| Launch date | 14 Feb 2023 |
| Allotment date | 20 Mar 2023 |
| End date | 15 Mar 2023 |
| NAV | ₹10.00 |
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.
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.
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.
A form of tax payable for the purchase or sale of an asset or security.
Inclusive of GST
Nil
0.005% (from July 1st, 2020)
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.
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
| Rank (total assets) | #36 in India |
|---|---|
| Total AUM | ₹9,103.70Cr |
| Date of Incorporation | 04 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. ;
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 benchmark | NIFTY 50 Total Return Index |
|---|
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Motilal Oswal ELSS Tax Saver Fund Direct Growth | 5 | 4.0% | 21.9% | 4,174.50 |
SBI ELSS Tax Saver Fund Direct Growth | 5 | -1.6% | 20.3% | 32,171.48 |
WhiteOak Capital ELSS Tax Saver Fund Direct Growth | 5 | -0.7% | 18.9% | 438.21 |
HDFC ELSS Tax Saver Fund Direct Plan Growth | 5 | -1.7% | 17.5% | 16,618.14 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | -3.9% | 13.9% | 5,720.71 |