Formerly Reliance Tax Saver 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 fund has been a Category Leader on the Fund Size metric
The performance of the fund on a Outperformance Consistency metric has been Satisfactory
NAV (Sep 25)
6 Month CAGR
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
Launched (18y ago)
Sep 21, 2005
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Nippon India Tax Saver ELSS Fund (Growth)||9,54,750||2,22,138||10.8%|
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 ltd8.8%
icici bank ltd7.9%
axis bank ltd4.5%
state bank of india3.8%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 17,630 cr
₹ 11,197 cr
₹ 11,862 cr
₹ 10,089 cr
₹ 9,392 cr
Nippon Life India Asset Management Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
Nippon India Tax Saver ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 13.1% over a period of 18 years. The fund was previously known as Reliance Tax Saver Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Akshay Sharma, Ashutosh Bhargava, Kinjal Desai, Rupesh Patel.
Nav of Nippon India Tax Saver ELSS Fund (G) as of 9/25/2023 is ₹92.53 with the total AUM as of 9/26/2023 is ₹12543.761. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Tax Saver ELSS Fund (G) was launched on Sep 21, 2005. The category risk of the fund is Very High Risk.
The minimum SIP amount for Nippon India Tax Saver ELSS Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.
Nippon India Tax Saver ELSS 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.
Nippon India Tax Saver ELSS Fund (G) is rated as a 3 fund in Equity and delivered 17.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Tax Saver ELSS Fund (G).
What is Nippon India Tax Saver ELSS Fund (G)?
How to invest in Nippon India Tax Saver ELSS Fund (G)?
You can invest in Nippon India Tax Saver ELSS 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 Nippon India Tax Saver ELSS Fund (G)?
The minimum sip amount for Nippon India Tax Saver ELSS Fund (G) is ₹500. You can invest in multiples of ₹500.
Is Nippon India Tax Saver ELSS Fund (G) good to invest in?
As per Scripbox experts, Nippon India Tax Saver ELSS Fund (G) is a Neutral fund. You can investNippon India Tax Saver ELSS 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 Nippon India Tax Saver ELSS Fund (G)?
The expense ratio of the Nippon India Tax Saver ELSS Fund (G) is 1.72% for regular plan.