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

Parag Parikh Tax Saver Fund (Growth)

EquityTax Saving

18.9886

NAV (Jan 21)

29.3%
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

3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

376 Cr. Small within the category

Category View

Positive. The category has a positive 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
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    Recommended Duration > 5 years
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    3 Years
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    Save Tax

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

Historical NAV

18.9886

NAV (Jan 21)

Fund Returns

Last 1Y

32.8%

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

29.3%

6 Month CAGR

13.7%

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Scheme Information

Investment Objective

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

Expense Ratio

2.29

Launched (3y ago)

Jul 26, 2019

AUM in Crores

375.271

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

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Raj Mehta

Fund Manager

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Raunak Onkar

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
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.

comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

₹ 23,716 cr

5

₹ 5,282 cr

5

₹ 5,841 cr

5

₹ 4,433 cr

5

₹ 3,651 cr

5

amc-icon

About the AMC

PPFAS Asset Management Pvt. Ltd

PPFAS Asset Management Pvt. Ltd manages assets worth 22,532 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

    28.7%

    20.5%

    4.1%

    4.5%

    -

    29.3%

    -0.1%

    0.1%

    -

    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
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    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 29.3% 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.

    Nav of Parag Parikh Tax Saver Fund (G) as of 21/01/2022 is ₹18.99 with the total AUM as of 24/01/2022 is ₹375.271. 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 3 fund in Equity and delivered 32.8% 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)?

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

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

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