• Mutual Funds
  • Principal Mutual Fund
  • Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M)

Formerly Principal Tax Savings Reg HY DP

Principal Mutual Fund

Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M)

EquityTax Saving

321.15

NAV (Nov 26)

12.8%
Till Date CAGR
Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

4 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

611 Cr. Medium within the category

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Poor. The historical performance of the fund has been poor

Invest in this fund
Explore a better alternative to this fund with a Scripbox plan.
Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • graph-icon-gray
    Historical growth rate of 12% per annum
  • graph-icon-gray
    Recommended Duration > 5 years
  • graph-icon-gray
    3 Years
  • graph-icon-gray
    Save Tax

No single fund can achieve what a plan can. Learn why

Historical NAV

321.15

NAV (Nov 26)

Fund Returns

Last 1Y

45.9%

Last 3Y

18.8%

Last 5Y

NA

Last 10Y

NA

Since Inception

12.8%

6 Month CAGR

19.6%

info-icon-blue

Scheme Information

Investment Objective

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Very High Risk

Expense Ratio

2.48

Launched (4y ago)

Sep 11, 2017

AUM in Crores

610.189

ISIN

INF173K01NM3

Lock-in

3

Benchmark

IISL Nifty 500 TR INR

SIP Minimum

500

Lumpsum Min.

500

Fund Managers
user-avatar

Sudhir Kedia

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

build-long-item-wealth-img

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

₹ 21,676 cr

5

₹ 5,381 cr

5

₹ 5,380 cr

5

₹ 4,084 cr

5

₹ 3,456 cr

5

amc-icon

About the AMC

Principal Asset Management Private Limited

Principal Asset Management Private Limited manages assets worth 9,520 crores and was set up on 20 November 1994. It's current offering of mutual fund schemes includes 30 equity,31 debt and 16 hybrid funds.

amc-img

  • tel-amc-about
    022-67720555
  • mail-amc-about
    customer@principalindia.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    23%

    25%

    23.6%

    16.3%

    23%

    25%

    18.6%

    15.4%

    23%

    25%

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    How to invest in best mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    grow money
    01

    Choose a plan

    Choose a plan to invest to start investing

    02

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund.

    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. Get started with your wealth creation without worry.

    testimonial image
    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M)

    About Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M)

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) is a Tax Saving Equity fund and has delivered an annualised return of 12.8% over a period of 4 years. The fund was previously known as Principal Tax Savings Reg HY DP . The fund is managed by Principal Asset Management Private Limited. The fund manager’s name is Sudhir Kedia

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) NAV,AUM,Risk

    The Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) fund was launched on Sep 11, 2017. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-11-26 is ₹321.15. The total AUM (Asset Under Management) of the fund as of 27/11/2021 is ₹610.189. The category risk of the Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) fund is Very High Risk. The fund charges 2.48 % as expense ratio.

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) Holdings

    The fund’s highest allocation is towards Equity and has invested 98.1% in this asset class. The top three holdings of the fund are , icici bank ltd , infosys ltd , hdfc bank ltd , polycab india ltd , ashok leyland ltd , state bank of india , reliance industries ltd ordinary shares (partly paid rs.5) , axis bank ltd , kotak mahindra bank ltd , tata consultancy services ltd , maruti suzuki india ltd , bharti airtel ltd , tata steel ltd , tata motors ltd , bank of baroda , housing development finance corp ltd , treps 01-nov-2021 , the federal bank ltd , zee entertainment enterprises ltd , hindustan unilever ltd , bharti airtel ltd. , sun pharmaceuticals industries ltd , abb india ltd , larsen & toubro ltd , itc ltd , canara bank , indian bank , coforge ltd , schaeffler india ltd , vip industries ltd , subros ltd , beml ltd , pvr ltd , mindtree ltd , cholamandalam investment and finance co ltd , crompton greaves consumer electricals ltd , wipro ltd , navin fluorine international ltd , icra ltd , sona blw precision forgings ltd , dr reddy's laboratories ltd , indusind bank ltd , ipca laboratories ltd , ntpc ltd , astral ltd , icici lombard general insurance co ltd , bharat petroleum corp ltd , sbi life insurance company limited , ultratech cement ltd , divi's laboratories ltd , minda industries ltd , multi commodity exchange of india ltd , computer age management services ltd ordinary shares , pi industries ltd , max financial services ltd , uti asset management co ltd , sbi cards and payment services ltd ordinary shares , cipla ltd , zomato ltd , aurobindo pharma ltd , britannia industries ltd , bharat forge ltd , net receivable / payable , fsn e-commerce ventures ltd

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹500 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) Review

    Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Principal Tax Savings Fund of Income Distribution cum Cap Wdrl (PIDCW-6M) has a score of 3 out of 5 Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.