EquityELSSRegularGrowthVery High

PGIM India ELSS Tax Saver Fund

Q: What is the NAV of PGIM India ELSS Tax Saver Fund?

As of 05 Oct 2026, the NAV of PGIM India ELSS Tax Saver Fund is ₹33.18 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has PGIM India ELSS Tax Saver Fund delivered?

PGIM India ELSS Tax Saver Fund has returned -3.75% over 1 year, +6.83% per year over 3 years, +7.31% per year over 5 years and +11.72% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

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

PGIM India ELSS Tax Saver Fund charges an expense ratio of 2.59% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of PGIM India ELSS Tax Saver Fund?

PGIM India ELSS Tax Saver Fund's largest holdings are ICICI Bank Ltd. (7.2%), HDFC Bank Ltd. (6.6%), Bharti Airtel Ltd. (3.7%), Reliance Industries Ltd. (3.3%) and Infosys Ltd. (3.2%). Holdings are disclosed monthly and change over time.

Q: How risky is PGIM India ELSS Tax Saver Fund?

PGIM India ELSS Tax Saver Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.3% and its worst peak-to-trough fall in our sample was -36.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.03 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. PGIM India ELSS Tax Saver Fund's 0.03 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of PGIM India ELSS Tax Saver Fund?

PGIM India ELSS Tax Saver Fund is benchmarked against the NIFTY 500 TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages PGIM India ELSS Tax Saver Fund?

PGIM India ELSS Tax Saver Fund is managed by Vivek Sharma, Utsav Mehta, Vinay Paharia and Akhil Dhar at PGIM India.

Q: How is PGIM India ELSS Tax Saver Fund taxed?

PGIM India ELSS Tax Saver Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.

PGIM India Mutual Fund · Best ELSS (Tax Saving) Mutual Funds

NAV

₹33.18

+0.12% 1D

as of 05 Oct 2026

This is the Regular plan of PGIM India ELSS Tax Saver Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

-4.52%absolute

52-week rangePrev NAV ₹33.14

Latest ₹33.18

Low ₹29.7057th percentile of its 52-week rangeHigh ₹35.79

Scorecard

★★☆☆☆2/5 vs 51 ELSS peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within ELSS (same plan and option).

PerformanceBelow avg

3Y CAGR +6.83% · ranks 40 of 49 ELSS funds

RiskLow

Volatility 13.3% vs 14.8% category avg

CostHigh

2.6% expense vs 2.0% category avg

ConsistencyHigh

97% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its ELSS peers (13.3% vs 14.8%)
Consistent — positive in 97% of rolling 3-year windows

Concerns

1-year return (-3.75%) trails the ELSS average (-2.14%)
3-year return (+6.83%) trails the ELSS average (+9.84%)
5-year return (+7.31%) trails the ELSS average (+9.66%)
Weaker risk-adjusted returns — Sharpe 0.03 below the ELSS average of 0.22
High expense ratio (2.59%) vs the ELSS average of 2.01%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

2.59%

Category 2.01%▲0.58%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

24.67

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.03

Category 0.22▼0.20

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

3 yrs

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

NIFTY 500 TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

14 Dec 2015

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-5.04%

Absolute return over the last 3 months (not annualized)

-3.38%

Absolute return over the last 6 months (not annualized)

+9.90%

Absolute return since 1 Jan of this year (not annualized)

-5.20%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

-3.75%

3-year annualized return (CAGR)

+6.83%

5-year annualized return (CAGR)

+7.31%

10-year annualized return (CAGR)

+11.04%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+11.72%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

13.28%

Excess return per unit of total volatility (rf = 6.5%)

0.03

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.03

Largest peak-to-trough decline over full history

-36.87%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

-2.38%

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

0.92

How much of the fund's movement Nifty 500 TRI explains

91.6%

Excess return per unit of beta (market risk)

0.43

Active return over the benchmark per unit of tracking error

-0.62

Annualized std dev of fund-minus-benchmark returns

4.57%

Fund's share of benchmark gains in up months (100 = matches index)

88.4%

Fund's share of benchmark losses in down months (lower is better)

98.1%

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (ELSS)

Period	Fund	Category avg.	Diff
1M abs	-5.04%	-4.71%	-0.33%
3M abs	-3.38%	-4.01%	+0.63%
6M abs	+9.90%	+8.40%	+1.50%
1Y CAGR	-3.75%	-2.14%	-1.61%
3Y CAGR	+6.83%	+9.84%	-3.01%
5Y CAGR	+7.31%	+9.66%	-2.35%

Category average across peers in ELSS (up to 49 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 49 peers in ELSS

1Y return

-3.75%

Beats 36.7% · rank #32

3Y return

+6.83%

Beats 18.8% · rank #40

5Y return

+7.31%

Beats 19.5% · rank #34

Sharpe

0.03

Beats 20.8% · rank #39

Sortino

0.03

Beats 20.8% · rank #39

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.90L

Absolute

+15.06%

XIRR

+5.73%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into PGIM India ELSS Tax Saver Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Nifty 500 TRI	Diff
2026part	-5.20%	-7.18%	+1.98%
2025	+1.98%	+7.94%	-5.96%
2024	+15.59%	+16.43%	-0.84%
2023	+19.48%	+27.43%	-7.95%
2022	+4.68%	+4.34%	+0.34%
2021	+37.46%	+31.59%	+5.87%
2020	+17.88%	+18.33%	-0.45%
2019	+8.20%	+8.95%	-0.75%
2018	-6.36%	-2.33%	-4.03%
2017	+39.31%	+37.35%	+1.96%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

2,664

Expense ratio

2.59%

AUM

₹694.87Cr

Portfolio turnover

38%

Exit load

NIL

Portfolio, AUM & scheme details shown from another plan of this scheme (same underlying portfolio).

P/E ratio

24.7

P/B ratio

5.4

Avg market cap

₹3,95,074Cr

P/E & P/B are portfolio-weighted harmonic means across 78 of 90 equity holdings (89% of the portfolio); loss-making companies are excluded.

Taxation

Taxed as equity

This is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

On gains above ₹1.25 L per financial year

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · ELSS

Compare all


PGIM India ELSS Tax Saver FundThis fund PGIM India · Regular · Growth	★★☆☆☆	-3.75%	+6.83%	+7.31%	—	2.59%	₹694.87Cr
SBI Long Term Advantage Fund - Series V SBI · Regular · Growth	★★★★★	-1.21%	+19.11%	+13.78%	—	1.38%	₹345.73Cr
Motilal Oswal ELSS Tax Saver Fund Motilal Oswal · Regular · Growth	★★★☆☆	+5.53%	+19.09%	+15.16%	—	2.10%	₹4,627Cr
Bank of India Mid Cap Tax Fund Series 1 Bank of India · Regular · Growth	★★★★☆	+8.41%	+14.33%	+10.89%	—	1.38%	₹62.74Cr
JM ELSS - Tax Saver Fund JM Financial · Regular · Growth	★★★☆☆	+3.76%	+14.32%	+11.79%	—	2.68%	₹220.95Cr
HSBC ELSS Tax saver Fund HSBC · Regular · Growth	★★★★☆	+0.84%	+14.16%	—	—	1.99%	₹3,957Cr

Market-cap allocation · AMFI bands, Jul 2026

Equity holdings by company size — 100% of the equity sleeve priced.

Large cap58.5%
Mid cap22.8%
Small cap18.7%

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Equity97.50%
Cash & Equivalents2.36%
Debt0.14%

Holds the same stocks as (by portfolio overlap, not by category)

Compare the top 3 →

Fund	Overlap	Rating	TER	3Y
PGIM India Flexi Cap Fund PGIM India · Flexi Cap Fund	67.0%!	★★★☆☆	0.84%	+9.93%
PGIM India Aggressive Hybrid Equity Fund PGIM India · Aggressive Hybrid Fund	64.2% of 76% equity	★★☆☆☆	1.08%	+8.52%
PGIM India Balanced Advantage Fund PGIM India · Dynamic Asset Allocation or Balanced Advantage	61.3% of 75% equity	★★☆☆☆	0.91%	+6.53%
PGIM India Large Cap Fund PGIM India · Large Cap Fund	60.2%!	★☆☆☆☆	1.09%	+6.85%
PGIM India Multi Cap Fund PGIM India · Multi Cap Fund	58.8%	★★★★☆	0.82%	—
PGIM India Multi Asset Allocation Fund PGIM India · Multi Asset Allocation	57.3% of 67% equity	—	0.85%	—
Canara Robeco Flexi Cap Fund Canara Robeco · Flexi Cap Fund	56.9%!	★★★☆☆	0.69%	+10.64%
PGIM India Retirement Fund PGIM India · Retirement Fund	54.0%	★★☆☆☆	1.12%	—

Overlap is the share of each fund's equity book invested in the same stocks, by weight, across the Direct-plan universe — so a fund that is only part equity is labelled as such. ! marks a pair holding more in common than nine pairs in ten of its type, where that type has a measured distribution.

🚩Holdings under NSE surveillance (ASM)

2 holdings — 1.45% of the portfolio — sit in stocks NSE currently lists under its Additional Surveillance Measure. ASM is an exchange response to unusual price or volume activity (higher margins, and trade-for-trade settlement at stage II), not a view on the company or on this fund.

Welspun Corp LimitedLong-term · Stage I0.92%
Rubicon Research LimitedLong-term · Stage I0.53%

Source: NSE ASM list, matched to holdings by company name — a holding whose name differs from NSE's spelling may not be matched. BSE's separate list is not covered.

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-36.9%17 Jan 2020 → 23 Mar 2020
Fell over 2 months, back to the old high on 09 Nov 2020 — 8 months under water after the low.
-17.9%23 Sep 2024 → 31 Mar 2026
Still below that high — 1.5 years down, and no recovery yet.
-17.6%17 Jan 2022 → 20 Jun 2022
Fell over 5 months, back to the old high on 28 Nov 2022 — 5 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹694.87Cr

April - June 2026

-4%

since January - March 2026

+₹6.92Cr

est. net flow, last quarter

At or near its largest, ₹721.39Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

PGIM India Mutual Fund is the Indian arm of PGIM, the global asset management business of the US insurer Prudential Financial. It was formerly DHFL Pramerica Mutual Fund; PGIM bought out DHFL's stake in 2019 and renamed the house.

Launched

12 May 2010

Total AUM

₹27,859Cr+4.6% QoQ

Avg AUM · July - September 2026

Website

pgimindia.com/mutual-funds

Fund Managers

VSVivek SharmaManaging since 15 Apr 2024

Education

PGDM - Finance

Experience

Collectively over 15 years of experience in Equity market, research and fund Management : • April 09, 2024 onwards - PGIM India Asset Management Pvt Ltd. - Fund Manager – Equity • September 01, 2023 to March 20, 2024 - Edelweiss Asset Management Limited - Fund Manager – Equity • March 09, 2017 to August 18, 2023 - PGIM India Asset Management Private Limited - Fund Manager – Equity • October 01, 2010 to March 06, 2017 - ICICI Securities Ltd - Research Analyst

Funds managed (13)

All schemes Vivek Sharma runs →

UMUtsav MehtaManaging since 15 Apr 2024

Education

B.Com., CFA : B.Com, ACA, CFA, FRM : M.M.S

Experience

Over 14 years of experience in Equity market, research and fund management : • October 23, 2023 onwards - PGIM India Asset Management Pvt Ltd. - Vice President - Fund Manager - Equity. • September 2018 to October 2023 - Edelweiss Asset Management Ltd - VP, Alternatives. • June 2014 to September 2018 - Ambit Capital - Sector Analyst - Institutional Equities. • January 2014 to May 2014 - MF Advisors LLP - Analyst – Investments. • November 2012 - December 2013 - Ambit Capital - Associate – Investment Research

Funds managed (5)

All schemes Utsav Mehta runs →

VPVinay PahariaManaging since 01 Apr 2023

Education

B.Com.

Experience

Collectively over 22 years of experience in Indian financial markets, primarily in equity research & Fund Management:- • January 27, 2023 onwards - PGIM India Asset Management Private Limited - Chief Investment Officer • April 2018 to January 2023 - Union Asset Management Company Ltd. Last Position Held - Chief Investment Officer. • January 2007 to March 2018 – Invesco Asset Management Company Ltd. Last Position Held – Fund Manager - Equity

Funds managed (13)

All schemes Vinay Paharia runs →

ADAkhil DharManaging since 25 Feb 2026

Role

Fund Manager and Credit Analyst – Fixed Income

Education

PGDBM (Finance) and B.E (Electrical) No. of Qualificati yearson of Exper ience

Experience

Over 9 years of experience in Credit Analysis and Research: • February 25, 2026 onwards - PGIM India Asset Management Private Limited - Fund Manager and Credit Analyst – Fixed Income • January 30, 2023 to February 24, 2026 - PGIM India Asset Management Private Limited - Credit Analyst • December 20, 2021 to January 19, 2023 - IndusInd Bank including assignments held during the last 10 years Limited - Chief Manager - Corporate Ratings • February 14, 2020 to December 16, 2021 - CARE Ratings Limited - Lead Analyst - Corporate ratings • November 05, 2019 to February 10, 2020 - India Ratings and Research Private Limited - Research Analyst - Core Analytical Group • April 03, 2017 to October 16, 2019 - CARE Ratings Limited - Analyst - Corporate ratings

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Vivek Sharma Utsav Mehta Vinay Paharia

Top holdings

ICICI Bank Ltd.HDFC Bank Ltd.Bharti Airtel Ltd.Reliance Industries Ltd.Infosys Ltd.Bajaj Finance Ltd.State Bank of India Kotak Mahindra Bank Ltd.Larsen & Toubro Ltd.Eternal Ltd.JSW Steel Ltd.Max Healthcare Institute Ltd.

PGIM India in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

Run SIP calculator Add to compare

Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About ELSS (tax-saving) funds

ELSS funds are equity funds that qualify for a Section 80C deduction (up to ₹1.5 lakh a year) under the old tax regime. They carry a 3-year lock-in — the shortest of any 80C option.

Frequently asked questions

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

As of 05 Oct 2026, the NAV of PGIM India ELSS Tax Saver Fund is ₹33.18 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has PGIM India ELSS Tax Saver Fund delivered?

PGIM India ELSS Tax Saver Fund has returned -3.75% over 1 year, +6.83% per year over 3 years, +7.31% per year over 5 years and +11.72% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

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

PGIM India ELSS Tax Saver Fund charges an expense ratio of 2.59% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of PGIM India ELSS Tax Saver Fund?

PGIM India ELSS Tax Saver Fund's largest holdings are ICICI Bank Ltd. (7.2%), HDFC Bank Ltd. (6.6%), Bharti Airtel Ltd. (3.7%), Reliance Industries Ltd. (3.3%) and Infosys Ltd. (3.2%). Holdings are disclosed monthly and change over time.

How risky is PGIM India ELSS Tax Saver Fund?

PGIM India ELSS Tax Saver Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 13.3% and its worst peak-to-trough fall in our sample was -36.9%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 0.03 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. PGIM India ELSS Tax Saver Fund's 0.03 means it has rewarded its volatility with excess return. Higher is better.

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

PGIM India ELSS Tax Saver Fund is benchmarked against the NIFTY 500 TRI. Its alpha and beta on this page are measured against that index.

Who manages PGIM India ELSS Tax Saver Fund?

PGIM India ELSS Tax Saver Fund is managed by Vivek Sharma, Utsav Mehta, Vinay Paharia and Akhil Dhar at PGIM India.

How is PGIM India ELSS Tax Saver Fund taxed?

PGIM India ELSS Tax Saver Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.