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Principal Tax Savings Fund

Principal Tax Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

25.14

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,598 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

  • ₹ 386.370

    as on 22 Sep 2023
  • Regular - Growth

  • 13 / 37

  • ₹ 500

  • ₹ 933 Cr.

    as on 31 May 2023
  • 2.34%

  • 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 ₹ 386.370 as on 22 Sep 2023.

This fund has 27 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.34%. 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 Very 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 4.75% 11.13% 25.95% 26.21% 32.94% 34.63% 24.02% 23.88% 37.19% 24.83% 23.35% 29.58% 22.88%
Category Average 2.08% 7.00% 18.95% 14.97% 9.09% 23.43% 13.43% 16.23% 23.94% 15.54% 16.51% 17.67% 14.29%
Principal Tax Savings Fund 1.82%₹ 10,182 7.52%₹ 10,751 20.01%₹ 12,000 12.68%₹ 11,268 22.45%₹ 13,412 9.34%₹ 11,954 15.18%₹ 27,899 25.14%₹ 19,598 17.08%₹ 46,334 13.06%₹ 18,487 18.19%₹ 94,453 16.98%₹ 48,067 14.65%₹ 2,58,189
Quant Tax Plan 2.94%₹ 10,293 10.59%₹ 11,059 22.67%₹ 12,266 8.73%₹ 10,873 24.21%₹ 13,520 13.60%₹ 12,904 18.03%₹ 28,654 34.63%₹ 24,399 23.35%₹ 50,575 24.02%₹ 29,375 29.58%₹ 1,24,236 23.88%₹ 85,294 22.88%₹ 4,02,701
Kotak Tax Saver Fund 2.07%₹ 10,207 7.43%₹ 10,742 18.37%₹ 11,837 15.68%₹ 11,567 24.00%₹ 13,507 11.37%₹ 12,403 17.36%₹ 28,475 25.31%₹ 19,675 18.36%₹ 47,184 15.80%₹ 20,840 19.32%₹ 97,112 17.49%₹ 50,207 15.69%₹ 2,73,129
Mirae Asset Tax Saver Fund 2.06%₹ 10,205 7.61%₹ 10,761 19.75%₹ 11,974 15.83%₹ 11,582 24.46%₹ 13,535 7.39%₹ 11,531 14.78%₹ 27,793 24.33%₹ 19,218 16.06%₹ 45,667 16.38%₹ 21,369 19.15%₹ 96,708 - -
IDFC Tax Advantage (elss) Fund 1.43%₹ 10,143 7.96%₹ 10,795 21.34%₹ 12,134 18.67%₹ 11,867 27.81%₹ 13,738 12.77%₹ 12,718 18.74%₹ 28,844 30.96%₹ 22,461 21.42%₹ 49,243 16.19%₹ 21,195 22.65%₹ 1,05,277 18.51%₹ 54,755 16.97%₹ 2,92,511
BOI AXA Tax Advantage Fund 4.24%₹ 10,423 10.53%₹ 11,053 23.71%₹ 12,371 16.90%₹ 11,689 30.00%₹ 13,870 8.07%₹ 11,679 18.60%₹ 28,805 25.92%₹ 19,964 18.96%₹ 47,585 18.15%₹ 23,048 22.27%₹ 1,04,305 17.55%₹ 50,484 17.09%₹ 2,94,437

Portfolio Holdings

Portfolio holdings pattern of Principal Tax Savings Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    96.35%
  • Debt Holdings:

    0.03%
  • Others Holdings:

    3.69%

Top Sector Holdings of Principal Tax Savings Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 25.68% ₹ 257.58 Cr.
Computers - Software 8.36% ₹ 83.80 Cr.
Refineries/Marketing 6.75% ₹ 67.68 Cr.
Housing Finance 5.19% ₹ 52.06 Cr.
Pharmaceuticals 4.11% ₹ 41.21 Cr.
Others 49.91% -

Top Stock Holdings of Principal Tax Savings Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 7.29% ₹ 73.09 Cr.
Reliance Industries Ltd. 6.75% ₹ 67.68 Cr.
HDFC Bank Ltd. 5.38% ₹ 53.98 Cr.
Infosys Ltd. 4.38% ₹ 43.90 Cr.
Housing Development Finance Corporation Ltd. 4.13% ₹ 41.45 Cr.
Others 72.07% -

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
TREPS 3.68%
Net Receivables 0.01%