INCOME TAX10 Sept 2026
PPFAS Tax Saver vs Flexi Cap Fund: Same stocks but different returns. Which one performed better and why | Mint
Parag Parikh ELSS Tax Saver Fund, an Equity Linked Savings Scheme, fell 9.52% over one year, the worst among equity funds, while its sibling Parag Parikh Flexi Cap dropped only 2.71%. Even though 71% of their portfolios overlap, stock weights, US equity exposure and overall equity allocation differed. If you hold either fund, check your goal and risk comfort before switching.
Key Statutory Highlights
- Parag Parikh ELSS Tax Saver Fund fell 9.52% over one year, while Parag Parikh Flexi Cap Fund fell 2.71%, leaving a gap of 6.81 percentage points.
- As of 31 August 2026, the two schemes held 38 of the same stocks, which worked out to around 71% portfolio overlap.
- Maharashtra Scooters, CMS Info Systems and Wipro together made up 9.91% of the ELSS portfolio but only 0.26% of Flexi Cap.
Actionable Advice for Taxpayers / Founders:Before reacting to these one-year numbers, look at your own holding period, goal and the latest portfolio disclosures of the fund you hold. Speak to your adviser before switching, since the two schemes differ in stock weights and US equity exposure.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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