Formerly Navi Long Term Advantage Reg Gr
Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
The performance of the fund on a Fund Size metric has been Poor
The performance of the fund on a Outperformance Consistency metric has been Poor
NAV (Feb 3)
6 Month CAGR
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act,1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme,subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act,1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.
Launched (8y ago)
Dec 30, 2015
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Navi ELSS Tax Saver Fund (Growth)||882,909||150,297||7.7%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
hdfc bank ltd6.7%
reliance industries ltd6.3%
icici bank ltd5.9%
axis bank ltd5%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 4,848 cr
₹ 10,444 cr
₹ 15,500 cr
₹ 10,444 cr
₹ 15,500 cr
Essel Funds Management Company Ltd
Navi AMC Limited manages assets worth 2,460 crores and was set up on 9 April 2009. It's current offering of mutual fund schemes includes 29 equity,19 debt and 27 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Navi ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 10.4% over a period of 7 years. The fund was previously known as Navi Long Term Advantage Reg Gr. The fund is managed by Navi AMC Limited. The fund manager’s name is Aditya Mulki.
Nav of Navi ELSS Tax Saver Fund (G) as of 2/3/2023 is ₹20.19 with the total AUM as of 2/5/2023 is ₹59.447. With Scripbox you can compare and check the latest nav for all mutual funds in India. Navi ELSS Tax Saver Fund (G) was launched on Dec 30, 2015. The category risk of the fund is Very High Risk.
The minimum SIP amount for Navi ELSS Tax Saver Fund (G) is ₹0 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.
Navi ELSS Tax Saver Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR.
Navi ELSS Tax Saver Fund (G) is rated as a 1 fund in Equity and delivered -3.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Navi ELSS Tax Saver Fund (G).
What is Navi ELSS Tax Saver Fund (G)?
How to invest in Navi ELSS Tax Saver Fund (G)?
You can invest in Navi ELSS Tax Saver Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Navi ELSS Tax Saver Fund (G)?
The minimum sip amount for Navi ELSS Tax Saver Fund (G) is ₹0. You can invest in multiples of ₹500.
Is Navi ELSS Tax Saver Fund (G) good to invest in?
As per Scripbox experts, Navi ELSS Tax Saver Fund (G) is a Not Recommended fund. You can investNavi ELSS Tax Saver Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Navi ELSS Tax Saver Fund (G)?
The expense ratio of the Navi ELSS Tax Saver Fund (G) is 2.34% for regular plan.