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Fund Overview

Fund Size

Fund Size

₹50 Cr

Expense Ratio

Expense Ratio

0.10%

ISIN

ISIN

INF959L01GR6

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

21 Mar 2023

About this fund

Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Navi Mutual Fund. This fund has been in existence for 1 years, 1 months and 27 days, having been launched on 21-Mar-23.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹13.35, Assets Under Management (AUM) of 49.90 Crores, and an expense ratio of 0.1%.
  • Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth has given a CAGR return of 27.56% since inception.
  • The fund's asset allocation comprises around 99.96% in equities, 0.00% in debts, and 0.04% in cash & cash equivalents.
  • You can start investing in Navi ELSS Tax Saver Nifty 50 Index 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

+24.50%

+36.06% (Cat Avg.)

Since Inception

+27.56%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Equity49.88 Cr99.96%
Others0.02 Cr0.04%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity5.73 Cr11.47%
Reliance Industries LtdEquity4.97 Cr9.96%
ICICI Bank LtdEquity4.05 Cr8.11%
Infosys LtdEquity2.54 Cr5.09%
Larsen & Toubro LtdEquity2.13 Cr4.26%
Tata Consultancy Services LtdEquity1.94 Cr3.88%
ITC LtdEquity1.93 Cr3.87%
Bharti Airtel LtdEquity1.72 Cr3.45%
Axis Bank LtdEquity1.66 Cr3.32%
State Bank of IndiaEquity1.59 Cr3.18%
Kotak Mahindra Bank LtdEquity1.2 Cr2.40%
Mahindra & Mahindra LtdEquity1.03 Cr2.07%
Hindustan Unilever LtdEquity1 Cr2.00%
Bajaj Finance LtdEquity0.97 Cr1.94%
Tata Motors LtdEquity0.89 Cr1.78%
NTPC LtdEquity0.86 Cr1.73%
Maruti Suzuki India LtdEquity0.85 Cr1.70%
Sun Pharmaceuticals Industries LtdEquity0.81 Cr1.63%
Titan Co LtdEquity0.75 Cr1.50%
HCL Technologies LtdEquity0.72 Cr1.45%
Power Grid Corp Of India LtdEquity0.69 Cr1.38%
Tata Steel LtdEquity0.68 Cr1.36%
Asian Paints LtdEquity0.65 Cr1.30%
UltraTech Cement LtdEquity0.58 Cr1.15%
Oil & Natural Gas Corp LtdEquity0.55 Cr1.11%
Coal India LtdEquity0.52 Cr1.04%
Bajaj Auto LtdEquity0.5 Cr1.01%
IndusInd Bank LtdEquity0.5 Cr1.01%
Adani Ports & Special Economic Zone LtdEquity0.49 Cr0.98%
Hindalco Industries LtdEquity0.47 Cr0.94%
Nestle India LtdEquity0.45 Cr0.90%
Grasim Industries LtdEquity0.45 Cr0.89%
Bajaj Finserv LtdEquity0.44 Cr0.88%
JSW Steel LtdEquity0.42 Cr0.84%
Tech Mahindra LtdEquity0.4 Cr0.80%
Adani Enterprises LtdEquity0.4 Cr0.80%
Dr Reddy's Laboratories LtdEquity0.38 Cr0.76%
Cipla LtdEquity0.37 Cr0.74%
Shriram Finance LtdEquity0.36 Cr0.71%
Tata Consumer Products LtdEquity0.35 Cr0.70%
Wipro LtdEquity0.33 Cr0.65%
SBI Life Insurance Company LimitedEquity0.32 Cr0.65%
Eicher Motors LtdEquity0.32 Cr0.63%
HDFC Life Insurance Company LimitedEquity0.31 Cr0.62%
Apollo Hospitals Enterprise LtdEquity0.3 Cr0.60%
Hero MotoCorp LtdEquity0.3 Cr0.59%
Bharat Petroleum Corp LtdEquity0.29 Cr0.58%
Britannia Industries LtdEquity0.28 Cr0.57%
Divi's Laboratories LtdEquity0.26 Cr0.51%
LTIMindtree LtdEquity0.22 Cr0.43%
Treps/Reverse Repo/Net Current Assets/Cash/Cash EquivalentCash0.02 Cr0.04%

Allocation By Market Cap (Equity)

Large Cap Stocks

99.24%

Mid Cap Stocks

0.71%

Small Cap Stocks

--

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services17.11 Cr34.28%
Energy6.73 Cr13.49%
Technology6.15 Cr12.32%
Consumer Cyclical4.64 Cr9.29%
Consumer Defensive4.01 Cr8.03%
Basic Materials3.24 Cr6.50%
Industrials2.62 Cr5.24%
Healthcare2.11 Cr4.24%
Communication Services1.72 Cr3.45%
Utilities1.55 Cr3.11%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

12.86%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

1.10

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

2.10

Higher the better

Fund Managers

Aditya Mulki

Aditya Mulki

Since March 2023

Ashutosh Shirwaikar

Ashutosh Shirwaikar

Since December 2023

Additional Scheme Detailsas of 30th April 2024

ISININF959L01GR6Expense Ratio0.10%Exit LoadNo ChargesFund Size₹50 CrAge21 Mar 2023Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 TRI TR IDR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4196.77 Cr33.7%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4196.77 Cr32.2%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35641.94 Cr30.8%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹3360.61 Cr33.3%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.8%0.0%₹3360.61 Cr31.8%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹49.62 Cr41.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹49.62 Cr38.9%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹325.14 Cr58.0%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹325.14 Cr55.1%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1602.76 Cr26.6%

About the AMC

Total AUM

₹5,386 Cr

Address

3rd Floor, Kolkata, 700 069

Other Funds by Navi Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Navi S&P BSE Sensex Index Fund Direct Growth

Very High Risk

0.1%0.0%₹8.50 Cr-
Navi Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹92.37 Cr6.9%
Navi Regular Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹33.85 Cr11.4%
Navi NASDAQ 100 Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹889.98 Cr40.9%
Navi Nifty IT Index Fund Direct Growth

Very High Risk

-0.0%--
Navi Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹137.90 Cr56.8%
Navi Flexi Cap Fund Direct Growth

Very High Risk

0.4%0.0%₹251.26 Cr28.7%
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹49.90 Cr24.5%
Navi Equity Hybrid Fund Direct Growth

Very High Risk

0.4%0.0%₹103.50 Cr25.0%
Navi ELSS Tax Saver Fund Direct Growth

Very High Risk

0.4%0.0%₹61.69 Cr30.6%
Navi Nifty Bank Index Fund Direct Growth

Very High Risk

0.1%0.0%₹537.19 Cr10.7%
Navi Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹317.59 Cr64.5%
Navi Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹11.11 Cr-
Navi Large & Midcap Fund Direct Growth

Very High Risk

0.3%0.0%₹281.82 Cr27.9%
Navi Nifty India Manufacturing Index Fund Direct Growth

Very High Risk

0.1%0.0%₹30.47 Cr60.4%
Navi Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹1846.80 Cr24.7%
Navi US Total Stock Market Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹857.67 Cr32.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth, as of 17-May-2024, is ₹13.35.
The fund's allocation of assets is distributed as 99.96% in equities, 0.00% in bonds, and 0.04% in cash and cash equivalents.
The fund managers responsible for Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth are:-
  1. Aditya Mulki
  2. Ashutosh Shirwaikar