PGIM India ELSS Tax Saver Fund - Regular Plan - Dividend Option

PGIM India ELSS Tax Saver Fund - Regular Plan - Dividend Option is a scheme launched by PGIM Mutual Fund on December 11, 2015, and falls under the ELSS fund category. It currently manages an AUM of Rs 779.08 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 2.25% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  PGIM India ELSS Tax Saver Fund - Regular Plan - Dividend Option trailing returns over different times are -8.21% (1 year), 4.22% (3 year) and 10.87% (5 year). The average annual return of this fund stands at -6.07%.