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Nippon India Tax Saver (ELSS) Fund Growth-1.06%

1.39%
1 Year Return
Equity
ELSS
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Tax Saver (ELSS) Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.73%
NAV₹58.06 (15 Jan 2021)
Fund Started21 Sep 2005
Fund Size10,564 Cr

Fund Overview

Quick overview of Nippon India Tax Saver (ELSS) Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
1.4%
-6.0%
7.0%
10.4%
Category Average
18.1%
6.1%
13.5%
-
Rank Within Category
38
35
33
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 1.4% returns per annum

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
HDFC Bank Ltd.FinancialEquity10.0%
Reliance Industries Ltd.EnergyEquity7.6%
Infosys Ltd.TechnologyEquity7.0%
ICICI Bank Ltd.FinancialEquity6.5%
Housing Development Finance Corpn. Ltd.FinancialEquity3.8%
State Bank of IndiaFinancialEquity3.7%
Bharti Airtel Ltd.CommunicationEquity3.5%
Larsen & Toubro Ltd.ConstructionEquity2.8%
Hindustan Petroleum Corpn. Ltd.EnergyEquity2.7%
Linde India Ltd.ChemicalsEquity2.6%
See All

Fund Managers

Sanjay Parekh
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Nippon India Tax Saver (ELSS) Fund Growth Details

Nippon India Tax Saver (ELSS) Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹10,564 Cr and the Latest NAV as of 15 Jan 2021 is ₹58.06.

The Nippon India Tax Saver (ELSS) Fund Growth 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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