Parag Parikh Tax Saver Fund Direct Growth

Fund Overview

Fund Size

₹5,294 Cr

Expense Ratio

0.62%

ISIN

INF879O01100

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

26 Jul 2019

About this fund

Parag Parikh Tax Saver Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by PPFAS Mutual Fund. This fund has been in existence for 5 years, 11 months and 6 days, having been launched on 26-Jul-19.
As of 01-Jul-25, it has a Net Asset Value (NAV) of ₹34.74, Assets Under Management (AUM) of 5294.26 Crores, and an expense ratio of 0.62%.

Parag Parikh Tax Saver Fund Direct Growth has given a CAGR return of 23.33% since inception.
The fund's asset allocation comprises around 82.33% in equities, 0.99% in debts, and 16.68% 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

+13.25%

+4.94% (Cat Avg.)

3 Years

+24.01%

+22.30% (Cat Avg.)

5 Years

+27.09%

+23.63% (Cat Avg.)

Since Inception

+23.33%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity	₹4,358.97 Cr	82.33%
Debt	₹52.39 Cr	0.99%
Others	₹882.9 Cr	16.68%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Bajaj Holdings and Investment Ltd	Equity	₹454.57 Cr	8.59%
HDFC Bank Ltd	Equity	₹432.93 Cr	8.18%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹354.44 Cr	6.69%
Maharashtra Scooters Ltd	Equity	₹335.57 Cr	6.34%
Coal India Ltd	Equity	₹320.37 Cr	6.05%
Power Grid Corp Of India Ltd	Equity	₹315.29 Cr	5.96%
ICICI Bank Ltd	Equity	₹259.31 Cr	4.90%
ITC Ltd	Equity	₹254.58 Cr	4.81%
HCL Technologies Ltd	Equity	₹215.63 Cr	4.07%
Kotak Mahindra Bank Ltd	Equity	₹212.07 Cr	4.01%
Infosys Ltd	Equity	₹209.59 Cr	3.96%
Maruti Suzuki India Ltd	Equity	₹196.05 Cr	3.70%
Mahindra & Mahindra Ltd	Equity	₹185.5 Cr	3.50%
Axis Bank Ltd	Equity	₹163.76 Cr	3.09%
Wipro Ltd	Equity	₹123.26 Cr	2.33%
Tata Consultancy Services Ltd	Equity	₹117.65 Cr	2.22%
Bharti Airtel Ltd	Equity	₹82.04 Cr	1.55%
Zydus Lifesciences Ltd	Equity	₹69.81 Cr	1.32%
Dr Reddy's Laboratories Ltd	Equity	₹69.17 Cr	1.31%
Cipla Ltd	Equity	₹66.06 Cr	1.25%
Balkrishna Industries Ltd	Equity	₹61.14 Cr	1.15%
Axis Bank Limited	Cash - CD/Time Deposit	₹49.63 Cr	0.94%
Union Bank Of India	Cash - CD/Time Deposit	₹48.48 Cr	0.92%
Bank Of Baroda	Cash - CD/Time Deposit	₹48.1 Cr	0.91%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹48.08 Cr	0.91%
CMS Info Systems Ltd	Equity	₹47.77 Cr	0.90%
HDFC Bank Ltd.	Bond - Corporate Bond	₹47.52 Cr	0.90%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹47.15 Cr	0.89%
Net Receivables / (Payables)	Cash	₹-29.05 Cr	0.55%
E I D Parry India Ltd	Equity	₹25.37 Cr	0.48%
Punjab National Bank	Cash - CD/Time Deposit	₹24.83 Cr	0.47%
Kotak Mahindra Bank Limited	Cash - CD/Time Deposit	₹24.78 Cr	0.47%
ICICI Bank Limited	Cash - CD/Time Deposit	₹24.77 Cr	0.47%
Canara Bank	Cash - CD/Time Deposit	₹24.61 Cr	0.46%
Canara Bank	Cash - CD/Time Deposit	₹24.6 Cr	0.46%
ICICI Bank Ltd.	Cash - CD/Time Deposit	₹24.29 Cr	0.46%
Indian Bank	Cash - CD/Time Deposit	₹24.21 Cr	0.46%
Punjab National Bank	Cash - CD/Time Deposit	₹24.07 Cr	0.45%
Small Industries Development Bank Of India	Cash - CD/Time Deposit	₹24.04 Cr	0.45%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹24.02 Cr	0.45%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹24.01 Cr	0.45%
HDFC Bank Limited	Cash - CD/Time Deposit	₹23.95 Cr	0.45%
National Bank For Agriculture And Rural Development	Cash - CD/Time Deposit	₹23.9 Cr	0.45%
Motilal Oswal Financial Services Ltd	Equity	₹21.19 Cr	0.40%
Multi Commodity Exchange of India Ltd	Equity	₹20.81 Cr	0.39%
Narayana Hrudayalaya Ltd	Equity	₹18.27 Cr	0.35%
Indian Energy Exchange Ltd	Equity	₹17.61 Cr	0.33%
Central Depository Services (India) Ltd	Equity	₹15.8 Cr	0.30%
CCL Products (India) Ltd	Equity	₹15.6 Cr	0.29%
Swaraj Engines Ltd	Equity	₹12.46 Cr	0.24%
Ipca Laboratories Ltd	Equity	₹7.74 Cr	0.15%
VST Industries Ltd	Equity	₹7.25 Cr	0.14%
364 DTB 21112025	Bond - Gov't/Treasury	₹4.87 Cr	0.09%
ICRA Ltd	Equity	₹3.91 Cr	0.07%
Nesco Ltd	Equity	₹0.84 Cr	0.02%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,601.96 Cr	30.26%
Consumer Cyclical	₹790.72 Cr	14.94%
Technology	₹666.12 Cr	12.58%
Energy	₹320.37 Cr	6.05%
Utilities	₹315.29 Cr	5.96%
Consumer Defensive	₹277.42 Cr	5.24%
Healthcare	₹231.05 Cr	4.36%
Communication Services	₹82.04 Cr	1.55%
Industrials	₹48.61 Cr	0.92%
Basic Materials	₹25.37 Cr	0.48%

Risk & Performance Ratios

Fund Managers

Raj Mehta

Since July 2019

Rajeev Thakkar

Since July 2019

Raunak Onkar

Since July 2019

Rukun Tarachandani

Since May 2022

Mansi Kariya

Since December 2023

Additional Scheme Detailsas of 31st May 2025

ISIN

INF879O01100

Expense Ratio

0.62%

Exit Load

No Charges

Fund Size

₹5,294 Cr

Age

5 years 11 months

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

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth Low Risk	2.3%	0.0%	₹55.57 Cr	-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth Low Risk	0.5%	0.0%	₹55.57 Cr	-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹202.42 Cr	6.2%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth Very High Risk	-	0.0%	₹58.23 Cr	-
SBI Long Term Advantage Fund Series II Regular Growth Very High Risk	-	0.0%	₹34.17 Cr	6.4%
SBI Long Term Advantage Fund Series II Direct Growth Very High Risk	-	0.0%	₹34.17 Cr	6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth Very High Risk	-	0.0%	₹58.23 Cr	-0.3%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth High Risk	1.4%	0.0%	₹19.18 Cr	8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth Very High Risk	1.4%	0.0%	₹30.17 Cr	4.0%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth Very High Risk	1.2%	0.0%	₹30.17 Cr	4.2%
Sundaram Long Term Tax Advantage Fund Series II Direct Growth Very High Risk	1.2%	0.0%	₹13.08 Cr	6.3%
Sundaram Long Term Tax Advantage Fund Series II Regular Growth Very High Risk	1.4%	0.0%	₹13.08 Cr	6.1%
SBI Long Term Advantage Fund Series I Regular Growth Low Risk	-	0.0%	₹49.50 Cr	16.8%
SBI Long Term Advantage Fund Series I Direct Growth Low Risk	-	0.0%	₹49.50 Cr	17.1%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth Very High Risk	1.3%	0.0%	₹75.97 Cr	2.7%
SBI Long Term Advantage Fund Series VI Regular Growth Very High Risk	-	0.0%	₹280.61 Cr	2.4%
SBI Long Term Advantage Fund Series VI Direct Growth Very High Risk	-	0.0%	₹280.61 Cr	2.8%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Regular Growth Very High Risk	1.4%	0.0%	₹75.97 Cr	2.5%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth Very High Risk	1.2%	-	₹33.41 Cr	3.2%
SBI Tax Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹33.26 Cr	32.0%
SBI Tax Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹33.26 Cr	31.5%
Sundaram Long Term Tax Advantage Fund Series III Regular Growth Very High Risk	1.4%	-	₹33.41 Cr	3.0%
ICICI Prudential Long Term Wealth Enhancement Fund Regular Growth Very High Risk	1.4%	0.0%	₹39.84 Cr	6.5%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth Very High Risk	1.0%	0.0%	₹39.84 Cr	6.8%
Sundaram Long Term Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹21.83 Cr	3.5%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth Very High Risk	1.2%	0.0%	₹21.83 Cr	3.7%
SBI Long Term Advantage Fund Series III Regular Growth Very High Risk	-	0.0%	₹71.36 Cr	1.6%
SBI Long Term Advantage Fund Series III Direct Growth Very High Risk	-	0.0%	₹71.36 Cr	2.0%
SBI Long Term Advantage Fund Series V Direct Growth Very High Risk	-	0.0%	₹381.32 Cr	27.8%
SBI Long Term Advantage Fund Series V Regular Growth Very High Risk	-	0.0%	₹381.32 Cr	27.3%
SBI Long Term Advantage Fund Series IV Regular Growth Very High Risk	-	0.0%	₹206.03 Cr	1.0%
SBI Long Term Advantage Fund Series IV Direct Growth Very High Risk	-	0.0%	₹206.03 Cr	1.4%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth Very High Risk	1.3%	0.0%	₹35.83 Cr	3.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth Very High Risk	1.4%	0.0%	₹35.83 Cr	3.0%
Invesco India Tax Plan Regular Growth Very High Risk	1.9%	0.0%	₹2845.04 Cr	5.8%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹4129.03 Cr	7.0%
LIC MF ELSS Direct Growth Very High Risk	1.0%	0.0%	₹1113.04 Cr	6.7%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹6266.40 Cr	2.8%
Invesco India Tax Plan Direct Growth Very High Risk	0.8%	0.0%	₹2845.04 Cr	7.0%
HSBC Tax Saver Equity Fund Regular Growth Very High Risk	2.5%	0.0%	₹244.42 Cr	12.8%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth Very High Risk	1.1%	0.0%	₹14363.91 Cr	10.0%
Sundaram Tax Savings Fund Direct Growth Very High Risk	1.7%	0.0%	₹1359.13 Cr	6.2%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.6%	0.0%	₹6954.94 Cr	3.9%
Nippon India Tax Saver (ELSS) Fund Direct Growth Very High Risk	1.0%	0.0%	₹15291.63 Cr	4.9%
JM Tax Gain Fund Direct Growth Very High Risk	1.1%	0.0%	₹198.58 Cr	2.5%
Samco ELSS Tax Saver Fund Direct Growth Very High Risk	1.0%	0.0%	₹121.66 Cr	-5.3%
Samco ELSS Tax Saver Fund Regular Growth Very High Risk	2.4%	0.0%	₹121.66 Cr	-6.6%
Mahindra Manulife ELSS Fund Regular Growth Very High Risk	2.1%	0.0%	₹949.88 Cr	5.1%
Mahindra Manulife ELSS Fund Direct Growth Very High Risk	0.6%	0.0%	₹949.88 Cr	6.7%

About the AMC

PPFAS Mutual Fund

+91 22 61406555

https://amc.ppfas.com/

Total AUM

₹1,17,193 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 Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹1579.59 Cr	7.2%
Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3731.55 Cr	6.9%
Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk	0.3%	1.0%	₹2719.78 Cr	9.6%
Parag Parikh Flexi Cap Fund Direct Growth Very High Risk	0.6%	2.0%	₹103867.95 Cr	13.4%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹5294.26 Cr	13.2%

Risk Level

Your principal amount will be at Very High Risk

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Still got questions?
We're here to help.

What is the current NAV of Parag Parikh Tax Saver Fund Direct Growth?

The NAV of Parag Parikh Tax Saver Fund Direct Growth, as of 01-Jul-2025, is ₹34.74.

What are the returns of Parag Parikh Tax Saver Fund Direct Growth?

The fund has generated 13.25% over the last 1 year and 24.01% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Parag Parikh Tax Saver Fund Direct Growth?

The fund's allocation of assets is distributed as 82.33% in equities, 0.99% in bonds, and 16.68% in cash and cash equivalents.

Who manages the Parag Parikh Tax Saver Fund Direct Growth?

The fund managers responsible for Parag Parikh Tax Saver Fund Direct Growth are:-

Raj Mehta
Rajeev Thakkar
Raunak Onkar
Rukun Tarachandani
Mansi Kariya

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹5,294 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