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Fund Overview

Fund Size

Fund Size

₹15,026 Cr

Expense Ratio

Expense Ratio

1.03%

ISIN

ISIN

INF204K01L55

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Nippon India Tax Saver (ELSS) Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 5 months and 21 days, having been launched on 01-Jan-13.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹134.00, Assets Under Management (AUM) of 15026.04 Crores, and an expense ratio of 1.03%.
  • Nippon India Tax Saver (ELSS) Fund Direct Growth has given a CAGR return of 15.85% since inception.
  • The fund's asset allocation comprises around 99.52% in equities, 0.00% in debts, and 0.48% in cash & cash equivalents.
  • You can start investing in Nippon India Tax Saver (ELSS) 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

+44.95%

+38.32% (Cat Avg.)

3 Years

+23.11%

+19.68% (Cat Avg.)

5 Years

+18.21%

+19.34% (Cat Avg.)

10 Years

+13.83%

+15.61% (Cat Avg.)

Since Inception

+15.85%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity14,954.01 Cr99.52%
Others71.99 Cr0.48%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity1,098.63 Cr7.31%
HDFC Bank LtdEquity918.93 Cr6.12%
Infosys LtdEquity576.83 Cr3.84%
Axis Bank LtdEquity563.64 Cr3.75%
NTPC LtdEquity560.04 Cr3.73%
State Bank of IndiaEquity523.12 Cr3.48%
Larsen & Toubro LtdEquity505.55 Cr3.36%
Samvardhana Motherson International LtdEquity464.34 Cr3.09%
Reliance Industries LtdEquity457.73 Cr3.05%
Power Finance Corp LtdEquity393.96 Cr2.62%
TVS Holdings LtdEquity344.79 Cr2.29%
Bharti Airtel Ltd (Partly Paid Rs.1.25)Equity325.63 Cr2.17%
KSB LtdEquity308.64 Cr2.05%
Coal India LtdEquity307 Cr2.04%
Linde India LtdEquity299.66 Cr1.99%
Indian Hotels Co LtdEquity278.7 Cr1.85%
Macrotech Developers LtdEquity275.59 Cr1.83%
Jindal Steel & Power LtdEquity272.46 Cr1.81%
REC LtdEquity268.88 Cr1.79%
Tata Motors LtdEquity267.67 Cr1.78%
InterGlobe Aviation LtdEquity251.34 Cr1.67%
Avenue Supermarts LtdEquity249.04 Cr1.66%
ITC LtdEquity237.59 Cr1.58%
ICICI Lombard General Insurance Co LtdEquity237.11 Cr1.58%
Tata Power Co LtdEquity231.48 Cr1.54%
UltraTech Cement LtdEquity213.18 Cr1.42%
Gland Pharma LtdEquity202.42 Cr1.35%
SBI Life Insurance Company LimitedEquity201.03 Cr1.34%
United Spirits LtdEquity197.1 Cr1.31%
Sun Pharmaceuticals Industries LtdEquity197.07 Cr1.31%
Crompton Greaves Consumer Electricals LtdEquity196.13 Cr1.31%
Max Financial Services LtdEquity192.81 Cr1.28%
Zomato LtdEquity186.32 Cr1.24%
NLC India LtdEquity176.05 Cr1.17%
Radico Khaitan LtdEquity174.99 Cr1.16%
Ambuja Cements LtdEquity171.19 Cr1.14%
3M India LtdEquity162.25 Cr1.08%
Cholamandalam Financial Holdings LtdEquity160.59 Cr1.07%
Hero MotoCorp LtdEquity153.59 Cr1.02%
United Breweries LtdEquity148.83 Cr0.99%
Tata Consultancy Services LtdEquity146.84 Cr0.98%
Tata Consumer Products LtdEquity143.13 Cr0.95%
Union Bank of IndiaEquity143.01 Cr0.95%
Jio Financial Services LtdEquity137.74 Cr0.92%
Timken India LtdEquity137.1 Cr0.91%
PVR INOX LtdEquity130.91 Cr0.87%
Angel One Ltd Ordinary SharesEquity122.41 Cr0.81%
UTI Asset Management Co LtdEquity118.37 Cr0.79%
Automotive Axles LtdEquity111.54 Cr0.74%
Piramal Enterprises LtdEquity102.54 Cr0.68%
Wheels India LtdEquity99.62 Cr0.66%
Carborundum Universal LtdEquity95.6 Cr0.64%
BSE LtdEquity94.28 Cr0.63%
Astral LtdEquity83.87 Cr0.56%
Tatva Chintan Pharma Chem LtdEquity79.99 Cr0.53%
Apollo Hospitals Enterprise LtdEquity73.18 Cr0.49%
HealthCare Global Enterprises LtdEquity69.09 Cr0.46%
KNR Constructions LtdEquity66.74 Cr0.44%
Triparty RepoCash - Repurchase Agreement60.79 Cr0.40%
Sundaram Clayton LtdEquity46.13 Cr0.31%
Net Current AssetsCash10.84 Cr0.07%
Cash Margin - CcilCash - Collateral0.36 Cr0.00%
Sundaram - Clayton LimitedPreferred Stock0.03 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

68.76%

Mid Cap Stocks

14.81%

Small Cap Stocks

15.95%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services5,277.05 Cr35.12%
Consumer Cyclical2,102.69 Cr13.99%
Industrials1,657.24 Cr11.03%
Consumer Defensive1,150.69 Cr7.66%
Basic Materials1,036.49 Cr6.90%
Utilities967.57 Cr6.44%
Energy764.73 Cr5.09%
Technology723.67 Cr4.82%
Healthcare541.76 Cr3.61%
Communication Services456.53 Cr3.04%
Real Estate275.59 Cr1.83%

Risk & Performance Ratios

Standard Deviation

This fund

12.81%

Cat. avg.

12.52%

Lower the better

Sharpe Ratio

This fund

1.17

Cat. avg.

0.97

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.80

Higher the better

Fund Managers

RP

Rupesh Patel

Since July 2021

Ashutosh Bhargava

Ashutosh Bhargava

Since July 2020

KD

Kinjal Desai

Since May 2018

Additional Scheme Detailsas of 31st May 2024

ISININF204K01L55Expense Ratio1.03%Exit LoadNo ChargesFund Size₹15,026 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

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%₹4199.87 Cr38.0%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4199.87 Cr36.5%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹34895.64 Cr26.7%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3454.03 Cr34.1%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3454.03 Cr32.6%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹51.18 Cr42.4%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹51.18 Cr40.1%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹337.77 Cr57.6%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹337.77 Cr54.8%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1577.96 Cr27.6%

About the AMC

Total AUM

₹4,73,879 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.8%1.0%₹1560.73 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Low Risk

-0.0%₹2.90 Cr7.0%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---7.2%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.60 Cr7.2%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.4%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-7.5%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹162.14 Cr7.4%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹3.62 Cr7.0%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹58.29 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.78 Cr6.3%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-7.2%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹59.81 Cr7.4%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.16 Cr6.2%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-8.8%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹264.07 Cr7.2%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹15157.75 Cr8.5%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹1878.01 Cr8.3%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5462.71 Cr28.1%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.1%1.0%₹5697.01 Cr78.2%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4615.48 Cr7.2%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹27931.43 Cr58.3%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹31963.02 Cr52.3%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1877.33 Cr22.7%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7966.37 Cr7.7%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Nippon India Tax Saver (ELSS) Fund Direct Growth, as of 21-Jun-2024, is ₹134.00.
The fund has generated 44.95% over the last 1 year and 23.11% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.52% in equities, 0.00% in bonds, and 0.48% in cash and cash equivalents.
The fund managers responsible for Nippon India Tax Saver (ELSS) Fund Direct Growth are:-
  1. Rupesh Patel
  2. Ashutosh Bhargava
  3. Kinjal Desai