Fund Details
Nippon India Tax Saver (ELSS) Fund IDCW Yearly
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.88% |
| NAV | ₹13.57 (23 Jul 2021) |
|---|---|
| Fund Started | 11 Feb 2015 |
| Fund Size | ₹11,672 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
1. Higher expense ratio - 1.88%
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
4. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.6% |
| HDFC Bank Ltd. | Financial | Equity | 9.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.4% |
| Reliance Industries Ltd. | Energy | Equity | 5.8% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.9% |
| Axis Bank Ltd. | Financial | Equity | 3.6% |
| State Bank of India | Financial | Equity | 3.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.4% |
| Linde India Ltd. | Chemicals | Equity | 3.2% |
| Bharti Airtel Ltd. | Communication | Equity | 3.2% |
Fund Managers
Nippon India Tax Saver (ELSS) Fund IDCW Yearly Details
Nippon India Tax Saver (ELSS) Fund IDCW Yearly is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 11 Feb 2015. Ashwani Kumar is the Current Fund Manager of Nippon India Tax Saver (ELSS) Fund IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹11,672 Cr and the Latest NAV as of 23 Jul 2021 is ₹13.57.
The Nippon India Tax Saver (ELSS) Fund IDCW Yearly is rated Very 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%.
