NJ ELSS Tax Saver Scheme Fund Direct Growth
NAV as on 24-04-2025
₹ 14.23
▲0.8%
1D
Inception Returns
21.1%
/yr
Historical NAV & Returns
About NJ ELSS Tax Saver Scheme Fund Direct Growth
NJ ELSS Tax Saver Scheme Fund Direct Growth is an equity fund. This fund was started on 19 June, 2023. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- NJ ELSS Tax Saver Scheme Fund Direct Growth has ₹248 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
NJ ELSS Tax Saver Scheme Fund Direct Growth has given a CAGR return of 21.07% since inception. Over the last 1 year the fund has given a CAGR return of 5.94%.
Holdings
NJ ELSS Tax Saver Scheme Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health, Consumer Defensive, Financial Services, Basic Materials, Tech, Industrial, Utilities, Energy, Consumer Cyclical. Its top holdings are Muthoot Finance Ltd, Coromandel International Ltd, Abbott India Ltd, Ipca Laboratories Ltd, Persistent Systems 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 NJ ELSS Tax Saver Scheme Fund Direct Growth
The investment objective of the scheme is to generate income and long term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments. However, there is no assurance or guarantee 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 NJ ELSS Tax Saver Scheme Fund Direct Growth of 3 Years
NJ ELSS Tax Saver Scheme Fund Direct Growth Overview
| Expense ratio | 0.54% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹248 Cr |
| Inception Date | 19 June, 2023 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 41.79% |
| 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 (24-Apr-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 6.67% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund underperformed Nifty 500 by 0.58% in Mar'25
- AUM of the fund stands at 247.7 Cr as of Mar'25
- AUM increased by 20.5 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Health, Consumer Defensive & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Muthoot Finance Ltd | 5.69% | 1.3% | |
 Coromandel International Ltd | 5.36% | 1.3% | |
 Abbott India Ltd | 4.95% | 1.2% | |
 Ipca Laboratories Ltd | 4.71% | 1.2% | |
 Persistent Systems Ltd | 4.7% | 1.2% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
NJ ELSS Tax Saver Scheme Fund Direct Growth | 5.94% | - | - | 21.07% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 18.69% | 20.61% | 28.67% | 18.31% |
 Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth | 11.13% | 25.11% | 28.75% | 18.01% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 10.81% | 15.9% | 26.57% | 19.39% |
Top Growth Drivers | 1M Return |
|---|---|
 Coromandel International Ltd | 12.8% |
 V-Guard Industries Ltd | 0.4% |
NJ ELSS Tax Saver Scheme Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹248 Cr
Expense Ratio 0.54%
More funds from Nj
1Y CAGR
▲ 1.84
Frequently Asked Questions for NJ ELSS Tax Saver Scheme Fund Direct Growth
NJ ELSS Tax Saver Scheme Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.09% | 4.09% |
6 Month Returns | -7.22% | -7.22% |
1 Year Returns | 5.94% | 5.94% |
3 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
NJ ELSS Tax Saver Scheme Fund Direct Growth | -3.55 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
NJ ELSS Tax Saver Scheme Fund Direct Growth | 1.13 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
NJ ELSS Tax Saver Scheme Fund Direct Growth | -0.14 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
NJ ELSS Tax Saver Scheme Fund Direct Growth | 19.7 | - | - |