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Parag Parikh ELSS Tax Saver Fund- Direct Growth

Parag Parikh · ELSS
High
₹30.57
Current NAV
23 Oct 2026
-13.2%
1Y Return
8.1%
3Y CAGR
9.8%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.37%.
  • Professionally managed by an established fund house with experienced fund managers.
  • Well-diversified portfolio aligned with the ELSS mandate.
Cons / Risks
  • Subject to high equity market volatility and short-term capital fluctuations.
  • Lower risk-adjusted performance compared to top peers in the same category.

Suitable for
  • Long-term wealth creation (5+ years horizon) like retirement or child education.
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term goals (under 3 years) where preserving the capital is the main priority.
  • Short-term trading or speculative investment horizons.

Risk Profile: High Risk
Low Moderate High Very High
Risk Metrics
0.77
Sharpe Ratio
0.97
Beta
-1.23
Alpha
1.05
Sortino
Fund Details
Fund House Parag Parikh
Category ELSS
AUM ₹2320 Cr
Expense Ratio 0.37%
Min SIP ₹500
Min Lumpsum ₹1000
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