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Parag Parikh Tax Saver Fund

Parag Parikh Tax Saver Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

23.89

as on 09 Dec 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,027 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

  • ₹ 20.187

    as on 09 Dec 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 ₹ 20.187 as on 09 Dec 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 3.16% 4.52% 19.94% 17.83% 39.38% 39.74% 22.48% 20.86% 23.29% 25.99% 40.27% 31.76% 24.29%
Category Average 1.27% 1.96% 13.20% 4.45% 19.66% 17.63% 10.93% 14.50% 12.94% 12.28% 19.66% 15.84% 14.36%
Parag Parikh Tax Saver Fund -0.97%₹ 9,903 2.71%₹ 10,270 11.87%₹ 11,186 7.31%₹ 10,730 13.58%₹ 12,864 22.56%₹ 15,022 16.20%₹ 28,164 23.89%₹ 19,027 23.66%₹ 50,789 - - - -
DSP Tax Saver Fund 2.16%₹ 10,215 2.50%₹ 10,249 13.36%₹ 11,335 5.39%₹ 10,538 13.26%₹ 12,844 21.62%₹ 14,790 12.94%₹ 27,307 19.03%₹ 16,872 21.29%₹ 49,149 12.66%₹ 18,158 17.72%₹ 93,373 16.33%₹ 45,460 16.16%₹ 2,80,035
Mirae Asset Tax Saver Fund 2.29%₹ 10,228 2.42%₹ 10,241 11.35%₹ 11,134 1.99%₹ 10,199 10.58%₹ 12,676 19.31%₹ 14,234 11.02%₹ 26,806 19.85%₹ 17,224 20.58%₹ 48,666 14.29%₹ 19,510 18.22%₹ 94,521 - -
Quant Tax Plan 0.64%₹ 10,064 3.52%₹ 10,351 19.25%₹ 11,924 13.50%₹ 11,350 23.29%₹ 13,463 39.38%₹ 19,428 25.99%₹ 30,797 39.74%₹ 27,309 40.27%₹ 63,289 22.48%₹ 27,590 31.76%₹ 1,30,804 20.86%₹ 66,649 24.29%₹ 4,34,457
BOI AXA Tax Advantage Fund 1.04%₹ 10,103 2.46%₹ 10,245 17.58%₹ 11,758 2.60%₹ 10,259 14.94%₹ 12,949 21.98%₹ 14,879 13.44%₹ 27,439 24.30%₹ 19,214 22.53%₹ 50,002 13.45%₹ 18,805 19.85%₹ 98,369 16.14%₹ 44,740 16.85%₹ 2,90,579
Canara Robeco Equity Tax Saver Fund 0.97%₹ 10,097 1.08%₹ 10,108 13.88%₹ 11,388 2.50%₹ 10,250 11.70%₹ 12,746 20.06%₹ 14,413 11.67%₹ 26,977 21.59%₹ 17,985 20.37%₹ 48,526 15.57%₹ 20,630 18.56%₹ 95,311 15.03%₹ 40,627 15.94%₹ 2,76,716

Portfolio Holdings

Portfolio holdings pattern of Parag Parikh Tax Saver Fund as on 10 Dec 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%