PGIM India ELSS Tax Saver Fund
PGIM India Mutual Fund · ELSS · Regular plan, growth option
NAV (₹), 1 Oct 2026
33.1400
1-day change
-0.72%
1Y return
-3.6%
3Y CAGR
6.6%
5Y CAGR
7.6%
Max drawdown, 5Y
−17.9%
NAV history month-end NAV, ₹ · 14 Dec 2015 to 1 Oct 2026
Returns vs ELSS median (39 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -5.4% | -5.7% |
| 3 months | -2.8% | -4.2% |
| 6 months | 9.6% | 5.9% |
| Year to date | -5.3% | -5.5% |
| 1 year | -3.6% | -3.4% |
| 3 years (CAGR) | 6.6% | 9.1% |
| 5 years (CAGR) | 7.6% | 9.2% |
| 7 years (CAGR) | 13.0% | 13.9% |
| 10 years (CAGR) | 11.3% | 12.0% |
| Since first NAV (CAGR) | 11.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 9.9% | 10.7% |
| 3Y rolling median | 13.6% | 14.5% |
| 3Y rolling worst | -7.3% | -5.3% |
| 3Y periods positive | 96% | 97% |
| 3Y periods ahead of benchmark | 32% | 42% |
| 5Y rolling median | 14.8% | 14.3% |
| 5Y rolling worst | 7.6% | 0.2% |
| 5Y periods ahead of benchmark | 9% | 44% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 15.1% | 15.4% |
| Sharpe ratio | 0.08 | 0.25 |
| Sortino ratio | 0.12 | 0.35 |
| Beta | 0.92 | 0.96 |
| Alpha (ann.) | -1.9% | 0.5% |
| Upside capture | 87.78 | 95.21 |
| Downside capture | 96.84 | 98.01 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −36.9% | −37.8% |
| Maximum drawdown, last 10Y | −36.9% | −36.9% |
| Maximum drawdown, last 5Y | −17.9% | −18.9% |
| Current drawdown | −8.4% | −9.3% |
| Recovery time of worst fall | 231 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.59% a year and the Direct plan's 1.07%, a gap of 1.52%; over the last 3 years the Direct plan returned 1.64 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹33,39,464.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 2.62% to 2.59% (AMFI TER disclosure)
- 30 Sep 2026: TER increased from 2.61% to 2.62% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Vivek Sharma | 15 Apr 2024 | |
| Utsav Mehta | 15 Apr 2024 | |
| Vinay Paharia | 1 Apr 2023 | |
| Akhil Dhar | 25 Feb 2026 |
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 of the scheme will be achieved. The Scheme does not guarantee/ indicate any returns. The Scheme has been prepared in accordance with the notification dated November 3, 2005 and December 13, 2005 issued by the Government of India notified under section 80C of the Income-tax Act, 1961. As per section 80C of the Income-tax Act, 1961 and subject to provisions, eligible investors (i.e. Individual, HUF, Specified AOP/BOI) are entitled to a deduction from gross total income upto Rs. 150,000/- (along with other prescribed investments) for amou…
Stated asset allocation: Equity & Equity Related Instruments - Min 80% and Max 100% Money Market Instruments and, other liquid instruments, Units of Liquid, Money Market and Overnight Mutual funds - Min 0% and Max 20% Units of Gold ETFs & Silver ETFs - Min 0% and Max 20% Units issued by InvITs - Min 0% and Max 10%
Benchmark (tier 1): NIFTY 500 TRI
Minimum application: Rs. 500
Allotment date: 11 Dec 2015
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.59% | 2.23% |
| AUM, whole scheme (₹ crore) | 680 | 1,987 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -2.1% | -2.0% TRI |
| Return, 3 years (AMFI) | 6.9% | 9.5% TRI |
| Return, 5 years (AMFI) | 7.7% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 36% | 46% median |
| Month-ends in category top quartile (3Y) | 9% | 23% median |
| 7Y rolling CAGR, median (monthly windows) | 13.7% | 13.8% median |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, ELSS Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -5.3% | -7.8% | +2.5% |
| 2025 | 2.0% | 7.7% | −5.7% |
| 2024 | 15.6% | 15.6% | −0.0% |
| 2023 | 19.5% | 26.5% | −7.1% |
| 2022 | 4.7% | 3.8% | +0.9% |
| 2021 | 37.5% | 30.6% | +6.8% |
| 2020 | 17.9% | 17.2% | +0.6% |
| 2019 | 8.2% | n/a | – |
| 2018 | -6.4% | n/a | – |
| 2017 | 39.3% | n/a | – |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,17,648 | -3.6% |
| 3 years | ₹3,60,000 | ₹3,66,922 | 1.2% |
| 5 years | ₹6,00,000 | ₹6,95,313 | 5.8% |
| 10 years | ₹12,00,000 | ₹21,16,913 | 10.9% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: ELSS
Plan / option: Regular · Growth
AMFI scheme code: 135598
ISIN: INF663L01FQ8
First NAV in MFIC data: 14 Dec 2015
History: 10.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| PGIM India Large and Midcap Fund | Large & Mid Cap | 0.99 | n/a |
| Motilal Oswal Large Cap Fund | Large Cap | 0.98 | n/a |
| Motilal Oswal Large Cap Fund | Large Cap | 0.98 | n/a |
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| PGIM India Multi Cap Fund | Multi Cap | 0.97 | n/a |
| Franklin India Multi Cap Fund | Multi Cap | 0.97 | n/a |
Questions about PGIM India ELSS Tax Saver Fund
- What is the latest NAV of PGIM India ELSS Tax Saver Fund?
- The NAV of the Regular plan (growth option) was ₹33.1400 on 1 Oct 2026, as published by AMFI.
- Which category is PGIM India ELSS Tax Saver Fund in?
- It is classified as ELSS in AMFI's daily NAV file; a ELSS scheme is an equity-linked savings scheme with a three-year lock-in. MFIC compares it with 39 ELSS schemes (Regular plans).
- What returns has PGIM India ELSS Tax Saver Fund delivered?
- Over one year the NAV changed by -3.6%. The 3-year CAGR is 6.6% (category median 9.1%) and the 5-year CAGR is 7.6% (category median 9.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 13.6%, the lowest was -7.3%, and 96% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 32% of those periods.
- What was the largest fall in PGIM India ELSS Tax Saver Fund's NAV?
- The largest peak-to-trough fall in its available history was 36.9%; within the last five years it was 17.9% (category median 18.9%).
- How volatile is PGIM India ELSS Tax Saver Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 15.1%, which is below the ELSS category median of 15.4%.
- What would a monthly SIP in PGIM India ELSS Tax Saver Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,95,313 on 1 Oct 2026, an annualised return (XIRR) of 5.8%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of PGIM India ELSS Tax Saver Fund?
- The total expense ratio of the Regular plan is 2.59% a year, as disclosed to AMFI (median of ELSS Regular plans: 2.23%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is PGIM India ELSS Tax Saver Fund?
- Assets under management of the whole scheme were ₹680 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of PGIM India ELSS Tax Saver Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of PGIM India ELSS Tax Saver Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 6.9% for this plan against 9.5% for the benchmark total return index; over 5 years 7.7% against 9.0%. Past performance does not indicate future results.
- How often has PGIM India ELSS Tax Saver Fund beaten its category?
- At 36% of the 94 month-ends compared over the last 10 years, its 3-year return was above the median of ELSS schemes (Regular plans); it was in the top quarter at 9% of them. A typical scheme would show about 50%.
- Who manages PGIM India ELSS Tax Saver Fund?
- According to its Scheme Summary Document, PGIM India ELSS Tax Saver Fund is managed by Vivek Sharma (since 15 Apr 2024), Utsav Mehta (since 15 Apr 2024), Vinay Paharia (since 1 Apr 2023), Akhil Dhar (since 25 Feb 2026).
- What is the minimum investment in PGIM India ELSS Tax Saver Fund?
- The minimum application amount is Rs. 500. SIP details: SIP - Monthly : 500 (in case of 12 installments); 1000 (in case of 6 installments)/Quarterly : 1000, SWP - Monthly/ Quartely/ Annually : 1000, STP -Daily/Weekly/Monthly/Quarterly :1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -2.2% and the Regular plan's by -3.6%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow PGIM India ELSS Tax Saver Fund by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.