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

28.677 (-0.079%)

NAV on April 26, 2024

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 3,175 cr

Turnover Ratio 4.77%

Expense Ratio 0.69%

Exit Load -

Returns

1M: 3.24%
1Y: 34.52%
3M: 6.76%
3Y: 23.84%
6M: 20.23%
5Y: N/A

Min Investment 500

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ADDITIONAL INFO

Fund Manager Raj Mehta (Since almost 5 years) Rajeev Thakkar (Since almost 5 years) Raunak Onkar (Since almost 5 years) Rukun Tarachandani (Since almost 2 years) Mansi Kariya (Since 4 months)

ISIN INF879O01100

Fund Family PPFAS

P/E Ratio 19.19

P/B Ratio 2.62

Launch Date July 26, 2019

Benchmark Nifty 500 TR INR

SECTOR WEIGHTINGS (%)

Financial 35.47%

Industrial 1.07%

Technology 19.47%

Basic Materials 2.09%

Consumer Cyclical 13.34%

Utilities Services 8.48%

Healthcare Services 4.73%

Energy Services 7.28%

Communication Services 0.00%

Consumer Defensive 8.06%

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 Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Quant ELSS Tax Saver Growth Option Direct Plan		413.284	64.10%	8,342 cr	0.76%	High

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
SBI Long Term Equity Fund Direct Growth	414.556	62.50%	21,976 cr	0.96%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	181.490	57.91%	1,210 cr	1.19%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	129.261	45.07%	14,076 cr	0.79%	Average
Kotak ELSS Tax Saver-Scheme-Growth - Direct	122.805	42.04%	5,295 cr	0.56%	Below Average
Parag Parikh ELSS Tax Saver Fund Direct Growth	28.677	34.52%	3,175 cr	0.69%	Low
HSBC ELSS Tax saver Fund Direct Plan Growth Option	123.442	45.32%	3,674 cr	1.12%	Average

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant ELSS Tax Saver Growth Option Direct Plan		413.284	64.10%	8,342 cr	0.76%	High

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	49.774	63.31%	3,205 cr	0.67%	High
SBI Long Term Equity Fund Direct Growth	414.556	62.50%	21,976 cr	0.96%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	181.490	57.91%	1,210 cr	1.19%	High
HDFC ELSS TaxSaver -Direct Plan - Growth Option	1280.727	47.45%	13,990 cr	1.14%	Below Average

Other Equity funds by PPFAS

Parag Parikh Flexi Cap Direct Growth

Flexi-Cap

Parag Parikh ELSS Tax Saver Fund Direct Growth

previously known as Parag Parikh Tax Saver Dir Gr until December 11, 2023