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Principal Tax Savings Fund

Principal Tax Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

19.41

as on 01 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,050 today.

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NAV Performance

Principal Tax Savings Fund performance graph for last 3 years
Performance of Principal Tax Savings Fund for last 3 Years

Fund Information

  • ₹ 353.070

    as on 01 Dec 2022
  • Regular - Growth

  • 15 / 37

  • ₹ 500

  • ₹ 588 Cr.

    as on 31 Dec 2021
  • 2.49%

  • 31 Mar 1996

  • Equity - ELSS

  • Nifty 500 TRI

  • Principal Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

Principal Tax Savings Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 31 Mar 1996. This fund is offered by one of the top AMC (Assets Management Company) Principal Mutual Fund. You can also view here all other Equity funds offered by Principal Mutual Fund.

Latest NAV of the fund is ₹ 353.070 as on 01 Dec 2022.

This fund has 26 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.49%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund 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.

List of Fund Managers of Principal Tax Savings Fund

  • About Sudhir Kedia

    Picture of Sudhir KediaMr. Kedia's professional experience extends to more than 12 years with his primary responsibility comprising Fund Management & Investment Analysis. He was previously associated with ASK Investments.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 5.15% 7.27% 17.54% 17.83% 43.13% 38.11% 22.24% 20.77% 26.41% 28.56% 41.73% 31.87% 24.34%
Category Average 3.36% 4.00% 12.19% 7.93% 22.15% 17.28% 11.12% 14.66% 15.32% 14.57% 21.14% 16.28% 14.56%
Principal Tax Savings Fund 1.77%₹ 10,176 3.95%₹ 10,395 13.23%₹ 11,322 9.19%₹ 10,919 16.27%₹ 13,032 23.40%₹ 15,227 16.54%₹ 28,251 19.41%₹ 17,050 23.54%₹ 50,694 10.52%₹ 16,493 16.99%₹ 91,731 15.57%₹ 42,559 15.29%₹ 2,67,200
DSP Tax Saver Fund 2.72%₹ 10,271 5.85%₹ 10,585 13.15%₹ 11,315 8.71%₹ 10,870 16.32%₹ 13,035 24.08%₹ 15,395 15.58%₹ 27,998 18.74%₹ 16,764 23.15%₹ 50,425 13.22%₹ 18,611 18.42%₹ 94,975 16.59%₹ 46,454 16.43%₹ 2,84,200
Mirae Asset Tax Saver Fund 3.87%₹ 10,386 5.34%₹ 10,533 11.70%₹ 11,170 5.59%₹ 10,558 13.93%₹ 12,886 21.73%₹ 14,818 13.79%₹ 27,528 19.72%₹ 17,183 22.66%₹ 50,082 14.88%₹ 20,019 19.00%₹ 96,326 - -
Quant Tax Plan 2.42%₹ 10,241 7.80%₹ 10,780 18.30%₹ 11,829 16.10%₹ 11,610 26.23%₹ 13,642 42.07%₹ 20,183 28.67%₹ 31,526 38.37%₹ 26,564 41.96%₹ 64,643 22.64%₹ 27,757 32.08%₹ 1,31,763 20.85%₹ 66,531 24.41%₹ 4,37,438
BOI AXA Tax Advantage Fund 1.65%₹ 10,164 5.42%₹ 10,542 15.48%₹ 11,547 4.55%₹ 10,455 15.35%₹ 12,975 23.07%₹ 15,146 14.85%₹ 27,806 24.07%₹ 19,133 23.81%₹ 50,882 13.68%₹ 18,993 20.13%₹ 99,029 16.17%₹ 44,825 16.92%₹ 2,91,762
Canara Robeco Equity Tax Saver Fund 1.88%₹ 10,188 4.06%₹ 10,406 14.00%₹ 11,400 6.03%₹ 10,602 14.59%₹ 12,927 22.41%₹ 14,984 14.30%₹ 27,661 21.74%₹ 18,069 22.47%₹ 49,953 16.19%₹ 21,189 19.33%₹ 97,118 15.28%₹ 41,512 16.24%₹ 2,81,186

Portfolio Holdings

Portfolio holdings pattern of Principal Tax Savings Fund as on 02 Dec 2022 are listed below:

  • Equity Holdings:

    98.60%
  • Debt Holdings:

    0.03%
  • Others Holdings:

    1.44%

Top Sector Holdings of Principal Tax Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 26.79% ₹ 254.99 Cr.
Computers - Software 14.69% ₹ 137.20 Cr.
Refineries/Marketing 4.23% ₹ 60.52 Cr.
Pharmaceuticals 5.29% ₹ 49.32 Cr.
Passenger/Utility vehicles 4.56% ₹ 42.62 Cr.
Others 44.44% -

Top Stock Holdings of Principal Tax Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 8.28% ₹ 77.29 Cr.
Infosys Ltd. 7.41% ₹ 69.18 Cr.
HDFC Bank Ltd. 5.31% ₹ 49.58 Cr.
Polycab India Limited 4.55% ₹ 42.52 Cr.
Reliance Industries Ltd. 3.49% ₹ 32.57 Cr.
Others 70.96% -

Top Debt Instrument Type holdings of Principal Tax Savings Fund

Instrument TypeHolding PercentageHolding Values in Crore
T-Bills 0.02% ₹ .12 Cr.
NCD & Bonds 0.01% ₹ .06 Cr.
Others 99.97% -

Top Debt Holdings of Principal Tax Savings Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - T-Bill 0.02% ₹ .12 Cr.
Bond - Britannia Industries Ltd. 0.01% ₹ .06 Cr.
Others 99.97%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 1.44%