- Mutual Funds
- Parag Parikh Mutual Fund
- Parag Parikh Tax Saver Fund (Growth)
Parag Parikh Tax Saver Fund (Growth)
₹ 21.1002
NAV (Jun 02)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 21.1002
NAV (Jun 2)
Fund Returns
Last 1Y | 15.6% |
Last 3Y | 28.7% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 21.4% |
6 Month CAGR | 3% |
Scheme Information
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 | 2.2 |
Launched (4y ago) | Jul 26, 2019 |
AUM in Crores | 1356.092 |
ISIN | INF879O01092 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 11.9 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0.63 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.912 |
Sharpe Ratio (5yr) | 0 |
YTM | 0 |
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Parag Parikh Tax Saver Fund (Growth) | NaN | NaN | % | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
clearing corporation of india ltd
12.4%housing development finance corp ltd
7.8%bajaj holdings and investment ltd
7.6%icici bank ltd
6%axis bank ltd
5.7%Allocation by Sector
financial services
32%technology
17.5%consumer cyclical
9.6%consumer defensive
6.3%utilities
5%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 8,056 cr | ||
₹ 14,448 cr | ||
₹ 10,178 cr | ||
₹ 8,860 cr | ||
₹ 7,811 cr |
About the AMC
PPFAS Asset Management Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
28.2% | 18.4% | ||
4% | 4.7% | ||
28.7% | 21.4% | ||
- | 7.8% | ||
- | 0.1% |
Parag Parikh Tax Saver Fund (G) Review
Parag Parikh Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 21.4% over a period of 3 years. The fund is managed by PPFAS Asset Management Pvt. Ltd. The fund managers are Rajeev Thakkar, Raj Mehta, Raunak Onkar, Rukun Tarachandani.
Nav of Parag Parikh Tax Saver Fund (G) as of 6/2/2023 is ₹21.10 with the total AUM as of 6/4/2023 is ₹1356.092. With Scripbox you can compare and check the latest nav for all mutual funds in India. Parag Parikh 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 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 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 IISL Nifty 500 TR INR.
Parag Parikh Tax Saver Fund (G) is rated as a 0 fund in Equity and delivered 15.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Parag Parikh Tax Saver Fund (G).
Frequently Asked Questions
What is Parag Parikh Tax Saver Fund (G)?
How to invest in Parag Parikh Tax Saver Fund (G)?
You can invest in Parag Parikh 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 Tax Saver Fund (G)?
The minimum sip amount for Parag Parikh Tax Saver Fund (G) is ₹1000. You can invest in multiples of ₹500.
Is Parag Parikh Tax Saver Fund (G) good to invest in?
As per Scripbox experts, Parag Parikh Tax Saver Fund (G) is a Not Reviewed Yet fund. You can investParag Parikh 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 Tax Saver Fund (G)?
The expense ratio of the Parag Parikh Tax Saver Fund (G) is 2.2% for regular plan.