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

12.75%

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 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

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

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