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Nippon India Tax Saver (elss) Fund

Nippon India Tax Saver (elss) Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

15.27

as on 30 Sep 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,323 today.

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NAV Performance

Nippon India Tax Saver (elss) Fund performance graph for last 3 years
Performance of Nippon India Tax Saver (elss) Fund for last 3 Years

Fund Information

  • ₹ 77.342

    as on 30 Sep 2022
  • Regular - Growth

  • 23 / 37

  • ₹ 500

  • ₹ 11,885 Cr.

    as on 31 Dec 2021
  • 1.89%

  • 02 Jan 2013

  • Equity - ELSS

  • Nifty 500 TRI

  • Nippon India Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

Nippon India Tax Saver (elss) Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Equity funds offered by Nippon India Mutual Fund.

Latest NAV of the fund is ₹ 77.342 as on 30 Sep 2022.

This fund has 9 years of track record. Since 30 Nov 2021 expense ratio of this fund is 1.89%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

List of Fund Managers of Nippon India Tax Saver (elss) Fund

  • About Ashutosh Bhargava

    Picture of Ashutosh BhargavaAshutosh Bhargava is Head- Equity Research and Fund Manager at Reliance Nippon Life Asset Management Limited. He has over 14 years of post MBA work experience in investment research. He is working with Reliance for nearly 12 years now. Prior to that, he has worked as an analyst for over 2 years at JP Morgan in their "Global Economics Team" based out of Mumbai. He specializes in macro and rule based investment strategies. Ashutosh has done an MBA in Finance from NMIMS (Deemed University), Mumbai.
  • About Rupesh Patel

    Picture of Rupesh Patel

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.89% 17.01% 5.58% 17.83% 45.09% 38.30% 22.21% 20.26% 17.48% 30.15% 41.13% 30.55% 23.75%
Category Average -2.26% 10.42% 0.22% -0.39% 25.98% 16.59% 11.13% 14.49% 2.53% 12.45% 18.52% 14.35% 13.95%
Nippon India Tax Saver (elss) Fund -2.68%₹ 9,731 10.74%₹ 11,073 0.11%₹ 10,010 0.76%₹ 10,075 3.86%₹ 12,249 31.89%₹ 17,394 15.78%₹ 28,057 15.27%₹ 15,323 19.95%₹ 48,249 5.19%₹ 12,879 11.87%₹ 80,859 12.76%₹ 33,268 11.14%₹ 2,14,096
DSP Tax Saver Fund -2.15%₹ 9,784 9.92%₹ 10,991 0.40%₹ 10,040 -1.56%₹ 9,843 1.94%₹ 12,126 29.37%₹ 16,737 13.36%₹ 27,422 17.58%₹ 16,264 19.73%₹ 48,100 12.58%₹ 18,087 16.10%₹ 89,755 16.43%₹ 45,858 15.60%₹ 2,71,839
Mirae Asset Tax Saver Fund -3.10%₹ 9,689 8.24%₹ 10,823 -1.60%₹ 9,839 -3.27%₹ 9,673 -1.68%₹ 11,891 26.07%₹ 15,893 10.63%₹ 26,710 19.33%₹ 16,999 19.08%₹ 47,664 14.54%₹ 19,733 16.62%₹ 90,917 - -
Quant Tax Plan 0.89%₹ 10,088 17.01%₹ 11,701 5.44%₹ 10,544 12.37%₹ 11,236 17.48%₹ 13,108 45.09%₹ 21,050 30.15%₹ 31,948 38.30%₹ 26,478 41.13%₹ 64,006 22.21%₹ 27,290 30.55%₹ 1,27,149 20.26%₹ 63,421 23.75%₹ 4,22,215
BOI AXA Tax Advantage Fund -0.82%₹ 9,917 13.77%₹ 11,377 0.30%₹ 10,029 -2.57%₹ 9,743 3.01%₹ 12,195 27.10%₹ 16,155 13.45%₹ 27,446 23.34%₹ 18,776 21.90%₹ 49,582 14.43%₹ 19,635 18.41%₹ 94,981 15.81%₹ 43,453 16.26%₹ 2,81,663
Canara Robeco Equity Tax Saver Fund -2.62%₹ 9,738 11.77%₹ 11,177 0.91%₹ 10,090 -0.62%₹ 9,938 2.59%₹ 12,168 25.80%₹ 15,826 12.69%₹ 27,245 20.48%₹ 17,498 20.24%₹ 48,445 15.63%₹ 20,686 17.71%₹ 93,365 15.06%₹ 40,732 15.55%₹ 2,71,071

Portfolio Holdings

Portfolio holdings pattern of Nippon India Tax Saver (elss) Fund as on 02 Oct 2022 are listed below:

  • Equity Holdings:

    98.92%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.08%

Top Sector Holdings of Nippon India Tax Saver (elss) Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 23.80% ₹ 2,862.01 Cr.
Computers - Software 11.27% ₹ 1,355.05 Cr.
NBFC 5.65% ₹ 680.72 Cr.
Refineries/Marketing 5.51% ₹ 663.08 Cr.
Cement 4.13% ₹ 496.46 Cr.
Others 49.64% -

Top Stock Holdings of Nippon India Tax Saver (elss) Fund

Name of StocksHolding PercentageHolding Values in Crore
Infosys Ltd. 7.85% ₹ 943.88 Cr.
HDFC Bank Ltd. 7.63% ₹ 917.23 Cr.
ICICI Bank Ltd. 6.77% ₹ 814.17 Cr.
Reliance Industries Ltd. 5.51% ₹ 663.08 Cr.
State Bank Of India 3.83% ₹ 460.45 Cr.
Others 68.41% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.02%
Warrants 0.13%
Margin 0.00%
Net Receivables -0.07%