Parag Parikh ELSS Tax Saver Fund - Direct (G)
ELSSNAV
31.58(0.50%)Fund Size (CR)
₹4,572.13Expense Ratio
0.63Scheme Type
Active FundValue Research
Min. investment
₹500Minimum Additional Investment
₹500Minimum SIP Investment
₹1,000Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
22.78%
- 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 | 12 February 2025 | 9974.58 | -0.25% | - | -1.41% | 13/225 |
| 1 Month | 17 January 2025 | 9976.57 | -0.23% | - | -5.88% | 5/221 |
| 3 Month | 19 November 2024 | 9846.30 | -1.54% | - | -7.35% | 5/221 |
| 6 Month | 19 August 2024 | 9851.18 | -1.49% | - | -10.55% | 1/221 |
| 1 Year | 19 February 2024 | 11076.26 | 10.76% | 10.76% | 4.21% | 20/221 |
| 3 Year | 18 February 2022 | 16305.44 | 63.05% | 17.70% | 14.55% | 26/211 |
| 5 Year | 19 February 2020 | 28191.65 | 181.92% | 23.03% | 18.07% | 36/211 |
| Since Inception | 24 July 2019 | 31428.90 | 214.29% | 22.78% | 14.77% | 3/225 |
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 March 2024 | 1,20,000 | 122206.04 | 1.84% | 1.84% |
| 3 Year | 2 March 2022 | 3,60,000 | 475875.02 | 32.19% | 9.75% |
| 5 Year | 2 March 2020 | 6,00,000 | 1033717.70 | 72.29% | 11.49% |
| 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
0.66%
Beta
1.07%
Sharpe Ratio
0.06%
Treynor's Ratio
5.67%
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 | 8.57% | 338878 | 391.73 | Equity | Finance |
| HDFC Bank | 8.09% | 2177294 | 369.87 | Equity | Banks |
| Power Grid Corpn | 6.52% | 9880597 | 298.05 | Equity | Power Generation & Distribution |
| Coal India | 6.21% | 7168454 | 283.80 | Equity | Mining & Mineral products |
| ITC | 5.04% | 5150000 | 230.46 | Equity | Tobacco Products |
| ICICI Bank | 4.91% | 1793527 | 224.69 | Equity | Banks |
| Mah. Scooters | 4.87% | 239070 | 222.59 | Equity | Finance |
| Maruti Suzuki | 4.29% | 159145 | 195.92 | Equity | Automobile |
| Kotak Mah. Bank | 4.25% | 1022187 | 194.35 | Equity | Banks |
| Infosys | 3.82% | 928366 | 174.51 | Equity | IT - Software |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Parag Parikh ELSS Tax Saver Fund - Direct (G) | 4572.13 | -0.23% | -1.54% | -1.49% | 10.76% | 17.70% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 346.48 | -6.41% | -7.04% | -3.65% | 25.76% | 16.85% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 346.48 | -6.41% | -7.04% | -3.65% | 25.76% | 16.85% | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct (G) | 312.12 | -5.89% | -5.75% | -4.04% | 13.31% | - | |
| WhiteOak Capital ELSS Tax Saver Fund - Direct (IDCW) | 312.12 | -5.89% | -5.75% | -4.04% | 13.31% | - | |
| LIC MF ELSS Tax Saver - Direct (G) | 1093.48 | -5.17% | -5.70% | -6.93% | 12.53% | 14.23% |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
4 July 2019
Total AUM (Cr)
₹4572.13
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 ₹4,572.13 (Cr), as of 20 February 2025, Parag Parikh ELSS Tax Saver Fund - Direct (G) is categorized as a ELSS within its segment. The fund has generated a return of 22.78% since its launch.
The current NAV of Parag Parikh ELSS Tax Saver Fund - Direct (G) is ₹31.58, as on 20 February 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 17.70% and 23.03% 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 81.67% in Equity, 18.29% in Debt and 0.03% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 20.21% in Banks, 18.29% in Debt, 13.99% in IT-Software, 13.44% in Finance, 7.41% in Automobiles
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 22.78% 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).