PGIM India ELSS Tax Saver Fund Dir Gr
PGIM India ELSS Tax Saver Fund Dir Gr

PGIM India ELSS Tax Saver Fund Dir Gr

Equity
Direct
Elss (Tax Savings)

NAV: ₹ 26.1 as on 04-10-2022

Fund Performance
zero opening, trading, fund transfer fee
472 people have invested ₹ 16L in mutual fund in the last three months

INDmoney Rank

Powered by IND quant engine
7
/24
55% Performance
47% Risk Management
48% Cost
7 out of 24 among elss (tax savings)
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.5%
9.2%
-2.9%
3.7%
20.9%
13.9%
Benchmark
-2.3%
9.8%
-2.4%
-1.1%
18.1%
11.2%
Category
-0.9%
11%
-1.3%
-0.7%
18%
11.2%
About the Fund

PGIM India ELSS Tax Saver Fund Dir Gr is an equity fund. This fund was started on  11 December, 2015. The fund is managed by Puneet Pal, Srinivas Ravuri, Utkarsh Katkoria. The fund could potentially beat inflation in the long-run.

Key parameters

1) PGIM India ELSS Tax Saver Fund Dir Gr has a NAV of 26.05 as on 04-10-2022.

2) PGIM India ELSS Tax Saver Fund Dir Gr has 416 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 1.03 %.

Fund Overview

Expense ratio
Expense ratio
1.03%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹416 Cr
Inception Date
Inception Date
11 December, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
36.98%

Fund Distribution

  • Equity 94.1%
  • Debt & Cash 5.9%
Size breakup
Large cap
68.6%
Mid cap
14.5%
Small cap
11%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

33.2%

Industrial

10.2%

Health

10%

Tech

9.9%

Basic Materials

8.9%

Energy

7.9%

Consumer Cyclical

6.3%

Communication

6.2%

Utilities

3.7%

Consumer Defensive

3.7%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings36
Equity Holdings33
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
icon
ICICI Bank Ltd
7.91%
0%
icon
Clearing Corporation Of India Ltd.
6.43%
0%
icon
Reliance Industries Ltd
6.33%
0%
icon
Infosys Ltd
5.79%
0%
icon
HDFC Bank Ltd
5.51%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 18.1 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 415.7 Cr
Jul'22
₹ 397.6 Cr
Jun'22
₹ 369.1 Cr

Fund Returns vs Benchmark

Aug'22
7.57%
9.49%
Jul'22
7.57%
9.49%
Jun'22
-3.78%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
36
37
41
Top 5 Company Concentration
30%
30.1%
29.5%
Company having highest exposure
ICICI Bank Ltd (7.9%)
ICICI Bank Ltd (7.6%)
ICICI Bank Ltd (7.1%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
68%
68.7%
67.7%
Sector having highest exposure
Financial Services (31.2%)
Financial Services (30.3%)
Financial Services (29.4%)

Fund Manager

Puneet Pal

Puneet Pal

Managing this fund since 1 December 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India Liquid Fund Direct Plan Growth
4.16%
3.15%
PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
0%
--
PGIM India Midcap Opportunities Fund Direct Growth
41.26%
25.32%
Srinivas Ravuri

Srinivas Ravuri

Managing this fund since 14 September 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India ELSS Tax Saver Fund Dir Gr
20.93%
18.04%
PGIM India Large Cap Fund Direct Plan Growth
14.5%
16.26%
Utkarsh Katkoria

Utkarsh Katkoria

Managing this fund since 1 June 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
PGIM India ELSS Tax Saver Fund Dir Gr
20.93%
18.04%
PGIM India Arbitrage Fund Direct Plan Growth
4.39%
3.81%

AMC details

Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,
Email
Phone
+912271584300
Fund House
PGIM India Asset Management Private Limited

Fund Highlights

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 15.08% since inception which is more than its category average return of 13.75%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.1% in Equity, 0% in Debt and 5.9% in Cash related instruments
AUM size ₹416 Cr

AUM size ₹416 Cr

This fund has AUM of ₹416 Cr which is less than its category average of ₹ 2722 Cr
Expense Ratio 1.03%

Expense Ratio 1.03%

This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of PGIM India ELSS Tax Saver Fund Dir Gr is 26.05.
Existing (Absolute + CAGR)
PGIM India ELSS Tax Saver Fund Dir Gr
Absolute Returns
CAGR Returns
1 Month Returns
-0.53%
-0.53%
6 Month Returns
-2.87%
-2.87%
1 Year Returns
3.66%
3.66%
3 Years Returns
76.85%
20.93%
5 Years Returns
92.11%
13.95%
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1.03 as on September 2022
416 Cr as on September 2022
ICICI Bank Ltd(7.91%),Reliance Industries Ltd(6.33%),Infosys Ltd(5.79%),HDFC Bank Ltd(5.51%),Larsen & Toubro Ltd(4.42%) as on September 2022
Financial Services(31.24%),Industrial(9.59%),Health(9.41%) as on September 2022
The alpha ratio for the PGIM India ELSS Tax Saver Fund Dir Gr 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
-
-
-
As on month end.
The alpha for PGIM India ELSS Tax Saver Fund Dir Gr 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 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
-
-
-
As on month end.
The Beta for PGIM India ELSS Tax Saver Fund Dir Gr 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 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
0
0.75
0.53
As on month end.
The sharpe ratio for PGIM India ELSS Tax Saver Fund Dir Gr 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 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
14
21.81
18.78
As on month end.
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.
1.09
0.38
Puneet Pal,Srinivas Ravuri,Utkarsh Katkoria are the fund managers of PGIM India ELSS Tax Saver Fund Dir Gr
The Exit load of PGIM India ELSS Tax Saver Fund Dir Gr is 0%