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

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

20.510 (-0.239%)

NAV on March 23, 2023

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Blend

Total Assets 1,147 cr

Turnover Ratio 7.57%

Expense Ratio 0.80%

Exit Load -

Returns

1M: -1.49%
1Y: 7.55%
3M: 0.71%
3Y: 37.51%
6M: 1.27%
5Y: N/A

Min Investment 500

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ADDITIONAL INFO

Fund Manager Raj Mehta (Since over 3 years) Rajeev Thakkar (Since over 3 years) Raunak Onkar (Since over 3 years) Rukun Tarachandani (Since 10 months)

ISIN INF879O01100

Fund Family PPFAS

P/E Ratio 15.08

P/B Ratio 1.79

Launch Date July 26, 2019

Benchmark IISL Nifty 500 TR INR

SECTOR WEIGHTINGS (%)

Financial 39.46%

Industrial 2.19%

Technology 18.37%

Basic Materials 1.75%

Consumer Cyclical 12.45%

Utilities Services 6.26%

Healthcare Services 5.83%

Energy Services 6.18%

Communication Services 0.00%

Consumer Defensive 7.52%

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 Tax Saver Fund Direct Growth	20.510	7.55%	1,147 cr	0.80%	Below Average
PGIM India ELSS Tax Saver Fund Dir Gr	26.260	2.38%	451 cr	1.00%	Average
DSP Tax Saver Fund Direct Plan Growth	86.290	1.46%	10,129 cr	0.81%	Above Average
Bank of India Tax Advantage Fund Direct Plan Growth	108.810	0.55%	677 cr	1.31%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	32.998	0.08%	14,043 cr	0.58%	Above Average
HSBC ELSS Fund Direct Plan Growth Option	81.704	-1.67%	3,007 cr	1.16%	Above Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC TaxSaver -Direct Plan - Growth Option	836.984	9.69%	9,723 cr	1.15%	Average
SBI Long Term Equity Fund Direct Growth	246.320	8.28%	12,073 cr	1.07%	Average
Motilal Oswal Long Term Equity Fund Direct Plan Growth	29.392	7.82%	2,188 cr	0.78%	Above Average
Parag Parikh Tax Saver Fund Direct Growth	20.510	7.55%	1,147 cr	0.8%	Below Average
Taurus Tax Shield-Direct Plan-Growth Option	126.020	7.01%	60 cr	1.73%	Below Average
Bandhan Tax Advantage (ELSS) Fund - Direct Plan - Growth	109.282	2.53%	4,024 cr	0.75%	High
PGIM India ELSS Tax Saver Fund Dir Gr	26.260	2.38%	451 cr	1.0%	Average