Parag Parikh Tax Saver Fund- Regular Growth
Fund House: PPFAS Mutual Fund| Category: Equity: ELSS |
| Launch Date: 08-07-2019 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 2.28% As on (31-10-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 323.83 Cr As on (31-10-2021) |
| Turn over: 4.79% | Exit Load: Nil |
18.1414
-0.34 (-1.894%)
28.92%
NIFTY 500 TRI 17.12%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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
| Volatility | |
| Sharp Ratio | |
| Alpha | |
| Beta | |
| 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 | 08-07-2019 | 39.7 | 30.14 | - | - | - |
| Quant Tax Plan - Growth Option - Regular Plan | 01-04-2000 | 79.13 | 51.48 | 34.74 | 25.33 | 20.3 |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 55.36 | 30.62 | 20.83 | 19.05 | 18.57 |
| Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option | 05-09-2005 | 46.86 | 17.59 | 12.02 | 9.58 | 15.5 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 46.4 | 34.91 | 27.52 | 21.39 | 17.95 |
| Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth | 05-10-2016 | 46.07 | 24.29 | 18.24 | 12.65 | - |
| PGIM India Long Term Equity Fund - Regular Plan - Growth Option | 11-12-2015 | 44.82 | 24.92 | 19.96 | 17.03 | - |
| HDFC Long Term Advantage Plan - Growth Plan | 05-01-2001 | 44.64 | 23.19 | 18.92 | 16.96 | 16.88 |
| Baroda ELSS 96 Plan A -Growth Option | 02-03-2015 | 43.88 | 26.48 | 19.67 | 14.14 | - |
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 43.86 | 18.52 | 14.24 | 12.26 | 13.85 |
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
PORTFOLIO
Market Cap Distribution
Small Cap
17.24%
Others
10.64%
Large Cap
61.92%
Mid Cap
10.2%
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
