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Navi ELSS Tax Saver Fund Direct IDCW

Equity
ELSS
Very High Risk
3Y Lock In
9.05%
3Y annualised
-0.25% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Jul 2022₹19.92
Min. SIP amount₹500
Rating2
Fund size₹57.45Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-0.3%9.1%8.3%11.4%
Category average54.9%14.2%14.3%NA
Rank with in category252927NA
Understand terms

Holdings (48)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity9.4%
Reliance Industries Ltd.EnergyEquity7.9%
HDFC Bank Ltd.FinancialEquity5.4%
Infosys Ltd.TechnologyEquity4.7%
Axis Bank Ltd.FinancialEquity4.2%
Tata Motors Ltd.AutomobileEquity3.6%
Wipro Ltd.TechnologyEquity3.4%
Sun Pharmaceutical Industries Ltd.HealthcareEquity3.2%
Tata Consultancy Services Ltd.TechnologyEquity3.1%
Jubilant FoodWorks Ltd.ServicesEquity2.7%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lower AUM: 57Cr. Funds with lower AUM tend to have higher expense ratio
Lower expense ratio: 0.4%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Low rating: 2

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Aditya 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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Peerless Mansion, 3rd Floor,1 Chowringhee Square, Kolkata 700069
Phone
033-40185000 / 1800-103-8999
Launch Date
04 Dec 2009
Website
NA
Amc Image
Navi Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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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 -0.33% 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 03 Jul 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 ₹57.45Cr as of 03 Jul 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?

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 ₹19.92 as of 01 Jul 2022.

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).

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