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Parag Parikh ELSS Tax Saver Fund Review 2025 - NAV, Returns, SIP & Investment Guide

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Comprehensive review of Parag Parikh ELSS Tax Saver Fund - Check latest NAV, returns since inception, fund managers, investment objectives & should you invest. Tax-saving fund with 3-year lock-in period.

Investment Objective and Approach

The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. The fund follows a value investing philosophy, which is the core principle of PPFAS Mutual Fund.

The Parag Parikh ELSS Tax Saver Fund was launched on 24th July 2019. This tax-saving mutual fund scheme is designed for investors seeking both long-term wealth creation and tax benefits under Section 80C of the Income Tax Act.

Key features of the fund:

- The Parag Parikh ELSS Tax Saver Fund has a lock-in period of 3 years.

- Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.

- The PE ratio of Parag Parikh ELSS Tax Saver Fund is 20.51, while category PE ratio is 28.68.

- The alpha ratio for the Parag Parikh ELSS Tax Saver Fund is 4.60, indicating outperformance versus expected returns.

The fund's asset allocation as of August 6, 2025 shows a diversified approach with equity holdings forming the major portion and some debt allocation for risk management.

Fund Managers

The Parag Parikh ELSS Tax Saver Fund is managed by a team of experienced professionals:

Rajeev Thakkar - Rajeev Thakkar's has over 18 years' experience in various segments of the financial markets such as investment banking, corporate finance, securities broking and fund management. His fund management career commenced in 2003 when he was appointed the Fund Manager for PPFAS Portfolio Management Service's flagship scheme titled "Cognito". He is also a Chartered Accountant and CFA Charter Holder and ICWA graduate.

Raunak Onkar - Raunak Onkar is a Fund Manager & Research Head at PPFAS Mutual Fund. He started his career with PPFAS in 2008 as an intern in the Research Team. He graduated from the University of Mumbai with a BSc in IT & MMS (Masters in Management Studies) in Finance.

Raj Mehta - Part of the fund management team, He has collectively over 6 years of experience in investment research. He started his career with PPFAS Asset Management Pvt Ltd as an intern in 2012.

About the Fund House (AMC)

PPFAS Asset Management Private Limited is the AMC managing this fund. PPFAS was incorporated in 1992 and has more than 28 years of industry experience in the industry. PPFAS Mutual Fund manages assets worth 129777 crores and was set up on 2012-10-10. The company is led by its CEO Neil Parag Parikh.

Investment Philosophy:

PPFAS Mutual Fund has a very different approach to investing. It follows the 'Law of the Farm' strategy. This means that everything takes its own time, and rushing into the process will have an opposite result. Following the strategy, the AMC has a relatively long holding period.

The fund house believes in value investing principles established by its founder Parag Parikh. PPFAS AMC believes that the interest of clients should be similar to those of their employees and management. Hence, their workforce also invests a considerable amount of their investable surplus in the company's equity fund.

Should I Invest in Parag Parikh ELSS Tax Saver Fund?

Strengths:

- Strong Performance Track Record: It has delivered 20.9% average annual returns since the fund was launched. Over the past five years, Parag Parikh ELSS Tax Saver Fund - Regular Plan has delivered an annualised return of 22.31% as of 07-Aug-2025.

- Experienced Management: The fund is managed by seasoned professionals with extensive experience in equity markets and value investing.

- Reasonable Expense Ratio: The expense ratio of Parag Parikh ELSS Tax Saver Fund Plan is 0.62 as of 6th August 2025.

- Tax Benefits: Eligible for tax deduction up to Rs 1.5 lakh under Section 80C while offering equity market exposure.

Investment Considerations:

- Lock-in Period: The mandatory 3-year lock-in period means your investment cannot be redeemed before this period.

- Market Risk: Being an equity-oriented fund, it carries inherent market risks and volatility.

- Value Investing Approach: The fund follows value investing principles, which may underperform during certain market conditions favoring growth stocks.

Who Should Consider:

- Investors seeking tax benefits under Section 80C

- Those with investment horizon of at least 5 years

- Investors comfortable with equity market volatility

- Those who believe in value investing philosophy

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

FAQs

What is today's NAV of Parag Parikh ELSS Tax Saver Fund?

The Latest NAV as of 22 Aug 2025 is ₹34.09. The NAV changes daily based on the fund's portfolio performance.

What is the AUM of Parag Parikh ELSS Tax Saver Fund?

The AUM (i.e. assets under management) of Parag Parikh ELSS Tax Saver Fund is ₹5557.37 Cr as of 6th August 2025.

What is the expense ratio of Parag Parikh ELSS Tax Saver Fund?

The expense ratio of Parag Parikh ELSS Tax Saver Fund Plan is 0.62 as of 6th August 2025. This is quite competitive compared to other ELSS funds in the market.

What are the returns of Parag Parikh ELSS Tax Saver Fund since inception?

It has delivered 20.9% average annual returns since the fund was launched. The fund has shown consistent performance since its inception in July 2019.

What is the minimum SIP amount to invest in Parag Parikh ELSS Tax Saver Fund?

Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹500.

How do I invest in Parag Parikh ELSS Tax Saver Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, and choosing between SIP or lump sum investment options. Allvest provides a seamless digital investment experience.

How to start a SIP in Parag Parikh ELSS Tax Saver Fund?

Log in to your Allvest account, select Parag Parikh ELSS Tax Saver Fund, choose SIP option, set your monthly investment amount (minimum ₹1,000), and authorize the mandate for automatic deduction.

How do I automate an SIP in Parag Parikh ELSS Tax Saver Fund?

Through Allvest, set up an e-mandate or provide bank mandate authorization. This allows automatic monthly deduction from your bank account for the SIP investment without manual intervention.

How can I withdraw/redeem my investment in Parag Parikh ELSS Tax Saver Fund?

ELSS investments have a mandatory 3-year lock-in period. After completion of 3 years, you can redeem through Allvest platform. The redemption process typically takes 3-4 working days for credit to your bank account.