Parag Parikh ELSS Tax Saver Fund Direct-Growth
Equity: ELSS - Tax Saver - Growth (Open ended) Factsheet
SEBI Riskometer: Very HighCategory: Equity: ELSS - Tax SaverBenchmark: NIFTY 500 Total Return IndexCheck Portfolio Overlap →
NAV: ₹31.62-0.28%
07 Sept 2026
Rolling Returns Analysis
Rolling annualized returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 06 Aug, 2020 - 07 Sep, 2026 | 10 Aug, 2022 - 07 Sep, 2026 | 26 Aug, 2024 - 07 Sep, 2026 | 02 Sep, 2026 - 07 Sep, 2026 |
| Average returns | 22.84% | 21.95% | 22.20% | 17.99% |
| Standard deviation | 18.20% | 5.19% | 5.04% | 0.09% |
| Best returns | 86.57% 1 year ending on 08 Apr, 2021 | 38.00% 3 years ending on 05 Apr, 2023 | 32.67% 5 years ending on 21 Apr, 2025 | 18.11% 7 years ending on 04 Sep, 2026 |
| Worst returns | -8.91% 1 year ending on 08 Jul, 2026 | 10.78% 3 years ending on 19 Aug, 2026 | 12.69% 5 years ending on 02 Sep, 2026 | 17.92% 7 years ending on 02 Sep, 2026 |
| Period with positive return | 92.88% | 100.00% | 100.00% | 100.00% |
| Period with return > 5% | 87.89% | 100.00% | 100.00% | 100.00% |
| Period with return > 10% | 71.92% | 100.00% | 100.00% | 100.00% |
| Period with return > 15% | 62.08% | 89.34% | 86.90% | 100.00% |
| Beat % Category | 64.40% | 84.86% | 96.83% | 100.00% |
| Beat % Benchmark | 67.33% | 85.96% | 99.01% | 100.00% |
Trailing Returns
Point-to-point returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
-5%
0%
5%
10%
-8.5%
-0.6%
-2.2%
YTD
-2.7%
-1.6%
-2.3%
1 M
-2.3%
5.4%
3.7%
6 M
-7.3%
2.7%
2.1%
1 Y
9.2%
12.0%
11.1%
3 Y
11.6%
11.4%
10.5%
5 Y
13.4%
13.0%
10 Y
Fund
Equity: ELSS - Tax Saver
NIFTY 500 Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | -8.48% | -2.66% | -2.31% | -7.33% | 9.24% | 11.58% | - | 17.52% |
| Equity: ELSS - Tax Saver | -0.55% | -1.60% | 5.37% | 2.74% | 11.97% | 11.38% | 13.38% | - |
| NIFTY 500 Total Return Index | -2.24% | -2.30% | 3.67% | 2.13% | 11.08% | 10.50% | 12.99% | - |
| Rank in category | 40 | 33 | 40 | 40 | 31 | 17 | - | - |
| Funds in category | 40 | 40 | 40 | 40 | 38 | 33 | 28 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Parag Parikh ELSS Tax Saver Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
Compare performance with respect toAdd benchmark
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Frequently Asked Questions
What are the 1-year returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth?
Parag Parikh ELSS Tax Saver Fund Direct-Growth has delivered a 1-year return of -7.33% as of 6 Sep 2026. During the same period, its benchmark NIFTY 500 Total Return Index returned 2.13%. The fund has underperformed its benchmark over this period.
What are the 3-year returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth?
Parag Parikh ELSS Tax Saver Fund Direct-Growth has delivered a 3-year CAGR of 9.24% as of 6 Sep 2026. Its benchmark NIFTY 500 Total Return Index returned 11.08% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth?
Parag Parikh ELSS Tax Saver Fund Direct-Growth has delivered a 5-year CAGR of 11.58% as of 6 Sep 2026. Its benchmark NIFTY 500 Total Return Index returned 10.50% CAGR over the same period. A 5-year track record is considered a more reliable indicator of fund quality than shorter-term performance, as it captures at least one full market cycle.
What are the returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth since inception?
Since its launch on 25 Jul 2019, Parag Parikh ELSS Tax Saver Fund Direct-Growth has delivered a CAGR of 17.52%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Parag Parikh ELSS Tax Saver Fund Direct-Growth performed vs its category over the long term?
Over the long term, Parag Parikh ELSS Tax Saver Fund Direct-Growth has ranked 31 out of 38 funds in the Equity: ELSS - Tax Saver category on a 3-year basis, and 17 out of 33 funds on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Parag Parikh ELSS Tax Saver Fund Direct-Growth?
The Sharpe ratio of Parag Parikh ELSS Tax Saver Fund Direct-Growth is 0.44 (as of 6 Sep 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Parag Parikh ELSS Tax Saver Fund Direct-Growth?
The 3Y alpha of Parag Parikh ELSS Tax Saver Fund Direct-Growth is 0.16% (as of 6 Sep 2026). Alpha measures the excess return generated by the fund over and above its benchmark NIFTY 500 Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Parag Parikh ELSS Tax Saver Fund Direct-Growth?
The beta of Parag Parikh ELSS Tax Saver Fund Direct-Growth is 0.71 (as of 6 Sep 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark NIFTY 500 Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Parag Parikh ELSS Tax Saver Fund Direct-Growth's beta of 0.71 indicates it is more defensive than its benchmark.
What are the rolling returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Parag Parikh ELSS Tax Saver Fund Direct-Growth is 22.84% and 21.95% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.