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  • Nippon India ELSS Tax Saver Fund (Growth)

Formerly Nippon India Tax Saver Gr

Nippon Mutual Fund

Nippon India ELSS Tax Saver Fund (Growth)

EquityTax Saving
Top Ranked

122.7014

NAV (Jun 14)

17.2%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within tax saving mutual funds.Save tax combined with inflation beating long term growth
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

122.7014

NAV (Jun 14)

Fund Returns

Last 1Y
45%
Last 3Y
21.8%
Last 5Y
17.1%
Last 10Y
13%
Since Inception
14.3%
6 Month CAGR
19.5%

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
1.7
Launched (19y ago)
Sep 21, 2005
AUM in Crores
15026.039
ISIN
INF204K01GK4
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
12.8
Standard Deviation (5yr)
21.2
Beta (3yr)
0.98
Beta (5yr)
1.07
Sharpe Ratio (3yr)
1.115
Sharpe Ratio (5yr)
0.553
YTM
0
Fund Managers

Kinjal Desai

Fund Manager

Rupesh Patel

Fund Manager

Ashutosh Bhargava

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India ELSS Tax Saver Fund (Growth)70%11,28,347 3,95,73517.2%
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 2024-06-14

Top Stock Holdings

icici bank ltd

7.3%
7.3%

hdfc bank ltd

6.1%
6.1%

infosys ltd

3.8%
3.8%

axis bank ltd

3.8%
3.8%

ntpc ltd

3.7%
3.7%
See all holdings

Allocation by Sector

financial services

35.1%
35.1%

consumer cyclical

14%
14%

industrials

11%
11%

consumer defensive

7.7%
7.7%

basic materials

6.9%
6.9%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP ELSS Tax Saver Fund (G)
DSP ELSS Tax Saver Fund (G)

₹ 15,161 cr

₹ 19,454 cr

₹ 22,620 cr

₹ 42,669 cr

₹ 63,933 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 380,402 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.7%

6.9%

5.7%

6.7%

5.7%

5.8%

5.7%

6.7%

5.7%

5.8%

Nippon India ELSS Tax Saver Fund (G) Review

Nippon India ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 14.3% over a period of 18 years. The fund was previously known as Nippon India Tax Saver Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Ashutosh Bhargava, Kinjal Desai, Rupesh Patel.

Nav of Nippon India ELSS Tax Saver Fund (G) as of 6/14/2024 is ₹122.70 with the total AUM as of 6/16/2024 is ₹15026.039. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India ELSS Tax Saver 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 ELSS Tax Saver 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 ELSS Tax Saver 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 Nifty 500 TR INR.

Nippon India ELSS Tax Saver Fund (G) is rated as a 4 fund in Equity and delivered 45% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India ELSS Tax Saver Fund (G).

Frequently Asked Questions

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

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

You can invest in Nippon India ELSS Tax Saver 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 ELSS Tax Saver Fund (G)?

The minimum sip amount for Nippon India ELSS Tax Saver Fund (G) is ₹500. You can invest in multiples of ₹500.

Is Nippon India ELSS Tax Saver Fund (G) good to invest in?

As per Scripbox experts, Nippon India ELSS Tax Saver Fund (G) is a Top Ranked fund. You can investNippon India ELSS Tax Saver 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 ELSS Tax Saver Fund (G)?

The expense ratio of the Nippon India ELSS Tax Saver Fund (G) is 1.7% for regular plan.