PGIM India ELSS Tax Saver Fund Regular Growth

PGIM India ELSS Tax Saver Fund Regular Growth is an equity fund. This fund was started on 11 December, 2015. The fund is managed by Vinay Paharia, Bhupesh Kalyani. The fund could potentially beat inflation in the long-run.

1. PGIM India ELSS Tax Saver Fund Regular Growth has ₹772 Cr worth of assets under management (AUM) as on May 2025 and is less than category average.
2. The fund has an expense ratio 2.3.
   

PGIM India ELSS Tax Saver Fund Regular Growth has given a CAGR return of 13.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.53%, 17.08% and 22.45% respectively.

PGIM India ELSS Tax Saver Fund Regular Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Basic Materials, Energy, Consumer Defensive, Government, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel 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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

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 Regular Growth of 3 Years