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Nippon India ELSS Tax Saver Fund

Growth
EquityEquity Linked Savings Scheme (ELSS)
Large-size FundAssets Under Mgmt: ₹ 15,673 Cr
Very High RiskPrinciple investment will be at very high risk
134.230.54% (+0.72)

Price Chart

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Returns
0.00%
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6M
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Max
SIP
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1M
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SIP

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EquityEquity Linked Savings Scheme (ELSS)
Large-size FundAssets Under Mgmt: ₹ 15,673 Cr
Very High RiskPrinciple investment will be at very high risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
1.0315.691.60
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.4214.981.49

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth3 yrs0.00%
Nil
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 500
Initial: ₹ 500 Incremental: ₹ 500
BenchmarkBenchmark
NIFTY 500 - TRI

About Equity Linked Savings Scheme (ELSS)

Equity Linked Savings Scheme or ELSS are the equity funds that invest majorly in equity or equity-related instruments. They offer the tax benefits under the new Section 80C of the Income Tax Act 1961.

Peers & Comparison

Comparing 3 mutual funds from 
EquityEquity Linked Savings Scheme (ELSS)
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Nippon India ELSS Tax Saver Fund31.10%16.87%15.26%
Axis ELSS Tax Saver Fund24.54%6.82%17.64%
SBI Long Term Equity Fund40.78%23.05%17.33%
Mirae Asset ELSS Tax Saver Fund27.59%13.90%20.17%

Price Comparison

Compare Nippon India ELSS Tax Saver Fund with any MF, ETF, stock or index
Compare Nippon India ELSS Tax Saver Fund with any MF, ETF, stock or index
Nippon India ELSS Tax Saver Fund
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Asset Allocation

Actual

Target

Mar 2024

Jun 2024

Sep 2024

Oct 2024

ACTUAL
Cash & EquivalentsRightsEquity0.48%2.54%96.98%

Mar 2024

Jun 2024

Sep 2024

Oct 2024

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Sector Distribution

+30 moreConstruction & EngineeringIT Services & ConsultingPower GenerationAuto PartsPrivate Banks55.26 %6.07 %6.12 %6.62 %7.81 %18.13 %

Mar 2024

Jun 2024

Sep 2024

Oct 2024

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Sector Weightage

Sep 23Dec 23Mar 24Jun 24Sep 24Oct 2420.79%19.71%17.80%17.48%17.16%18.13%
Private Banks as a % of total holdings for last six quarters
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Current Holdings

Equity

Others

  • Constituent
    Holding Weight
    3M Change
  • ICICI Bank Ltd
    ICICIBANK
    3M change : 0.88 %

    Holdings

    8.08 %

    0.88 %
  • HDFC Bank Ltd
    HDFCBANK
    3M change : 0.77 %

    Holdings

    6.53 %

    0.77 %
  • Infosys Ltd
    INFY
    3M change : -0.03 %

    Holdings

    4.60 %

    -0.03 %

AMC Profile

Nippon India Mutual Fund is one of India’s leading mutual funds, with Average Assets Under Management (AAUM) of Rs 2,79,431 Crores​​. NIMF has been established as a trust under the Indian Trusts Act, 1882 with Nippon Life Insurance Company as its Sponsor and Nippon Life India Trustee Ltd as its Trustee.

  • No.of Schemes

    78

  • Total AUM

    ₹ 4,13,884.57 Cr.

Fund Manager Profile

Rupesh Patel

AUM:  ₹49,595.63 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 14yrs

Ritesh Rathod

AUM:  ₹15,673.23 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 11yrs

Manager Performance (0)

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Tax Implications

Invested period > 3 year

Gains are treated as long-term capital gains and taxed at 10%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

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