fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Principal Tax Savings Fund

Principal Tax Savings Fund - G

NAV  ₹347.457 ↑ 2.71  (0.79 %) as on 26 May 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 26 May 23₹347.457 ↑ 2.71  (0.79 %)
Net Assets (AUM) as on 30 Apr 2023 ₹967 Cr.
Launch Date31 Mar 1996
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCPrincipal Pnb Asset Mgmt. Co. Priv. Ltd.
Alpha Ratio0.31
Expense Ratio2.44 %
Sharpe Ratio-0.017
Information Ratio-0.1
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 26 May 23

DurationReturns
1 Month 4.5%
3 Month 5.7%
6 Month -0.3%
1 Year 15.4%
3 Year 29.2%
5 Year 10.6%
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
30 Apr 18₹10,000
30 Apr 19₹9,405
30 Apr 20₹7,817
30 Apr 21₹11,857
30 Apr 22₹14,493
30 Apr 23₹15,187
Principal Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash7.24%
Equity92.76%
Principal Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services35.72%
Consumer Cyclical12.73%
Industrials11.18%
Technology10.08%
Consumer Defensive6.56%
Energy6.46%
Basic Materials4.4%
Health Care3.77%
Communication Services1.2%
Real Estate0.62%
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 - Regional7%₹71 Cr770,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Dec 21 | RELIANCE
Oil & Gas Refining & Marketing6%₹62 Cr258,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jul 09 | HDFCBANK
Banks - Regional6%₹57 Cr335,117
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 08 | HDFC
Mortgage Finance5%₹44 Cr157,000
Infosys Ltd (Technology)
Equity, Since 31 Jan 09 | INFY
Information Technology Services4%₹42 Cr333,000
↑ 15,000
State Bank of India (Financial Services)
Equity, Since 30 Apr 05 | SBIN
Banks - Regional4%₹39 Cr683,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 17 | 532215
Banks - Regional3%₹29 Cr334,000
Tata Consultancy Services Ltd Shs Dematerialised (Technology)
Equity, Since 30 Apr 14 | TCS
Information Technology Services3%₹25 Cr78,000
Ashok Leyland Ltd Shs Dematerialised (Industrials)
Equity, Since 31 Aug 20 | 500477
Farm & Heavy Construction Machinery2%₹24 Cr1,630,000
Polycab India Ltd (Industrials)
Equity, Since 30 Nov 20 | 542652
Electrical Equipment & Parts2%₹21 Cr67,000
↓ -6,000
1 - 10 of 68
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Sudhir Kedia29 Oct 193.51 Yr.
Rohit Seksaria1 Jan 221.33 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
₹347.457
↑ 2.71
-0.34 %15.45 %29.15 %10.55 %
Data as on 26 May 23

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