Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option

(Erstwhile Reliance Tax Saver (ELSS) Fund-Growth Plan-Growth Option)
Category: Equity: ELSS
Launch Date: 05-09-2005
Asset Class: Equity
Benchmark: S&P BSE 100 TRI
Expense Ratio: 2.08% As on (31-10-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 10,673.58 Cr As on (31-10-2019)
Turn over: 85% | Exit Load: 0.00% - 0 day

52.4244

12.36%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 100 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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
2 Years 3 Months
8 Years 12 Months
9 Years 5 Months
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

Volatility 16.63
Sharp Ratio 0.16
Alpha 4.62
Beta 1.08
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-Growth Plan-Growth Option 05-09-2005 0.32 -10.08 3.13 2.02 11.59
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 16.2 5.08 11.85 10.16 12.99
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 16.06 0.53 13.04 8.01 9.23
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 15.95 3.5 12.38 7.85 12.36
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 15.89 4.11 13.95 11.37 -
Mirae Asset Tax Saver Fund-Regular Plan-Growth 28-12-2015 15.61 7.73 17.18 - -
Axis Long Term Equity Fund - Growth 29-12-2009 15.41 9.96 15.86 10.84 -
JM Tax Gain Fund - Growth option 31-03-2008 15.16 6.02 14.29 9.18 9.43
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 14.47 7.49 13.76 8.14 10.13
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 21-01-2015 13.81 3.93 13.12 - -

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

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

14.25%

Others

4.48%

Large Cap

61.05%

Mid Cap

20.22%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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