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mutual funds
parag parikh tax saver fund direct growth
Parag Parikh Tax Saver Fund Direct Growth

Parag Parikh Tax Saver Fund Direct Growth

  • Very High Risk
  • Equity
  • ELSS (Tax Savings)
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NAV as on Aug 6, 2025
i
Price per unit of the scheme.
₹ 33.6361-0.41%1 Day Change
-3.29%
Minimum Investment₹500
Expense Ratio0.78%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
5
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Parag Parikh Tax Saver Fund Direct Growth
VS
Equity: ELSS (Tax Savings) Average NAV
    Topper in Equity: ELSS (Tax Savings)
    HSBC Tax Saver Equity Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
    Share
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Parag Parikh Tax Saver Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty 500 TR INR
    Expense Ratio
    0.78%
    Category Avg Expense Ratio
    0.86%
    Minimum Investment (Lumpsum/SIP)
    ₹ 500 /₹ 1000
    Lock In (Years)
    3
    Fund Size
    ₹ 5,557.37 Cr(As on Jun, 2025)
    Inception Date
    Jul 26, 2019
    Turnover
    3.41 %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    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.

    Parag Parikh Tax Saver Fund Direct Growth is an Equity - ELSS (Tax Savings) fund. The fund was launched inJul 26, 2019. Its risk level is . The NAV of the fund as onAug 06, 2025 is ₹33.64. Its expense ratio is 0.78 %. The fund has an AUM of ₹5,557.37 Cr.The fund is managed byRaj Mehta,Rajeev Thakkar,Raunak Onkar,Rukun Tarachandani,Mansi Kariya.
    The minimum initial investment is  ₹500 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Rajeev Thakkar
    Rajeev Thakkar
    i
    Lead Fund Manager.
    Jul 26, 2019 - Present
    • Fund Manager Rank10Out of 36
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed3
    • Total AUM₹ 1,18,705.26 Cr
    • Highest Return In 1 Yr11.26 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Parag Parikh Flexi Cap Direct Growth
    ₹ 91.51
    -1.19%
    -2.28%
    Very High Risk
    ₹1,10,392.32Cr
    Parag Parikh Conservative Hybrid Fund Direct Growth
    --
    ₹ 15.30
    0.32%
    -0.21%
    Moderately High risk
    ₹2,755.57Cr
    Parag Parikh Tax Saver Fund Direct Growth
    ₹ 33.64
    -3.29%
    -2.59%
    Very High Risk
    ₹5,557.37Cr
    Parag Parikh Flexi Cap Direct Growth
    Very High Risk
    • NAV₹ 91.51
    • Fund Size₹1,10,392.32Cr
    Fund Return-1.19%
    Category Return-2.28%
    Parag Parikh Conservative Hybrid Fund Direct Growth
    Moderately High risk--
    • NAV₹ 15.30
    • Fund Size₹2,755.57Cr
    Fund Return0.32%
    Category Return-0.21%
    Parag Parikh Tax Saver Fund Direct Growth
    Very High Risk
    • NAV₹ 33.64
    • Fund Size₹5,557.37Cr
    Fund Return-3.29%
    Category Return-2.59%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Raj Mehta
    Raj Mehta
    i
    Lead Fund Manager.
    Jul 26, 2019 - Present
    • Schemes managed4
    • Total AUM₹ 1,22,402.08 Cr
    • Highest Return In 1 Yr11.26 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Parag Parikh Flexi Cap Direct Growth
    ₹ 91.51
    -1.19%
    -2.28%
    Very High Risk
    ₹1,10,392.32Cr
    Parag Parikh Conservative Hybrid Fund Direct Growth
    --
    ₹ 15.30
    0.32%
    -0.21%
    Moderately High risk
    ₹2,755.57Cr
    Parag Parikh Liquid Fund Direct Growth
    --
    ₹ 1,467.51
    0.45%
    0.41%
    Low to Moderate Risk
    ₹3,696.83Cr
    Parag Parikh Flexi Cap Direct Growth
    Very High Risk
    • NAV₹ 91.51
    • Fund Size₹1,10,392.32Cr
    Fund Return-1.19%
    Category Return-2.28%
    Parag Parikh Conservative Hybrid Fund Direct Growth
    Moderately High risk--
    • NAV₹ 15.30
    • Fund Size₹2,755.57Cr
    Fund Return0.32%
    Category Return-0.21%
    Parag Parikh Liquid Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,467.51
    • Fund Size₹3,696.83Cr
    Fund Return0.45%
    Category Return0.41%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Raunak Onkar
    Raunak Onkar
    i
    Lead Fund Manager.
    Jul 26, 2019 - Present
    • Schemes managed3
    • Total AUM₹ 1,18,705.26 Cr
    • Highest Return In 1 Yr11.26 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Parag Parikh Flexi Cap Direct Growth
    ₹ 91.51
    -1.19%
    -2.28%
    Very High Risk
    ₹1,10,392.32Cr
    Parag Parikh Conservative Hybrid Fund Direct Growth
    --
    ₹ 15.30
    0.32%
    -0.21%
    Moderately High risk
    ₹2,755.57Cr
    Parag Parikh Tax Saver Fund Direct Growth
    ₹ 33.64
    -3.29%
    -2.59%
    Very High Risk
    ₹5,557.37Cr
    Parag Parikh Flexi Cap Direct Growth
    Very High Risk
    • NAV₹ 91.51
    • Fund Size₹1,10,392.32Cr
    Fund Return-1.19%
    Category Return-2.28%
    Parag Parikh Conservative Hybrid Fund Direct Growth
    Moderately High risk--
    • NAV₹ 15.30
    • Fund Size₹2,755.57Cr
    Fund Return0.32%
    Category Return-0.21%
    Parag Parikh Tax Saver Fund Direct Growth
    Very High Risk
    • NAV₹ 33.64
    • Fund Size₹5,557.37Cr
    Fund Return-3.29%
    Category Return-2.59%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rukun Tarachandani
    Rukun Tarachandani
    i
    Lead Fund Manager.
    May 16, 2022 - Present
    • Schemes managed3
    • Total AUM₹ 1,18,705.26 Cr
    • Highest Return In 1 Yr11.26 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Parag Parikh Flexi Cap Direct Growth
    ₹ 91.51
    -1.19%
    -2.28%
    Very High Risk
    ₹1,10,392.32Cr
    Parag Parikh Conservative Hybrid Fund Direct Growth
    --
    ₹ 15.30
    0.32%
    -0.21%
    Moderately High risk
    ₹2,755.57Cr
    Parag Parikh Tax Saver Fund Direct Growth
    ₹ 33.64
    -3.29%
    -2.59%
    Very High Risk
    ₹5,557.37Cr
    Parag Parikh Flexi Cap Direct Growth
    Very High Risk
    • NAV₹ 91.51
    • Fund Size₹1,10,392.32Cr
    Fund Return-1.19%
    Category Return-2.28%
    Parag Parikh Conservative Hybrid Fund Direct Growth
    Moderately High risk--
    • NAV₹ 15.30
    • Fund Size₹2,755.57Cr
    Fund Return0.32%
    Category Return-0.21%
    Parag Parikh Tax Saver Fund Direct Growth
    Very High Risk
    • NAV₹ 33.64
    • Fund Size₹5,557.37Cr
    Fund Return-3.29%
    Category Return-2.59%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Mansi Kariya
    Mansi Kariya
    i
    Lead Fund Manager.
    Dec 22, 2023 - Present
    • Schemes managed4
    • Total AUM₹ 1,22,402.08 Cr
    • Highest Return In 1 Yr11.26 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Parag Parikh Flexi Cap Direct Growth
    ₹ 91.51
    -1.19%
    -2.28%
    Very High Risk
    ₹1,10,392.32Cr
    Parag Parikh Tax Saver Fund Direct Growth
    ₹ 33.64
    -3.29%
    -2.59%
    Very High Risk
    ₹5,557.37Cr
    Parag Parikh Conservative Hybrid Fund Direct Growth
    --
    ₹ 15.30
    0.32%
    -0.21%
    Moderately High risk
    ₹2,755.57Cr
    Parag Parikh Flexi Cap Direct Growth
    Very High Risk
    • NAV₹ 91.51
    • Fund Size₹1,10,392.32Cr
    Fund Return-1.19%
    Category Return-2.28%
    Parag Parikh Tax Saver Fund Direct Growth
    Very High Risk
    • NAV₹ 33.64
    • Fund Size₹5,557.37Cr
    Fund Return-3.29%
    Category Return-2.59%
    Parag Parikh Conservative Hybrid Fund Direct Growth
    Moderately High risk--
    • NAV₹ 15.30
    • Fund Size₹2,755.57Cr
    Fund Return0.32%
    Category Return-0.21%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (85.30%)
    DEBT (1.55%)
    CASH (13.15%)
    Allocation by Market Cap
    Large Cap(72.74%)
    Mid Cap(1.20%)
    Small Cap(11.36%)
    Industry Holdings
    • Banks Regional23.37%
    • Information Technology Services14.59%
    • Asset Management10.28%
    • Auto Parts9.21%
    • Auto Manufacturers8.35%
    • Utilities Regulated Electric7.18%
    Stock Holdings
    • Bajaj Holdings and Investment Ltd8.77%
    • HDFC Bank Ltd8.12%
    • Maharashtra Scooters Ltd6.54%
    • Power Grid Corp Of India Ltd6.13%
    • Coal India Ltd5.79%
    • ITC Ltd4.94%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      6.94
      This Fund
      VS
      2.45
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      81.86
      This Fund
      VS
      85.94
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.66
      This Fund
      VS
      0.93
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.36
      This Fund
      VS
      0.85
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      2.55
      This Fund
      VS
      1.39
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      9.65
      This Fund
      VS
      13.18
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Groww ELSS Tax Saver Direct GrowthGroww ELSS Tax Saver Direct Growth
    ₹ 22.61
    -0.57%
    -2.59%
    Very High Risk
    ₹ 52.69 Cr
    Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth OptionNippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option
    ₹ 139.25
    -1.32%
    -2.59%
    Very High Risk
    ₹ 15,623.15 Cr
    Sundaram Tax Savings Fund - Direct Plan - GrowthSundaram Tax Savings Fund - Direct Plan - Growth
    ₹ 541.43
    -1.47%
    -2.59%
    Very High Risk
    ₹ 1,394.52 Cr
    Sundaram Diversified Equity - Direct Plan - Growth OptionSundaram Diversified Equity - Direct Plan - Growth Option
    ₹ 232.50
    -1.57%
    -2.59%
    Very High Risk
    ₹ 1,519.21 Cr
    ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan GrowthICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth
    ₹ 1,014.00
    -1.75%
    -2.59%
    Very High Risk
    ₹ 14,660.64 Cr
    LIC MF ELSS-Direct Plan Growth OptionLIC MF ELSS-Direct Plan Growth Option
    ₹ 171.51
    -1.79%
    -2.59%
    Very High Risk
    ₹ 1,143.39 Cr
    Groww ELSS Tax Saver Direct Growth
    Very High Risk
    • NAV₹ 22.61
    • Fund Size₹ 52.69 Cr
    Fund Return-0.57%
    Category Return-2.59%
    Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option
    Very High Risk
    • NAV₹ 139.25
    • Fund Size₹ 15,623.15 Cr
    Fund Return-1.32%
    Category Return-2.59%
    Sundaram Tax Savings Fund - Direct Plan - Growth
    Very High Risk
    • NAV₹ 541.43
    • Fund Size₹ 1,394.52 Cr
    Fund Return-1.47%
    Category Return-2.59%
    Sundaram Diversified Equity - Direct Plan - Growth Option
    Very High Risk
    • NAV₹ 232.50
    • Fund Size₹ 1,519.21 Cr
    Fund Return-1.57%
    Category Return-2.59%
    ICICI Prudential Long Term Equity Fund (Tax Saving) Direct Plan Growth
    Very High Risk
    • NAV₹ 1,014.00
    • Fund Size₹ 14,660.64 Cr
    Fund Return-1.75%
    Category Return-2.59%
    LIC MF ELSS-Direct Plan Growth Option
    Very High Risk
    • NAV₹ 171.51
    • Fund Size₹ 1,143.39 Cr
    Fund Return-1.79%
    Category Return-2.59%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Parag Parikh Liquid Fund Direct GrowthParag Parikh Liquid Fund Direct Growth
    --
    ₹ 1,467.51
    0.45%
    0.41%
    Low to Moderate Risk
    ₹ 3,696.83 Cr
    Parag Parikh Conservative Hybrid Fund Direct GrowthParag Parikh Conservative Hybrid Fund Direct Growth
    --
    ₹ 15.30
    0.32%
    -0.21%
    Moderately High risk
    ₹ 2,755.57 Cr
    Parag Parikh Flexi Cap Direct GrowthParag Parikh Flexi Cap Direct Growth
    ₹ 91.51
    -1.19%
    -2.28%
    Very High Risk
    ₹ 1,10,392.32 Cr
    Parag Parikh Tax Saver Fund Direct GrowthParag Parikh Tax Saver Fund Direct Growth
    ₹ 33.64
    -3.29%
    -2.59%
    Very High Risk
    ₹ 5,557.37 Cr
    Parag Parikh Liquid Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,467.51
    • Fund Size₹ 3,696.83 Cr
    1 Month Return0.45%
    Category Return0.41%
    Parag Parikh Conservative Hybrid Fund Direct Growth
    Moderately High risk--
    • NAV₹ 15.30
    • Fund Size₹ 2,755.57 Cr
    1 Month Return0.32%
    Category Return-0.21%
    Parag Parikh Flexi Cap Direct Growth
    Very High Risk
    • NAV₹ 91.51
    • Fund Size₹ 1,10,392.32 Cr
    1 Month Return-1.19%
    Category Return-2.28%
    Parag Parikh Tax Saver Fund Direct Growth
    Very High Risk
    • NAV₹ 33.64
    • Fund Size₹ 5,557.37 Cr
    1 Month Return-3.29%
    Category Return-2.59%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    PPFAS Asset Management Pvt. Ltd
    PPFAS Asset Management Pvt. Ltd manages assets worth ₹ 1,26,285.44 crores. It’s current offering of mutual fund schemes includes 2 equity, 2 hybrid schemes.
    phone icon
    Phone
    +91 22 61406555
    mail icon
    Email
    swapnil@ppfas.com
    aum
    AUM
    ₹ 1,26,285.44 Cr (
    As on Jun 30, 2025
    )
    location
    Address
    Great Western Building, 1st Floor, Mumbai,400 001

    bt_logoFAQ's

    What is the category of Parag Parikh Tax Saver Fund Direct Growth ?
    The category of Parag Parikh Tax Saver Fund Direct Growth is Equity - ELSS (Tax Savings)
    What is the current NAV of Parag Parikh Tax Saver Fund Direct Growth ?
    The current NAV of Parag Parikh Tax Saver Fund Direct Growth as on Aug 06, 2025 is ₹33.64
    How safe is Parag Parikh Tax Saver Fund Direct Growth ?
    The risk level of Parag Parikh Tax Saver Fund Direct Growth is Very High.
    What are short term returns given by Parag Parikh Tax Saver Fund Direct Growth ?
    The return given by Parag Parikh Tax Saver Fund Direct Growth in 1 month is -3.29%, 3 months is 2.96%, 6 months is 4.52%, and 1 year is 8.23%
    What are the long term returns given by Parag Parikh Tax Saver Fund Direct Growth ?
    The return given by Parag Parikh Tax Saver Fund Direct Growth in 3 years is 19.97% and 5 years is 23.51%.
    What is the expense ratio of Parag Parikh Tax Saver Fund Direct Growth ?
    The expense ratio of Parag Parikh Tax Saver Fund Direct Growth is 0.78%
    What is the AUM of Parag Parikh Tax Saver Fund Direct Growth ?
    The assets under Management (AUM) of Parag Parikh Tax Saver Fund Direct Growth is Rs 5,557.37 crores.
    What is the minimum investment in Parag Parikh Tax Saver Fund Direct Growth ?
    The minimum Lumpsum investment in Parag Parikh Tax Saver Fund Direct Growth is ₹500.00 and the minimum SIP investment in Parag Parikh Tax Saver Fund Direct Growth is ₹1,000.00
    What is the asset allocation of Parag Parikh Tax Saver Fund Direct Growth?
    Parag Parikh Tax Saver Fund Direct Growth has an exposure of 85.30% in Equity, 1.55% in Debt and 13.15% in Cash & Money Market Securities

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