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Parag Parikh ELSS Tax Saver 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.

Fund Info

Scheme Class	Equity
Scheme Category	ELSS (Tax Savings)
Expense Ratio	0.62%
Min subscription	₹ 500

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 4,017
AMC AUM (in Crs.)	₹ 1,805
Min Addition Subscription	₹ 500

Benchmark Type

S&P BSE 200 India TR INR

Exit Load

Units locked in for 3 years, No exit load

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
Mirae Asset ELSS Tax Saver Fund - Direct Plan	500	500	17.11%
Axis ELSS Tax Saver Fund - Direct Plan	500	500	13.23%
ICICI Prudential ELSS Tax Saver Fund - Direct Plan	500	500	17.64%
HSBC ELSS Tax saver Fund - Direct Plan	500	500	19.48%
Aditya Birla Sun Life ELSS Tax Saver - Direct Plan	500	500	13.83%
Tata ELSS Tax Saver Fund - Direct Plan	500	500	17.46%
Axis ELSS Tax Saver Fund - Direct Plan	500	500	13.23%
Bandhan ELSS Tax saver Fund - Direct Plan	500	500	16.46%

Top 10 Holdings

Company	Holding Type	Asset(%)
Bajaj Holdings and Investment Ltd	Equity	8
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	8
HDFC Bank Ltd	Equity	8
Coal India Ltd	Equity	6
Power Grid Corp Of India Ltd	Equity	6
ITC Ltd	Equity	6
Maruti Suzuki India Ltd	Equity	5
ICICI Bank Ltd	Equity	5
Maharashtra Scooters Ltd	Equity	5
Infosys Ltd	Equity	4

Asset Allocation(%)

Asset	Percent
Equity	84
Cash - Repurchase Agreement	8
Cash - CD Time Deposit	6
Bond - Gov't Agency Debt	1
Cash	0

Sector Allocation(%)

Sector	Percent
Financial Services	31
Technology	14
Consumer Cyclical	12
Cash - Repurchase Agreement	8
Consumer Defensive	7

Fund Manager

Raj Mehta

5+ years of experience

Rajeev Thakkar

5+ years of experience

Raunak Onkar

5+ years of experience

Rukun Tarachandani

2+ years of experience

Mansi Kariya

0+ years of experience

PPFAS Mutual Fund

AUM₹1,805 Cr

About

Parag Parikh Asset Management was launched in October 2012 and is promoted by Parag Parikh Financial Advisory Services Pvt. Ltd, a financial advisory firm incorporated in 1992. The mission of this mutual fund is to provide prudent fund management so that investors can attain their long-term financial goals.##The tagline of the company is - There is only one right way. To Simplify Client Side investments they only have Equity Fund called the PPFAS Long term Equity Fund, erstwhile Long term value fund.##It is one of the very few AMCs that have a mandate in investment philosophy to invest in overseas equity.

swapnil@ppfas.com

Phone

022 - 61406555

Address

PPFAS Asset Management Pvt. Ltd.,Great Western Building, 1st Floor,,130/132, S.B.S. Marg, Opp. Lion Gate,,Fort,, Mumbai - 400 001

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m