₹ 14.6077
NAV (Mar 02)
Neutral
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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).
Track Record
2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
Relative Size
117 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 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.
No single fund can achieve what a plan can. Learn why
Scheme Information
To seek to generate long term capital growth from an actively managed portfolio primarily of equity and equity related Securities.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
2.36 %
Expense Ratio
Jul 26, 2019
Launched (2y ago)
₹ 117
AUM in Crores
INF879O01092
ISIN
3
Lock-in
IISL Nifty 500 TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 500
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 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.
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.
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About the AMC
PPFAS Asset Management Pvt. Ltd
PPFAS Asset Management Pvt. Ltd manages assets worth 8,141 crores and was set up on 8 August 2011. It's current offering of mutual fund schemes includes 5 debt and 2 equity funds.
Diversified
Recommended
Top Ranked
₹ 6,824 Cr
Fund Size
17.4%
3Y returns
Liquid
₹ 1,200 Cr
Fund Size
N/A
3Y returns
Tax Saving
₹ 116 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,200 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,200 Cr
Fund Size
N/A
3Y returns
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.
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Parag Parikh Tax Saver Fund (G) is a tax saving equity fund and has delivered an annualised return of 26.6% 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
To seek to generate long term capital growth from an actively managed portfolio primarily of equity and equity related Securities. However, there is no assurance that the objective of the scheme will be realized.
The Parag Parikh Tax Saver Fund (G) fund was launched on Jul 26, 2019. The NAV (Net Asset Value) of this tax saving equity as of 2021-03-02 is ₹ 14.6077. The total AUM (Asset Under Management) of the fund as of 2021-03-03 is ₹ 116.027. The category risk of the Parag Parikh Tax Saver Fund (G) fund is Very High Risk. The fund charges 2.36 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 81.0% in this asset class. The top three holdings of the fund are bajaj holdings and investment ltd,itc ltd and indian energy exchange ltd
The minimum SIP (Systematic Investment Plan) amount for this 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.
This fund 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) has a score of 3 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Parag Parikh Tax Saver Fund (G) has a score of 2 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.