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Parag Parikh Tax Saver Fund

Parag Parikh Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

24.15

as on 16 Aug 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,148 today.

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NAV Performance

Parag Parikh Tax Saver Fund performance graph for last 3 years
Performance of Parag Parikh Tax Saver Fund for last 3 Years

Fund Information

  • ₹ 19.163

    as on 16 Aug 2022
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 337 Cr.

    as on 31 Dec 2021
  • 2.29%

  • 24 Jul 2019

  • Equity - ELSS

  • Nifty 500 TRI

  • PPFAS Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

Parag Parikh Tax Saver Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 24 Jul 2019. This fund is offered by one of the top AMC (Assets Management Company) PPFAS Mutual Fund. You can also view here all other Equity funds offered by PPFAS Mutual Fund.

Latest NAV of the fund is ₹ 19.163 as on 16 Aug 2022.

This fund has 3 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.29%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments.

List of Fund Managers of Parag Parikh Tax Saver Fund

  • About Rajeev Thakkar

    Picture of Rajeev ThakkarMr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP. He has been associated with PPFAS AMC since 2013.
  • About Raunak Onkar

    Picture of Raunak OnkarMr.Onkar is an MMS (Finance) from the University of Mumbai. His has been associated with PPFAS Limited for quite a few years.
  • About Raj Mehta

    Picture of Raj MehtaMr. Mehta is a B.Com and M.Com from Mumbai University, CA and CFA Level III Pass. Prior to joining PPFAS AMC as a Research Analyst he was associated with the AMC as an intern since 2012. He has collectively over 3 years of experience in investment research.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 12.72% 15.25% 8.98% 17.83% 46.92% 38.54% 21.66% 20.80% 16.43% 32.02% 41.83% 30.21% 23.62%
Category Average 9.73% 12.35% 2.46% 7.18% 28.14% 19.33% 11.68% 15.44% 7.41% 17.40% 21.55% 15.76% 14.69%
Parag Parikh Tax Saver Fund 8.15%₹ 10,815 9.45%₹ 10,944 2.18%₹ 10,218 13.01%₹ 11,301 8.99%₹ 12,574 28.51%₹ 16,536 19.57%₹ 29,056 24.15%₹ 19,148 25.22%₹ 51,880 - - - -
DSP Tax Saver Fund 8.92%₹ 10,892 11.62%₹ 11,161 2.29%₹ 10,229 4.66%₹ 10,465 6.68%₹ 12,428 31.15%₹ 17,227 18.86%₹ 28,866 20.73%₹ 17,605 23.01%₹ 50,330 13.15%₹ 18,552 17.65%₹ 93,196 17.48%₹ 50,126 16.47%₹ 2,84,661
Mirae Asset Tax Saver Fund 9.38%₹ 10,938 11.27%₹ 11,127 1.92%₹ 10,192 5.84%₹ 10,583 5.71%₹ 12,366 30.40%₹ 17,029 17.49%₹ 28,502 22.40%₹ 18,349 23.63%₹ 50,759 15.55%₹ 20,610 18.89%₹ 96,076 - -
Quant Tax Plan 10.39%₹ 11,039 12.88%₹ 11,288 5.46%₹ 10,545 13.86%₹ 11,385 13.12%₹ 12,833 46.92%₹ 21,631 32.02%₹ 32,451 38.54%₹ 26,611 41.83%₹ 64,543 21.66%₹ 26,665 30.21%₹ 1,26,082 20.80%₹ 66,245 23.62%₹ 4,19,047
BOI AXA Tax Advantage Fund 10.35%₹ 11,035 12.85%₹ 11,285 2.15%₹ 10,215 2.57%₹ 10,256 3.16%₹ 12,204 30.14%₹ 16,960 16.82%₹ 28,324 26.57%₹ 20,291 24.17%₹ 51,139 15.21%₹ 20,303 19.11%₹ 96,589 16.50%₹ 46,092 16.69%₹ 2,88,092
Canara Robeco Equity Tax Saver Fund 10.65%₹ 11,064 14.92%₹ 11,491 2.56%₹ 10,255 7.20%₹ 10,720 8.54%₹ 12,546 30.04%₹ 16,935 18.46%₹ 28,760 24.02%₹ 19,084 23.96%₹ 50,993 16.13%₹ 21,128 19.51%₹ 97,523 16.06%₹ 44,384 16.40%₹ 2,83,672

Portfolio Holdings

Portfolio holdings pattern of Parag Parikh Tax Saver Fund as on 17 Aug 2022 are listed below:

  • Equity Holdings:

    85.33%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    14.67%

Top Sector Holdings of Parag Parikh Tax Saver Fund

Name of SectorHolding PercentageHolding Values in Crore
Computers - Software 17.61% ₹ 66.07 Cr.
Banks 13.01% ₹ 48.82 Cr.
Capital markets 9.17% ₹ 34.40 Cr.
NBFC 8.73% ₹ 32.75 Cr.
Cigarettes 7.81% ₹ 29.32 Cr.
Others 43.67% -

Top Stock Holdings of Parag Parikh Tax Saver Fund

Name of StocksHolding PercentageHolding Values in Crore
Bajaj Holdings & Investment Ltd. 8.73% ₹ 32.75 Cr.
ITC Limited 7.81% ₹ 29.32 Cr.
Indian Energy Exchange Ltd. 5.92% ₹ 22.20 Cr.
HCL Technologies Limited 5.45% ₹ 20.45 Cr.
Wipro Ltd. 5.35% ₹ 20.09 Cr.
Others 66.74% -

Other Holdings

Holding TypeHolding Percentage
TREPS 14.83%
Net Receivables -0.16%