PGIM India ELSS Tax Saver Fund
The fund maintains a defensive core anchored in large-cap financials, which account for nearly a quarter of assets, reflecting confidence in banking sector resilience amid economic cycles. The recent pruning of mid-cap IT exposure (Persistent Systems) and insurance holdings while adding Tech Mahindra suggests a tactical rebalancing toward stability over growth, consistent with an ELSS mandate prioritizing downside protection for three-year locked-in investors. At 76 holdings with modest concentration, the portfolio balances tax efficiency with adequate diversification across pharma, energy, and consumer sectors.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹37.8100 | — | — | — | — |
| Regular Growth | ₹32.6300 | -0.15% | -5.94% | +8.91% | +10.97% |
| Direct IDCW | ₹16.7700 | — | — | — | — |
| Regular IDCW | ₹15.5900 | — | — | — | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Tech Mahindra Ltd. | 0.76% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | HDFC Bank Ltd. INE040A01034 | 7.42% |
| 2 | ICICI Bank Ltd. INE090A01021 | 6.49% |
| 3 | Reliance Industries Ltd. INE002A01018 | 5.23% |
| 4 | Bharti Airtel Ltd. INE397D01024 | 4.01% |
| 5 | Bajaj Finance Ltd. INE296A01032 | 2.80% |
| 6 | Larsen & Toubro Ltd. INE018A01030 | 2.79% |
| 7 | Kotak Mahindra Bank Ltd. INE237A01036 | 2.30% |
| 8 | VARUN BEVERAGES LIMITED INE200M01039 | 2.29% |
| 9 | Infosys Ltd. INE009A01021 | 2.26% |
| 10 | State Bank of India INE062A01020 | 2.20% |
| 11 | Mankind Pharma Ltd. INE634S01028 | 2.17% |
| 12 | UNO Minda Ltd. INE405E01023 | 2.16% |
| 13 | Clearing Corporation of India Ltd. nan | 2.13% |
| 14 | Eternal Ltd. INE758T01015 | 1.87% |
| 15 | Ultratech Cement Ltd. INE481G01011 | 1.84% |
| 16 | Max Healthcare Institute Ltd. INE027H01010 | 1.66% |
| 17 | Solar Industries India Ltd. INE343H01029 | 1.65% |
| 18 | Titan Company Ltd. INE280A01028 | 1.59% |
| 19 | Cholamandalam Investment & Finance Company Ltd. INE121A01024 | 1.53% |
| 20 | Tata Consultancy Services Ltd. INE467B01029 | 1.53% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does PGIM India ELSS Tax Saver Fund hold?
PGIM India ELSS Tax Saver Fund holds 74 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 25.95% of NAV.
What is the largest holding in PGIM India ELSS Tax Saver Fund?
The largest position in PGIM India ELSS Tax Saver Fund is HDFC Bank Ltd., accounting for 7.42% of NAV in the Banks sector.
Is PGIM India ELSS Tax Saver Fund a concentrated or diversified fund?
With a Gini coefficient of 0.412, PGIM India ELSS Tax Saver Fund is well-diversified. The HHI concentration index is 25,354 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 25.95% of the portfolio.
What is the market cap allocation of PGIM India ELSS Tax Saver Fund?
Based on SEBI's AMFI classification, PGIM India ELSS Tax Saver Fund's equity portfolio is split as: Large Cap: 58.42%, Mid Cap: 18.14%, Small Cap: 16.27%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does PGIM India ELSS Tax Saver Fund invest in most?
PGIM India ELSS Tax Saver Fund has the highest allocation to Banks (19.55%), Finance (5.74%), Petroleum Products (5.65%). The fund is invested across 34 sectors in total.
How actively managed is PGIM India ELSS Tax Saver Fund compared to other ELSS - Tax Saver Fund funds?
PGIM India ELSS Tax Saver Fund has an Active Share of 56.72%, classifying it as "Active Stock Picker" among 37 ELSS - Tax Saver Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in PGIM India ELSS Tax Saver Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, PGIM India ELSS Tax Saver Fund added 1 new stock (including Tech Mahindra Ltd.). Total holding count increased from 75 to 76 stocks.