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Fincash » Mutual Funds » Pgim India Tax Savings Fund

Pgim India Tax Savings Fund - G

NAV  ₹29.74 ↑ 0.09  (0.30 %) as on 23 Feb 24

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 14.2% since its launch.  Return for 2023 was 19.5% , 2022 was 4.7% and 2021 was 37.5% .

Below is the key information for PGIM India Tax Savings Fund

NAV as on 23 Feb 24₹29.74 ↑ 0.09  (0.30 %)
Net Assets (AUM) as on 31 Jan 2024 ₹634 Cr.
Launch Date11 Dec 2015
CategoryEquity - ELSS
RatingNot Rated
TypeOpen Ended Fund
RiskModerately High
AMCPramerica Asset Managers Private Limited
Alpha Ratio-6.45
Expense Ratio2.52 %
Sharpe Ratio1.189
Information Ratio-0.46
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 23 Feb 24

DurationReturns
1 Month 2.7%
3 Month 7.2%
6 Month 9.3%
1 Year 23.3%
3 Year 17.1%
5 Year 17.5%
10 Year
15 Year
Since launch 14.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 19.5%
2022 4.7%
2021 37.5%
2020 17.9%
2019 8.2%
2018 -6.4%
2017 39.3%
2016 1.7%
2015

Growth of 10k Over Years

DateValue
31 Jan 19₹10,000
31 Jan 20₹10,871
31 Jan 21₹12,637
31 Jan 22₹17,829
31 Jan 23₹17,999
31 Jan 24₹21,647
 Pgim India Tax Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.21%
Equity96.79%
 Pgim India Tax Savings Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services31.13%
Consumer Cyclical12.61%
Industrials10.22%
Technology9.27%
Basic Materials8.06%
Health Care7.94%
Consumer Defensive6.86%
Energy5.08%
Communication Services3.32%
Utility1.35%
Real Estate0.96%
 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%₹53 Cr310,814
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 16 | ICICIBANK
Banks - Regional7%₹43 Cr428,174
Reliance Industries Ltd (Energy)
Equity, Since 31 Aug 17 | RELIANCE
Oil & Gas Refining & Marketing5%₹32 Cr124,561
↓ -20,189
Axis Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | AXISBANK
Banks - Regional4%₹24 Cr218,000
LTIMindtree Ltd (Technology)
Equity, Since 30 Apr 23 | LTIM
Information Technology Services3%₹20 Cr31,800
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 23 | KOTAKBANK
Banks - Regional3%₹16 Cr84,000
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Sep 23 | DMART
Discount Stores2%₹14 Cr33,459
↑ 9,892
Coforge Ltd (Technology)
Equity, Since 30 Apr 23 | COFORGE
Information Technology Services2%₹13 Cr21,244
↑ 12,136
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Dec 21 | ULTRACEMCO
Building Materials2%₹13 Cr12,585
Bharti Airtel Ltd (Communication Services)
Equity, Since 28 Feb 19 | BHARTIARTL
Telecom Services2%₹13 Cr125,805
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Fund Managers

NameSinceTenure
Bhupesh Kalyani1 Apr 230.84 Yr.
Vinay Paharia1 Apr 230.84 Yr.
Anandha Padmanabhan Anjeneyan1 Apr 230.84 Yr.
Ojasvi Khicha1 Apr 230.84 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
₹29.74
↑ 0.09
9.34 %23.3 %17.1 %17.52 %
PGIM India Tax Savings Fund
Normal Dividend, Payout
₹18.65
↑ 0.05
9.32 %22.45 %16.62 %16.4 %
Data as on 23 Feb 24

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