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Principal Tax Savings Fund

Principal Tax Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.85

as on 28 Jun 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,377 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

  • ₹ 300.317

    as on 28 Jun 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 ₹ 300.317 as on 28 Jun 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 -1.11% -2.81% -3.95% 17.83% 49.13% 29.30% 19.56% 19.18% -2.20% 25.86% 34.79% 25.73% 21.69%
Category Average -2.49% -7.54% -9.87% -0.40% 25.23% 11.93% 9.90% 14.53% -13.04% 9.13% 14.09% 11.33% 12.81%
Principal Tax Savings Fund -1.51%₹ 9,848 -6.03%₹ 9,396 -7.20%₹ 9,279 2.60%₹ 10,260 -9.02%₹ 11,407 27.56%₹ 16,293 12.48%₹ 27,183 12.85%₹ 14,377 16.86%₹ 46,182 9.89%₹ 16,025 12.04%₹ 81,175 15.90%₹ 43,784 13.66%₹ 2,44,799
DSP Tax Saver Fund -2.58%₹ 9,742 -7.20%₹ 9,280 -8.05%₹ 9,195 -1.19%₹ 9,881 -12.74%₹ 11,158 27.53%₹ 16,285 11.51%₹ 26,931 14.35%₹ 14,958 16.35%₹ 45,844 11.90%₹ 17,548 13.59%₹ 84,350 16.70%₹ 46,906 14.78%₹ 2,59,971
Mirae Asset Tax Saver Fund -2.67%₹ 9,732 -6.67%₹ 9,332 -9.87%₹ 9,012 -0.95%₹ 9,905 -12.61%₹ 11,166 28.65%₹ 16,574 10.82%₹ 26,753 15.78%₹ 15,526 17.22%₹ 46,414 14.10%₹ 19,348 15.07%₹ 87,485 - -
Quant Tax Plan -3.17%₹ 9,682 -7.90%₹ 9,209 -7.04%₹ 9,296 5.55%₹ 10,554 -7.15%₹ 11,532 49.13%₹ 22,288 25.86%₹ 30,750 29.30%₹ 21,630 34.79%₹ 58,937 19.56%₹ 24,439 25.73%₹ 1,13,316 19.18%₹ 57,867 21.69%₹ 3,77,334
BOI AXA Tax Advantage Fund -2.39%₹ 9,760 -10.14%₹ 8,986 -15.45%₹ 8,455 -4.02%₹ 9,598 -18.91%₹ 10,736 28.70%₹ 16,586 8.13%₹ 26,057 18.78%₹ 16,767 16.77%₹ 46,123 13.77%₹ 19,067 14.56%₹ 86,390 15.51%₹ 42,326 14.65%₹ 2,58,157
Canara Robeco Equity Tax Saver Fund -2.44%₹ 9,756 -7.68%₹ 9,232 -11.88%₹ 8,812 -1.34%₹ 9,865 -14.57%₹ 11,034 27.45%₹ 16,263 9.09%₹ 26,305 15.14%₹ 15,268 15.99%₹ 45,610 13.92%₹ 19,190 14.73%₹ 86,751 14.81%₹ 39,837 14.28%₹ 2,53,068

Portfolio Holdings

Portfolio holdings pattern of Principal Tax Savings Fund as on 29 Jun 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%