PGIM India ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
32.41%
3Y annualised
-0.15% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Mar 2023₹26.02
Min. SIP amount₹500
Rating4
Fund size₹451.02Cr

Return calculator

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

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.3%32.4%13.4%14.0%
Category average-0.2%26.3%9.8%NA
Rank with in category1145NA
Understand terms

Holdings (35)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity7.9%
Reliance Industries Ltd.EnergyEquity6.9%
ICICI Bank Ltd.FinancialEquity5.7%
Infosys Ltd.TechnologyEquity5.3%
Larsen & Toubro Ltd.ConstructionEquity4.5%
HDFC Life Insurance Co Ltd.InsuranceEquity4.1%
Axis Bank Ltd.FinancialEquity4.1%
Bharti Airtel Ltd.CommunicationEquity4.0%
GAIL (India) Ltd.EnergyEquity3.9%
State Bank of IndiaFinancialEquity3.4%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Higher alpha: 2.71 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Exit load is zero
Lower expense ratio: 1%

Expense ratio, exit load and tax

Expense ratio: 1.00%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

Puneet Pal
Dec 2021 - Present
View details

Education
Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Experience
Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Also manages these schemes

Srinivas Rao Ravuri
Sep 2019 - Present
View details

Education
Mr. Ravuri is a B.Com (H)and MBA (Finance).
Experience
Prior to joining PGIM India Mutual Fund he has worked with HDFC Asset Management Company Ltd. as a Senior Fund Manager - Equities, Senior Analyst at Motilal Oswal Securities Ltd., AVP – Equity Research at Edelweiss Capital Ltd., Investment Analyst at Securities Capital Investments (I) Ltd..
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, C Wing,Laxmi Towers,Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022-61593000 / 1800-266-2667
Launch Date
13 May 2010
Website
NA
PGIM India Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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