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Fincash » Mutual Funds » Pgim India Tax Savings Fund

Pgim India Tax Savings Fund - G

NAV  ₹27.17 ↑ 0.10  (0.37 %) as on 22 Aug 23

Scheme Objective

"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. However, there is no assurance that the investment objective shall be realize"

PGIM India Tax Savings Fund is a Equity - ELSS fund launched on 11 Dec 15. It is a fund with Moderately High risk and has given a CAGR return of 13.9% since its launch.  Return for 2022 was 4.7% , 2021 was 37.5% and 2020 was 17.9% .

Below is the key information for PGIM India Tax Savings Fund

NAV as on 22 Aug 23₹27.17 ↑ 0.10  (0.37 %)
Net Assets (AUM) as on 31 Jul 2023 ₹557 Cr.
Launch Date11 Dec 2015
CategoryEquity - ELSS
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCPramerica Asset Managers Private Limited
Alpha Ratio2.51
Expense Ratio2.52 %
Sharpe Ratio1.099
Information Ratio0.14
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

DurationReturns
1 Month -0.8%
3 Month 7.1%
6 Month 12.6%
1 Year 15.2%
3 Year 23.7%
5 Year 13.3%
10 Year
15 Year
Since launch 13.9%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 4.7%
2021 37.5%
2020 17.9%
2019 8.2%
2018 -6.4%
2017 39.3%
2016 1.7%
2015
2014

Growth of 10k Over Years

DateValue
31 Aug 18₹10,000
31 Aug 19₹9,313
31 Aug 20₹9,633
31 Aug 21₹15,231
31 Aug 22₹16,354
31 Aug 23₹18,483
 Pgim India Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.74%
Equity95.09%
Debt0.17%
 Pgim India Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services32.38%
Consumer Cyclical10.92%
Consumer Defensive8.68%
Technology8.34%
Industrials7.4%
Basic Materials7.16%
Health Care6.93%
Energy6.62%
Utility3.13%
Communication Services2.01%
Real Estate0.84%
 Pgim India Tax Savings Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 15 | HDFCBANK
Banks - Regional8%₹45 Cr274,264
↑ 86,772
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | ICICIBANK
Banks - Regional7%₹41 Cr411,594
↑ 57,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE
Oil & Gas Refining & Marketing7%₹37 Cr144,750
Infosys Ltd (Technology)
Equity, Since 31 Dec 15 | INFY
Information Technology Services5%₹27 Cr198,329
↑ 37,200
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 532215
Banks - Regional4%₹21 Cr218,000
ITC Ltd Shs Dematerialised (Consumer Defensive)
Equity, Since 31 Aug 17 | ITC
Tobacco3%₹19 Cr400,000
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 23 | KOTAKBANK
Banks - Regional3%₹16 Cr84,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 17 | LT
Engineering & Construction3%₹14 Cr52,664
↓ -43,000
Torrent Pharmaceuticals Ltd (Healthcare)
Equity, Since 30 Apr 23 | TORNTPHARM
Drug Manufacturers - Specialty & Generic2%₹12 Cr60,976
Equitas Small Finance Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Apr 22 | EQUITASBNK
Banks - Regional2%₹12 Cr1,262,500
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Fund Managers

NameSinceTenure
Bhupesh Kalyani1 Apr 230.42 Yr.
Vinay Paharia1 Apr 230.42 Yr.
Anandha Padmanabhan Anjeneyan1 Apr 230.42 Yr.
Ojasvi Khicha1 Apr 230.42 Yr.

Custodians

CompanyAddress
Standard Chartered BankStandard Chartered Bank,1095 Avenue of the Americas,New York, NY 10036,USA

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
PGIM India Mutual Fund2nd Floor,,Nirlon House,,Dr. Annie Besant Road,,Worli,

Auditors

CompanyAddress
M/s BSR & Co.KPMG House, Kamala Mills Compound,448 Senapati Bapat Marg,Lower Parel

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
PGIM India Tax Savings Fund
Growth
₹27.17
↑ 0.10
12.6 %15.22 %23.65 %13.26 %
PGIM India Tax Savings Fund
Normal Dividend, Payout
₹17.04
↑ 0.06
11.81 %14.45 %22.38 %12.12 %
Data as on 22 Aug 23

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.