Principal Tax Savings Fund

Fund House: PRINCIPAL Mutual Fund
Category: Equity: ELSS
Launch Date: 31-03-1996
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 2.54% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 503.43 Cr As on (31-03-2021)
Turn over: 84% | Exit Load: Nil

265.79

15.77%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 500 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
3 Years 8 Months
8 Years 11 Months
9 Years 6 Months
11 Years 6 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

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

Current Asset Allocation (%)

Indicators

Volatility 15.95
Sharp Ratio 0.58
Alpha 3.51
Beta 1.15
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Principal Tax Savings Fund 31-03-1996 61.98 13.64 7.02 14.65 13.85
quant Tax Plan - Growth Option - Regular Plan 01-04-2000 123.75 39.34 25.41 22.92 14.75
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 87.85 18.75 9.76 16.14 15.03
Mirae Asset Tax Saver Fund-Regular Plan-Growth 05-12-2015 74.63 21.96 16.33 21.23 -
Franklin India Taxshield-Growth 05-04-1999 69.84 12.13 8.65 11.36 13.16
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 69.26 - - - -
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 68.99 18.09 12.02 16.46 13.36
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 68.86 29.52 12.69 18.5 14.31
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 67.1 18.89 13.49 16.28 15.0
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 66.01 7.0 2.35 8.08 11.64

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

5.84%

Others

3.37%

Large Cap

75.63%

Mid Cap

15.16%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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