1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Nippon India Tax Saver (ELSS)-G | 5.12 | 0.54 | 2.68 | 11.18 | 11.39 | 4.91 | 10.37 | 18.50 | 5.79 | 7.90 | 13.91 |
S&P BSE 500 TRI | 4.08 | 0.67 | 2.70 | 11.86 | 11.28 | 5.39 | 10.65 | 21.35 | 13.80 | 13.25 | 15.24 |
Equity: ELSS | 1.18 | 0.55 | 2.51 | 10.67 | 10.81 | 3.45 | 7.11 | 19.54 | 11.87 | 11.59 | 15.39 |
Rank within category | 4 | 15 | 14 | 9 | 14 | 6 | 7 | 19 | 32 | 28 | 23 |
Number of funds in category | 36 | 36 | 36 | 36 | 36 | 36 | 36 | 35 | 32 | 28 | 26 |
As on 17-Aug-2022
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 | 10.37 | 18.50 | 5.79 | 1.77 | 11,741 | |
Mirae Asset Tax Saver Fund - Regular Plan | Invest Online | Dec-15 | 6.25 | 22.69 | 15.75 | 1.72 | 12,615 | |
DSP Tax Saver Fund | Jan-07 | 5.17 | 20.97 | 13.30 | 1.76 | 9,966 | |
Canara Robeco Equity Tax Saver Fund - Regular Plan | Invest Online | Mar-93 | 7.02 | 24.17 | 16.22 | 1.92 | 3,957 | |
IDFC Tax Advantage (ELSS) Fund - Regular Plan | Invest Online | Dec-08 | 11.25 | 24.84 | 13.83 | 1.97 | 3,692 |
Best Performance | Worst Performance | |||
---|---|---|---|---|
Return (%) | Period | Return (%) | 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 | |
---|---|---|---|---|---|---|
Nippon India Tax Saver (ELSS)-G | 17.61 | 25.00 | 0.56 | 0.61 | 1.08 | -3.96 |
S&P BSE 500 TRI | 20.28 | 22.43 | 0.75 | 0.86 | -- | -- |
Equity: ELSS | 18.78 | 21.76 | 0.70 | 0.77 | 0.94 | -0.49 |
Rank within category | 21 | 34 | 30 | 28 | 34 | 30 |
Number of funds in category | 35 | 35 | 35 | 35 | 35 | 35 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jul-2022
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Number of Stocks | 58 |
Top 10 Stocks (%) | 46.79 |
Top 5 Stocks (%) | 31.25 |
Top 3 Sectors (%) | 52.18 |
Portfolio P/B Ratio | 3.11 |
Portfolio P/E Ratio | 20.80 |
Fund | Category | |
---|---|---|
Average Mkt Cap (Rs Cr) | 1,62,026 | 1,45,829 |
Giant (%) | 59.88 | 54.28 |
Large (%) | 15.52 | 17.24 |
Mid (%) | 17.41 | 22.41 |
Small (%) | 7.19 | 6.40 |
Tiny (%) | -- | 0.22 |
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jul-2022
— Rupesh Patel since 01-Jul-2021
Education: Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
Experience: Prior to joining Nippon India Mutual Fund, he has worked with Tata Asset Management Limited, Indiareit Fund Advisors Pvt. Ltd. and Credit Analysis & Research Ltd.
— Ashutosh Bhargava since 01-Jul-2020
Education: Mr. Bhargava is B.Com & MBA (Finance)
Experience: Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
Funds Managed:
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
Min. Investment (₹) | 500 |
Min. Addl Investment (₹) | 500 |
Min. SIP Investment (₹) | 500 |
Min. No of Cheques | 12 |
Min. Withdrawal (₹) | 100 |
Min. Balance (₹) | 1 |
Lock-in Period | 3 Years |
Exit Load | 0 |
Fund House: | Nippon India Mutual Fund |
Launch Date: | 21-Sep-2005 |
Return Since Launch: | 13.08% |
Benchmark: | NIFTY 500 TRI |
Riskometer: | Very High |
Type: | Open-ended |
Assets: | ₹ 11,741 Cr (As on 31-Jul-2022) |
Expense Ratio: | 1.77% (As on 31-Jul-2022) |
Risk Grade: | High |
Return Grade: | Low |
Turnover: | 31.00% |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW | 10-Jan-2020 | 0.1771 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IDCW Yearly | 29-Mar-2019 | 0.7969 |
Interview - 27-Aug-2019
Registrar & Transfer Agent: KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Phone: 040-44857874
Email: [email protected]
Website: www.karvymfs.com