Item: Parag Parikh ELSS Tax Saver Fund Direct Growth
Rating: 5
Author: Morningstar

Home › Mutual Funds › PPFAS Mutual Fund › Parag Parikh ELSS Tax Saver Fund Direct Growth

32.713 (0.092%)

NAV on October 23, 2024

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 4,362 cr

Turnover Ratio 9.46%

Expense Ratio 0.62%

Exit Load -

Returns

1M: -3.25%
1Y: 35.03%
3M: 3.43%
3Y: 19.12%
6M: 15.24%
5Y: 25.24%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Raj Mehta (Since about 5 years) Rajeev Thakkar (Since about 5 years) Raunak Onkar (Since about 5 years) Rukun Tarachandani (Since over 2 years) Mansi Kariya (Since 10 months)

ISIN INF879O01100

Fund Family PPFAS

P/E Ratio 20.14

P/B Ratio 2.50

Launch Date July 26, 2019

Benchmark Nifty 500 TR INR

SECTOR WEIGHTINGS (%)

Financial 37.6%

Industrial 1.18%

Technology 16.47%

Basic Materials 1.12%

Consumer Cyclical 15.05%

Utilities Services 9.11%

Healthcare Services 4.11%

Energy Services 7.86%

Communication Services 0.00%

Consumer Defensive 7.50%

Real Estate 0.00%

INVESTMENT OBJECTIVE

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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
SBI Long Term Equity Fund Direct Growth	467.578	52.94%	28,733 cr	0.93%	Above Average
JM Tax Gain Fund (Direct) - Growth	56.306	51.00%	187 cr	1.15%	Above Average
DSP ELSS Tax Saver Fund Direct Plan Growth	151.533	47.46%	17,771 cr	0.74%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	191.670	46.67%	1,486 cr	0.84%	High
Quant ELSS Tax Saver Growth Option Direct Plan	424.987	45.76%	11,561 cr	0.65%	High
Kotak ELSS Tax Saver-Scheme-Growth - Direct	135.211	37.76%	6,501 cr	0.57%	Below Average
Parag Parikh ELSS Tax Saver Fund Direct Growth	32.713	35.03%	4,362 cr	0.62%	Low

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	60.579	68.81%	4,195 cr	0.64%	High
SBI Long Term Equity Fund Direct Growth	467.578	52.94%	28,733 cr	0.93%	Above Average
JM Tax Gain Fund (Direct) - Growth	56.306	51.00%	187 cr	1.15%	Above Average
HSBC ELSS Tax saver Fund Direct Plan Growth Option	143.752	49.47%	4,485 cr	1.09%	Above Average
DSP ELSS Tax Saver Fund Direct Plan Growth	151.533	47.46%	17,771 cr	0.74%	Above Average
Quant ELSS Tax Saver Growth Option Direct Plan	424.987	45.76%	11,561 cr	0.65%	High
HDFC ELSS TaxSaver -Direct Plan - Growth Option	1453.527	44.40%	16,761 cr	1.08%	Below Average