Fund Performance
Lumpsum
SIP
25.14
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,598 today.
NAV Performance
Fund Information
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₹ 386.370
as on 22 Sep 2023 -
Regular - Growth
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13 / 37
-
₹ 500
-
₹ 933 Cr.
as on 31 May 2023 -
2.34%
-
31 Mar 1996
-
Nifty 500 TRI
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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
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About Sudhir Kedia
Mr. 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
Top Sector Holdings of Principal Tax Savings Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage | Holding 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 Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 0.02% | ₹ .12 Cr. |
| Bond - Britannia Industries Ltd. | 0.01% | ₹ .06 Cr. |
| Others | 99.97% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 3.68% |
| Net Receivables | 0.01% |