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1 star

Nippon India Tax Saver (ELSS) Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.57 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.44 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 43.23 -0.43 -1.68 3.63 14.37 28.56 69.61 16.24 8.91 9.10 15.06
S&P BSE 500 TRI 35.14 -0.58 -2.33 2.74 12.89 27.71 60.02 23.14 16.86 14.71 15.77
Equity: ELSS 34.29 -0.52 -2.26 2.69 11.14 26.95 57.49 21.72 14.85 14.10 16.19
Rank within category 3 14 12 12 4 15 3 31 34 29 18
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 22-Oct-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 69.61 16.24 8.91 1.77% 12,467
Axis Long Term Equity Fund
4 star
Dec-09 60.50 25.02 17.97 1.51% 34,371
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 61.19 27.16 20.61 1.66% 9,832
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 65.25 26.16 16.30 1.75% 9,756
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 78.40 24.42 17.87 1.93% 3,439

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 15.30 25.50 0.45 0.48 1.11 -7.32
S&P BSE 500 TRI 20.70 22.02 0.76 0.86 -- --
Equity: ELSS 19.52 21.54 0.72 0.78 0.95 -0.34
Rank within category 30 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-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) * --
Top 5 Stocks (%) * --
Top 3 Sectors (%) * --
Portfolio P/B Ratio * 3.18
Portfolio P/E Ratio 24.50

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,01,245 1,33,866
Giant (%) 70.78 51.26
Large (%) 8.36 16.18
Mid (%) 14.79 25.11
Small (%) 6.07 7.62
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 26.81 10.03 0.00 8.57
equal Infosys Technology 34.38 9.76 0.00 7.52
down Reliance Industries Energy 33.67 10.08 0.00 6.26
down ICICI Bank Financial 27.49 7.15 2.01 6.24
equal Larsen & Toubro Construction 20.11 7.65 2.56 4.15
equal Axis Bank Financial 30.66 4.00 0.00 3.87
down Bharti Airtel Communication 358.71 5.04 0.00 3.86
equal State Bank of India Financial 18.07 10.12 1.92 3.63
equal HDFC Financial 25.97 5.34 0.00 3.58
down Sun Pharmaceutical Industries Healthcare 32.49 3.51 0.00 3.41
equal HCL Technologies Technology 27.43 2.77 0.00 2.77
equal Hindustan Unilever FMCG 68.68 2.71 0.00 2.67
equal Tata Steel Metals 7.49 7.07 0.00 2.38
down Linde India Chemicals 42.59 4.54 1.34 2.27
equal NTPC Energy 10.47 3.72 0.00 2.05
down ITC FMCG 20.66 4.73 0.00 1.89
up SBI Life Insurance Company Insurance 87.77 1.75 0.00 1.75
up SBI Cards & Payments Services Financial 118.89 1.76 0.00 1.65
equal Dalmia Bharat Construction 27.77 1.70 0.00 1.59
equal Jindal Steel & Power Metals 12.41 3.18 0.00 1.56
up Tata Motors Automobile -- 6.93 0.00 1.50
equal Adani Ports and Special Economic Zone Services 27.71 2.10 0.00 1.36
up Ultratech Cement Construction 32.32 1.31 0.00 1.31
equal Bajaj Finserv Financial 70.45 1.28 0.00 1.28
up M&M Financial Services Financial -- 1.26 0.00 1.26

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-Sep-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:


-0.43%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 79.2609

IDCW Yearly: ₹ 15.4882

IDCW: ₹ 26.2982


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: 13.73%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 12,467 Cr (As on 30-Sep-2021)
Expense: 1.77% (As on 30-Sep-2021)
Risk Grade: High
Return Grade: Low
Turnover: 50.00%

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

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