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Fincash » Mutual Funds » Nippon India Tax Saver Fund ELSS

Nippon India Tax Saver Fund (ELSS) - G

NAV  ₹69.9992 ↑ 0.24  (0.35 %) as on 28 Jun 22

Scheme Objective

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s investment objective shall be achieved.

Nippon India Tax Saver Fund (ELSS) is a Equity - ELSS fund launched on 21 Sep 05. It is a fund with Moderately High risk and has given a CAGR return of 12.3% since its launch.  Ranked 16 in ELSS category.  Return for 2021 was 37.6% , 2020 was -0.4% and 2019 was 1.5% .

Below is the key information for Nippon India Tax Saver Fund (ELSS)

NAV as on 28 Jun 22₹69.9992 ↑ 0.24  (0.35 %)
Net Assets (AUM) as on 31 May 2022 ₹11,235 Cr.
Launch Date21 Sep 2005
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCNippon Life Asset Management Ltd.
Alpha Ratio1.53
Expense Ratio1.9 %
Sharpe Ratio0.52
Information Ratio-0.78
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 28 Jun 22

DurationReturns
1 Month -2.7%
3 Month -7.5%
6 Month -7.4%
1 Year 2.6%
3 Year 7.7%
5 Year 4.2%
10 Year
15 Year
Since launch 12.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 37.6%
2020 -0.4%
2019 1.5%
2018 -20.7%
2017 46%
2016 4.2%
2015 -2.9%
2014 83%
2013 3.5%

Growth of 10k Over Years

DateValue
31 May 17₹10,000
31 May 18₹10,003
31 May 19₹9,960
31 May 20₹6,698
31 May 21₹11,643
31 May 22₹12,778
Nippon India Tax Saver Fund (ELSS) Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.68%
Equity99.32%
Nippon India Tax Saver Fund (ELSS) Asset Allocation

Sector Allocation

SectorValue
Financial Services36.12%
Basic Materials11.12%
Consumer Cyclical10.8%
Industrials9.67%
Technology9.3%
Energy6.76%
Consumer Defensive4.34%
Communication Services3.84%
Health Care3.46%
Utility3.44%
Real Estate0.39%
Nippon India Tax Saver Fund (ELSS) Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK
Banks - Regional8%₹886 Cr6,400,000
↑ 300,000
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK
Banks - Regional7%₹818 Cr11,000,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY
Information Technology Services7%₹768 Cr4,900,000
↓ -50,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
Oil & Gas Refining & Marketing6%₹725 Cr2,600,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN
Banks - Regional4%₹496 Cr10,000,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | AXISBANK
Banks - Regional4%₹488 Cr6,700,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 20 | HDFC
Mortgage Finance3%₹401 Cr1,800,000
↑ 100,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
Engineering & Construction3%₹398 Cr2,350,000
↓ -50,000
NTPC Ltd (Utilities)
Equity, Since 28 Feb 19 | NTPC
Utilities - Independent Power Producers2%₹281 Cr17,990,000
Linde India Ltd (Basic Materials)
Equity, Since 31 Oct 13 | LINDEINDIA
Specialty Chemicals2%₹276 Cr770,000
↓ -70,000
1 - 10 of 68
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Fund Managers

NameSinceTenure
Rupesh Patel1 Jul 210.92 Yr.
Ashutosh Bhargava1 Jul 201.92 Yr.
Kinjal Desai25 May 184.02 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Limited
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Tax Saver Fund (ELSS)
Growth
₹69.9992
↑ 0.24
-7.41 %2.57 %7.71 %4.17 %
Nippon India Tax Saver Fund (ELSS)
Normal Dividend, Payout
₹23.2252
↑ 0.08
-7.41 %2.57 %7.62 %3.52 %
Nippon India Tax Saver Fund (ELSS)
Annual Dividend, Payout
₹13.6782
↑ 0.05
-7.41 %2.57 %7.71 %3.99 %
Data as on 28 Jun 22

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.