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Fincash » Mutual Funds » Nippon India Tax Saver Fund ELSS

Nippon India Tax Saver Fund (ELSS) - G

NAV  ₹112.215 ↑ 1.13  (1.01 %) as on 22 Apr 24

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 13.8% since its launch.  Ranked 16 in ELSS category.  Return for 2023 was 28.6% , 2022 was 6.9% and 2021 was 37.6% .

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

NAV as on 22 Apr 24₹112.215 ↑ 1.13  (1.01 %)
Net Assets (AUM) as on 31 Mar 2024 ₹14,322 Cr.
Launch Date21 Sep 2005
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCNippon Life Asset Management Ltd.
Alpha Ratio2.49
Expense Ratio1.8 %
Sharpe Ratio2.831
Information Ratio0.51
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 22 Apr 24

DurationReturns
1 Month 4.4%
3 Month 5.7%
6 Month 19.3%
1 Year 42.1%
3 Year 22%
5 Year 14.3%
10 Year
15 Year
Since launch 13.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 28.6%
2022 6.9%
2021 37.6%
2020 -0.4%
2019 1.5%
2018 -20.7%
2017 46%
2016 4.2%
2015 -2.9%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹6,510
31 Mar 21₹11,174
31 Mar 22₹13,837
31 Mar 23₹13,808
31 Mar 24₹19,637
Nippon India Tax Saver Fund (ELSS) Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash0.63%
Equity99.11%
Nippon India Tax Saver Fund (ELSS) Asset Allocation

Sector Allocation

SectorValue
Financial Services34.55%
Consumer Cyclical14.35%
Industrials10.35%
Consumer Defensive8.62%
Basic Materials6.24%
Utility6%
Energy5.35%
Technology4.8%
Health Care4.15%
Communication Services2.63%
Real Estate2.08%
Nippon India Tax Saver Fund (ELSS) Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK
Banks - Regional7%₹1,031 Cr9,800,000
HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANK
Banks - Regional7%₹940 Cr6,700,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY
Information Technology Services5%₹686 Cr4,100,000
NTPC Ltd (Utilities)
Equity, Since 28 Feb 19 | 532555
Utilities - Regulated Electric4%₹544 Cr16,200,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | 532215
Banks - Regional4%₹521 Cr4,850,000
State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBIN
Banks - Regional4%₹516 Cr6,900,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
Oil & Gas Refining & Marketing3%₹467 Cr1,600,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
Engineering & Construction3%₹408 Cr1,173,822
Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | MOTHERSON
Auto Parts3%₹366 Cr30,700,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | TATAMOTORS
Auto Manufacturers2%₹352 Cr3,700,000
↓ -100,000
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Fund Managers

NameSinceTenure
Rupesh Patel1 Jul 212.75 Yr.
Ashutosh Bhargava1 Jul 203.75 Yr.
Kinjal Desai25 May 185.86 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
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
₹112.215
↑ 1.13
19.26 %42.12 %21.99 %14.28 %
Nippon India Tax Saver Fund (ELSS)
Normal Dividend, Payout
₹33.5868
↑ 0.34
18.62 %41.36 %21.72 %14.07 %
Nippon India Tax Saver Fund (ELSS)
Annual Dividend, Payout
₹20.3972
↑ 0.20
18.64 %41.38 %21.78 %14.16 %
Data as on 22 Apr 24

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