Previously Known As : Parag Parikh Tax Saver Fund
Parag Parikh Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 3
Rating
Growth Option 21-02-2025
NAV ₹29.34(R) -0.62% ₹31.39(D) -0.62%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 10.36% 16.48% 21.57% -% -%
Direct 11.58% 17.87% 23.05% -% -%
Nifty 500 TRI 3.79% 13.47% 16.97% 13.57% 12.47%
SIP (XIRR) Regular 3.15% 17.7% 20.6% -% -%
Direct 4.31% 19.06% 22.08% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.89 0.45 0.93 7.17% 0.14
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
10.24% -15.12% -7.74% 0.66 7.37%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Parag Parikh ELSS Tax Saver Fund 3
Quantum ELSS Tax Saver Fund 4
Motilal Oswal ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Hsbc Tax Saver Equity Fund 7

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Parag Parikh ELSS Tax Saver Fund- Regular Growth 29.34
-0.1800
-0.6200%
Parag Parikh ELSS Tax Saver Fund- Direct Growth 31.39
-0.2000
-0.6200%

Review Date: 21-02-2025

Parag Parikh ELSS Tax Saver Fund has shown very good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 3 out of 34 funds in the category. The fund has delivered return of 10.36% in 1 year, 16.48% in 3 years and 21.57% in 5 years. The category average for the same periods is 4.64%, 13.72% and 16.28% respectively, which shows very good return performance of fund in the category. The fund has exhibited standard deviation of 10.24, VaR of -15.12, Average Drawdown of -3.19, Semi Deviation of 7.37 and Max Drawdown of -7.74. The category average for the same parameters is 13.79, -17.81, -6.26, 9.74 and -12.57 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 ₹11158.0 in 1 year, ₹16377.0 in 3 years and ₹28216.0 in 5 years as of today (21-02-2025).
  2. An SIP of ₹1,000 per month in Parag Parikh ELSS Tax Saver Fund direct growth option would have grown to ₹12280.0 in 1 year, ₹47688.0 in 3 years and ₹103916.0 in 5 years as of today (21-02-2025).
  3. standard deviation of 10.24 and based on VaR one can expect to lose more than -15.12% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.89 which shows very good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.82, Beta of 0.66 and Jensen's Alpha of 7.17% which exhibit very good performance in the elss (tax saving) fund category .


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KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.28 -3.35
-4.09
-12.09 | -0.28 1 | 40 Very Good
3M Return % -1.50 -5.00
-6.47
-16.77 | -1.50 1 | 40 Very Good
6M Return % -3.08 -11.16
-11.03
-23.49 | -3.08 1 | 40 Very Good
1Y Return % 10.36 3.79
4.64
-13.86 | 12.03 4 | 40 Very Good
3Y Return % 16.48 13.47
13.72
8.57 | 22.86 7 | 34 Very Good
5Y Return % 21.57 16.97
16.28
9.90 | 27.12 3 | 33 Very Good
1Y SIP Return % 3.15
-9.18
-31.05 | 3.15 1 | 40 Very Good
3Y SIP Return % 17.70
13.91
6.55 | 23.57 6 | 34 Very Good
5Y SIP Return % 20.60
16.98
10.25 | 24.48 5 | 33 Very Good
Standard Deviation 10.24
13.79
10.24 | 17.52 1 | 34 Very Good
Semi Deviation 7.37
9.74
7.37 | 13.23 1 | 34 Very Good
Max Drawdown % -7.74
-12.57
-17.92 | -7.74 1 | 34 Very Good
VaR 1 Y % -15.12
-17.81
-22.63 | -14.28 4 | 34 Very Good
Average Drawdown % -3.19
-6.26
-9.03 | -3.19 1 | 34 Very Good
Sharpe Ratio 0.89
0.47
0.09 | 1.01 3 | 34 Very Good
Sterling Ratio 0.93
0.62
0.30 | 1.10 3 | 34 Very Good
Sortino Ratio 0.45
0.25
0.07 | 0.54 3 | 34 Very Good
Jensen Alpha % 7.17
0.83
-5.55 | 8.57 3 | 34 Very Good
Treynor Ratio 0.14
0.07
0.01 | 0.15 3 | 34 Very Good
Modigliani Square Measure % 22.31
14.02
7.54 | 22.64 2 | 34 Very Good
Alpha % 2.72
-0.06
-5.43 | 8.48 7 | 34 Very Good
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.18 -3.35 -4.00 -12.02 | -0.18 1 | 41
3M Return % -1.23 -5.00 -6.19 -16.52 | -1.23 1 | 41
6M Return % -2.54 -11.16 -10.56 -22.98 | -2.54 1 | 41
1Y Return % 11.58 3.79 5.77 -12.66 | 13.23 4 | 41
3Y Return % 17.87 13.47 14.97 9.42 | 23.69 5 | 34
5Y Return % 23.05 16.97 17.61 10.81 | 29.13 2 | 33
1Y SIP Return % 4.31 -8.16 -30.05 | 4.31 1 | 41
3Y SIP Return % 19.06 15.19 8.44 | 24.43 5 | 34
5Y SIP Return % 22.08 18.35 11.88 | 25.32 5 | 33
Standard Deviation 10.24 13.79 10.24 | 17.52 1 | 34
Semi Deviation 7.37 9.74 7.37 | 13.23 1 | 34
Max Drawdown % -7.74 -12.57 -17.92 | -7.74 1 | 34
VaR 1 Y % -15.12 -17.81 -22.63 | -14.28 4 | 34
Average Drawdown % -3.19 -6.26 -9.03 | -3.19 1 | 34
Sharpe Ratio 0.89 0.47 0.09 | 1.01 3 | 34
Sterling Ratio 0.93 0.62 0.30 | 1.10 3 | 34
Sortino Ratio 0.45 0.25 0.07 | 0.54 3 | 34
Jensen Alpha % 7.17 0.83 -5.55 | 8.57 3 | 34
Treynor Ratio 0.14 0.07 0.01 | 0.15 3 | 34
Modigliani Square Measure % 22.31 14.02 7.54 | 22.64 2 | 34
Alpha % 2.72 -0.06 -5.43 | 8.48 7 | 34
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.62 ₹ 9,938.00 -0.62 ₹ 9,938.00
1W -0.16 ₹ 9,984.00 -0.14 ₹ 9,986.00
1M -0.28 ₹ 9,972.00 -0.18 ₹ 9,982.00
3M -1.50 ₹ 9,850.00 -1.23 ₹ 9,877.00
6M -3.08 ₹ 9,692.00 -2.54 ₹ 9,746.00
1Y 10.36 ₹ 11,036.00 11.58 ₹ 11,158.00
3Y 16.48 ₹ 15,803.00 17.87 ₹ 16,377.00
5Y 21.57 ₹ 26,555.00 23.05 ₹ 28,216.00
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 3.15 ₹ 12,204.55 4.31 ₹ 12,279.59
3Y ₹ 36000 17.70 ₹ 46,777.61 19.06 ₹ 47,687.51
5Y ₹ 60000 20.60 ₹ 100,234.68 22.08 ₹ 103,915.68
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
21-02-2025 29.336 31.3886
20-02-2025 29.5201 31.5847
19-02-2025 29.3754 31.4289
18-02-2025 29.4483 31.506
17-02-2025 29.4053 31.459
14-02-2025 29.3825 31.4318
13-02-2025 29.5175 31.5753
12-02-2025 29.4565 31.509
11-02-2025 29.4418 31.4924
10-02-2025 29.7699 31.8424
07-02-2025 29.9584 32.0411
06-02-2025 30.0897 32.1806
05-02-2025 30.1447 32.2384
04-02-2025 30.1659 32.2601
03-02-2025 30.0127 32.0953
31-01-2025 29.9583 32.0343
30-01-2025 29.6193 31.6708
29-01-2025 29.5524 31.5983
28-01-2025 29.2294 31.252
27-01-2025 29.2245 31.2458
24-01-2025 29.5776 31.6204
23-01-2025 29.6872 31.7367
22-01-2025 29.66 31.7067
21-01-2025 29.4175 31.4465

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.