1 Lakh
Investment declined to₹ 10000
Monthly SIP Declined toSuitability:
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -20.81 | 0.11 | 1.42 | 2.14 | 16.20 | -21.29 | -7.89 | -10.49 | -1.85 | 12.49 | 7.79 |
| S&P BSE 500 TRI | -5.80 | 0.31 | 1.88 | 4.35 | 22.98 | -7.01 | 5.49 | 2.87 | 6.49 | 13.17 | 8.65 |
| Equity: ELSS | -6.19 | 0.31 | 1.92 | 4.26 | 19.92 | -8.62 | 4.47 | 0.95 | 4.95 | 13.93 | 9.30 |
| Rank within category | 38 | 28 | 30 | 33 | 35 | 38 | 36 | 34 | 30 | 20 | 23 |
| Number of funds in category | 38 | 38 | 38 | 38 | 38 | 38 | 37 | 34 | 30 | 28 | 27 |
As on 07-Aug-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Nippon India Tax Saver (ELSS) Fund | Invest Online |  |
Sep-05 | -7.89 | -10.49 | -1.85 | 1.76 | 8,204 |
| Axis Long Term Equity Fund | Invest Online |  |
Dec-09 | 4.89 | 5.75 | 7.20 | 1.73 | 21,051 |
| Aditya Birla Sun Life Tax Relief 96 | Invest Online |  |
Mar-96 | 8.55 | 2.78 | 6.23 | 1.92 | 10,101 |
| DSP Tax Saver Fund | Invest Online | |
Jan-07 | 3.79 | 1.94 | 6.87 | 1.90 | 6,083 |
| Mirae Asset Tax Saver Fund - Regular Plan | Invest Online | |
Dec-15 | 7.71 | 5.33 | -- | 1.80 | 3,538 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 17.69 (13-May-2009 - 20-May-2009) | -21.43 (15-Jan-2008 - 22-Jan-2008) |
| Month | 30.64 (11-May-2009 - 10-Jun-2009) | -38.57 (20-Feb-2020 - 23-Mar-2020) |
| Quarter | 72.48 (09-Mar-2009 - 10-Jun-2009) | -39.08 (23-Dec-2019 - 23-Mar-2020) |
| Year | 115.40 (09-Mar-2009 - 11-Mar-2010) | -53.63 (12-Dec-2007 - 11-Dec-2008) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -8.06 | 25.17 | -0.53 | -0.65 | 1.10 | -12.76 |
| S&P BSE 500 TRI | 4.74 | 21.74 | -0.02 | -0.03 | -- | -- |
| Equity: ELSS | 2.76 | 21.29 | -0.11 | -0.12 | 0.95 | -2.01 |
| Rank within category | 34 | 34 | 34 | 34 | 33 | 34 |
| Number of funds in category | 34 | 34 | 34 | 34 | 34 | 34 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jul-2020
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| Number of Stocks | 54 |
| Top 10 Stocks (%) | 51.97 |
| Top 5 Stocks (%) | 34.82 |
| Top 3 Sectors (%) | 54.50 |
| Portfolio P/B Ratio | 1.90 |
| Portfolio P/E Ratio | 17.04 |
| Fund | Category | |
|---|---|---|
| Average Mkt Cap (Rs Cr) | 92,150 | 89,760 |
| Giant (%) | 60.32 | 52.59 |
| Large (%) | 10.94 | 15.43 |
| Mid (%) | 16.32 | 23.93 |
| Small (%) | 12.42 | 8.24 |
| Tiny (%) | -- | 0.13 |
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| Company | Sector | P/E | 3Y High | 3Y Low | % Assets | |
|---|---|---|---|---|---|---|
|
HDFC Bank | Financial | 20.14 | 9.15 | 0.00 | 9.15 |
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Reliance Industries | Energy | 34.17 | 8.16 | 0.00 | 8.16 |
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Infosys | Technology | 23.78 | 6.63 | 0.00 | 6.63 |
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ICICI Bank | Financial | 22.79 | 7.15 | 2.01 | 5.84 |
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Bharti Airtel | Communication | -- | 5.04 | 0.00 | 5.04 |
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HDFC | Financial | 14.05 | 4.32 | 0.00 | 4.32 |
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Larsen & Toubro | Construction | 15.34 | 7.65 | 0.00 | 3.68 |
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HPCL | Energy | 8.11 | 3.70 | 0.00 | 3.44 |
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Siemens | Engineering | 53.05 | 3.89 | 1.31 | 2.94 |
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Hero Motocorp | Automobile | 14.85 | 2.85 | 0.00 | 2.77 |
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BPCL | Energy | 29.80 | 4.17 | 0.00 | 2.51 |
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Ashok Leyland | Automobile | 43.55 | 4.11 | 0.00 | 2.32 |
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Linde India | Chemicals | 7.90 | 2.15 | 0.95 | 2.15 |
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State Bank of India | Financial | 7.88 | 10.74 | 1.92 | 1.96 |
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NTPC | Energy | 12.61 | 3.72 | 0.00 | 1.96 |
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Hindustan Unilever | FMCG | 75.78 | 1.95 | 0.00 | 1.95 |
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ITC | FMCG | 16.68 | 4.73 | 0.00 | 1.92 |
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TVS Motor Co. | Automobile | 66.96 | 8.66 | 1.89 | 1.89 |
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Kotak Mahindra Bank | Financial | 31.19 | 1.88 | 0.00 | 1.88 |
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Sun Pharmaceutical Inds. | Healthcare | 174.77 | 2.49 | 0.00 | 1.84 |
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SAIL | Metals | 7.34 | 4.47 | 0.00 | 1.63 |
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Axis Bank | Financial | 72.28 | 2.59 | 0.00 | 1.61 |
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Power Finance Corp. | Financial | 3.17 | 3.83 | 0.00 | 1.57 |
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Vesuvius India | Construction | 21.90 | 2.01 | 1.00 | 1.20 |
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Nestle India | FMCG | 77.68 | 1.20 | 0.00 | 1.20 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2020
— Sanjay Parekh since 01-Jul-2020
Education: Mr. Parekh is a B.Com (H) and Chartered Accountant.
Experience: Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.
Funds Managed:
— Ashutosh Bhargava since 01-Jul-2020
Education: Mr. Bhargava is B.Com & MBA (Finance)
Experience: He had worked with Reliance AMC as deputy investment strategist, investment strategist & Fund Manager. He had also worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd as Economist.
Funds Managed:
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The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
| Minimum Investment (₹) | 500 |
| Minimum Addl Investment (₹) | 500 |
| Minimum SIP Investment (₹) | 500 |
| Minimum No of Cheques | 12 |
| Minimum Withdrawal (₹) | 100 |
| Minimum Balance (₹) | 1 |
| Exit Load | 0 |
| Fund House: | Nippon India Mutual Fund |
| Launch Date: | 21-Sep-2005 |
| Return Since Launch: | 10.47% |
| Benchmark: | S&P BSE 100 TRI |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 8,204 Cr (As on 30-Jun-2020) |
| Expense: | 1.76% (As on 30-Jun-2020) |
| Risk Grade: | High |
| Return Grade: | Low |
| Turnover: | 123.00% |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | 10-Jan-2020 | 0.1771 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Dividend Yearly | 29-Mar-2019 | 0.7969 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AMC: Nippon India Life Asset Management Ltd.
Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055
Phone: 022-68334800 / 18602660111
Fax: 022-33037662
Email: [email protected]
Website: http://www.nipponindiamf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com
Friday, 14-Aug-2020
12:30 PM - 01:00 PM