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

Principal Personal Tax Saver Fund (Growth)

EquityTax Saving

314.64

NAV (Oct 21)

13%
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

343 Cr. Small within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Poor. The historical performance of the fund has been poor

Invest in this fund
Explore a better alternative to this fund with a Scripbox plan.
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
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    Recommended Duration > 5 years
  • graph-icon-gray
    3 Years
  • graph-icon-gray
    Save Tax

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

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Historical NAV

314.64

NAV (Oct 21)

Fund Returns

Last 1Y
62.5%
Last 3Y
20.3%
Last 5Y
13%
Last 10Y
14.2%
Since Inception
19.4%
6 Month CAGR
31.9%
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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
2.54
Launched (25y ago)
Mar 31, 1996
AUM in Crores
342.592
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%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

build-long-item-wealth-img

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

Fund NameScripbox OpinionFund SizeTrack Record

SBI Focused Equity Fund (G)

recommended-badge

₹ 20,371 cr

5

recommended-badge

₹ 5,357 cr

5

recommended-badge

₹ 5,218 cr

5

recommended-badge

₹ 3,953 cr

5

recommended-badge

₹ 3,346 cr

5

amc-icon

About the AMC

Principal Asset Management Private Limited

Principal Asset Management Private Limited manages assets worth 9,397 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
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    25.2%

    16.4%

    top-ranked-badge

    24.7%

    25.3%

    top-ranked-badge

    4.6%

    6.5%

    top-ranked-badge

    20.7%

    13.6%

    top-ranked-badge

    20.6%

    16.6%

    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

    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

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    01

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    02

    Create an Account

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    03

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    04

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers
    We manage to deliver better strategies to people who trust us.

    We thrive on trust. You don’t need to just take our word for it! Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    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 19.4% 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 fund as of 2021-10-21 is ₹314.64. The total AUM (Asset Under Management) of the fund as of 22/10/2021 is ₹342.592. The category risk of the Principal Personal Tax Saver Fund (G) fund is Very High Risk. The fund charges 2.54 % as expense ratio.

    Principal Personal Tax Saver Fund (G) Holdings

    The fund’s highest allocation is towards Equity and has invested 99.6% in this asset class. The top three holdings of the fund are , icici bank ltd , infosys ltd , hdfc bank ltd , polycab india ltd , reliance industries ltd. , ashok leyland ltd , bharti airtel ltd , maruti suzuki india ltd , state bank of india , tata consultancy services ltd , axis bank ltd , kotak mahindra bank ltd , tata steel ltd , united spirits ltd , hindustan unilever ltd , housing development finance corp ltd , zee entertainment enterprises ltd , bank of baroda , the federal bank ltd , coforge ltd , itc ltd , schaeffler india ltd , ntpc ltd , larsen & toubro ltd , crompton greaves consumer electricals ltd , indian bank , abb india ltd , sun pharmaceuticals industries ltd , mindtree ltd , pvr ltd , ipca laboratories ltd , vip industries ltd , icra ltd , britannia industries ltd , beml ltd , icici lombard general insurance co ltd , multi commodity exchange of india ltd , subros ltd , canara bank , tata motors ltd , cipla ltd , sbi life insurance company limited , astral ltd , bharat petroleum corp ltd , ultratech cement ltd , max financial services ltd , pi industries ltd , sona blw precision forgings ltd , divi's laboratories ltd , dr reddy's laboratories ltd , computer age management services ltd ordinary shares , indusind bank ltd , nuvoco vista corp ltd , sbi cards and payment services ltd ordinary shares , uti asset management co ltd , cholamandalam investment and finance co ltd , ceat ltd , wipro ltd , kansai nerolac paints ltd , zomato ltd , minda industries ltd , aurobindo pharma ltd , net receivable / payable , treps 01-oct-2021 , bharti airtel ltd.

    Principal Personal Tax Saver Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹null 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 2 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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