Parag Parikh ELSS Tax Saver Fund

Parag Parikh ELSS Tax Saver Fund

Equity

PPFAS Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Parag Parikh ELSS Tax Saver Fund. 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.

₹31.00

▼-2.3%1D

NAV as on 19 Mar 2026

18.53%/per year

Since Inception

Absolute Gain%

▲▼

15068 people have invested ₹ 7.1Cr in Parag Parikh ELSS Tax Saver Fund 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 (19-Mar-26)

The fund has outperformed the benchmark (Nifty 500) over 3Y, 5Y, but underperformed over 1Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-7.05%
-9.81%
-11.36%
-1.25%
14.56%
15.53%
Nifty 500
-8.18%
-9.66%
-8.92%
2.52%
14.05%
11.68%
Elss (Tax Savings) Avg
-7.16%
-6.79%
-7.68%
5.21%
15.59%
13.6%
Best in Elss (Tax Savings)
-3.27%
-2.72%
-3.81%
13.2%
22.98%
19.43%
Worst in Elss (Tax Savings)
-9.46%
-11.55%
-14.7%
-0.03%
6.74%
8.53%
Category Rank
4/23
3/23
1/23
1/23
2/23
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Parag Parikh ELSS Tax Saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

5
/23
31% Performance
83% Risk Management
93% Cost

Ranked 5 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Parag Parikh ELSS Tax Saver Fund
5/23
5,721Cr
0.62%
-1.25%
14.56%
1.79
0.70
1.00
1.74
-0.27
HDFC ELSS TaxSaver Fund
1/23
16,618Cr
1.08%
6.1%
19.64%
5.37
0.83
1.34
2.63
1.26
SBI ELSS Tax Saver Fund
2/23
32,171Cr
0.92%
1.68%
21.2%
6.51
0.97
1.32
2.48
1.96
DSP ELSS Tax Saver Fund
3/23
17,250Cr
0.74%
6.6%
19.9%
3.82
0.97
1.14
2.09
1.19
See all
Positive: Lower volatility within category
Lower volatility within category
Positive: Protects capital during bear phase
Protects capital during bear phase
Positive: Recovers losses quickly
Recovers losses quickly
Negative: Underperforms benchmarks during bull run
Underperforms benchmarks during bull run

Parag Parikh ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Parag Parikh ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

Large cap
70.4%
Small cap
15.1%
Mid cap
2.3%
Mid Cap allocation has gone down from 2.8% to 2.3%
Mid Cap allocation has gone down from 2.8% to 2.3%
Large Cap allocation has gone up from 69.6% to 70.4%
Large Cap allocation has gone up from 69.6% to 70.4%
Small Cap allocation has gone up from 14.6% to 15.1%
Small Cap allocation has gone up from 14.6% to 15.1%
Cash allocation has gone down from 11.5% to 8.5%
Cash allocation has gone down from 11.5% to 8.5%
Debt allocation has gone up from 1.5% to 1.9%
Debt allocation has gone up from 1.5% to 1.9%

Parag Parikh ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Financial Services
34.3%
Consumer Cyclical
19.1%
Tech
13%
Consumer Defensive
9.1%
Utilities
7%
Energy
6.5%
Health
5.1%
Communication
4.2%
Industrial
1.2%
Basic Materials
0.6%

Top 3 Sectors in February were Financial Services, Corporate & Tech

Feb'26

Financial Services

38%

Corporate

32%

Government

14%

Jan'26

Financial Services

39%

Corporate

35%

Tech

13%

Parag Parikh ELSS Tax Saver Fund Holdings Details

as on (28-Feb-26)

Top Stocks bought last month
Power Grid Corp Of India Ltd's allocation increased from 6.07% to 7.12%
Power Grid Corp Of India Ltd's allocation increased from 6.07% to 7.12%
VST Industries Ltd's allocation increased from 0.39% to 0.85%
VST Industries Ltd's allocation increased from 0.39% to 0.85%
Dr Reddy's Laboratories Ltd's allocation increased from 1.01% to 1.37%
Dr Reddy's Laboratories Ltd's allocation increased from 1.01% to 1.37%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.69 % to 7.4 %
HDFC Bank Ltd's allocation decreased from 7.69 % to 7.4 %
Coal India Ltd's allocation decreased from 6.27 % to 6.18 %
Coal India Ltd's allocation decreased from 6.27 % to 6.18 %
Maharashtra Scooters Ltd's allocation decreased from 5.51 % to 5.48 %
Maharashtra Scooters Ltd's allocation decreased from 5.51 % to 5.48 %

Parag Parikh ELSS Tax Saver Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.62%
Benchmark
Nifty 500 TR INR
AUM₹5721 Cr
Inception Date26 July, 2019
Min Lumpsum/SIP₹500/₹1,000
Exit Load0%
Lock In3 Years
TurnOver
22.27%
Risk
Risk meter
pointer
Very High Risk

About Parag Parikh ELSS Tax Saver Fund

Parag Parikh ELSS Tax Saver Fund is an equity fund. This fund was started on 26 July, 2019. The fund is managed by Raj Mehta, Rukun Tarachandani, Raunak Onkar, Rajeev Thakkar, Tejas Soman, Aishwarya Dhar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Parag Parikh ELSS Tax Saver Fund has ₹5721 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Parag Parikh ELSS Tax Saver Fund has given a CAGR return of 18.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.25%, 14.56% and 15.53% respectively.

Holdings

Parag Parikh ELSS Tax Saver Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Tech, Consumer Defensive, Consumer Cyclical, Utilities, Energy, Health, Industrial, Communication, Real Estate, Basic Materials. Its top holdings are HDFC Bank Ltd, Power Grid Corp Of India Ltd, Bajaj Holdings and Investment Ltd, Coal India Ltd, Maharashtra Scooters 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 benefit
Dividends 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

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 of 3 Years

Fund Manager

Raj Mehta

Fund Manager of Parag Parikh ELSS Tax Saver Fund, since 26 July 2019

Rukun Tarachandani

Fund Manager of Parag Parikh ELSS Tax Saver Fund, since 16 May 2022

Raunak Onkar

Fund Manager of Parag Parikh ELSS Tax Saver Fund, since 26 July 2019

Rajeev Thakkar

Fund Manager of Parag Parikh ELSS Tax Saver Fund, since 26 July 2019

Tejas Soman

Fund Manager of Parag Parikh ELSS Tax Saver Fund, since 1 September 2025

Aishwarya Dhar

Fund Manager of Parag Parikh ELSS Tax Saver Fund, since 1 September 2025

Learn more about PPFAS Mutual Fund
Parameters
Feb'26
Jan'26
Dec'25
AUM
₹ 5.7K Cr
₹ 5.8K Cr
₹ 5.9K Cr
  • AUM of the fund stands at 5.7K Cr as of Feb'26
  • AUM decreased by 47.4 Cr between Feb'26 and Jan'26

Compare Parag Parikh ELSS Tax Saver Fund

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Frequently Asked Questions for Parag Parikh ELSS Tax Saver Fund

How do I invest in Parag Parikh ELSS Tax Saver Fund?

INDmoney makes it simple to invest in the Parag Parikh ELSS Tax Saver Fund. To do so, follow the steps below:
  • 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.

What is the current NAV of Parag Parikh ELSS Tax Saver Fund?

The NAV of the fund today is ₹31.00. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Parag Parikh ELSS Tax Saver Fund fund has generated a return of -1.25% in 1 year, 14.56% in 3 years, 15.53% in 5 years.

Who is the fund manager of Parag Parikh ELSS Tax Saver Fund?

The fund managers are Raj Mehta, Rukun Tarachandani, Raunak Onkar, Rajeev Thakkar, Tejas Soman, Aishwarya Dhar.

What is the expense ratio of the fund?

The expense ratio is 0.62%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹5721 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Parag Parikh ELSS Tax Saver Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(7.4%), Power Grid Corp Of India Ltd(7.12%), Bajaj Holdings and Investment Ltd(6.66%)