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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

83.5707

NAV (Nov 30)

4.5%
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

Neutral

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

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

83.5707

NAV (Nov 30)

Fund Returns

Last 1Y

10.5%

Last 3Y

14.8%

Last 5Y

4.5%

Last 10Y

13.3%

Since Inception

13.1%

6 Month CAGR

15.1%

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

1.73

Launched (17y ago)

Sep 21, 2005

AUM in Crores

12051.944

ISIN

INF204K01GK4

Lock-in

3

Benchmark

IISL Nifty 500 TR INR

SIP Minimum

500

Lumpsum Min.

500

Standard Deviation (3yr)

24.4

Standard Deviation (5yr)

22.6

Beta (3yr)

1.05

Beta (5yr)

1.1

Sharpe Ratio (3yr)

0.492

Sharpe Ratio (5yr)

0.08

YTM

0

Fund Managers

Kinjal Desai

Fund Manager

Rupesh Patel

Fund Manager

Ashutosh Bhargava

Fund Manager

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.

Asset allocation and Holdings

Last updated on 2022-11-30

Top Stock Holdings

icici bank ltd

8.3%
8.3%

hdfc bank ltd

7.8%
7.8%

infosys ltd

6.1%
6.1%

axis bank ltd

5%
5%

state bank of india

4.8%
4.8%
See all holdings

Allocation by Sector

financial services

39%
39%

consumer cyclical

10.8%
10.8%

basic materials

9.7%
9.7%

industrials

9.7%
9.7%

consumer defensive

6.3%
6.3%
See all sectors

Compare Nippon India Tax Saver ELSS Fund (Growth)

Fund NameFund SizeOutperformance Consistency
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,865 cr

₹ 10,427 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 249,383 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,374 debt and 32 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    20.6%

    15.9%

    4%

    6.8%

    3.9%

    6.6%

    20.2%

    17.8%

    3.9%

    5.5%

    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 17 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.

    Nav of Nippon India Tax Saver ELSS Fund (G) as of 11/30/2022 is ₹83.57 with the total AUM as of 12/1/2022 is ₹12051.944. 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 2 fund in Equity and delivered 10.5% 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 stocks 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 1.73% for regular plan.