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Fincash » Mutual Funds » Principal Tax Savings Fund

Principal Tax Savings Fund - G

NAV  ₹337.35 ↑ 1.62  (0.48 %) as on 6 Oct 22

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 16% since its launch.  Ranked 8 in ELSS category.  Return for 2021 was 32.1% , 2020 was 18.9% and 2019 was 2.5% .

Below is the key information for Principal Tax Savings Fund

NAV as on 6 Oct 22₹337.35 ↑ 1.62  (0.48 %)
Net Assets (AUM) as on 31 Aug 2022 ₹969 Cr.
Launch Date31 Mar 1996
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Alpha Ratio2.12
Expense Ratio2.55 %
Sharpe Ratio0.373
Information Ratio0.09
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 6 Oct 22

DurationReturns
1 Month -1%
3 Month 10.5%
6 Month 0.9%
1 Year 4%
3 Year 20.6%
5 Year 10.9%
10 Year
15 Year
Since launch 16%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 32.1%
2020 18.9%
2019 2.5%
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%
2013 8.5%

Growth of 10k Over Years

DateValue
30 Sep 17₹10,000
30 Sep 18₹10,206
30 Sep 19₹10,084
30 Sep 20₹10,145
30 Sep 21₹16,518
30 Sep 22₹16,887
Principal Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.43%
Equity97.57%
Principal Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services39.47%
Consumer Cyclical16.37%
Industrials12.34%
Technology9.59%
Health Care5.37%
Energy4.22%
Consumer Defensive4.03%
Basic Materials3.54%
Communication Services1.76%
Real Estate0.85%
Principal Tax Savings Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
Banks - Regional10%₹93 Cr1,044,215
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
Banks - Regional5%₹50 Cr335,117
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
Information Technology Services4%₹43 Cr288,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
Banks - Regional4%₹42 Cr787,020
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
Oil & Gas Refining & Marketing4%₹41 Cr155,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
Mortgage Finance4%₹38 Cr157,000
Ashok Leyland Ltd (Industrials)
Equity, Since 31 Aug 20 | 500477
Farm & Heavy Construction Machinery4%₹37 Cr2,405,310
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | 542652
Electrical Equipment & Parts3%₹31 Cr126,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
Banks - Regional3%₹31 Cr410,005
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 19 | MARUTI
Auto Manufacturers3%₹30 Cr33,000
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Fund Managers

NameSinceTenure
Sudhir Kedia29 Oct 192.84 Yr.
Rohit Seksaria1 Jan 220.66 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 Limited
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
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
₹337.35
↑ 1.62
0.9 %3.95 %20.62 %10.87 %
Data as on 6 Oct 22

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