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Principal Tax Savings Fund+0.76%

57.53%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Principal Tax Savings Fund

RiskVery High
Min SIP Amount₹500
Expense Ratio2.54%
NAV₹257.69 (22 Apr 2021)
Fund Started31 Mar 1996
Fund Size503 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
57.5%
5.7%
13.5%
13.4%
Category Average
53.0%
8.1%
12.7%
-
Rank Within Category
17
27
12
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 57.5% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
5. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.54%
3. 3Y Returns are lower than the category average returns

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Polycab India Ltd.EngineeringEquity3.1%
Axis Bank Ltd.FinancialEquity3.0%
Bharti Airtel Ltd.CommunicationEquity3.0%
Kotak Mahindra Bank Ltd.FinancialEquity2.9%
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Fund Managers

P V K Mohan
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Ravi Gopalakrishnan
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Principal Tax Savings Fund Details

Principal Tax Savings Fund is a Equity Mutual Fund Scheme launched by Principal Mutual Fund. This scheme was made available to investors on 31 Mar 1996. P V K Mohan is the Current Fund Manager of Principal Tax Savings Fund fund.The fund currently has an Asset Under Management(AUM) of ₹503 Cr and the Latest NAV as of 22 Apr 2021 is ₹257.69.

The Principal Tax Savings Fund is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

The fund seeks to build a high quality growth oriented portfolio to provide long term capital appreciation through investment primarily in equities.

Tax Implications

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

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
25 Nov 1994
Principal Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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