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  • Parag Parikh ELSS Tax Saver Fund (G)
Parag Parikh Mutual Fund

Parag Parikh ELSS Tax Saver Fund (G)

EquityTax Saving

30.5437

NAV (Oct 07)

24.817%
5 Year CAGR
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

Downside Protection Measure

Category Leader

The fund has been a Category Leader on the Downside Protection Measure metric

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

30.5437

NAV (Oct 7)

Fund Returns

Last 1Y
35.5%
Last 3Y
18.5%
Last 5Y
24.8%
Last 10Y
NA
Since Inception
24.2%
6 Month CAGR
15.8%

Scheme Information

Investment Objective

The Scheme seeks 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)

Expense Ratio
1.72
Launched (0y ago)
1.72
AUM in Crores
4152.3
ISIN
INF879O01092
Lock-in
1095
Benchmark
NIFTY 500 Total Return Index
SIP Minimum
1000
Lumpsum Min.
500
Standard Deviation (3yr)
-
Standard Deviation
10
Beta
0.7
Sharpe Ratio
1.5
YTM
-
Fund Managers

Mansi Kariya

Fund Manager

Rajeev Thakkar

Fund Manager

Raj Mehta

Fund Manager

Raunak Onkar

Fund Manager

Rukun Tarachandani

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Parag Parikh ELSS Tax Saver Fund (G)70%13,89,732 6,57,12024.8%
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 2023-12-21

Top Stock Holdings

Bajaj Holdings & Investment Ltd.

8.2%
8.21%

Others

8.1%
8.11%

HDFC Bank Ltd.

8%
8.04%

Coal India Ltd.

6.3%
6.31%

Power Grid Corporation Of India Ltd.

6.2%
6.16%
See all holdings

Allocation by Sector

Financial

29.62%
29.62%

Technology

14.43%
14.43%

Automobile

11.9%
11.9%

Consumer Staples

7.22%
7.22%

Energy

7.21%
7.21%
See all sectors

Comparison with Equity Funds

Fund NameFund Size
mirae-asset-global
Mirae Asset ELSS Tax Saver Fund (G)

₹ 26,041 cr

₹ 23,712 cr

₹ 64,222 cr

₹ 50,154 cr

₹ 17,488 cr

amc-img

About the AMC

PPFAS Mutual Fund

Parag Parikh Financial Advisory Services Ltd promotes PPFAS Asset Management Company (PPFAS AMC). PPFAS was incorporated in 1992 as a boutique investment advisory firm. amc-img
phone-img022 6906 6100, 91 22 6140 6555
email-imgmf@ppfas.com
Fund NameScripbox Opinion
Till Date CAGR

17.217%

20.121%

18.461%

24.208%

5.732%

5.163%

-

6.803%

11.134%

11.297%

Parag Parikh ELSS Tax Saver Fund (G) Review

Parag Parikh ELSS Tax Saver Fund (G) is a Equity Equity fund and has delivered an annualised return of 24.208% over a period of 5 years. The fund is managed by PPFAS Mutual Fund. 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 10/7/2024 is ₹30.54 with the total AUM as of 10/8/2024 is ₹4152.2538. 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 2019-07-24. The category risk of the fund is Low.

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 Total Return Index.

It is rated as a 3 fund in Equity and delivered 35.468% 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)?

It is a Equity 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, it is a 3 fund. You can invest in it 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 1.72% for regular plan.

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

Today's Parag Parikh ELSS Tax Saver Fund (G) NAV is ₹30.54.