Asset Sadhu
Funds/ELSS - Tax Saver Fund/PGIM India ELSS Tax Saver Fund

PGIM India ELSS Tax Saver Fund

PGIM Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI

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

PlanNAV1M3M6M1Y3Y CAGR5Y CAGR
Direct Growth₹37.4400——————
Regular Growth₹32.3100+1.03%-5.19%-9.14%-5.75%+8.61%+10.75%
Direct IDCW₹16.6100——————
Regular IDCW₹15.4400——————
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
74
Top 5 Weight
25.95%
Top 10 Weight
37.79%
Active Share
—
Large Cap
58.42%
Gini
0.412

What Changed2026-03-31 → 2026-04-30

Holdings: 75 → 76+1 added−0 removed25 weight shifts ≥ 0.1%
StockWeight
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

Banks19.6%
Finance5.7%
Petroleum Products5.7%
Pharmaceuticals & Biotechnology5.4%
IT - Software5.3%
Consumer Durables5.0%
Auto Components4.5%
Chemicals & Petrochemicals4.3%
Telecom - Services4.0%
Healthcare Services3.7%

Top 10 sectors by % to NAV. Excludes derivatives.