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: 1.95% As on (31-08-2019) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 9,826.57 Cr As on (30-09-2019) |
| Turn over: 76% | Exit Load: 0.00% - 0 day |
51.8013
0.89 (1.727%)
12.39%
S&P BSE 100 TRI 9.26%
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 | 1.01 | -8.54 | 0.25 | 4.63 | 11.74 |
| JM Tax Gain Fund - Growth option | 31-03-2008 | 21.92 | 5.99 | 11.32 | 12.35 | 10.0 |
| Axis Long Term Equity Fund - Growth | 29-12-2009 | 20.39 | 9.85 | 12.96 | 13.95 | - |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 18.75 | 4.41 | 8.85 | 12.49 | 13.2 |
| BNP Paribas Long Term Equity Fund - Growth Option | 05-01-2006 | 17.86 | 3.13 | 8.54 | 9.66 | 12.12 |
| LIC MF Tax Plan-Regular Plan-Growth | 31-03-1997 | 16.11 | 6.99 | 10.0 | 10.75 | 9.53 |
| Tata India Tax Savings Fund-Growth-Regular Plan | 13-10-2014 | 15.82 | 3.68 | 9.18 | 13.32 | - |
| Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option | 21-01-2015 | 14.15 | 2.36 | 9.75 | - | - |
| Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth | 31-03-1993 | 14.12 | 8.12 | 10.23 | 9.96 | 12.18 |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 13.5 | 0.39 | 8.3 | 10.11 | 9.6 |
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
15.56%
Others
6.53%
Large Cap
57.65%
Mid Cap
20.26%
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
