Fund Performance
Lumpsum
SIP
28.29
as on 29 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 21,145 today.
NAV Performance
Fund Information
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₹ 75.944
as on 29 Mar 2023 -
Regular - Growth
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23 / 37
-
₹ 500
-
₹ 11,885 Cr.
as on 31 Dec 2021 -
1.89%
-
02 Jan 2013
-
Nifty 500 TRI
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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 ₹ 75.944 as on 29 Mar 2023.
This fund has 10 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
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About Ashutosh Bhargava
Ashutosh 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.
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About 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 | -0.02% | -1.30% | 5.08% | 17.83% | 32.94% | 48.96% | 20.20% | 21.31% | 6.22% | 8.84% | 23.49% | 24.08% | 20.84% |
| Category Average | -1.58% | -5.48% | -0.44% | -0.01% | 10.32% | 26.25% | 9.96% | 14.37% | -2.24% | 1.42% | 12.19% | 11.74% | 12.15% |
| Nippon India Tax Saver (elss) Fund | -1.60%₹ 9,839 | -6.96%₹ 9,304 | -0.01%₹ 9,999 | -0.62%₹ 9,938 | -3.00%₹ 11,805 | 11.04%₹ 12,340 | 2.34%₹ 24,585 | 28.29%₹ 21,145 | 14.59%₹ 44,697 | 5.39%₹ 13,003 | 10.61%₹ 78,322 | 13.48%₹ 35,456 | 9.57%₹ 1,96,913 |
| DSP Tax Saver Fund | -2.14%₹ 9,786 | -6.09%₹ 9,390 | -0.06%₹ 9,993 | -0.36%₹ 9,964 | -2.80%₹ 11,818 | 10.73%₹ 12,271 | 1.27%₹ 24,318 | 28.94%₹ 21,465 | 13.42%₹ 43,950 | 12.09%₹ 17,708 | 13.53%₹ 84,210 | 16.27%₹ 45,211 | 13.89%₹ 2,47,793 |
| Mirae Asset Tax Saver Fund | -1.47%₹ 9,852 | -5.17%₹ 9,483 | 0.55%₹ 10,055 | -1.49%₹ 9,851 | -3.15%₹ 11,795 | 8.93%₹ 11,874 | 0.42%₹ 24,104 | 29.46%₹ 21,725 | 12.65%₹ 43,469 | 13.76%₹ 19,069 | 13.92%₹ 85,021 | - | - |
| Quant Tax Plan | -0.02%₹ 9,998 | -10.01%₹ 8,998 | -6.26%₹ 9,373 | -1.80%₹ 9,819 | -6.83%₹ 11,554 | 19.71%₹ 14,352 | 3.64%₹ 24,912 | 48.96%₹ 33,121 | 23.49%₹ 50,630 | 20.20%₹ 25,114 | 24.08%₹ 1,08,881 | 21.31%₹ 69,112 | 20.84%₹ 3,60,313 |
| BOI AXA Tax Advantage Fund | -0.98%₹ 9,901 | -5.99%₹ 9,401 | -0.42%₹ 9,958 | -0.73%₹ 9,927 | -0.90%₹ 11,942 | 11.42%₹ 12,424 | 1.25%₹ 24,313 | 28.63%₹ 21,310 | 13.48%₹ 43,987 | 11.93%₹ 17,578 | 15.50%₹ 88,381 | 15.94%₹ 43,931 | 14.53%₹ 2,56,460 |
| Canara Robeco Equity Tax Saver Fund | -1.51%₹ 9,849 | -5.55%₹ 9,445 | -1.37%₹ 9,862 | -0.98%₹ 9,902 | -3.12%₹ 11,797 | 9.34%₹ 11,964 | 0.56%₹ 24,138 | 27.14%₹ 20,577 | 12.07%₹ 43,102 | 13.99%₹ 19,258 | 13.97%₹ 85,114 | 14.82%₹ 39,870 | 13.76%₹ 2,46,086 |
Portfolio Holdings
Top Sector Holdings of Nippon India Tax Saver (elss) Fund
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 1.02% |
| Warrants | 0.13% |
| Margin | 0.00% |
| Net Receivables | -0.07% |