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

Formerly Parag Parikh Tax Saver Reg Gr

Parag Parikh Mutual Fund

Parag Parikh ELSS Tax Saver Fund (Growth)

EquityTax Saving

26.6838

NAV (Apr 22)

NA
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

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 ->

Fund Size

Satisfactory

The performance of the fund on a Fund Size metric has been Satisfactory

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

26.6838

NAV (Apr 22)

Fund Returns

Last 1Y
32.5%
Last 3Y
22%
Last 5Y
NA
Last 10Y
NA
Since Inception
23%
6 Month CAGR
14.8%

Scheme Information

Investment Objective

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance) However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Expense Ratio
1.79
Launched (5y ago)
Jul 26, 2019
AUM in Crores
3174.821
ISIN
INF879O01092
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
1000
Lumpsum Min.
500
Standard Deviation (3yr)
10.1
Standard Deviation (5yr)
0
Beta (3yr)
0.66
Beta (5yr)
0
Sharpe Ratio (3yr)
1.499
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Raj Mehta

Fund Manager

Rajeev Thakkar

Fund Manager

Raunak Onkar

Fund Manager

Rukun Tarachandani

Fund Manager

Mansi Kariya

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Parag Parikh ELSS Tax Saver Fund (Growth)70%12,85,142 5,52,53022%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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.

Asset allocation and Holdings

Last updated on 2024-04-22

Top Stock Holdings

clearing corporation of india ltd

11.5%
11.5%

hdfc bank ltd

7.9%
7.9%

bajaj holdings and investment ltd

6.6%
6.6%

coal india ltd

6%
6%

power grid corp of india ltd

6%
6%
See all holdings

Allocation by Sector

financial services

29.1%
29.1%

technology

16%
16%

consumer cyclical

10.9%
10.9%

utilities

6.9%
6.9%

consumer defensive

6.6%
6.6%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 17,313 cr

₹ 14,075 cr

₹ 21,475 cr

₹ 53,505 cr

₹ 41,281 cr

amc-img

About the AMC

PPFAS Asset Management Pvt. Ltd

PPFAS Asset Management Pvt. Ltd manages assets worth 68,453 crores and was set up on 8 August 2011. It's current offering of mutual fund schemes includes 2 equity,5 debt and 3 hybrid funds.amc-img
phone-img022-61406555
Fund NameScripbox Opinion
Till Date CAGR

21.3%

19.5%

5.2%

5%

22%

23%

0.1%

0.1%

-

0%

Parag Parikh ELSS Tax Saver Fund (G) Review

Parag Parikh ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 23% over a period of 4 years. The fund was previously known as Parag Parikh Tax Saver Reg Gr. The fund is managed by PPFAS Asset Management Pvt. Ltd. The fund managers are Mansi Kariya, Rajeev Thakkar, Raj Mehta, Raunak Onkar, Rukun Tarachandani.

Nav of Parag Parikh ELSS Tax Saver Fund (G) as of 4/22/2024 is ₹26.68 with the total AUM as of 4/23/2024 is ₹3174.821. With Scripbox you can compare and check the latest nav for all mutual funds in India. Parag Parikh ELSS Tax Saver Fund (G) was launched on Jul 26, 2019. The category risk of the fund is Very High Risk.

The minimum SIP amount for Parag Parikh ELSS Tax Saver Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

Parag Parikh ELSS Tax Saver Fund (G) 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 Nifty 500 TR INR.

Parag Parikh ELSS Tax Saver Fund (G) is rated as a 3 fund in Equity and delivered 32.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Parag Parikh ELSS Tax Saver Fund (G).

Frequently Asked Questions

What is Parag Parikh ELSS Tax Saver Fund (G)?

Parag Parikh ELSS Tax Saver Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Parag Parikh ELSS Tax Saver Fund (G)?

You can invest in Parag Parikh ELSS Tax Saver Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Parag Parikh ELSS Tax Saver Fund (G)?

The minimum sip amount for Parag Parikh ELSS Tax Saver Fund (G) is ₹1000. You can invest in multiples of ₹500.

Is Parag Parikh ELSS Tax Saver Fund (G) good to invest in?

As per Scripbox experts, Parag Parikh ELSS Tax Saver Fund (G) is a Neutral fund. You can investParag Parikh ELSS Tax Saver Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Parag Parikh ELSS Tax Saver Fund (G)?

The expense ratio of the Parag Parikh ELSS Tax Saver Fund (G) is 1.79% for regular plan.