Principal Tax Savings Fund - Direct Plan
To build a high quality growth-oriented portfolio to provide long-term capital gains to the investors, the scheme aims at providing returns through capital appreciation.
Suitability
This product is suitable for investors who are seeking• Long term capital growth with a three year lock-in. • Investment in equity & equity related securities including equity derivatives of companies across market capitalization.
Fund Info
| Scheme Class | Equity |
| Scheme Category | ELSS (Tax Savings) |
| Benchmark Type | S&P BSE 200 India TR INR |
| Expense Ratio | 2.05% |
| Min subscription | ₹ 500 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 407 |
| AMC AUM (in Crs.) | ₹ 7,091 |
| Min Addition Subscription | ₹ 500 |
Building Graph
Peer Comparison
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
| 500 | 500 | 18.15% | |
| 500 | 500 | 17.52% | |
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan | 500 | 500 | 11.51% |
| 500 | 500 | 10.77% | |
| 500 | 500 | 12.92% | |
| 500 | 500 | 14.37% | |
| 500 | 500 | 17.52% | |
| 500 | 500 | 12.29% |
Top 10 Holdings
| Company | Holding Type | Asset(%) |
|---|---|---|
| HDFC Bank Ltd | Equity | 8 |
| ICICI Bank Ltd | Equity | 7 |
| Reliance Industries Ltd | Equity | 6 |
| State Bank of India | Equity | 4 |
| Infosys Ltd | Equity | 4 |
| Housing Development Finance Corp Ltd | Equity | 3 |
| Treps 02-Dec-2019 | Cash - Repurchase Agreement | 3 |
| Kotak Mahindra Bank Ltd | Equity | 3 |
| ITC Ltd | Equity | 3 |
| Tata Consultancy Services Ltd | Equity | 3 |
Asset Allocation(%)
| Asset | Percent |
|---|---|
| Equity | 97 |
| Cash - Repurchase Agreement | 3 |
| Cash | 0 |
| Bond - Gov't Treasury | 0 |
Sector Allocation(%)
| Sector | Percent |
|---|---|
| Financial Services | 37 |
| Consumer Defensive | 11 |
| Technology | 8 |
| Energy | 8 |
| Basic Materials | 7 |
Principal Mutual Fund
AUM₹7,091 Cr
About
Principal Mutual Fund was established in 1994 and is one of the oldest AMCs in the country. The AMC has over 4 lakh customers and more than 20,000 distributors across the country. What is unique about this asset management company is that they are committed to provide financial to retail investors and institutions alike.##With a financial legacy of more than 130 years, their global expertise proves to be an asset for taking adequate market decisions.##The AMC provides a wide range of products, ranging from equity, debt and hybrid. The schemes invest in diverse portfolios and aim to generate subsequent returns. They believe in delivering superior risk adjusted returns to clients and believe in carrying out business in a safe and transparent manner, maintaining a high level of trust and integrity among clients.
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AddressCalculate Returns
Investment DurationYears6Months0
Investment Amount₹ 10000
Return Amount₹ 4185
Return Rate6 %
Duration6y 0m