Principal Personal Tax Saver Fund

Principal Personal Tax Saver Fund

NAV

(as on 24-06-2021)

282.77

3 YRS CAGR

(as on 24-06-2021)

12.03%

CAGR since inception

(since 01-01-2013)

12.8%

AUM

(as on 2021-05-31)

310.07 Cr

Investment type

Investment Amount

Tenure

Growth

This Fund Benchmark Additional Benchmark
* Returns shown are for the growth option and are calculated uptil 24-06-2021
* 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 24-06-2021
* 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.

Investment type

Investment Amount

Tenure

Growth

Annualized Return Absolute Return
* Returns shown are for the growth option and are calculated uptil 24-06-2021
* Benchmark : Nifty 500 Index - TRI
* Additional Benchmark : Nifty 50 Index - TRI
As on 2021-05-31
As on 2021-05-31
% of NAV
Sector
31.60%
Banks
10.00%
Software
8.98%
Consumer Non Durables
7.42%
Petroleum Products
6.06%
Pharmaceuticals
5.11%
Industrial Products
4.68%
Auto
2.98%
Telecom - Services
2.69%
Finance
2.59%
Insurance
2.40%
Ferrous Metals
2.35%
Capital Markets
2.25%
Auto Ancillaries
1.74%
Pesticides
1.57%
Construction Project
1.45%
Consumer Durables
1.21%
Industrial Capital Goods
1.08%
Power
0.97%
Construction
0.94%
Chemicals
0.82%
Cement & Cement Products
0.50%
Gas
As on 2021-05-31
% to NET Assets
Name
9.53%
ICICI Bank Ltd.
6.99%
HDFC Bank Ltd.
4.71%
Infosys Ltd.
4.25%
State Bank of India
3.46%
Axis Bank Ltd.
3.43%
Reliance Industries Ltd.
3.22%
Polycab India Ltd.
3.18%
Maruti Suzuki India Ltd.
2.98%
Bharti Airtel Ltd.
2.83%
Kotak Mahindra Bank Ltd.
2.74%
Tata Consultancy Services Ltd.
2.40%
Tata Steel Ltd.
2.25%
United Spirits Ltd.
2.17%
Hindustan Unilever Ltd.
2.06%
Housing Development Finance Corporation Ltd.
2.06%
The Federal Bank Ltd.
2.05%
ITC Ltd.
1.86%
Reliance Industries Ltd.-Partly paid Right
1.80%
Bank of Baroda
1.62%
Max Financial Services Ltd.
1.57%
Larsen & Toubro Ltd.
1.28%
Coforge Ltd.
1.21%
ABB India Ltd.
1.19%
Britannia Industries Ltd.
1.18%
Sun Pharmaceutical Industries Ltd.
1.12%
Hindustan Petroleum Corporation Ltd.
1.12%
Divi's Laboratories Ltd.
1.08%
NTPC Ltd.
1.07%
Cipla Ltd.
1.05%
Rallis India Ltd.
1.04%
Subros Ltd.
1.03%
Dr. Reddy's Laboratories Ltd.
1.01%
Bharat Petroleum Corporation Ltd.
1.01%
Multi Commodity Exchange of India Ltd.
1.00%
IPCA Laboratories Ltd.
0.99%
Schaeffler India Ltd.
0.98%
Tata Motors Ltd.
0.97%
The Phoenix Mills Ltd.
0.97%
SBI Life Insurance Company Ltd.
0.94%
Rossari Biotech Ltd.
0.94%
Whirlpool of India Ltd.
0.90%
Tata Consumer Products Ltd.
0.90%
Astral Limited
0.82%
Ultratech Cement Ltd.
0.76%
Computer Age Management Services Ltd.
0.74%
TREPS 01-Jun-2021
0.69%
PI Industries Ltd.
0.68%
IndusInd Bank Ltd.
0.67%
MindTree Ltd.
0.66%
Aurobindo Pharma Ltd.
0.63%
SBI Cards & Payment Services Ltd.
0.62%
Bosch Ltd.
0.60%
Wipro Ltd.
0.59%
CEAT Ltd.
0.58%
UTI Asset Management Co Ltd
0.52%
Ashok Leyland Ltd.
0.51%
Crompton Greaves Consumer Electricals Ltd.
0.50%
Petronet LNG Ltd.
0.24%
Dabur India Ltd.
0.18%
Kansai Nerolac Paints Ltd.
0.02%
91 DAY T-BILL 22-Jul-2021
0.01%
5.50% Britannia Industries 03-Jun-2024

Benchmark

Nifty 500 Index - TRI

Additional Benchmark

Nifty 50 Index - TRI

Horizon

3 years and above

Age

8 Yrs 175 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 large capitalization companies.

Investment Objective

To provide long term growth of capital. The Investment Manager will aim to achieve a return on assets in excess of the performance of S&P BSE 100 Index.

WHY INVEST IN Principal Personal Tax Saver Fund?

• The fund provides tax deduction under section 80C of the Income Tax Act.
• It is a diversified equity fund that invests in fundamentally strong companies across market capitalization.
• It aims to outperform benchmark across market cycles owing to its multi cap investment flexibility.

minimum investment

New Investor: Rs 500
Existing Investor: Rs 500

options

Both the Plans do not have any options at present

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

  • In respect of valid applications received upto the Cut off time i.e. 3.00 p.m. on a Business Day and where the funds for the entire amount are available for utilization before the cut-off time - the closing NAV of the day shall be applicable.
  • In respect of valid applications received after 3.00 p.m. on a Business Day and where the funds are available for utilization either on the same day or before the cut-off time of the next Business Day - the closing NAV of the next Business Day shall be applicable.
  • Irrespective of the time of receipt of application, where the funds available for utilization before the cut-off time on any subsequent Business Day - the closing NAV of such subsequent Business Day when the funds are available for utilisation shall be applicable.
  • In respect of valid applications, the time of receipt of applications or the funds for the entire amount are available for utilisation, which ever is later, will be used to determine the applicability of NAV.
In case of other facilities like Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), etc, the NAV of the day on which the funds are available for utilisation by the Target Scheme shall be used irrespective of the installment date.
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fund managers

Sudhir Kedia

Sudhir Kedia

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