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PGIM India ELSS Tax Saver Fund Direct IDCW

Equity
ELSS
Very High Risk
3Y Lock In
15.22%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Jul 2022₹15.01
Min. SIP amount₹500
Rating4
Fund size₹378.95Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns5.1%15.2%12.5%14.0%
Category average54.9%14.2%14.3%NA
Rank with in category477NA
Understand terms

Holdings (39)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity7.1%
Infosys Ltd.TechnologyEquity6.5%
Bharti Airtel Ltd.CommunicationEquity4.6%
Reliance Industries Ltd.EnergyEquity4.2%
Larsen & Toubro Ltd.ConstructionEquity4.2%
Axis Bank Ltd.FinancialEquity4.1%
HDFC Bank Ltd.FinancialEquity4.1%
State Bank of IndiaFinancialEquity3.8%
GAIL (India) Ltd.EnergyEquity3.2%
ITC Ltd.Consumer StaplesEquity3.0%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

3Y annualised returns higher than category average by 0.99%
Lower AUM: 378Cr. Funds with lower AUM tend to have higher expense ratio
Higher alpha: 2.23 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
1Y and 5Y annualised returns lower than category average
Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 1.03%
1Y category rank: 4

Expense ratio, exit load and tax

Expense ratio: 1.03%

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
Amc Image
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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FAQs

How to Invest in PGIM India ELSS Tax Saver Fund Direct IDCW?

You can easily invest in PGIM India ELSS Tax Saver Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for PGIM India ELSS Tax Saver Fund Direct IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in PGIM India ELSS Tax Saver Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does PGIM India ELSS Tax Saver Fund Direct IDCW provide?

The PGIM India ELSS Tax Saver Fund Direct IDCW has been there from 11 Dec 2015 and the average annual returns provided by this fund is 5.06% since its inception.

How much expense ratio is charged by PGIM India ELSS Tax Saver Fund Direct IDCW?

The term Expense Ratio used for PGIM India ELSS Tax Saver Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of PGIM India ELSS Tax Saver Fund Direct IDCW is 1.03% as of 04 Jul 2022...

What is the AUM of PGIM India ELSS Tax Saver Fund Direct IDCW?

The AUM, short for Assets Under Management of PGIM India ELSS Tax Saver Fund Direct IDCW is ₹378.95Cr as of 04 Jul 2022.

How to Redeem PGIM India ELSS Tax Saver Fund Direct IDCW?

If you want to sell your PGIM India ELSS Tax Saver Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of PGIM India ELSS Tax Saver Fund Direct IDCW?

You can select either SIP or Lumpsum investment of PGIM India ELSS Tax Saver Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of PGIM India ELSS Tax Saver Fund Direct IDCW?

The NAV of PGIM India ELSS Tax Saver Fund Direct IDCW is ₹15.01 as of 01 Jul 2022.

What is the PE and PB ratio of PGIM India ELSS Tax Saver Fund Direct IDCW?

The PE ratio ratio of PGIM India ELSS Tax Saver Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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