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Parag Parikh Tax Saver Fund

Parag Parikh Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

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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

  • ₹ 18.264

    as on 17 Sep 2021
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 239 Cr.

    as on 17 Sep 2021
  • 2.46%

    since 31 May 2021
  • 24 Jul 2019

  • Tax Saver - ELSS

  • Nifty 500 TRI

  • PPFAS mutual fund

    Show All Funds

Highlights of this fund

Parag Parikh Tax Saver Fund is an Open-ended Tax Saver 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 Tax Saver funds offered by PPFAS mutual fund.

Latest NAV of the fund is ₹ 18.264 as on 17 Sep 2021.

This fund has 2 years of track record. Since 31 May 2021 expense ratio of this fund is 2.46%. 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 9.48% 16.28% 36.87% 82.36% 58.03% 30.41% 23.46% 19.96% 83.34% 75.88% 52.36% 32.78% 24.20%
Category Average 5.50% 11.61% 22.36% 56.41% 30.36% 16.26% 14.93% 15.94% 54.62% 43.57% 30.09% 19.76% 17.04%
Parag Parikh Tax Saver Fund 7.04%₹ 10,704 14.22%₹ 11,422 24.92%₹ 12,491 47.78%₹ 14,777 53.32%₹ 15,236 34.12%₹ 18,003 46.75%₹ 36,685 - - - - - -
Mirae Asset Tax Saver Fund 5.65%₹ 10,565 12.06%₹ 11,206 23.27%₹ 12,327 62.46%₹ 16,246 58.78%₹ 15,547 36.37%₹ 18,612 50.05%₹ 37,655 22.13%₹ 18,227 35.87%₹ 59,831 21.20%₹ 26,178 25.06%₹ 1,11,586 - -
Canara Robeco Equity Tax Saver Fund 5.48%₹ 10,548 12.54%₹ 11,254 23.03%₹ 12,303 58.57%₹ 15,856 57.32%₹ 15,464 37.98%₹ 19,055 48.57%₹ 37,218 22.19%₹ 18,254 35.51%₹ 59,550 18.98%₹ 23,865 24.75%₹ 1,10,752 16.66%₹ 46,761 18.67%₹ 3,20,706
Axis Long Term Equity Fund 9.48%₹ 10,948 15.01%₹ 11,500 23.98%₹ 12,397 61.96%₹ 16,196 60.08%₹ 15,621 32.49%₹ 17,566 44.35%₹ 35,984 19.56%₹ 17,101 32.57%₹ 57,297 18.02%₹ 22,915 23.05%₹ 1,06,319 19.96%₹ 61,814 20.58%₹ 3,55,661
Quant Tax Plan 5.02%₹ 10,501 10.88%₹ 11,088 36.87%₹ 13,687 82.36%₹ 18,236 83.34%₹ 16,913 58.03%₹ 25,004 75.88%₹ 45,575 30.41%₹ 22,192 52.36%₹ 73,625 23.46%₹ 28,714 32.78%₹ 1,34,001 18.10%₹ 52,899 24.20%₹ 4,32,486
Invesco India Tax Plan 5.00%₹ 10,499 11.07%₹ 11,106 21.89%₹ 12,188 52.07%₹ 15,207 52.24%₹ 15,174 31.81%₹ 17,387 42.28%₹ 35,388 16.80%₹ 15,940 30.17%₹ 55,496 16.00%₹ 21,020 20.69%₹ 1,00,412 17.06%₹ 48,383 18.28%₹ 3,14,028

Portfolio Holdings

Portfolio holdings pattern of Parag Parikh Tax Saver Fund as on 20 Sep 2021 are listed below:

  • Equity Holdings:

    81.93%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    18.07%

Top Sector Holdings of Parag Parikh Tax Saver Fund

Name of SectorHolding PercentageHolding Values in Crore
Computers - software 21.52% ₹ 51.49 Cr.
Banks 8.67% ₹ 20.75 Cr.
Nbfc 8.10% ₹ 19.39 Cr.
Cigarettes 8.00% ₹ 19.16 Cr.
Capital markets 7.92% ₹ 18.94 Cr.
Others 45.79% -

Top Stock Holdings of Parag Parikh Tax Saver Fund

Name of StocksHolding PercentageHolding Values in Crore
Bajaj Holdings & Investment Ltd. 8.10% ₹ 19.39 Cr.
ITC Limited 8.00% ₹ 19.16 Cr.
Wipro Ltd. 5.43% ₹ 12.99 Cr.
Maruti Suzuki India Ltd. 5.11% ₹ 12.23 Cr.
Hero Motocorp Ltd. 5.08% ₹ 12.16 Cr.
Others 68.28% -

Other Holdings

Holding TypeHolding Percentage
TREPS 18.53%
Net Receivables -0.46%