Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option

Very High Risk
Equity
ELSS (Tax Savings)

NAV as on May 5, 2025

Price per unit of the scheme.

₹ 134.21040.72%1 Day Change

5.95%

Minimum Investment₹500

Expense Ratio1.05%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option

Equity: ELSS (Tax Savings) Average NAV

Topper in Equity: ELSS (Tax Savings)

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL Nifty 500 TR INR

Expense Ratio

1.05%

Category Avg Expense Ratio

0.86%

Minimum Investment (Lumpsum/SIP)

₹ 500 /₹ 1000

Lock In (Years)

Fund Size

₹ 14,392.25 Cr(As on Mar, 2025)

Inception Date

Jan 01, 2013

Turnover

21.00 %

Exit Load

Nil

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 (ELSS) Fund - Direct Plan - Growth Option is an Equity - ELSS (Tax Savings) fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onMay 05, 2025 is ₹134.21. Its expense ratio is 1.05 %. The fund has an AUM of ₹14,392.25 Cr.The fund is managed byRupesh Patel,Akshay Sharma,Kinjal Desai,Ashutosh Bhargava,Ritesh Rathod.
The minimum initial investment is ₹500 in Lumpsum mode.

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FUND MANAGER

Rupesh Patel

Lead Fund Manager.

Jul 1, 2021 - Present

Fund Manager Rank6Out of 36
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed2
Total AUM₹ 47,567.00 Cr
Highest Return In 1 Yr10.66 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option

₹ 134.21

5.95%

6.05%

Very High Risk

₹14,392.25Cr

Nippon India Growth Fund - Direct Plan - Growth

₹ 4,223.25

6.92%

6.88%

Very High Risk

₹33,174.74Cr

Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option

Very High Risk

NAV₹ 134.21
Fund Size₹14,392.25Cr

Fund Return5.95%

Category Return6.05%

Nippon India Growth Fund - Direct Plan - Growth

Very High Risk

NAV₹ 4,223.25
Fund Size₹33,174.74Cr

Fund Return6.92%

Category Return6.88%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Akshay Sharma

Lead Fund Manager.

Dec 1, 2022 - Present

Schemes managed51
Total AUM₹ 3,74,070.51 Cr
Highest Return In 1 Yr340.03 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Pharma Fund - Direct Plan - Growth Plan

₹ 552.71

6.12%

4.80%

Very High Risk

₹8,080.97Cr

Nippon India Small Cap Fund - Direct Plan - Growth Plan

₹ 174.15

5.31%

4.73%

Very High Risk

₹55,490.73Cr

Nippon India Balanced Advantage Fund Direct Growth Plan

₹ 194.71

3.76%

3.98%

High Risk

₹8,807.55Cr

Nippon India Pharma Fund - Direct Plan - Growth Plan

Very High Risk--

NAV₹ 552.71
Fund Size₹8,080.97Cr

Fund Return6.12%

Category Return4.80%

Nippon India Small Cap Fund - Direct Plan - Growth Plan

Very High Risk

NAV₹ 174.15
Fund Size₹55,490.73Cr

Fund Return5.31%

Category Return4.73%

Nippon India Balanced Advantage Fund Direct Growth Plan

High Risk

NAV₹ 194.71
Fund Size₹8,807.55Cr

Fund Return3.76%

Category Return3.98%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Kinjal Desai

Lead Fund Manager.

May 25, 2018 - Present

Schemes managed52
Total AUM₹ 3,74,076.68 Cr
Highest Return In 1 Yr340.03 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Small Cap Fund - Direct Plan - Growth Plan

₹ 174.15

5.31%

4.73%

Very High Risk

₹55,490.73Cr

Nippon India Credit Risk Fund Direct Plan Growth Option

₹ 38.01

1.04%

1.68%

High Risk

₹1,001.05Cr

Nippon India Pharma Fund - Direct Plan - Growth Plan

₹ 552.71

6.12%

4.80%

Very High Risk

₹8,080.97Cr

Nippon India Small Cap Fund - Direct Plan - Growth Plan

Very High Risk

NAV₹ 174.15
Fund Size₹55,490.73Cr

Fund Return5.31%

Category Return4.73%

Nippon India Credit Risk Fund Direct Plan Growth Option

High Risk

NAV₹ 38.01
Fund Size₹1,001.05Cr

Fund Return1.04%

Category Return1.68%

Nippon India Pharma Fund - Direct Plan - Growth Plan

Very High Risk--

NAV₹ 552.71
Fund Size₹8,080.97Cr

Fund Return6.12%

Category Return4.80%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Ashutosh Bhargava

Lead Fund Manager.

Jul 1, 2020 - Present

Schemes managed15
Total AUM₹ 1,09,397.12 Cr
Highest Return In 1 Yr13.72 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Quant Fund - Direct Plan - Growth Plan

₹ 74.54

6.56%

Very High Risk

₹92.16Cr

Nippon India Balanced Advantage Fund Direct Growth Plan

₹ 194.71

3.76%

3.98%

High Risk

₹8,807.55Cr

Nippon India Asset Allocator FoF Direct Growth

₹ 21.45

4.79%

Very High Risk

₹430.16Cr

Nippon India Quant Fund - Direct Plan - Growth Plan

Very High Risk

NAV₹ 74.54
Fund Size₹92.16Cr

Fund Return6.56%

Category Return--

Nippon India Balanced Advantage Fund Direct Growth Plan

High Risk

NAV₹ 194.71
Fund Size₹8,807.55Cr

Fund Return3.76%

Category Return3.98%

Nippon India Asset Allocator FoF Direct Growth

Very High Risk--

NAV₹ 21.45
Fund Size₹430.16Cr

Fund Return4.79%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Ritesh Rathod

Lead Fund Manager.

Aug 19, 2024 - Present

Schemes managed1
Total AUM₹ 14,392.25 Cr
Highest Return In 1 Yr6.62 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option

₹ 134.21

5.95%

6.05%

Very High Risk

₹14,392.25Cr

Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option

Very High Risk

NAV₹ 134.21
Fund Size₹14,392.25Cr

Fund Return5.95%

Category Return6.05%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Mar, 2025

EQUITY (99.23%)

DEBT (-%)

CASH (0.77%)

Allocation by Market Cap

Large Cap(68.77%)

Mid Cap(14.50%)

Small Cap(15.96%)

Industry Holdings

Banks Regional24.01%
Credit Services6.32%
Auto Parts5.36%
Information Technology Services5.25%
Utilities Regulated Electric4.91%
Telecom Services3.58%

Stock Holdings

ICICI Bank Ltd8.81%
HDFC Bank Ltd7.11%
Infosys Ltd3.93%
Axis Bank Ltd3.91%
NTPC Ltd3.60%
State Bank of India3.22%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
2.58
This Fund
VS
1.66
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
95.74
This Fund
VS
88.37
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
1.00
This Fund
VS
0.93
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.76
This Fund
VS
0.68
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.30
This Fund
VS
1.13
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
14.88
This Fund
VS
14.43
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth ₹ 5,67,393.31 crores. It’s current offering of mutual fund schemes includes 31 equity, 78 debt and 12 hybrid schemes.

Phone

022-6808 7000/18602660111

customercare@nipponindiaim.in

AUM

₹ 5,67,393.31 Cr (

As on Mar 31, 2025

)

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai,400 013

FAQ's

What is the category of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The category of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option is Equity - ELSS (Tax Savings)

What is the current NAV of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The current NAV of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option as on May 05, 2025 is ₹134.21

How safe is Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The risk level of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option is Very High.

What are short term returns given by Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The return given by Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option in 1 month is 5.95%, 3 months is 3.63%, 6 months is -2.76%, and 1 year is 6.62%

What are the long term returns given by Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The return given by Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option in 3 years is 19.20% and 5 years is 27.12%.

What is the expense ratio of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The expense ratio of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option is 1.05%

What is the AUM of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The assets under Management (AUM) of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option is Rs 14,392.25 crores.

What is the minimum investment in Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option ?

The minimum Lumpsum investment in Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option is ₹500.00 and the minimum SIP investment in Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option is ₹1,000.00

What is the asset allocation of Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option?

Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option has an exposure of 99.23% in Equity and 0.77% in Cash & Money Market Securities