NJ ELSS Tax Saver Scheme Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹217 Cr
Expense Ratio
0.49%
ISIN
INF0J8L01115
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
19 Jun 2023
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹15.55, Assets Under Management (AUM) of 216.95 Crores, and an expense ratio of 0.49%.
- NJ ELSS Tax Saver Scheme Direct Growth has given a CAGR return of 49.08% since inception.
- The fund's asset allocation comprises around 99.08% in equities, 0.00% in debts, and 0.92% in cash & cash equivalents.
- You can start investing in NJ ELSS Tax Saver Scheme 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
+48.66%
+37.41% (Cat Avg.)
Since Inception
+49.08%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹214.95 Cr | 99.08% |
| Others | ₹2 Cr | 0.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹17.5 Cr | 8.07% |
| Bharat Electronics Ltd | Equity | ₹14.19 Cr | 6.54% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹12.6 Cr | 5.81% |
| Bajaj Auto Ltd | Equity | ₹12.03 Cr | 5.54% |
| Power Grid Corp Of India Ltd | Equity | ₹10.62 Cr | 4.90% |
| Mahanagar Gas Ltd | Equity | ₹9.95 Cr | 4.59% |
| HDFC Asset Management Co Ltd | Equity | ₹9.68 Cr | 4.46% |
| Colgate-Palmolive (India) Ltd | Equity | ₹9.09 Cr | 4.19% |
| Bayer CropScience Ltd | Equity | ₹8.06 Cr | 3.71% |
| ICICI Securities Ltd | Equity | ₹7.82 Cr | 3.60% |
| Britannia Industries Ltd | Equity | ₹7.74 Cr | 3.57% |
| Abbott India Ltd | Equity | ₹7.64 Cr | 3.52% |
| HCL Technologies Ltd | Equity | ₹7.58 Cr | 3.49% |
| Sonata Software Ltd | Equity | ₹7.18 Cr | 3.31% |
| Tata Consultancy Services Ltd | Equity | ₹7.09 Cr | 3.27% |
| Marico Ltd | Equity | ₹7 Cr | 3.23% |
| Infosys Ltd | Equity | ₹7 Cr | 3.23% |
| CRISIL Ltd | Equity | ₹6.95 Cr | 3.20% |
| L&T Technology Services Ltd | Equity | ₹6.88 Cr | 3.17% |
| Coforge Ltd | Equity | ₹6.86 Cr | 3.16% |
| Mphasis Ltd | Equity | ₹6.63 Cr | 3.05% |
| LTIMindtree Ltd | Equity | ₹6.63 Cr | 3.05% |
| Tata Elxsi Ltd | Equity | ₹6.21 Cr | 2.86% |
| ITC Ltd | Equity | ₹6.13 Cr | 2.83% |
| Asian Paints Ltd | Equity | ₹5.92 Cr | 2.73% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹1.3 Cr | 0.60% |
| Net Receivables / (Payables) | Cash | ₹0.7 Cr | 0.32% |
Allocation By Market Cap (Equity)
Large Cap Stocks
50.43%
Mid Cap Stocks
37.14%
Small Cap Stocks
11.50%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Technology | ₹62.05 Cr | 28.60% |
| Financial Services | ₹37.04 Cr | 17.07% |
| Industrials | ₹31.69 Cr | 14.60% |
| Consumer Defensive | ₹29.96 Cr | 13.81% |
| Utilities | ₹20.58 Cr | 9.48% |
| Basic Materials | ₹13.98 Cr | 6.44% |
| Consumer Cyclical | ₹12.03 Cr | 5.54% |
| Healthcare | ₹7.64 Cr | 3.52% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
12.52%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.97
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.80
Higher the better
Fund Managers
Viral Shah
Since June 2023
Dhaval Patel
Since June 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF0J8L01115 | Expense Ratio | 0.49% | Exit Load | No Charges | Fund Size | ₹217 Cr | Age | 19 Jun 2023 | 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
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4551.18 Cr | 34.0% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4551.18 Cr | 32.5% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹37106.30 Cr | 29.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹3731.20 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹3731.20 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.22 Cr | 41.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.22 Cr | 39.5% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹363.38 Cr | 55.5% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹363.38 Cr | 52.7% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1649.12 Cr | 25.5% |
About the AMC
Total AUM
₹5,898 Cr
Address
Unit No. 101A, 1st Floor, Mumbai, 400051
Other Funds by NJ Mutual Fund
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| NJ Flexi Cap Fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹1424.14 Cr | - |
| NJ Overnight Fund Direct Growth Low Risk | 0.1% | 0.0% | ₹175.25 Cr | 6.8% |
| NJ Arbitrage Fund Direct Growth Low Risk | 0.3% | 0.0% | ₹386.55 Cr | 8.1% |
| NJ Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹3978.51 Cr | 33.2% |
| NJ ELSS Tax Saver Scheme Direct Growth Very High Risk | 0.5% | 0.0% | ₹216.95 Cr | 48.7% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of NJ ELSS Tax Saver Scheme Direct Growth?
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Who manages the NJ ELSS Tax Saver Scheme Direct Growth?
- Viral Shah
- Dhaval Patel
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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