Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 18-10-2019)

206.71

3 YRS CAGR

(as on 18-10-2019)

7.17%

CAGR since inception

(since 01-01-2013)

13.8%

AUM

(as on 30-Sep-2019)

389.43 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 18-10-2019
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

This Fund
Benchmark
Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 18-10-2019
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI

* Different plans shall have a different expense structure. Past performance may or may not be sustained in future. Returns (in %) less than one year are absolute. Returns (in %) for one year or more are calculated on Compounded Annualized Basis (CAGR). Performance of the dividend option for the investors would be net of dividend distribution tax, as applicable.

Loading

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 18-10-2019
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 30-Sep-2019
As on 30-Sep-2019
% of NAV
Sector
25.77%
Banks
12.14%
Consumer Non Durables
8.45%
Software
6.32%
Finance
5.96%
Cement
4.95%
Construction Project
4.60%
Petroleum Products
4.25%
Pharmaceuticals
4.00%
Power
2.11%
Auto
2.07%
Fertilisers
2.06%
Chemicals
1.96%
Telecom - Services
1.66%
Textile Products
1.55%
Ferrous Metals
1.44%
Consumer Durables
1.31%
Hotels, Resorts And Other Recreational Activities
1.09%
Auto Ancillaries
1.01%
Minerals/Mining
0.83%
Industrial Products
0.69%
Non - Ferrous Metals
0.40%
Construction
0.24%
Diversified Consumer Services
0.08%
Media & Entertainment
As on 30-Sep-2019
% to NET Assets
Name
5.76%
HDFC Bank Ltd.
5.67%
ICICI Bank Ltd.
4.91%
TREPS 01-Oct-2019
4.60%
Reliance Industries Ltd.
3.80%
Kotak Mahindra Bank Ltd.
3.34%
Tata Consultancy Services Ltd.
3.34%
State Bank of India
3.04%
ITC Ltd.
2.92%
Larsen & Toubro Ltd.
2.83%
Infosys Ltd.
2.80%
Marico Ltd.
2.69%
SBI Life Insurance Company Ltd.
2.54%
Tata Power Company Ltd.
2.17%
Housing Development Finance Corporation Ltd.
2.16%
GlaxoSmithKline Consumer Healthcare Ltd.
2.08%
Dabur India Ltd.
2.07%
Chambal Fertilisers and Chemicals Ltd.
1.96%
Bharti Airtel Ltd.
1.91%
Axis Bank Ltd.
1.68%
The India Cements Ltd.
1.66%
SRF Ltd.
1.64%
Ultratech Cement Ltd.
1.53%
IndusInd Bank Ltd.
1.47%
Tata Chemicals Ltd.
1.47%
Britannia Industries Ltd.
1.46%
ICICI Prudential Life Insurance Company Ltd.
1.46%
NTPC Ltd.
1.44%
Bajaj Electricals Ltd.
1.42%
Tech Mahindra Ltd.
1.40%
Abbott India Ltd.
1.40%
City Union Bank Ltd.
1.35%
Sun Pharmaceutical Industries Ltd.
1.31%
The Indian Hotels Company Ltd.
1.06%
Bajaj Auto Ltd.
1.05%
ACC Ltd.
1.05%
Hero MotoCorp Ltd.
1.02%
Ircon International Ltd.
1.01%
Coal India Ltd.
1.01%
Hindustan Construction Company Ltd.
0.95%
Asahi India Glass Ltd.
0.87%
JK Cement Ltd.
0.86%
HCL Technologies Ltd.
0.84%
Dishman Carbogen Amcis Ltd.
0.83%
Ramkrishna Forgings Ltd.
0.83%
Bank of Baroda
0.80%
Karur Vysya Bank Ltd.
0.78%
Kirloskar Ferrous Industries Ltd.
0.77%
Steel Authority of India Ltd.
0.73%
The Federal Bank Ltd.
0.72%
Birla Corporation Ltd.
0.69%
Hindustan Zinc Ltd.
0.66%
Aurobindo Pharma Ltd.
0.59%
Phillips Carbon Black Ltd.
0.59%
The Bombay Burmah Trading Corporation Ltd.
0.40%
Gayatri Projects Ltd.
0.24%
CL Educate Ltd.
0.14%
Rico Auto Industries Ltd.
0.08%
91 DAY T-BILL 17-Oct-2019
0.08%
Chennai Super Kings Ltd.
0.06%
Cash & Cash Equivalents
0.01%
8.00% Britannia Industries Ltd. 28-Aug-2022

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

6 Yrs 293 Days

Performance

Suitable for

1. Long term capital growth with a three year lock-in.
2. Investment in equity and equity related securities including equity derivatives of companies across market capitalization.

Investment Objective

To build a high quality growth-oriented portfolio to provide long term capital gains to investors. The scheme aims at providing returns through capital appreciation.

WHY INVEST IN Principal Tax Savings Fund?

• This fund provides tax deduction under section 80C of Income Tax Act 1961.
• It aims at long term wealth creation for the investors.
• It is a diversified equity fund that seeks to invest in fundamentally strong companies across market capitalization.
• The fund seeks to outperform the benchmark across market cycles largely due to its muti-cap investment flexibility.
• The fund has almost 22 years track record across multiple market cycles.

minimum investment

New Investor: Rs 500
Existing Investor: Rs 500

options

Both the Plans offer Growth and Half yearly dividend option (w.e.f. Sept 11, 2017)

OTHER DETAILS

Exit Load:

Nil

SIP/STP/RWP -Available

Minimum No. & Amt. of
SIP - Rs 500*
STP - Rs 500*
RWP - Rs 500*
(STP and RWP - Available after lock-in period)
*6 installments each

Cut Off Time

3.00 p.m. In respect of purchase/switch-in of units for an amount equal to or more than Rs. 2 lakh, the closing NAV (Net Asset Value) of the day shall be applicable subject to realisation of the funds up to 3.00 p.m. and receipt of application (duly time stamped).

fund manager

Ravi Gopalakrishnan Principal Hybrid Equity Fund Manager

Ravi Gopalakrishnan

Mr. Ravi Gopalakrishnan has over 25 years of experience in research an...
funds managed