Parag Parikh Tax Saver Fund- Regular Growth

Fund House: PPFAS Mutual Fund
Category: Equity: ELSS
Launch Date: 05-07-2019
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 2.2% As on (28-02-2023)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 1,147.11 Cr As on (28-02-2023)
Turn over: 3.44% | Exit Load: Nil

19.6144

20.2%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
3 Years 2 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The Scheme seeks 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)

Current Asset Allocation (%)

Indicators

Standard Deviation 18.37
Sharpe Ratio 1.06
Alpha 8.09
Beta 0.73
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Parag Parikh Tax Saver Fund- Regular Growth 05-07-2019 7.2 15.26 31.3 - -
HDFC Taxsaver - Growth Plan 05-03-1996 9.82 16.41 30.18 9.44 13.43
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 8.03 13.12 29.31 10.93 14.01
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 05-01-2015 7.15 9.91 23.35 8.61 -
Taurus Taxshield - Regular Plan - Growth 31-03-1996 6.64 10.97 23.46 9.67 12.87
Franklin India Taxshield-Growth 05-04-1999 4.04 10.95 28.16 10.36 14.27
Kotak Tax Saver-Scheme-Growth 01-11-2005 3.62 12.23 27.19 12.97 14.99
ITI Long Term Equity Fund - Regular Plan - Growth Option 18-10-2019 3.55 3.45 20.96 - -
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 3.16 19.61 47.84 20.42 21.42
Quantum Tax Saving Fund - Regular Plan Growth Option 01-04-2017 3.04 7.69 25.94 8.34 -

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

10.32%

Others

19.44%

Large Cap

65.06%

Mid Cap

5.18%

Scheme Documents

January 2023

January 2023

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

Feedback
Notification