- Mutual Funds
- IIFL Mutual Funds
- IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth)
IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth)
₹ 9.7117
NAV (Feb 01)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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
Returns Calculator Comparison
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| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth) | NaN | NaN | % | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
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
Top Stock Holdings
reliance industries ltd
10.9%hdfc bank ltd
8.9%icici bank ltd
7.7%infosys ltd
6.9%housing development finance corp ltd
5.9%Allocation by Sector
financial services
37.6%energy
13.9%technology
13.9%consumer defensive
8.5%basic materials
6.9%Compare IIFL ELSS Nifty 50 Tax Saver Index Fund (Growth)
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 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.
| Fund Name | Scripbox 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)?
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.