Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 26.5 as on 22-09-2023
Fund Performance
About the Fund
Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option is an equity fund. This fund was started on 30 December, 2015. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option has ₹61 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.4.
Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option Overview
 | 0.39% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹61 Cr |
 | 30 December, 2015 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 47.51% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
56.4%
Small cap
23.1%
Mid cap
18.1%
Sector Allocation
Financial Services
29.3%
Industrial
16%
Consumer Cyclical
12.9%
Tech
12.8%
Health
9%
Basic Materials
6.6%
Consumer Defensive
5.8%
Energy
5.2%
Communication
2.4%
Top Holdings of Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option as on (31-Aug-23)
Equity Holdings38
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.51% | 0% | |
 ICICI Bank Ltd | 5.4% | -9.4% | |
 Reliance Industries Ltd | 5.24% | 0% | |
 Axis Bank Ltd | 4.22% | -19.1% | |
 Infosys Ltd | 3.93% | 0% |
See all
Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -0.39% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 0.36% in Aug'23
AUM Change
- AUM of the fund stands at 61 Cr as of Aug'23
- AUM decreased by 1.2 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 MTAR Technologies Ltd | 15.8% |
 Zomato Ltd | 15.2% |
 Polycab India Ltd | 10.6% |
Top Losers | 1M Return |
|---|---|
 HDFC Bank Ltd | -5.5% |
 Reliance Industries Ltd | -4.2% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Fund 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 13.44% since inception which is less than its category average return of 14.2%
Fund Allocations
This fund has an allocation of 97.58% in Equity, 0% in Debt and 2.42% in Cash related instruments
AUM size ₹61 Cr
This fund has AUM of ₹61 Cr which is less than its category average of ₹ 2953 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option is ₹26.5 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option | Absolute Returns | CAGR Returns |
1 Month Returns | 1.63% | 1.63% |
6 Month Returns | 20.18% | 20.18% |
1 Year Returns | 16.9% | 16.9% |
3 Years Returns | 81.86% | 22.06% |
5 Years Returns | 85.75% | 13.18% |
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0.39% as on August 2023
₹61 Cr as on August 2023
HDFC Bank Ltd(6.51%), ICICI Bank Ltd(5.4%), Reliance Industries Ltd(5.24%), Axis Bank Ltd(4.22%), Infosys Ltd(3.93%) as on August 2023
Financial Services(28.59%), Industrial(15.62%), Consumer Cyclical(12.56%) as on August 2023
The alpha ratio for the Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option | 5.67 | 1.03 | -0.14 |
As on August 2023
The alpha for Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option | 0.9 | 0.89 | 0.96 |
As on August 2023
The Beta for Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option | 0.94 | 1.22 | 0.42 |
As on August 2023
The sharpe ratio for Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option 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 Payout of Income Distribution cum capital withdrawal option | 10.95 | 13.46 | 19.47 |
As on August 2023
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 2.47 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
The Exit load of Navi ELSS Tax Saver Fund Direct Payout of Income Distribution cum capital withdrawal option is 0%