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PGIM India ELSS Tax Saver Fund - Investment Details, Returns & Performance 2025

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Discover PGIM India ELSS Tax Saver Fund offering 3-year lock-in, tax savings under Section 80C, and long-term wealth creation potential. Check latest NAV, returns, and investment details.

Investment Objective and Approach

PGIM India ELSS Tax Saver Fund aims to generate long-term capital appreciation by predominantly investing in equity and equity-related instruments while enabling eligible investors to avail deduction from total income, as permitted under the Income Tax Act 1961, as amended from time to time.

The fund follows a disciplined investment approach with these key strategies:

- Bottom-up stock selection: The fund actively manages a diversified portfolio of strong growth companies with sustainable business models through bottom-up stock-by-stock selection across market cap spectrum

- Comprehensive valuation approach: Investment decisions consider price-to-earnings, price-to-book, and price-to-sales ratios, along with growth, margins, asset returns, and cash flows

- Conservative strategy: The fund's holdings are mostly in Large Cap stocks and debt instruments, following a conservative investment strategy

- 3-year lock-in period: The lock-in of 3 years helps investors tide over volatility and reap the benefit of long term investing

Fund Manager

Avinash Agarwal is the current Fund Manager of PGIM India ELSS Tax Saver Fund. He brings extensive experience in equity fund management and has been instrumental in managing the fund's investment strategy since its inception.

Mr. Agarwal's professional background includes significant experience in equity research and fund management, making him well-equipped to navigate market volatility and identify quality investment opportunities across different market capitalizations.

About the Fund House (AMC)

PGIM India Mutual Fund is a wholly owned business of PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI)

Key highlights of PGIM India Asset Management:

- Global expertise: PGIM operates across 16 countries and has 38 offices with over 1,300+ investment professionals

- Diversified offerings: It offers a wide range of actively managed asset classes and investment styles including Equities, Fixed Income and Real Estate

- Strong AUM: As of March 2024, it has a total AUM of 23,240.16 Crores

- Rich legacy: PGIM India Mutual Fund leverages PGIM's shared legacy of 150 years and global resources along with local investment expertise to create wealth-building solutions

- Comprehensive services: PGIM India Asset Management is a full-service investment manager offering equity and fixed income solutions to retail and institutional investors, also extending to Offshore Funds and Portfolio Management Services

Fund Performance Overview (as of latest available dates):

- AUM: ₹25,130 Cr as of 14 Jan 2025

- 3-year returns: Around 15.96% annualized returns for the past 3 years and 21.26% for 5 years

- Minimum investment: Lump sum minimum amount is ₹500 and for SIP, it is ₹500

Should I Invest in PGIM India ELSS Tax Saver Fund?

This fund may be suitable for investors who:

Ideal for:

- Investors looking to create wealth and ideal for long term goals such as retirement

- Investors in the highest tax bracket opting for old regime can save Rs 46,800 on investment of Rs. 1.5 lakh

- Those seeking tax savings under Section 80C with equity exposure

- Long-term investors comfortable with a 3-year lock-in period

Key Benefits:

- Possibility of earning income in the lock-in period by way of Income Distribution cum Capital Withdrawal (IDCW) i.e. Dividend

- Though the fund has a lock-in period of 3 years, investors can remain invested in the fund to benefit from long term compounding growth

- Professional fund management with global investment expertise

Risk Considerations:

- The fund is rated Very High risk

- Stock prices might be affected by price and volume changes in the stock markets, interest rates, exchange rates, government policies, tax laws and other economic developments

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

The fund follows a conservative approach with large-cap focus, making it relatively suitable for investors seeking tax benefits with moderate equity exposure and long-term wealth creation objectives.

FAQs

What is today's NAV of PGIM India ELSS Tax Saver Fund?

The NAV varies daily based on market conditions. You can check the current NAV on Allvest platform or the fund house website for the most updated information.

What is the AUM of PGIM India ELSS Tax Saver Fund?

The fund currently has an Asset Under Management (AUM) of ₹25,130 Cr as of 14 Jan 2025

What is the expense ratio of PGIM India ELSS Tax Saver Fund?

The expense ratio varies between regular and direct plans. Direct plans typically have lower expense ratios compared to regular plans, making them more cost-effective for investors.

What are the returns of PGIM India ELSS Tax Saver Fund since inception?

The scheme return performance since scheme launch is 298.90% for the direct growth plan, though returns may vary between different plan options.

What is the minimum SIP amount to invest in PGIM India ELSS Tax Saver Fund?

The minimum SIP investment is set to ₹500

How do I invest in PGIM India ELSS Tax Saver Fund?

You can invest in PGIM India ELSS Tax Saver Fund through Allvest platform, which offers a seamless online investment experience with easy documentation and quick processing.

How to start a SIP in PGIM India ELSS Tax Saver Fund?

You can start a SIP through Allvest by completing your KYC, selecting the fund, choosing your investment amount (minimum ₹500), and setting up auto-debit instructions.

How do I automate an SIP in PGIM India ELSS Tax Saver Fund?

Through Allvest platform, you can set up automated SIP payments using bank mandate or auto-debit facility, ensuring your investments continue without manual intervention.

How can I withdraw/redeem my investment in PGIM India ELSS Tax Saver Fund?

The fund has a lock-in period of 3 years, after which you can redeem your investments through Allvest platform or the fund house website by submitting the required redemption forms.