PGIM India ELSS Tax Saver Fund Regular Growth

• Alpha 0.32%
• Beta 0.97
• Sharpe Ratio0.36
• Std Deviation 13.04%
• Tracking Error 3.55%

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 698.40 crores & has delivered CAGR of 22.97% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.38%. 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 Medium & Exceptional respectively.

The top holdings of the fund include Hdfc Bank, Icici Bank, Reliance Industries & Clearing Corporation Of India Ltd..

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

Some of the similar funds are ITI ELSS Tax Saver Fund Regular Growth, Baroda BNP Paribas ELSS Tax Saver Fund Regular Plan Growth, Union ELSS Tax Saver Fund Growth, Edelweiss ELSS Tax saver Growth, PGIM India ELSS Tax Saver Fund Regular Growth. PGIM India ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 0.36 & a standard deviation of 13.04%.