Principal Tax Savings Fund-1.64%

3Groww
-14.55%
1 Year Return
Equity
ELSS
3.0 star
6M
1Y
3Y
5Y
All

Fund Details

Principal Tax Savings Fund

RiskHigh
Min SIP Amount₹500
Expense Ratio2.56%
NAV204.40 (08 Jul 2019)
Fund Started30 Mar 1996
Fund Size375 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Principal Tax Savings Fund
-14.6%
6.1%
7.9%
15.4%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -14.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 3Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.Financial ServicesEquity4.7%
    ICICI Bank Ltd. Financial ServicesEquity4.3%
    Reliance Industries Ltd.EnergyEquity3.3%
    State Bank of IndiaFinancial ServicesEquity3.1%
    United Spirits Ltd.Consumer GoodsEquity2.8%
    CBLO(CCIL)Current AssetsMoney Market2.5%
    Tata Motors Ltd.AutomobileEquity2.3%
    Asahi India Glass Ltd.AutomobileEquity2.2%
    Larsen & Toubro Ltd.ConstructionEquity2.2%
    Bajaj Electricals Ltd.Consumer GoodsEquity2.1%
    See All

    Fund Managers

    addP V K Mohan
    Education
    Mr. Mohan is a B.E (Electrical) and MBA from IIM Bangalore.
    Experience
    Prior to joining Principal AMC he has worked with UTI AMC.
    Funds Managed

    Other Details

    Principal Tax Savings Fund is a Equity Mutual Fund Scheme launched by PRINCIPAL Mutual Fund. This scheme was introduced to investors on 30 Mar 1996. P V K Mohan is the Current Fund Manager of Principal Tax Savings Fund.The fund currently has an Asset Under Management(AUM) of ₹375 Cr and the Latest NAV as of 08 Jul 2019 is ₹204.40.

    The Principal Tax Savings Fund is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    Aims at providing long term capital appreciation and to enable the investors to realise the tax benefits provided under section 88 of the Income Tax Act, 1961.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About PRINCIPAL Mutual Fund

    Address
    Exchange Plaza, Ground Floor, B Wing, NSE Building, Bandra Kurla Complex, Bandra(East) Mumbai 400051
    Phone
    022-67720555
    Launch Date
    24 Nov 1994
    PRINCIPAL Mutual Fund
    Asset Management Company
    Custodian
    NA
    Registrar & Transfer Agent
    Karvy
    Address
    NA
    Invest Now
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