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: 2.01% As on (31-03-2021) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 11,115.39 Cr As on (30-04-2021) |
| Turn over: 78% | Exit Load: Nil |
63.0674
-0.59 (-0.942%)
12.48%
S&P BSE 100 TRI 8.58%
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 | 66.57 | 9.28 | 2.27 | 7.75 | 11.53 |
| quant Tax Plan - Growth Option - Regular Plan | 01-04-2000 | 126.69 | 43.17 | 25.9 | 22.62 | 14.86 |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 88.73 | 20.44 | 9.75 | 15.56 | 15.02 |
| Mirae Asset Tax Saver Fund-Regular Plan-Growth | 05-12-2015 | 75.33 | 23.83 | 15.84 | 20.68 | - |
| Franklin India Taxshield-Growth | 05-04-1999 | 70.75 | 13.52 | 8.04 | 10.86 | 13.02 |
| HDFC Long Term Advantage Plan - Growth Plan | 05-01-2001 | 69.11 | 15.12 | 10.28 | 14.69 | 12.94 |
| DSP Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 68.41 | 21.11 | 13.14 | 16.06 | 14.92 |
| JM Tax Gain Fund (Regular) - Growth option | 31-03-2008 | 68.39 | 19.38 | 11.39 | 16.04 | 13.17 |
| PGIM India Long Term Equity Fund - Regular Plan - Growth Option | 11-12-2015 | 68.32 | 18.49 | 11.15 | 14.34 | - |
| BOI AXA Tax Advantage Fund-Regular Plan- Growth | 25-02-2009 | 67.25 | 29.8 | 12.11 | 17.51 | 13.99 |
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
10.82%
Others
2.69%
Large Cap
76.13%
Mid Cap
10.36%
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
