Parag Parikh ELSS Tax Saver Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.98
• Std Deviation 9.37%
• 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 5638.79 crores & has delivered CAGR of 20.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.72%. 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 HDFC Bank, Bajaj Holdings And Investment, Maharashtra Scooters & Power Grid Corporation of India.

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

Some of the similar funds are Motilal Oswal ELSS Tax Saver Fund Regular Plan Growth, Franklin India ELSS Tax Saver Fund Growth, Parag Parikh ELSS Tax Saver Fund Regular Growth, Kotak ELSS Tax Saver-Scheme- Growth, Tata ELSS Fund Regular Growth. Parag Parikh ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 0.98 & a standard deviation of 9.37%.