Parag Parikh ELSS Tax Saver Fund - Direct (G)
ELSSNAV
32.10(0.19%)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
23.44%
- 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 | 27 January 2025 | 10271.88 | 2.72% | - | 2.50% | 90/225 |
| 1 Month | 3 January 2025 | 9794.59 | -2.05% | - | -6.88% | 1/225 |
| 3 Month | 31 October 2024 | 9963.28 | -0.37% | - | -6.25% | 1/225 |
| 6 Month | 2 August 2024 | 10054.54 | 0.55% | - | -6.80% | 5/225 |
| 1 Year | 2 February 2024 | 11575.38 | 15.75% | 15.75% | 10.58% | 41/225 |
| 3 Year | 3 February 2022 | 16260.66 | 62.61% | 17.59% | 14.58% | 44/215 |
| 5 Year | 3 February 2020 | 29555.32 | 195.55% | 24.20% | 19.94% | 40/215 |
| Since Inception | 24 July 2019 | 32095.30 | 220.95% | 23.44% | 15.46% | 5/229 |
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 | 124181.63 | 3.48% | 3.48% |
| 3 Year | 2 March 2022 | 3,60,000 | 483568.05 | 34.32% | 10.34% |
| 5 Year | 3 February 2020 | 6,10,000 | 1079984.15 | 77.05% | 12.10% |
| 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
2.87%
Standard Deviation
0.66%
Beta
1.12%
Sharpe Ratio
0.09%
Treynor's Ratio
5.33%
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 | -2.05% | -0.37% | 0.55% | 15.75% | 17.59% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 366.59 | -6.77% | -4.45% | 0.93% | 33.84% | 17.50% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 366.59 | -6.77% | -4.45% | 0.93% | 33.84% | 17.50% | |
| Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW) | 4414.88 | -15.45% | -9.65% | -3.78% | 22.47% | 21.73% | |
| Motilal Oswal ELSS Tax Saver Fund-Dir (G) | 4414.88 | -15.45% | -9.65% | -3.78% | 22.47% | 21.73% | |
| LIC MF ELSS Tax Saver - Direct (G) | 1149.78 | -6.63% | -2.50% | -2.64% | 21.05% | 14.89% |
News
There are no new Updates!
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 3 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 23.44% since its launch.
The current NAV of Parag Parikh ELSS Tax Saver Fund - Direct (G) is ₹32.1, as on 3 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 17.59% and 24.20% 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 23.44% 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).
