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Nippon India Tax Saver (ELSS) Fund Direct Growth
EquityELSS (Tax Savings)Very High Risk
Direct
NAV (21-Nov-24)
₹133.00-0.92%1D
Returns (Since Inception)
15.18%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹15,673 Cr
Expense Ratio
1.03%
ISIN
INF204K01L55
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Nippon India Tax Saver (ELSS) Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 11 years, 10 months and 21 days, having been launched on 01-Jan-13.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹133.00, Assets Under Management (AUM) of 15673.23 Crores, and an expense ratio of 1.03%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹133.00, Assets Under Management (AUM) of 15673.23 Crores, and an expense ratio of 1.03%.
- Nippon India Tax Saver (ELSS) Fund Direct Growth has given a CAGR return of 15.18% since inception.
- The fund's asset allocation comprises around 99.52% in equities, 0.00% in debts, and 0.48% in cash & cash equivalents.
- You can start investing in Nippon India Tax Saver (ELSS) 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
+29.60%
+27.83% (Cat Avg.)
3 Years
+16.51%
+14.94% (Cat Avg.)
5 Years
+18.50%
+19.25% (Cat Avg.)
10 Years
+11.10%
+13.87% (Cat Avg.)
Since Inception
+15.18%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹15,598.58 Cr | 99.52% |
| Others | ₹74.65 Cr | 0.48% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹1,266.41 Cr | 8.08% |
| HDFC Bank Ltd | Equity | ₹1,024.06 Cr | 6.53% |
| Infosys Ltd | Equity | ₹720.47 Cr | 4.60% |
| NTPC Ltd | Equity | ₹612.23 Cr | 3.91% |
| Larsen & Toubro Ltd | Equity | ₹499.07 Cr | 3.18% |
| State Bank of India | Equity | ₹492.12 Cr | 3.14% |
| Samvardhana Motherson International Ltd | Equity | ₹470.47 Cr | 3.00% |
| Axis Bank Ltd | Equity | ₹463.82 Cr | 2.96% |
| Reliance Industries Ltd | Equity | ₹426.26 Cr | 2.72% |
| Power Finance Corp Ltd | Equity | ₹414.51 Cr | 2.64% |
| Bharti Airtel Ltd (Partly Paid Rs.1.25) | Equity | ₹398.18 Cr | 2.54% |
| TVS Holdings Ltd | Equity | ₹373.7 Cr | 2.38% |
| REC Ltd | Equity | ₹294.14 Cr | 1.88% |
| Indian Hotels Co Ltd | Equity | ₹290.98 Cr | 1.86% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹287.6 Cr | 1.83% |
| Coal India Ltd | Equity | ₹282.53 Cr | 1.80% |
| Radico Khaitan Ltd | Equity | ₹264.07 Cr | 1.68% |
| Max Financial Services Ltd | Equity | ₹256.6 Cr | 1.64% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹254.01 Cr | 1.62% |
| ITC Ltd | Equity | ₹244.4 Cr | 1.56% |
| Zomato Ltd | Equity | ₹241.75 Cr | 1.54% |
| Tata Consultancy Services Ltd | Equity | ₹238.11 Cr | 1.52% |
| UltraTech Cement Ltd | Equity | ₹237.91 Cr | 1.52% |
| Tata Motors Ltd | Equity | ₹233.53 Cr | 1.49% |
| Tata Power Co Ltd | Equity | ₹233.23 Cr | 1.49% |
| KSB Ltd | Equity | ₹232.19 Cr | 1.48% |
| United Spirits Ltd | Equity | ₹231.86 Cr | 1.48% |
| Avenue Supermarts Ltd | Equity | ₹224.05 Cr | 1.43% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹221.87 Cr | 1.42% |
| Linde India Ltd | Equity | ₹209.33 Cr | 1.34% |
| InterGlobe Aviation Ltd | Equity | ₹202.63 Cr | 1.29% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹195.5 Cr | 1.25% |
| NLC India Ltd | Equity | ₹191.69 Cr | 1.22% |
| Gland Pharma Ltd | Equity | ₹181.62 Cr | 1.16% |
| Havells India Ltd | Equity | ₹180.22 Cr | 1.15% |
| BSE Ltd | Equity | ₹178.62 Cr | 1.14% |
| SBI Life Insurance Co Ltd | Equity | ₹178.44 Cr | 1.14% |
| 3M India Ltd | Equity | ₹175.19 Cr | 1.12% |
| UTI Asset Management Co Ltd | Equity | ₹170.76 Cr | 1.09% |
| HealthCare Global Enterprises Ltd | Equity | ₹157.47 Cr | 1.00% |
| PVR INOX Ltd | Equity | ₹157.02 Cr | 1.00% |
| Ambuja Cements Ltd | Equity | ₹156.75 Cr | 1.00% |
| United Breweries Ltd | Equity | ₹153.72 Cr | 0.98% |
| Angel One Ltd Ordinary Shares | Equity | ₹151.4 Cr | 0.97% |
| Tata Consumer Products Ltd | Equity | ₹140.55 Cr | 0.90% |
| Jio Financial Services Ltd | Equity | ₹128.92 Cr | 0.82% |
| Timken India Ltd | Equity | ₹117.52 Cr | 0.75% |
| Mankind Pharma Ltd | Equity | ₹114.67 Cr | 0.73% |
| Macrotech Developers Ltd | Equity | ₹108.56 Cr | 0.69% |
| Automotive Axles Ltd | Equity | ₹105.15 Cr | 0.67% |
| Union Bank of India | Equity | ₹104.63 Cr | 0.67% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹96.65 Cr | 0.62% |
| Wheels India Ltd | Equity | ₹90.25 Cr | 0.58% |
| Kotak Mahindra Bank Ltd | Equity | ₹86.56 Cr | 0.55% |
| Carborundum Universal Ltd | Equity | ₹82.74 Cr | 0.53% |
| Hyundai Motor India Ltd | Equity | ₹82.01 Cr | 0.52% |
| Astral Ltd | Equity | ₹70.81 Cr | 0.45% |
| Sundaram Clayton Ltd | Equity | ₹67.56 Cr | 0.43% |
| Triparty Repo | Cash - Repurchase Agreement | ₹66.37 Cr | 0.42% |
| Tatva Chintan Pharma Chem Ltd | Equity | ₹65.6 Cr | 0.42% |
| KNR Constructions Ltd | Equity | ₹57.33 Cr | 0.37% |
| Voltas Ltd | Equity | ₹8.58 Cr | 0.05% |
| Net Current Assets | Cash | ₹7.89 Cr | 0.05% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.4 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
69.37%
Mid Cap Stocks
13.41%
Small Cap Stocks
16.22%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹5,752.6 Cr | 36.70% |
| Consumer Cyclical | ₹2,083.35 Cr | 13.29% |
| Industrials | ₹1,693.84 Cr | 10.81% |
| Consumer Defensive | ₹1,258.65 Cr | 8.03% |
| Utilities | ₹1,037.14 Cr | 6.62% |
| Technology | ₹958.58 Cr | 6.12% |
| Energy | ₹708.79 Cr | 4.52% |
| Healthcare | ₹675.63 Cr | 4.31% |
| Basic Materials | ₹669.59 Cr | 4.27% |
| Communication Services | ₹651.85 Cr | 4.16% |
| Real Estate | ₹108.56 Cr | 0.69% |
Risk & Performance Ratios
Standard Deviation
This fund
13.63%
Cat. avg.
13.29%
Lower the better
Sharpe Ratio
This fund
0.88
Cat. avg.
0.78
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.39
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st October 2024
ISIN INF204K01L55 | Expense Ratio 1.03% | Exit Load No Charges | Fund Size ₹15,673 Cr | Age 11 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
Nippon India Mutual Fund
Total AUM
₹5,78,235 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Related Articles
Still got questions?
We're here to help.
What is the current NAV of Nippon India Tax Saver (ELSS) Fund Direct Growth?
The NAV of Nippon India Tax Saver (ELSS) Fund Direct Growth, as of 21-Nov-2024, is ₹133.00.
What are the returns of Nippon India Tax Saver (ELSS) Fund Direct Growth?
The fund has generated 29.60% over the last 1 year and 16.51% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Tax Saver (ELSS) Fund Direct Growth?
The fund's allocation of assets is distributed as 99.52% in equities, 0.00% in bonds, and 0.48% in cash and cash equivalents.
Who manages the Nippon India Tax Saver (ELSS) Fund Direct Growth?
The fund managers responsible for Nippon India Tax Saver (ELSS) Fund Direct Growth are:-
- Rupesh Patel
- Ritesh Rathod
- Kinjal Desai
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.