1M
6M
1Y
3Y
All
| NAV: 13 May 2024 | ₹28.46 |
| Min. SIP amount | ₹1,000 |
| Rating | 5 |
| Fund size | ₹3,360.61Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 30.2% | 22.2% | 24.3% |
| Category average | NA | 34.5% | 19.0% | NA |
| Rank with in category | NA | 30 | 9 | NA |
Understand terms
Holdings (43)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 7.91% |
Bajaj Holdings & Investment Ltd. | Financial | Equity | 6.61% |
Power Grid Corporation Of India Ltd. | Energy | Equity | 6.01% |
Coal India Ltd. | Energy | Equity | 5.97% |
Maruti Suzuki India Ltd. | Automobile | Equity | 5.43% |
ITC Ltd. | Consumer Staples | Equity | 5.08% |
ICICI Bank Ltd. | Financial | Equity | 4.96% |
HCL Technologies Ltd. | Technology | Equity | 4.43% |
Tata Consultancy Services Ltd. | Technology | Equity | 4.15% |
Wipro Ltd. | Technology | Equity | 3.73% |
See All
Pros and cons
Category: Equity ELSS
Pros
Cons
Exit load is zero
1Y annualised returns lower than category average by 4.27%
Lower expense ratio: 0.61%
Lock-in period: 3Y
3Y annualised returns higher than category average by 3.18%
Higher alpha: 7.23
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Expense ratio, exit load and tax
Expense ratio: 0.61%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹1,000 |
Fund management
Rajeev ThakkarJul 2019 - PresentView details
Rajeev Thakkar
Jul 2019 - Present
View details
Education
Mr.Thakkar is a Chartered Accountant, Cost Accountant, CFA, and CFP.
Experience
He has been associated with PPFAS AMC since 2013.
Also manages these schemes
Raunak OnkarJul 2019 - PresentView details
Raunak Onkar
Jul 2019 - Present
View details
Education
Mr.Onkar is an MMS (Finance) from the University of Mumbai.
Experience
He joined PPFAS as a research analyst. He was appointed as Head- research in the year 2011. He is working with the company as an Associate Fund Manager.
Also manages these schemes
Raj MehtaJul 2019 - PresentView details
Raj Mehta
Jul 2019 - Present
View details
Education
Mr. Mehta is a Commerce Graduate from University of Mumbai (N.M. College) ; Fellow Member of Institute of Chartered Accountants of India (ICAI) ; CFA Charter Holder.
Experience
Beginning his career as an intern with PPFAS Mutual Fund in 2012, he swiftly moved up the ranks, and is currently part of the Fund Management team.
Also manages these schemes
Rukun TarachandaniMay 2022 - PresentView details
Rukun Tarachandani
May 2022 - Present
View details
Education
Mr. Tarachandani has done B Tech (Information Technology), PGPM (Finance), CFA and CQF.
Experience
Prior to joining PPFAS Mutual Fund, he has worked with Kotak Mutual Fund, Goldman Sachs, Unnati Investment Management & Research Group.
Also manages these schemes
Mansi KariyaDec 2023 - PresentView details
Mansi Kariya
Dec 2023 - Present
View details
Education
Ms. Karia has done B.Com, MS Finance and CFA
Experience
Prior to joining PPFAS AMC, she has worked with Insync and Zacks Investment Research
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
81/82, 8th Floor, Sakhar Bhavan,Ramnath Goenka Marg,230 Nariman Point Mumbai 400021
Phone
91 22 6140 6555
Launch Date
10 Oct 2012
E-mail
[email protected]
PPFAS Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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