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Fincash » Mutual Funds » Principal Tax Savings Fund

Principal Tax Savings Fund - G

NAV  ₹210.54 ↓ 1.67   (0.80 %) as on 23 Jan 20

Scheme 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.

Principal Tax Savings Fund is a Equity - ELSS fund launched on 31 Mar 96. It is a fund with Moderately High risk and has given a CAGR return of 15.6% since its launch.  Ranked 8 in ELSS category.  Return for 2019 was 2.5% , 2018 was -9.2% and 2017 was 48.8% .

Below is the key information for Principal Tax Savings Fund

NAV as on 23 Jan 20₹210.54 ↓ 1.67   (0.80 %)
Net Assets (AUM) as on 31 Dec 2019 ₹408 Cr.
Launch Date31 Mar 1996
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Alpha Ratio-6.43
Expense Ratio2.61 %
Sharpe Ratio-0.006
Information Ratio-0.5
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Jan 20

DurationReturns
1 Month 1.3%
3 Month 5.4%
6 Month 5.5%
1 Year 6.1%
3 Year 10.2%
5 Year 7.8%
10 Year
15 Year
Since launch 15.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 2.5%
2017 -9.2%
2016 48.8%
2015 6.2%
2014 2.7%
2013 49.4%
2012 8.5%
2011 46.5%
2010 -30.4%

Growth of 10k Over Years

DateValue
31 Dec 14₹10,000
31 Dec 15₹10,270
31 Dec 16₹10,905
31 Dec 17₹16,227
31 Dec 18₹14,735
31 Dec 19₹15,099
Principal Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.4%
Equity96.6%
Principal Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services37.33%
Consumer Defensive11%
Energy8.05%
Technology7.97%
Basic Materials6.85%
Utility6.23%
Health Care5.68%
Industrials5.63%
Consumer Cyclical5.38%
Communication Services2.38%
Principal Tax Savings Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
8%₹33 Cr255,638
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
7%₹27 Cr526,148
↓ -17,265
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 08 | RELIANCE
6%₹25 Cr160,306
↑ 25,854
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
4%₹16 Cr479,851
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
4%₹16 Cr230,898
↑ 14,944
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
3%₹14 Cr61,980
↑ 19,210
Treps 02-Dec-2019
CBLO/Reverse Repo | -
3%₹14 Cr
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | KOTAKBANK
3%₹14 Cr84,915
↓ -5,000
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
3%₹14 Cr553,436
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCS
3%₹14 Cr66,170
↑ 4,230
1 - 10 of 70
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Fund Managers

NameSinceTenure
Sudhir Kedia29 Oct 190.01 Yr.

Custodians

CompanyAddress
SBI-SG Global Securities Services Private Limited“B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Principal Mutual FundExchange Plaza, 2nd Floor,,National Stock Exchange Building,Bandra Kurla Complex,,Bandra East

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
BSR & Co. LLPBSR & Co. LLP

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Principal Tax Savings Fund
Growth
₹210.54
↑ 1.67
5.55 %6.14 %10.2 %7.82 %
Data as on 23 Jan 20

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.