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Business News/Market/Market Stats/    Parag Parikh ELSS Tax Saver Fund Regular Growth

Parag Parikh ELSS Tax Saver Fund Regular Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 4
  • Plan
26.64 +0.16 (0.61%) NAV as on 29 Feb, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)2760.76
  • CAGR 33.48%
  • Exit Load0.00%
  • Expense ratio1.83%
  • CategoryEquity
  • Min Investment500
  • Min SIP1000
  • Launch Date2019-07-26

Morning Star Rating 4

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 01 March 2024

  • Name
  • Value (Cr)
  • Holding %
  • Clearing Corporation Of India Ltd
  • 189.70
  • 6.87%
  • ITC
  • 136.75
  • 4.95%
View More

Risk & Volitility

  • Alpha 0.00%
  • Beta 0.00
  • Sharpe Ratio1.65
  • Std Deviation 9.92%
  • Tracking Error 0.00%

About Fund

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 2760.76 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.83%. 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 & Investment, Clearing Corporation Of India Ltd & 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 Motilal Oswal ELSS Tax Saver Fund Regular Plan Growth, Invesco India ELSS Tax Saver Fund Growth, Sundaram Diversified Equity Fund Growth, Parag Parikh ELSS Tax Saver Fund Regular Growth, UTI ELSS Tax Saver Fund - Regular Plan - Growth. Parag Parikh ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 1.65 & a standard deviation of 9.92%.

FAQs about Parag Parikh ELSS Tax Saver Fund Regular Growth

According to the morning star rating Parag Parikh ELSS Tax Saver Fund Regular Growth has a Moderate risk & Exceptional return.
Parag Parikh ELSS Tax Saver Fund Regular Growth is managed by Raj Mehta,Rajeev Thakkar,Raunak Onkar,Rukun Tarachandani,Mansi Kariya.
The expense ratio of Parag Parikh ELSS Tax Saver Fund Regular Growth is 1.83%.
The 5 year annualized return on Parag Parikh ELSS Tax Saver Fund Regular Growth is 0.00% & it has generated 33.48% in the last 1 year.
The minimum investment in Parag Parikh ELSS Tax Saver Fund Regular Growth is 500 Rs.
Parag Parikh ELSS Tax Saver Fund Regular Growth has an AUM of 2760.76 crores.
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