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Nippon India Tax Saver (ELSS) Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.24 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.86 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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(₹)
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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
Fund 25.68 -0.09 1.89 2.09 10.86 24.58 58.03 7.30 7.69 9.15 12.48
S&P BSE 500 TRI 19.24 -0.47 0.91 0.61 10.58 18.83 52.99 13.91 14.82 13.26 13.11
Equity: ELSS 20.71 -0.45 1.13 1.91 11.92 20.22 53.17 13.22 13.71 13.48 13.91
Rank within category 6 2 4 14 25 5 7 35 33 29 22
Number of funds in category 38 38 38 38 38 38 38 35 33 29 27

As on 27-Jul-2021

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 58.03 7.30 7.69 1.88 11,672
Axis Long Term Equity Fund
4 star
Dec-09 53.63 14.46 15.61 1.66 30,520
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 62.42 17.81 15.97 1.77 8,963
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 60.44 19.55 20.24 1.69 8,338
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 76.79 15.43 16.47 1.90 3,295

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
Fund 10.91 26.05 0.26 0.29 1.10 -7.44
S&P BSE 500 TRI 17.03 22.78 0.56 0.64 -- --
Equity: ELSS 15.59 22.33 0.51 0.55 0.95 -0.85
Rank within category 33 34 35 35 34 35
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 30-Jun-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 59
Top 10 Stocks (%) 51.88
Top 5 Stocks (%) 34.76
Top 3 Sectors (%) 53.44
Portfolio P/B Ratio 2.69
Portfolio P/E Ratio 22.74

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,73,740 1,20,080
Giant (%) 68.55 52.38
Large (%) 9.35 15.11
Mid (%) 15.58 24.28
Small (%) 6.52 8.44
Tiny (%) -- --

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
down Infosys Technology 33.44 9.76 0.00 9.62
up HDFC Bank Financial 23.95 10.03 0.00 9.06
equal ICICI Bank Financial 23.55 7.15 2.01 6.38
up Reliance Industries Energy 28.58 10.08 0.00 5.79
equal Larsen & Toubro Construction 18.01 7.65 0.90 3.91
up Axis Bank Financial 26.23 3.61 0.00 3.61
down State Bank of India Financial 16.96 10.74 1.92 3.59
equal HDFC Financial 23.39 5.34 0.00 3.44
equal Bharti Airtel Communication -- 5.04 0.00 3.24
down Linde India Chemicals 35.45 4.54 1.14 3.24
equal Sun Pharmaceutical Industries Healthcare 56.75 3.10 0.00 3.10
equal Grasim Industries Construction 23.32 2.88 0.00 2.86
equal Jindal Steel & Power Metals 8.10 3.18 0.00 2.72
equal Hindustan Unilever FMCG 67.70 2.67 0.00 2.61
equal HCL Technologies Technology 23.46 2.50 0.00 2.36
equal Tata Steel Metals 21.63 8.35 0.00 2.20
equal ITC FMCG 18.56 4.73 0.00 1.91
down NTPC Energy 8.91 3.72 0.00 1.79
equal Dalmia Bharat Construction 31.60 1.52 0.00 1.52
down Adani Ports and Special Economic Zone Services 27.27 2.10 0.00 1.39
equal Maruti Suzuki India Automobile 49.88 2.43 0.00 1.29
equal JSW Steel Metals 12.13 1.29 0.00 1.19
equal Kotak Mahindra Bank Financial 33.19 1.88 0.00 1.10
equal Bank of Baroda Financial 26.28 3.63 0.00 1.10
down Cholamandalam Financial Holdings Financial 14.64 1.54 0.00 1.09

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 30-Jun-2021

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:


-0.09%

Change from previous, NAV as on 27-Jul-2021

Growth: ₹ 69.5466

IDCW Yearly: ₹ 13.5896

IDCW: ₹ 23.0751


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

Minimum Investment (₹) 500
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 100
Minimum 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: 13.01%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 11,672 Cr (As on 30-Jun-2021)
Expense: 1.88% (As on 30-Jun-2021)
Risk Grade: High
Return Grade: Low
Turnover: 54.00%

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

Contact Information

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

Last Session

Investors' Hangout

How to crash-proof your equity investments

DateFriday, 23-Jul-2021
Time12:30 PM - 01:00 PM

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