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NAV as of ( Sep 09, 2022 )

86.61 0.12 % 1-D Change

13.72% p.a.

You get upto 0.92% extra returns

ET Money's Fund Report Card - Nippon India Tax Saver (ELSS) Fund

ET Money Rank

16

Out of 26

ranking
Performance Quality info

Good drop-arrow

Generated returns consistently

3/5

Increased returns for each unit of additional risk info

2/5

Downside Protection info

Poor drop-arrow

Controlled losses during market corrections

2/5

Delivered returns without frequent ups and downs

2/5

Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

none buyable frame

Fresh Investments closed in this fund!

This fund is no longer available to invest

This fund vs
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Scheme Details

ET Money Rank 16 Out of 26
VRO Rating 1
Expense ratio 0.85%  As on Jul 31, 2022
Exit Load 0%
AUM (Fund Size) 12,041 Crs
Lock-in 3 Years
Age 9 yrs 8 m Since Jan 01, 2013
Benchmark Nifty 500 TRI
Min. Investment

SIP 500  &

Lumpsum 500

About Nippon India Tax Saver (ELSS) Fund

Nippon India Tax Saver (ELSS) Fund Direct-Growth is a ELSS mutual fund scheme from Nippon India Mutual Fund . This fund has been in existence for 9 yrs 8 m, having been launched on 01/01/2013. Nippon India Tax Saver (ELSS) Fund Direct-Growth has ₹12,041 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.85%, which is less than what most other Elss funds charge.
  • Nippon India Tax Saver (ELSS) Fund Direct-Growth returns of last 1-year are 6.70%. Since launch, it has delivered 13.74% average annual returns. The fund has doubled the money invested in it every 3 yrs.
  • Nippon India Tax Saver (ELSS) Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
  • The fund has the majority of its money invested in Financial, Energy, Automobile, Consumer Staples, Technology sectors. It has taken less exposure in Financial, Energy sectors compared to other funds in the category.
  • The fund's top 5 holdings are in ICICI Bank Ltd., HDFC Bank Ltd., Infosys Ltd., Reliance Industries Ltd., State Bank of India.
.....
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Total value Profit
This fund
Category Average
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Aug 31, 2022
Allocation by Market Cap

Large Cap 74.72%

Mid Cap 12.74%

Small Cap 10.24%

Other Cap 0%

Allocation by Sector

Financial 35.79%

Energy 8.47%

Automobile 7.83%

Consumer Staples 6.34%

Top Debt Holdings

Others 0.02%

Allocation by Credit Quality

Bifurcation by Credit Quality is not available for this fund

Allocation by Instruments

Repo 3.14%

Margin Money 0.02%

Other Holdings

Others 3.14%

Know in detail about the portfolio of this fund See detailed Portfolio Analysis

Comparison with elss Funds

as on Sep 12, 2022
Average
2.42%
1.9 % p.a
This fund

Lowest
0.95%

Highest
6.92%
Pick time period to see return
  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y

Trailing Returns and Ranks

as on Sep 12, 2022
Period Trailing returns Category average Rank within category
1 month 1.9% 2.42% 16 / 24
3 months 16.59% 15.89% 10 / 24
6 months 9.42% 8.42% 7 / 24
1 year 6.69% 5.34% 11 / 24
3 years 19.01% 21.71% 19 / 24
5 years 6.23% 12.68% 23 / 23

Know in detail about the returns of this fund See detailed Return Analysis

Riskometer

Level of Risk in the Scheme

Very High

Investors understand that their principal will be at Very High risk

Nippon India Tax Saver (ELSS) Fund

EQUITY ELSS

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

  • Std. Dev : 24.69
  • Alpha : -1.96
  • Beta : 1.07
  • Sharpe : 0.72
  • Sortino : 0.77
  • Profile

    Ashutosh Bhargava

    Mr. Bhargava is B.Com & MBA (Finance)

    Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.

  • Profile

    Rupesh Patel

    Mr. Rupesh is a B.E.(Civil) and MBA (Finance)

    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.

Nippon India Mutual Fund

Nippon India Mutual Fund

# SCHEMES

51

See all schemes

TOTAL AUM:

₹2,81,440 Crs

As on Jun 30, 2022

  • Phone: 1800-300-11111
  • Address: NG-1 & 1A, North Block
    Manipal Centre,Dickenson Road,

    Bangalore, 560042

Compare with similar Funds

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Frequently asked questions

How are the returns of Nippon India Tax Saver (ELSS) Fund ?

The Nippon India Tax Saver (ELSS) Fund is a 9 yrs 8 m old fund and has delivered average annual returns of 13.72% since inception.

Nippon India Tax Saver (ELSS) Fund Returns

1-Year 3-Year 5-Year Since Inception
6.69% 19.01% 6.23% 13.72%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Nippon India Tax Saver (ELSS) Fund for Sep 09, 2022 is 86.61 .

Nippon India Tax Saver (ELSS) Fund has an ET Money Rank of # 16 of 26 and a consistency rating of 3 .

This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.

On ET Money, Investing in Nippon India Tax Saver (ELSS) Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Nippon India Tax Saver (ELSS) Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Nippon India Tax Saver (ELSS) Fund is 0.85%.  .

Redeeming your investments in Nippon India Tax Saver (ELSS) Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Nippon India Tax Saver (ELSS) Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Nippon India Tax Saver (ELSS) Fund is ₹12,041 Crs.

The Nippon India Tax Saver (ELSS) Fund has invested the majority of its money in the stocks of the following companies -

Company Percentage of Portfolio
ICICI Bank Ltd. 8.11%
HDFC Bank Ltd. 7.9%
Infosys Ltd. 5.95%
Reliance Industries Ltd. 5.04%
State Bank of India 4.41%
Axis Bank Ltd. 4.18%
Housing Development Finance Corpn. Ltd. 3.66%
Larsen & Toubro Ltd. 3.19%
National Thermal Power Corp. Ltd. 2.45%
Kotak Mahindra Bank Ltd. 2.39%

The Nippon India Tax Saver (ELSS) Fund has primarily invested in the following sectors

Sector Percentage of Portfolio
Financial 35.79%
Energy 8.47%
Automobile 7.83%
Consumer Staples 6.34%
Technology 5.95%
Services 5.51%
Construction 4.64%
Healthcare 4.26%
Metals & Mining 3.88%
Materials 3.78%
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