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% since its launch. Ranked 8 in ELSS
category. Return for 2022 was 4.3% , 2021 was 32.1% and 2020 was 18.9% . NAV as on 1 Dec 23 ₹401.602 ↑ 1.83 (0.46 %) Net Assets (AUM) as on 31 Oct 2023 ₹1,062 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 -0.99 Expense Ratio 2.36 % Sharpe Ratio 0.196 Information Ratio 0.1 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 1 Dec 23 Duration Returns 1 Month 7.2% 3 Month 4.6% 6 Month 14.8% 1 Year 13.7% 3 Year 20.1% 5 Year 14.8% 10 Year 15 Year Since launch 16% Historical Annual Returns
Year Returns 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
Date Value 30 Nov 18 ₹10,000 30 Nov 19 ₹10,289 30 Nov 20 ₹11,393 30 Nov 21 ₹15,936 30 Nov 22 ₹17,456 30 Nov 23 ₹19,863 Asset Allocation
Asset Class Value Cash 4.75% Equity 95.25% Sector Allocation
Sector Value Financial Services 34.74% Consumer Cyclical 11.66% Technology 10.3% Industrials 9.71% Consumer Defensive 8.77% Health Care 6.64% Energy 5.91% Basic Materials 4.26% Communication Services 2.77% Real Estate 0.49% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANKBanks - Regional 8% ₹89 Cr 606,077 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCEOil & Gas Refining & Marketing 6% ₹63 Cr 274,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANKBanks - Regional 6% ₹61 Cr 661,000 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFYInformation Technology Services 4% ₹46 Cr 333,000 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBINBanks - Regional 3% ₹34 Cr 596,000
↓ -134,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215Banks - Regional 3% ₹31 Cr 311,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 15 | SUNPHARMADrug Manufacturers - Specialty & Generic 2% ₹25 Cr 233,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jul 23 | 500034Credit Services 2% ₹24 Cr 32,000
↑ 14,000 Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | POLYCABElectrical Equipment & Parts 2% ₹23 Cr 46,000
↓ -4,000 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 14 | TCSInformation Technology Services 2% ₹21 Cr 62,000
Talk to our investment specialistFund Managers
Name Since Tenure Sudhir Kedia 29 Oct 19 4.01 Yr. Rohit Seksaria 1 Jan 22 1.83 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 ₹401.602
↑ 1.83 14.78 % 13.75 % 20.09 % 14.82 % Data as on 1 Dec 23