Parag Parikh ELSS Tax Saver Fund - Direct (G)
ELSSNAV
31.69(0.10%)Fund Size (CR)
₹4,506.61Expense Ratio
0.63Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹1,000Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
23.38%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Rajeev Thakkar
Bench Mark
Nifty 500 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 8 January 2025 | 9807.46 | -1.93% | - | -3.50% | 5/225 |
| 1 Month | 13 December 2024 | 9533.77 | -4.66% | - | -7.74% | 1/225 |
| 3 Month | 15 October 2024 | 9511.56 | -4.88% | - | -8.77% | 11/225 |
| 6 Month | 15 July 2024 | 9980.23 | -0.20% | - | -5.27% | 17/225 |
| 1 Year | 15 January 2024 | 11551.43 | 15.51% | 15.51% | 12.70% | 65/225 |
| 3 Year | 14 January 2022 | 15895.24 | 58.95% | 16.70% | 13.89% | 44/215 |
| 5 Year | 15 January 2020 | 28570.32 | 185.70% | 23.36% | 19.67% | 45/215 |
| Since Inception | 24 July 2019 | 31652.20 | 216.52% | 23.38% | 16.08% | 9/225 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 February 2024 | 1,20,000 | 124249.07 | 3.54% | 3.54% |
| 3 Year | 1 February 2022 | 3,60,000 | 483718.34 | 34.37% | 10.35% |
| 5 Year | 3 February 2020 | 6,00,000 | 1056309.02 | 76.05% | 11.98% |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
2.91%
Standard Deviation
0.67%
Beta
1.20%
Sharpe Ratio
0.11%
Treynor's Ratio
5.53%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| Bajaj Holdings | 8.94% | 338878 | 402.82 | Equity | Finance |
| HDFC Bank | 8.24% | 2093505 | 371.15 | Equity | Banks |
| Power Grid Corpn | 6.77% | 9880597 | 305.01 | Equity | Power Generation & Distribution |
| Coal India | 6.03% | 7078777 | 271.93 | Equity | Mining & Mineral products |
| ITC | 5.53% | 5150000 | 249.08 | Equity | Tobacco Products |
| ICICI Bank | 5.04% | 1772596 | 227.18 | Equity | Banks |
| Mah. Scooters | 5.02% | 235304 | 226.38 | Equity | Finance |
| HCL Technologies | 4.21% | 990366 | 189.89 | Equity | IT - Software |
| Infosys | 3.87% | 928366 | 174.53 | Equity | IT - Software |
| Maruti Suzuki | 3.83% | 159145 | 172.81 | Equity | Automobile |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Parag Parikh ELSS Tax Saver Fund - Direct (G) | 4506.61 | -4.66% | -4.88% | -0.20% | 15.51% | 16.70% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 366.59 | -5.61% | -4.30% | 3.25% | 36.02% | 16.56% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 366.59 | -5.61% | -4.30% | 3.25% | 36.02% | 16.56% | |
| Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW) | 4414.88 | -9.58% | -9.37% | 3.47% | 31.55% | 23.14% | |
| Motilal Oswal ELSS Tax Saver Fund-Dir (G) | 4414.88 | -9.58% | -9.37% | 3.47% | 31.55% | 23.14% | |
| HSBC Tax Saver Equity Fund - Direct (G) | 260.85 | -7.71% | -4.78% | 2.97% | 24.06% | 15.67% |
News
PPFAS Mutual Fund announces change in Key Personnel
PPFAS Mutual Fund has announced that Mr. Himanshoo Bohara has been appointed as the Chief Financial Officer & Whole Time Director of with effect from August 01, 2024.Details of: Mr. Himanshoo Bohara
Age: 49 years
Designation: Chief Financial Officer & Whole Time Director
Qualification: B.Sc., Chartered Accountant and Company Secretary.
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Fund House Details & Investment Objective
Date of Incorporation
4 July 2019
Total AUM (Cr)
₹4506.61
Parag Parikh ELSS Tax Saver Fund - Direct (G) is an ELSS-oriented fund from the renowned AMC, PPFAS Mutual Fund. Launched in 4 July 2019, this fund is managed by Rajeev Thakkar. With assets under management (AUM) worth ₹4,506.61 (Cr), as of 16 January 2025, Parag Parikh ELSS Tax Saver Fund - Direct (G) is categorized as a ELSS within its segment. The fund has generated a return of 23.38% since its launch.
The current NAV of Parag Parikh ELSS Tax Saver Fund - Direct (G) is ₹31.69, as on 16 January 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in Parag Parikh ELSS Tax Saver Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1,000 while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 16.70% and 23.36% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 82.22% in Equity, 17.99% in Debt and -0.21% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.28% in Banks, 18.85% in Debt, 13.59% in IT-Software, 13.42% in Finance, 7.13% in Power
FAQs
How to Invest in Parag Parikh ELSS Tax Saver Fund - Direct (G) Direct Growth?
Parag Parikh ELSS Tax Saver Fund - Direct (G) is a popular fund in the ELSS segment. The fund has generated a return of 23.38% since inception. Looking to invest in Parag Parikh ELSS Tax Saver Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Parag Parikh ELSS Tax Saver Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Parag Parikh ELSS Tax Saver Fund - Direct (G)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Parag Parikh ELSS Tax Saver Fund - Direct (G) today and reap the benefits of this ELSS fund!
How much returns has Parag Parikh ELSS Tax Saver Fund - Direct (G) Direct Growth generated?
What is the expense ratio of Parag Parikh ELSS Tax Saver Fund - Direct (G) Direct Growth?
What is the AUM of Parag Parikh ELSS Tax Saver Fund - Direct (G) Fund Direct Growth?
How to redeem or withdraw money from Parag Parikh ELSS Tax Saver Fund - Direct (G) Direct Growth?
Redeeming or selling units of Parag Parikh ELSS Tax Saver Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Parag Parikh ELSS Tax Saver Fund - Direct (G):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Parag Parikh ELSS Tax Saver Fund - Direct (G)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).