Category: Equity: ELSS
Launch Date: 07-07-2019
Riskometer: Very High
Asset Class
Equity
Status
Open Ended Schemes
Fund Managers
Mr. Rajeev Thakkar, Mr. Raunak Onkar, Mr. Rukun Tarachandani, Mr. Raj Mehta and Ms. Mansi Kariya
Investment Objective
The investment objective of the Scheme is 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) However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Benchmark
NIFTY 500 TRI
Expense Ratio
1.71% As on (30-04-2025)
Minimum Investment | Top up
500.0 | 500.0
Total Assets
5,084.66 Cr As on (30-04-2025)
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
---|---|---|---|---|---|---|
Parag Parikh ELSS Tax Saver Fund- Regular Growth | 9.65 | 1.1 | 5.22 | 0.65 | - | - |
Equity: ELSS | - | - | - | - | - | - |
Sector | Holdings (%) |
---|---|
Financial Services | 36.14 |
N/A | 19.25 |
Information Technology | 12.67 |
Automobile and Auto Components | 8.64 |
power | 6.39 |
Oil, Gas & Consumable Fuels | 5.84 |
Fast Moving Consumer Goods | 5.32 |
Healthcare | 4.48 |
Services | 0.62 |
Chemicals | 0.4 |
Company | Holdings (%) |
---|---|
Clearing Corporation of India Ltd | 8.3 |
HDFC BANK LIMITED EQ NEW FV RE. 1/- | 8.24 |
BAJAJ HOLDINGS AND INVESTMENT LTD. EQ | 7.98 |
POWER GRID CORPORATION OF INDIA LIMITED EQ | 6.39 |
COAL INDIA LTD EQ | 5.84 |
MAHARASHTRA SCOOTERS LIMITED EQ | 5.66 |
ICICI BANK LIMITED EQ NEW FV RS. 2/- | 5.03 |
ITC LIMITED EQ NEW FV RE.1/- | 4.97 |
KOTAK MAHINDRA BANK LIMITED EQ NEW F.V RS.5/- | 4.44 |
HCL TECHNOLOGIES LIMITED EQ F.V. RS.2/- | 4.06 |