Share Fund
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.
Suitability
"Long-term capital appreciation
• To generate long term capital appreciation by predominantly investing in equity & equity related instruments
• To enable eligible investors to avail deduction from total income as permitted under the income tax Act 1961 as amended from time to time."
| Scheme Class | Equity |
| Scheme Category | ELSS (Tax Savings) |
| Expense Ratio | 0.94% |
| Min subscription | ₹ 500 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 454 |
| AMC AUM (in Crs.) | ₹ 7,627 |
| Min Addition Subscription | ₹ 500 |
| Benchmark Type | S&P BSE 200 India TR INR |
| Exit Load | Units locked in for 3 years, No exit load |
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
Mirae Asset Tax Saver Fund - Direct Plan | 500 | 500 | 36.33% |
Axis Long Term Equity Fund - Direct Plan | 500 | 500 | 20.78% |
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan | 500 | 500 | 32.28% |
HSBC ELSS Fund - Direct Plan | 500 | 500 | 29.4% |
Aditya Birla Sun Life Tax Relief 96 - Direct Plan | 500 | 500 | 20.96% |
Tata India Tax Savings Fund - Direct Plan | 500 | 500 | 32.27% |
Axis Long Term Equity Fund - Direct Plan | 500 | 500 | 20.78% |
IDFC Tax Advantage (ELSS) Fund - Direct Plan | 500 | 500 | 42.74% |
| Company | Holding Type | Asset(%) |
|---|---|---|
ICICI Bank Ltd | Equity | 8 |
Reliance Industries Ltd | Equity | 6 |
Infosys Ltd | Equity | 6 |
HDFC Bank Ltd | Equity | 5 |
HDFC Life Insurance Company Limited | Equity | 5 |
Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | 5 |
Bharti Airtel Ltd | Equity | 5 |
Larsen & Toubro Ltd | Equity | 4 |
Axis Bank Ltd | Equity | 4 |
State Bank of India | Equity | 4 |
| Asset | Percent |
|---|---|
Equity | 95 |
Cash - Repurchase Agreement | 5 |
Cash - Collateral | 0 |
Bond - Gov't Treasury | 0 |
| Sector | Percent |
|---|---|
Financial Services | 35 |
Technology | 10 |
Healthcare | 9 |
Industrials | 8 |
Consumer Cyclical | 7 |
Fund Manager
Srinivas Ravuri
3+ years of experience
Puneet Pal
1+ years of experience
Utkarsh Katkoria
1+ years of experience
About
care@pgimindia.co.in
Phone
9930738128
Address
PGIM India Asset Management Private Limited,Nirlon House, 2nd Floor,,Dr. Annie Besant Road,,Worli,, Mumbai - 400 030
