Nippon India ELSS Tax Saver Fund Direct Growth
NAV as on 27-03-2025
₹ 129.37
1D
Inception Returns
14.4%
/yr
Historical NAV & Returns
Absolute
▲
▼
3277 people have invested ₹ 1.3Cr in Nippon India ELSS Tax Saver Fund Direct Growth in the last three months
About Nippon India ELSS Tax Saver Fund Direct Growth
Nippon India ELSS Tax Saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India ELSS Tax Saver Fund Direct Growth has ₹13354 Cr worth of assets under management (AUM) as on Feb 2025 and is more than category average.
- The fund has an expense ratio 1.1.
Returns
Nippon India ELSS Tax Saver Fund Direct Growth has given a CAGR return of 14.39% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.75%, 16.64% and 27.46% respectively.
Holdings
Nippon India ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Consumer Defensive, Tech, Utilities, Energy, Basic Materials, Communication, Health. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Axis Bank Ltd, NTPC 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 benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Nippon India ELSS Tax Saver Fund Direct Growth
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
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 Nippon India ELSS Tax Saver Fund Direct Growth of 3 Years
Nippon India ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 1.05% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹13354 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 24.84% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Nippon India ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
18
/23
49% Performance
33% Risk Management
14% Cost
18 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
Poor track record of protecting capital in bear phase
Poor track record of Recovering losses quickly
Trailing Returns
as on (27-Mar-25)
Fund Distribution
as on (28-Feb-25)
Large cap
69.5%
Small cap
15.9%
Mid cap
14.4%
Sector Allocation
Financial Services
38.3%
Consumer Cyclical
12.4%
Industrial
11.3%
Consumer Defensive
8.1%
Tech
6.7%
Utilities
6.2%
Energy
4.7%
Basic Materials
4.2%
Communication
4.1%
Health
4.1%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 13.4K Cr as of Feb'25
- AUM decreased by 1.1K Cr between Feb'25 and Jan'25
Top Stocks bought last month
Axis Bank Ltd's allocation increased from 2.93% to 3.88%
HDFC Bank Ltd's allocation increased from 6.94% to 7.65%
ICICI Bank Ltd's allocation increased from 8.32% to 8.66%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 5.07 % to 4.93 %
State Bank of India's allocation decreased from 3.21 % to 3.09 %
Larsen & Toubro Ltd's allocation decreased from 3.21 % to 3.08 %
Mid Cap allocation has gone up from 14.2% to 14.4%
Large Cap allocation has gone up from 68.4% to 69.5%
Small Cap allocation has gone up from 15.3% to 15.9%
Cash allocation has gone down from 1.3% to 0.2%
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial
Feb'25
Financial Services
38%
Consumer Cyclical
12%
Industrial
11%
Jan'25
Financial Services
37%
Consumer Cyclical
13%
Industrial
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.66% | 0% | |
 HDFC Bank Ltd | 7.65% | 0% | |
 Infosys Ltd | 4.93% | 0% | |
 Axis Bank Ltd | 3.88% | 18.6% | |
 NTPC Ltd | 3.38% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 7.8% |
 HDFC Bank Ltd | 6.2% |
 Cholamandalam Financial Holdings Ltd | 4.7% |
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Kinjal Desai
Fund Manager of Nippon India ELSS Tax Saver Fund Direct Growth, since 25 May 2018
Top funds managed
Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.15L Cr
as on 28-Feb-2025
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 18.9% drop in AUM moving from 16.46K Cr to 13.35K Cr.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.05% which is lower than the category average expense ratio of 1.3%.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 24.75% return, outperforming this fund by 8.11% per annum.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 39.75% return, outperforming this fund by 12.3% per annum.
In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 18.26% return, outperforming this fund by 9.51%.
Over the last 3 months, this fund has increased expense ratio by 4.0% moving from 1.01 to 1.05.
Nippon India ELSS Tax Saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 14.39% since inception which is less than its category average return of 14.48%
Fund Allocations
This fund has an allocation of 99.77% in Equity, 0% in Debt and 0.23% in Cash related instruments
AUM size ₹13354 Cr
This fund has AUM of ₹13354 Cr which is more than its category average of ₹ 4477 Cr
Expense Ratio 1.05%
This fund has an expense ratio of 1.05% which is less than its category average expense ratio of 1.4%
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Frequently Asked Questions for Nippon India ELSS Tax Saver Fund Direct Growth
The current NAV of Nippon India ELSS Tax Saver Fund Direct Growth is ₹129.37 as on 27-Mar-2025.
Existing (Absolute + CAGR) as on 27-Mar-2025.
Nippon India ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.08% | 5.08% |
6 Month Returns | -13.64% | -13.64% |
1 Year Returns | 8.75% | 8.75% |
3 Years Returns | 58.68% | 16.64% |
5 Years Returns | 236.35% | 27.46% |
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.
1.05% as on February 2025
₹13354 Cr as on February 2025
ICICI Bank Ltd(8.66%), HDFC Bank Ltd(7.65%), Infosys Ltd(4.93%), Axis Bank Ltd(3.88%), NTPC Ltd(3.38%) as on February 2025
Financial Services(38.25%), Consumer Cyclical(12.32%), Industrial(11.23%) as on February 2025
The alpha ratio for the Nippon India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Nippon India ELSS Tax Saver Fund Direct Growth | 1.37 | 1.7 | 0.03 |
As on February 2025
The alpha for Nippon India 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 Nippon India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Nippon India ELSS Tax Saver Fund Direct Growth | 1.02 | 0.98 | 1.02 |
As on February 2025
The Beta for Nippon India 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 Nippon India 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 |
Nippon India ELSS Tax Saver Fund Direct Growth | -0.3 | 0.58 | 0.66 |
As on February 2025
The sharpe ratio for Nippon India 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 Nippon India 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 |
Nippon India ELSS Tax Saver Fund Direct Growth | 15.5 | 14.46 | 20.29 |
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 0.95 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.73 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai is the fund manager of Nippon India ELSS Tax Saver Fund Direct Growth
The Exit load of Nippon India ELSS Tax Saver Fund Direct Growth is 0%