Parag Parikh ELSS Tax Saver Fund Direct - Growth

Q: What are the returns of Parag Parikh ELSS Tax Saver Fund?

The Parag Parikh ELSS Tax Saver Fund is a 6 yrs old fund and has delivered average annual returns of 22.88% since inception. Parag Parikh ELSS Tax Saver Fund Returns 1-Year 3-Year 5-Year Since Inception 8.89% 22.23% 25.31% 22.88%

Previously called: Parag Parikh Tax Saver Direct-G

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹34.4774+0.56% 1 day change	22.88% p.a.	#NA View Ranked Funds	₹5,294 Cr

Historical NAV & returns

NAV: ₹34.4774 as on Jul 21, 2025

This fund Category average

Parag Parikh ELSS Tax Saver Fund overview

Expense ratio	0.62% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹5,294 Cr
Lock-in Period	3 Years
Age	6 yrs since Jul 04, 2019
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹500
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Parag Parikh ELSS Tax Saver Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 12, 2025

Period	This fund	Category average
1 Month	-0.57%	-0.16%
3 Months	5.29%	6.22%
6 Months	8.74%	9.28%
1 Year	8.89%	3.96%
2 Years	22.16%	20.25%
3 Years	22.23%	20.59%
4 Years	18.96%	16.46%
5 Years	25.31%	23.6%

View returns in detail

Asset allocationas on May 31, 2025

Large Cap 70.8%

Mid Cap 1.7%

Small Cap 9.85%

Other Cap 0%

Top holdings

Bajaj Holdings & Investment Ltd.8.59%

HDFC Bank Ltd.8.18%

Maharashtra Scooters Ltd.6.34%

Coal India Ltd.6.05%

Top sectors

Financial 29.47%

Automobile 14.69%

Technology 12.580000000000002%

Materials 6.05%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Others 6.69%

Kotak Mahindra Bank Ltd. 1.38%

National Bank For Agriculture & Rural Development 1.36%

HDFC Bank Ltd. 1.35%

Allocation by Instruments

Certificate of Deposit 11.419999999999998%

CBLO 6.69%

Treasury Bills 0.09%

Other Holdings

Bifurcation by Holding is not available for this fund

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Parag Parikh ELSS Tax Saver Fund	N.A.	5,294 Cr	6 yrs	0.62%
HDFC ELSS Tax Saver Fund	N.A.	16,454 Cr	12 yrs 6 m	1.05%
SBI Long Term Equity Fund	N.A.	28,506 Cr	12 yrs 6 m	0.93%
DSP ELSS Tax Saver Fund	N.A.	16,974 Cr	12 yrs 6 m	0.74%
Kotak ELSS Tax Saver Fund	N.A.	6,266 Cr	12 yrs 6 m	0.63%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Parag Parikh ELSS Tax Saver Fund	-0.57%	8.74%	8.89%	22.23%	25.31%	N.A.
HDFC ELSS Tax Saver Fund	-0.92%	10.74%	6.09%	24.7%	26.21%	14.06%
SBI Long Term Equity Fund	0.25%	8.63%	4.54%	27.55%	27.55%	14.89%
DSP ELSS Tax Saver Fund	-0.31%	9.63%	4.58%	22.81%	25.42%	16.52%
Kotak ELSS Tax Saver Fund	-0.05%	8.38%	0.99%	20.14%	23.49%	15.16%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Parag Parikh ELSS Tax Saver Fund	9.79	0.64	1.64	2.46
HDFC ELSS Tax Saver Fund	11.92	0.83	1.6	2.57
SBI Long Term Equity Fund	13.7	0.94	1.58	2.49
DSP ELSS Tax Saver Fund	13.64	0.94	1.32	2.13
Kotak ELSS Tax Saver Fund	13.44	0.92	1.17	1.57

View all Elss funds

Key risk & return ratios Compared to other funds in the category

Alpha	6.84 vs. 7.03 Underperformed at beating benchmark
Sharpe	1.64 vs. 7.57 Poor risk-adjusted returns
Beta	0.64 vs. 1.13 Less sensitive to market ups & downs
Standard deviation	9.79 vs. 12.46 More stable returns

Compare Parag Parikh ELSS Tax Saver Fund in detail with

About this fund

About Parag Parikh ELSS Tax Saver Fund

Parag Parikh ELSS Tax Saver Fund Direct - Growth is a ELSS mutual fund scheme from Ppfas Mutual Fund. This fund has been in existence for 6 yrs, having been launched on 04/07/2019. Parag Parikh ELSS Tax Saver Fund Direct - Growth has ₹5,294 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Parag Parikh ELSS Tax Saver Fund Direct - Growth as of 21/07/2025 is ₹34.48. The fund has an expense ratio of 0.62%, which is less than what most other Elss funds charge.

Parag Parikh ELSS Tax Saver Fund Direct - Growth returns of last 1-year are 9.06%. Since launch, it has delivered 22.92% average annual returns. The fund has doubled the money invested in it every 4 yrs.
Parag Parikh ELSS Tax Saver Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund has the majority of its money invested in Financial, Automobile, Technology, Materials, Energy sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The fund's top 5 holdings are in Bajaj Holdings & Investment Ltd., HDFC Bank Ltd., Maharashtra Scooters Ltd., Coal India Ltd., Power Grid Corporation Of India Ltd..

...

Fund AUM	5,294 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Rajeev Thakkar

Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP. He has been associated with PPFAS AMC since 2013.

Raj Mehta

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. 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.

Raunak Onkar

Mr.Onkar is an MMS (Finance) from the University of Mumbai. 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.

Rukun Tarachandani

Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF. Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.

Mansi Kariya

Ms. Karia has done B.Com, MS Finance and CFA Prior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research

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)

PPFAS Mutual Fund details

No. of schemes	6 view all schemes
Total AUM	1,16,146 Cr as on Jun 30, 2025
Address	702-705, 7th Floor, 349 Business Point Commercial Premises Co-op. Society Ltd., Western Express Highway, Andheri (East), Mumbai, 400069
Email	mf@ppfas.com
Phone	022 6906 6100, 91 22 6140 6555

More funds from PPFAS Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Parag Parikh Flexi Cap Fund	N.A.	1,03,868 Cr	10.45%	25.21%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of Parag Parikh ELSS Tax Saver Fund?

The current Net Asset Value (NAV) of the Parag Parikh ELSS Tax Saver Fund - Direct Growth plan is approximately ₹34.4774 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Parag Parikh ELSS Tax Saver Fund is a 6 yrs old fund and has delivered average annual returns of 22.88% since inception.

Parag Parikh ELSS Tax Saver Fund Returns

1-Year	3-Year	5-Year	Since Inception
8.89%	22.23%	25.31%	22.88%

How much does this mutual fund charge as expense ratio?

The Parag Parikh ELSS Tax Saver Fund - Direct Growth has an expense ratio of 0.62%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Parag Parikh ELSS Tax Saver Fund currently has assets under management (AUM) or fund size valued at approximately 5,294 Cr as on May 31, 2025.

What are the top stock holdings of Parag Parikh ELSS Tax Saver Fund?

The Parag Parikh ELSS Tax Saver Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
Bajaj Holdings & Investment Ltd.	8.59%
HDFC Bank Ltd.	8.18%
Maharashtra Scooters Ltd.	6.34%
Coal India Ltd.	6.05%
Power Grid Corporation Of India Ltd.	5.96%
ICICI Bank Ltd.	4.9%
ITC Ltd.	4.81%
HCL Technologies Ltd.	4.07%
Kotak Mahindra Bank Ltd.	4.01%
Infosys Ltd.	3.96%

What are the top sectors Parag Parikh ELSS Tax Saver Fund has invested in?

The Parag Parikh ELSS Tax Saver Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	29.47%
Automobile	14.69%
Technology	12.580000000000002%
Materials	6.05%
Energy	5.96%
Consumer Staples	5.72%
Healthcare	4.38%
Services	1.6900000000000002%
Communication	1.55%
Capital Goods	0.24%

What is risk level of Parag Parikh ELSS Tax Saver Fund?

This is a Elss fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

Yes, this fund comes with a mandatory lock-in period of 3 years.

How do I invest in Parag Parikh ELSS Tax Saver Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Parag Parikh ELSS Tax Saver Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Parag Parikh ELSS Tax Saver Fund is complete.

How can I redeem my investments in Parag Parikh ELSS Tax Saver Fund?

Redeeming your investments in Parag Parikh ELSS Tax Saver Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Parag Parikh ELSS Tax Saver Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in ELSS

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst ELSS funds in the last 5 Years.
Chance: This fund has generated a 24.57% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Exit Load: This fund has no exit load.