Equity
Direct
Elss (Tax Savings)
NAV as on 06-12-2024
₹ 39.82
▲1.1%
1D
Inception Returns
16.6%
/yr
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.
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth has given a CAGR return of 16.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.26%, 16.64% and 20.84% respectively.
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Health, Basic Materials, Consumer Defensive, Energy, Communication, Real Estate, Government. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bajaj Finance Ltd, Infosys Ltd
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 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
Expense ratio | 0.75% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹756 Cr |
Inception Date | 11 December, 2015 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 72.51% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.36% | 4.36% |
6 Month Returns | 14.59% | 14.59% |
1 Year Returns | 23.26% | 23.26% |
3 Years Returns | 58.68% | 16.64% |
5 Years Returns | 157.62% | 20.84% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth | -1.24 | 0.37 | 1.28 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth | 0.85 | 0.86 | 0.93 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth | 1.2 | 0.77 | 0.81 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
PGIM India ELSS Tax Saver Fund Dir Gr Direct Growth | 12.05 | 12.27 | 18.2 |