Fund Performance
Lumpsum
SIP
24.31
as on 22 Sep 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,211 today.
NAV Performance
Fund Information
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₹ 23.096
as on 22 Sep 2023 -
Regular - Growth
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-
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₹ 500
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₹ 1,527 Cr.
as on 31 May 2023 -
1.88%
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24 Jul 2019
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Nifty 500 TRI
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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 ₹ 23.096 as on 22 Sep 2023.
This fund has 4 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.88%. 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
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About Rajeev Thakkar
Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP. He has been associated with PPFAS AMC since 2013.
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About Raunak Onkar
Mr.Onkar is an MMS (Finance) from the University of Mumbai. He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
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About Rukun Tarachandani
Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF. Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
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About Raj Mehta
Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder. Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very 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 | 4.75% | 11.13% | 25.95% | 26.21% | 32.94% | 34.63% | 24.02% | 23.88% | 37.19% | 24.83% | 23.35% | 29.58% | 22.88% |
| Category Average | 2.08% | 7.00% | 18.95% | 14.97% | 9.09% | 23.43% | 13.43% | 16.23% | 23.94% | 15.54% | 16.51% | 17.67% | 14.29% |
| Parag Parikh Tax Saver Fund | 4.75%₹ 10,474 | 8.62%₹ 10,862 | 17.70%₹ 11,770 | 17.03%₹ 11,703 | 24.65%₹ 13,546 | 11.83%₹ 12,506 | 17.98%₹ 28,641 | 24.31%₹ 19,211 | 19.53%₹ 47,965 | - | - | - | - |
| Quant Tax Plan | 2.94%₹ 10,293 | 10.59%₹ 11,059 | 22.67%₹ 12,266 | 8.73%₹ 10,873 | 24.21%₹ 13,520 | 13.60%₹ 12,904 | 18.03%₹ 28,654 | 34.63%₹ 24,399 | 23.35%₹ 50,575 | 24.02%₹ 29,375 | 29.58%₹ 1,24,236 | 23.88%₹ 85,294 | 22.88%₹ 4,02,701 |
| Kotak Tax Saver Fund | 2.07%₹ 10,207 | 7.43%₹ 10,742 | 18.37%₹ 11,837 | 15.68%₹ 11,567 | 24.00%₹ 13,507 | 11.37%₹ 12,403 | 17.36%₹ 28,475 | 25.31%₹ 19,675 | 18.36%₹ 47,184 | 15.80%₹ 20,840 | 19.32%₹ 97,112 | 17.49%₹ 50,207 | 15.69%₹ 2,73,129 |
| Mirae Asset Tax Saver Fund | 2.06%₹ 10,205 | 7.61%₹ 10,761 | 19.75%₹ 11,974 | 15.83%₹ 11,582 | 24.46%₹ 13,535 | 7.39%₹ 11,531 | 14.78%₹ 27,793 | 24.33%₹ 19,218 | 16.06%₹ 45,667 | 16.38%₹ 21,369 | 19.15%₹ 96,708 | - | - |
| IDFC Tax Advantage (elss) Fund | 1.43%₹ 10,143 | 7.96%₹ 10,795 | 21.34%₹ 12,134 | 18.67%₹ 11,867 | 27.81%₹ 13,738 | 12.77%₹ 12,718 | 18.74%₹ 28,844 | 30.96%₹ 22,461 | 21.42%₹ 49,243 | 16.19%₹ 21,195 | 22.65%₹ 1,05,277 | 18.51%₹ 54,755 | 16.97%₹ 2,92,511 |
| BOI AXA Tax Advantage Fund | 4.24%₹ 10,423 | 10.53%₹ 11,053 | 23.71%₹ 12,371 | 16.90%₹ 11,689 | 30.00%₹ 13,870 | 8.07%₹ 11,679 | 18.60%₹ 28,805 | 25.92%₹ 19,964 | 18.96%₹ 47,585 | 18.15%₹ 23,048 | 22.27%₹ 1,04,305 | 17.55%₹ 50,484 | 17.09%₹ 2,94,437 |
Portfolio Holdings
Top Sector Holdings of Parag Parikh Tax Saver Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Computers - Software | 17.56% | ₹ 288.37 Cr. |
| Banks | 11.70% | ₹ 192.06 Cr. |
| Housing Finance | 7.94% | ₹ 130.27 Cr. |
| NBFC | 7.74% | ₹ 127.04 Cr. |
| Industrial minerals | 6.24% | ₹ 102.47 Cr. |
| Others | 48.82% | - |
Top Stock Holdings of Parag Parikh Tax Saver Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Housing Development Finance Corporation Ltd. | 7.94% | ₹ 130.27 Cr. |
| Bajaj Holdings & Investment Ltd. | 7.74% | ₹ 127.04 Cr. |
| Axis Bank Ltd. | 5.87% | ₹ 96.42 Cr. |
| ICICI Bank Ltd. | 5.83% | ₹ 95.64 Cr. |
| HCL Technologies Limited | 5.16% | ₹ 84.78 Cr. |
| Others | 67.46% | - |
Top Debt Instrument Type holdings of Parag Parikh Tax Saver Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CD | 4.37% | ₹ 71.81 Cr. |
| CP | 1.43% | ₹ 23.41 Cr. |
| Others | 94.20% | - |
Top Debt Holdings of Parag Parikh Tax Saver Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - ICICI Bank Ltd. | 1.46% | ₹ 24.00 Cr. |
| Bond - Axis Bank Ltd. | 1.46% | ₹ 23.94 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 1.45% | ₹ 23.88 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 1.43% | ₹ 23.41 Cr. |
| Others | 94.20% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 12.48% |
| Net Receivables | 0.02% |