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Parag Parikh Tax Saver Fund

Parag Parikh Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

24.31

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,211 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

  • ₹ 23.096

    as on 22 Sep 2023
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 1,527 Cr.

    as on 31 May 2023
  • 1.88%

  • 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 ₹ 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

  • 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. 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.
  • About Rukun Tarachandani

    Picture of Rukun TarachandaniMr. 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.
  • About Raj Mehta

    Picture of Raj MehtaMr. 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

Portfolio holdings pattern of Parag Parikh Tax Saver Fund as on 26 Sep 2023 are listed below:

  • Equity Holdings:

    81.70%
  • Debt Holdings:

    5.80%
  • Others Holdings:

    12.50%

Top Sector Holdings of Parag Parikh Tax Saver Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
TREPS 12.48%
Net Receivables 0.02%