Submit

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

(Erstwhile Reliance Tax Saver (ELSS) Fund-Growth Plan-Growth Option)
Fund House: Nippon India Mutual Fund
Category: Equity: ELSS
Launch Date: 05-09-2005
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 1.71% As on (31-05-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 11,234.96 Cr As on (31-05-2022)
Turn over: 38% | Exit Load: Nil
NAV as on 04-07-2022

70.547

0.66 (0.9382%)

CAGR Since Inception

12.34%

NIFTY 500 TRI 16.11%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 500 TRI
-
Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Submit
Submit
Submit

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 0.32
Alpha -5.92
Beta 1.1
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 3.74 28.99 7.56 3.91 12.69
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 8.89 29.37 - - -
HDFC Taxsaver - Growth Plan 05-03-1996 8.44 27.25 9.6 7.58 12.39
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 4.63 48.84 28.5 18.95 18.69
PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option 11-12-2015 4.35 28.33 13.87 10.86 -
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 3.07 26.57 12.48 9.57 15.54
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 19-08-1999 3.03 26.01 11.46 10.97 14.62
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 10-05-2005 2.82 25.43 9.68 6.95 12.44
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 2.55 24.54 10.49 10.04 -
Union Long Term Equity Fund - Growth Option 23-12-2011 2.08 26.67 14.96 11.21 12.83

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

9.8%

Others

3.81%

Large Cap

72.32%

Mid Cap

14.07%

Scheme Documents

Fundamentals - June​ 2022

Monthly portfolio for the month end 31st May 2022

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

Feedback
Notification