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Fincash » Mutual Funds » Reliance Tax Saver Fund ELSS

Nippon India Tax Saver Fund (ELSS) - G

NAV  ₹42.943 ↓ -0.46  (-1.06 %) as on 3 Aug 20

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 10.3% since its launch.  Ranked 16 in ELSS category.  Return for 2019 was 1.5% , 2018 was -20.7% and 2017 was 46% .

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

NAV as on 3 Aug 20₹42.943 ↓ -0.46  (-1.06 %)
Net Assets (AUM) as on 30 Jun 2020 ₹8,204 Cr.
Launch Date21 Sep 2005
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCNippon Life Asset Management Ltd.
Alpha Ratio-14.76
Expense Ratio2.17 %
Sharpe Ratio-0.706
Information Ratio-1.53
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 3 Aug 20

DurationReturns
1 Month 1.3%
3 Month 5.4%
6 Month -18.7%
1 Year -12%
3 Year -10.8%
5 Year -2%
10 Year
15 Year
Since launch 10.3%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2019 1.5%
2018 -20.7%
2017 46%
2016 4.2%
2015 -2.9%
2014 83%
2013 3.5%
2012 46.1%
2011 -24.2%

Growth of 10k Over Years

DateValue
31 Jul 15₹10,000
31 Jul 16₹10,191
31 Jul 17₹12,949
31 Jul 18₹12,061
31 Jul 19₹10,609
31 Jul 20₹9,193
Nippon India Tax Saver Fund (ELSS) Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash3.71%
Equity96.29%
Nippon India Tax Saver Fund (ELSS) Asset Allocation

Sector Allocation

SectorValue
Financial Services27.57%
Energy15.08%
Industrials13.51%
Consumer Cyclical11.51%
Technology8.01%
Consumer Defensive5.92%
Communication Services5.04%
Basic Materials4.4%
Health Care2.76%
Utility2.17%
Real Estate0.26%
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 - Regional9%₹750 Cr7,040,500
↑ 2,585,500
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCE
Oil & Gas Refining & Marketing8%₹670 Cr3,930,000
↑ 150,000
Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFY
Information Technology Services7%₹544 Cr7,392,000
↑ 2,388,000
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANK
Banks - Regional6%₹479 Cr13,629,047
↑ 1,929,047
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 20 | BHARTIARTL
Telecom Services5%₹414 Cr7,390,000
↑ 2,430,000
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 May 20 | HDFC
Mortgage Finance4%₹355 Cr2,022,079
↑ 1,122,079
Reverse Repo
CBLO/Reverse Repo | -
4%₹302 Cr
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LT
Engineering & Construction4%₹302 Cr3,200,000
↑ 500,000
Hindustan Petroleum Corp Ltd (Energy)
Equity, Since 30 Apr 18 | HINDPETRO
Oil & Gas Refining & Marketing3%₹282 Cr13,005,000
↓ -405,000
Siemens Ltd (Industrials)
Equity, Since 31 Dec 09 | 500550
Specialty Industrial Machinery3%₹241 Cr2,200,000
↓ -93,000
1 - 10 of 70
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Fund Managers

NameSinceTenure
Sanjay H Parekh1 Jul 200 Yr.
Ashutosh Bhargava1 Jul 200 Yr.
Kinjal Desai25 May 182.1 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Private Limited
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
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
₹42.943
↓ -0.46
-18.7 %-12.05 %-10.77 %-1.99 %
Nippon India Tax Saver Fund (ELSS)
Normal Dividend, Payout
₹14.2483
↓ -0.15
-18.7 %-12.26 %-11.71 %-2.61 %
Nippon India Tax Saver Fund (ELSS)
Annual Dividend, Payout
₹8.4812
↓ -0.09
-20.6 %-13.34 %-11.05 %-1.84 %
Data as on 31 Jul 20

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