Parag Parikh ELSS Tax Saver Fund
NAV
₹31.87
as of 21 Aug 2026
Parag Parikh ELSS Tax Saver Fund is an open-ended ELSS scheme from PPFAS Mutual Fund managing ₹5,700 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹31.87 as of 21 Aug 2026. The expense ratio is 0.54% a year. Managed by Rajeev Thakkar. This page is factual data only — it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.54% / yr
- as of 30 Jun 2026
- Fund size
- ₹5,700 crore
- as of 31 Jul 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 26 Jul 2019
- ISIN
- INF879O01100
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from NYVO’s own NAV data.
Rebased to 100data to 20 Aug 2026Benchmark: NIFTY 500 Index
Parag Parikh ELSS Tax Saver Fund
₹184
+84% on ₹100 over 5.0 yrs
ELSS average
₹182
+82% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 1.36% | 5.71% | -4.35 |
| 6 months | -5.07% | 2.09% | -7.16 |
| 1 year | -7.05% | 2.03% | -9.08 |
| 3 years (CAGR) | 11.28% | 13.46% | -2.18 |
| 5 years (CAGR) | 12.99% | 12.99% | 0.00 |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible — read that number first.
1-year holding periods
- Worst
- -8.3%
- Median
- 13.3%
- Best
- 39.1%
49 windows over the last 60 months, stepped monthly; 90% ended positive. Worst window began 1 Jul 2025. Windows overlap — this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 11.8%
- Median
- 18.3%
- Best
- 24.0%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Jul 2023. Windows overlap — this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.47
- Sharpe ratio (5Y)
- 0.68
- Sortino ratio (3Y)
- 0.69 vs category 0.62
- Standard deviation (3Y)
- 11.38%
- Beta (3Y)
- 0.71
- Alpha (3Y)
- 0.92%
- Deepest fall (5Y)
- -13.71%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.
Deepest fall
-13.7%
Right now
-9.4% below peak
Ahead of its benchmark in 47% of months (window: 3y, monthly) — benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
96.3%
Bonds
0.3%
Cash
3.4%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
47 positions · top 10 = 55.6%
Market-cap mix
Large 69.4%Mid 5.8%Small 21.1%Other 3.7%
as of 31 Jul 2026
Holdings by sector
Financial Services(5 in top 10)33.9%
- HDFC Bank Ltd7.58%
- Bajaj Holdings and Investment Ltd7.02%
- Maharashtra Scooters Ltd5.39%
- ICICI Bank Ltd5.13%
- Kotak Mahindra Bank Ltd4.17%
Technology(1 in top 10)12.3%
- HCL Technologies Ltd4.53%
Consumer Defensive(1 in top 10)10.2%
- ITC Ltd5.09%
Consumer Cyclical(1 in top 10)8.6%
- Maruti Suzuki India Ltd3.97%
Utilities(1 in top 10)7.4%
- Power Grid Corp Of India Ltd6.81%
Energy(1 in top 10)6.1%
- Coal India Ltd5.97%
- Real Estate4.9%
- Healthcare4.6%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 22.3% vs category 35.8% a year.
The businesses it owns
- P/E (trailing)
- 18.1 vs category 24.3
- P/B
- 2.1 vs category 3.3
- Dividend yield
- 2.6% vs category 1.2%
- Net margin
- 27.6% vs category 17.4%
- Earnings growth
- 9.3%
- Avg market cap
- ₹1.65 lakh crore
Money in, money out
- Net flow, 12 months
- +₹541 cr
- Net flow, 3 months
- +₹31 cr
as of 31 Jul 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Parag Parikh ELSS Tax Saver Fund?
- ₹31.87 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Parag Parikh ELSS Tax Saver Fund?
- 0.54% a year for the Direct plan, as of 30 Jun 2026.
- How large is Parag Parikh ELSS Tax Saver Fund?
- ₹5,700 crore under management as of 31 Jul 2026, in the ELSS category.
- How risky is Parag Parikh ELSS Tax Saver Fund?
- Its SEBI Riskometer reading is "Very High Risk". Equity with a three-year lock and a Section 80C deduction attached.
- What are the 5-year returns of Parag Parikh ELSS Tax Saver Fund?
- 12.99% a year over the last 5 years (Direct plan, CAGR), against a ELSS average of 12.99%. Past returns do not predict future returns.
- What is the worst 3-year return of Parag Parikh ELSS Tax Saver Fund?
- 11.8% a year — the weakest of 25 overlapping 3-year holding periods, beginning 3 Jul 2023. The median was 18.3% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Parag Parikh ELSS Tax Saver Fund?
- Rajeev Thakkar, managing this fund for 7 years.
Where this fund sits
Its shelf, all funds
El · ELSS tax saver →
Equity with a three-year lock and a Section 80C deduction attached.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund — growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other ELSS funds
Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.