Nippon India ELSS Tax Saver Fund Direct Growth
Equity
Direct
Elss (Tax Savings)
NAV as on 21-02-2025
₹ 123.92
▲0.8%
1D
Inception Returns
14.2%
/yr
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 ₹14449 Cr worth of assets under management (AUM) as on Jan 2025 and is more than category average.
- The fund has an expense ratio 1.
Returns
Nippon India ELSS Tax Saver Fund Direct Growth has given a CAGR return of 14.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.34%, 15.21% and 16.81% 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, Health, Energy, Basic Materials, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, NTPC Ltd, Larsen & Toubro 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
Historical NAV & Returns
Absolute
▲
▼
3375 people have invested ₹ 1.4Cr in Nippon India ELSS Tax Saver Fund Direct Growth in the last three months
INDmoney Rank for Nippon India ELSS Tax Saver Fund Direct Growth
Powered by IND quant engine
20
/23
46% Performance
27% Risk Management
11% Cost
20 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
Does not beat the benchmark consistently
Highly volatile within category
Higher probablity of downside risk
Nippon India ELSS Tax Saver Fund Direct Growth Overview
| Expense ratio | 1.04% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹14449 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 |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Jan-25)
Large cap
68.4%
Small cap
15.3%
Mid cap
14.2%
Sector Allocation
Financial Services
37%
Consumer Cyclical
12.6%
Industrial
11%
Consumer Defensive
8.4%
Tech
7%
Utilities
6.2%
Health
4.8%
Energy
4.5%
Basic Materials
4.3%
Communication
4.2%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 14.4K Cr as of Jan'25
- AUM decreased by 749.5 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 2.48% to 2.71%
Cholamandalam Financial Holdings Ltd's allocation increased from 1.36% to 1.56%
Bharti Airtel Ltd (Partly Paid Rs.1.25)'s allocation increased from 2.56% to 2.74%
Top Stocks sold last month
Larsen & Toubro Ltd's allocation decreased from 3.27 % to 3.21 %
Power Finance Corp Ltd's allocation decreased from 2.69 % to 2.66 %
Samvardhana Motherson International Ltd's allocation decreased from 2.67 % to 2.54 %
Large Cap allocation has gone up from 68.1% to 68.4%
Small Cap allocation has gone down from 16.3% to 15.3%
Mid Cap allocation has gone up from 14.1% to 14.2%
Cash allocation has gone up from 0.5% to 1.3%
Top 3 Sectors in January were Financial Services, Consumer Cyclical & Industrial
Jan'25
Financial Services
37%
Consumer Cyclical
13%
Industrial
11%
Dec'24
Financial Services
36%
Consumer Cyclical
13%
Industrial
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 8.32% | -2% | |
 HDFC Bank Ltd | 6.94% | 0% | |
 Infosys Ltd | 5.07% | -2.5% | |
 NTPC Ltd | 3.25% | 0% | |
 State Bank of India | 3.21% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Tata Consumer Products Ltd | 6.8% |
 Cholamandalam Financial Holdings Ltd | 5.8% |
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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
₹4.25L Cr
as on 31-Jan-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 12.7% drop in AUM moving from 16.54K Cr to 14.44K Cr.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 29.27% return, outperforming this fund by 12.46% per annum.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 23.61% return, outperforming this fund by 8.4% per annum.
Over the last 1 year, this fund has decreased expense ratio by 1.0% moving from 1.05 to 1.04.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.04% which is lower than the category average expense ratio of 1.29%.
In the last 1 year, LIC MF ELSS Tax Saver -Direct Plan Growth Option has given 12.82% return, outperforming this fund by 7.47%.
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 14.24% since inception which is less than its category average return of 14.48%
Fund Allocations
This fund has an allocation of 98.73% in Equity, 0% in Debt and 1.27% in Cash related instruments
AUM size ₹14449 Cr
This fund has AUM of ₹14449 Cr which is more than its category average of ₹ 4780 Cr
Expense Ratio 1.04%
This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.37%
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 ₹123.92 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Nippon India ELSS Tax Saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.41% | -4.41% |
6 Month Returns | -10.74% | -10.74% |
1 Year Returns | 5.34% | 5.34% |
3 Years Returns | 52.92% | 15.21% |
5 Years Returns | 117.43% | 16.81% |
With INDmoney, the process of investing is very simple and involves zero commission.
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1.04% as on January 2025
₹14449 Cr as on January 2025
ICICI Bank Ltd(8.32%), HDFC Bank Ltd(6.94%), Infosys Ltd(5.07%), NTPC Ltd(3.25%), Larsen & Toubro Ltd(3.21%) as on January 2025
Financial Services(36.52%), Consumer Cyclical(12.42%), Industrial(10.86%) as on January 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 | 0.7 | 1.36 | -0.99 |
As on January 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 | 1.06 | 0.99 | 1.04 |
As on January 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 | 0.33 | 0.68 | 0.63 |
As on January 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 | 13.19 | 13.95 | 20.53 |
As on January 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 1.18 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.6 as on January 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%