Overview
PGIM India ELSS Tax Saver Fund Direct Growth
PGIM India Mutual Fund
The scheme seeks 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.
Investments in PGIM India ELSS Tax Saver Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 38.28
Fund Size (AUM)
₹740.71 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
11-Dec-2015
Expense Ratio
0.75%
Exit Load
Nil
Benchmark
NIFTY 500 Total Return Index
Standard Deviation
13.06
History
Performance & Ratios
1-Year SIP Return
-10.75%
3-Year SIP Return
9.88%
5-Year SIP Return
15.46%
Mean Return
10.36%
Alpha
-0.2
Beta
0.84
Sharpe Ratio
0.49
Sortino Ratio
0.82
Information Ratio
-0.32
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 13.11% | 13.43% | 25.56% | 14.42% |
| Category Average | 8.98% | 15.47% | 24.59% | N/A |
| Rank Within Category | 8 | 29 | 16 | N/A |
Holdings (62)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 8.77% |
| ICICI Bank Ltd. | Financial | Equity | 8.55% |
| Reliance Industries Ltd. | Energy | Equity | 6.09% |
| Bharti Airtel Ltd. | Communication | Equity | 3.48% |
| Infosys Ltd. | Technology | Equity | 2.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 2.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 2.46% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 2.39% |
| Persistent Systems Ltd. | Technology | Equity | 2.31% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 2.28% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| SBI Long Term Equity Fund Direct Plan Growth | 27730.33 | 10.73 | 23.93 | 0.95 | N/A |
| Motilal Oswal ELSS Tax Saver Fund Direct Growth | 3816.77 | 12.31 | 23.88 | 0.7 | N/A |
| HDFC ELSS Tax Saver Fund Direct Plan Growth | 15555.71 | 17.21 | 22.66 | 1.11 | N/A |
| Parag Parikh ELSS Tax Saver Fund Direct Growth | 4905.72 | 16.5 | 18.89 | 0.63 | N/A |
| Quantum ELSS Tax Saver Fund Direct Growth | 209.18 | 13.07 | 18.26 | 0.89 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 500
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 5
AMC Details
Asset Management Company
PGIM India Mutual Fund
DHFL Pramerica Mutual Fund started their mutual fund on 13/05/2010 and its managing total assets of ₹25,191 Cr. Its ranked at 15 as per total assets at end of 30th Sep 2017. PGIM India Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
DHFL was established in the year 1984 and it aimed to provide financial access to the middle and lower income strata of the society. Today, it is one of the most trusted and leading financial brands in India.
When it comes to the mutual fund space, this AMC provides funds across various categories and its main vision is financial inclusion, which means that their motto is to bring financial awareness to people in remote cities and towns. DHFL is therefore present in 351 locations across the country.
DHFL Pramerica Trustees Private Limited acts as the trustee company of DHFL Pramerica Mutual Fund and makes sure that all transactions are in accordance with the rules and regulations set-up by SEBI.
Launch Date
2010-05-13T00:00:00.740Z
Total AUM
₹ 23865.19 Cr
Address
7th Floor, Radhe Empire,Chandavarkar RoadBorivali (W), Mumbai Mumbai 400092
Phone
+91 22 6159 5441 / 42
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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PGIM India ELSS Tax Saver Fund Direct Growth
PGIM India Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for PGIM India ELSS Tax Saver Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of PGIM India ELSS Tax Saver Fund Direct Growth?
The top stocks held by PGIM India ELSS Tax Saver Fund Direct Growth include HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd..
Which industries does PGIM India ELSS Tax Saver Fund Direct Growth invest in?
PGIM India ELSS Tax Saver Fund Direct Growth primarily invests in the following industries: Financial, Energy, Communication.
Who are the fund managers of PGIM India ELSS Tax Saver Fund Direct Growth?
The fund managers of PGIM India ELSS Tax Saver Fund Direct Growth are Bhupesh Kalyani and Vinay Paharia and Vivek Sharma and Utsav Mehta.
How many years has the fund manager been managing PGIM India ELSS Tax Saver Fund Direct Growth?
Bhupesh Kalyani:
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Vinay Paharia:
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Vivek Sharma:
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Utsav Mehta:
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What is the minimum investment for PGIM India ELSS Tax Saver Fund Direct Growth?
The minimum investment for PGIM India ELSS Tax Saver Fund Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for PGIM India ELSS Tax Saver Fund Direct Growth?
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What are the average 3-year returns for PGIM India ELSS Tax Saver Fund Direct Growth?
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What is the expense ratio of PGIM India ELSS Tax Saver Fund Direct Growth, and how does it compare to its category?
The expense ratio of PGIM India ELSS Tax Saver Fund Direct Growth is 0.75%. The average expense ratio for similar funds in the Equity is Calculating....