Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth

Launch date14 Feb 2023
Allotment date20 Mar 2023
End date15 Mar 2023
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.21%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

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Minimum investment amounts

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

Fund house & investment objective

Rank (total assets)#36 in India
Total AUM₹9,103.70Cr
Date of Incorporation04 Dec 2009

Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Navi Mutual Fund. This scheme was made available to investors on 04 Dec 2009. Ashutosh Shirwaikar is the Current Fund Manager of Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,104 Cr and the Latest NAV as of 02 Apr 2026 is ₹13.73. The Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The Scheme seeks to invest in companies whose securities are included in Nifty 50 Index (the Index) and to endeavour to achieve the returns of the index, though subject to tracking error. ;

Fund benchmarkNIFTY 50 Total Return Index

Fund house contact details

Address
7th Floor, Wing B, Prestige RMZ Startech, No. 139, 2, Hosur RdKoramangala Industrial Layout, S.G. Palya. Bangalore 560095
Phone
+91 80 4511 3444 / 1800-103-8999
Launch Date
04 Dec 2009

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