Parag Parikh ELSS Tax Saver Fund Direct Growth

Parag Parikh ELSS Tax Saver Fund Direct Growth

Equity

PPFAS Mutual Fund

Elss (Tax Savings)

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.

₹33.14

▲0.5%1D

NAV as on 14 May 2025

22.91%/per year

Since Inception

Absolute Gain%

▲▼

18350 people have invested ₹ 11.4Cr 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 (14-May-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
6.02%
8.42%
7.94%
3 Months
5.42%
9.05%
7.9%
6 Months
3.28%
2.44%
0.53%
1 Year
16.01%
8.78%
9.33%
3 Years
22.41%
18.65%
20.54%
5 Years
29.04%
24.52%
25.1%

Parag Parikh ELSS Tax Saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

1
/23
53% Performance
98% Risk Management
82% Cost

Ranked 1 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
Inception Returns
Parag Parikh ELSS Tax Saver Fund
1/23
5,085Cr
0.61%
16.01%
22.41%
22.91%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.35%
29.14%
16.76%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.2%
24.39%
18.23%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.43%
20.22%
19.46%
See all
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Consistently beats benchmark
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Lower volatility within category
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Lower probablity of downside risk
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Underperforms benchmarks during bull run

Parag Parikh ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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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 (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 80.7%

Debt & Cash 19.3%

Large cap
69.9%
Small cap
8.7%
Mid cap
2.1%
Cash allocation has gone down from 19.3% to 18.2%
Cash allocation has gone down from 19.3% to 18.2%
Debt allocation has gone up from 0.1% to 1%
Debt allocation has gone up from 0.1% to 1%

Parag Parikh ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 80.7%

Debt & Cash 19.3%

Financial Services
39.1%
Tech
16.7%
Consumer Cyclical
13.8%
Utilities
9.2%
Energy
8.2%
Consumer Defensive
7.6%
Health
4.1%
Industrial
1.1%
Basic Materials
0.3%

Top 3 Sectors in April were Financial Services, Corporate & Consumer Cyclical

Apr'25

Corporate

39%

Financial Services

38%

Consumer Cyclical

18%

Mar'25

Financial Services

38%

Corporate

35%

Consumer Cyclical

18%

Parag Parikh ELSS Tax Saver Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Top Stocks bought last month
Maharashtra Scooters Ltd's allocation increased from 5.02% to 5.74%
Maharashtra Scooters Ltd's allocation increased from 5.02% to 5.74%
Power Grid Corp Of India Ltd's allocation increased from 5.91% to 6.25%
Power Grid Corp Of India Ltd's allocation increased from 5.91% to 6.25%
Dr Reddy's Laboratories Ltd's allocation increased from 1.01% to 1.24%
Dr Reddy's Laboratories Ltd's allocation increased from 1.01% to 1.24%
Top Stocks sold last month
Bajaj Holdings and Investment Ltd's allocation decreased from 8.76 % to 8.62 %
Bajaj Holdings and Investment Ltd's allocation decreased from 8.76 % to 8.62 %
HDFC Bank Ltd's allocation decreased from 8.42 % to 8.11 %
HDFC Bank Ltd's allocation decreased from 8.42 % to 8.11 %
Coal India Ltd's allocation decreased from 6.06 % to 5.96 %
Coal India Ltd's allocation decreased from 6.06 % to 5.96 %

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 ratio0.61%
Benchmark
Nifty 500 TR INR
AUM₹5085 Cr
Inception Date26 July, 2019
Min Lumpsum/SIP₹500/₹1000
Exit Load0%
Lock In3 Years
TurnOver
9.46%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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 Raunak Onkar, Raj Mehta, Rajeev Thakkar. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Parag Parikh ELSS Tax Saver Fund Direct Growth has ₹5085 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Parag Parikh ELSS Tax Saver Fund Direct Growth has given a CAGR return of 22.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.01%, 22.41% and 29.04% respectively.

Holdings

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

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

Rajeev Thakkar

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

Learn more about PPFAS Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 5.1K Cr
₹ 4.9K Cr
₹ 4.5K Cr
  • AUM of the fund stands at 5.1K Cr as of Apr'25
  • AUM increased by 178.9 Cr between Apr'25 and Mar'25

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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

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

The current NAV of Parag Parikh ELSS Tax Saver Fund Direct Growth is ₹33.14 as on 14-May-2025.

What are the average returns of Parag Parikh ELSS Tax Saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
Parag Parikh ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.02%
6.02%
6 Month Returns
3.28%
3.28%
1 Year Returns
16.01%
16.01%
3 Years Returns
83.43%
22.41%

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

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Parag Parikh ELSS Tax Saver Fund Direct Growth?

0.61% as on April 2025

What is net assets under management (AUM) of Parag Parikh ELSS Tax Saver Fund Direct Growth?

₹5085 Cr as on April 2025

What are the top 5 holdings of Parag Parikh ELSS Tax Saver Fund Direct Growth?

HDFC Bank Ltd(8.24%), Bajaj Holdings and Investment Ltd(7.98%), Power Grid Corp Of India Ltd(6.39%), Coal India Ltd(5.84%), Maharashtra Scooters Ltd(5.66%) as on April 2025

What are the top 3 sectors that this Parag Parikh ELSS Tax Saver Fund Direct Growth has invested in?

Financial Services(30.49%), Consumer Cyclical(14.55%), Tech(12.67%) as on April 2025

What is the alpha of Parag Parikh ELSS Tax Saver Fund Direct Growth?

The alpha ratio for the Parag Parikh ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Parag Parikh ELSS Tax Saver Fund Direct Growth
7.03
6.44
9.8
As on April 2025
The alpha for Parag Parikh ELSS Tax Saver Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Parag Parikh ELSS Tax Saver Fund Direct Growth??

The Beta ratio for the Parag Parikh ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Parag Parikh ELSS Tax Saver Fund Direct Growth
0.71
0.64
0.63
As on April 2025
The Beta for Parag Parikh ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Parag Parikh ELSS Tax Saver Fund Direct Growth?

The sharpe ratio for the Parag Parikh ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Parag Parikh ELSS Tax Saver Fund Direct Growth
0.6
1.17
1.84
As on April 2025
The sharpe ratio for Parag Parikh ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Parag Parikh ELSS Tax Saver Fund Direct Growth?

The standard deviation for the Parag Parikh ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Parag Parikh ELSS Tax Saver Fund Direct Growth
12.12
10.47
11.14
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Parag Parikh ELSS Tax Saver Fund Direct Growth?

Sortino ratio is 2.12 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of Parag Parikh ELSS Tax Saver Fund Direct Growth?

Information ratio is 0.65 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

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

Raunak Onkar, Raj Mehta, Rajeev Thakkar are the fund managers of Parag Parikh ELSS Tax Saver Fund Direct Growth

What is the exit load of Parag Parikh ELSS Tax Saver Fund Direct Growth?

The Exit load of Parag Parikh ELSS Tax Saver Fund Direct Growth is 0%