Nippon India Tax Saver (ELSS) Fund Direct Growth

Fund Overview

Fund Size

₹15,199 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 12 years and 21 days, having been launched on 01-Jan-13.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹127.95, Assets Under Management (AUM) of 15198.77 Crores, and an expense ratio of 1.03%.

Nippon India Tax Saver (ELSS) Fund Direct Growth has given a CAGR return of 14.58% since inception.
The fund's asset allocation comprises around 99.46% in equities, 0.00% in debts, and 0.54% 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

+12.03%

+14.47% (Cat Avg.)

3 Years

+15.19%

+14.26% (Cat Avg.)

5 Years

+16.72%

+18.26% (Cat Avg.)

10 Years

+10.08%

+13.05% (Cat Avg.)

Since Inception

+14.58%

— (Cat Avg.)

Portfolio Summaryas of 31st December 2024

Equity	₹15,116.97 Cr	99.46%
Others	₹81.79 Cr	0.54%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹1,256.02 Cr	8.26%
HDFC Bank Ltd	Equity	₹1,045.98 Cr	6.88%
Infosys Ltd	Equity	₹752 Cr	4.95%
Larsen & Toubro Ltd	Equity	₹497.06 Cr	3.27%
NTPC Ltd	Equity	₹483.36 Cr	3.18%
State Bank of India	Equity	₹476.97 Cr	3.14%
Axis Bank Ltd	Equity	₹425.88 Cr	2.80%
Power Finance Corp Ltd	Equity	₹408.63 Cr	2.69%
Samvardhana Motherson International Ltd	Equity	₹405.91 Cr	2.67%
Bharti Airtel Ltd (Partly Paid Rs.1.25)	Equity	₹388.54 Cr	2.56%
Reliance Industries Ltd	Equity	₹376.79 Cr	2.48%
Indian Hotels Co Ltd	Equity	₹351.02 Cr	2.31%
TVS Holdings Ltd	Equity	₹317.28 Cr	2.09%
REC Ltd	Equity	₹310.43 Cr	2.04%
Radico Khaitan Ltd	Equity	₹289.25 Cr	1.90%
Zomato Ltd	Equity	₹278.05 Cr	1.83%
ICICI Lombard General Insurance Co Ltd	Equity	₹268.16 Cr	1.76%
United Spirits Ltd	Equity	₹260.07 Cr	1.71%
Tata Consultancy Services Ltd	Equity	₹245.69 Cr	1.62%
UltraTech Cement Ltd	Equity	₹245.67 Cr	1.62%
Coal India Ltd	Equity	₹240.09 Cr	1.58%
InterGlobe Aviation Ltd	Equity	₹227.71 Cr	1.50%
ITC Ltd	Equity	₹227.32 Cr	1.50%
Sun Pharmaceuticals Industries Ltd	Equity	₹226.36 Cr	1.49%
Max Financial Services Ltd	Equity	₹222.78 Cr	1.47%
KSB Ltd	Equity	₹215.12 Cr	1.42%
Tata Power Co Ltd	Equity	₹207.97 Cr	1.37%
Tata Motors Ltd	Equity	₹207.24 Cr	1.36%
Cholamandalam Financial Holdings Ltd	Equity	₹207.14 Cr	1.36%
Avenue Supermarts Ltd	Equity	₹203.03 Cr	1.34%
Crompton Greaves Consumer Electricals Ltd	Equity	₹197.9 Cr	1.30%
Gland Pharma Ltd	Equity	₹195.73 Cr	1.29%
BSE Ltd	Equity	₹191.71 Cr	1.26%
NLC India Ltd	Equity	₹185.21 Cr	1.22%
Havells India Ltd	Equity	₹184.26 Cr	1.21%
HealthCare Global Enterprises Ltd	Equity	₹171.2 Cr	1.13%
Linde India Ltd	Equity	₹163.91 Cr	1.08%
United Breweries Ltd	Equity	₹162.96 Cr	1.07%
UTI Asset Management Co Ltd	Equity	₹159.69 Cr	1.05%
SBI Life Insurance Co Ltd	Equity	₹152.94 Cr	1.01%
3M India Ltd	Equity	₹147.71 Cr	0.97%
Angel One Ltd Ordinary Shares	Equity	₹145.45 Cr	0.96%
Ambuja Cements Ltd	Equity	₹144.67 Cr	0.95%
PVR INOX Ltd	Equity	₹130.49 Cr	0.86%
Tata Consumer Products Ltd	Equity	₹128.23 Cr	0.84%
Mankind Pharma Ltd	Equity	₹123.83 Cr	0.81%
Jio Financial Services Ltd	Equity	₹119.48 Cr	0.79%
Timken India Ltd	Equity	₹108.26 Cr	0.71%
Union Bank of India	Equity	₹107.49 Cr	0.71%
Triparty Repo	Cash - Repurchase Agreement	₹104.11 Cr	0.68%
Automotive Axles Ltd	Equity	₹101.24 Cr	0.67%
GE Vernova T&D India Ltd	Equity	₹98.08 Cr	0.65%
Indus Towers Ltd Ordinary Shares	Equity	₹97.01 Cr	0.64%
Biocon Ltd	Equity	₹87.73 Cr	0.58%
Wheels India Ltd	Equity	₹87.7 Cr	0.58%
Hyundai Motor India Ltd	Equity	₹81.27 Cr	0.53%
Carborundum Universal Ltd	Equity	₹76.78 Cr	0.51%
Sundaram Clayton Ltd	Equity	₹76.29 Cr	0.50%
Tatva Chintan Pharma Chem Ltd	Equity	₹68.83 Cr	0.45%
Astral Ltd	Equity	₹66.09 Cr	0.43%
NTPC Green Energy Ltd	Equity	₹58.47 Cr	0.38%
KNR Constructions Ltd	Equity	₹28.82 Cr	0.19%
Net Current Assets	Cash	₹-22.91 Cr	0.15%
Cash Margin - Ccil	Cash	₹0.6 Cr	0.00%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹5,498.76 Cr	36.18%
Consumer Cyclical	₹2,027.62 Cr	13.34%
Industrials	₹1,726.18 Cr	11.36%
Consumer Defensive	₹1,270.86 Cr	8.36%
Technology	₹997.69 Cr	6.56%
Utilities	₹935.01 Cr	6.15%
Healthcare	₹804.86 Cr	5.30%
Basic Materials	₹623.07 Cr	4.10%
Energy	₹616.88 Cr	4.06%
Communication Services	₹616.04 Cr	4.05%

Risk & Performance Ratios

Fund Managers

Rupesh Patel

Since July 2021

Ritesh Rathod

Since August 2024

Kinjal Desai

Since May 2018

Additional Scheme Detailsas of 31st December 2024

ISIN

INF204K01L55

Expense Ratio

1.03%

Exit Load

No Charges

Fund Size

₹15,199 Cr

Age

12 years

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%	₹4640.66 Cr	15.7%
Tata India Tax Savings Fund Regular Growth Very High Risk	1.8%	0.0%	₹4640.66 Cr	14.5%
Axis Long Term Equity Fund Regular Growth Very High Risk	1.5%	0.0%	₹35953.73 Cr	12.8%
Parag Parikh Tax Saver Fund Direct Growth Very High Risk	0.6%	0.0%	₹4506.61 Cr	15.9%
Parag Parikh Tax Saver Fund Regular Growth Very High Risk	1.7%	0.0%	₹4506.61 Cr	14.7%
Shriram Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹54.59 Cr	3.3%
Shriram Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹54.59 Cr	1.6%
ITI Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹396.89 Cr	11.5%
ITI Long Term Equity Fund Regular Growth Very High Risk	2.3%	0.0%	₹396.89 Cr	9.5%
Sundaram Diversified Equity Regular Growth Very High Risk	2.2%	0.0%	₹1528.93 Cr	8.2%

About the AMC

Nippon India Mutual Fund

022-6808 7000/18602660111

https://mf.nipponindiaim.com/

Total AUM

₹5,76,035 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth Moderately High risk	-	0.0%	-	-
Nippon India Innovation Fund Direct Growth Very High Risk	0.7%	1.0%	₹2333.38 Cr	14.3%
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth Moderate Risk	-	-	-	-
Nippon India Interval Fund Quarterly Series I Direct Growth Low Risk	-	0.0%	₹2.78 Cr	6.3%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth Low to Moderate Risk	-	-	₹51.57 Cr	7.9%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth Moderate Risk	-	-	-	-
Nippon India Interval Fund Annual Series I Direct Growth Low Risk	-	0.0%	₹2.93 Cr	7.4%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth Low to Moderate Risk	-	0.0%	₹219.15 Cr	8.3%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth Low to Moderate Risk	-	0.0%	₹71.85 Cr	8.6%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth Low to Moderate Risk	-	0.0%	₹169.76 Cr	8.9%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth Low Risk	-	-	₹40.32 Cr	9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth Low Risk	-	0.0%	₹2.77 Cr	6.2%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth Moderate Risk	-	-	-	-
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Interval Fund Quarterly Series II Direct Growth Low to Moderate Risk	-	0.0%	₹31.00 Cr	7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Interval Fund Monthly Series II Direct Growth Low Risk	-	0.0%	₹3.70 Cr	5.8%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth Low to Moderate Risk	-	0.0%	₹110.93 Cr	7.9%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth Moderate Risk	-	0.0%	₹62.78 Cr	9.2%
Nippon India Interval Fund Monthly Series I Direct Growth Low Risk	-	0.0%	₹3.24 Cr	5.8%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth Moderately High risk	-	0.0%	₹217.07 Cr	9.0%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth Moderate Risk	-	0.0%	-	-
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth Moderate Risk	-	-	-	-
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹315.67 Cr	8.8%
Nippon India Arbitrage Fund Direct Growth Low Risk	0.4%	0.0%	₹14738.76 Cr	8.1%
Nippon India Gilt Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2139.73 Cr	9.7%
Nippon India Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹6282.05 Cr	9.7%
Nippon India Power & Infra Fund Direct Growth Very High Risk	0.9%	1.0%	₹7453.12 Cr	17.0%
Nippon India Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹4233.54 Cr	9.7%
Nippon India Growth Fund Direct Growth Very High Risk	0.8%	1.0%	₹35277.81 Cr	19.2%
Nippon India Multi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹39385.20 Cr	17.7%
Nippon India Gold Savings Fund Direct Growth Very High Risk	0.9%	1.0%	₹2203.20 Cr	26.5%
Nippon India Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹7580.55 Cr	8.5%

Risk Level

Your principal amount will be at Very High Risk

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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-Jan-2025, is ₹127.95.

What are the returns of Nippon India Tax Saver (ELSS) Fund Direct Growth?

The fund has generated 12.03% over the last 1 year and 15.19% 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 99.46% in equities, 0.00% in bonds, and 0.54% 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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Fund Overview

Fund Size

₹15,199 Cr

Expense Ratio

1.03%

ISIN

INF204K01L55

Minimum SIP

₹500

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk