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Fincash » Mutual Funds » Principal Tax Savings Fund

Principal Tax Savings Fund - G

NAV  ₹332.465 ↑ 0.36  (0.11 %) as on 30 Jan 23

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 15.7% since its launch.  Ranked 8 in ELSS category.  Return for 2022 was 4.3% , 2021 was 32.1% and 2020 was 18.9% .

Below is the key information for Principal Tax Savings Fund

NAV as on 30 Jan 23₹332.465 ↑ 0.36  (0.11 %)
Net Assets (AUM) as on 31 Dec 2022 ₹965 Cr.
Launch Date31 Mar 1996
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Alpha Ratio-0.07
Expense Ratio2.44 %
Sharpe Ratio0.024
Information Ratio0.16
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 30 Jan 23

DurationReturns
1 Month -2.3%
3 Month -2.8%
6 Month 2.2%
1 Year 1.7%
3 Year 16.8%
5 Year 8%
10 Year
15 Year
Since launch 15.7%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4.3%
2021 32.1%
2020 18.9%
2019 2.5%
2018 -9.2%
2017 48.8%
2016 6.2%
2015 2.7%
2014 49.4%

Growth of 10k Over Years

DateValue
31 Dec 17₹10,000
31 Dec 18₹9,081
31 Dec 19₹9,305
31 Dec 20₹11,063
31 Dec 21₹14,611
31 Dec 22₹15,244
Principal Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.45%
Equity97.55%
Principal Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services39.32%
Consumer Cyclical14.97%
Industrials12.59%
Technology9.87%
Energy4.79%
Health Care4.53%
Consumer Defensive4.53%
Basic Materials3.49%
Communication Services2.06%
Real Estate1.07%
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 - Regional9%₹89 Cr935,000
↓ -33,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
Banks - Regional5%₹54 Cr335,117
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
Oil & Gas Refining & Marketing5%₹48 Cr175,000
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
Information Technology Services5%₹47 Cr288,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
Banks - Regional5%₹46 Cr770,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
Mortgage Finance4%₹42 Cr157,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
Banks - Regional4%₹37 Cr410,005
Ashok Leyland Ltd (Industrials)
Equity, Since 31 Aug 20 | 500477
Farm & Heavy Construction Machinery4%₹36 Cr2,405,310
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | POLYCAB
Electrical Equipment & Parts3%₹30 Cr116,000
↓ -9,297
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 19 | MARUTI
Auto Manufacturers3%₹29 Cr32,000
↓ -1,000
1 - 10 of 64
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Fund Managers

NameSinceTenure
Sudhir Kedia29 Oct 193.18 Yr.
Rohit Seksaria1 Jan 221 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 Ltd
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
₹332.465
↑ 0.36
2.24 %1.75 %16.75 %8.02 %
Data as on 30 Jan 23

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