PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth

PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth

Equity

Direct

Elss (Tax Savings)

NAV as on 25-02-2025

₹ 35.5

-0.8%

1D

Inception Returns

14.8%

/yr

About PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth

PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth is an equity fund. This fund was started on 11 December, 2015. The fund is managed by Bhupesh Kalyani, Vinay Paharia. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth has ₹749 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth has given a CAGR return of 14.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.66%, 14.00% and 18.31% respectively.

Holdings

PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Health, Consumer Cyclical, Basic Materials, Consumer Defensive, Energy, Communication, Government, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, Infosys Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth

The primary objective of the Scheme is to generate long-term capital appreciation by predominantly investing in equity & equity related instruments and to enable eligible investors to avail deduction from total income, as permitted under the Income Tax Act, 1961 as amended from time to time.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth of 3 Years

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
1050 people have invested ₹ 25.5L in PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth in the last three months

INDmoney Rank for PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth

Powered by IND quant engine
13
/23
40% Performance
51% Risk Management
45% Cost
13 out of 23 among elss (tax savings)
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Beats FD returns for both 3Y & 5Y
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Underperforms benchmarks during bull run
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3Y returns in the bottom 25% of the category

PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth Overview

Expense ratio0.74%
Benchmark
S&P BSE 200 India TR INR
AUM₹749 Cr
Inception Date11 December, 2015
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
72.51%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (25-Feb-25)

Period
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth
Nifty 500
elss (tax savings)
1M
-4.3%
-4.2%
-4.4%
3M
-6.1%
-9.5%
-8.9%
6M
-8.1%
-12.8%
-12.1%
1Y
6.7%
0.5%
2.6%
3Y
14%
12.9%
15.9%
5Y
18.3%
16%
16.8%

Fund Distribution

as on (31-Jan-25)

  • Equity 96.6%

  • Debt & Cash 3.4%

Large cap
61.1%

Mid cap
22.4%

Small cap
13%

Sector Allocation

Jan'25

Dec'24

Nov'24

Financial Services
27.7%
Industrial
13.7%
Tech
12.8%
Health
11.5%
Consumer Cyclical
9.9%
Basic Materials
7.6%
Consumer Defensive
6.3%
Energy
6.2%
Communication
3.8%
Real Estate
0.5%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
0.98%
1.47%
Nifty 500
-2.02%
-0.60%
Parameters
Jan'25
Dec'24
Nov'24
AUM
₹ 749.5 Cr
₹ 778.2 Cr
₹ 769.5 Cr
  • AUM of the fund stands at 749.5 Cr as of Jan'25
  • AUM decreased by 28.7 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 1.22% to 2.49%
Persistent Systems Ltd's allocation increased from 1.22% to 2.49%
Reliance Industries Ltd's allocation increased from 4.82% to 5.97%
Reliance Industries Ltd's allocation increased from 4.82% to 5.97%
ICICI Bank Ltd's allocation increased from 7% to 7.85%
ICICI Bank Ltd's allocation increased from 7% to 7.85%
Top Stocks sold last month
Dixon Technologies (India) Ltd's allocation decreased from 2.77 % to 2.4 %
Dixon Technologies (India) Ltd's allocation decreased from 2.77 % to 2.4 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 2.12 % to 2.04 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 2.12 % to 2.04 %
Zomato Ltd's allocation decreased from 2.36 % to 1.94 %
Zomato Ltd's allocation decreased from 2.36 % to 1.94 %
Large Cap allocation has gone up from 57.7% to 61.8%
Large Cap allocation has gone up from 57.7% to 61.8%
Small Cap allocation has gone down from 11.6% to 9.6%
Small Cap allocation has gone down from 11.6% to 9.6%
Mid Cap allocation has gone down from 20.9% to 20.7%
Mid Cap allocation has gone down from 20.9% to 20.7%
Cash allocation has gone down from 4.4% to 3.3%
Cash allocation has gone down from 4.4% to 3.3%
Debt allocation has gone up from 0% to 0.1%
Debt allocation has gone up from 0% to 0.1%

Top 3 Sectors in January were Financial Services, Tech & Industrial

Jan'25
Financial Services
28%
Industrial
14%
Tech
13%
Dec'24
Financial Services
27%
Tech
14%
Industrial
14%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
65
64
65
Top 5 Company Concentration
28.2%
25.2%
25.3%
Company having highest exposure
HDFC Bank Ltd (8.1%)
HDFC Bank Ltd (7.6%)
HDFC Bank Ltd (7.3%)
No of Sectors
11
10
10
Top 5 Sectors Concentration
75.6%
76.1%
77.7%
Sector having highest exposure
Financial Services (27.7%)
Financial Services (26.5%)
Financial Services (29.6%)
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Bhupesh Kalyani
Bhupesh Kalyani
Fund Manager of PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth, since 1 April 2023
Vinay Paharia
Vinay Paharia
Fund Manager of PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth, since 1 April 2023
Fund House
PGIM India Asset Management Private Limited
Total Schemes
Total AUM
₹25.83K Cr
as on 31-Jan-2025
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Phone
+912271584300
Website
mailmanager@karvy.com

Mutual Fund Insights

Insights icon
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 29.39% return, outperforming this fund by 11.08% per annum.
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In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 10.45% return, outperforming this fund by 3.79%.
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Over the last 15 months, this fund has decreased expense ratio by 11.9% moving from 0.84 to 0.74.
Insights icon
Over the last 1 month, this fund has experienced a 3.7% drop in AUM moving from 778.19 Cr to 749.45 Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.74% which is lower than the category average expense ratio of 1.29%.
Insights icon
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 25.89% return, outperforming this fund by 11.9% per annum.

PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.77% since inception which is more than its category average return of 14.23%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.59% in Equity, 0.13% in Debt and 3.28% in Cash related instruments
AUM size ₹749 Cr

AUM size ₹749 Cr

This fund has AUM of ₹749 Cr which is less than its category average of ₹ 4780 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions for PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth

The current NAV of PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth is ₹35.5 as on 25-Feb-2025.
Existing (Absolute + CAGR) as on 25-Feb-2025.
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.28%
-4.28%
6 Month Returns
-8.07%
-8.07%
1 Year Returns
6.66%
6.66%
3 Years Returns
48.15%
14%
5 Years Returns
131.83%
18.31%
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0.74% as on January 2025
₹749 Cr as on January 2025
HDFC Bank Ltd(8.06%), ICICI Bank Ltd(7.85%), Reliance Industries Ltd(5.97%), Bharti Airtel Ltd(3.22%), Infosys Ltd(3.07%) as on January 2025
Financial Services(26.74%), Industrial(13.28%), Tech(12.35%) as on January 2025
The alpha ratio for the PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth
3.75
-0.52
1.56
As on January 2025
The alpha for PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth
0.94
0.86
0.93
As on January 2025
The Beta for PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth
0.57
0.51
0.76
As on January 2025
The sharpe ratio for PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth
12.37
12.55
18.36
As on January 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.84 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Bhupesh Kalyani, Vinay Paharia are the fund managers of PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth
The Exit load of PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth is 0%