Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

You can consider SIP in Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan as it has consistently outperformed the benchmark and has a Very good quality portfolio. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan is currently ₹5,557 Crores.

The Top three stocks are Bajaj Hold & Invest, HDFC Bank and Maharashtra Scooters and account for 23% of its portfolio. Top 5 and 10 stocks of fund account for 35% and 57% of fund’s portfolio respectively.

Top three sectors of Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan fund are BFSI, Others and IT accounting for 64% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan Fund is Equity - ELSS.

Rajeev Thakkar and Raunak Onkar manage the Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan Fund.

Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan current PE ratio is 27.00 and PB ratio is 4.44

The asset allocation of Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan is Stocks : 85.32%, Debt : 14.69% and Gold : 0%

The minimum SIP amount for Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹500.00

The exit load for Parag Parikh ELSS Tax Saver Fund - Growth - Direct Plan is Nil