Principal Tax Savings Fund

Principal Tax Savings Fund

NAV

(as on 19-07-2019)

207.72

3 YRS CAGR

(as on 19-07-2019)

11.14%

CAGR since inception

(since 01-01-2013)

14.47%

AUM

(as on 30-Jun-2019)

406.57 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 19-07-2019
* 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 19-07-2019
* 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 19-07-2019
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 30-Jun-2019
As on 30-Jun-2019
% of NAV
Sector
26.89%
Banks
11.36%
Consumer Non Durables
8.23%
Software
6.16%
Cement
5.57%
Finance
5.36%
Construction Project
4.38%
Power
4.19%
Pharmaceuticals
4.14%
Petroleum Products
2.51%
Hotels, Resorts And Other Recreational Activities
2.25%
Fertilisers
2.13%
Ferrous Metals
1.97%
Chemicals
1.93%
Auto
1.87%
Consumer Durables
1.78%
Telecom - Services
1.76%
Textile Products
1.68%
Auto Ancillaries
1.23%
Minerals/Mining
1.13%
Industrial Products
0.75%
Non - Ferrous Metals
0.57%
Construction
0.30%
Diversified Consumer Services
As on 30-Jun-2019
% to NET Assets
Name
5.49%
HDFC Bank Ltd.
5.47%
ICICI Bank Ltd.
4.26%
State Bank of India
4.14%
Reliance Industries Ltd.
3.62%
Tata Consultancy Services Ltd.
3.27%
Kotak Mahindra Bank Ltd.
3.07%
ITC Ltd.
2.95%
Larsen & Toubro Ltd.
2.69%
Tata Power Company Ltd.
2.52%
Marico Ltd.
2.51%
The Indian Hotels Company Ltd.
2.46%
Infosys Ltd.
2.31%
Housing Development Finance Corporation Ltd.
2.25%
Chambal Fertilisers and Chemicals Ltd.
2.21%
SBI Life Insurance Company Ltd.
2.16%
Axis Bank Ltd.
2.03%
The India Cements Ltd.
1.87%
Bajaj Electricals Ltd.
1.87%
GlaxoSmithKline Consumer Healthcare Ltd.
1.78%
Bharti Airtel Ltd.
1.78%
Dabur India Ltd.
1.76%
SRF Ltd.
1.76%
Cash & Cash Equivalents
1.69%
NTPC Ltd.
1.64%
Ultratech Cement Ltd.
1.50%
Tata Chemicals Ltd.
1.49%
IndusInd Bank Ltd.
1.36%
Hindustan Construction Company Ltd.
1.34%
Tech Mahindra Ltd.
1.34%
City Union Bank Ltd.
1.33%
Sun Pharmaceutical Industries Ltd.
1.31%
Britannia Industries Ltd.
1.23%
Coal India Ltd.
1.16%
Bank of Baroda
1.13%
Ramkrishna Forgings Ltd.
1.13%
Abbott India Ltd.
1.12%
Steel Authority of India Ltd.
1.09%
Asahi India Glass Ltd.
1.08%
Dishman Carbogen Amcis Ltd.
1.05%
ICICI Prudential Life Insurance Company Ltd.
1.05%
Ircon International Ltd.
1.01%
Kirloskar Ferrous Industries Ltd.
0.98%
ACC Ltd.
0.97%
Bajaj Auto Ltd.
0.96%
Hero MotoCorp Ltd.
0.90%
Karur Vysya Bank Ltd.
0.84%
The Federal Bank Ltd.
0.81%
Bombay Burmah Trading Corporation Ltd.
0.81%
HCL Technologies Ltd.
0.79%
JK Cement Ltd.
0.75%
Hindustan Zinc Ltd.
0.72%
Birla Corporation Ltd.
0.65%
Aurobindo Pharma Ltd.
0.59%
Rico Auto Industries Ltd.
0.57%
Gayatri Projects Ltd.
0.51%
Yes Bank Ltd.
0.47%
Phillips Carbon Black Ltd.
0.30%
CL Educate Ltd.
0.10%
364 DAY T-BILL 25-Jul-2019

Benchmark

Nifty 500 Index - TRI

Horizon

3 years and above

Age

6 Yrs 200 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

expense ratio

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

P V K Mohan Principal Hybrid Equity Fund Manager

P.V.K Mohan

P.V.K Mohan has spent over 25 years in equity research and fund manage...
funds managed