Navi ELSS Tax Saver Fund Direct Growth

Navi ELSS Tax Saver Fund Direct Growth

Equity

Direct

Elss (Tax Savings)

NAV as on 13-03-2025

₹ 30.05

-0.3%

1D

Inception Returns

12.7%

/yr

About Navi ELSS Tax Saver Fund Direct Growth

Navi ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 30 December, 2015. The fund is managed by . The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Navi ELSS Tax Saver Fund Direct Growth has ₹53 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Navi ELSS Tax Saver Fund Direct Growth has given a CAGR return of 12.70% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.83%, 11.86% and 16.92% respectively.

Holdings

Navi ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Health, Consumer Defensive, Basic Materials, Energy, Communication, Consumer Cyclical. Its top holdings are Persistent Systems Ltd, Reliance Industries Ltd, Infosys Ltd, Axis Bank Ltd, UPL Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Navi ELSS Tax Saver Fund Direct Growth

"The Scheme will seek to invest in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of Rs. 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There is no assurance that the investment objective of the Scheme will be achieved."

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Navi ELSS Tax Saver Fund Direct Growth of 3 Years

Historical NAV & Returns

Absolute

INDmoney Rank for Navi ELSS Tax Saver Fund Direct Growth

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IND ranking is not available for this fund.
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Beats FD returns for both 3Y & 5Y duration
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5Y returns in the bottom 25% of the category
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3Y returns in the bottom 25% of the category

Navi ELSS Tax Saver Fund Direct Growth Overview

Expense ratio0.39%
Benchmark
S&P BSE 200 India TR INR
AUM₹53 Cr
Inception Date30 December, 2015
Min Lumpsum/SIP--/--
Exit Load0%
Lock In3 Years
TurnOver
24.28%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (13-Mar-25)

Period
Navi ELSS Tax Saver Fund Direct Growth
Nifty 500
elss (tax savings)
1M
-4.6%
-2.2%
-4.1%
3M
-13.6%
-13.6%
-14.8%
6M
-15.9%
-15.8%
-15.8%
1Y
2.8%
1.8%
4.5%
3Y
11.9%
11.7%
14.2%
5Y
16.9%
21.6%
20.3%

Fund Distribution

as on (31-Jan-25)

  • Equity 90.5%

  • Debt & Cash 9.5%

Large cap
45.8%

Mid cap
30.8%

Small cap
12.8%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
22.2%
Industrial
18.7%
Tech
14%
Health
13%
Consumer Defensive
8.8%
Basic Materials
7%
Energy
5.7%
Communication
5.6%
Consumer Cyclical
5%
All changes are between Nov'24 and Jan'25
Dec'24
Nov'24
Fund Returns
-2.12%
0.71%
Nifty 500
-2.02%
-0.60%
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 52.7 Cr
₹ 58.1 Cr
₹ 62.4 Cr
  • AUM of the fund stands at 52.7 Cr as of Feb'25
  • AUM decreased by 5.4 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 2.2% to 4.57%
Persistent Systems Ltd's allocation increased from 2.2% to 4.57%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.53% to 3.39%
Hindustan Aeronautics Ltd Ordinary Shares's allocation increased from 2.53% to 3.39%
Axis Bank Ltd's allocation increased from 2.46% to 3.31%
Axis Bank Ltd's allocation increased from 2.46% to 3.31%
Top Stocks sold last month
Bharti Airtel Ltd's allocation decreased from 4.17 % to 2.8 %
Bharti Airtel Ltd's allocation decreased from 4.17 % to 2.8 %
State Bank of India's allocation decreased from 2.82 % to 2.79 %
State Bank of India's allocation decreased from 2.82 % to 2.79 %
The Federal Bank Ltd's allocation decreased from 2.6 % to 2.48 %
The Federal Bank Ltd's allocation decreased from 2.6 % to 2.48 %
Mid Cap allocation has gone down from 30.8% to 30.8%
Mid Cap allocation has gone down from 30.8% to 30.8%
Large Cap allocation has gone up from 44.6% to 45.8%
Large Cap allocation has gone up from 44.6% to 45.8%
Small Cap allocation has gone down from 13.8% to 12.8%
Small Cap allocation has gone down from 13.8% to 12.8%
Cash allocation has gone down from 9.5% to 9.5%
Cash allocation has gone down from 9.5% to 9.5%

Top 3 Sectors in February were Financial Services, Industrial & Tech

Feb'25
Financial Services
22%
Industrial
19%
Tech
14%
Jan'25
Financial Services
21%
Industrial
20%
Tech
15%
  • Gainers

  • Losers

Top Growth Drivers
1M Return
Shriram Finance Ltd
Shriram Finance Ltd
12.6%
Fund
Jan'25
Dec'24
Nov'24
No of Holdings
47
43
43
Top 5 Company Concentration
19.5%
22.2%
21.5%
Company having highest exposure
Persistent Systems Ltd (4.6%)
HDFC Bank Ltd (6.2%)
HDFC Bank Ltd (6%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
77%
77.2%
77.1%
Sector having highest exposure
Financial Services (20.8%)
Financial Services (26.5%)
Financial Services (31%)
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Fund House
Navi AMC Limited
Total Schemes
Total AUM
₹7.54K Cr
as on 31-Jan-2025
Address
Peerless Mansion,3rd Floor,,1, Chowringhee Square
Phone
033-40185000/022-40635000
Website
mf@navi.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 21.7% drop in AUM moving from 67.26 Cr to 52.67 Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.39% which is lower than the category average expense ratio of 1.3%.
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In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 14.6% return, outperforming this fund by 11.76%.
Insights icon
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 34.44% return, outperforming this fund by 17.53% per annum.
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In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 23.87% return, outperforming this fund by 12.01% per annum.

Navi ELSS Tax Saver Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.7% since inception which is less than its category average return of 13.89%
Fund Allocations

Fund Allocations

This fund has an allocation of 90.55% in Equity, 0% in Debt and 9.45% in Cash related instruments
AUM size ₹53 Cr

AUM size ₹53 Cr

This fund has AUM of ₹53 Cr which is less than its category average of ₹ 4477 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions for Navi ELSS Tax Saver Fund Direct Growth

The current NAV of Navi ELSS Tax Saver Fund Direct Growth is ₹30.05 as on 13-Mar-2025.
Existing (Absolute + CAGR) as on 13-Mar-2025.
Navi ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.63%
-4.63%
6 Month Returns
-15.86%
-15.86%
1 Year Returns
2.83%
2.83%
3 Years Returns
39.98%
11.86%
5 Years Returns
118.49%
16.92%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.39% as on February 2025
₹53 Cr as on February 2025
Persistent Systems Ltd(4.43%), Reliance Industries Ltd(4.22%), Infosys Ltd(4.17%), Axis Bank Ltd(3.76%), UPL Ltd(3.24%) as on February 2025
Financial Services(20.07%), Industrial(16.96%), Tech(12.68%) as on February 2025
The alpha ratio for the Navi ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Navi ELSS Tax Saver Fund Direct Growth
-0.76
-1.13
-3.12
As on February 2025
The alpha for Navi ELSS Tax Saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Navi ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Navi ELSS Tax Saver Fund Direct Growth
1.06
0.92
0.98
As on February 2025
The Beta for Navi ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Navi ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Navi ELSS Tax Saver Fund Direct Growth
-0.43
0.37
0.5
As on February 2025
The sharpe ratio for Navi ELSS Tax Saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Navi ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Navi ELSS Tax Saver Fund Direct Growth
16.2
13.8
19.51
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.57 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Navi ELSS Tax Saver Fund Direct Growth is 0%