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  • Principal Personal Tax Saver Fund (Growth)
Principal Personal Tax Saver Fund (Growth)

Principal Personal Tax Saver Fund (Growth)

EquityTax Saving

276.94

NAV (Jul 30)

11%
5 Year CAGR
Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Track Record

25 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

316 Cr. Medium within the category

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

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Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • graph-icon-gray
    Historical growth rate of 12% per annum
  • graph-icon-gray
    Recommended Duration > 5 years
  • graph-icon-gray
    3 Years
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    Save Tax

No single fund can achieve what a plan can. Learn why

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Scheme Information

Investment Objective

To provide long term growth of capital. The Investment Manager will aim to achieve a return on assets in excess of the performance of S&P BSE 100 INDEX.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Very High Risk

Expense Ratio
2.55 %
Launched (25y ago)
Mar 31, 1996
AUM in Crores
₹ 316
ISIN
INF173K01353
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
₹ 0
Lumpsum Min.
₹ 500
Fund Managers
user-avatar

Sudhir Kedia

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

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HDFC Index Nifty 50 fund (G)

HDFC Index Nifty 50 fund (G)

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Kotak Bluechip fund (G)

Kotak Bluechip fund (G)

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About the AMC

Principal Asset Management Private Limited

Principal Asset Management Private Limited manages assets worth 8,542 crores and was set up on 20 November 1994. It's current offering of mutual fund schemes includes 30 equity,31 debt and 16 hybrid funds.

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  • tel-amc-about
    022-67720555
  • mail-amc-about
    customer@principalindia.com
  • Principal Emerging Bluechip Fund (G)

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    5 Year CAGR

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    Principal Cash Management Fund (G)

    Principal Cash Management Fund (G)

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    Fund Size

    1.90%

    3 Year CAGR

    3 Y CAGR

    Principal Dividend Yield Fund (G)

    Principal Dividend Yield Fund (G)

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    ₹ 218 Cr

    Fund Size

    16.10%

    5 Year CAGR

    5 Y CAGR

    Principal Cash Management Fund Transfer of Income Dis cum Cap Wdrl plan (D-D)

    Principal Cash Management Fund Transfer of Income Dis cum Cap Wdrl plan (D-D)

    Liquid

    Top Ranked

    ₹ 161 Cr

    Fund Size

    1.30%

    3 Year CAGR

    3 Y CAGR

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Principal Personal Tax Saver Fund (G)

    About Principal Personal Tax Saver Fund (G)

    Principal Personal Tax Saver Fund (G) is a tax saving equity fund and has delivered an annualised return of 19.0% over a period of 25 years ..The fund is managed by Principal Asset Management Private Limited.The fund manager’s name is Sudhir Kedia.

    Principal Personal Tax Saver Fund (G) Investment Objective

    To provide long term growth of capital. The Investment Manager will aim to achieve a return on assets in excess of the performance of S&P BSE 100 INDEX. However, there is no assurance that the objective of the scheme will be realized.

    Principal Personal Tax Saver Fund (G) NAV,AUM,Risk

    The Principal Personal Tax Saver Fund (G) fund was launched on Mar 31, 1996. The NAV (Net Asset Value) of this tax saving equity as of 2021-07-30 is ₹ 276.94. The total AUM (Asset Under Management) of the fund as of 2021-08-02 is ₹ 315.635. The category risk of the Principal Personal Tax Saver Fund (G) fund is Very High Risk. The fund charges 2.55 % as expense ratio.

    Principal Personal Tax Saver Fund (G) Holdings

    The fund’s highest allocation is towards equity and has invested 99.4% in this asset class. The top three holdings of the fund are 91 dtb 22072021,britannia industries limited and icici bank ltd

    Principal Personal Tax Saver Fund (G) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 0 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.

    Principal Personal Tax Saver Fund (G) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR

    Principal Personal Tax Saver Fund (G) Review

    Principal Personal Tax Saver Fund (G) has a score of 3 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Principal Personal Tax Saver Fund (G) has a score of 3 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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