| Category: Equity: ELSS |
| Launch Date: 18-07-2019 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| Expense Ratio: 2.39% As on (31-01-2020) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 28.91 Cr As on (31-01-2020) |
| Turn over: 0.0 |
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Parag Parikh Tax Saver Fund- Regular Growth | - | - | - | - | 10.34 |
| NIFTY 500 TRI | 13.9 | 10.35 | 7.96 | 10.53 | 16.24 |
| Equity: ELSS | 16.02 | 9.26 | 7.7 | 11.97 | 13.16 |
Mr. Raj Mehta and Mr. Rajeev Thakkar
Mr. Mehta is a B.Com and M.Com from Mumbai University, CA and CFA Level III Pass. Prior to joining PPFAS AMC as a Research Analyst he was associated with the AMC as an intern since 2012. He has collectively over 3 years of experience in investment research. Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP. He has been associated with PPFAS AMC since 2013.
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 | 18-07-2019 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 31.53 | 5.28 | 13.66 | 9.1 | 10.8 |
| Axis Long Term Equity Fund - Regular Plan - Growth | 29-12-2009 | 27.28 | 13.63 | 16.19 | 10.87 | 17.87 |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 05-01-2015 | 24.27 | 5.1 | 11.23 | 13.12 | 0.0 |
| BNP Paribas Long Term Equity Fund - Growth Option | 05-01-2006 | 23.37 | 8.22 | 11.52 | 7.62 | 13.49 |
| Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth | 31-03-1993 | 23.29 | 12.49 | 14.36 | 8.91 | 13.19 |
| LIC MF Tax Plan-Regular Plan-Growth | 31-03-1997 | 23.25 | 9.23 | 12.88 | 8.05 | 11.39 |
| JM Tax Gain Fund - Growth option | 31-03-2008 | 23.2 | 9.47 | 13.06 | 9.87 | 11.18 |
| Kotak Tax Saver-Scheme-Growth | 23-11-2005 | 21.78 | 9.81 | 10.95 | 8.98 | 12.0 |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 21.26 | 7.43 | 10.04 | 10.1 | 13.83 |