1M
6M
1Y
3Y
5Y
All
| NAV: 30 Jul 2021 | ₹74.89 |
|---|---|
| Min. SIP Amount | ₹500 |
| Rating | 1star |
|---|---|
| Fund Size | ₹11,671.52 Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 62.7% | 8.0% | 8.7% | 13.7% |
| Category average | 54.9% | 14.2% | 14.3% | NA |
| Rank with in category | 9 | 35 | 33 | NA |
Understand termsinfo
Holdings (61)
| 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% |
See All
Pros and cons
Category: Equity ELSS
Pros
- 1Y Returns are higher than the category average returns
- Exit load is zero
Cons
- 3Y Returns are lower than the category average returns
- 5Y Returns are lower than the category average returns
Understand terms
Expense ratio
A 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.
Tax
A 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 load
A 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 duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 1.19%
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
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Ashwani Kumar
Jan 2013 - Present
View Details
Education
Mr. Kumar is a B.Sc and MBA in Finance.
Experience
Prior to joining Reliance Mutual Fund he has worked with Zurich Asset Management Co. Ltd.
Also manages these schemes
Sanjay Parekh
Jul 2020 - Present
View Details
Education
Mr. Parekh is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Nippon India Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.
Also manages these schemes
Rupesh Patel
Jul 2021 - Present
View Details
Education
Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Tata Asset Management Limited, Indiareit Fund Advisors Pvt. Ltd. and Credit Analysis & Research Ltd.
Also manages these schemes
Ashutosh Bhargava
Jul 2020 - Present
View Details
Education
Mr. Bhargava is B.Com & MBA (Finance)
Experience
Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #6 in India |
|---|---|
| Total AUM | 2,30,092.13 Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Tax Saver (ELSS) Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available t
Nippon India Tax Saver (ELSS) Fund Direct Growth is a Equity Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Ashwani Kumar is the Current Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,30,092 Cr and the Latest NAV as of 30 Jul 2021 is ₹74.89.
The Nippon India Tax Saver (ELSS) Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
...Read more
Investment Objective
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
...Read more
| Fund benchmark | S&P BSE 100 TRI |
|---|
Fund house contact details
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
E-mail
[email protected]Website
NA
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Nippon India Tax Saver (ELSS) Fund Direct Growth
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