MonitorDirect · Growth
Parag Parikh ELSS Tax Saver Fund
PPFAS Mutual FundEquity Scheme - ELSS7.1 years
The Scheme seeks to generate long-term capital appreciation through a diversified portfolio of equity and equity related instruments. (80% of total assets in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance)
- NAV
- 31.0064
- 15 Sept 2026
- 1Y
- -10.8%
- Trailing CAGR
- Upside capture
- +80%
- Vs NIFTY 500 TRI
- Downside capture
- +49%
- Lower is better
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-10.8%
- 3Y+7.9%
- 5Y+10.7%
- 10Yn/a
- SI+17.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-11.0%
- 3Y+0.1%
- 5Y+7.7%
- 10Yn/a
- Since inception
- +17.2%
- Calendar-day CAGR
- Excess 1Y
- -11.0%
- Category median, same plan and option
- 3Y win rate
- +84%
- Windows beating the median
- 3Y percentile
- 29
- Vs comparable share classes
- Worst rolling 3Y
- +7.9%
- 1019 daily-ending windows
- Median rolling 3Y
- +22.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 530 daily-ending windows
- SIP 3Y XIRR
- +0.1%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- -8.5%
- Fund minus TRI
- 3Y excess
- -1.5%
- Fund minus TRI
- Upside capture
- +80%
- Benchmark-up months
- Downside capture
- +49%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 111 recovered episodes
- Longest recovery
- 120 days
- Trough to prior peak
- Current spell
- 327 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
13 Feb 2020 – 21 Jul 2020
Trough 23 Mar 2020 · recovered in 120 days
-29.5%
23 Oct 2025 – open
Trough 31 Mar 2026 · not recovered
-14.7%
18 Oct 2021 – 17 Aug 2022
Trough 20 Jun 2022 · recovered in 58 days
-12.0%
26 Sept 2024 – 6 Jun 2025
Trough 4 Mar 2025 · recovered in 94 days
-10.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
29
Vs category
0
Consistency
75
Risk-adjusted
69
Drawdown
26
Mean
40
Portfolio
31 Aug 2026 · 48 holdings · top 10 are 55.4%.
- Top 5
- 32.6%
- Top 10
- 55.4%
- Largest holding
- 7.3%
- Effective holdings
- 23.3
Bajaj Holdings & Investment Ltd
Financial
7.3%
HDFC Bank Ltd
Financial
7.3%
Power Grid Corporation of India Ltd
Energy & Utilities
6.4%
Coal India Ltd
Materials
5.9%
Maharashtra Scooters Ltd
Consumer Discretionary
5.8%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
11 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
10 Sept 2026
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Supporting reads
- The fund beat the category median in 84% of rolling 3-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
Baroda BNP Paribas ELSS Tax Saver Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +2.9%
- 3Y
- +14.1%
- Vol
- 13.9%
- Max DD
- -17.3%
- Sharpe
- 0.66
- 3Y win
- +99%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
HDFC Long Term Advantage Plan
HDFC Mutual Fund
- 1Y
- +36.1%
- 3Y
- +21.2%
- Vol
- 16.6%
- Max DD
- -39.6%
- Sharpe
- 0.75
- 3Y win
- +95%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
NAVI ELSS TAX SAVER NIFTY50 INDEX FUND
Navi Mutual Fund
- 1Y
- -5.6%
- 3Y
- +6.3%
- Vol
- 12.6%
- Max DD
- -15.5%
- Sharpe
- 0.45
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Lower trailing returns
Sundaram ELSS Tax Saver Fund
Sundaram Mutual Fund
- 1Y
- -5.0%
- 3Y
- +7.6%
- Vol
- 13.5%
- Max DD
- -16.7%
- Sharpe
- 0.33
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Aditya Birla Sun Life ELSS Tax Saver Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.2%
- 3Y
- +10.6%
- Vol
- 14.6%
- Max DD
- -35.1%
- Sharpe
- 0.60
- 3Y win
- +49%
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown