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3 star

PGIM India ELSS Tax Saver Fund - Regular Plan


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.85 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.79 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 6.02 0.36 1.57 9.39 5.58 17.78 39.27 22.81 18.41 -- --
S&P BSE 500 TRI 4.93 0.05 2.50 4.68 -0.18 15.47 31.73 21.76 18.38 -- --
Equity: ELSS 4.93 0.30 1.77 7.29 0.67 13.99 33.06 20.61 16.88 -- --
Rank within category 6 12 26 1 1 3 5 9 9 -- --
Number of funds in category 37 37 37 37 37 37 37 34 33 28 27

As on 17-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India ELSS Tax Saver Fund - Regular Plan  | Invest Online
3 star
Dec-15 39.27 22.81 18.41 2.45% 342
Axis Long Term Equity Fund
4 star
Dec-09 27.76 22.68 19.85 1.58% 33,785
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 35.41 25.39 22.19 1.69% 10,660
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 35.60 23.51 17.89 1.78% 9,636
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 48.53 24.85 20.36 1.96% 3,533

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.91 01-Apr-2020 - 09-Apr-2020 -17.82 11-Mar-2020 - 18-Mar-2020
Month 22.27 23-Mar-2020 - 22-Apr-2020 -35.11 20-Feb-2020 - 23-Mar-2020
Quarter 36.09 24-Mar-2020 - 23-Jun-2020 -34.79 23-Dec-2019 - 23-Mar-2020
Year 95.48 23-Mar-2020 - 23-Mar-2021 -32.63 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 21.19 21.30 0.82 0.92 0.96 1.61
S&P BSE 500 TRI 20.28 21.92 0.75 0.85 -- --
Equity: ELSS 19.35 21.47 0.73 0.78 0.95 -0.12
Rank within category 10 18 11 6 19 13
Number of funds in category 35 35 35 35 35 35

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 36
Top 10 Stocks (%) 48.81
Top 5 Stocks (%) 31.13
Top 3 Sectors (%) 56.75
Portfolio P/B Ratio 3.11
Portfolio P/E Ratio 21.21

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,55,046 1,38,142
Giant (%) 63.90 54.34
Large (%) 8.32 14.65
Mid (%) 21.87 24.51
Small (%) 5.91 6.65
Tiny (%) -- 0.25

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Infosys Technology 37.93 8.38 3.15 8.11
equal ICICI Bank Financial 26.81 8.90 5.53 8.01
equal Larsen & Toubro Construction 33.21 5.52 2.84 5.30
equal State Bank of India Financial 16.01 5.48 1.95 4.90
equal Bharti Airtel Communication 141.47 5.60 0.00 4.81
down HDFC Bank Financial 23.40 9.63 4.33 4.33
equal HCL Technologies Technology 31.03 3.87 0.00 3.51
equal Sun Pharmaceutical Industries Healthcare 32.82 3.93 0.00 3.50
down Reliance Industries Energy 33.03 8.45 3.27 3.27
equal Praj Industries Engineering 57.87 3.29 0.00 3.07
down Cipla Healthcare 28.39 4.31 1.26 2.91
equal ITC FMCG 19.39 5.90 2.26 2.87
equal Vardhman Textiles Textiles 13.03 2.78 0.73 2.78
down KPIT Technologies Technology 93.48 2.74 0.00 2.68
up Axis Bank Financial 21.85 5.95 0.00 2.44
equal Hindustan Petroleum Corporation Energy 4.97 2.65 0.00 2.43
equal Power Grid Corporation Energy 8.92 3.41 0.99 2.39
equal Quess Corp Financial 192.34 2.47 0.00 2.28
equal Minda Industries Automobile 91.84 2.22 0.00 2.22
down HDFC Financial 23.50 4.67 1.98 2.17
equal Newgen Software Technologies Technology 30.62 2.14 0.00 2.14
equal Gland Pharma Healthcare 54.32 1.92 0.00 1.92
equal Aurobindo Pharma Healthcare 7.70 1.92 0.00 1.89
up Bharat Forge Automobile 85.11 1.85 0.00 1.85
equal The Federal Bank Financial 11.79 2.79 0.00 1.65

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Srinivas Rao Ravuri since 14-Sep-2019

Education: Mr. Ravuri is a B.Com (H)and MBA (Finance).

Experience: Prior to joining PGIM India Mutual Fund he has worked with HDFC Asset Management Company Ltd. as a Senior Fund Manager - Equities, Senior Analyst at Motilal Oswal Securities Ltd., AVP – Equity Research at Edelweiss Capital Ltd., Investment Analyst at Securities Capital Investments (I) Ltd..

Interviews:

— Puneet Pal since 01-Dec-2021

Education: Mr. Pal is a B.Com (H) and MBA from SIBM Pune.

Experience: Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.

Funds Managed:

— Utkarsh Katkoria since 01-Jun-2021

Education: Mr. Katkoria is a Bachelor in Finance and an MBA.

Experience: Prior to joining PGIM India Mutual Fund he was associated with DWS Mutual Fund, Reliance Industries Limited and JM Financials Limited.

Funds Managed:


0.36%

Change from previous, NAV as on 17-Jan-2022

Growth: ₹ 25.1700

IDCW: ₹ 18.5400


Investment Strategy

The scheme seeks 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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 11-Dec-2015
Return Since Launch: 16.32%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 342 Cr (As on 31-Dec-2021)
Expense: 2.45% (As on 31-Dec-2021)
Risk Grade: Average
Return Grade: Average
Turnover: 19.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Jun-20210.2650

 26-Mar-20210.2700
 31-Dec-20200.2450
 26-Dec-20190.1594
 27-Sep-20190.0974
 28-Jun-20190.0266
 28-Sep-20180.1771
 02-Jul-20180.2125
 23-Mar-20180.8000
 28-Sep-20170.2400
 29-Jun-20170.2400
 24-Mar-20170.6500

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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