- Mutual Funds
- Parag Parikh Mutual Fund
- Parag Parikh ELSS Tax Saver Fund (Growth)
Formerly Parag Parikh Tax Saver Reg Gr
Parag Parikh ELSS Tax Saver Fund (Growth)
₹ 26.306
NAV (Apr 18)
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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 26.306
NAV (Apr 18)
Fund Returns
Last 1Y | 30.5% |
Last 3Y | 21.3% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 22.7% |
6 Month CAGR | 12.7% |
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 | 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 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Parag Parikh ELSS Tax Saver Fund (Growth) | 12,60,667 | 5,28,055 | 21.3% | |
| 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
11.5%hdfc bank ltd
7.9%bajaj holdings and investment ltd
6.6%coal india ltd
6%power grid corp of india ltd
6%Allocation by Sector
financial services
29.1%technology
16%consumer cyclical
10.9%utilities
6.9%consumer defensive
6.6%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 14,075 cr | ||
₹ 17,313 cr | ||
₹ 21,475 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
PPFAS Asset Management Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
21.1% | 19.5% | ||
5.2% | 5% | ||
21.3% | 22.7% | ||
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 22.7% 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 4/18/2024 is ₹26.31 with the total AUM as of 4/19/2024 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 30.5% 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)?
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.