Investment type
PGIM India Elss Tax Saver Fund - Direct (G) is a mutual fund under the Tax Saving Funds category, managed by PGIM India Mutual Fund. It was launched on 24 Sep 2008, and has been active for over 17 years. As of 30 Jun 2025 the fund manages assets worth ₹798 Crores. The expense ratio is 0.7%.
This fund generated returns of 6.22% in the last 1 year. Since its inception, it has provided an average annual return of 15.53%.
The fund's investments are mainly concentrated in sectors like Banks, IT-Software, Petroleum Products, Pharmaceuticals & Biotech and Consumer Durables.
The top five holdings in this fund include prominent companies such as HDFC Bank, ICICI Bank, Reliance Industr, Bharti Airtel and ICICI Lombard.
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 investore to avail deduction from total icome, 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 realized.
ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.
Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.
The minimum is three years, but staying invested longer can help maximize returns.
No, ELSS funds have a mandatory lock-in period of three years.
Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.
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