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Principal Tax Savings Fund

Principal Tax Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

27.96

as on 29 Mar 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 20,981 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

  • ₹ 319.807

    as on 29 Mar 2023
  • 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 ₹ 319.807 as on 29 Mar 2023.

This fund has 27 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 -0.02% -1.30% 5.08% 17.83% 32.94% 48.96% 20.20% 21.31% 6.22% 8.84% 23.49% 24.08% 20.84%
Category Average -1.58% -5.48% -0.44% -0.01% 10.32% 26.25% 9.96% 14.37% -2.24% 1.42% 12.19% 11.74% 12.15%
Principal Tax Savings Fund -2.25%₹ 9,775 -6.33%₹ 9,366 -2.09%₹ 9,790 -0.60%₹ 9,939 -4.59%₹ 11,701 11.11%₹ 12,355 1.54%₹ 24,384 27.96%₹ 20,981 12.92%₹ 43,639 9.33%₹ 15,629 12.06%₹ 81,192 15.20%₹ 41,206 12.62%₹ 2,31,535
DSP Tax Saver Fund -2.14%₹ 9,786 -6.09%₹ 9,390 -0.06%₹ 9,993 -0.36%₹ 9,964 -2.80%₹ 11,818 10.73%₹ 12,271 1.27%₹ 24,318 28.94%₹ 21,465 13.42%₹ 43,950 12.09%₹ 17,708 13.53%₹ 84,210 16.27%₹ 45,211 13.89%₹ 2,47,793
Mirae Asset Tax Saver Fund -1.47%₹ 9,852 -5.17%₹ 9,483 0.55%₹ 10,055 -1.49%₹ 9,851 -3.15%₹ 11,795 8.93%₹ 11,874 0.42%₹ 24,104 29.46%₹ 21,725 12.65%₹ 43,469 13.76%₹ 19,069 13.92%₹ 85,021 - -
Quant Tax Plan -0.02%₹ 9,998 -10.01%₹ 8,998 -6.26%₹ 9,373 -1.80%₹ 9,819 -6.83%₹ 11,554 19.71%₹ 14,352 3.64%₹ 24,912 48.96%₹ 33,121 23.49%₹ 50,630 20.20%₹ 25,114 24.08%₹ 1,08,881 21.31%₹ 69,112 20.84%₹ 3,60,313
BOI AXA Tax Advantage Fund -0.98%₹ 9,901 -5.99%₹ 9,401 -0.42%₹ 9,958 -0.73%₹ 9,927 -0.90%₹ 11,942 11.42%₹ 12,424 1.25%₹ 24,313 28.63%₹ 21,310 13.48%₹ 43,987 11.93%₹ 17,578 15.50%₹ 88,381 15.94%₹ 43,931 14.53%₹ 2,56,460
Canara Robeco Equity Tax Saver Fund -1.51%₹ 9,849 -5.55%₹ 9,445 -1.37%₹ 9,862 -0.98%₹ 9,902 -3.12%₹ 11,797 9.34%₹ 11,964 0.56%₹ 24,138 27.14%₹ 20,577 12.07%₹ 43,102 13.99%₹ 19,258 13.97%₹ 85,114 14.82%₹ 39,870 13.76%₹ 2,46,086

Portfolio Holdings

Portfolio holdings pattern of Principal Tax Savings Fund as on 31 Mar 2023 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%