PGIM India ELSS Tax Saver Fund Regular Growth

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Equity
ELSS (Tax Savings)
Rating 2
Plan

34.57 +0.02 (0.06%) NAV as on 11 Oct, 2024

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)777.22
CAGR 26.56%
Exit Load0.00%
Expense ratio2.25%
CategoryEquity
Min Investment500
Min SIP500
Launch Date2015-12-11

Asset Allocation

Holdings As On - 12 October 2024

Holdings

Sectors

Name
Value (Cr)
Holding %

HDFC Bank
50.88
6.55%

ICICI Bank
44.84
5.77%

Reliance Industries
37.61
4.84%

Axis Bank
31.27
4.02%

Clearing Corporation Of India Ltd.
29.85
3.84%

Avenue Supermarts
23.02
2.96%

Larsen & Toubro
20.91
2.69%

Bharti Airtel
20.00
2.57%

Cholamandalam Investment & Finance Company
19.32
2.49%

Peer Comparison

Fund Name
Union ELSS Tax Saver Fund Growth33.12%
Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth44.83%
Edelweiss ELSS Tax saver Growth38.85%
PGIM India ELSS Tax Saver Fund Regular Growth26.56%
ITI ELSS Tax Saver Fund Regular Growth52.48%

Risk & Volitility

Alpha 0.32%
Beta 0.97
Sharpe Ratio0.80
Std Deviation 11.66%
Tracking Error 3.55%

About Fund

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.

The PGIM India ELSS Tax Saver Fund Regular Growth has an AUM of 777.22 crores & has delivered CAGR of 19.84% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.25%. The minimum investment in PGIM India ELSS Tax Saver Fund Regular Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Reliance Industries & Axis Bank.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Construction Services & Oil & Gas Operations.

Some of the similar funds are Union ELSS Tax Saver Fund Growth, Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth, Edelweiss ELSS Tax saver Growth, PGIM India ELSS Tax Saver Fund Regular Growth, ITI ELSS Tax Saver Fund Regular Growth. PGIM India ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 0.80 & a standard deviation of 11.66%.