Item: Parag Parikh ELSS Tax Saver Fund Direct Growth
Rating: 4
Author: Morningstar

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

31.526 (0.397%)

NAV on May 15, 2026

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Blend

Total Assets 5,617 cr

Turnover Ratio 22.27%

Expense Ratio 0.63%

Exit Load -

Returns

1M: -2.58%
1Y: -6.29%
3M: -4.98%
3Y: 13.05%
6M: -8.86%
5Y: 15.24%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Raj Mehta (Since almost 7 years) Rajeev Thakkar (Since almost 7 years) Raunak Onkar (Since almost 7 years) Rukun Tarachandani (Since about 4 years) Tejas Soman (Since 9 months) Aishwarya Dhar (Since 9 months)

ISIN INF879O01100

Fund Family PPFAS

P/E Ratio 18.60

P/B Ratio 2.16

Launch Date July 26, 2019

Benchmark Nifty 500 TR INR

SECTOR WEIGHTINGS (%)

Financial 34.56%

Industrial 3.76%

Technology 11.81%

Basic Materials 1.27%

Consumer Cyclical 8.03%

Utilities Services 8.64%

Healthcare Services 4.54%

Energy Services 7.36%

Communication Services 3.80%

Consumer Defensive 11.22%

Real Estate 5.01%

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
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	62.655	10.18%	4,659 cr	0.69%	High
Quant ELSS Tax Saver Growth Option Direct Plan	434.168	9.62%	12,506 cr	0.79%	High
Bank of India ELSS Tax Saver Fund Direct Plan Growth	189.160	3.85%	1,403 cr	0.77%	Above Average
SBI ELSS Tax Saver Fund Direct Growth	461.112	-0.73%	31,094 cr	0.99%	Above Average
DSP ELSS Tax Saver Fund Direct Plan Growth	150.352	-1.74%	16,337 cr	0.70%	Above Average
HSBC ELSS Tax saver Fund Direct Plan Growth Option	145.988	2.64%	3,939 cr	1.28%	Above Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	62.655	10.18%	4,659 cr	0.69%	High
Quant ELSS Tax Saver Growth Option Direct Plan	434.168	9.62%	12,506 cr	0.79%	High
Edelweiss ELSS Tax saver Direct Plan Growth Option	133.280	5.21%	437 cr	0.82%	Average
Tata ELSS Fund Growth Direct Plan	51.817	4.49%	4,519 cr	0.75%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	189.160	3.85%	1,403 cr	0.77%	Above Average
JM Tax Gain Fund (Direct) - Growth	54.790	2.84%	220 cr	1.01%	Above Average
SBI ELSS Tax Saver Fund Direct Growth	461.112	-0.73%	31,094 cr	0.99%	Above Average