• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Tax Saver ELSS Fund (Growth)

Formerly Reliance Tax Saver Gr

Nippon Mutual Fund

Nippon India Tax Saver ELSS Fund (Growth)

EquityTax Saving

Top Ranked

76.3569

NAV (Dec 02)

10%
5 Year CAGR
Scripbox Opinion

Not Reviewed yet

Our analysis of this fundLearn how we rate funds ->

Track Record

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

Relative Size

12,446 Cr. Category leader in size

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

Invest in this fund
Explore similar funds with a Scripbox plan. Explore the plan below.
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.

  • 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

No single fund can achieve what a plan can. Learn why

Historical NAV

76.3569

NAV (Dec 2)

Fund Returns

Last 1Y

46.8%

Last 3Y

12.5%

Last 5Y

10%

Last 10Y

15.4%

Since Inception

13.4%

6 Month CAGR

14.6%

info-icon-blue

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

Very High Risk

Expense Ratio

1.75

Launched (16y ago)

Sep 21, 2005

AUM in Crores

12445.801

ISIN

INF204K01GK4

Lock-in

3

Benchmark

S&P BSE 200 India TR INR

SIP Minimum

500

Lumpsum Min.

500

Fund Managers
user-avatar

Ashutosh Bhargava

Fund Manager

user-avatar

Kinjal Desai

Fund Manager

user-avatar

Rupesh Patel

Fund Manager

calculator

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

build-long-item-wealth-img

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

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

₹ 21,676 cr

5

₹ 5,381 cr

5

₹ 5,380 cr

5

₹ 4,084 cr

5

₹ 3,456 cr

5

amc-icon

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 246,095 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,369 debt and 34 hybrid funds.

amc-img

  • tel-amc-about
    022-33031000
  • mail-amc-about
    customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.8%

    7%

    24.8%

    22.5%

    4.1%

    6.7%

    23.4%

    22.3%

    3.3%

    5.4%

    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 4-step 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.

    Fund Size

    Fund Size

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

    Sub-asset Class View

    Sub-asset Class View

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

    Fund Performance

    Fund 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.

    Fund Size

    Fund 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 Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    How to invest in best mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    grow money
    01

    Choose a plan

    Choose a plan to invest to start investing

    02

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund.

    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. Get started with your wealth creation without worry.

    testimonial image
    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    About Nippon India Tax Saver ELSS Fund (G)

    About Nippon India Tax Saver ELSS Fund (G)

    Nippon India Tax Saver ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 13.4% over a period of 16 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 Ashutosh Bhargava, Kinjal Desai, Rupesh Patel

    Nippon India Tax Saver ELSS Fund (G) 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 (G) NAV,AUM,Risk

    The Nippon India Tax Saver ELSS Fund (G) fund was launched on Sep 21, 2005. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-12-02 is ₹76.36. The total AUM (Asset Under Management) of the fund as of 03/12/2021 is ₹12445.801. The category risk of the Nippon India Tax Saver ELSS Fund (G) fund is Very High Risk. The fund charges 1.75 % as expense ratio.

    Nippon India Tax Saver ELSS Fund (G) Holdings

    The fund’s highest allocation is towards Equity and has invested 98.9% in this asset class. The top three holdings of the fund are , hdfc bank ltd , infosys ltd , icici bank ltd , reliance industries ltd , larsen & toubro ltd , state bank of india , housing development finance corp ltd , bharti airtel ltd , axis bank ltd , sun pharmaceuticals industries ltd , tata motors ltd , tata steel ltd , hindustan unilever ltd , hcl technologies ltd , linde india ltd , kotak mahindra bank ltd , ntpc ltd , sbi cards and payment services ltd ordinary shares , sbi life insurance company limited , dalmia bharat ltd , ultratech cement ltd , jindal steel & power ltd , tata consultancy services ltd , ksb ltd , bajaj finserv ltd , adani ports & special economic zone ltd , mahindra & mahindra financial services ltd , united spirits ltd , ashok leyland ltd , cholamandalam financial holdings ltd , tech mahindra ltd , triparty repo , sundaram clayton ltd , wheels india ltd , radico khaitan ltd , varun beverages ltd , bata india ltd , macrotech developers ltd , power finance corp ltd , hindalco industries ltd , aditya birla fashion and retail ltd , century textiles & industries ltd , knr constructions ltd , automotive axles ltd , polycab india ltd , icici lombard general insurance co ltd , hindustan aeronautics ltd ordinary shares , can fin homes ltd , orient cement ltd , cyient ltd , fsn e-commerce ventures limited , hathway cable & datacom ltd , bharti airtel ltd (partly paid rs.1.25) , housing development finance corporation limited (warrant) , havells india ltd

    Nippon India Tax Saver ELSS Fund (G) 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 (G) 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 S&P BSE 200 India TR INR

    Nippon India Tax Saver ELSS Fund (G) Review

    Nippon India Tax Saver ELSS Fund (G) 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 (G) has a score of 5 out of 5 Scipbox has rated this fund 4 out of 5 based on consistency of performance over various years / tenures.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.