1M
6M
1Y
3Y
5Y
All
| NAV: 14 Nov 2024 | ₹133.97 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹16,711.00Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 32.2% | 15.8% | 18.8% | 15.2% |
| Category average | 35.0% | 15.4% | 19.4% | NA |
| Rank with in category | 16 | 13 | 27 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 42.2% | 21.9% | 28,732.52 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 29.5% | 18.3% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 29.1% | 18.0% | 11,560.66 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 33.5% | 17.1% | 7,241.79 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 24.6% | 14.7% | 7,353.93 |
Holdings (59)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 7.47% |
HDFC Bank Ltd. | Financial | Equity | 6.12% |
Infosys Ltd. | Technology | Equity | 4.60% |
NTPC Ltd. | Energy | Equity | 3.98% |
Axis Bank Ltd. | Financial | Equity | 3.58% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 3.42% |
Larsen & Toubro Ltd. | Construction | Equity | 3.03% |
State Bank of India | Financial | Equity | 2.97% |
Reliance Industries Ltd. | Energy | Equity | 2.83% |
Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue)) | Communication | PPE | 2.58% |
TVS Holdings Ltd. | Automobile | Equity | 2.56% |
Power Finance Corporation Ltd. | Financial | Equity | 2.34% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 1.95% |
Coal India Ltd. | Energy | Equity | 1.91% |
REC Ltd. | Financial | Equity | 1.82% |
Cholamandalam Financial Holdings Ltd. | Financial | Equity | 1.81% |
The Indian Hotels Company Ltd. | Services | Equity | 1.76% |
Avenue Supermarts Ltd. | Services | Equity | 1.74% |
Zomato Ltd. | Services | Equity | 1.64% |
Tata Motors Ltd. | Automobile | Equity | 1.63% |
KSB Ltd. | Capital Goods | Equity | 1.56% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.56% |
ITC Ltd. | Consumer Staples | Equity | 1.55% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.53% |
Tata Power Company Ltd. | Energy | Equity | 1.53% |
United Spirits Ltd. | Consumer Staples | Equity | 1.52% |
Ultratech Cement Ltd. | Construction | Equity | 1.52% |
Interglobe Aviation Ltd. | Services | Equity | 1.43% |
Max Financial Services Ltd. | Financial | Equity | 1.43% |
Linde India Ltd. | Chemicals | Equity | 1.39% |
Radico Khaitan Ltd. | Consumer Staples | Equity | 1.36% |
NLC India Ltd. | Energy | Equity | 1.26% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 1.25% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 1.21% |
Gland Pharma Ltd. | Healthcare | Equity | 1.18% |
United Breweries Ltd. | Consumer Staples | Equity | 1.04% |
Ambuja Cements Ltd. | Construction | Equity | 1.02% |
PVR Inox Ltd. | Services | Equity | 1.00% |
Tata Consumer Products Ltd. | Consumer Staples | Equity | 1.00% |
3M India Ltd. | Diversified | Equity | 0.98% |
UTI Asset Management Company Ltd. | Financial | Equity | 0.95% |
Macrotech Developers Ltd. | Construction | Equity | 0.91% |
BSE Ltd. | Services | Equity | 0.88% |
Healthcare Global Enterprises Ltd. | Healthcare | Equity | 0.88% |
JIO Financial Services Ltd. | Financial | Equity | 0.84% |
Timken India Ltd. | Capital Goods | Equity | 0.78% |
Angel One Ltd. | Financial | Equity | 0.76% |
Indus Towers Ltd. | Communication | Equity | 0.67% |
Union Bank of India | Financial | Equity | 0.66% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.65% |
Automotive Axles Ltd. | Automobile | Equity | 0.65% |
Wheels India Ltd. | Automobile | Equity | 0.60% |
Carborundum Universal Ltd. | Metals & Mining | Equity | 0.54% |
Tatva Chintan Pharma Chem Ltd. | Chemicals | Equity | 0.49% |
Astral Ltd. | Chemicals | Equity | 0.48% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 0.47% |
KNR Constructions Ltd. | Construction | Equity | 0.43% |
Sundaram - Clayton Dcd Ltd. | Financial | Equity | 0.40% |
Voltas Ltd. | Consumer Discretionary | Equity | 0.37% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 1.02%
3Y annualised returns higher than category average by 0.37%
Higher alpha: 2.68
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Cons
1Y, 5Y and 10Y annualised returns lower than category average
Lock-in period: 3Y
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 1.02%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
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
Ritesh RathodAug 2024 - PresentView details
Ritesh Rathod
Aug 2024 - Present
View details
Education
Mr. Rathod has done CFA, FRM and MBA in Finance
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Alchemy Capital and Mutual Fund
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
NA
Launch Date
30 Jun 1995
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Nippon India ELSS Tax Saver Fund Direct Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 5.5.2
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ