Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 13-11-2019)

210.37

3 YRS CAGR

(as on 13-11-2019)

9.73%

CAGR since inception

(since 01-01-2013)

13.96%

AUM

(as on 31-Oct-2019)

400.93 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 13-11-2019
* 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 13-11-2019
* 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.

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Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 13-11-2019
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 31-Oct-2019
As on 31-Oct-2019
% of NAV
Sector
26.76%
Banks
12.02%
Consumer Non Durables
9.26%
Software
6.47%
Finance
5.90%
Petroleum Products
5.54%
Construction Project
5.08%
Pharmaceuticals
4.39%
Cement
3.82%
Power
2.43%
Telecom - Services
2.26%
Textile Products
1.93%
Chemicals
1.90%
Fertilisers
1.53%
Auto
1.53%
Auto Ancillaries
1.32%
Gas
1.20%
Services
1.11%
Consumer Durables
1.02%
Minerals/Mining
0.51%
Ferrous Metals
0.49%
Non - Ferrous Metals
0.47%
Construction
0.13%
Diversified Consumer Services
0.07%
Media & Entertainment
As on 31-Oct-2019
% to NET Assets
Name
7.84%
HDFC Bank Ltd.
6.27%
ICICI Bank Ltd.
4.91%
Reliance Industries Ltd.
3.74%
State Bank of India
3.69%
Infosys Ltd.
3.56%
ITC Ltd.
3.53%
Kotak Mahindra Bank Ltd.
3.51%
Tata Consultancy Services Ltd.
3.48%
Larsen & Toubro Ltd.
2.97%
TREPS 01-Nov-2019
2.52%
Marico Ltd.
2.43%
Bharti Airtel Ltd.
2.34%
Tata Power Company Ltd.
2.27%
GlaxoSmithKline Consumer Healthcare Ltd.
2.27%
Housing Development Finance Corporation Ltd.
2.09%
Dabur India Ltd.
1.99%
Axis Bank Ltd.
1.90%
Chambal Fertilisers and Chemicals Ltd.
1.70%
SRF Ltd.
1.58%
Britannia Industries Ltd.
1.52%
Ultratech Cement Ltd.
1.52%
Tata Chemicals Ltd.
1.51%
Abbott India Ltd.
1.48%
NTPC Ltd.
1.46%
Sun Pharmaceutical Industries Ltd.
1.45%
Max Financial Services Ltd.
1.41%
IndusInd Bank Ltd.
1.32%
City Union Bank Ltd.
1.20%
Indian Railway Catering & Tourism Corporation Ltd.
1.16%
Tech Mahindra Ltd.
1.16%
SBI Life Insurance Company Ltd.
1.14%
Ircon International Ltd.
1.11%
Bajaj Electricals Ltd.
1.04%
Exide Industries Ltd.
1.02%
Hero MotoCorp Ltd.
1.02%
Coal India Ltd.
1.00%
The India Cements Ltd.
0.99%
Hindustan Petroleum Corporation Ltd.
0.92%
Hindustan Construction Company Ltd.
0.90%
HCL Technologies Ltd.
0.83%
Gujarat State Petronet Ltd.
0.83%
ICICI Prudential Life Insurance Company Ltd.
0.80%
Divi's Laboratories Ltd.
0.76%
Equitas Holdings Ltd.
0.71%
ACC Ltd.
0.70%
Birla Corporation Ltd.
0.66%
The Federal Bank Ltd.
0.56%
Page Industries Ltd.
0.53%
Dishman Carbogen Amcis Ltd.
0.51%
Maruti Suzuki India Ltd.
0.51%
Aurobindo Pharma Ltd.
0.49%
GAIL (India) Ltd.
0.49%
MRF Ltd.
0.49%
Hindalco Industries Ltd.
0.47%
Gayatri Projects Ltd.
0.46%
JK Cement Ltd.
0.41%
Phillips Carbon Black Ltd.
0.31%
Tata Steel Ltd.
0.27%
Torrent Pharmaceuticals Ltd.
0.20%
Tata Steel BSL Ltd.
0.13%
CL Educate Ltd.
0.07%
364 DAY T-BILL 09-Jan-2020
0.07%
Chennai Super Kings Ltd.
-0.18%
Cash & Cash Equivalents

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

6 Yrs 316 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

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Sudhir Kedia

Mr. Sudhir Kedia has over 13 years of experience in research and asset...
funds managed