NJ ELSS Tax Saver Scheme Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
1M
6M
All
NAV: 23 Feb 2024₹14.03
Min. SIP amount₹500
RatingNA
Fund size₹165.11Cr

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
Absolute returns
1M3M6MAll
Fund returns3.4%18.5%28.5%38.7%
Category averageNANANANA
Rank with in categoryNA55NA
Understand terms

Holdings (25)

NameSectorInstrumentAssets
FinancialEquity5.19%
Capital GoodsEquity5.04%
AutomobileEquity4.91%
TechnologyEquity4.71%
EnergyEquity4.66%
FinancialEquity4.38%
Capital GoodsEquity4.36%
FinancialEquity4.28%
EnergyEquity4.21%
Consumer StaplesEquity4.15%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lock-in period: 3Y
Lower expense ratio: 0.5%

Expense ratio, exit load and tax

Expense ratio: 0.50%

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

Dhaval Patel
Jun 2023 - Present
View details

Education
Mr. Patel has done IBS from Hyderabad
Experience
Prior to joining NJ Mutual Fund, he has worked with Axis Mutual Fund, Credit Analysis & Research Ltd.
Also manages these schemes

Viral Shah
Mar 2023 - Present
View details

Education
Mr. Shah has done B.E. and MBA (Finance)
Experience
Mr. Shah has started his career with NJ Group and has been Principal Officer for PMS segment with NJ Asset Management for more than 10 years.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra (East), Mumbai 400051
Phone
NA
Launch Date
20 Apr 2021
E-mail
NA
NJ 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,

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