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Fund Overview

Fund Size

Fund Size

₹197 Cr

Expense Ratio

Expense Ratio

0.49%

ISIN

ISIN

INF0J8L01115

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

19 Jun 2023

About this fund

NJ ELSS Tax Saver Scheme Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by NJ Mutual Fund. This fund has been in existence for 1 years and 3 days, having been launched on 19-Jun-23.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹14.70, Assets Under Management (AUM) of 197.31 Crores, and an expense ratio of 0.49%.
  • NJ ELSS Tax Saver Scheme Direct Growth has given a CAGR return of 46.29% since inception.
  • The fund's asset allocation comprises around 99.36% in equities, 0.00% in debts, and 0.64% 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

+47.00%

+38.32% (Cat Avg.)

Since Inception

+46.29%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity196.05 Cr99.36%
Others1.26 Cr0.64%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Hindustan Aeronautics Ltd Ordinary SharesEquity16.24 Cr8.23%
Bharat Electronics LtdEquity13.48 Cr6.83%
Nippon Life India Asset Management Ltd Ordinary SharesEquity11.49 Cr5.83%
Bajaj Auto LtdEquity11.31 Cr5.73%
Power Grid Corp Of India LtdEquity9.78 Cr4.96%
HDFC Asset Management Co LtdEquity9.24 Cr4.68%
Colgate-Palmolive (India) LtdEquity8.34 Cr4.23%
Mahanagar Gas LtdEquity7.95 Cr4.03%
ICICI Securities LtdEquity7.25 Cr3.67%
Britannia Industries LtdEquity7.19 Cr3.65%
Abbott India LtdEquity7.04 Cr3.57%
HCL Technologies LtdEquity6.76 Cr3.42%
Marico LtdEquity6.68 Cr3.39%
CRISIL LtdEquity6.59 Cr3.34%
Tata Consultancy Services LtdEquity6.55 Cr3.32%
L&T Technology Services LtdEquity6.18 Cr3.13%
Infosys LtdEquity6.17 Cr3.13%
Sonata Software LtdEquity6.14 Cr3.11%
Coforge LtdEquity6.14 Cr3.11%
Tata Elxsi LtdEquity6.06 Cr3.07%
Mphasis LtdEquity6.05 Cr3.07%
ITC LtdEquity6.04 Cr3.06%
Bayer CropScience LtdEquity5.93 Cr3.01%
Asian Paints LtdEquity5.74 Cr2.91%
LTIMindtree LtdEquity5.69 Cr2.88%
Clearing Corporation Of India LtdCash - Repurchase Agreement1.1 Cr0.56%
Net Receivables / (Payables)Cash0.16 Cr0.08%

Allocation By Market Cap (Equity)

Large Cap Stocks

51.52%

Mid Cap Stocks

37.03%

Small Cap Stocks

10.81%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Technology55.74 Cr28.25%
Financial Services34.57 Cr17.52%
Industrials29.72 Cr15.06%
Consumer Defensive28.26 Cr14.32%
Utilities17.73 Cr8.98%
Basic Materials11.68 Cr5.92%
Consumer Cyclical11.31 Cr5.73%
Healthcare7.04 Cr3.57%

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

VS

Viral Shah

Since June 2023

DP

Dhaval Patel

Since June 2023

Additional Scheme Detailsas of 31st May 2024

ISININF0J8L01115Expense Ratio0.49%Exit LoadNo ChargesFund Size₹197 CrAge19 Jun 2023Lumpsum 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

₹5,832 Cr

Address

Unit No. 101A, 1st Floor, Mumbai, 400051

Other Funds by NJ Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
NJ Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹1249.88 Cr-
NJ Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹176.15 Cr6.8%
NJ Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹413.71 Cr8.2%
NJ Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹3860.71 Cr29.6%
NJ ELSS Tax Saver Scheme Direct Growth

Very High Risk

0.5%0.0%₹197.31 Cr47.0%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of NJ ELSS Tax Saver Scheme Direct Growth, as of 21-Jun-2024, is ₹14.70.
The fund's allocation of assets is distributed as 99.36% in equities, 0.00% in bonds, and 0.64% in cash and cash equivalents.
The fund managers responsible for NJ ELSS Tax Saver Scheme Direct Growth are:-
  1. Viral Shah
  2. Dhaval Patel