| NAV: 10 Aug 2022 | ₹22.10 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹58.71Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 5.9% | 15.9% | 10.1% | 12.9% |
| Category average | 54.9% | 14.2% | 14.3% | NA |
| Rank with in category | 24 | 31 | 27 | NA |
Holdings (48)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.1% |
| Reliance Industries Ltd. | Energy | Equity | 8.1% |
| HDFC Bank Ltd. | Financial | Equity | 5.8% |
| Infosys Ltd. | Technology | Equity | 4.8% |
| Axis Bank Ltd. | Financial | Equity | 4.0% |
| Tata Motors Ltd. | Automobile | Equity | 3.8% |
| Tata Consultancy Services Ltd. | Technology | Equity | 3.1% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 3.1% |
| Jubilant FoodWorks Ltd. | Services | Equity | 2.8% |
| Ashok Leyland Ltd. | Automobile | Equity | 2.5% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 0.40%
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.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Aditya MulkiMar 2022 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
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 5.87% 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 0.40% as of 10 Aug 2022...
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 ₹58.71Cr as of 10 Aug 2022.
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?
What is the NAV of Navi ELSS Tax Saver Fund Direct IDCW?
The NAV of Navi ELSS Tax Saver Fund Direct IDCW is ₹22.10 as of 10 Aug 2022.
