Parag Parikh ELSS Tax Saver Fund- Regular Growth
Category: Equity: ELSS
Launch Date: 07-07-2019
Riskometer: Very High
Asset Class
Equity
Status
Open Ended Schemes
Fund Managers
Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, Mansi Kariya
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)
Benchmark
NIFTY 500 TRI
Expense Ratio
1.73% As on (31-01-2025)
Minimum Investment | Top up
500.0 | 500.0
Total Assets
4,572.13 Cr As on (31-01-2025)
Nav Movement
RETURNS CALCULATOR for Parag Parikh ELSS Tax Saver Fund- Regular Growth
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
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 Performance and Risk Statistics of Parag Parikh ELSS Tax Saver Fund- Regular Growth
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Parag Parikh ELSS Tax Saver Fund- Regular Growth | 9.65 | 0.94 | 4.39 | 0.66 | - | - |
| Equity: ELSS | - | - | - | - | - | - |
Sectors
| Sector | Holdings (%) |
|---|---|
| Banks | 20.21 |
| N/A | 18.33 |
| IT - Software | 13.99 |
| Finance | 13.44 |
| Automobiles | 7.41 |
| Power | 6.52 |
| Consumable Fuels | 6.21 |
| Diversified FMCG | 5.04 |
| Pharmaceuticals & Biotechnology | 3.43 |
| Capital Markets | 1.89 |
Portfolio Holdings
| Company | Holdings (%) |
|---|---|
| Clearing Corporation of India Ltd | 8.72 |
| BAJAJ HOLDINGS AND INVESTMENT LTD. | 8.57 |
| HDFC BANK LIMITED | 8.09 |
| POWER GRID CORPORATION OF INDIA LIMITED | 6.52 |
| COAL INDIA LTD | 6.21 |
| ITC LIMITED | 5.04 |
| ICICI BANK LIMITED | 4.91 |
| MAHARASHTRA SCOOTERS LIMITED | 4.87 |
| MARUTI SUZUKI INDIA LIMITED | 4.29 |
| KOTAK MAHINDRA BANK LIMITED | 4.25 |