Fund Performance
Lumpsum
SIP
24.15
as on 16 Aug 20223 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,148 today.
NAV Performance
Fund Information
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₹ 19.163
as on 16 Aug 2022 -
Regular - Growth
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-
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₹ 500
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₹ 337 Cr.
as on 31 Dec 2021 -
2.29%
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24 Jul 2019
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Nifty 500 TRI
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PPFAS Mutual Fund
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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
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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. His has been associated with PPFAS Limited for quite a few years.
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About Raj Mehta
Mr. 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
Top Sector Holdings of Parag Parikh Tax Saver Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 14.83% |
| Net Receivables | -0.16% |