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 16.4% 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 25 Jul 24 ₹492.647 ↑ 0.43 (0.09 %) Net Assets (AUM) as on 30 Jun 2024 ₹1,355 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 -1.66 Expense Ratio 2.36 % Sharpe Ratio 2.062 Information Ratio -0.35 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 25 Jul 24 Duration Returns 1 Month 1.8% 3 Month 8.1% 6 Month 18.9% 1 Year 30% 3 Year 18.6% 5 Year 20% 10 Year 15 Year Since launch 16.4% 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 30 Jun 19 ₹10,000 30 Jun 20 ₹8,760 30 Jun 21 ₹13,931 30 Jun 22 ₹14,282 30 Jun 23 ₹17,621 30 Jun 24 ₹23,307 Asset Allocation
Asset Class Value Cash 3.67% Equity 96.33% Sector Allocation
Sector Value Financial Services 31.48% Industrials 12.04% Consumer Cyclical 10.43% Technology 9.35% Consumer Defensive 8.06% Health Care 7.35% Energy 6.77% Communication Services 5.42% Basic Materials 4.91% Real Estate 0.5% 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% ₹102 Cr 606,077 Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCEOil & Gas Refining & Marketing 6% ₹86 Cr 274,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANKBanks - Regional 6% ₹79 Cr 661,000 Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFYInformation Technology Services 4% ₹49 Cr 313,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | AXISBANKBanks - Regional 3% ₹39 Cr 311,000 State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBINBanks - Regional 3% ₹38 Cr 444,000 Force Motors Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 500033Auto Manufacturers 3% ₹35 Cr 39,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 13 | LTEngineering & Construction 3% ₹34 Cr 96,021
↑ 7,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 15 | SUNPHARMADrug Manufacturers - Specialty & Generic 2% ₹30 Cr 200,000 Bharti Airtel Ltd (Partly Paid Rs.1.25) (Communication Services)
Equity, Since 30 Nov 21 | 890157Telecom Services 2% ₹30 Cr 283,000
Talk to our investment specialistFund Managers
Name Since Tenure Sudhir Kedia 29 Oct 19 4.68 Yr. Rohit Seksaria 1 Jan 22 2.5 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 ₹492.647
↑ 0.43 18.88 % 29.98 % 18.56 % 20.01 % Data as on 25 Jul 24