How to Invest in Navi ELSS Tax Saver Fund Direct IDCW?

You can easily invest in Navi ELSS Tax Saver Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Navi ELSS Tax Saver Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Navi ELSS Tax Saver Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Navi ELSS Tax Saver Fund Direct IDCW provide?

The Navi ELSS Tax Saver Fund Direct IDCW has been there from 30 Dec 2015 and the average annual returns provided by this fund is 19.07% since its inception.

How much expense ratio is charged by Navi ELSS Tax Saver Fund Direct IDCW?

The term Expense Ratio used for Navi ELSS Tax Saver Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Navi ELSS Tax Saver Fund Direct IDCW is 0.39% as of 26 Sep 2023...

What is the AUM of Navi ELSS Tax Saver Fund Direct IDCW?

The AUM, short for Assets Under Management of Navi ELSS Tax Saver Fund Direct IDCW is ₹60.95Cr as of 26 Sep 2023.

How to Redeem Navi ELSS Tax Saver Fund Direct IDCW?

If you want to sell your Navi ELSS Tax Saver Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Navi ELSS Tax Saver Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Navi ELSS Tax Saver Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Navi ELSS Tax Saver Fund Direct IDCW?

The NAV of Navi ELSS Tax Saver Fund Direct IDCW is ₹26.50 as of 25 Sep 2023.

What is the PE and PB ratio of Navi ELSS Tax Saver Fund Direct IDCW?

The PE ratio ratio of Navi ELSS Tax Saver Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Navi ELSS Tax Saver Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

Navi ELSS Tax Saver Fund Direct IDCW
Equity
ELSS
Very High Risk
3Y Lock In
22.32%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 25 Sep 2023₹26.50
Min. SIP amountNot Supported
RatingNA
Fund size₹60.95Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns19.1%22.3%13.6%13.6%
Category average16.8%24.0%14.1%NA
Rank with in category282822NA
Understand terms
Holdings (46)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity6.3%
Infosys Ltd.
TechnologyEquity5.9%
ICICI Bank Ltd.
FinancialEquity5.3%
Reliance Industries Ltd.
EnergyEquity5.0%
Axis Bank Ltd.
FinancialEquity4.4%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity3.7%
Polycab India Ltd.
Capital GoodsEquity3.1%
UNO Minda Ltd.
AutomobileEquity2.9%
Tata Motors Ltd.
AutomobileEquity2.8%
Fusion Micro Finance Ltd.
FinancialEquity2.6%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Equity ELSS
Pros
Cons
Exit load is zero
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.4%
Lock-in period: 3Y
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
31 Aug 2023 - Present
0.39%
31 Jul 2023 - 31 Aug 2023
0.40%
30 Jun 2023 - 31 Jul 2023
0.40%
31 May 2023 - 30 Jun 2023
0.40%
30 Apr 2023 - 31 May 2023
0.40%
31 Mar 2023 - 30 Apr 2023
0.40%
28 Feb 2023 - 31 Mar 2023
0.40%
31 Jan 2023 - 28 Feb 2023
0.40%
31 Dec 2022 - 31 Jan 2023
0.40%
30 Nov 2022 - 31 Dec 2022
0.40%
30 Nov 2022 - 30 Nov 2022
0.40%
30 Nov 2022 - 30 Nov 2022
0.40%
30 Nov 2022 - 30 Nov 2022
0.40%
31 Oct 2022 - 30 Nov 2022
0.40%
31 Oct 2022 - 31 Oct 2022
0.40%
31 Oct 2022 - 31 Oct 2022
0.40%
30 Sep 2022 - 31 Oct 2022
0.40%
30 Sep 2022 - 30 Sep 2022
0.40%
30 Sep 2022 - 30 Sep 2022
0.40%
31 Aug 2022 - 30 Sep 2022
0.39%
31 Aug 2022 - 31 Aug 2022
0.39%
31 Jul 2022 - 31 Aug 2022
0.40%
31 Jul 2022 - 31 Jul 2022
0.40%
30 Jun 2022 - 31 Jul 2022
0.40%
30 Jun 2022 - 30 Jun 2022
0.40%
31 May 2022 - 30 Jun 2022
0.40%
31 May 2022 - 31 May 2022
0.40%
30 Apr 2022 - 31 May 2022
0.40%
30 Apr 2022 - 30 Apr 2022
0.40%
31 Mar 2022 - 30 Apr 2022
0.40%
31 Mar 2022 - 31 Mar 2022
0.40%
28 Feb 2022 - 31 Mar 2022
0.40%
28 Feb 2022 - 28 Feb 2022
0.40%
31 Jan 2022 - 28 Feb 2022
0.38%
31 Jan 2022 - 31 Jan 2022
0.38%
31 Dec 2021 - 31 Jan 2022
0.38%
30 Nov 2021 - 31 Dec 2021
0.38%
31 Oct 2021 - 30 Nov 2021
0.38%
30 Sep 2021 - 31 Oct 2021
0.38%
31 Aug 2021 - 30 Sep 2021
0.38%
31 Jul 2021 - 31 Aug 2021
0.38%
30 Jun 2021 - 31 Jul 2021
0.38%
31 May 2021 - 30 Jun 2021
0.38%
30 Apr 2021 - 31 May 2021
0.38%
31 Mar 2021 - 30 Apr 2021
0.38%
28 Feb 2021 - 31 Mar 2021
0.38%
31 Jan 2021 - 28 Feb 2021
0.38%
31 Dec 2020 - 31 Jan 2021
0.38%
30 Nov 2020 - 31 Dec 2020
0.38%
31 Oct 2020 - 30 Nov 2020
0.38%
30 Sep 2020 - 31 Oct 2020
0.58%
31 Aug 2020 - 30 Sep 2020
0.38%
31 Jul 2020 - 31 Aug 2020
0.38%
30 Jun 2020 - 31 Jul 2020
0.58%
31 May 2020 - 30 Jun 2020
0.83%
30 Apr 2020 - 31 May 2020
0.83%
31 Mar 2020 - 30 Apr 2020
0.75%
29 Feb 2020 - 31 Mar 2020
0.93%
31 Jan 2020 - 29 Feb 2020
0.79%
31 Dec 2019 - 31 Jan 2020
0.74%
30 Nov 2019 - 31 Dec 2019
0.65%
31 Oct 2019 - 30 Nov 2019
0.65%
30 Sep 2019 - 31 Oct 2019
0.65%
31 Aug 2019 - 30 Sep 2019
0.65%
31 Jul 2019 - 31 Aug 2019
0.65%
30 Jun 2019 - 31 Jul 2019
0.65%
31 May 2019 - 30 Jun 2019
0.65%
30 Apr 2019 - 31 May 2019
0.52%
31 Mar 2019 - 30 Apr 2019
0.72%
28 Feb 2019 - 31 Mar 2019
0.72%
31 Jan 2019 - 28 Feb 2019
0.72%
31 Dec 2018 - 31 Jan 2019
0.71%
30 Nov 2018 - 31 Dec 2018
0.71%
31 Oct 2018 - 30 Nov 2018
0.71%
30 Sep 2018 - 31 Oct 2018
1.51%
31 Aug 2018 - 30 Sep 2018
1.50%
31 Jul 2018 - 31 Aug 2018
1.78%
30 Jun 2018 - 31 Jul 2018
1.78%
31 May 2018 - 30 Jun 2018
1.51%
30 Apr 2018 - 31 May 2018
1.51%
31 Mar 2018 - 30 Apr 2018
1.51%
28 Feb 2018 - 31 Mar 2018
1.51%
31 Jan 2018 - 28 Feb 2018
1.51%
31 Dec 2017 - 31 Jan 2018
1.42%
30 Nov 2017 - 31 Dec 2017
1.41%
31 Oct 2017 - 30 Nov 2017
1.40%
Expense ratio, exit load and taxExpense ratio: 0.39%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementAditya Mulki
Mar 2022 - Present
View details
Education
Mr. Mulki is a CFA and B.COM
Experience
Prior to joining Navi Mutual Fund, he has worked for close to 6 years at Quantum Advisor Ltd as an Equity Research Analyst.
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Ashutosh Shirwaikar
Aug 2023 - Present
View details
Also manages these schemes
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Navi Flexi Cap Fund Regular Growth
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Navi Flexi Cap Fund Direct IDCW Yearly
Fund house & investment objective
Navi Mutual Fund
Rank (total assets)#36 in India
Total AUM₹3,683.88Cr
Date of Incorporation04 Dec 2009
 Navi ELSS Tax Saver Fund Direct IDCW is a Equity Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 04 Dec 2009. Viral Belawala is the Current Fund Manager of Navi ELSS Tax Saver Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹3,684 Cr and the Latest NAV as of 25 Sep 2023 is ₹26.50.
The Navi ELSS Tax Saver Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500.
;
Investment ObjectiveThe Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
7th Floor, Wing B, Prestige RMZ Startech,No. 139, 2, Hosur RdKoramangala Industrial Layout, S.G. Palya. Bangalore 560095
Phone
+91 80 4511 3444 / 1800-103-8999
Launch Date
04 Dec 2009
E-mail
[email protected]
Website
www.navimutualfund.com
Navi Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Navi ELSS Tax Saver Fund Direct IDCW
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	19.1%	22.3%	13.6%	13.6%
Category average	16.8%	24.0%	14.1%	NA
Rank with in category	28	28	22	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	6.3%
Infosys Ltd.	Technology	Equity	5.9%
ICICI Bank Ltd.	Financial	Equity	5.3%
Reliance Industries Ltd.	Energy	Equity	5.0%
Axis Bank Ltd.	Financial	Equity	4.4%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	3.7%
Polycab India Ltd.	Capital Goods	Equity	3.1%
UNO Minda Ltd.	Automobile	Equity	2.9%
Tata Motors Ltd.	Automobile	Equity	2.8%
Fusion Micro Finance Ltd.	Financial	Equity	2.6%

Rank (total assets)	#36 in India
Total AUM	₹3,683.88Cr

Date of Incorporation	04 Dec 2009

Fund benchmark	NIFTY 500 Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	NA
Fund size	₹60.95Cr

Navi ELSS Tax Saver Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (46)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.39%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Aditya MulkiMar 2022 - PresentView details

Ashutosh ShirwaikarAug 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Aditya Mulki
Mar 2022 - Present
View details

Ashutosh Shirwaikar
Aug 2023 - Present
View details