Parag Parikh ELSS Tax Saver Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Scheme Objective

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments.

Scheme Details

Fund manager(s) – Rajeev Thakkar , Raunak Onkar , Rukun Tarachandani , Raj Mehta , Tejas Soman
Launch date – 24-Jul-2019
Expense ratio – 0.62% as declared on 31-Aug-2025 (category average is 0.94%)
Benchmark - Nifty 500 TRI

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

5638.79

0.00

0.00%

Sep - 2025	5638.79	0.00%
Aug - 2025	5524.49	0.00%
Jul - 2025	5538.01	0.00%
Jun - 2025	5557.37	0.00%
May - 2025	5294.26	0.00%
Apr - 2025	5084.67	0.00%
Mar - 2025	4905.72	0.00%
Feb - 2025	4477.32	0.00%
Jan - 2025	4572.13	0.00%

2024

4506.61

0.00

0.00%

Dec - 2024	4506.61	0.00	0.00%
Nov - 2024	4385.16	0.00	0.00%
Oct - 2024	4273.94	0.00	0.00%
Sep - 2024	4362.18	0.00	0.00%
Aug - 2024	4152.25	0.00	0.00%
Jul - 2024	4016.58	0.00	0.00%
Jun - 2024	3731.20	0.00	0.00%
May - 2024	3454.03	223106.14	1.55%
Apr - 2024	3360.61	221637.55	1.52%
Mar - 2024	3174.82	212968.51	1.49%
Feb - 2024	2997.16	208593.74	1.44%
Jan - 2024	2760.76	203644.64	1.36%

2023

2563.24

199534.21

1.28%

Dec - 2023	2563.24	199534.21	1.28%
Nov - 2023	2334.28	187272.41	1.25%
Oct - 2023	2137.73	174383.90	1.23%
Sep - 2023	2064.97	178976.97	1.15%
Aug - 2023	1932.37	175399.72	1.10%
Jul - 2023	1849.01	175666.64	1.05%
Jun - 2023	1741.72	169734.76	1.03%
May - 2023	1641.55	162430.51	1.01%
Apr - 2023	1526.97	156596.22	0.98%
Mar - 2023	1356.09	149645.93	0.91%
Feb - 2023	1147.11	148242.90	0.77%
Jan - 2023	1045.89	149392.61	0.70%

2022

941.56

152764.67

0.62%

Dec - 2022	941.56	152764.67	0.62%
Nov - 2022	900.86	156759.27	0.57%
Oct - 2022	848.19	153322.29	0.55%
Sep - 2022	769.06	147591.21	0.52%
Aug - 2022	733.49	151685.51	0.48%
Jul - 2022	680.09	146051.81	0.47%
Jun - 2022	617.75	132537.89	0.47%
May - 2022	618.01	139007.48	0.44%
Apr - 2022	584.91	144213.40	0.41%
Mar - 2022	547.62	145624.48	0.38%
Feb - 2022	432.03	138806.70	0.31%
Jan - 2022	406.59	144635.86	0.28%

2021

375.27

145783.16

0.26%

Dec - 2021	375.27	145783.16	0.26%
Nov - 2021	337.02	142356.14	0.24%
Oct - 2021	323.83	146098.30	0.22%
Sep - 2021	312.74	145356.40	0.22%
Aug - 2021	283.73	141840.66	0.20%
Jul - 2021	262.19	134683.48	0.19%
Jun - 2021	239.35	131689.99	0.18%
May - 2021	225.18	128774.29	0.17%
Apr - 2021	200.28	121579.80	0.16%
Mar - 2021	179.45	121114.97	0.15%
Feb - 2021	133.53	118836.61	0.11%
Jan - 2021	116.03	110639.78	0.10%

2020

101.10

113760.32

0.09%

Dec - 2020	101.10	113760.32	0.09%
Nov - 2020	85.30	106924.67	0.08%
Oct - 2020	75.24	96223.64	0.08%
Sep - 2020	70.16	94117.27	0.07%
Aug - 2020	61.03	94958.88	0.06%
Jul - 2020	54.62	90817.36	0.06%
Jun - 2020	45.25	86390.81	0.05%
May - 2020	39.41	80076.00	0.05%
Apr - 2020	36.12	81740.65	0.04%
Mar - 2020	30.45	71591.70	0.04%
Feb - 2020	31.31	92355.61	0.03%
Jan - 2020	28.92	96718.12	0.03%

Tax Rate

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakhs in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Contact Details

PPFAS Asset Management Pvt. Ltd.

81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230, Nariman Point, Mumbai 400021
Tel no.: 022-61406555
Fax no.: 022-61406590
Website.: www.amc.ppfas.com

Forum

NITINPIMPALE
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5 days ago

purchase unit will adjust difference in NAV 10.263 View more

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  purchase unit will adjust difference in NAV 10.263
  
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krishna_ksvs
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17 days ago

View more

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The Fixed Income
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4 days ago

Lock in Stable Returns from a State-Backed PSU! TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2028 Bond ✔️ Coupon: 9.35% p.a. ✔️ Tenor: 3y 2m (Maturity: 29/Dec/2028) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest confidently in a state-backed PSU and watch your money grow steadily. Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJPdFpRPT0=/935-telangana-state-industrial-infrastructure-corporation-limited-2028?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Lock in Stable Returns from a State-Backed PSU! TELANGANA STATE INDUSTRIAL INFRASTRUCTURE CORPORATION LIMITED – 2028 Bond ✔️ Coupon: 9.35% p.a. ✔️ Tenor: 3y 2m (Maturity: 29/Dec/2028) ✔️ Senior Secured | PSU Bond | High Return Bond | Listed Invest confidently in a state-backed PSU and watch your money grow steadily. Explore on The Fixed Income: https://www.thefixedincome.com/product/dVJPdFpRPT0=/935-telangana-state-industrial-infrastructure-corporation-limited-2028?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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shravanashok
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67 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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  need your suggestion for sbi psu fund direct growth stay or switch
  
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ravisistla
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80 days ago

Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know. View more

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  Dividend last declared by SBI Long Term Equity Fund - regular Plan -IDCW was in the year 2022. Is there any specific reason given by fund managers for non declaration of dividend. Please let me know.
  
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sunny85deol
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118 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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  Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV.
  
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