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  • 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

92.5253

NAV (Sep 25)

10.8%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in tax saving mutual funds.

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).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

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

92.5253

NAV (Sep 25)

Fund Returns

Last 1Y
17.9%
Last 3Y
28.2%
Last 5Y
10.8%
Last 10Y
16.1%
Since Inception
13.1%
6 Month CAGR
22.1%

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

Expense Ratio
1.72
Launched (18y ago)
Sep 21, 2005
AUM in Crores
12543.761
ISIN
INF204K01GK4
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
15.2
Standard Deviation (5yr)
21.8
Beta (3yr)
1.02
Beta (5yr)
1.08
Sharpe Ratio (3yr)
1.287
Sharpe Ratio (5yr)
0.277
YTM
0
Fund Managers

Ashutosh Bhargava

Fund Manager

Kinjal Desai

Fund Manager

Rupesh Patel

Fund Manager

Akshay Sharma

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Tax Saver ELSS Fund (Growth)70%9,54,750 2,22,13810.8%
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.

Asset allocation and Holdings

Last updated on 2023-09-25

Top Stock Holdings

hdfc bank ltd

8.8%
8.8%

icici bank ltd

7.9%
7.9%

infosys ltd

5%
5%

axis bank ltd

4.5%
4.5%

state bank of india

3.8%
3.8%
See all holdings

Allocation by Sector

financial services

35.4%
35.4%

consumer cyclical

12.4%
12.4%

industrials

9.8%
9.8%

consumer defensive

9.1%
9.1%

basic materials

8.9%
8.9%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset Tax Saver Fund (G)
Mirae Asset Tax Saver Fund (G)

₹ 17,630 cr

₹ 11,197 cr

₹ 11,862 cr

₹ 10,089 cr

₹ 9,392 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 293,057 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,377 debt and 32 hybrid funds.amc-img
022-33031000
customer_care@reliancemutual.com
Fund NameScripbox Opinion
Till Date CAGR

4.7%

6.8%

4.7%

6.6%

4.7%

5.6%

4.7%

6.6%

4.7%

5.6%

Nippon India Tax Saver ELSS Fund (G) Review

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).

Frequently Asked Questions

What is Nippon India Tax Saver ELSS Fund (G)?

Nippon India Tax Saver ELSS 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 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.