Mutual fund · ELSS
Parag Parikh ELSS Tax Saver Fund
₹5,401 cr across 42 positions, as filed for 2026-09-30. Returns are the fund's AMFI growth-plan NAV; holdings and behavior come from its filed monthly portfolios.
Returns, against the category
Q2 FY27: −10% over 1 year against the median ELSS fund's −2%.
| Over | Quarter | 1 year | 3 years (ann.) | 5 years (ann.) |
|---|---|---|---|---|
| Parag Parikh ELSS Tax Saver Fund | −4% | −10% | +7% | +9% |
| Median ELSS fund | −3% | −2% | +9% | +9% |
+27%Q3 FY24+34%Q4 FY24+32%Q1 FY25+37%Q2 FY25+20%Q3 FY25+14%Q4 FY25+13%Q1 FY260%Q2 FY26+5%Q3 FY26−8%Q4 FY26−10%Q1 FY27−10%Q2 FY27
What moved the fund, last 12 filed months
Contribution = the fund's filed weight each month × that stock's price move in its own filings, in percentage points of NAV. Corporate-action months are left out.
| Stock | 12 months | Latest month |
|---|---|---|
| Coal India Limited | +0.7 pp | +0.3 pp |
| Kotak Mahindra Bank Limited | +0.6 pp | −0.0 pp |
| Axis Bank Limited | +0.5 pp | −0.2 pp |
| West Coast Paper Mills Limited | +0.4 pp | +0.2 pp |
| CCL Products (India) Limited | +0.3 pp | −0.2 pp |
| Stock | 12 months | Latest month |
|---|---|---|
| ITC Limited | −2.1 pp | +0.1 pp |
| HDFC Bank Limited | −2.0 pp | −0.0 pp |
| CMS Info System Limited | −1.5 pp | −0.2 pp |
| Infosys Limited | −1.3 pp | −0.4 pp |
| Maharashtra Scooters Limited | −1.3 pp | −0.5 pp |
Holdings, as filed for 2026-09-30
| Holding | Sector | % of fund | Value | Held for | Vs avg cost |
|---|---|---|---|---|---|
| HDFC Bank | Financial Services | 7.57% | ₹409 cr | 39 mo | -10% |
| Bajaj Holdings & Investment Limited | Financial Services | 7.05% | ₹381 cr | 86 mo | +62% |
| Power Grid Corporation of India Limited | Power | 6.58% | ₹356 cr | 59 mo | +7% |
| Coal India | Oil, Gas & Consumable Fuels | 6.46% | ₹349 cr | 55 mo | +34% |
| Maharashtra Scooters Limited | Financial Services | 5.50% | ₹297 cr | 56 mo | +102% |
| ITC Limited | Fast Moving Consumer Goods | 5.02% | ₹271 cr | 79 mo | -28% |
| ICICI Bank | Financial Services | 4.86% | ₹262 cr | 86 mo | +36% |
| Kotak Mahindra Bank Limited | Financial Services | 4.70% | ₹254 cr | 35 mo | +15% |
| HCL Technologies Limited | Information Technology | 4.36% | ₹236 cr | 69 mo | -2% |
| Axis Bank | Financial Services | 3.63% | ₹196 cr | 86 mo | +39% |
| Maruti Suzuki India Limited | Automobile and Auto Components | 3.53% | ₹190 cr | 86 mo | +30% |
| M & M | Automobile and Auto Components | 3.51% | ₹189 cr | 22 mo | +1% |
| Bharti Airtel Limited | Telecommunication | 3.41% | ₹184 cr | 17 mo | -10% |
| Infosys | Information Technology | 3.13% | ₹169 cr | 43 mo | -33% |
| CCL Products (India) Limited | Fast Moving Consumer Goods | 2.65% | ₹143 cr | 67 mo | +31% |
How this fund actually behaves
Computed from every filed monthly portfolio (86 months of filings) by the research pipeline.
| Holding patience | Median months a position is held (25th–75th band) | 25 mo (11–57) |
| Win rate on exits | Closed positions sold above entry, and the payoff ratio (12 exits) | 92% · payoff 21.0× |
| Loser handling | Cuts losers vs averages down, from 12 months of filings | Averages down |
| Entry valuation discipline | Median P/E paid on entries over 36 months; share above 50× | 19× · 13% over 50× |
| Portfolio valuation today | Weighted P/E and P/B of the current book at filed prices | 23.0× P/E · 4.0× P/B · 0% loss-makers |
| Churn | Stocks entered and exited in 12 months, of 42 positions | 13 in · 3 out |
| Concentration | Top 10 holdings' share; effective number of positions | 56% · ~21 effective |