Previously Known As : Parag Parikh Tax Saver Fund
Parag Parikh Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 12
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹30.13(R) -1.56% ₹32.18(D) -1.56%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 21.52% 18.56% 22.87% -% -%
LumpSum (D) 22.86% 19.99% 24.38% -% -%
SIP (R) -34.4% 16.55% 21.67% -% -%
SIP (D) -33.59% 17.98% 23.2% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.08 0.56 1.05 7.12% 0.16
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
10.02% -13.07% -7.38% 0.67 7.26%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
Hsbc Tax Saver Equity Fund 4
DSP ELSS Tax Saver Fund 5
Quantum ELSS Tax Saver Fund 6
JM ELSS Tax Saver Fund 7

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
Parag Parikh ELSS Tax Saver Fund- Regular Growth 30.13
-0.4800
-1.5600%
Parag Parikh ELSS Tax Saver Fund- Direct Growth 32.18
-0.5100
-1.5600%

Review Date: 20-12-2024

Parag Parikh ELSS Tax Saver Fund has exhibited good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 12 out of 33 funds in the category. The fund has delivered return of 21.52% in 1 year, 18.56% in 3 years and 22.87% in 5 years. The category average for the same periods is 23.27%, 17.87% and 19.02% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 10.02, VaR of -13.07, Average Drawdown of -3.0, Semi Deviation of 7.26 and Max Drawdown of -7.38. The category average for the same parameters is 13.04, -15.83, -5.26, 9.14 and -11.69 respectively. The fund has very low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Parag Parikh ELSS Tax Saver Fund direct growth option would have grown to ₹12286.0 in 1 year, ₹17275.0 in 3 years and ₹29763.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Parag Parikh ELSS Tax Saver Fund direct growth option would have grown to ₹9682.0 in 1 year, ₹46942.0 in 3 years and ₹106708.0 in 5 years as of today (20-12-2024).
  3. standard deviation of 10.02 and based on VaR one can expect to lose more than -13.07% of current value of fund in one year.
  4. Sharpe ratio of the fund is 1.08 which shows very good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.8, Beta of 0.67 and Jensen's Alpha of 7.12% which exhibit very good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.18
2.71
-0.34 | 7.00 34 | 40 Poor
3M Return % -4.96
-5.99
-14.44 | 0.72 12 | 40 Good
6M Return % 6.54
2.52
-12.14 | 14.98 5 | 40 Very Good
1Y Return % 21.52
23.27
11.16 | 51.18 23 | 40 Average
3Y Return % 18.56
17.87
9.53 | 29.09 15 | 33 Good
5Y Return % 22.87
19.02
11.89 | 30.16 5 | 33 Very Good
1Y SIP Return % -34.40
-33.97
-40.29 | -15.35 18 | 37 Good
3Y SIP Return % 16.55
17.26
10.68 | 35.25 15 | 32 Good
5Y SIP Return % 21.67
20.14
12.89 | 30.76 9 | 32 Good
Standard Deviation 10.02
13.04
10.02 | 16.62 1 | 33 Very Good
Semi Deviation 7.26
9.14
7.26 | 11.80 1 | 33 Very Good
Max Drawdown % -7.38
-11.69
-21.18 | -6.28 3 | 33 Very Good
VaR 1 Y % -13.07
-15.83
-22.63 | -11.90 2 | 33 Very Good
Average Drawdown % -3.00
-5.26
-7.50 | -3.00 1 | 33 Very Good
Sharpe Ratio 1.08
0.74
0.08 | 1.30 4 | 33 Very Good
Sterling Ratio 1.05
0.81
0.26 | 1.37 4 | 33 Very Good
Sortino Ratio 0.56
0.39
0.07 | 0.73 4 | 33 Very Good
Jensen Alpha % 7.12
3.67
-8.11 | 17.38 8 | 33 Very Good
Treynor Ratio 0.16
0.46
0.01 | 5.74 7 | 33 Very Good
Modigliani Square Measure % 24.46
19.74
7.07 | 47.49 6 | 33 Very Good
Alpha % 1.80
-1.14
-28.62 | 9.74 14 | 33 Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.27 2.81 -0.25 | 7.10 35 | 41
3M Return % -4.70 -5.77 -14.21 | 0.94 12 | 41
6M Return % 7.12 3.03 -11.68 | 15.66 5 | 41
1Y Return % 22.86 24.61 12.47 | 53.00 23 | 41
3Y Return % 19.99 19.20 10.39 | 30.66 15 | 33
5Y Return % 24.38 20.39 12.83 | 32.24 5 | 33
1Y SIP Return % -33.59 -33.38 -39.54 | -14.23 18 | 39
3Y SIP Return % 17.98 18.65 11.78 | 36.94 17 | 32
5Y SIP Return % 23.20 21.54 13.82 | 32.36 10 | 32
Standard Deviation 10.02 13.04 10.02 | 16.62 1 | 33
Semi Deviation 7.26 9.14 7.26 | 11.80 1 | 33
Max Drawdown % -7.38 -11.69 -21.18 | -6.28 3 | 33
VaR 1 Y % -13.07 -15.83 -22.63 | -11.90 2 | 33
Average Drawdown % -3.00 -5.26 -7.50 | -3.00 1 | 33
Sharpe Ratio 1.08 0.74 0.08 | 1.30 4 | 33
Sterling Ratio 1.05 0.81 0.26 | 1.37 4 | 33
Sortino Ratio 0.56 0.39 0.07 | 0.73 4 | 33
Jensen Alpha % 7.12 3.67 -8.11 | 17.38 8 | 33
Treynor Ratio 0.16 0.46 0.01 | 5.74 7 | 33
Modigliani Square Measure % 24.46 19.74 7.07 | 47.49 6 | 33
Alpha % 1.80 -1.14 -28.62 | 9.74 14 | 33
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -1.56 ₹ 9,844.00 -1.56 ₹ 9,844.00
1W -3.09 ₹ 9,691.00 -3.07 ₹ 9,693.00
1M 1.18 ₹ 10,118.00 1.27 ₹ 10,127.00
3M -4.96 ₹ 9,504.00 -4.70 ₹ 9,530.00
6M 6.54 ₹ 10,654.00 7.12 ₹ 10,712.00
1Y 21.52 ₹ 12,152.00 22.86 ₹ 12,286.00
3Y 18.56 ₹ 16,664.00 19.99 ₹ 17,275.00
5Y 22.87 ₹ 28,005.00 24.38 ₹ 29,763.00
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -34.40 ₹ 9,622.20 -33.59 ₹ 9,682.15
3Y ₹ 36000 16.55 ₹ 45,998.82 17.98 ₹ 46,941.80
5Y ₹ 60000 21.67 ₹ 102,821.28 23.20 ₹ 106,708.32
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Parag Parikh Elss Tax Saver Fund NAV Regular Growth Parag Parikh Elss Tax Saver Fund NAV Direct Growth
20-12-2024 30.1337 32.1811
19-12-2024 30.6122 32.6912
18-12-2024 30.7311 32.8172
17-12-2024 30.9057 33.0026
16-12-2024 31.0708 33.1779
13-12-2024 31.0945 33.2001
12-12-2024 30.9671 33.0632
11-12-2024 31.0024 33.0999
10-12-2024 30.9538 33.047
09-12-2024 30.9017 32.9903
06-12-2024 30.8206 32.9008
05-12-2024 30.8159 32.8948
04-12-2024 30.6041 32.6677
03-12-2024 30.6155 32.6788
02-12-2024 30.4372 32.4876
29-11-2024 30.331 32.3713
28-11-2024 30.2027 32.2334
27-11-2024 30.45 32.4964
26-11-2024 30.4402 32.4849
25-11-2024 30.4988 32.5465
22-11-2024 30.2531 32.2814
21-11-2024 29.7829 31.7787

Fund Launch Date: 04/Jul/2019
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: To seek to generate long term capital growthfrom an actively managed portfolio primarilyof equity and equity related Securities
Fund Description: An open-ended Equity linked savingscheme with a statutory lock in of 3years and tax benefit
Fund Benchmark: Nifty 500 (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.