Principal Mutual Fund has announced that owing to certain operational difficulties and till further notice Principal Tax Saver Fund and Principal Tax Savings Fund (open ended equity linked savings schemes) shall not be available for transactions i.e. subscriptions and redemptions on NSE order routing platform (NEAT MFSS).
This is in pursuant to the communication received from NSE conveying their decision of having discontinued all such schemes on their NEAT MFSS where lock-in is applicable.