Parag Parikh Tax Saver Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

Home>Mutual Funds>PPFAS Mutual Fund>Parag Parikh Tax Saver Fund Direct Growth

Parag Parikh Tax Saver Fund Direct Growth
Equity
ELSS
Moderately High Risk
3Y Lock In
0.37%
1M return
-0.85% 1D
1M
6M
1Y
All
 NAV: 27 Jan 2022₹19.19
Min. SIP amount₹1,000
RatingNA
Fund size₹375.27Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Absolute returns
3M6M1YAll
Fund returns1.0%11.7%34.1%93.5%
Category averageNANA54.9%NA
Rank with in category338NA
Understand terms
Holdings (26)NameSectorInstrumentAssets
Bajaj Holdings & Investment Ltd.
FinancialEquity8.7%
ITC Ltd.
FMCGEquity7.8%
Indian Energy Exchange Ltd.
ServicesEquity5.9%
HCL Technologies Ltd.
TechnologyEquity5.5%
Wipro Ltd.
TechnologyEquity5.3%
Axis Bank Ltd.
FinancialEquity5.0%
Hero Motocorp Ltd.
AutomobileEquity5.0%
ICICI Bank Ltd.
FinancialEquity5.0%
Tata Consultancy Services Ltd.
TechnologyEquity4.9%
Power Grid Corporation of India Ltd.
EnergyEquity4.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Nov 2021 - Present
0.99%
31 Oct 2021 - 30 Nov 2021
0.98%
30 Sep 2021 - 31 Oct 2021
1.16%
31 Aug 2021 - 30 Sep 2021
1.16%
31 Jul 2021 - 31 Aug 2021
1.15%
30 Jun 2021 - 31 Jul 2021
1.15%
31 May 2021 - 30 Jun 2021
1.16%
30 Apr 2021 - 31 May 2021
1.18%
31 Mar 2021 - 30 Apr 2021
1.25%
28 Feb 2021 - 31 Mar 2021
1.19%
31 Jan 2021 - 28 Feb 2021
1.19%
31 Dec 2020 - 31 Jan 2021
1.17%
30 Nov 2020 - 31 Dec 2020
1.16%
31 Oct 2020 - 30 Nov 2020
1.15%
30 Sep 2020 - 31 Oct 2020
1.15%
31 Aug 2020 - 30 Sep 2020
1.13%
31 Jul 2020 - 31 Aug 2020
1.14%
30 Jun 2020 - 31 Jul 2020
1.16%
31 May 2020 - 30 Jun 2020
1.19%
30 Apr 2020 - 31 May 2020
1.19%
31 Mar 2020 - 30 Apr 2020
1.11%
29 Feb 2020 - 31 Mar 2020
1.09%
31 Jan 2020 - 29 Feb 2020
1.09%
31 Dec 2019 - 31 Jan 2020
1.09%
30 Nov 2019 - 31 Dec 2019
1.09%
31 Oct 2019 - 30 Nov 2019
1.11%
30 Sep 2019 - 31 Oct 2019
1.16%
31 Aug 2019 - 30 Sep 2019
1.20%
Expense ratio, exit load and taxExpense ratio: 0.99%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000
Fund managementRajeev Thakkar
Jul 2019 - Present
View details
Education
Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.
Experience
He has been associated with PPFAS AMC since 2013.
Also manages these schemes
Parag Parikh Flexi Cap Fund Direct Growth
Parag Parikh Flexi Cap Fund Regular Growth
Parag Parikh Tax Saver Fund Direct Growth
Parag Parikh Tax Saver Fund Regular Growth
Parag Parikh Conservative Hybrid Fund Direct Growth
Parag Parikh Conservative Hybrid Fund Regular Growth
Parag Parikh Conservative Hybrid Fund Regular IDCW Monthly
Parag Parikh Conservative Hybrid Fund Direct IDCW Monthly
Raunak Onkar
Jul 2019 - Present
View details
Education
Mr.Onkar is an MMS (Finance) from the University of Mumbai.
Experience
He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
Also manages these schemes
Parag Parikh Flexi Cap Fund Direct Growth
Parag Parikh Flexi Cap Fund Regular Growth
Parag Parikh Tax Saver Fund Direct Growth
Parag Parikh Tax Saver Fund Regular Growth
Parag Parikh Conservative Hybrid Fund Direct Growth
Parag Parikh Conservative Hybrid Fund Regular Growth
Parag Parikh Conservative Hybrid Fund Regular IDCW Monthly
Parag Parikh Conservative Hybrid Fund Direct IDCW Monthly
Raj Mehta
Jul 2019 - Present
View details
Education
Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder.
Experience
Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Also manages these schemes
Parag Parikh Flexi Cap Fund Direct Growth
Parag Parikh Flexi Cap Fund Regular Growth
Parag Parikh Liquid Fund Regular Growth
Parag Parikh Liquid Fund Direct IDCW Monthly
Parag Parikh Liquid Fund Direct IDCW Daily
Parag Parikh Liquid Fund Direct IDCW Weekly
Parag Parikh Liquid Fund Regular IDCW Weekly
Parag Parikh Liquid Fund Direct Growth
Parag Parikh Tax Saver Fund Direct Growth
Parag Parikh Tax Saver Fund Regular Growth
Parag Parikh Conservative Hybrid Fund Direct Growth
Parag Parikh Conservative Hybrid Fund Regular Growth
Parag Parikh Conservative Hybrid Fund Regular IDCW Monthly
Parag Parikh Conservative Hybrid Fund Direct IDCW Monthly
Fund house & investment objective
PPFAS Mutual Fund
Rank (total assets)#23 in India
Total AUM₹22,465.04Cr
Date of IncorporationNA
 Parag Parikh Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by PPFAS Mutual Fund. This scheme was made available to in
 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 28 Jan 2022. 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 ₹22,465 Cr and the Latest NAV as of 27 Jan 2022 is ₹19.19.
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.
...Read more
Investment Objective
The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total as
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)
...Read more
Fund benchmarkNIFTY 500 TRI
Scheme Information Document(SID)
Fund house contact details
Address
81/82, 8th Floor, Sakhar Bhavan,Ramnath Goenka Marg,230 Nariman Point Mumbai 400021
Phone
022-61406555 / 1800-266-7790
Launch Date
NA
E-mail
[email protected]
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Parag Parikh Tax Saver Fund Direct Growth
VS
Add mutual fund to compare
FAQsHow to Invest in Parag Parikh Tax Saver Fund Direct Growth
You can easily invest in Parag Parikh Tax Saver Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account
 Search for Parag Parikh Tax Saver Fund Direct Growth from the search box 
 In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
 Once you are done with that, you can start investing in Parag Parikh Tax Saver Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Parag Parikh Tax Saver Fund Direct Growth provide?
The Parag Parikh Tax Saver Fund Direct Growth has been there from 24 Jul 2019 and the average annual returns provided by this
fund is 33.71% since its inception.
How much expense ratio is charged by Parag Parikh Tax Saver Fund Direct Growth?
The term Expense Ratio used for Parag Parikh Tax Saver Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. 

The Expense Ratio of Parag Parikh Tax Saver Fund Direct Growth is 0.99% as of 28 Jan 2022...
What is the AUM of Parag Parikh Tax Saver Fund Direct Growth?
The AUM, short for Assets Under Management of Parag Parikh Tax Saver Fund Direct Growth is ₹375.27Cr as of 28 Jan 2022.
How to Redeem Parag Parikh Tax Saver Fund Direct Growth?
If you want to sell your Parag Parikh Tax Saver Fund Direct Growth holdings, go to your holding on the app or
web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your
desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Parag Parikh Tax Saver Fund Direct Growth?
You can select either SIP  or Lumpsum  investment of Parag Parikh Tax Saver Fund Direct Growth based on your investment objective and risk tolerance.
What is the NAV of Parag Parikh Tax Saver Fund Direct Growth?
The NAV of Parag Parikh Tax Saver Fund Direct Growth is ₹19.19 as of 27 Jan 2022.
What is the PE and PB ratio of Parag Parikh Tax Saver Fund Direct Growth?
The PE ratio ratio of Parag Parikh Tax Saver Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

	3M	6M	1Y	All
Fund returns	1.0%	11.7%	34.1%	93.5%
Category average	NA	NA	54.9%	NA
Rank with in category	3	3	8	NA

Name	Sector	Instrument	Assets
Bajaj Holdings & Investment Ltd.	Financial	Equity	8.7%
ITC Ltd.	FMCG	Equity	7.8%
Indian Energy Exchange Ltd.	Services	Equity	5.9%
HCL Technologies Ltd.	Technology	Equity	5.5%
Wipro Ltd.	Technology	Equity	5.3%
Axis Bank Ltd.	Financial	Equity	5.0%
Hero Motocorp Ltd.	Automobile	Equity	5.0%
ICICI Bank Ltd.	Financial	Equity	5.0%
Tata Consultancy Services Ltd.	Technology	Equity	4.9%
Power Grid Corporation of India Ltd.	Energy	Equity	4.8%

Rank (total assets)	#23 in India
Total AUM	₹22,465.04Cr

Date of Incorporation	NA

Fund benchmark	NIFTY 500 TRI

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsFixed DepositUS Stocks
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestGroww AcademySitemap
ⓒ 2016-2022 Groww. All rights reserved, Built with ♥in India

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	NA
Fund size	₹375.27Cr