Parag Parikh Tax Saver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (12-Sep-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹5,524 Cr
Expense Ratio
0.62%
ISIN
INF879O01100
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
26 Jul 2019
About this fund
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹34.81, Assets Under Management (AUM) of 5524.49 Crores, and an expense ratio of 0.62%.
- Parag Parikh Tax Saver Fund Direct Growth has given a CAGR return of 22.53% since inception.
- The fund's asset allocation comprises around 85.58% in equities, 1.57% in debts, and 12.85% in cash & cash equivalents.
- You can start investing in Parag Parikh Tax Saver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+5.69%
— (Cat Avg.)
3 Years
+19.36%
+16.21% (Cat Avg.)
5 Years
+23.85%
+21.03% (Cat Avg.)
Since Inception
+22.53%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2025
| Equity | ₹4,727.78 Cr | 85.58% |
| Debt | ₹86.55 Cr | 1.57% |
| Others | ₹710.15 Cr | 12.85% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹439.18 Cr | 7.95% |
| Bajaj Holdings and Investment Ltd | Equity | ₹432.75 Cr | 7.83% |
| Maharashtra Scooters Ltd | Equity | ₹398.29 Cr | 7.21% |
| Power Grid Corp Of India Ltd | Equity | ₹328.99 Cr | 5.96% |
| Coal India Ltd | Equity | ₹307.7 Cr | 5.57% |
| ITC Ltd | Equity | ₹286.32 Cr | 5.18% |
| ICICI Bank Ltd | Equity | ₹274.72 Cr | 4.97% |
| Maruti Suzuki India Ltd | Equity | ₹235.39 Cr | 4.26% |
| Kotak Mahindra Bank Ltd | Equity | ₹221.56 Cr | 4.01% |
| Mahindra & Mahindra Ltd | Equity | ₹199.38 Cr | 3.61% |
| Bharti Airtel Ltd | Equity | ₹198 Cr | 3.58% |
| Infosys Ltd | Equity | ₹197.1 Cr | 3.57% |
| HCL Technologies Ltd | Equity | ₹191.68 Cr | 3.47% |
| Axis Bank Ltd | Equity | ₹164.51 Cr | 2.98% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹148.65 Cr | 2.69% |
| Wipro Ltd | Equity | ₹123.13 Cr | 2.23% |
| Tata Consultancy Services Ltd | Equity | ₹104.78 Cr | 1.90% |
| CCL Products (India) Ltd | Equity | ₹89.06 Cr | 1.61% |
| Cipla Ltd | Equity | ₹74.56 Cr | 1.35% |
| Zydus Lifesciences Ltd | Equity | ₹73.64 Cr | 1.33% |
| Dr Reddy's Laboratories Ltd | Equity | ₹70.79 Cr | 1.28% |
| Balkrishna Industries Ltd | Equity | ₹56.62 Cr | 1.02% |
| CMS Info Systems Ltd | Equity | ₹53.47 Cr | 0.97% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.91 Cr | 0.89% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹48.9 Cr | 0.89% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.73 Cr | 0.88% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹48.35 Cr | 0.88% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.95 Cr | 0.87% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.56 Cr | 0.86% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹47.49 Cr | 0.86% |
| Indian Energy Exchange Ltd | Equity | ₹46.99 Cr | 0.85% |
| Zydus Wellness Ltd | Equity | ₹45.85 Cr | 0.83% |
| E I D Parry India Ltd | Equity | ₹30.06 Cr | 0.54% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹24.71 Cr | 0.45% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.63 Cr | 0.45% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.48 Cr | 0.44% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.45 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.42 Cr | 0.44% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.36 Cr | 0.44% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹24.32 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.31 Cr | 0.44% |
| Rec Ltd. | Cash - Commercial Paper | ₹23.84 Cr | 0.43% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.83 Cr | 0.43% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹23.77 Cr | 0.43% |
| Bank of Baroda | Bond - Corporate Bond | ₹23.67 Cr | 0.43% |
| Multi Commodity Exchange of India Ltd | Equity | ₹23.3 Cr | 0.42% |
| Narayana Hrudayalaya Ltd | Equity | ₹18.38 Cr | 0.33% |
| Central Depository Services (India) Ltd | Equity | ₹14.71 Cr | 0.27% |
| Swaraj Engines Ltd | Equity | ₹12.72 Cr | 0.23% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹9.78 Cr | 0.18% |
| VST Industries Ltd | Equity | ₹6.82 Cr | 0.12% |
| 364 DTB 21112025 | Bond - Gov't/Treasury | ₹4.94 Cr | 0.09% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.76 Cr | 0.09% |
| ICRA Ltd | Equity | ₹3.63 Cr | 0.07% |
| Nesco Ltd | Equity | ₹2.12 Cr | 0.04% |
| Ipca Laboratories Ltd | Equity | ₹1.6 Cr | 0.03% |
| Net Receivables / (Payables) | Cash | ₹-0.09 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
71.03%
Mid Cap Stocks
1.81%
Small Cap Stocks
12.74%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,621.34 Cr | 29.35% |
| Consumer Cyclical | ₹902.4 Cr | 16.33% |
| Technology | ₹616.69 Cr | 11.16% |
| Consumer Defensive | ₹428.05 Cr | 7.75% |
| Utilities | ₹328.99 Cr | 5.96% |
| Energy | ₹307.7 Cr | 5.57% |
| Healthcare | ₹238.97 Cr | 4.33% |
| Communication Services | ₹198 Cr | 3.58% |
| Industrials | ₹55.59 Cr | 1.01% |
| Basic Materials | ₹30.06 Cr | 0.54% |
Risk & Performance Ratios
Standard Deviation
This fund
9.79%
Cat. avg.
13.23%
Lower the better
Sharpe Ratio
This fund
1.19
Cat. avg.
0.70
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.14
Higher the better
Fund Managers
Raj Mehta
Since July 2019
Rajeev Thakkar
Since July 2019
Raunak Onkar
Since July 2019
Rukun Tarachandani
Since May 2022
Tejas Soman
Since September 2025
Aishwarya Dhar
Since September 2025
Additional Scheme Detailsas of 31st August 2025
ISIN INF879O01100 | Expense Ratio 0.62% | Exit Load No Charges | Fund Size ₹5,524 Cr | Age 6 years 1 month | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
About the AMC
PPFAS Mutual Fund
Total AUM
₹1,27,467 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2510.44 Cr | 5.4% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1850.39 Cr | 6.8% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4024.38 Cr | 6.6% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2954.69 Cr | 6.6% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹115040.08 Cr | 8.0% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5524.49 Cr | 5.7% |
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Tax Saver Fund Direct Growth?
What are the returns of Parag Parikh Tax Saver Fund Direct Growth?
What is the portfolio composition of Parag Parikh Tax Saver Fund Direct Growth?
Who manages the Parag Parikh Tax Saver Fund Direct Growth?
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Tejas Soman
- Aishwarya Dhar
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
Parag Parikh Tax Saver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (12-Sep-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹5,524 Cr
Expense Ratio
0.62%
ISIN
INF879O01100
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
26 Jul 2019
Risk Level
Your principal amount will be at Very High Risk
About this fund
As of 12-Sep-25, it has a Net Asset Value (NAV) of ₹34.81, Assets Under Management (AUM) of 5524.49 Crores, and an expense ratio of 0.62%.
- Parag Parikh Tax Saver Fund Direct Growth has given a CAGR return of 22.53% since inception.
- The fund's asset allocation comprises around 85.58% in equities, 1.57% in debts, and 12.85% in cash & cash equivalents.
- You can start investing in Parag Parikh Tax Saver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+5.69%
— (Cat Avg.)
3 Years
+19.36%
+16.21% (Cat Avg.)
5 Years
+23.85%
+21.03% (Cat Avg.)
Since Inception
+22.53%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2025
| Equity | ₹4,727.78 Cr | 85.58% |
| Debt | ₹86.55 Cr | 1.57% |
| Others | ₹710.15 Cr | 12.85% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹439.18 Cr | 7.95% |
| Bajaj Holdings and Investment Ltd | Equity | ₹432.75 Cr | 7.83% |
| Maharashtra Scooters Ltd | Equity | ₹398.29 Cr | 7.21% |
| Power Grid Corp Of India Ltd | Equity | ₹328.99 Cr | 5.96% |
| Coal India Ltd | Equity | ₹307.7 Cr | 5.57% |
| ITC Ltd | Equity | ₹286.32 Cr | 5.18% |
| ICICI Bank Ltd | Equity | ₹274.72 Cr | 4.97% |
| Maruti Suzuki India Ltd | Equity | ₹235.39 Cr | 4.26% |
| Kotak Mahindra Bank Ltd | Equity | ₹221.56 Cr | 4.01% |
| Mahindra & Mahindra Ltd | Equity | ₹199.38 Cr | 3.61% |
| Bharti Airtel Ltd | Equity | ₹198 Cr | 3.58% |
| Infosys Ltd | Equity | ₹197.1 Cr | 3.57% |
| HCL Technologies Ltd | Equity | ₹191.68 Cr | 3.47% |
| Axis Bank Ltd | Equity | ₹164.51 Cr | 2.98% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹148.65 Cr | 2.69% |
| Wipro Ltd | Equity | ₹123.13 Cr | 2.23% |
| Tata Consultancy Services Ltd | Equity | ₹104.78 Cr | 1.90% |
| CCL Products (India) Ltd | Equity | ₹89.06 Cr | 1.61% |
| Cipla Ltd | Equity | ₹74.56 Cr | 1.35% |
| Zydus Lifesciences Ltd | Equity | ₹73.64 Cr | 1.33% |
| Dr Reddy's Laboratories Ltd | Equity | ₹70.79 Cr | 1.28% |
| Balkrishna Industries Ltd | Equity | ₹56.62 Cr | 1.02% |
| CMS Info Systems Ltd | Equity | ₹53.47 Cr | 0.97% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.91 Cr | 0.89% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹48.9 Cr | 0.89% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹48.73 Cr | 0.88% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹48.35 Cr | 0.88% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.95 Cr | 0.87% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹47.56 Cr | 0.86% |
| Bajaj Finance Ltd. | Cash - Commercial Paper | ₹47.49 Cr | 0.86% |
| Indian Energy Exchange Ltd | Equity | ₹46.99 Cr | 0.85% |
| Zydus Wellness Ltd | Equity | ₹45.85 Cr | 0.83% |
| E I D Parry India Ltd | Equity | ₹30.06 Cr | 0.54% |
| ICICI Bank Ltd. | Cash - CD/Time Deposit | ₹24.71 Cr | 0.45% |
| Indian Bank | Cash - CD/Time Deposit | ₹24.63 Cr | 0.45% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.48 Cr | 0.44% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹24.45 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.42 Cr | 0.44% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.36 Cr | 0.44% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹24.32 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.31 Cr | 0.44% |
| Rec Ltd. | Cash - Commercial Paper | ₹23.84 Cr | 0.43% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹23.83 Cr | 0.43% |
| National Bank for Agriculture and Rural Development | Cash - Commercial Paper | ₹23.77 Cr | 0.43% |
| Bank of Baroda | Bond - Corporate Bond | ₹23.67 Cr | 0.43% |
| Multi Commodity Exchange of India Ltd | Equity | ₹23.3 Cr | 0.42% |
| Narayana Hrudayalaya Ltd | Equity | ₹18.38 Cr | 0.33% |
| Central Depository Services (India) Ltd | Equity | ₹14.71 Cr | 0.27% |
| Swaraj Engines Ltd | Equity | ₹12.72 Cr | 0.23% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹9.78 Cr | 0.18% |
| VST Industries Ltd | Equity | ₹6.82 Cr | 0.12% |
| 364 DTB 21112025 | Bond - Gov't/Treasury | ₹4.94 Cr | 0.09% |
| India (Republic of) | Bond - Short-term Government Bills | ₹4.76 Cr | 0.09% |
| ICRA Ltd | Equity | ₹3.63 Cr | 0.07% |
| Nesco Ltd | Equity | ₹2.12 Cr | 0.04% |
| Ipca Laboratories Ltd | Equity | ₹1.6 Cr | 0.03% |
| Net Receivables / (Payables) | Cash | ₹-0.09 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
71.03%
Mid Cap Stocks
1.81%
Small Cap Stocks
12.74%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,621.34 Cr | 29.35% |
| Consumer Cyclical | ₹902.4 Cr | 16.33% |
| Technology | ₹616.69 Cr | 11.16% |
| Consumer Defensive | ₹428.05 Cr | 7.75% |
| Utilities | ₹328.99 Cr | 5.96% |
| Energy | ₹307.7 Cr | 5.57% |
| Healthcare | ₹238.97 Cr | 4.33% |
| Communication Services | ₹198 Cr | 3.58% |
| Industrials | ₹55.59 Cr | 1.01% |
| Basic Materials | ₹30.06 Cr | 0.54% |
Risk & Performance Ratios
Standard Deviation
This fund
9.79%
Cat. avg.
13.23%
Lower the better
Sharpe Ratio
This fund
1.19
Cat. avg.
0.70
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.14
Higher the better
Fund Managers
Raj Mehta
Since July 2019
Rajeev Thakkar
Since July 2019
Raunak Onkar
Since July 2019
Rukun Tarachandani
Since May 2022
Tejas Soman
Since September 2025
Aishwarya Dhar
Since September 2025
Additional Scheme Detailsas of 31st August 2025
ISIN INF879O01100 | Expense Ratio 0.62% | Exit Load No Charges | Fund Size ₹5,524 Cr | Age 6 years 1 month | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
About the AMC
PPFAS Mutual Fund
Total AUM
₹1,27,467 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Parag Parikh Dynamic Asset Allocation Fund Direct Growth Moderate Risk | 0.3% | 1.0% | ₹2510.44 Cr | 5.4% |
| Parag Parikh Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹1850.39 Cr | 6.8% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | 0.1% | 0.0% | ₹4024.38 Cr | 6.6% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | 0.3% | 1.0% | ₹2954.69 Cr | 6.6% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | 0.6% | 2.0% | ₹115040.08 Cr | 8.0% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹5524.49 Cr | 5.7% |
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Tax Saver Fund Direct Growth?
What are the returns of Parag Parikh Tax Saver Fund Direct Growth?
What is the portfolio composition of Parag Parikh Tax Saver Fund Direct Growth?
Who manages the Parag Parikh Tax Saver Fund Direct Growth?
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
- Tejas Soman
- Aishwarya Dhar
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
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