EQUITY•ELSS
Parag Parikh ELSS Tax Saver Fund
3 Year return
11.23%
NAV on August 22, 2026
31.8689
1D Returns
-0.03%
Launched on July 2019(7 years)
Investment Details
₹1000
Minimum SIP Amount
₹500
Minimum one time investment
Lock-in period: 3.0000 years
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
19.36%₹697
Total Value ₹4,297
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹5,699.56 Cr.
Expense Ratio
0.67% (inclusive of GST)
Exit Load
Nil
Ratings
3.5
Ratings by other agencies
Value Research
5
Crisil
5
Morning Star
0
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
PPFAS Mutual Fund Manager
AD
Aishwarya Dhar
Fund Manager since Sep 2025
RT
Rajeev Thakkar
Fund Manager since May 2013
RM
Raj Mehta
Fund Manager since Jan 2016
RO
Raunak Onkar
Fund Manager since May 2013
RT
Rukun Tarachandani
Fund Manager since May 2022
TS
Tejas Soman
Fund Manager since Sep 2025
Fund House Details
PPFAS Mutual Fund
Asset management company
AUM
₹1,60,807.1 Cr.
No. of Schemes
17
Setup Date
1983
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal ELSS Tax Saver Fund | 23.7434% | 2.5 |
| Quant ELSS Tax Saver Fund | 16.9944% | 3.5 |
| SBI ELSS Tax Saver Fund | 16.3979% | 5 |
Schemes by PPFAS Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Conservative Hybrid Fund
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly Payout IDCW10.2436%
Hybrid . Conservative Hybrid Fund
Parag Parikh Conservative Hybrid Fund Direct Plan Monthly Reinvestment IDCW10.2436%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Parag Parikh Dynamic Asset Allocation Fund Direct Plan Growth0%
Parag Parikh Tax Saver Fund Direct Growth is a mutual fund scheme offered by Parag Parikh Financial Advisory Services (PPFAS). With at least 80% of its assets invested in the Indian equity market, it is categorised as an equity-linked savings scheme (ELSS) that gives you tax benefits under Section 80C of the Income Tax Act, 1961. The tax-saver fund is also open-ended, meaning you can invest in it at any time. However, it has a lock-in period of 3 years.
Investment Objective of the Scheme
Parag Parikh Tax Saver Fund Direct Growth aims to offer investors the benefit of capital appreciation over the long term by investing predominantly in equity and related assets. It follows the principles of value investing and intends to generate returns by identifying and investing in undervalued stocks.
Key Features of The Fund
5-year return
12.9812%
Expense Ratio
0.67%
Fund Manager
Aishwarya Dhar
Fund Size
₹5699.56 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
Since this is a tax saver fund, it may be a suitable option for you if you want to benefit from tax savings while simultaneously earning market-linked returns. The amount you invest in this mutual fund is deductible from your total income up to Rs. 1.5 lakh (in the year of investment). However, please keep in mind that the fund has a lock-in period of 3 years, so it will only be ideal for you if you do not wish to redeem your investments within this period.
AMC Contact Details
| Name | PPFAS Mutual Fund |
| Launch Date | January 1983 |
| Address | 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai - 400 021 |
| Contact | 1800266779091 22 6140 6555 |
| mf@ppfas.com | |
| Website | https://amc.ppfas.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Parag Parikh ELSS Tax Saver Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Parag Parikh ELSS Tax Saver Fund on August 22, 2026, is ₹31.8689
What is the AUM of Parag Parikh ELSS Tax Saver Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Parag Parikh ELSS Tax Saver Fund, is ₹5699.56 crore.
What is the expense ratio of Parag Parikh ELSS Tax Saver Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Parag Parikh ELSS Tax Saver Fund is 0.67%
What are the returns of Parag Parikh ELSS Tax Saver Fund since inception?
The Parag Parikh ELSS Tax Saver Fund was launched on July 04, 2019. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Parag Parikh ELSS Tax Saver Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Parag Parikh ELSS Tax Saver Fund is ₹1000.
How do I invest in Parag Parikh ELSS Tax Saver Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Parag Parikh ELSS Tax Saver Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Parag Parikh ELSS Tax Saver Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Parag Parikh ELSS Tax Saver Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,297 in 3Y at 11.2341% returns
SIP Date1st of every month
Your next SIP Payment will be on 22 September 2026
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