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: S&P BSE 100 TRI
Expense Ratio: 2.02% As on (31-05-2020)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 7,573.02 Cr As on (31-05-2020)
Turn over: 109% | Exit Load: Nil

42.7407

10.31%

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 -20.9 -11.22 -10.23 -1.85 7.76
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 6.73 -0.55 4.43 6.66 9.15
Shriram Long Term Equity Fund - Regular Growth 18-01-2019 1.62 - - - -
Quant Tax Plan-Growth 01-04-2000 -0.14 2.02 2.46 9.9 6.73
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 -0.31 2.4 2.19 4.52 10.86
Aditya Birla Sun Life Tax Relief 96 - Growth Option 05-03-1996 -0.5 -1.86 2.74 6.88 10.16
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 -1.16 3.81 5.66 6.78 9.99
Union Long Term Equity Fund - Growth Option 23-12-2011 -1.24 0.81 2.28 2.76 -
Mirae Asset Tax Saver Fund-Regular Plan-Growth 01-12-2015 -1.29 3.91 5.57 - -
Axis Long Term Equity Fund - Regular Plan - Growth 29-12-2009 -1.38 0.78 6.36 7.63 14.52

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

13.47%

Others

1.12%

Large Cap

63.35%

Mid Cap

22.06%

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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