Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Tax Saver (ELSS) Fund Growth
shareSHARE

Nippon India Tax Saver (ELSS) Fund Growth+0.11%

62.55%
1 Year Return
Equity
ELSS
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Tax Saver (ELSS) Fund Growth

RiskVery High
Min SIP Amount₹500
Expense Ratio2.01%
NAV₹62.28 (16 Apr 2021)
Fund Started21 Sep 2005
Fund Size11,219 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
62.5%
1.0%
7.3%
10.3%
Category Average
59.7%
8.8%
13.3%
-
Rank Within Category
11
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 62.5% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Exit load is zero
Cons
1. Higher expense ratio - 2.01%
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Infosys Ltd.TechnologyEquity9.8%
HDFC Bank Ltd.FinancialEquity9.3%
ICICI Bank Ltd.FinancialEquity6.1%
Reliance Industries Ltd.EnergyEquity4.8%
Linde India Ltd.ChemicalsEquity4.5%
State Bank of IndiaFinancialEquity3.7%
Larsen & Toubro Ltd.ConstructionEquity3.6%
Housing Development Finance Corpn. Ltd.FinancialEquity3.4%
Bharti Airtel Ltd.CommunicationEquity3.1%
Axis Bank Ltd.FinancialEquity3.0%
See All

Fund Managers

Sanjay Parekh
keyboard_arrow_down

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 ₹11,219 Cr and the Latest NAV as of 16 Apr 2021 is ₹62.28.

The Nippon India Tax Saver (ELSS) Fund Growth 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%.

Scheme Information Document(SID)

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

Compare Funds

Nippon India Tax Saver (ELSS) Fund Growth
VS
search

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,
Loading...
Similar Funds
ⓒ 2016-2021 Groww. All rights reserved, Built with in India