Navi ELSS Tax Saver Fund Direct Growth
Navi ELSS Tax Saver Fund Direct Growth

Navi ELSS Tax Saver Fund Direct Growth

Equity
Direct
Elss (Tax Savings)

NAV: ₹ 22.1 as on 27-09-2022

Fund Performance
zero opening, trading, fund transfer fee
242 people have invested ₹ 9.4L in mutual fund in the last three months

INDmoney Rank

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Pros
Beats FD returns for both 3Y & 5Y duration
Cons
5Y returns in the bottom 25% of the category
3Y returns in the bottom 25% of the category

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-2%
9.1%
0.8%
-1.8%
12.6%
10.2%
Benchmark
-2.8%
9.4%
0.4%
-2.4%
16.2%
11.5%
Category
-2.2%
10.7%
1.4%
-2.7%
15.9%
10.9%
About the Fund

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

Key parameters

1) Navi ELSS Tax Saver Fund Direct Growth has a NAV of 22.1011 as on 27-09-2022.

2) Navi ELSS Tax Saver Fund Direct Growth has 59 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.4 %.

Fund Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹59 Cr
Inception Date
Inception Date
30 December, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
200.42%

Fund Distribution

  • Equity 97.4%
  • Debt & Cash 2.6%
Size breakup
Large cap
64.5%
Mid cap
18.8%
Small cap
14.2%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

29.4%

Consumer Cyclical

15%

Industrial

12.7%

Tech

11.4%

Health

8.6%

Energy

7.2%

Basic Materials

6.1%

Consumer Defensive

3.9%

Utilities

3.6%

Communication

2.1%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings49
Equity Holdings48
Debt Holdings1

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 0.5 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 59.2 Cr
Jul'22
₹ 58.7 Cr
Jun'22
₹ 54.7 Cr

Fund Returns vs Benchmark

Aug'22
8.73%
9.49%
Jul'22
8.73%
9.49%
Jun'22
-5.01%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
49
49
51
Top 5 Company Concentration
31.5%
31.8%
31.8%
Company having highest exposure
ICICI Bank Ltd (9.7%)
ICICI Bank Ltd (9.8%)
ICICI Bank Ltd (9.1%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
75.1%
72.2%
72.3%
Sector having highest exposure
Financial Services (28.7%)
Financial Services (28.7%)
Financial Services (26.8%)

Fund Manager

Aditya Mulki

Aditya Mulki

Managing this fund since 11 March 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Navi Large Cap Equity Fund Direct Plan Growth
10.34%
10.53%
Navi Large & Mid Cap Fund Direct Plan Growth
18.03%
17.51%
Navi Flexi Cap Fund Direct Growth
15.42%
15.72%

AMC details

Address
Peerless Mansion,3rd Floor,,1, Chowringhee Square
Phone
033-40185000/022-40635000
Fund House
Navi AMC Limited

Fund Highlights

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 12.48% since inception which is less than its category average return of 13.55%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.43% in Equity, 0% in Debt and 2.57% in Cash related instruments
AUM size ₹59 Cr

AUM size ₹59 Cr

This fund has AUM of ₹59 Cr which is less than its category average of ₹ 2720 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of Navi ELSS Tax Saver Fund Direct Growth is 22.06.
Existing (Absolute + CAGR)
Navi ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.15%
-2.15%
6 Month Returns
0.58%
0.58%
1 Year Returns
-2.03%
-2.03%
3 Years Returns
42.12%
12.43%
5 Years Returns
60.4%
9.91%
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0.4 as on August 2022
59 Cr as on August 2022
ICICI Bank Ltd(9.67%),Reliance Industries Ltd(7.03%),HDFC Bank Ltd(5.9%),Infosys Ltd(4.54%),Axis Bank Ltd(4.38%) as on August 2022
Financial Services(28.66%),Consumer Cyclical(14.57%),Industrial(12.41%) as on August 2022
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
-1.96
-3.01
-2.01
As on month end.
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
0.94
0.98
0.97
As on month end.
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
0.09
0.62
0.37
As on month end.
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
15.02
22.78
19.75
As on month end.
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.
0.82
Aditya Mulki is the fund manager of Navi ELSS Tax Saver Fund Direct Growth
The Exit load of Navi ELSS Tax Saver Fund Direct Growth is 0%