How to Invest in NJ ELSS Tax Saver Scheme Direct Growth?

You can easily invest in NJ ELSS Tax Saver Scheme Direct Growth 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 NJ ELSS Tax Saver Scheme Direct Growth 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 NJ ELSS Tax Saver Scheme Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does NJ ELSS Tax Saver Scheme Direct Growth provide?

The NJ ELSS Tax Saver Scheme Direct Growth has been there from 16 Jun 2023 and the average annual returns provided by this fund is NA% since its inception.

How much expense ratio is charged by NJ ELSS Tax Saver Scheme Direct Growth?

The term Expense Ratio used for NJ ELSS Tax Saver Scheme Direct Growth 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 NJ ELSS Tax Saver Scheme Direct Growth is 0.48% as of 02 May 2024...

What is the AUM of NJ ELSS Tax Saver Scheme Direct Growth?

The AUM, short for Assets Under Management of NJ ELSS Tax Saver Scheme Direct Growth is ₹183.98Cr as of 02 May 2024.

How to Redeem NJ ELSS Tax Saver Scheme Direct Growth?

If you want to sell your NJ ELSS Tax Saver Scheme Direct Growth 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 NJ ELSS Tax Saver Scheme Direct Growth?

You can select either SIP or Lumpsum investment of NJ ELSS Tax Saver Scheme Direct Growth based on your investment objective and risk tolerance.

What is the NAV of NJ ELSS Tax Saver Scheme Direct Growth?

The NAV of NJ ELSS Tax Saver Scheme Direct Growth is ₹13.62 as of 30 Apr 2024.

What is the PE and PB ratio of NJ ELSS Tax Saver Scheme Direct Growth?

The PE ratio ratio of NJ ELSS Tax Saver Scheme Direct Growth 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).

NJ ELSS Tax Saver Scheme Direct Growth - NAV, Mutual Fund Performance & Portfolio

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NJ ELSS Tax Saver Scheme Direct Growth
Equity
ELSS
Very High Risk
3Y Lock In
1M
6M
All
 NAV: 30 Apr 2024₹13.62
Min. SIP amount₹500
RatingNA
Fund size₹183.98Cr
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
Absolute returns
1M3M6MAll
Fund returns1.9%3.3%26.6%36.6%
Category averageNANANANA
Rank with in categoryNA3921NA
Understand terms
Holdings (25)NameSectorInstrumentAssets
Bajaj Auto Ltd.
AutomobileEquity5.81%
Hindustan Aeronautics Ltd.
Capital GoodsEquity5.55%
Bharat Electronics Ltd.
Capital GoodsEquity4.69%
Nippon Life India Asset Management Ltd.
FinancialEquity4.62%
HDFC Asset Management Company Ltd.
FinancialEquity4.56%
Power Grid Corporation Of India Ltd.
EnergyEquity4.46%
Sonata Software Ltd.
TechnologyEquity4.39%
Colgate-Palmolive (India) Ltd.
Consumer StaplesEquity4.35%
Mahanagar Gas Ltd.
EnergyEquity4.26%
Crisil Ltd.
ServicesEquity4.15%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Groww Invest Tech Pvt. Ltd. (Formerly known as 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
Lock-in period: 3Y
Lower expense ratio: 0.48%
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
25 Apr 2024 - Present
0.48%
24 Apr 2024 - 25 Apr 2024
0.48%
23 Apr 2024 - 24 Apr 2024
0.48%
22 Apr 2024 - 23 Apr 2024
0.48%
19 Apr 2024 - 22 Apr 2024
0.48%
18 Apr 2024 - 19 Apr 2024
0.48%
16 Apr 2024 - 18 Apr 2024
0.48%
15 Apr 2024 - 16 Apr 2024
0.48%
12 Apr 2024 - 15 Apr 2024
0.48%
10 Apr 2024 - 12 Apr 2024
0.48%
09 Apr 2024 - 10 Apr 2024
0.48%
08 Apr 2024 - 09 Apr 2024
0.48%
05 Apr 2024 - 08 Apr 2024
0.48%
04 Apr 2024 - 05 Apr 2024
0.48%
03 Apr 2024 - 04 Apr 2024
0.48%
02 Apr 2024 - 03 Apr 2024
0.48%
01 Apr 2024 - 02 Apr 2024
0.48%
31 Mar 2024 - 01 Apr 2024
0.50%
28 Mar 2024 - 31 Mar 2024
0.50%
27 Mar 2024 - 28 Mar 2024
0.50%
26 Mar 2024 - 27 Mar 2024
0.50%
22 Mar 2024 - 26 Mar 2024
0.50%
21 Mar 2024 - 22 Mar 2024
0.50%
20 Mar 2024 - 21 Mar 2024
0.50%
19 Mar 2024 - 20 Mar 2024
0.50%
18 Mar 2024 - 19 Mar 2024
0.50%
15 Mar 2024 - 18 Mar 2024
0.50%
14 Mar 2024 - 15 Mar 2024
0.50%
13 Mar 2024 - 14 Mar 2024
0.50%
12 Mar 2024 - 13 Mar 2024
0.50%
11 Mar 2024 - 12 Mar 2024
0.50%
07 Mar 2024 - 11 Mar 2024
0.50%
06 Mar 2024 - 07 Mar 2024
0.50%
05 Mar 2024 - 06 Mar 2024
0.50%
04 Mar 2024 - 05 Mar 2024
0.50%
01 Mar 2024 - 04 Mar 2024
0.50%
29 Feb 2024 - 01 Mar 2024
0.50%
28 Feb 2024 - 29 Feb 2024
0.50%
27 Feb 2024 - 28 Feb 2024
0.50%
26 Feb 2024 - 27 Feb 2024
0.50%
23 Feb 2024 - 26 Feb 2024
0.50%
22 Feb 2024 - 23 Feb 2024
0.50%
21 Feb 2024 - 22 Feb 2024
0.50%
20 Feb 2024 - 21 Feb 2024
0.50%
19 Feb 2024 - 20 Feb 2024
0.50%
16 Feb 2024 - 19 Feb 2024
0.50%
15 Feb 2024 - 16 Feb 2024
0.50%
14 Feb 2024 - 15 Feb 2024
0.50%
13 Feb 2024 - 14 Feb 2024
0.50%
12 Feb 2024 - 13 Feb 2024
0.50%
09 Feb 2024 - 12 Feb 2024
0.50%
08 Feb 2024 - 09 Feb 2024
0.50%
07 Feb 2024 - 08 Feb 2024
0.50%
06 Feb 2024 - 07 Feb 2024
0.50%
05 Feb 2024 - 06 Feb 2024
0.50%
02 Feb 2024 - 05 Feb 2024
0.50%
01 Feb 2024 - 02 Feb 2024
0.50%
31 Jan 2024 - 01 Feb 2024
0.50%
30 Jan 2024 - 31 Jan 2024
0.50%
29 Jan 2024 - 30 Jan 2024
0.50%
25 Jan 2024 - 29 Jan 2024
0.50%
24 Jan 2024 - 25 Jan 2024
0.50%
23 Jan 2024 - 24 Jan 2024
0.50%
19 Jan 2024 - 23 Jan 2024
0.50%
18 Jan 2024 - 19 Jan 2024
0.50%
17 Jan 2024 - 18 Jan 2024
0.50%
16 Jan 2024 - 17 Jan 2024
0.50%
15 Jan 2024 - 16 Jan 2024
0.50%
12 Jan 2024 - 15 Jan 2024
0.50%
11 Jan 2024 - 12 Jan 2024
0.50%
10 Jan 2024 - 11 Jan 2024
0.50%
09 Jan 2024 - 10 Jan 2024
0.50%
08 Jan 2024 - 09 Jan 2024
0.50%
05 Jan 2024 - 08 Jan 2024
0.50%
04 Jan 2024 - 05 Jan 2024
0.50%
03 Jan 2024 - 04 Jan 2024
0.50%
02 Jan 2024 - 03 Jan 2024
0.50%
01 Jan 2024 - 02 Jan 2024
0.50%
31 Dec 2023 - 01 Jan 2024
0.50%
29 Dec 2023 - 31 Dec 2023
0.50%
28 Dec 2023 - 29 Dec 2023
0.50%
27 Dec 2023 - 28 Dec 2023
0.50%
26 Dec 2023 - 27 Dec 2023
0.50%
22 Dec 2023 - 26 Dec 2023
0.50%
21 Dec 2023 - 22 Dec 2023
0.50%
20 Dec 2023 - 21 Dec 2023
0.50%
19 Dec 2023 - 20 Dec 2023
0.50%
18 Dec 2023 - 19 Dec 2023
0.50%
15 Dec 2023 - 18 Dec 2023
0.50%
14 Dec 2023 - 15 Dec 2023
0.50%
13 Dec 2023 - 14 Dec 2023
0.50%
12 Dec 2023 - 13 Dec 2023
0.50%
11 Dec 2023 - 12 Dec 2023
0.50%
08 Dec 2023 - 11 Dec 2023
0.50%
07 Dec 2023 - 08 Dec 2023
0.50%
06 Dec 2023 - 07 Dec 2023
0.50%
05 Dec 2023 - 06 Dec 2023
0.50%
04 Dec 2023 - 05 Dec 2023
0.50%
01 Dec 2023 - 04 Dec 2023
0.50%
30 Nov 2023 - 01 Dec 2023
0.50%
29 Nov 2023 - 30 Nov 2023
0.50%
28 Nov 2023 - 29 Nov 2023
0.50%
24 Nov 2023 - 28 Nov 2023
0.50%
23 Nov 2023 - 24 Nov 2023
0.50%
22 Nov 2023 - 23 Nov 2023
0.50%
21 Nov 2023 - 22 Nov 2023
0.50%
20 Nov 2023 - 21 Nov 2023
0.50%
17 Nov 2023 - 20 Nov 2023
0.50%
16 Nov 2023 - 17 Nov 2023
0.50%
15 Nov 2023 - 16 Nov 2023
0.50%
13 Nov 2023 - 15 Nov 2023
0.50%
10 Nov 2023 - 13 Nov 2023
0.50%
09 Nov 2023 - 10 Nov 2023
0.50%
08 Nov 2023 - 09 Nov 2023
0.50%
07 Nov 2023 - 08 Nov 2023
0.50%
06 Nov 2023 - 07 Nov 2023
0.50%
03 Nov 2023 - 06 Nov 2023
0.50%
02 Nov 2023 - 03 Nov 2023
0.50%
01 Nov 2023 - 02 Nov 2023
0.50%
31 Oct 2023 - 01 Nov 2023
0.61%
30 Oct 2023 - 31 Oct 2023
0.61%
27 Oct 2023 - 30 Oct 2023
0.61%
26 Oct 2023 - 27 Oct 2023
0.61%
25 Oct 2023 - 26 Oct 2023
0.61%
23 Oct 2023 - 25 Oct 2023
0.61%
20 Oct 2023 - 23 Oct 2023
0.61%
19 Oct 2023 - 20 Oct 2023
0.61%
18 Oct 2023 - 19 Oct 2023
0.61%
17 Oct 2023 - 18 Oct 2023
0.61%
16 Oct 2023 - 17 Oct 2023
0.61%
13 Oct 2023 - 16 Oct 2023
0.61%
12 Oct 2023 - 13 Oct 2023
0.61%
11 Oct 2023 - 12 Oct 2023
0.61%
10 Oct 2023 - 11 Oct 2023
0.61%
09 Oct 2023 - 10 Oct 2023
0.61%
06 Oct 2023 - 09 Oct 2023
0.61%
05 Oct 2023 - 06 Oct 2023
0.61%
04 Oct 2023 - 05 Oct 2023
0.61%
03 Oct 2023 - 04 Oct 2023
0.61%
30 Sep 2023 - 03 Oct 2023
0.61%
29 Sep 2023 - 30 Sep 2023
0.61%
27 Sep 2023 - 29 Sep 2023
0.61%
26 Sep 2023 - 27 Sep 2023
0.61%
25 Sep 2023 - 26 Sep 2023
0.61%
22 Sep 2023 - 25 Sep 2023
0.61%
21 Sep 2023 - 22 Sep 2023
0.61%
20 Sep 2023 - 21 Sep 2023
0.61%
18 Sep 2023 - 20 Sep 2023
0.61%
15 Sep 2023 - 18 Sep 2023
0.61%
14 Sep 2023 - 15 Sep 2023
0.61%
13 Sep 2023 - 14 Sep 2023
0.61%
12 Sep 2023 - 13 Sep 2023
0.61%
11 Sep 2023 - 12 Sep 2023
0.61%
08 Sep 2023 - 11 Sep 2023
0.61%
07 Sep 2023 - 08 Sep 2023
0.61%
06 Sep 2023 - 07 Sep 2023
0.61%
05 Sep 2023 - 06 Sep 2023
0.61%
04 Sep 2023 - 05 Sep 2023
0.61%
01 Sep 2023 - 04 Sep 2023
0.61%
31 Aug 2023 - 01 Sep 2023
0.61%
31 Jul 2023 - 31 Aug 2023
0.61%
30 Jun 2023 - 31 Jul 2023
0.61%
Expense ratio, exit load and taxExpense ratio: 0.48%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 investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementDhaval 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
Axis Strategic Bond Fund Direct Growth
Axis Credit Risk Fund Direct Growth
NJ Balanced Advantage Fund Direct Growth
NJ Arbitrage Fund Direct Growth
NJ Overnight Fund Direct Growth
NJ ELSS Tax Saver Scheme Direct Growth
NJ Flexi Cap Fund Direct Growth
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
NJ Balanced Advantage Fund Direct Growth
NJ Arbitrage Fund Direct Growth
NJ Overnight Fund Direct Growth
NJ ELSS Tax Saver Scheme Direct Growth
Fund house & investment objective
NJ Mutual Fund
Rank (total assets)NA
Total AUM₹5,743.71Cr
Date of Incorporation20 Apr 2021
 NJ ELSS Tax Saver Scheme Direct Growth is a Equity Mutual Fund Scheme launched by NJ Mutual Fund. This scheme was made available to investors on 20 Apr 2021. Dhaval Patel is the Current Fund Manager of NJ ELSS Tax Saver Scheme Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,744 Cr and the Latest NAV as of 30 Apr 2024 is ₹13.62.
The NJ ELSS Tax Saver Scheme Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500.
;
Investment ObjectiveThe Scheme seeks to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
;
Fund benchmarkNIFTY 500 Total Return Index
Scheme Information Document(SID)
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
Website
njmutualfund.com
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
NJ ELSS Tax Saver Scheme Direct Growth
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Add mutual fund to compare

	1M	3M	6M	All
Fund returns	1.9%	3.3%	26.6%	36.6%
Category average	NA	NA	NA	NA
Rank with in category	NA	39	21	NA

Name	Sector	Instrument	Assets
Bajaj Auto Ltd.	Automobile	Equity	5.81%
Hindustan Aeronautics Ltd.	Capital Goods	Equity	5.55%
Bharat Electronics Ltd.	Capital Goods	Equity	4.69%
Nippon Life India Asset Management Ltd.	Financial	Equity	4.62%
HDFC Asset Management Company Ltd.	Financial	Equity	4.56%
Power Grid Corporation Of India Ltd.	Energy	Equity	4.46%
Sonata Software Ltd.	Technology	Equity	4.39%
Colgate-Palmolive (India) Ltd.	Consumer Staples	Equity	4.35%
Mahanagar Gas Ltd.	Energy	Equity	4.26%
Crisil Ltd.	Services	Equity	4.15%

Rank (total assets)	NA
Total AUM	₹5,743.71Cr

Date of Incorporation	20 Apr 2021

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	₹500
Min. for 2nd investment onwards	₹500

Rating	NA
Fund size	₹183.98Cr

NJ ELSS Tax Saver Scheme Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (25)

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: 0.48%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Dhaval PatelJun 2023 - PresentView details

Viral ShahMar 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Dhaval Patel
Jun 2023 - Present
View details

Viral Shah
Mar 2023 - Present
View details