Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Tax Saver (ELSS) Fund Direct IDCW

Nippon India Tax Saver (ELSS) Fund Direct IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock Inlock
16.88%
3Y annualised
-0.39% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 Oct 2021₹33.35
Min. SIP amount₹500
Rating1star
Fund size₹12,466.99 Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns71.5%16.9%9.9%15.0%
Category average54.9%14.2%14.3%NA
Rank with in category43234NA
Understand termsinfo

Holdings (52)

NameSectorInstrumentAssets
FinancialEquity8.6%
TechnologyEquity7.5%
EnergyEquity6.3%
FinancialEquity6.2%
ConstructionEquity4.2%
FinancialEquity3.9%
CommunicationEquity3.9%
State Bank of India
FinancialEquity3.6%
FinancialEquity3.6%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity3.4%
See All

Pros and cons

info
Category: Equity ELSS
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Pros

1Y and 3Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.99%
1Y category rank: 4
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Cons

5Y annualised returns lower than category average by 4.33%
Lock-in period: 3Y
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.99%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Sanjay Parekh
Jul 2020 - Present
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Rupesh Patel
Jul 2021 - Present
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Ashutosh Bhargava
Jul 2020 - Present
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Fund house & investment objective

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Fund house contact details

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