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: 1.74% As on (31-12-2019) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 10,813.57 Cr As on (31-12-2019) |
| Turn over: 94% | Exit Load: Nil |
55.931
-0.45 (-0.8117%)
12.75%
S&P BSE 100 TRI 9.5%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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 | 4.27 | -10.35 | 4.21 | 2.98 | 11.78 |
| Axis Long Term Equity Fund - Regular Plan - Growth | 29-12-2009 | 19.96 | 7.0 | 17.05 | 10.32 | 17.36 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 18.37 | -1.99 | 13.68 | 8.06 | 9.45 |
| JM Tax Gain Fund - Growth option | 31-03-2008 | 17.98 | 5.46 | 15.03 | 9.66 | 9.95 |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 16.81 | 3.08 | 11.94 | 10.11 | 13.23 |
| BNP Paribas Long Term Equity Fund - Growth Option | 05-01-2006 | 16.76 | 2.91 | 12.96 | 7.55 | 12.74 |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 05-01-2015 | 16.64 | 1.61 | 13.1 | - | - |
| Mirae Asset Tax Saver Fund-Regular Plan-Growth | 05-12-2015 | 16.49 | 5.25 | 17.21 | - | - |
| Kotak Tax Saver-Scheme-Growth | 23-11-2005 | 16.2 | 5.31 | 12.66 | 8.88 | 11.22 |
| LIC MF Tax Plan-Regular Plan-Growth | 31-03-1997 | 15.46 | 5.25 | 13.96 | 7.97 | 10.47 |
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
12.55%
Others
2.75%
Large Cap
62.67%
Mid Cap
22.03%
Scheme Documents
There are no scheme documents available
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
