Parag Parikh ELSS Tax Saver Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.93
• Std Deviation 10.28%
• Tracking Error 0.00%

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.

The Parag Parikh ELSS Tax Saver Fund Regular Growth has an AUM of 4477.32 crores & has delivered CAGR of 28.22% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.73%. The minimum investment in Parag Parikh ELSS Tax Saver Fund Regular Growth is Rs 500 and the minimum SIP is Rs 1000.

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

The top holdings of the fund include Clearing Corporation Of India Ltd, Bajaj Holdings And Investment, Hdfc Bank & Coal India.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Misc. Financial Services & Coal.

Some of the similar funds are Parag Parikh ELSS Tax Saver Fund Regular Growth, Franklin India ELSS Tax Saver Fund Growth, HSBC ELSS Tax saver Fund Growth, Kotak ELSS Tax Saver-Scheme- Growth, Tata ELSS Tax Saver Fund Regular Growth. Parag Parikh ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 0.93 & a standard deviation of 10.28%.