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Fund Overview

Fund Size

Fund Size

₹176 Cr

Expense Ratio

Expense Ratio

2.33%

ISIN

ISIN

INF0J8L01099

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 Regular Growth is a ELSS (Tax Savings) mutual fund schemes offered by NJ Mutual Fund. This fund has been in existence for 9 months and 26 days, having been launched on 19-Jun-23.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹13.53, Assets Under Management (AUM) of 175.74 Crores, and an expense ratio of 2.33%.
  • NJ ELSS Tax Saver Scheme Regular Growth has given a CAGR return of 35.03% since inception.
  • The fund's asset allocation comprises around 97.85% in equities, 0.00% in debts, and 2.15% in cash & cash equivalents.
  • You can start investing in NJ ELSS Tax Saver Scheme Regular 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.

Since Inception

+35.03%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity171.96 Cr97.85%
Others3.78 Cr2.15%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Bajaj Auto LtdEquity10.69 Cr5.81%
Hindustan Aeronautics Ltd Ordinary SharesEquity10.21 Cr5.55%
Bharat Electronics LtdEquity8.62 Cr4.69%
Nippon Life India Asset Management Ltd Ordinary SharesEquity8.5 Cr4.62%
HDFC Asset Management Co LtdEquity8.39 Cr4.56%
Power Grid Corp Of India LtdEquity8.2 Cr4.46%
Sonata Software LtdEquity8.08 Cr4.39%
Colgate-Palmolive (India) LtdEquity8 Cr4.35%
Mahanagar Gas LtdEquity7.85 Cr4.26%
CRISIL LtdEquity7.64 Cr4.15%
HCL Technologies LtdEquity7.4 Cr4.02%
L&T Technology Services LtdEquity7.09 Cr3.85%
ICICI Securities LtdEquity6.93 Cr3.77%
Abbott India LtdEquity6.92 Cr3.76%
Tata Consultancy Services LtdEquity6.5 Cr3.53%
Britannia Industries LtdEquity6.41 Cr3.48%
Coforge LtdEquity6.38 Cr3.47%
Tata Elxsi LtdEquity6.37 Cr3.46%
Infosys LtdEquity6.18 Cr3.36%
Mphasis LtdEquity5.95 Cr3.23%
Bayer CropScience LtdEquity5.82 Cr3.16%
ITC LtdEquity5.71 Cr3.10%
LTIMindtree LtdEquity5.61 Cr3.05%
Asian Paints LtdEquity5.33 Cr2.90%
Marico LtdEquity5.24 Cr2.85%
Clearing Corporation Of India LtdCash - Repurchase Agreement2.4 Cr1.30%
Net Receivables / (Payables)Cash1.55 Cr0.84%

Allocation By Market Cap (Equity)

Large Cap Stocks

46.80%

Mid Cap Stocks

34.01%

Small Cap Stocks

17.05%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Technology59.56 Cr32.37%
Financial Services31.47 Cr17.10%
Consumer Defensive25.35 Cr13.78%
Industrials18.83 Cr10.24%
Utilities16.05 Cr8.72%
Basic Materials11.15 Cr6.06%
Consumer Cyclical10.69 Cr5.81%
Healthcare6.92 Cr3.76%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

12.78%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

1.01

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.93

Higher the better

Fund Managers

VS

Viral Shah

Since June 2023

DP

Dhaval Patel

Since June 2023

Additional Scheme Detailsas of 31st March 2024

ISININF0J8L01099Expense Ratio2.33%Exit LoadNo ChargesFund Size₹176 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%₹4016.44 Cr35.9%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4016.44 Cr34.4%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35473.88 Cr38.2%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹3174.82 Cr34.5%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.8%0.0%₹3174.82 Cr33.0%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹47.16 Cr40.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.5%0.0%₹47.16 Cr37.9%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹279.40 Cr55.7%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹279.40 Cr52.9%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1603.92 Cr29.9%

About the AMC

Total AUM

₹5,650 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

0.3%1.0%₹999.42 Cr-
NJ Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹140.14 Cr6.8%
NJ Arbitrage Fund Direct Growth

Low Risk

0.3%1.0%₹358.44 Cr7.9%
NJ Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹3976.53 Cr32.4%
NJ ELSS Tax Saver Scheme Direct Growth

Very High Risk

0.5%0.0%₹175.74 Cr-

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 Regular Growth, as of 12-Apr-2024, is ₹13.53.
The fund's allocation of assets is distributed as 97.85% in equities, 0.00% in bonds, and 2.15% in cash and cash equivalents.
The fund managers responsible for NJ ELSS Tax Saver Scheme Regular Growth are:-
  1. Viral Shah
  2. Dhaval Patel