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    • Parag Parikh Tax Saver Fund (Growth)
    Parag Parikh Mutual Fund

    Parag Parikh Tax Saver Fund (Growth)

    EquityTax Saving

    18.6428

    NAV (Sep 23)

    33.3%
    Till Date CAGR
    Scripbox Opinion

    Neutral

    Scripbox recommends other funds for investment in tax saving.

    Click here to see our recommendations.

    Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.

    Relative Size

    284 Cr. Small within the category

    Category View

    Superior. The category has a superior investment outlook

    Consistency Of Performance

    Poor. The historical performance of the fund has been poor

    Invest in this fund
    Explore a scientifically created Scripbox plan within this asset class.
    Tax Saver Plan

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax

    No single fund can achieve what a plan can. Learn why

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    Historical NAV

    18.6428

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    54.1%
    Last 3Y
    NA
    Last 5Y
    NA
    Last 10Y
    NA
    Since Inception
    33.3%
    6 Month CAGR
    25.9%
    info-icon-blue

    Scheme Information

    Investment Objective

    To seek to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

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    Very High Risk

    Expense Ratio
    2.46
    Launched (2y ago)
    Jul 26, 2019
    AUM in Crores
    283.726
    ISIN
    INF879O01092
    Lock-in
    3
    Benchmark
    IISL Nifty 500 TR INR
    SIP Minimum
    1000
    Lumpsum Min.
    500
    Fund Managers
    user-avatar

    Rajeev Thakkar

    Fund Manager

    user-avatar

    Raj Mehta

    Fund Manager

    user-avatar

    Raunak Onkar

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

    build-long-item-wealth-img

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • Inflation beating returns
      Inflation beating returns
    • Save Tax
      Save Tax
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Equity Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    SBI Focused Equity Fund (G)

    recommended-badge

    ₹ 19,429 cr

    5

    recommended-badge

    ₹ 5,308 cr

    5

    recommended-badge

    ₹ 4,853 cr

    5

    recommended-badge

    ₹ 3,705 cr

    5

    recommended-badge

    ₹ 3,232 cr

    5

    amc-icon

    About the AMC

    PPFAS Asset Management Pvt. Ltd

    PPFAS Asset Management Pvt. Ltd manages assets worth 16,757 crores and was set up on 8 August 2011. It's current offering of mutual fund schemes includes 5 debt and 2 equity funds.

    amc-img

  • tel-amc-about
    022-61406555
  • mail-amc-about
    priyah@ppfas.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    26.6%

    21.4%

    4.5%

    4.7%

    %

    33.3%

    -0.1%

    0.1%

    0%

    0%

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Parag Parikh Tax Saver Fund (G)

    About Parag Parikh Tax Saver Fund (G)

    Parag Parikh Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 33.3% over a period of 2 years. . The fund is managed by PPFAS Asset Management Pvt. Ltd. The fund managers are Rajeev Thakkar, Raj Mehta, Raunak Onkar

    Parag Parikh Tax Saver Fund (G) Investment Objective

    To seek to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. . However, there is no assurance that the objective of the scheme will be realized.

    Parag Parikh Tax Saver Fund (G) NAV,AUM,Risk

    The Parag Parikh Tax Saver Fund (G) fund was launched on Jul 26, 2019. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-09-23 is ₹18.64. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹283.726. The category risk of the Parag Parikh Tax Saver Fund (G) fund is Very High Risk. The fund charges 2.46 % as expense ratio.

    Parag Parikh Tax Saver Fund (G) Holdings

    The fund’s highest allocation is towards Equity and has invested 81.3% in this asset class. The top three holdings of the fund are , treps , bajaj holdings and investment ltd , itc ltd , tata consultancy services ltd , hcl technologies ltd , wipro ltd , indian energy exchange ltd , hero motocorp ltd , maruti suzuki india ltd , balkrishna industries ltd , persistent systems ltd , central depository services (india) ltd , axis bank ltd , icici bank ltd , mphasis ltd , multi commodity exchange of india ltd , ccl products (india) ltd , hdfc bank ltd , icra ltd , oracle financial services software ltd , cadila healthcare ltd , sun pharmaceuticals industries ltd , lupin ltd , dr reddy's laboratories ltd , ipca laboratories ltd

    Parag Parikh Tax Saver Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this is ₹1000 and you can increase this in multiples of ₹ 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.

    Parag Parikh Tax Saver Fund (G) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR

    Parag Parikh Tax Saver Fund (G) Review

    Parag Parikh Tax Saver Fund (G) has a score of 3 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Parag Parikh Tax Saver Fund (G) has a score of 2 out of 5 Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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