VR Logo

1 star

Nippon India Tax Saver (ELSS) Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.26 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 35.83 -3.33 -4.35 -6.12 3.32 14.35 46.86 12.01 9.57 7.45 15.48
S&P BSE 500 TRI 29.06 -2.96 -3.93 -5.18 4.30 13.54 39.43 19.53 17.66 13.02 16.07
Equity: ELSS 29.03 -2.91 -4.04 -4.83 4.34 13.69 39.10 18.47 15.90 12.40 16.47
Rank within category 3 37 28 32 24 19 3 34 34 29 19
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 26-Nov-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 46.86 12.01 9.57 1.75% 12,446
Axis Long Term Equity Fund
4 star
Dec-09 33.57 21.17 18.93 1.58% 34,235
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 41.38 23.30 21.52 1.70% 10,146
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 42.91 21.51 16.76 1.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 55.36 20.81 19.03 1.94% 3,518

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 16.64 25.39 0.50 0.53 1.12 -7.65
S&P BSE 500 TRI 22.08 21.79 0.84 0.93 -- --
Equity: ELSS 20.97 21.34 0.80 0.85 0.95 -0.20
Rank within category 29 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 31-Oct-2021

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) 51.57
Top 5 Stocks (%) 33.02
Top 3 Sectors (%) 56.97
Portfolio P/B Ratio 3.18
Portfolio P/E Ratio 24.55

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,01,899 1,36,970
Giant (%) 70.70 53.06
Large (%) 8.01 14.68
Mid (%) 15.31 25.08
Small (%) 5.99 7.34
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 24.13 10.03 0.00 8.39
down Infosys Technology 34.03 9.76 0.00 7.37
down ICICI Bank Financial 23.61 7.15 2.01 7.09
down Reliance Industries Energy 31.22 10.08 0.00 5.91
down Larsen & Toubro Construction 28.52 7.65 2.66 4.26
equal State Bank of India Financial 14.65 10.12 1.92 4.03
up HDFC Financial 23.83 5.34 0.00 3.89
down Bharti Airtel Communication 143.20 5.04 0.00 3.80
equal Axis Bank Financial 20.29 4.00 0.00 3.76
down Sun Pharmaceutical Industries Healthcare 29.53 3.51 0.00 3.07
up Tata Motors Automobile -- 6.93 0.00 2.57
equal Tata Steel Metals 4.36 7.07 0.00 2.43
equal Hindustan Unilever FMCG 65.30 2.71 0.00 2.37
down HCL Technologies Technology 26.06 2.77 0.00 2.11
down Linde India Chemicals 42.37 4.54 1.34 2.00
up Kotak Mahindra Bank Financial 38.99 1.96 0.00 1.96
equal NTPC Energy 9.31 3.72 0.00 1.92
equal SBI Cards & Payments Services Financial 87.11 1.76 0.00 1.70
equal SBI Life Insurance Company Insurance 91.39 1.75 0.00 1.66
up Ultratech Cement Construction 33.50 1.53 0.00 1.53
equal Dalmia Bharat Construction 28.58 1.70 0.00 1.52
down Jindal Steel & Power Metals 5.28 3.18 0.00 1.51
up Tata Consultancy Services Technology 34.84 1.37 0.00 1.37
equal KSB Engineering 30.74 1.49 0.62 1.30
equal Bajaj Finserv Financial 62.84 1.29 0.00 1.29

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-Oct-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:


-3.33%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 75.1669

IDCW Yearly: ₹ 14.6882

IDCW: ₹ 24.9399


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: 13.27%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 12,446 Cr (As on 31-Oct-2021)
Expense: 1.75% (As on 31-Oct-2021)
Risk Grade: High
Return Grade: Low
Turnover: 48.00%

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 Life India Asset Management Ltd.

Address: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai - 400013

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

Upcoming Video

Investors' Hangout

Stocks or Equity Funds for the long term?

DateFriday, 10-Dec-2021
Time12:30 PM - 01:00 PM

attending You have reserved a spot