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Principal Tax Saving Fund - Direct Plan

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 242.73 0.42%
    (as on 03rd December, 2020)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately High

Fund has 96.76% investment in indian stocks of which 63.48% is in large cap stocks, 16.8% is in mid cap stocks, 4.28% in small cap stocks.Fund has 0.06% investment in Debt of which 0.06% in Government securities.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 03rd December, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 26-Nov-20 10170.50 1.70% - 2.40% 48/63
1 Month 03-Nov-20 11120.10 11.20% - 12.04% 37/63
3 Month 03-Sep-20 11355.80 13.56% - 13.80% 34/63
6 Month 03-Jun-20 13169.70 31.70% - 33.83% 34/63
YTD 01-Jan-20 11239.10 12.39% - 12.47% 27/63
1 Year 03-Dec-19 11386.20 13.86% 13.82% 13.86% 27/63
2 Year 03-Dec-18 11647.90 16.48% 7.91% 9.94% 38/60
3 Year 01-Dec-17 11088.10 10.88% 3.49% 4.83% 36/50
5 Year 03-Dec-15 17050.40 70.50% 11.25% 11.24% 18/36
Since Inception 02-Jan-13 28113.30 181.13% 13.94% 11.42% 22/57

SIP Returns (NAV as on 03rd December, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 03-Dec-19 12000 14785.78 23.21 % 45.39 %
2 Year 03-Dec-18 24000 28785.93 19.94 % 18.5 %
3 Year 01-Dec-17 36000 42246.7 17.35 % 10.65 %
5 Year 03-Dec-15 60000 78160.1 30.27 % 10.5 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2020)

Portfolio Turnover Ratio : 107.00%  |   Category average turnover ratio is 79.55%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 96.76% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 96.76%
No of Stocks : 63 (Category Avg - 47.14) | Large Cap Investments : 63.48%| Mid Cap Investments : 16.8% | Small Cap Investments : 4.28% | Other : 12.2%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 338.5 8.29% 0.54% 8.29% (Oct 2020) 6.83% (May 2020) 2.86 L 0.00
ICICI Bank Ltd. Banks 312.2 7.65% 1.51% 7.65% (Oct 2020) 4.27% (Jul 2020) 7.95 L 1.06 L
Reliance Industries Ltd. Refineries/marketing 202.1 4.95% -0.57% 8.29% (Jun 2020) 4.95% (Oct 2020) 98.36 k 0.00
Infosys Ltd. Computers - software 188.3 4.61% -0.33% 5.2% (Jul 2020) 3.84% (Feb 2020) 1.78 L -0.17 L
Kotak Mahindra Bank Ltd. Banks 145.7 3.57% 0.53% 3.96% (Apr 2020) 2.88% (Aug 2020) 94.15 k -1.11 k
Tata Consultancy Services Ltd. Computers - software 135.3 3.31% -0.68% 3.99% (Sep 2020) 2.9% (Jun 2020) 50.76 k -0.13 L
Larsen & Toubro Ltd. Engineering, designing, construction 134 3.28% 0.01% 4.4% (Feb 2020) 3.1% (Nov 2019) 1.44 L 0.00
State Bank Of India Banks 118.2 2.89% 1.14% 4.03% (Nov 2019) 1.75% (Sep 2020) 6.24 L 2.48 L
Axis Bank Ltd. Banks 113.4 2.78% 1.26% 2.78% (Oct 2020) 1.36% (Jul 2020) 2.30 L 88.13 k
Hindustan Unilever Ltd. Diversified 99.8 2.44% -0.06% 2.64% (May 2020) 0% (Nov 2019) 48.18 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 1 (Category Avg - 0.08) | Modified Duration 0.00 Years (Category Avg - 1.96)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type
% Weight
Category Average
T-Bills 0.06% 0.00%
NCD & Bonds 0.00% 0.01%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.06% 0.00%
Low Risk 0.00% 0.00%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 1.78%
TREPS TREPS 1.40%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 27th November, 2020)

  • Standard Deviation

    High volatility
    20.14vs17.57
    Category Avg
  • Beta

    High volatility
    0.96vs0.81
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.03vs0.05
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.01vs0.01
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -4.31vs-2.1
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth NA 18.78 10.75 14.79 52.99 36.81 13.08
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 318.52 10.58 14.84 36.69 27.99 9.09
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 75.24 7.98 11.54 34.59 26.26 0.00
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 1216.95 9.95 15.31 32.98 22.78 13.43
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 4462.58 10.78 15.14 38.98 18.74 12.17
UTI Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 3 1379.32 12.11 15.64 33.17 17.55 8.07
Axis Long Term Equity Fund - Direct Plan - Growth 4 22631.51 13.63 17.33 30.36 16.45 12.67
Union Long Term Equity Fund - Direct Plan - Growth 4 274.42 10.26 12.16 31.19 15.81 8.24
JM Tax Gain Fund - (Direct) - Growth 3 39.84 13.84 17.85 36.95 15.42 9.50
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 3 2234.93 13.82 14.94 41.51 15.36 4.47

More Funds from PRINCIPAL Mutual Fund

Out of 22 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 2 is/are ranked 4 * , 3 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , and 13 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Principal Emerging Bluechip Fund - Direct Plan - Growth 4 2119.85 12.61 14.23 33.53 19.30 6.15
Principal Hybrid Equity Fund - Direct Plan - Growth 3 1033.38 8.86 10.91 24.83 12.44 5.84
Principal Multi Cap Growth Fund - Direct Plan - Growth 3 645.97 10.49 12.70 29.88 10.27 3.30
Principal Tax Saving Fund - Direct Plan 2 408.19 11.20 13.56 31.70 13.82 3.49
Principal Focused Multicap Fund - Direct Plan - Growth 4 399.62 12.73 14.20 27.17 15.55 9.90
Principal Midcap Fund - Direct Plan - Growth NA 265.51 12.31 14.57 34.42 0.00 0.00
Principal Personal Tax Saver - Direct Plan 3 241.02 11.26 13.69 32.10 13.39 3.23
Principal Small Cap Fund - Direct Plan - Growth NA 211.14 13.91 15.05 46.77 34.91 0.00
Principal Cash Management Fund - Direct Plan - Growth 1 197.65 0.25 0.77 1.60 3.99 2.81
Principal Large Cap Fund - Direct Plan - Growth NA 186.33 11.30 0.00 0.00 0.00 0.00

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