Parag Parikh ELSS Tax Saver Fund
(An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
Which also offers income tax savings under section 80C of Income tax act
Understand that equity investments are ideal investments only for the long-term
Prefer simple investment solutions rather than complex ones
Welcome, rather than fear, stock market volatility
While the scheme will endeavour to, 'There is no assurance that the investment objective of the Scheme will be realized and the scheme does not assure or guarantee any returns.'
We view equity investing as purchasing stakes in businesses, rather than merely investing in pieces of paper.
However much we like a Company, we avoid overpaying.
We prefer purchasing cash generating, low debt businesses
We like to partner with Managements who take care of the interests of minority-shareholders.
We stay away from periodic fads and fancies in the stockmarket, whether they be businesses, sectors or themes.
Rs. 500/- and multiples of Rs. 500/- thereafter
The Net Asset Value is declared at the end of each "Business Day".
NIL
NIL (The Scheme will not charge any Exit Load)
Similar to any other Indian equity oriented scheme
Investment upto Rs. 1.50 lakhs is eligible for income-tax deduction u/s 80C of the Income Tax Act, 1961.
Every investment instalment will be locked-in for a period of 3 years.
Capital Gains treatment will be at par with other India-centric equity schemes.
| Systematic Investment Plan (SIP) | ||
|---|---|---|
| Monthly Amount | Minimum Rs. 1000/- and in multiples of Rs.500/- | Minimum Six Instalments |
| Quarterly Amount | Minimum Rs. 3000/- and in multiples of Rs.500/- | Minimum Four Instalments |
| Systematic Withdrawal Plan (SWP), Systematic Transfer Plan (STP), SIP Top-Up Facility also available. | ||
| Lumpsum Investment Performance (Compounded annual returns) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Date | Scheme |
Tier I Benchmark |
Additional Benchmark |
Value of investment of Rs. 10,000/- | ||||
| PPTSF (Regular) | PPTSF (Direct) | NIFTY 500 (TRI) | NIFTY 50 (TRI) | PPTSF (Regular) | PPTSF (Direct) | NIFTY 500 (TRI) | NIFTY 50 (TRI) | |
| January 31, 2024 to January 31, 2025 (Last 1 Year) |
15.79% | 17.06% | 10.03% | 9.55% | 11,584 | 11,711 | 11,006 | 10,958 |
| January 31, 2022 to January 31, 2025 (Last 3 Years) |
16.83% | 18.23% | 14.24% | 12.01% | 15,952 | 16,534 | 14,916 | 14,058 |
| January 31, 2020 to January 31, 2025 (Last 5 Years) |
22.42% | 23.92% | 18.16% | 15.80% | 27,529 | 29,253 | 23,054 | 20,844 |
| Since Inception (24 July, 2019) |
21.95% | 23.44% | 17.97% | 15.54% | 29,958 | 32,034 | 24,933 | 22,222 |
| SIP Investment Performance | |||||||
|---|---|---|---|---|---|---|---|
| Date | Scheme |
Tier I Benchmark |
Additional Benchmark |
(Assumption : Rs. 10,000/- is invested on the first of every month) |
|||
| PPTSF (Regular) (Annualised) (%) |
PPTSF (Direct) (Annualised) (%) |
NIFTY 500 (TRI) (Annualised) (%) |
NIFTY 50 (TRI) (Annualised) (%) |
Total Amount Invested | Present Value of Investments in PPTSF (Regular Plan) |
Present Value of Investments in PPTSF (Direct Plan) |
|
| January 31, 2024 to January 31, 2025 (Last 1 Year) |
07.56% | 08.76% | -02.97% | 0.02% | 1,20,000 | 1,24,852 | 1,25,618 |
| January 31, 2022 to January 31, 2025 (Last 3 Years) |
19.52% | 20.90% | 16.22% | 13.37% | 3,60,000 | 4,79,710 | 4,89,049 |
| January 31, 2020 to January 31, 2025 (Last 5 Years) |
21.75% | 23.24% | 18.78% | 16.06% | 6,00,000 | 10,30,106 | 10,67,951 |
| Since Inception (24 July, 2019) |
21.85% | 23.32% | 18.63% | 15.97% | 6,70,000 | 12,32,688 | 12,84,082 |
CIO & EQUITY FUND MANAGER
EQUITY FUND MANAGER
DEBT FUND
MANAGER
EQUITY FUND MANAGER
DEBT CO-FUND MANAGER AND CREDIT RESEARCH ANALYST
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