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  • Nippon Life India Asset Management Ltd
  • Nippon India Tax Saver ELSS Fund (Dividend Payout - Annually)

Formerly Reliance Tax Saver Ann DP

Nippon India Tax Saver ELSS Fund (Dividend Payout - Annually)

Nippon India Tax Saver ELSS Fund (Dividend Payout - Annually)

EquityTax Saving

Top Ranked

12.1699

NAV (Apr 16)

Scripbox Opinion

Top Ranked

Nippon India Tax Saver ELSS Fund (Dividend Payout - Annually) is a good choice within tax saving mutual funds.

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

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).

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

6 Years. The fund has an Extended history for analysis and the track record is excellent.

Relative Size

11,222 Cr. Category leader in size

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

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Tax Saver Plan

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    3 Years
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    Save Tax

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Scheme Information

Investment Objective

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However,there can be no assurance that the scheme's investment objective shall be achieved.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

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Very High Risk

1.86 %

Expense Ratio

Feb 11, 2015

Launched (6y ago)

₹ 11,222

AUM in Crores

INF204KA1E04

ISIN

3

Lock-in

Benchmark

₹ 500

SIP Minimum

₹ 500

Lumpsum Min.

Fund Managers
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Ashutosh Bhargava

Fund Manager

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Ashwani Kumar

Fund Manager

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Kinjal Desai

Fund Manager

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Sanjay H Parekh

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
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.

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Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

Invesco India Growth Opportunities Fund (G)

Invesco India Growth Opportunities Fund (G)

Diversified

Recommended

Top Ranked

14 Years

Age

5

Track Record

SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

Diversified

Recommended

Top Ranked

17 Years

Age

5

Track Record

Aditya Birla Sun Life Focused Equity Fund (G)

Aditya Birla Sun Life Focused Equity Fund (G)

Diversified

Recommended

Top Ranked

16 Years

Age

5

Track Record

Mirae Asset Tax Saver Fund (G)

Mirae Asset Tax Saver Fund (G)

Tax Saving

Recommended

Top Ranked

6 Years

Age

5

Track Record

UTI Nifty Index Fund (G)

UTI Nifty Index Fund (G)

Index Funds

Recommended

Top Ranked

21 Years

Age

5

Track Record

amc-icon

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 199,730 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 90 equity,369 debt and 34 hybrid funds.

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  • tel-amc-about
    022-33031000
  • mail-amc-about
    customer_care@reliancemutual.com
  • Nippon India Liquid Fund (G)

    Nippon India Liquid Fund (G)

    Liquid

    Recommended

    Top Ranked

    ₹ 23,878 Cr

    Fund Size

    5.7%

    3Y returns

    Nippon India Growth Fund (G)

    Nippon India Growth Fund (G)

    Mid Cap

    Recommended

    Top Ranked

    ₹ 8,990 Cr

    Fund Size

    10.9%

    3Y returns

    Nippon India Liquid Fund Retail (G)

    Nippon India Liquid Fund Retail (G)

    Liquid

    Top Ranked

    ₹ 23,878 Cr

    Fund Size

    4.9%

    3Y returns

    Nippon India Growth Fund (DP-A)

    Nippon India Growth Fund (DP-A)

    Mid Cap

    Top Ranked

    ₹ 8,990 Cr

    Fund Size

    9.6%

    3Y returns

    Nippon India Liquid Fund Retail (DP-Q)

    Nippon India Liquid Fund Retail (DP-Q)

    Liquid

    Top Ranked

    ₹ 23,878 Cr

    Fund Size

    3.8%

    3Y returns

    growth

    Tax Saver Plan

    Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

    Canara Robeco Equity Taxsaver fund (Growth)

    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Equity Funds

    Debt Funds

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    About Nippon India Tax Saver ELSS Fund (DP-A)

    About Nippon India Tax Saver ELSS Fund (DP-A)

    Nippon India Tax Saver ELSS Fund (DP-A) is a tax saving equity fund and has delivered an annualised return of 4.1% over a period of 6 years .The fund was previously known as Reliance Tax Saver Ann DP.The fund is managed by Nippon Life India Asset Management Ltd.The fund managers are Ashutosh Bhargava, Ashwani Kumar, Kinjal Desai, Sanjay H Parekh

    Nippon India Tax Saver ELSS Fund (DP-A) Investment Objective

    The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However,there can be no assurance that the scheme's investment objective shall be achieved. However, there is no assurance that the objective of the scheme will be realized.

    Nippon India Tax Saver ELSS Fund (DP-A) NAV,AUM,Risk

    The Nippon India Tax Saver ELSS Fund (DP-A) fund was launched on Feb 11, 2015. The NAV (Net Asset Value) of this tax saving equity as of 2021-04-16 is ₹ 12.1699. The total AUM (Asset Under Management) of the fund as of 2021-04-19 is ₹ 11221.677. The category risk of the Nippon India Tax Saver ELSS Fund (DP-A) fund is Very High Risk. The fund charges 1.86 % as expense ratio.

    Nippon India Tax Saver ELSS Fund (DP-A) Holdings

    The fund’s highest allocation is towards equity and has invested 98.3% in this asset class. The top three holdings of the fund are infosys ltd,hdfc bank ltd and icici bank ltd

    Nippon India Tax Saver ELSS Fund (DP-A) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 500 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.

    Nippon India Tax Saver ELSS Fund (DP-A) Investment volatility and Horizon

    This fund 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

    Nippon India Tax Saver ELSS Fund (DP-A) Review

    Nippon India Tax Saver ELSS Fund (DP-A) has a score of 4 on a scale of 5. The fund scores 5 out of 5 based on historical performance. As compared to the other funds in its category, Nippon India Tax Saver ELSS Fund (DP-A) has a score of 5 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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