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

31.389 (-0.621%)

NAV on February 21, 2025

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 4,572 cr

Turnover Ratio 9.46%

Expense Ratio 0.63%

Exit Load -

Returns

1M: -0.18%
1Y: 11.58%
3M: -1.23%
3Y: 17.87%
6M: -2.54%
5Y: 23.05%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Raj Mehta (Since over 5 years) Rajeev Thakkar (Since over 5 years) Raunak Onkar (Since over 5 years) Rukun Tarachandani (Since almost 3 years) Mansi Kariya (Since about 1 year)

ISIN INF879O01100

Fund Family PPFAS

P/E Ratio 18.72

P/B Ratio 2.20

Launch Date July 26, 2019

Benchmark Nifty 500 TR INR

SECTOR WEIGHTINGS (%)

Financial 37.56%

Industrial 0.82%

Technology 17.12%

Basic Materials 0.25%

Consumer Cyclical 17.38%

Utilities Services 7.99%

Healthcare Services 4.59%

Energy Services 7.60%

Communication Services 0.00%

Consumer Defensive 6.69%

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.

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Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Parag Parikh ELSS Tax Saver Fund Direct Growth	31.389	11.58%	4,572 cr	0.63%	Low
DSP ELSS Tax Saver Fund Direct Plan Growth	139.129	11.32%	15,985 cr	0.72%	Average
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	50.111	10.53%	3,876 cr	0.70%	High
SBI Long Term Equity Fund Direct Growth	430.478	9.80%	27,306 cr	0.95%	Above Average
JM Tax Gain Fund (Direct) - Growth	49.554	9.49%	180 cr	1.20%	Above Average
Kotak ELSS Tax Saver-Scheme-Growth - Direct	120.032	4.88%	5,893 cr	0.67%	Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	164.540	-2.95%	1,330 cr	0.80%	High

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HSBC ELSS Tax saver Fund Direct Plan Growth Option	129.553	12.89%	3,977 cr	1.12%	Above Average
LIC MF ELSS Tax Saver -Direct Plan Growth Option	158.718	12.83%	1,093 cr	0.97%	Average
Parag Parikh ELSS Tax Saver Fund Direct Growth	31.389	11.58%	4,572 cr	0.63%	Low
DSP ELSS Tax Saver Fund Direct Plan Growth	139.129	11.32%	15,985 cr	0.72%	Average
Quantum ELSS Tax Saver Fund - Growth	121.940	11.04%	212 cr	0.89%	Low
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	50.111	10.53%	3,876 cr	0.7%	High
HDFC ELSS TaxSaver -Direct Plan - Growth Option	1362.235	10.11%	15,413 cr	1.1%	Below Average