PGIM India ELSS Tax Saver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (06-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹760 Cr
Expense Ratio
0.77%
ISIN
INF663L01FN5
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
11 Dec 2015
About this fund
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹39.00, Assets Under Management (AUM) of 759.62 Crores, and an expense ratio of 0.77%.
- PGIM India ELSS Tax Saver Fund Direct Growth has given a CAGR return of 16.85% since inception.
- The fund's asset allocation comprises around 96.02% in equities, 0.00% in debts, and 3.98% in cash & cash equivalents.
- You can start investing in PGIM India ELSS Tax Saver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+26.79%
+39.82% (Cat Avg.)
3 Years
+16.92%
+18.95% (Cat Avg.)
5 Years
+22.15%
+23.15% (Cat Avg.)
Since Inception
+16.85%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹729.41 Cr | 96.02% |
| Others | ₹30.21 Cr | 3.98% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹50.22 Cr | 6.61% |
| ICICI Bank Ltd | Equity | ₹44.32 Cr | 5.83% |
| Reliance Industries Ltd | Equity | ₹37.5 Cr | 4.94% |
| Axis Bank Ltd | Equity | ₹31.02 Cr | 4.08% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹28.53 Cr | 3.76% |
| Tata Consultancy Services Ltd | Equity | ₹23.42 Cr | 3.08% |
| Avenue Supermarts Ltd | Equity | ₹23.05 Cr | 3.03% |
| Larsen & Toubro Ltd | Equity | ₹21.52 Cr | 2.83% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹18.8 Cr | 2.47% |
| Bharti Airtel Ltd | Equity | ₹18.76 Cr | 2.47% |
| Varun Beverages Ltd | Equity | ₹18.03 Cr | 2.37% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹16.14 Cr | 2.12% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹15.65 Cr | 2.06% |
| Kotak Mahindra Bank Ltd | Equity | ₹15.19 Cr | 2.00% |
| Zomato Ltd | Equity | ₹15.17 Cr | 2.00% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹15.04 Cr | 1.98% |
| UltraTech Cement Ltd | Equity | ₹14.96 Cr | 1.97% |
| Dixon Technologies (India) Ltd | Equity | ₹14.53 Cr | 1.91% |
| UNO Minda Ltd | Equity | ₹14.15 Cr | 1.86% |
| Coforge Ltd | Equity | ₹13.4 Cr | 1.76% |
| Persistent Systems Ltd | Equity | ₹11.59 Cr | 1.53% |
| Havells India Ltd | Equity | ₹11.58 Cr | 1.52% |
| Indraprastha Gas Ltd | Equity | ₹11.18 Cr | 1.47% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹10.81 Cr | 1.42% |
| InterGlobe Aviation Ltd | Equity | ₹10.06 Cr | 1.32% |
| Central Depository Services (India) Ltd | Equity | ₹9.18 Cr | 1.21% |
| Sona BLW Precision Forgings Ltd | Equity | ₹9.12 Cr | 1.20% |
| Aarti Industries Ltd | Equity | ₹9.09 Cr | 1.20% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹9.01 Cr | 1.19% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹8.93 Cr | 1.18% |
| United Spirits Ltd | Equity | ₹8.91 Cr | 1.17% |
| Titan Co Ltd | Equity | ₹8.77 Cr | 1.15% |
| Phoenix Mills Ltd | Equity | ₹8.24 Cr | 1.09% |
| CG Power & Industrial Solutions Ltd | Equity | ₹8.1 Cr | 1.07% |
| Infosys Ltd | Equity | ₹7.94 Cr | 1.05% |
| Praj Industries Ltd | Equity | ₹7.76 Cr | 1.02% |
| SBI Life Insurance Company Limited | Equity | ₹7.59 Cr | 1.00% |
| Blue Star Ltd | Equity | ₹7.45 Cr | 0.98% |
| Maruti Suzuki India Ltd | Equity | ₹7.32 Cr | 0.96% |
| Multi Commodity Exchange of India Ltd | Equity | ₹7.13 Cr | 0.94% |
| Mankind Pharma Ltd | Equity | ₹7.08 Cr | 0.93% |
| Syngene International Ltd | Equity | ₹6.46 Cr | 0.85% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹6.34 Cr | 0.83% |
| Mphasis Ltd | Equity | ₹6.17 Cr | 0.81% |
| SRF Ltd | Equity | ₹6.16 Cr | 0.81% |
| Triveni Turbine Ltd | Equity | ₹6.13 Cr | 0.81% |
| Bharat Electronics Ltd | Equity | ₹6.12 Cr | 0.81% |
| Nestle India Ltd | Equity | ₹5.9 Cr | 0.78% |
| Devyani International Ltd | Equity | ₹5.73 Cr | 0.75% |
| Navin Fluorine International Ltd | Equity | ₹5.7 Cr | 0.75% |
| Happiest Minds Technologies Ltd Ordinary Shares | Equity | ₹5.57 Cr | 0.73% |
| Motherson Sumi Wiring India Ltd | Equity | ₹5.3 Cr | 0.70% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹5.21 Cr | 0.69% |
| Grindwell Norton Ltd | Equity | ₹4.98 Cr | 0.66% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹4.93 Cr | 0.65% |
| IndiaMART InterMESH Ltd | Equity | ₹4.9 Cr | 0.65% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹4.86 Cr | 0.64% |
| DOMS Industries Ltd | Equity | ₹4.61 Cr | 0.61% |
| Page Industries Ltd | Equity | ₹3.61 Cr | 0.47% |
| Vinati Organics Ltd | Equity | ₹3.59 Cr | 0.47% |
| Honasa Consumer Ltd | Equity | ₹3.58 Cr | 0.47% |
| Landmark Cars Ltd | Equity | ₹3.58 Cr | 0.47% |
| Go Digit General Insurance Ltd | Equity | ₹3.51 Cr | 0.46% |
| Astral Ltd | Equity | ₹3.36 Cr | 0.44% |
| Abbott India Ltd | Equity | ₹3.24 Cr | 0.43% |
| Metro Brands Ltd | Equity | ₹2.16 Cr | 0.28% |
| India (Republic of) | Bond - Short-term Government Bills | ₹0.99 Cr | 0.13% |
| Net Receivables / (Payables) | Cash | ₹0.69 Cr | 0.09% |
Allocation By Market Cap (Equity)
Large Cap Stocks
61.38%
Mid Cap Stocks
20.54%
Small Cap Stocks
13.64%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹212.88 Cr | 28.02% |
| Industrials | ₹116.34 Cr | 15.32% |
| Technology | ₹82.62 Cr | 10.88% |
| Consumer Cyclical | ₹74.9 Cr | 9.86% |
| Consumer Defensive | ₹59.45 Cr | 7.83% |
| Healthcare | ₹56.78 Cr | 7.47% |
| Basic Materials | ₹45.84 Cr | 6.04% |
| Energy | ₹37.5 Cr | 4.94% |
| Communication Services | ₹23.66 Cr | 3.12% |
| Utilities | ₹11.18 Cr | 1.47% |
| Real Estate | ₹8.24 Cr | 1.09% |
Risk & Performance Ratios
Standard Deviation
This fund
11.69%
Cat. avg.
12.72%
Lower the better
Sharpe Ratio
This fund
0.95
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.94
Higher the better
Fund Managers
Bhupesh Kalyani
Since April 2023
Vinay Paharia
Since April 2023
Utsav Mehta
Since April 2024
Vivek Sharma
Since April 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF663L01FN5 | Expense Ratio | 0.77% | Exit Load | No Charges | Fund Size | ₹760 Cr | Age | 11 Dec 2015 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4722.04 Cr | 37.4% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4722.04 Cr | 35.8% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38278.40 Cr | 35.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4016.58 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4016.58 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹56.80 Cr | 39.5% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.80 Cr | 37.3% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹385.94 Cr | 55.9% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹385.94 Cr | 53.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1677.93 Cr | 25.8% |
About the AMC
Total AUM
₹25,627 Cr
Address
Nirlon House, 2nd Floor, Mumbai, 400 030
Other Funds by PGIM India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Bhupesh Kalyani
- Vinay Paharia
- Utsav Mehta
- Vivek Sharma
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