• Mutual Funds
  • IIFL Mutual Funds
  • IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth)
IIFL Mutual Funds

IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth)

EquityTax Saving

9.7117

NAV (Feb 01)

-3.2%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

Invest in this fund
Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

9.7117

NAV (Feb 1)

Fund Returns

Last 1Y

NA

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

-3.2%

6 Month CAGR

NA

Scheme Information

Investment Objective

The investment objective of scheme is to invest in in stocks comprising the Nifty 50 Index in the same proportion as in the index to achieve returns equivalent to the Total Returns Index of Nifty 50 Index,subject to tracking error,while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act,1961. It also seeks to distribute income periodically depending on distributable surplus. There is no assurance or guarantee that the investment objective of the Scheme would be achieved. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits.

Expense Ratio

0

Launched (0y ago)

Jan 02, 2023

AUM in Crores

21.565

ISIN

INF579M01AL6

Lock-in

No Lock-in

Benchmark

IISL Nifty 50 TR INR

SIP Minimum

0

Lumpsum Min.

5000

Standard Deviation (3yr)

0

Standard Deviation (5yr)

0

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0

Sharpe Ratio (5yr)

0

YTM

0

Fund Managers

Parijat Garg

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth)70%NaN NaN%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2023-02-01

Top Stock Holdings

reliance industries ltd

10.9%
10.9%

hdfc bank ltd

8.9%
8.9%

icici bank ltd

7.7%
7.7%

infosys ltd

6.9%
6.9%

housing development finance corp ltd

5.9%
5.9%
See all holdings

Allocation by Sector

financial services

37.6%
37.6%

energy

13.9%
13.9%

technology

13.9%
13.9%

consumer defensive

8.5%
8.5%

basic materials

6.9%
6.9%
See all sectors

Compare IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,848 cr

₹ 10,444 cr

₹ 15,500 cr

₹ 10,444 cr

₹ 15,500 cr

About the AMC

IIFL Asset Management Limited

IIFL Asset Management Limited manages assets worth 4,576 crores and was set up on 22 March 2011. It's current offering of mutual fund schemes includes 12 debt and 3 equity funds.

amc-img

  • 022-42499000
  • service@iiflmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    17.4%

    14.3%

    17.3%

    14.3%

    17.3%

    14.3%

    5.6%

    6.6%

    5.4%

    5.6%

    IIFL ELSS Nifty 50 Tax Saver Index Fund (G) Review

    IIFL ELSS Nifty 50 Tax Saver Index Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of -3.2% over a period of 0 years. The fund is managed by IIFL Asset Management Limited. The fund manager’s name is Parijat Garg.

    Nav of IIFL ELSS Nifty 50 Tax Saver Index Fund (G) as of 2/1/2023 is ₹9.71 with the total AUM as of 2/2/2023 is ₹21.565. With Scripbox you can compare and check the latest nav for all mutual funds in India. IIFL ELSS Nifty 50 Tax Saver Index Fund (G) was launched on Jan 02, 2023. The category risk of the fund is Very High Risk.

    The minimum SIP amount for IIFL ELSS Nifty 50 Tax Saver Index Fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    IIFL ELSS Nifty 50 Tax Saver Index 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 50 TR INR.

    IIFL ELSS Nifty 50 Tax Saver Index Fund (G) is rated as a 0 fund in Equity and delivered null% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IIFL ELSS Nifty 50 Tax Saver Index Fund (G).

    Frequently Asked Questions

    What is IIFL ELSS Nifty 50 Tax Saver Index Fund (G)?

    IIFL ELSS Nifty 50 Tax Saver Index Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

    How to invest in IIFL ELSS Nifty 50 Tax Saver Index Fund (G)?

    You can invest in IIFL ELSS Nifty 50 Tax Saver Index 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 IIFL ELSS Nifty 50 Tax Saver Index Fund (G)?

    The minimum sip amount for IIFL ELSS Nifty 50 Tax Saver Index Fund (G) is ₹0. You can invest in multiples of ₹5000.

    Is IIFL ELSS Nifty 50 Tax Saver Index Fund (G) good to invest in?

    As per Scripbox experts, IIFL ELSS Nifty 50 Tax Saver Index Fund (G) is a Not Reviewed Yet fund. You can investIIFL ELSS Nifty 50 Tax Saver Index 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 IIFL ELSS Nifty 50 Tax Saver Index Fund (G)?

    The expense ratio of the IIFL ELSS Nifty 50 Tax Saver Index Fund (G) is % for regular plan.