Nippon India ELSS Tax Saver Fund-Growth
(Scheme Rating)
NAV as of May 15, 2025
125.521.06%
- Growth - Regular
(Earn upto 0.68% Extra Returns with Direct Plan)
Fund Category:
Equity: ELSS
Expense Ratio:
1.70%(1.96% Category
average)Fund Size:
Rs. 14,781.61 Cr(6.16% of Investment in Category)
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Nippon India ELSS Tax Saver Fund-Growth
(Scheme Rating)
NAV as of May 15, 2025
125.521.06%
Expense Ratio:
1.70%
Fund Size:
Rs. 14,781.61 Cr
Fund Category:
Equity: ELSS
1. Current NAV: The Current Net Asset Value of the Nippon India ELSS Tax Saver Fund as of May 15, 2025 is Rs 125.52 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 39.33% (1yr), 16.47% (3yr), 19.27% (5yr) and 14.14% (since launch). Whereas, Category returns for the same time duration are: 38.296104658260525% (1yr), 15.98912661338673% (3yr) and 20.421260515212452% (5yr).
3. Fund Size: The Nippon India ELSS Tax Saver Fund currently holds Assets under Management worth of Rs 16711.0007 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 1.68% for Regular plan as on Sep 30, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 500 and minimum additional investment is Rs 500. Minimum SIP investment is Rs 500.
Nippon India ELSS Tax Saver Fund-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 5.73 11.89 2.37 9.77 21.70 27.08 Category Avg 6.44 9.36 1.81 9.91 20.76 25.14 Rank within Category 28 4 19 26 10 10 No. of funds within Category 39 39 38 38 33 33 - Loading...
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Return Comparison
- This Fund
- BenchmarkNIFTY 500 Total Return Index
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Nippon India ELSS Tax Saver Fund-Growth Fund Details
Investment Objective - The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
| Fund House | Nippon India Mutual Fund |
| Launch Date | Sep 21, 2005 |
| Benchmark | NIFTY 500 Total Return Index |
| Return Since Launch | 13.73% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Above Average |
| Return Grade | Average |
Nippon India ELSS Tax Saver Fund-Growth Investment Details
| Minimum Investment (Rs.) | 500.00 |
| Minimum Additional Investment (Rs.) | 500.00 |
| Minimum SIP Investment (Rs.) | 500.00 |
| Minimum Withdrawal (Rs.) | 100.00 |
| Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| APR 2025 | MAR 2025 | FEB 2025 | JAN 2025 | DEC 2024 | NOV 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 62 | 60 | 61 | 61 | 61 | 61 |
| Top 5 Company Holdings | 27.48% | 27.36% | 28.5% | 26.79% | 26.54% | 26.28% |
| Top 10 Company Holdings | 41.95% | 41.99% | 42.71% | 41.04% | 40.4% | 40.53% |
| Company with Highest Exposure | ICICI Bank (9.07%) | ICICI Bank (8.81%) | ICICI Bank (8.66%) | ICICI Bank (8.32%) | ICICI Bank (8.26%) | ICICI Bank (8.13%) |
| Number of Sectors | 16 | 16 | 16 | 16 | 16 | 16 |
| Top 3 Sector Holdings | 54.06% | 52.75% | 52.2% | 49.91% | 50.38% | 50.58% |
| Top 5 Sector Holdings | 68.2% | 66.6% | 66.13% | 64.56% | 65.3% | 65.34% |
| Sector with Highest Exposure | Financial (35.4%) | Financial (34.64%) | Financial (34.33%) | Financial (32.55%) | Financial (32.65%) | Financial (32.91%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) ICICI Bank Financial 7.47 19.97 71.65 28.27 HDFC Bank Financial 6.12 20.78 92.51 32.43 Infosys Technology 4.6 24.39 64.32 10.98 NTPC Energy 3.98 15.07 22.67 -5.39 Axis Bank Financial 3.58 13.18 90.58 6.13 Samvardhana Motherson Automobile 3.42 24.30 5.86 12.92 Larsen & Toubro Construction 3.03 32.62 109.35 4.55 State Bank of India Financial 2.97 9.23 86.91 -0.52 Reliance Industries Energy 2.83 26.30 53.84 2.02 Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue)) Communication 2.58 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Nippon India ELSS Tax Saver Fund-Growth 125.52 14,781.61 5.73 9.77 21.70 27.08 HDFC ELSS Tax Saver Fund Regular-Growth 1,394.58 16,232.40 6.56 16.34 26.68 29.72 Parag Parikh ELSS Tax Saver Fund Regular - Growth 31.36 5,084.67 5.62 16.09 21.53 27.90 SBI Long Term Equity Fund Regular -Growth 430.33 28,506.07 6.63 11.21 28.72 30.38 Quantum ELSS Tax Saver Regular - Growth 123.43 215.65 5.88 12.53 21.08 25.53
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
14.87VS14.88Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.99VS0.93Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.72VS0.67Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
10.88VS10.62Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
1.84VS1.41Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
17.00VS16.06Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Nippon India Mutual Fund News
Fund Manager
- R.P.Rupesh PatelSince Jul 20211 schemes
- R.R.Ritesh RathodSince Aug 20240 schemes
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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Nippon India Growth Fund - Growth Mid Cap 3,969.66 33,174.74 13.84 Mr. Rathod has done CFA, FRM and MBA in Finance Prior to joining Nippon India Mutual Fund, he has worked with Alchemy Capital and Mutual Fund
No schemes for the Fund Manager
More Nippon India Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Nippon India Small Cap Fund - Growth | 50,826.29 | -7.21 | -21.00 | -20.29 | 1.07 | 21.32 | |
| Nippon India Multi Cap Fund-Growth | 35,353.47 | -4.12 | -14.46 | -14.84 | 4.86 | 22.32 | |
| Nippon India Large Cap Fund-Growth | 34,211.60 | -3.96 | -11.20 | -11.12 | 1.79 | 18.56 | |
| Nippon India Liquid Fund-Growth | 33,917.18 | 0.51 | 1.69 | 3.46 | 7.22 | 6.57 | |
| Nippon India Liquid Fund Retail-Growth | 33,917.18 | 0.46 | 1.54 | 3.15 | 6.61 | 5.94 | |
| CPSE ETF-Growth | 33,047.65 | -0.36 | -12.87 | -17.65 | -4.00 | 33.76 | |
| Nippon India Growth Fund - Growth | 30,276.31 | -6.28 | -17.71 | -16.05 | 6.20 | 21.90 | |
| Nippon India ETF Gold BeES | 18,779.61 | 0.33 | 11.27 | 19.34 | 30.03 | 15.51 | |
| Nippon India Money Market Fund-Growth | 16,856.31 | 0.51 | 1.67 | 3.57 | 7.52 | 6.88 | |
| Nippon India Arbitrage Fund-Growth | 14,435.58 | 0.55 | 1.72 | 3.30 | 7.08 | 6.40 |
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1. Nippon India ELSS Tax Saver Fund is Open-ended ELSS Equity scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Sep 21, 2005.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. "
2. It is benchmarked against NIFTY 500 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.47% in equities, 0.01% in debts and 1.52% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 40.56% of the assets, the top 3 sectors constitute around 49.61% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Nippon India ELSS Tax Saver Fund-Growth
1. Short-term Capital Gain Tax - STCG is not applicable on ELSS schemes since these have a lock-in period of 3 years.
2. Investment into ELSS schemes qualify for tax deduction under Section 80C of the Indian Income Tax Act.
3. Gains of more than Rs. 1 lakh after completion of 3 years will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Nippon India ELSS Tax Saver Fund-Growth
- Is it safe to invest in Nippon India ELSS Tax Saver Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the Nippon India ELSS Tax Saver Fund comes under Very High risk category.
- What is the category of Nippon India ELSS Tax Saver Fund?Nippon India ELSS Tax Saver Fund belongs to the Equity : ELSS category of funds.
- How Long should I Invest in Nippon India ELSS Tax Saver Fund?The suggested investment horizon of investing into Nippon India ELSS Tax Saver Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Nippon India ELSS Tax Saver Fund?The Nippon India ELSS Tax Saver Fund is managed by Rupesh Patel (Since Jul 01, 2021) and Ritesh Rathod (Since Aug 19, 2024).
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