Navi ELSS Tax Saver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (19-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹67 Cr
Expense Ratio
0.37%
ISIN
INF959L01CD5
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
30 Dec 2015
About this fund
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹35.56, Assets Under Management (AUM) of 67.26 Crores, and an expense ratio of 0.37%.
- Navi ELSS Tax Saver Fund Direct Growth has given a CAGR return of 15.66% since inception.
- The fund's asset allocation comprises around 93.99% in equities, 0.00% in debts, and 6.01% in cash & cash equivalents.
- You can start investing in Navi ELSS Tax Saver Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+29.43%
+38.35% (Cat Avg.)
3 Years
+16.62%
+18.61% (Cat Avg.)
5 Years
+20.26%
+23.44% (Cat Avg.)
Since Inception
+15.66%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹63.22 Cr | 93.99% |
| Others | ₹4.04 Cr | 6.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | Cash | ₹4.04 Cr | 6.01% |
| HDFC Bank Ltd | Equity | ₹3.52 Cr | 5.23% |
| Reliance Industries Ltd | Equity | ₹2.8 Cr | 4.16% |
| Bharti Airtel Ltd | Equity | ₹2.54 Cr | 3.78% |
| Infosys Ltd | Equity | ₹2.53 Cr | 3.76% |
| SBI Life Insurance Co Ltd | Equity | ₹2.5 Cr | 3.71% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2.34 Cr | 3.48% |
| Persistent Systems Ltd | Equity | ₹2.28 Cr | 3.38% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.91 Cr | 2.84% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹1.9 Cr | 2.82% |
| Tata Motors Ltd | Equity | ₹1.89 Cr | 2.81% |
| Hindustan Unilever Ltd | Equity | ₹1.78 Cr | 2.64% |
| Tata Consumer Products Ltd | Equity | ₹1.74 Cr | 2.59% |
| Tata Consultancy Services Ltd | Equity | ₹1.71 Cr | 2.55% |
| State Bank of India | Equity | ₹1.71 Cr | 2.55% |
| ICICI Bank Ltd | Equity | ₹1.67 Cr | 2.49% |
| UPL Ltd | Equity | ₹1.62 Cr | 2.40% |
| Axis Bank Ltd | Equity | ₹1.59 Cr | 2.36% |
| Vedant Fashions Ltd | Equity | ₹1.5 Cr | 2.23% |
| The Federal Bank Ltd | Equity | ₹1.5 Cr | 2.23% |
| Ashok Leyland Ltd | Equity | ₹1.48 Cr | 2.20% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹1.47 Cr | 2.18% |
| UNO Minda Ltd | Equity | ₹1.41 Cr | 2.09% |
| Zydus Lifesciences Ltd | Equity | ₹1.26 Cr | 1.87% |
| Wipro Ltd | Equity | ₹1.24 Cr | 1.84% |
| Escorts Kubota Ltd | Equity | ₹1.16 Cr | 1.72% |
| United Spirits Ltd | Equity | ₹1.11 Cr | 1.64% |
| Cipla Ltd | Equity | ₹1.08 Cr | 1.60% |
| Marico Ltd | Equity | ₹1.07 Cr | 1.59% |
| Ideaforge Technology Ltd | Equity | ₹1.01 Cr | 1.50% |
| IndusInd Bank Ltd | Equity | ₹1 Cr | 1.48% |
| Eureka Forbes Ltd | Equity | ₹0.98 Cr | 1.46% |
| Poonawalla Fincorp Ltd | Equity | ₹0.97 Cr | 1.44% |
| InterGlobe Aviation Ltd | Equity | ₹0.97 Cr | 1.44% |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Equity | ₹0.94 Cr | 1.40% |
| Shriram Finance Ltd | Equity | ₹0.9 Cr | 1.33% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹0.82 Cr | 1.22% |
| JK Paper Ltd | Equity | ₹0.78 Cr | 1.16% |
| Avenue Supermarts Ltd | Equity | ₹0.74 Cr | 1.10% |
| MM Forgings Ltd | Equity | ₹0.66 Cr | 0.98% |
| Apollo Pipes Ltd | Equity | ₹0.52 Cr | 0.77% |
| TCI Express Ltd | Equity | ₹0.5 Cr | 0.75% |
| Fusion Finance Ltd | Equity | ₹0.42 Cr | 0.62% |
| Jio Financial Services Ltd | Equity | ₹0.41 Cr | 0.61% |
| Cyient Ltd | Equity | ₹0.4 Cr | 0.59% |
| Zen Technologies Ltd | Equity | ₹0.34 Cr | 0.50% |
| Suprajit Engineering Ltd | Equity | ₹0.26 Cr | 0.39% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.22 Cr | 0.32% |
| Valiant organics Ltd | Equity | ₹0.12 Cr | 0.18% |
Allocation By Market Cap (Equity)
Large Cap Stocks
57.90%
Mid Cap Stocks
25.79%
Small Cap Stocks
10.30%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹18.46 Cr | 27.45% |
| Technology | ₹8.76 Cr | 13.03% |
| Industrials | ₹8.36 Cr | 12.42% |
| Consumer Defensive | ₹6.43 Cr | 9.56% |
| Healthcare | ₹6.15 Cr | 9.14% |
| Consumer Cyclical | ₹6.04 Cr | 8.98% |
| Basic Materials | ₹3.46 Cr | 5.14% |
| Energy | ₹2.8 Cr | 4.16% |
| Communication Services | ₹2.76 Cr | 4.10% |
Risk & Performance Ratios
Standard Deviation
This fund
12.66%
Cat. avg.
12.72%
Lower the better
Sharpe Ratio
This fund
0.91
Cat. avg.
1.02
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.94
Higher the better
Fund Managers
Aditya Mulki
Since March 2022
Ashutosh Shirwaikar
Since August 2023
Additional Scheme Detailsas of 31st August 2024
ISIN | INF959L01CD5 | Expense Ratio | 0.37% | Exit Load | No Charges | Fund Size | ₹67 Cr | Age | 30 Dec 2015 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar ELSS (Tax Savings) Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4806.05 Cr | 37.2% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4806.05 Cr | 35.6% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹38422.94 Cr | 35.1% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4152.25 Cr | 34.9% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4152.25 Cr | 33.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹56.61 Cr | 39.4% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹56.61 Cr | 37.1% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹398.29 Cr | 56.8% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹398.29 Cr | 54.0% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1673.99 Cr | 26.9% |
About the AMC
Total AUM
₹6,712 Cr
Address
3rd Floor, Kolkata, 700 069
Other Funds by Navi Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the Navi ELSS Tax Saver Fund Direct Growth?
- Aditya Mulki
- Ashutosh Shirwaikar
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