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Nippon India Tax Saver (ELSS) Fund download report

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Equity: ELSS

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1 Lakh

Investment Grown to
₹ 1.66 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.07 Lakh

Suitability:

"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

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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Trailing Returns (%)

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

Peer Comparison

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
1 star
 Sep-05 10.37 18.50 5.79 1.77 11,741
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Dec-15 6.25 22.69 15.75 1.72 12,615
DSP Tax Saver Fund
4 star
 Jan-07 5.17 20.97 13.30 1.76 9,966
Canara Robeco Equity Tax Saver Fund - Regular Plan  | Invest Online
5 star
 Mar-93 7.02 24.17 16.22 1.92 3,957
IDFC Tax Advantage (ELSS) Fund - Regular Plan  | Invest Online
4 star
 Dec-08 11.25 24.84 13.83 1.97 3,692

Best & Worst Performance

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

Risk Measures (%)

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

Asset Allocation (%)

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Concentration & Valuation

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

Portfolio Aggregates

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

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HDFC Bank Financial 21.06 10.03 0.00 7.82
equal ICICI Bank Financial 22.18 7.67 4.04 7.67
down Infosys Technology 30.03 9.76 0.00 6.34
down Reliance Industries Energy 27.00 10.08 0.00 4.92
equal State Bank of India Financial 13.43 10.12 1.92 4.50
equal Axis Bank Financial 14.72 4.31 0.00 4.14
equal HDFC Financial 19.79 5.34 0.00 3.65
equal Larsen & Toubro Construction 28.32 7.65 2.66 3.08
equal NTPC Energy 9.52 3.72 1.68 2.34
equal Bajaj Finance Financial 52.65 2.33 0.00 2.33
equal Kotak Mahindra Bank Financial 28.47 2.47 0.00 2.31
equal Tata Motors Automobile -- 6.93 0.00 2.14
equal Sun Pharmaceutical Industries Healthcare 56.04 3.51 0.00 2.01
down Linde India Chemicals 75.50 4.54 1.56 1.88
equal SBI Life Insurance Company Insurance 85.96 1.87 0.00 1.87
equal SBI Cards & Payments Services Financial 46.88 1.84 0.00 1.84
equal Hindustan Unilever Consumer Staples 69.49 2.71 0.00 1.70
equal The Indian Hotels Company Services 199.22 1.58 0.00 1.58
down Bharti Airtel Ltd. PPE Communication -- 1.57
equal KSB Capital Goods 37.47 1.69 0.62 1.54
equal Adani Ports and Special Economic Zone Services 38.70 2.10 0.00 1.50
equal Ultratech Cement Materials 26.48 1.58 0.00 1.39
equal PVR Services -- 1.37 0.00 1.37
equal Bata India Consumer Discretionary 85.61 1.36 0.00 1.34
equal Jindal Steel & Power Metals & Mining 5.44 3.18 0.00 1.33

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— 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:

Invest Online
0.54%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 80.0399

IDCW Yearly: ₹ 15.6402

IDCW: ₹ 26.5566

Investment Strategy

The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

Investment Details

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

Basic Details

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%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW10-Jan-20200.1771

 13-Nov-20190.1771
 26-Sep-20180.3542
 26-Jun-20180.5312
 14-Mar-20180.6000
 28-Dec-20170.6000
 29-Sep-20170.6000
 30-Jun-20170.6000
 23-Mar-20170.6000
 23-Dec-20160.4500
 15-Sep-20160.4500
 15-Jun-20160.4500
 11-Mar-20160.4500
 28-Dec-20150.4500
 21-Sep-20150.4500
 29-Jun-20150.4500
 13-Mar-20150.3500
 26-Dec-20141.0000
 22-Sep-20140.4500
 27-Jun-20140.3600
 07-Mar-20140.3000
 26-Dec-20130.3000
 20-Sep-20130.2500
 28-Jun-20130.2500
 15-Mar-20130.7000
IDCW Yearly29-Mar-20190.7969

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

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