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Nippon India Tax Saver (ELSS) Fund Direct-Growth Nippon India Tax Saver (ELSS) Fund Direct-Growth Nippon India Tax Saver (ELSS) Fund Direct-Growth Nippon India Tax Saver (ELSS) Fund Direct-Growth - Get latest updates on NAV, Dividends, Returns, Performance, Risks & Portfolio. Invest now! Paisabazaar INR 1000 1 rating rating rating rating rating Nippon India Tax Saver (ELSS) Fund Direct-Growth 1 5

Equity ELSS

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

-12.43%

3 Yrs CAGR returns

-9.38%

5 Yrs CAGR returns

1.38%

NAV as on 25 Sep

₹ 46.56 by 1.17 ( 2.58%)

Expense ratio

1.23

Lock-in period

19.29%

Fund Size (Cr)

₹ 10914.29


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Performance Graph*
Returns Calculator
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If ₹1000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

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

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 30.36
Energy 18.65
Technology 9.46
Automobile 7.63
FMCG 6.78
Construction 6.6
Communication 4.25
Health Care 4.2
Engineering 4.14
Services 2.85
Top 10 Sectors %
Crude Oil & Natural Gas 9.88
Banking 8.96
Computer Software 6.99
Banking 6.57
Housing Finance 5.34
Telecom.Services 4.25
Infrastructure 3.35
Banking 2.93
Crude Oil & Natural Gas 2.9
Drugs & Pharma 2.7
Fund house details
Fund House Reliance Mutual Fund
Fund Manager Ashutosh Bhargava
Fund Setup Date 01 Jan 2013
Address Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East)
Contact (022) 33031000 / 1800 300 11111
Email ID customer_care@reliancemutual.com
More About This Fund

About Nippon India Tax Saver Fund

This is an open ended equity linked saving scheme with a regulated lock-in period of 3 years. Nippon India Tax Saver Fund (ELSS) revolves around the objective of long-term capital appreciation from a portfolio which consists of investments made into equity and equity related securities. The latest NAV of the Mutual Fund is recorded as 57.82 Crores followed by 96.51% of assets allocated into equities and the remainder into Cash & Cash Equivalents.

Nippon India Tax Saver Fund has last recorded AUM worth Rs. 9827 Crores and a corpus predominantly invested in the Financial sector. The top holdings of the fund include ICICI Bank, State Bank of India, Larsen & Toubro and Tata Steel. If you want to invest in equities and accrue inflation beating returns, you can invest in this fund.

You must invest into this fund using the SIP mode which is not just convenient but also ensures that the investors enjoy power of compounding and rupee cost averaging

Also Read: Which Mutual Fund is Best for Students?

 

How to Invest in the Fund Using Paisabazaar?

Follow the given steps to get started with your SIP or Lump Sum investment into Nippon India Tax Saver Fund:

  • Log-in or Signup to Paisabazaar.com
  • Go to Investments in the Menu Bar and click on ‘Mutual Funds’
  • Scroll to ‘ELSS’
  • Start a manual search for ‘Nippon India Tax Saver Fund’
  • Read all the details and terms of the Fund carefully
  • Select lump sum or SIP as your investment option and proceed

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