Nippon India Tax Saver (ELSS) Fund Dividend-0.01%

-16.01%
1 Year Return
Equity
ELSS
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Tax Saver (ELSS) Fund Dividend

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.06%
NAV15.19 (30 Oct 2020)
Fund Started21 Sep 2005
Fund Size8,783 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Tax Saver (ELSS) Fund Dividend
-16.0%
-11.2%
0.6%
10.6%
Category Average
-1.2%
1.1%
7.3%
-
Rank within category
38
34
30
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -16.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Exit load is zero
    3. Age is more than 10 years
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark
    7. 10Y Returns are lower than the benchmark
    8. Risk-adjusted returns are lower compared to the category
    9. Higher expense ratio - 2.06%
    10. 1Y Returns are lower than the category average returns
    11. 3Y Returns are lower than the category average returns
    12. 5Y Returns are lower than the category average returns
    13. 10Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity9.9%
    HDFC Bank Ltd.FinancialEquity8.9%
    Infosys Ltd.TechnologyEquity7.8%
    ICICI Bank Ltd.FinancialEquity6.3%
    Housing Development Finance Corpn. Ltd.FinancialEquity5.2%
    Bharti Airtel Ltd.CommunicationEquity3.6%
    Larsen & Toubro Ltd.ConstructionEquity3.3%
    Hindustan Petroleum Corpn. Ltd.EnergyEquity2.7%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.7%
    State Bank of IndiaFinancialEquity2.6%
    See All

    Fund Managers

    addSanjay Parekh
    Education
    Mr. Parekh is a B.Com (H) and Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.
    Funds Managed

    Nippon India Tax Saver (ELSS) Fund Dividend Details

    Nippon India Tax Saver (ELSS) Fund Dividend is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 21 Sep 2005. Ashwani Kumar is the Current Fund Manager of Nippon India Tax Saver (ELSS) Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹8,783 Cr and the Latest NAV as of 30 Oct 2020 is ₹15.19.

    The Nippon India Tax Saver (ELSS) Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Nippon India Mutual Fund

    Address
    Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
    Phone
    022-33031000/30301111
    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,
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