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Parag Parikh Tax Saver Fund Direct Growth-0.66%

31.52%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
All

Fund Details

Parag Parikh Tax Saver Fund Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio1.16%
NAV₹14.47 (22 Jan 2021)
Fund Started04 Jul 2019
Fund Size101 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
31.5%
-
-
28.9%
Category Average
18.1%
5.8%
13.5%
-
Rank Within Category
4
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Would have become
0
with 31.5% returns per annum

Comparison

Data not available
Pros
1. Risk-adjusted returns are higher compared to the category
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years

Top Holdings

NameSectorInstrument% Assets
ITC Ltd.FMCGEquity7.9%
Bajaj Holdings & Investment Ltd.FinancialEquity6.0%
Persistent Systems Ltd.TechnologyEquity5.7%
Indian Energy Exchange Ltd.FinancialEquity5.1%
Hero Motocorp Ltd.AutomobileEquity5.1%
Wipro Ltd.TechnologyEquity5.0%
Maruti Suzuki India Ltd.AutomobileEquity5.0%
Multi Commodity Exchange IndiaFinancialEquity4.9%
Tata Consultancy Services Ltd.TechnologyEquity4.8%
Central Depository Services (India) Ltd.FinancialEquity4.3%
See All

Fund Managers

Rajeev Thakkar
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Raunak Onkar
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Raj Mehta
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Parag Parikh Tax Saver Fund Direct Growth Details

Parag Parikh Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by PPFAS Mutual Fund. This scheme was made available to investors on 04 Jul 2019. Rajeev Thakkar is the Current Fund Manager of Parag Parikh Tax Saver Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹101 Cr and the Latest NAV as of 22 Jan 2021 is ₹14.47.

The Parag Parikh Tax Saver Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 500.

Investment Objective

The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance)

Tax Implications

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Scheme Information Document(SID)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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About PPFAS Mutual Fund

Address
Great Western Building, 1st Floor, 130/132, S.B.S. Marg, Opp. Lion Gate, Fort, Mumbai 400001
Phone
022-61406555
Launch Date
10 Oct 2012
Website
NA
PPFAS Mutual Fund
Asset Management Company
Custodian
DBS Bank Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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