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ELSS (tax saving) · PPFAS Mutual Fund · AMFI code 147481Parag Parikh ELSS Tax Saver Fund
Disclosed for 87 months, Jul 2019 to Sep 2026.Published as: Parag Parikh ELSS Tax Saver Fund (An open ended scheme with attributes in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance)
Portfolio value
₹15 Cr
up ₹2.1 Cr vs Jul 2019
- Stocks held
- 21
- up 7 vs Jul 2019
- Top 10 weight
- 56.0%
- of the portfolio in its ten largest
- Cash & debt
- 19.5%
- cash, money market and debt
- Moves this month
- 7 in · 0 out
- added to 10, trimmed 3
Parag Parikh ELSS Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from PPFAS Mutual Fund. In August 2019 it disclosed 21 stocks worth ₹15 Cr, up ₹2.1 Cr from Jul 2019. Its largest positions were HDFC Bank Limited (9.4%), Bajaj Holdings & Investment Limited (7.7%), Hero MotoCorp Limited (5.2%); the ten largest together made up 56.0% of the portfolio, and Banks was the biggest sector at 24.2% of its equity. Cash and debt stood at 19.5%. Compared with Jul 2019 the fund entered 7 new stocks and exited 0.
Against 46 other ELSS (tax saving) funds
Concentration
93%
Top-10 weight is higher than 93% of peers
Breadth
0%
Holds more stocks than 0% of peers
Cash
100%
Holds more cash than 100% of peers
Holdings in August 2019
Download CSVEvery line the fund disclosed, with the change against Jul 2019. Click a column to sort; click a company to see every fund that owns it.
- Cash, TREPS & receivables
- Weight
- 19.54%
- Δ weight
- down 31.99 pts
- Value
- ₹2.9 Cr
- Δ value
- down ₹3.7 Cr
- Status
- Trimmed
- Weight
- 9.37%
- Δ weight
- up 0.18 pts
- Value
- ₹1.4 Cr
- Δ value
- up ₹22 L
- Status
- Added
- Weight
- 7.72%
- Δ weight
- up 7.72 pts
- Value
- ₹1.2 Cr
- Δ value
- up ₹1.2 Cr
- Status
- New
- Weight
- 5.19%
- Δ weight
- up 0.61 pts
- Value
- ₹78 L
- Δ value
- up ₹19 L
- Status
- Added
- Weight
- 5.08%
- Δ weight
- up 5.08 pts
- Value
- ₹76 L
- Δ value
- up ₹76 L
- Status
- New
- Weight
- 5.06%
- Δ weight
- up 0.71 pts
- Value
- ₹76 L
- Δ value
- up ₹20 L
- Status
- Added
- Weight
- 5.06%
- Δ weight
- up 0.61 pts
- Value
- ₹76 L
- Δ value
- up ₹19 L
- Status
- Added
- Weight
- 4.82%
- Δ weight
- up 0.21 pts
- Value
- ₹72 L
- Δ value
- up ₹13 L
- Status
- Added
- Weight
- 4.82%
- Δ weight
- up 0.14 pts
- Value
- ₹72 L
- Δ value
- up ₹12 L
- Status
- Added
- Weight
- 4.81%
- Δ weight
- up 3.03 pts
- Value
- ₹72 L
- Δ value
- up ₹49 L
- Status
- Added
- Weight
- 4.12%
- Δ weight
- up 0.21 pts
- Value
- ₹62 L
- Δ value
- up ₹11 L
- Status
- Added
- Weight
- 3.77%
- Δ weight
- up 0.17 pts
- Value
- ₹57 L
- Δ value
- up ₹10 L
- Status
- Added
- Weight
- 2.95%
- Δ weight
- up 2.95 pts
- Value
- ₹44 L
- Δ value
- up ₹44 L
- Status
- New
- Weight
- 2.88%
- Δ weight
- up 2.88 pts
- Value
- ₹43 L
- Δ value
- up ₹43 L
- Status
- New
- Weight
- 2.71%
- Δ weight
- up 2.71 pts
- Value
- ₹41 L
- Δ value
- up ₹41 L
- Status
- New
- Weight
- 2.19%
- Δ weight
- up 2.19 pts
- Value
- ₹33 L
- Δ value
- up ₹33 L
- Status
- New
- Weight
- 1.95%
- Δ weight
- up 1.95 pts
- Value
- ₹29 L
- Δ value
- up ₹29 L
- Status
- New
- Weight
- 1.69%
- Δ weight
- up 1.68 pts
- Value
- ₹25 L
- Δ value
- up ₹25 L
- Status
- Added
- Weight
- 1.62%
- Δ weight
- down 0.17 pts
- Value
- ₹24 L
- Δ value
- up ₹1 L
- Status
- Added
- Weight
- 1.56%
- Δ weight
- down 0.28 pts
- Value
- ₹23 L
- Δ value
- down ₹0 L
- Status
- Trimmed
- Weight
- 1.55%
- Δ weight
- down 0.27 pts
- Value
- ₹23 L
- Δ value
- down ₹0 L
- Status
- Trimmed
- Weight
- 1.54%
- Δ weight
- down 0.31 pts
- Value
- ₹23 L
- Δ value
- down ₹1 L
- Status
- Trimmed
What changed, Jul 2019 to Aug 2019
New New positions (7)
- Bajaj Holdings & Investment Limited7.7% · ₹1.2 Cr
- ICICI Bank Limited5.1% · ₹76 L
- Wipro Limited2.9% · ₹44 L
- MphasiS Limited2.9% · ₹43 L
- Tata Consultancy Services Limited2.7% · ₹41 L
- Maharashtra Scooters Limited2.2% · ₹33 L
- IPCA Laboratories Limited1.9% · ₹29 L
Exited Exited (0)
None.
Added Biggest additions
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Jul 2019, the weight rose most in Finance (+14.4 pts) and IT - Software (+7.7 pts), and fell most in Automobiles (−6.7 pts) and Pharmaceuticals & Biotechnology (−4.9 pts).
- Finance0.0% → 14.4%+14.4 pts
- IT - Software9.2% → 16.9%+7.7 pts
- Leisure Services3.7% → 6.0%+2.3 pts
- Automobiles19.1% → 12.4%−6.7 pts
- Pharmaceuticals & Biotechnology15.1% → 10.2%−4.9 pts
- Banks27.9% → 24.2%−3.7 pts
- Capital Markets9.5% → 6.0%−3.5 pts
- Food Products8.1% → 5.1%−3.0 pts
- Auto Components7.4% → 4.7%−2.7 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jul 2019 | Aug 2019 |
|---|---|---|
| Banks | 27.9% | 24.2% |
| IT - Software | 9.2% | 16.9% |
| Finance | 0.0% | 14.4% |
| Automobiles | 19.1% | 12.4% |
| Pharmaceuticals & Biotechnology | 15.1% | 10.2% |
| Capital Markets | 9.5% | 6.0% |
| Leisure Services | 3.7% | 6.0% |
| Food Products | 8.1% | 5.1% |
| Auto Components | 7.4% | 4.7% |
Allocation in Aug 2019change vs Jul 2019
- Banks (3)24.2%▼ 3.7 pts
- IT - Software (4)16.9%▲ 7.7 pts
- Finance (3)14.4%▲ 14.4 pts
- Automobiles (2)12.4%▼ 6.7 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Aug 2019
19.5%
▼ 32.0 pts vs Jul 2019
- Cash alone
- 19.5%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 19.5% – 51.5%
- lowest to highest · record 51.5% in Jul 2019
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.