Parag Parikh Tax Saver Fund Regular Growth
EquityELSS (Tax Savings)Very High Risk
Regular
NAV (30-Nov-23)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,138 Cr
Expense Ratio
1.87%
ISIN
INF879O01092
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
26 Jul 2019
About this fund
As of 30-Nov-23, it has a Net Asset Value (NAV) of ₹24.11, Assets Under Management (AUM) of 2137.73 Crores, and an expense ratio of 1.87%.
- Parag Parikh Tax Saver Fund Regular Growth has given a CAGR return of 22.40% since inception.
- The fund's asset allocation comprises around 83.29% in equities, 0.00% in debts, and 16.71% in cash & cash equivalents.
- You can start investing in Parag Parikh Tax Saver Fund Regular 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
+17.59%
+16.32%(Cat. Avg.)
3 Years
+22.70%
+19.94%(Cat. Avg.)
Since Inception
+22.40%
--%(Cat. Avg.)
Portfolio Summaryas of 31st October 2023
| Equity | ₹1,780.54 Cr | 83.29% |
| Others | ₹357.19 Cr | 16.71% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Clearing Corporation Of India Ltd | TREPS (Tri-Party Repo) | ₹270.8 Cr | 12.67% |
| HDFC Bank Ltd | E | ₹168.67 Cr | 7.89% |
| Bajaj Holdings and Investment Ltd | E | ₹151.88 Cr | 7.10% |
| Coal India Ltd | E | ₹137.15 Cr | 6.42% |
| Maharashtra Scooters Ltd | E | ₹115.65 Cr | 5.41% |
| Axis Bank Ltd | E | ₹111 Cr | 5.19% |
| HCL Technologies Ltd | E | ₹107.69 Cr | 5.04% |
| Power Grid Corp Of India Ltd | E | ₹107.07 Cr | 5.01% |
| Maruti Suzuki India Ltd | E | ₹106.9 Cr | 5.00% |
| Tata Consultancy Services Ltd | E | ₹105.75 Cr | 4.95% |
| ICICI Bank Ltd | E | ₹105.09 Cr | 4.92% |
| Wipro Ltd | E | ₹94.24 Cr | 4.41% |
| ITC Ltd | E | ₹68.41 Cr | 3.20% |
| Infosys Ltd | E | ₹55.13 Cr | 2.58% |
| Balkrishna Industries Ltd | E | ₹54.48 Cr | 2.55% |
| NMDC Ltd | E | ₹38.3 Cr | 1.79% |
| VST Industries Ltd | E | ₹34.31 Cr | 1.60% |
| UTI Asset Management Co Ltd | E | ₹27.77 Cr | 1.30% |
| CMS Info Systems Ltd | E | ₹26.61 Cr | 1.24% |
| National Bank For Agriculture And Rural Development | Certificate of Deposit | ₹24.59 Cr | 1.15% |
| HDFC Bank Limited | Commercial Papers | ₹24.11 Cr | 1.13% |
| Motilal Oswal Financial Services Ltd | E | ₹23.9 Cr | 1.12% |
| ICICI Bank Limited | Certificate of Deposit | ₹23.89 Cr | 1.12% |
| Axis Bank Limited | Certificate of Deposit | ₹23.86 Cr | 1.12% |
| Zydus Lifesciences Ltd | E | ₹21.12 Cr | 0.99% |
| Dr Reddy's Laboratories Ltd | E | ₹20.63 Cr | 0.96% |
| Cipla Ltd | E | ₹20.4 Cr | 0.95% |
| Ipca Laboratories Ltd | E | ₹17.21 Cr | 0.80% |
| Central Depository Services (India) Ltd | E | ₹11.85 Cr | 0.55% |
| Multi Commodity Exchange of India Ltd | E | ₹11.37 Cr | 0.53% |
| Indian Energy Exchange Ltd | E | ₹11.05 Cr | 0.52% |
| CCL Products (India) Ltd | E | ₹10.41 Cr | 0.49% |
| Net Receivables / (Payables) | Net Current Assets | ₹-10.06 Cr | 0.47% |
| ICRA Ltd | E | ₹9.1 Cr | 0.43% |
| NMDC Steel Ltd | E | ₹4.51 Cr | 0.21% |
| Oracle Financial Services Software Ltd | E | ₹2.9 Cr | 0.14% |
Allocation By Market Cap (Equity)
Large Cap Stocks
63.62%
Mid Cap Stocks
6.27%
Small Cap Stocks
13.40%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹631.68 Cr | 29.55% |
| Technology | ₹365.71 Cr | 17.11% |
| Consumer Cyclical | ₹277.03 Cr | 12.96% |
| Energy | ₹137.15 Cr | 6.42% |
| Consumer Defensive | ₹113.13 Cr | 5.29% |
| Utilities | ₹107.07 Cr | 5.01% |
| Healthcare | ₹79.35 Cr | 3.71% |
| Basic Materials | ₹42.82 Cr | 2.00% |
| Industrials | ₹26.61 Cr | 1.24% |
Risk & Performance Ratios
Standard Deviation
This fund
10.21%
Cat. avg.
14.14%
Lower the better
Sharpe Ratio
This fund
1.60
Cat. avg.
1.11
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
2.33
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
Additional Scheme Detailsas of 31st October 2023
| ISIN | INF879O01092 | Expense Ratio | 1.87% | Exit Load | No Charges | Fund Size | ₹2,138 Cr | Age | 26 Jul 2019 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | IISL 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
Withdrawal within 1 year
Flat 15% tax on profits (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on profits (LTCG - long term capital gains) on profits above Rs. 1 lakh per financial year
Disclaimer: Dezerv is not a tax advisor.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹3477.71 Cr | 13.7% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.9% | 0.0% | ₹3477.71 Cr | 12.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.6% | 0.0% | ₹31135.83 Cr | 12.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹2137.73 Cr | 19.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.9% | 0.0% | ₹2137.73 Cr | 17.6% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹38.43 Cr | 15.1% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.5% | 0.0% | ₹38.43 Cr | 13.2% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹206.29 Cr | 26.8% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹206.29 Cr | 24.5% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1543.66 Cr | 12.2% |
About the AMC
PPFAS Mutual Fund
Total AUM
₹99,644 Cr
Address
Great Western Building, 1st Floor, Mumbai, 400 001
Other Funds by PPFAS Mutual Fund
| Fund name | Fund size | 1Y returns |
|---|---|---|
| Parag Parikh Liquid Fund Regular Growth Low to Moderate Risk | ₹2009.25 Cr | 6.5% |
| Parag Parikh Liquid Fund Direct Growth Low to Moderate Risk | ₹2009.25 Cr | 6.6% |
| Parag Parikh Conservative Hybrid Fund Regular Growth Moderately High risk | ₹1637.29 Cr | 11.4% |
| Parag Parikh Conservative Hybrid Fund Direct Growth Moderately High risk | ₹1637.29 Cr | 11.7% |
| Parag Parikh Flexi Cap Fund Direct Growth Very High Risk | ₹44037.86 Cr | 28.1% |
| Parag Parikh Flexi Cap Fund Regular Growth Very High Risk | ₹44037.86 Cr | 27.1% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | ₹2137.73 Cr | 17.6% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | ₹2137.73 Cr | 19.0% |
Risk Level
Your principal amount will be at Very High Risk
Returns Calculator
Total investment of --
Would have become
--
----
A monthly SIP of ₹500 in this fund over the past 1 year(s) with a yearly stepup of 0% would be valued at ₹0 today.
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Parag Parikh Tax Saver Fund Regular Growth?
What are the returns of Parag Parikh Tax Saver Fund Regular Growth?
What is the portfolio composition of Parag Parikh Tax Saver Fund Regular Growth?
Who manages the Parag Parikh Tax Saver Fund Regular Growth?
- Raj Mehta
- Rajeev Thakkar
- Raunak Onkar
- Rukun Tarachandani
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.