Nippon India Tax Saver (ELSS) Fund - IDCW Option
(Erstwhile Reliance Tax Saver (ELSS) Fund-Dividend Plan-Dividend Payout Option)
Fund House: Nippon India Mutual Fund| Category: Equity: ELSS |
| Launch Date: 21-09-2005 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| TER: 1.71% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 14,322.15 Cr As on (31-03-2024) |
| Turn over: 25% | Exit Load: Nil |
33.2498
0.13 (0.385%)
13.41%
Benchmark: 12.53%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
8 Years 9 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | |
| Sharpe Ratio | 0.85 |
| Alpha | 4.61 |
| Beta | 1.02 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Tax Saver (ELSS) Fund - IDCW Option | 21-09-2005 | 41.36 | 20.61 | 21.71 | 14.06 | 14.13 |
| Quant ELSS Tax Saver Fund - Growth Option - Regular Plan | 01-04-2000 | 60.25 | 25.5 | 31.11 | 31.14 | 25.19 |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 58.82 | 31.51 | 28.25 | 20.97 | 17.02 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 56.33 | 29.95 | 25.24 | 19.83 | - |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 52.72 | 26.24 | 24.95 | 24.67 | 18.84 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 51.96 | 27.28 | 18.63 | - | - |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 46.09 | 23.1 | 22.42 | 19.33 | 17.89 |
| HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 44.44 | 25.73 | 26.82 | 17.09 | 15.04 |
| Franklin India ELSS Tax Saver Fund-Growth | 05-04-1999 | 44.2 | 22.56 | 23.47 | 17.16 | 16.37 |
| WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth | 14-10-2022 | 42.59 | - | - | - | - |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
14.15%
Others
3.71%
Large Cap
67.86%
Mid Cap
14.28%
