Previously Known As : Parag Parikh Tax Saver Fund
Parag Parikh Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 7
BMSMONEY Rating
Gro. Opt. As On: 20-01-2025
NAV ₹29.69(R) +0.72% ₹31.73(D) +0.73%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 15.71% 15.78% 22.06% -% -%
LumpSum (D) 16.99% 17.18% 23.55% -% -%
SIP (R) -22.99% 16.28% 20.8% -% -%
SIP (D) -22.04% 17.69% 22.31% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.94 0.49 0.94 6.93% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
10.05% -13.07% -8.08% 0.66 7.17%
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
Taurus ELSS tax saver fund 5
Quantum ELSS Tax Saver Fund 6
Parag Parikh ELSS Tax Saver Fund 7

NAV Date: 20-01-2025

Scheme Name NAV Rupee Change Percent Change
Parag Parikh ELSS Tax Saver Fund- Regular Growth 29.69
0.2100
0.7200%
Parag Parikh ELSS Tax Saver Fund- Direct Growth 31.73
0.2300
0.7300%

Review Date: 20-01-2025

Parag Parikh ELSS Tax Saver Fund has shown good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 7 out of 33 funds in the category. The fund has delivered return of 15.71% in 1 year, 15.78% in 3 years and 22.06% in 5 years. The category average for the same periods is 14.4%, 13.76% and 17.85% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 10.05, VaR of -13.07, Average Drawdown of -3.12, Semi Deviation of 7.17 and Max Drawdown of -8.08. The category average for the same parameters is 13.18, -15.91, -5.63, 9.14 and -12.47 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 ₹11699.0 in 1 year, ₹16088.0 in 3 years and ₹28788.0 in 5 years as of today (20-01-2025).
  2. An SIP of ₹1,000 per month in Parag Parikh ELSS Tax Saver Fund direct growth option would have grown to ₹10511.0 in 1 year, ₹46761.0 in 3 years and ₹104464.0 in 5 years as of today (20-01-2025).
  3. standard deviation of 10.05 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 0.94 which shows very good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.83, Beta of 0.66 and Jensen's Alpha of 6.93% 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 % -1.48
-3.28
-7.52 | -0.48 3 | 40 Very Good
3M Return % -4.40
-5.99
-11.01 | -1.30 6 | 40 Very Good
6M Return % -0.32
-3.45
-13.38 | 7.06 7 | 40 Very Good
1Y Return % 15.71
14.40
0.45 | 32.30 15 | 40 Good
3Y Return % 15.78
13.76
6.95 | 22.57 9 | 34 Very Good
5Y Return % 22.06
17.85
11.12 | 29.61 4 | 33 Very Good
1Y SIP Return % -22.99
-26.11
-37.28 | -13.69 10 | 40 Very Good
3Y SIP Return % 16.28
15.59
9.90 | 30.11 12 | 34 Good
5Y SIP Return % 20.80
18.86
11.87 | 27.51 10 | 33 Good
Standard Deviation 10.05
13.18
10.05 | 16.99 1 | 33 Very Good
Semi Deviation 7.17
9.14
7.17 | 11.99 1 | 33 Very Good
Max Drawdown % -8.08
-12.47
-22.25 | -6.80 3 | 33 Very Good
VaR 1 Y % -13.07
-15.91
-23.69 | -11.90 2 | 33 Very Good
Average Drawdown % -3.12
-5.63
-8.24 | -3.12 1 | 33 Very Good
Sharpe Ratio 0.94
0.62
0.04 | 1.31 4 | 33 Very Good
Sterling Ratio 0.94
0.71
0.23 | 1.24 6 | 33 Very Good
Sortino Ratio 0.49
0.34
0.05 | 0.73 4 | 33 Very Good
Jensen Alpha % 6.93
2.70
-7.10 | 12.72 6 | 33 Very Good
Treynor Ratio 0.14
0.09
0.01 | 0.20 4 | 33 Very Good
Modigliani Square Measure % 22.87
16.14
6.52 | 25.68 4 | 33 Very Good
Alpha % 2.93
1.81
-8.52 | 11.50 14 | 33 Good
Return data last Updated On : Jan. 20, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.39 -3.17 -7.43 | -0.38 3 | 41
3M Return % -4.13 -5.73 -10.76 | -0.91 6 | 41
6M Return % 0.22 -2.94 -12.91 | 7.70 8 | 41
1Y Return % 16.99 15.62 1.82 | 33.89 15 | 41
3Y Return % 17.18 15.02 7.79 | 24.06 9 | 34
5Y Return % 23.55 19.20 12.04 | 31.67 4 | 33
1Y SIP Return % -22.04 -25.21 -36.52 | -12.51 10 | 41
3Y SIP Return % 17.69 16.93 11.22 | 31.74 12 | 34
5Y SIP Return % 22.31 20.27 12.79 | 29.09 10 | 33
Standard Deviation 10.05 13.18 10.05 | 16.99 1 | 33
Semi Deviation 7.17 9.14 7.17 | 11.99 1 | 33
Max Drawdown % -8.08 -12.47 -22.25 | -6.80 3 | 33
VaR 1 Y % -13.07 -15.91 -23.69 | -11.90 2 | 33
Average Drawdown % -3.12 -5.63 -8.24 | -3.12 1 | 33
Sharpe Ratio 0.94 0.62 0.04 | 1.31 4 | 33
Sterling Ratio 0.94 0.71 0.23 | 1.24 6 | 33
Sortino Ratio 0.49 0.34 0.05 | 0.73 4 | 33
Jensen Alpha % 6.93 2.70 -7.10 | 12.72 6 | 33
Treynor Ratio 0.14 0.09 0.01 | 0.20 4 | 33
Modigliani Square Measure % 22.87 16.14 6.52 | 25.68 4 | 33
Alpha % 2.93 1.81 -8.52 | 11.50 14 | 33
Return data last Updated On : Jan. 20, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.72 ₹ 10,072.00 0.73 ₹ 10,073.00
1W 1.21 ₹ 10,121.00 1.23 ₹ 10,123.00
1M -1.48 ₹ 9,852.00 -1.39 ₹ 9,861.00
3M -4.40 ₹ 9,560.00 -4.13 ₹ 9,587.00
6M -0.32 ₹ 9,968.00 0.22 ₹ 10,022.00
1Y 15.71 ₹ 11,571.00 16.99 ₹ 11,699.00
3Y 15.78 ₹ 15,522.00 17.18 ₹ 16,088.00
5Y 22.06 ₹ 27,090.00 23.55 ₹ 28,788.00
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 -22.99 ₹ 10,443.54 -22.04 ₹ 10,510.94
3Y ₹ 36000 16.28 ₹ 45,836.42 17.69 ₹ 46,760.51
5Y ₹ 60000 20.80 ₹ 100,699.32 22.31 ₹ 104,464.50
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
20-01-2025 29.687 31.7336
17-01-2025 29.4736 31.5027
16-01-2025 29.6451 31.6851
15-01-2025 29.6152 31.6522
14-01-2025 29.4703 31.4963
13-01-2025 29.3319 31.3475
10-01-2025 29.8535 31.9021
09-01-2025 30.0218 32.0809
08-01-2025 30.203 32.2736
07-01-2025 30.1274 32.1918
06-01-2025 30.0864 32.1471
03-01-2025 30.6707 32.7684
02-01-2025 30.9712 33.0884
01-01-2025 30.554 32.6417
31-12-2024 30.4538 32.5338
30-12-2024 30.5879 32.676
27-12-2024 30.3777 32.4485
26-12-2024 30.2929 32.357
24-12-2024 30.2348 32.2929
23-12-2024 30.2933 32.3545
20-12-2024 30.1337 32.1811

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.