Scheme Facts - Parag Parikh ELSS Tax Saver Fund

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be realized and the scheme does not assure or guarantee any returns.

• Parag Parikh ELSS Tax Saver Fund (PPTSF) will be launched by PPFAS Mutual Fund
• It is an an open-ended Equity Linked Savings Scheme (ELSS) with a 3 year lock-in period from the date of investment for every investment instalment.
• It is a diversified Equity Fund investing a minimum of 80% of its corpus in Indian equities

Minimum Investment

Rs. 500/- and multiples of Rs. 500/- thereafter

Systematic Investment Plans (SIP)

Monthly:
Amount: Minimum Rs. 1,000/- and in multiples of Rs. 500/-
Instalments: Minimum of Six

Quarterly:
Amount: Minimum Rs. 3,000/- and in multiples of Rs. 500/-
Instalments: Minimum of Four

Declaration of NAV

The Net Asset Value is declared at the end of each “Business Day”.

Entry and Exit load

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Expense Ratio

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Lock-In Period

Each investment instalment will be subject to a lock-in for a period of 3 years from the date of investment.

Capital Gains Tax Treatment

Similar to any Indian equity diversified scheme.

Factsheets and other details

Factsheet and the other details will be available on this website under the 'Schemes' section.

Riskometer This product is suitable for investors who are seeking (I) Long term capital appreciation (II) Investment predominantly in equity and equity related securities. Investors should consult their financial advisers if in doubt about whether this scheme is suitable for them.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.