Navi ELSS Tax Saver Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹62 Cr
Expense Ratio
0.37%
ISIN
INF959L01CD5
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
30 Dec 2015
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹32.94, Assets Under Management (AUM) of 62.42 Crores, and an expense ratio of 0.37%.
- Navi ELSS Tax Saver Fund Direct Growth has given a CAGR return of 14.34% since inception.
- The fund's asset allocation comprises around 86.63% in equities, 0.00% in debts, and 13.37% in cash & cash equivalents.
- You can start investing in Navi ELSS Tax Saver Fund 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
+20.89%
+27.83% (Cat Avg.)
3 Years
+12.06%
+14.94% (Cat Avg.)
5 Years
+15.98%
+19.25% (Cat Avg.)
Since Inception
+14.34%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹54.07 Cr | 86.63% |
| Others | ₹8.34 Cr | 13.37% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | Cash | ₹6.34 Cr | 10.16% |
| HDFC Bank Ltd | Equity | ₹3.73 Cr | 5.98% |
| Bharti Airtel Ltd | Equity | ₹2.58 Cr | 4.13% |
| Reliance Industries Ltd | Equity | ₹2.47 Cr | 3.96% |
| Persistent Systems Ltd | Equity | ₹2.36 Cr | 3.79% |
| Infosys Ltd | Equity | ₹2.28 Cr | 3.66% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹2.24 Cr | 3.59% |
| SBI Life Insurance Co Ltd | Equity | ₹2.19 Cr | 3.51% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹2.12 Cr | 3.40% |
| Rec Limited | Bond - Corporate Bond | ₹2 Cr | 3.20% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.94 Cr | 3.11% |
| ICICI Bank Ltd | Equity | ₹1.76 Cr | 2.82% |
| State Bank of India | Equity | ₹1.72 Cr | 2.76% |
| Vedant Fashions Ltd | Equity | ₹1.68 Cr | 2.69% |
| Hindustan Unilever Ltd | Equity | ₹1.62 Cr | 2.59% |
| The Federal Bank Ltd | Equity | ₹1.57 Cr | 2.52% |
| Axis Bank Ltd | Equity | ₹1.57 Cr | 2.51% |
| UPL Ltd | Equity | ₹1.49 Cr | 2.39% |
| Tata Consultancy Services Ltd | Equity | ₹1.49 Cr | 2.39% |
| Tata Consumer Products Ltd | Equity | ₹1.45 Cr | 2.33% |
| Ashok Leyland Ltd | Equity | ₹1.2 Cr | 1.92% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹1.18 Cr | 1.89% |
| Deepak Fertilisers & Petrochemicals Corp Ltd | Equity | ₹1.13 Cr | 1.80% |
| Zydus Lifesciences Ltd | Equity | ₹1.12 Cr | 1.79% |
| Eureka Forbes Ltd | Equity | ₹1.1 Cr | 1.77% |
| United Spirits Ltd | Equity | ₹1.09 Cr | 1.74% |
| Marico Ltd | Equity | ₹1.06 Cr | 1.69% |
| Cipla Ltd | Equity | ₹1.01 Cr | 1.62% |
| Poonawalla Fincorp Ltd | Equity | ₹0.94 Cr | 1.50% |
| Shriram Finance Ltd | Equity | ₹0.88 Cr | 1.41% |
| InterGlobe Aviation Ltd | Equity | ₹0.81 Cr | 1.30% |
| JK Paper Ltd | Equity | ₹0.78 Cr | 1.26% |
| IndusInd Bank Ltd | Equity | ₹0.74 Cr | 1.18% |
| Bharat Heavy Electricals Ltd | Equity | ₹0.72 Cr | 1.15% |
| Star Health and Allied Insurance Co Ltd | Equity | ₹0.66 Cr | 1.05% |
| Avenue Supermarts Ltd | Equity | ₹0.59 Cr | 0.94% |
| MM Forgings Ltd | Equity | ₹0.54 Cr | 0.86% |
| Apollo Pipes Ltd | Equity | ₹0.46 Cr | 0.73% |
| TCI Express Ltd | Equity | ₹0.43 Cr | 0.70% |
| Jio Financial Services Ltd | Equity | ₹0.41 Cr | 0.66% |
| Zen Technologies Ltd | Equity | ₹0.38 Cr | 0.60% |
| Cyient Ltd | Equity | ₹0.37 Cr | 0.59% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹0.22 Cr | 0.35% |
Allocation By Market Cap (Equity)
Large Cap Stocks
55.29%
Mid Cap Stocks
18.45%
Small Cap Stocks
12.89%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹17.34 Cr | 27.78% |
| Industrials | ₹7.02 Cr | 11.25% |
| Healthcare | ₹6.31 Cr | 10.11% |
| Technology | ₹6.14 Cr | 9.84% |
| Consumer Defensive | ₹5.8 Cr | 9.30% |
| Basic Materials | ₹3.41 Cr | 5.46% |
| Communication Services | ₹2.8 Cr | 4.48% |
| Consumer Cyclical | ₹2.79 Cr | 4.46% |
| Energy | ₹2.47 Cr | 3.96% |
Risk & Performance Ratios
Standard Deviation
This fund
13.26%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.58
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
Aditya Mulki
Since March 2022
Ashutosh Shirwaikar
Since August 2023
Additional Scheme Detailsas of 31st October 2024
ISIN INF959L01CD5 | Expense Ratio 0.37% | Exit Load No Charges | Fund Size ₹62 Cr | Age 8 years 10 months | 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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% | ₹4680.10 Cr | 27.8% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4680.10 Cr | 26.4% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹36533.13 Cr | 23.7% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹4273.94 Cr | 26.8% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹4273.94 Cr | 25.4% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹54.03 Cr | 22.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.03 Cr | 20.8% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹388.48 Cr | 31.4% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹388.48 Cr | 29.1% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1559.54 Cr | 17.6% |
About the AMC
Navi Mutual Fund
Total AUM
₹7,258 Cr
Address
3rd Floor, Kolkata, 700 069
Other Funds by Navi Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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- Aditya Mulki
- Ashutosh Shirwaikar
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