Parag Parikh ELSS Tax Saver Fund Direct Growth
Get the latest NAV of Parag Parikh ELSS Tax Saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹34.36
1D
NAV as on 16 Jun 2025
23.14%/per year
Since Inception
▲▼
17618 people have invested ₹ 10.2Cr in Parag Parikh ELSS Tax Saver Fund Direct Growth in the last three months
Parag Parikh ELSS Tax Saver Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (16-Jun-25)
The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.
Parag Parikh ELSS Tax Saver Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 1 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.
Parag Parikh ELSS Tax Saver Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Parag Parikh ELSS Tax Saver Fund Asset Allocation
See fund asset allocation details as on (14-Jun-25)
Fund Distribution
as on (14-Jun-25)
Equity 82.3%
Debt & Cash 17.7%
Parag Parikh ELSS Tax Saver Fund Sector Allocation
See fund sector allocation details as on (14-Jun-25)
Sector Allocation
Equity 82.3%
Debt & Cash 17.7%
Top 3 Sectors in May were Corporate, Financial Services & Consumer Cyclical
Corporate
45%
Financial Services
37%
Consumer Cyclical
18%
Corporate
39%
Financial Services
38%
Consumer Cyclical
18%
Parag Parikh ELSS Tax Saver Fund Holdings Details
as on (31-May-25)
Equity
Debt & Cash
Parag Parikh ELSS Tax Saver Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.62% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹5294 Cr |
| Inception Date | 26 July, 2019 |
| Min Lumpsum/SIP | ₹500/₹1000 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 9.46% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About Parag Parikh ELSS Tax Saver Fund
Parag Parikh ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 26 July, 2019. The fund is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta. The fund could potentially beat inflation in the long-run.
Key Parameters
- Parag Parikh ELSS Tax Saver Fund Direct Growth has ₹5294 Cr worth of assets under management (AUM) as on May 2025 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Parag Parikh ELSS Tax Saver Fund Direct Growth has given a CAGR return of 23.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.08%, 23.31% and 27.80% respectively.
Holdings
Parag Parikh ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Financial Services, Consumer Cyclical, Tech, Government, Energy, Utilities, Consumer Defensive, Health, Communication, Industrial, Basic Materials. Its top holdings are Bajaj Holdings and Investment Ltd, HDFC Bank Ltd, Maharashtra Scooters Ltd, Coal India Ltd, Power Grid Corp Of India Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Parag Parikh ELSS Tax Saver Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 1000.00. There is a lock in period for Parag Parikh ELSS Tax Saver Fund Direct Growth of 3 Years
Fund Manager
Rajeev Thakkar
Fund Manager of Parag Parikh ELSS Tax Saver Fund Direct Growth, since 26 July 2019
Raunak Onkar
Fund Manager of Parag Parikh ELSS Tax Saver Fund Direct Growth, since 26 July 2019
Raj Mehta
Fund Manager of Parag Parikh ELSS Tax Saver Fund Direct Growth, since 26 July 2019
- AUM of the fund stands at 5.3K Cr as of May'25
- AUM increased by 209.6 Cr between May'25 and Apr'25
More funds from PPFAS
5Y CAGR
▲ 27.42
Compare Parag Parikh ELSS Tax Saver Fund
Parag Parikh ELSS Tax Saver Fund
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Axis ELSS Tax Saver Fund Direct Growth
Frequently Asked Questions for Parag Parikh ELSS Tax Saver Fund Direct Growth
How do I invest in Parag Parikh ELSS Tax Saver Fund?
- Download the INDmoney app.
- Search for ‘Parag Parikh ELSS Tax Saver Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.