Parag Parikh ELSS Tax Saver Fund Regular Growth NAV today
AMFI: 147482ISIN: INF879O01092MUTF_IN: PARA_PARI_ELSS_VUJEPYPPFAS Mutual FundELSS funds
Formerly Parag Parikh Tax Saver Fund
NAV ₹28.0498down ₹0.22 (0.78%)
NAV for 23 Oct 2026, against 22 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹5,401 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.83%19 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- None
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 16.630 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 4830 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 24 Jul 2019
Parag Parikh ELSS Tax Saver Fund returns
Regular Growth plan
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −2.57% | −3.77% | – | – | – |
| 1 month | −2.84% | −6.54% | 1 of 50 | −7.11% | −9.0% to −5.8% |
| 3 months | −4.03% | −6.53% | 5 of 50 | −6.13% | −7.2% to −5.2% |
| 6 months | −5.39% | −5.44% | 34 of 50 | −4.77% | −5.6% to −3.6% |
| 1 year | −14.16% | −8.97% | 50 of 50 | −8.76% | −10.5% to −5.9% |
| 3 years | +6.87% | +9.29% | 38 of 49 | +8.87% | +7.4% to +11.3% |
| 5 years | +8.29% | +7.90% | 25 of 46 | +8.40% | +6.6% to +10.6% |
| 10 years | Needs 10 years | – | – | +11.25% | +10.5% to +12.7% |
₹10,000 put in on 26 Jul 2019 is ₹28,016 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: Nifty 500 TRI, over the same days as the fund. Rank, median and middle half among the Regular plans of ELSS funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | −10.49% | −2.03% |
| 3 years | +6.77% | +9.50% |
| 5 years | +8.73% | +9.04% |
| Since launch | +15.48% | +14.17% |
Benchmark: Nifty 500 TRI. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Nifty 500 TRIBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer.
Highest year to Dec 2021, +36.2%; lowest year to Dec 2025, +5.0%Above the benchmark in 5 of 6 years
Parag Parikh ELSS Tax Saver Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,12,463₹1,12,457 after stamp duty | −11.91% | −11.92% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,46,555₹3,46,537 after stamp duty | −2.49% | −2.50% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,88,919₹6,88,885 after stamp duty | +5.52% | +5.51% | ₹30 | |
| Since Jul 201987 instalments | ₹8,70,000 | ₹13,20,757₹13,20,707 after stamp duty | +11.36% | +11.36% | ₹38 |
10 years: Launched 24 Jul 2019, needs 10 years of history.
Rolling returns
Per cent a year, every window from 26 Jul 2019 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year1,542 windows−14.2%+20.2%+89.3%90.6%
3 years1,045 windows+6.2%+19.7%+35.8%100.0%
5 years555 windows+7.8%+19.8%+30.8%100.0%
10 yearsLaunched 24 Jul 2019, needs 11 years of history
Every 3 and 5-year window ended higher than it started.
Parag Parikh ELSS Tax Saver Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.18 ptsA year, on 19 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.65%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.83%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.25%, Mar 2021.Direct plan lowest 0.61%, Apr 2025.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.54% | 1.54% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.11% | 0.29% |
Per cent of assets a year, filed for 19 Oct 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹500
- Minimum top-up
- ₹500
- Minimum redemption
- ₹1
- SIP
- Accepted
- SIP minimum
- Monthly: 1000/Quarterly : 3000
- SIP instalments, at least
- Monthly - 6; Quarterly - 4
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- 3 years
- SIP dates
- Any date within Month or Quarter (up to a maximum of 6 dates per application)
As listed for this plan on 24 Oct 2026.
Parag Parikh ELSS Tax Saver Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹5,619 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 66.8%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹5,840 Cr, quarter to Dec 2025.
Assets at each month end
Highest ₹5,915 Cr, Dec 2025.Lowest ₹55 Cr, Jul 2020.
Parag Parikh ELSS Tax Saver Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|
| HDFC BankBanks | Shares | Large cap2nd | 7.57% | 409.05 | 57,71,785 | Jul 2023 |
| Bajaj Holdings & InvestmentFinance | Shares | Large cap91st | 7.05% | 380.55 | 3,52,751 | Jan 2021or earlier |
| Power Grid Corporation of IndiaPower | Shares | Large cap32nd | 6.58% | 355.52 | 1,36,47,455 | Sep 2021 |
| Coal IndiaConsumable Fuels | Shares | Large cap30th | 6.46% | 348.91 | 82,09,670 | Mar 2022 |
| Maharashtra ScootersFinance | Shares | Small cap433rd | 5.50% | 297.19 | 2,36,313 | Feb 2022 |
| ITCDiversified FMCG | Shares | Large cap17th | 5.02% | 271.23 | 1,03,22,837 | Jan 2021or earlier |
| ICICI BankBanks | Shares | Large cap5th | 4.86% | 262.37 | 19,85,120 | Jan 2021or earlier |
| Kotak Mahindra BankBanks | Shares | Large cap16th | 4.70% | 253.95 | 60,89,925 | Nov 2023 |
| HCL TechnologiesIT - Software | Shares | Large cap19th | 4.36% | 235.55 | 19,15,041 | Jan 2021or earlier |
| Axis BankBanks | Shares | Large cap15th | 3.63% | 196.03 | 15,98,937 | Jan 2021or earlier |
| Maruti Suzuki IndiaAutomobiles | Shares | Large cap12th | 3.53% | 190.45 | 1,59,145 | Jan 2021or earlier |
| Mahindra & MahindraAutomobiles | Shares | Large cap14th | 3.51% | 189.35 | 6,41,849 | Dec 2024 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 3.41% | 184.18 | 10,48,262 | May 2025 |
| InfosysIT - Software | Shares | Large cap9th | 3.13% | 169.10 | 17,01,022 | Mar 2023 |
| CCL Products (India)Agricultural Food & other Products | Shares | Small cap454th | 2.65% | 142.93 | 14,01,976 | Mar 2021 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TRP_011026 | 3.18% | 171.70 |
| Net Receivables / (Payables) | 0.00% | 0.24 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 7.57%HDFC Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 33.16%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 55.73%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 22.5Taken over 96.82% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares90.92%
- Bonds and bills0.27%
- REIT and InvIT units5.63%
- Cash and receivables3.18%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap75.82%Category 50.29%
- Mid cap3.96%Category 18.21%
- Small cap20.22%Category 30.48%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Category is the average of 51 ELSS funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.13sectors
- Financial Services35.56%Category 29.60%
- Information Technology10.59%Category 5.55%
- Fast Moving Consumer Goods10.35%Category 3.90%
- Automobile And Auto Components7.75%Category 7.87%
- Oil Gas & Consumable Fuels7.13%Category 3.43%
- Power6.58%Category 2.20%
- Healthcare4.86%Category 8.89%
- Telecommunication3.51%Category 2.90%
- Services2.51%Category 2.22%
- Forest Materials1.29%Category 0.21%
- Realty0.56%Category 1.21%
- Capital Goods0.21%Category 9.71%
- Textiles0.02%Category 1.09%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 51 ELSS funds. Category average. The sector's weight, less the futures sold on it, averaged over the 51 ELSS funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services10 companies | 35.56% | 36.11% | 35.00% | 35.43% | 34.26% | 33.05% | 32.31% | 33.70% | 33.78% | 34.34% | 35.09% | 35.63% | |
| Information Technology4 companies | 10.59% | 11.40% | 11.29% | 9.78% | 11.33% | 11.28% | 11.44% | 10.99% | 11.42% | 11.19% | 11.14% | 10.78% | |
| Fast Moving Consumer Goods6 companies | 10.35% | 10.08% | 10.67% | 11.16% | 10.84% | 11.25% | 10.25% | 9.74% | 9.20% | 8.86% | 8.87% | 8.86% | |
| Automobile And Auto Components4 companies | 7.75% | 8.17% | 8.35% | 8.10% | 7.85% | 7.43% | 7.74% | 8.47% | 8.75% | 9.37% | 9.27% | 9.17% | |
| Oil Gas & Consumable Fuels4 companies | 7.13% | 6.54% | 6.62% | 7.15% | 7.38% | 7.56% | 7.05% | 6.19% | 6.27% | 5.54% | 5.26% | 5.51% | |
| Power1 company | 6.58% | 6.41% | 6.81% | 6.98% | 7.16% | 7.73% | 7.68% | 7.12% | 6.07% | 6.11% | 5.99% | 6.13% | |
| Healthcare4 companies | 4.86% | 4.67% | 4.63% | 4.91% | 4.76% | 4.34% | 4.40% | 4.31% | 4.08% | 4.16% | 4.21% | 4.09% | |
| Telecommunication2 companies | 3.51% | 3.48% | 3.73% | 3.57% | 3.58% | 3.63% | 3.63% | 3.52% | 3.66% | 3.80% | 3.82% | 3.72% | |
| Services2 companies | 2.51% | 2.83% | 3.15% | 3.42% | 3.76% | 3.60% | 3.50% | 3.59% | 3.59% | 3.66% | 2.28% | 2.36% | |
| Forest Materials1 company | 1.29% | 1.03% | 0.95% | 0.90% | 0.84% | 0.69% | 0.11% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Realty1 company | 0.56% | 0.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Capital Goods1 company | 0.21% | 0.20% | 0.20% | 0.23% | 0.22% | 0.22% | 0.20% | 0.20% | 0.19% | 0.19% | 0.20% | 0.22% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 10.18% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 4
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 44
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 2.78%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| DLF | Added | 0.56% | 0.36% | +0.20 pts | +1,61,297 |
| The Great Eastern Shipping Company | Sold out | – | 0.18% | −0.18 pts | −78,309 |
| Sharda Motor Industries | Added | 0.66% | 0.56% | +0.10 pts | +15,491 |
| Sundrop Brands | Added | 0.26% | 0.22% | +0.04 pts | +6,506 |
| CIE Automotive India | Added | 0.05% | 0.02% | +0.03 pts | +29,147 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 HDFC Bank | 8.14% | 8.20% | 8.00% | 7.69% | 7.40% | 8.03%Added | 7.93% | 7.76% | 8.23% | 7.58% | 7.29% | 7.57% |
 Bajaj Holdings & Investment | 7.20% | 6.64% | 6.49% | 6.60%Added | 6.66% | 5.86% | 6.45% | 6.60% | 6.68% | 7.02% | 7.32% | 7.05% |
 Power Grid Corporation of India | 6.13%Added | 5.99%Added | 6.11%Added | 6.07% | 7.12% | 7.68% | 7.73% | 7.16% | 6.98% | 6.81% | 6.41% | 6.58% |
 Coal India | 5.51% | 5.26% | 5.54% | 6.27% | 6.18% | 7.03% | 7.04% | 6.79% | 6.44% | 5.97% | 5.88% | 6.46% |
 Maharashtra Scooters | 6.15% | 5.91% | 5.67% | 5.51%Added | 5.48%Added | 4.99% | 5.15%Added | 5.45% | 5.28% | 5.39% | 5.76% | 5.50% |
 ITC | 5.25%Added | 5.01%Added | 4.99%Added | 5.04%Added | 5.11%Added | 5.09% | 5.59%Added | 5.35%Added | 5.29% | 5.09% | 4.70% | 5.02% |
 ICICI Bank | 4.73% | 4.82% | 4.62% | 4.78% | 4.91% | 4.67% | 4.58% | 4.62% | 5.00% | 5.13% | 5.14%Cut | 4.86% |
 Kotak Mahindra Bank | 4.22% | 4.21% | 4.33% | 4.11% | 4.22% | 4.09%Added | 4.16% | 4.22% | 4.27% | 4.17% | 4.55% | 4.70% |
 HCL Technologies | 3.51% | 3.65% | 3.62% | 3.87% | 3.87%Added | 4.07% | 3.95%Added | 4.09%Added | 3.67% | 4.53% | 4.48% | 4.36% |
 Axis Bank | 3.40% | 3.49% | 3.43% | 3.80% | 3.87% | 3.53% | 3.61% | 3.71% | 3.84% | 3.45% | 3.70% | 3.63% |
 Maruti Suzuki India | 4.45% | 4.31% | 4.49% | 4.03% | 4.13% | 3.72% | 3.77% | 3.77% | 4.01% | 3.97% | 3.84% | 3.53% |
 Mahindra & Mahindra | 3.75% | 3.99% | 3.91% | 3.71% | 3.70% | 3.52%Added | 3.54%Added | 3.53% | 3.52% | 3.83% | 3.75% | 3.51% |
 Bharti Airtel | 3.72% | 3.75% | 3.73% | 3.58% | 3.44% | 3.55% | 3.52% | 3.46% | 3.47% | 3.63% | 3.38% | 3.41% |
 Infosys | 3.43% | 3.57% | 3.53%Cut | 3.68% | 3.41%Added | 3.57% | 3.57%Added | 3.56%Added | 3.04% | 3.37% | 3.44% | 3.13% |
 CCL Products (India) | 2.08%Added | 2.41% | 2.24% | 2.36% | 2.49% | 2.77% | 2.83% | 2.67% | 2.96% | 2.84% | 2.70% | 2.65% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of ELSS funds (49 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.11.65%
11.65%Lowest16.42%Average21.99%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.7.52%
7.52%Lowest10.45%Average14.13%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.11
−0.09Lowest0.29Average0.81Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.16
−0.12Lowest0.44Average1.27Highest
Against Nifty 500 TRI
BetaBeta. How much the fund's monthly return moved for each 1% move in its benchmark: 1 moves with it, below 1 moves less.0.70
0.70Lowest0.96Average1.20Highest
AlphaAlpha. The yearly return the fund made beyond what its beta to the benchmark accounts for.−1.72 pts
−7.36 ptsLowest−0.25 ptsAverage of 30 funds+9.12 ptsHighest
R-squaredR-squared. The share of the fund's monthly movement that its benchmark's movement explains, from 0 to 100.90.6
68.1Lowest89.9Average98.1Highest
CorrelationCorrelation. How closely the fund's monthly returns moved in step with its benchmark's, from minus 1 (always opposite) to 1 (always together).0.95
0.83Lowest0.95Average0.99Highest
Upside captureUpside capture. The fund's return in the months its benchmark rose, as a percentage of the benchmark's return in those months.70.0%
70.0%Lowest99.1%Average145.7%Highest
Downside captureDownside capture. The fund's return in the months its benchmark fell, as a percentage of the benchmark's fall in those months.70.0%
70.0%Lowest94.1%Average122.1%Highest
Information ratioInformation ratio. The fund's return above its benchmark, divided by how much that difference varied, as stated by the fund house.To 30 Sep 2026−0.49
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1, 3 and 5 years | −15.65% | 23 Oct 2025 | 8 Oct 2026 | Not yet |
| Since Jul 2019 | −29.68% | 13 Feb 2020 | 23 Mar 2020 | 24 Jul 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Aug 202659 months | Very High | Very HighNifty 500 TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Parag Parikh ELSS Tax Saver Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Rajeev Thakkarfor Equity | Jul 2019 | +15.73%a year | +14.18% | +1.55 pts | – | – | 6 | ₹1,60,074 Cr |
| Raunak Onkarfor Equity | Jul 2019 | +15.73%a year | +14.18% | +1.55 pts | – | – | 6 | ₹1,60,074 Cr |
| Rukun Tarachandanifor Equity | May 2022 | +11.90%a year | +12.99% | −1.09 pts | 8.2% | 18.5% | 6 | ₹1,60,074 Cr |
| Raj Mehtafor Equity | Sep 2025 | −7.62%a year | −0.90% | −6.72 pts | 7.8% | 11.4% | 6 | ₹1,60,074 Cr |
| Tejas Somanfor Debt. | Sep 2025 | −7.62%a year | −0.90% | −6.72 pts | 7.8% | 11.4% | 7 | ₹1,65,302 Cr |
| Aishwarya Dharfor Debt. | Sep 2025 | −7.62%a year | −0.90% | −6.72 pts | 7.8% | 11.4% | 5 | ₹1,59,316 Cr |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Parag Parikh Flexi Cap FundRajeev Thakkar | May 2013 | +17.09%a year | +13.43% | +3.66 pts | ₹1,45,071 Cr |
| Parag Parikh Conservative Hybrid FundRajeev Thakkar | May 2021 | +8.71%a year | – | – | ₹3,454 Cr |
| Parag Parikh Arbitrage FundRajeev Thakkar | Nov 2023 | +6.58%a year | – | – | ₹2,750 Cr |
| Parag Parikh Dynamic Asset Allocation FundRajeev Thakkar | Feb 2024 | +5.97%a year | – | – | ₹2,533 Cr |
| Parag Parikh Large Cap FundRajeev Thakkar | Feb 2026 | −7.61%over 252 days | −7.44% | −0.16 pts | ₹866 Cr |
| Parag Parikh Flexi Cap FundRaunak Onkar | May 2013 | +17.09%a year | +13.43% | +3.66 pts | ₹1,45,071 Cr |
| Parag Parikh Conservative Hybrid FundRaunak Onkar | May 2021 | +8.71%a year | – | – | ₹3,454 Cr |
| Parag Parikh Arbitrage FundRaunak Onkar | Nov 2023 | +6.58%a year | – | – | ₹2,750 Cr |
| Parag Parikh Dynamic Asset Allocation FundRaunak Onkar | Feb 2024 | +5.97%a year | – | – | ₹2,533 Cr |
| Parag Parikh Large Cap FundRaunak Onkar | Feb 2026 | −7.61%over 252 days | −7.44% | −0.16 pts | ₹866 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Taurus ELSS Tax Saver FundTaurus Mutual Fund | 46.92% | 13 |
| Navi ELSS Tax Saver Nifty 50 Index FundNavi Mutual Fund | 38.21% | 15 |
| UTI - Master Equity Plan Unit SchemeUTI Mutual Fund | 35.49% | 15 |
| Bandhan ELSS - Tax Saver FundBandhan Mutual Fund | 35.33% | 11 |
| HDFC ELSS - Tax Saver FundHDFC Mutual Fund | 34.49% | 11 |
| Quantum ELSS Tax Saver FundQuantum Mutual Fund | 34.10% | 12 |
| DSP ELSS Tax Saver FundDSP Mutual Fund | 33.69% | 13 |
| UTI ELSS Tax Saver FundUTI Mutual Fund | 33.67% | 12 |
| Shriram ELSS Tax Saver FundShriram Mutual Fund | 31.59% | 15 |
| Sundaram ELSS Tax Saver FundSundaram Mutual Fund | 30.30% | 10 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Parag Parikh Flexi Cap FundPPFAS Mutual Fund | 71.05% |
| Parag Parikh Large Cap FundPPFAS Mutual Fund | 35.52% |
As the fund house states it, for Sep 2026.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
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.
Asset allocation
- Equity and Equity related instruments : 80-100%
- Money Market Instruments / InvITs / Gold ETFs / Silver ETFs / Other Liquid Instruments / Units of Domestic Mutual Funds : 0-20%
- Equity related instruments include convertible debentures, convertible preference shares, warrants carrying the right to obtain equity shares, equity derivatives, units of Real Estate Investment Trust and such other instrument as may be specified by SEBI. “For detailed asset allocation, please refer to the Scheme Information Document (SID) available on the website.”
Type of scheme
An open ended scheme with attributes in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY500(TRI)
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very High
- New fund offer
- 4 Jul 2019 to 18 Jul 2019
- Units first allotted
- 24 Jul 2019
- Open for sale again
- 26 Jul 2019
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹500
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 147481 | INF879O01100 | PARA_PARI_ELSS_1WSFMG9 | 26 Jul 2019 |
| Regular Growth | 147482 | INF879O01092 | PARA_PARI_ELSS_VUJEPY | 26 Jul 2019 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Download Factsheet (opens in a new tab)PPFAS Mutual Fund, Sep 2026
Statement of additional information
- SAI PPFAS Mutual Fund (opens in a new tab)PPFAS Mutual Fund, Oct 2026
Annual report
- Annual Report (opens in a new tab)PPFAS Mutual Fund, Mar 2026
- Abridged Annual Report (opens in a new tab)PPFAS Mutual Fund, Mar 2026
Riskometer disclosure
- Product label of the schemes September 2026 (opens in a new tab)PPFAS Mutual Fund, Sep 2026
Portfolio overlap disclosure
- Portfolio Overlap 30 Sept 2026 (opens in a new tab)PPFAS Mutual Fund, Sep 2026