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Principal Tax Savings Fund Direct

Equity
ELSS
Very High Risk
3Y Lock Inlock
53.02%
1Y return
+0.30% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jul 2021₹310.05
Min. SIP Amount₹500
Rating2star
Fund Size₹548.93 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns53.0%12.4%14.9%16.1%
Category average54.9%14.2%14.3%NA
Rank with in category212414NA
Understand termsinfo

Holdings (62)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity7.7%
Infosys Ltd.TechnologyEquity7.2%
HDFC Bank Ltd.FinancialEquity5.8%
Polycab India Ltd.EngineeringEquity4.0%
Maruti Suzuki India Ltd.AutomobileEquity3.3%
Reliance Industries Ltd - Partly Paid Equity
EnergyPPE3.2%
State Bank of India
FinancialEquity3.0%
Axis Bank Ltd.FinancialEquity3.0%
Tata Consultancy Services Ltd.TechnologyEquity2.8%
Bharti Airtel Ltd.CommunicationEquity2.6%
See All

Pros and cons

Category: Equity ELSS

Pros

  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Higher expense ratio - 1.98%
  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 1.98%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

P V K Mohan
Jan 2013 - Present
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Ravi Gopalakrishnan
Jul 2019 - Present
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Fund house & investment objective

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Fund house contact details

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