Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Parag Parikh ELSS Tax Saver Fund- Regular Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 75/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)8.35%
- Expense ratio (20%)0.65%
- AUM (15%)₹5,613 Cr
Not investment advice — an analytical read of public fund data. Methodology →
PPFAS Mutual Fund · Equity · ELSS
₹31.2
AUM: ₹5,613 Cr
NAV updated 16 days ago
Plan
Regular
Option
Growth
Risk
High
Expense Ratio
0.65%
Exit Load
Nil
Fund Manager
Rajeev Thakkar
Inception
Jul 2019
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-1.47
Std Dev (1Y)
10.92%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.71%
3m
+0.86%
6m
-2.09%
1y
-10.02%
3y
+8.35%
5y
+11.14%
10y
—
since inception
+15.9%
TopFund's Take on Parag Parikh ELSS Tax Saver Fund- Regular Growth
Parag Parikh ELSS Tax Saver Fund- Regular Growth holds up reasonably well within the ELSS category, backed by a 4-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 75/100.
Cost: At 0.65%, the expense ratio is meaningfully cheaper — about 39% below the ELSS category average of 1.06% (based on 157 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.47 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 10.92% is on the lower side for a ELSS fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Parag Parikh ELSS Tax Saver Fund- Regular Growth
The current NAV (Net Asset Value) of Parag Parikh ELSS Tax Saver Fund- Regular Growth is ₹31.2. NAV is updated every business day after market close by AMFI.
1Y: -10.02% · 3Y CAGR: 8.35% · 5Y CAGR: 11.14%
The expense ratio of Parag Parikh ELSS Tax Saver Fund- Regular Growth is 0.65% per annum. This is the annual fee charged by the fund to manage your investment.
Parag Parikh ELSS Tax Saver Fund- Regular Growth is managed by Rajeev Thakkar at PPFAS Mutual Fund.
Parag Parikh ELSS Tax Saver Fund- Regular Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
Parag Parikh ELSS Tax Saver Fund- Regular Growth is a ELSS fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Parag Parikh ELSS Tax Saver Fund- Regular Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Parag Parikh ELSS Tax Saver Fund- Regular Growth is ₹5,613 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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