| Category: Equity: ELSS |
| Launch Date: 08-07-2019 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 2.06% As on (31-03-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 179.45 Cr As on (31-03-2021) |
| Turn over: 10.19 |
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Parag Parikh Tax Saver Fund- Regular Growth | 67.2 | - | - | - | 24.56 |
| NIFTY 500 TRI | 62.51 | 10.34 | 14.21 | 11.2 | 16.41 |
| Equity: ELSS | 56.27 | 8.24 | 12.86 | 12.15 | 13.81 |
Raj Mehta,Rajeev Thakkar,Raunak Onkar
The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance)
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Parag Parikh Tax Saver Fund- Regular Growth | - | - | ||||
| Equity: ELSS | - | - | - | - | - | - |
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Parag Parikh Tax Saver Fund- Regular Growth | 08-07-2019 | 67.2 | 0.0 | 0.0 | 0.0 | 0.0 |
| quant Tax Plan - Growth Option - Regular Plan | 01-04-2000 | 113.8 | 33.81 | 22.07 | 21.91 | 13.38 |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 81.78 | 15.9 | 8.07 | 15.02 | 13.96 |
| Mirae Asset Tax Saver Fund-Regular Plan-Growth | 05-12-2015 | 67.77 | 19.45 | 15.23 | 19.98 | 0.0 |
| Quantum Tax Saving Fund - Regular Plan Growth Option | 01-04-2017 | 63.96 | 8.13 | 7.14 | 0.0 | 0.0 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 62.1 | 25.89 | 11.15 | 17.07 | 13.23 |
| JM Tax Gain Fund (Regular) - Growth option | 31-03-2008 | 61.88 | 15.77 | 10.88 | 15.49 | 12.28 |
| Franklin India Taxshield-Growth | 05-04-1999 | 61.29 | 9.28 | 7.1 | 9.9 | 12.16 |
| HDFC Long Term Advantage Plan - Growth Plan | 05-01-2001 | 61.13 | 11.66 | 9.59 | 13.7 | 12.18 |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 61.08 | 16.3 | 11.82 | 14.88 | 14.05 |