Table of Contents 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 Below is the key information for Principal Tax Savings Fund Returns up to 1 year are on Historical performance (Yearly) on absolute basis Principal Tax Savings Fund - G
Scheme Objective
CAGR
return of 16.2% since its launch. Ranked 8 in ELSS
category. Return for 2023 was 24.5% , 2022 was 4.3% and 2021 was 32.1% . NAV as on 16 Apr 24 ₹443.396 ↓ -1.39 (-0.31 %) Net Assets (AUM) as on 29 Feb 2024 ₹1,222 Cr. Launch Date 31 Mar 1996 Category Equity - ELSS Rating ☆☆☆☆ Type Open Ended Fund Risk Moderately High AMC Principal Pnb Asset Mgmt. Co. Priv. Ltd. Alpha Ratio -2.44 Expense Ratio 2.36 % Sharpe Ratio 2.169 Information Ratio -0.28 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 16 Apr 24 Duration Returns 1 Month 2.6% 3 Month 3.9% 6 Month 14.1% 1 Year 33.6% 3 Year 19.5% 5 Year 15.9% 10 Year 15 Year Since launch 16.2% Historical Annual Returns
Year Returns 2023 24.5% 2022 4.3% 2021 32.1% 2020 18.9% 2019 2.5% 2018 -9.2% 2017 48.8% 2016 6.2% 2015 2.7% Growth of 10k Over Years
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,274 31 Mar 21 ₹12,485 31 Mar 22 ₹15,564 31 Mar 23 ₹15,503 31 Mar 24 ₹21,126 Asset Allocation
Asset Class Value Cash 4.18% Equity 95.82% Other 0% Sector Allocation
Sector Value Financial Services 32.53% Technology 11.35% Consumer Cyclical 11.13% Industrials 9.07% Health Care 8.39% Consumer Defensive 8.27% Energy 6.55% Basic Materials 5.47% Communication Services 2.62% Real Estate 0.42% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANKBanks - Regional 7% ₹85 Cr 606,077 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCEOil & Gas Refining & Marketing 7% ₹80 Cr 274,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANKBanks - Regional 6% ₹70 Cr 661,000 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFYInformation Technology Services 4% ₹52 Cr 313,000 Force Motors Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 500033Auto Manufacturers 3% ₹38 Cr 56,000
↓ -3,013 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 15 | SUNPHARMADrug Manufacturers - Specialty & Generic 3% ₹37 Cr 233,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215Banks - Regional 3% ₹33 Cr 311,000 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBINBanks - Regional 3% ₹33 Cr 444,000 Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 21 | TATAMOTORSAuto Manufacturers 2% ₹27 Cr 288,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCSInformation Technology Services 2% ₹25 Cr 61,324
Talk to our investment specialistFund Managers
Name Since Tenure Sudhir Kedia 29 Oct 19 4.42 Yr. Rohit Seksaria 1 Jan 22 2.25 Yr. Custodians
Company Address 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 Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address Principal Mutual Fund Exchange Plaza, 2nd Floor,,National Stock Exchange Building,Bandra Kurla Complex,,Bandra East Auditors
Company Address S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai BSR & Co. LLP BSR & Co. LLP All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Principal Tax Savings Fund
Growth ₹443.396
↓ -1.39 14.13 % 33.63 % 19.51 % 15.85 % Data as on 16 Apr 24