MF Scanner
EquityELSSDirect · Growth

Parag Parikh ELSS Tax Saver Fund- Direct Growth

PPFAS · Scheme 147481

31.80 0.69%NAV · 2026-09-18
68
Decent FundScore
Start SIP
AUM
₹5,700 cr
Expense ratio
0.65%
3Y CAGR
11.4%
Risk level
High
Min SIP
₹1,000
Benchmark
Nifty 500 TRI
Fund manager: Rajeev ThakkarExit load: Nil
Decent · 68/100

A solid option with a few areas worth a closer look.

🎯 A dependable core holding for long-term SIP investors.

📈 Why it could do well

  • Very consistent — delivers dependably across market cycles, ideal for SIPs.
  • Low cost — 0.65% expense ratio means more of the return stays with you.
  • Positive 3Y windows: 100% of rolling 3Y windows positive
  • Beat category: beat category in 87% of windows
  • Alpha vs benchmark: +3.6%

📉 What could drag it down

  • Down 7.7% over the last year — currently out of favour.
  • 3Y CAGR vs category: -1.9% vs category avg
  • 1Y return: -7.7%

FundScore breakdown

68/100 · Decent
How it works →
37
Returns
Weak
98
Consistency
Excellent
55
Risk-adjusted
Average
77
Downside protection
Strong
83
Cost efficiency
Excellent
50
Portfolio quality
Average

Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.

SIP return calculator

Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.