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Principal Tax Saving Fund

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 204.11 -0.19%
    (as on 09th December, 2019)
Crisil Rank
Below average performance among peers
Risk-O-Meter
Moderately High
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 97.14% investment in indian stocks of which 61.63% is in large cap stocks, 16.67% is in mid cap stocks, 9.73% in small cap stocks.Fund has 0.07% investment in Debt of which 0.07% 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.

Crisil Rank Change : Fund Crisil rank was updated from 3 to 2 in the previous quarter.

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Returns (NAV as on 09th December, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 02-Dec-19 9877.60 -1.22% - -1.29% 34/67
1 Month 08-Nov-19 9972.60 -0.27% - -0.73% 35/67
3 Month 09-Sep-19 10665.20 6.65% - 8.51% 49/66
6 Month 07-Jun-19 9679.00 -3.21% - -0.65% 49/65
YTD 01-Jan-19 10034.40 0.34% - 0.06% 48/65
1 Year 07-Dec-18 10366.70 3.67% 3.65% 8.00% 49/64
2 Year 08-Dec-17 9405.10 -5.95% -3.02% 0.25% 43/54
3 Year 09-Dec-16 13343.10 33.43% 10.09% 10.40% 23/47
5 Year 09-Dec-14 14949.80 49.50% 8.37% 7.83% 17/34
10 Year 09-Dec-09 28594.90 185.95% 11.07% 10.74% 12/28
Since Inception 31-Mar-96 307899.40 2978.99% 15.55% 9.56% 16/62

SIP Returns (NAV as on 09th December, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 07-Dec-18 12000 12214.37 1.79 % 3.32 %
2 Year 08-Dec-17 24000 23856.91 -0.6 % -0.57 %
3 Year 09-Dec-16 36000 37374.68 3.82 % 2.45 %
5 Year 09-Dec-14 60000 72191.6 20.32 % 7.33 %
10 Year 09-Dec-09 120000 227440.51 89.53 % 12.28 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2019)

Portfolio Turnover Ratio : 39.00%  |   Category average turnover ratio is 82.12%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 97.14% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.14%
No of Stocks : 61 (Category Avg - 44.43) | Large Cap Investments : 61.63%| Mid Cap Investments : 16.67% | Small Cap Investments : 9.73% | Other : 9.11%

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 314.5 7.84% 2.08% 7.84% (Oct 2019) 5.05% (Dec 2018) 2.56 L 72.97 k
ICICI Bank Ltd. Banks 251.6 6.27% 0.60% 6.27% (Oct 2019) 4.77% (Nov 2018) 5.43 L 34.27 k
Reliance Industries Ltd. Refineries/marketing 196.9 4.91% 0.31% 4.91% (Oct 2019) 3.93% (Dec 2018) 1.34 L 0.00
State Bank Of India Banks 149.9 3.74% 0.40% 4.26% (Jun 2019) 2.68% (Feb 2019) 4.80 L 0.00
Infosys Ltd. Computers - software 148.1 3.69% 0.86% 3.69% (Oct 2019) 2.43% (May 2019) 2.16 L 79.36 k
ITC Limited Cigarettes 142.6 3.56% 0.52% 3.56% (Oct 2019) 2.99% (Aug 2019) 5.53 L 98.04 k
Kotak Mahindra Bank Ltd. Banks 141.6 3.53% -0.27% 3.8% (Sep 2019) 1.54% (Nov 2018) 89.92 k 0.00
Tata Consultancy Services Ltd. Computers - software 140.6 3.51% 0.17% 3.98% (Aug 2019) 3.24% (Mar 2019) 61.94 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 139.7 3.48% 0.56% 3.48% (Oct 2019) 2.56% (Apr 2019) 94.86 k 17.60 k
Marico Ltd. Personal care 101 2.52% -0.28% 2.88% (Aug 2019) 2.13% (Mar 2019) 2.76 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 1 (Category Avg - 0.15) | Modified Duration 0.00 Years (Category Avg - 1.85)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type
% Weight
Category Average
T-Bills 0.07% 0.01%
CP 0.00% 0.12%
NCD & Bonds 0.00% 0.00%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.07% 0.01%
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 (%)
TREPS TREPS 2.97%
Net Receivables Net Receivables -0.18%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th November, 2019)

  • Standard Deviation

    High volatility
    13.57vs9.69
    Category Avg
  • Beta

    High volatility
    1.05vs0.7
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.44vs0.26
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.06vs0.03
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -1.7vs-1.49
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
DSP Tax Saver Fund - Regular Plan - Growth 4 6185.82 -0.71 8.33 3.57 15.48 11.35
BOI AXA Tax Advantage Fund - Regular Plan - Growth 3 257.43 0.06 10.49 5.34 15.07 12.64
Tata India Tax Savings Fund - Regular Plan - Growth 3 2008.76 0.56 9.07 1.69 14.71 13.54
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 2670.71 0.04 9.38 3.62 14.60 16.64
BNP Paribas Long Term Equity Fund - Growth 4 477.60 0.25 8.61 3.35 14.60 11.89
JM Tax Gain Fund - Growth 5 34.63 -1.54 7.92 2.92 14.41 13.92
Axis Long Term Equity Fund - Growth 5 21492.33 -1.87 8.23 4.16 14.26 15.55
Motilal Oswal Long Term Equity Fund - Growth 3 1584.31 0.73 11.98 6.74 13.77 12.85
LIC MF Tax Plan 1997 - Growth 4 255.97 0.30 9.13 5.76 13.33 13.33
Kotak Tax Saver Scheme - Growth 4 986.69 1.18 9.82 1.42 12.81 11.79

More Funds from PRINCIPAL Mutual Fund

Out of 22 mutual fund schemes offered by this AMC, 5 is/are ranked 3 * , 7 is/are ranked 2 * , 3 is/are ranked 1 * , and 7 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Principal Emerging Bluechip Fund - Growth 3 2260.48 0.33 10.83 1.43 7.57 10.95
Principal Hybrid Equity Fund - Growth 2 1577.74 -0.12 5.78 -0.35 3.43 10.44
Principal Multi Cap Growth Fund - Growth 1 852.99 1.02 9.17 -0.93 5.82 11.57
Principal Tax Saving Fund 2 401.09 -0.05 7.38 -2.72 4.28 10.69
Principal Focused Multicap Fund - Growth 3 350.70 1.31 12.48 4.75 12.61 12.19
Principal Personal Tax Saver 3 254.85 -0.08 7.35 -2.98 3.79 6.56
Principal Balanced Advantage Fund - Growth NA 207.96 -0.19 2.03 1.23 1.78 5.45
Principal Dividend Yield Fund - Growth 3 200.22 -1.38 8.27 -0.30 5.10 12.43
Principal Cash Management Fund - Growth 1 197.15 0.41 1.36 2.81 6.30 3.66
Principal Low Duration Fund - Growth 2 159.54 0.39 1.46 4.60 -10.61 0.56

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