Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl

Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 22.7 as on 17-05-2024

About the Fund

Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl is an equity fund. This fund was started on 11 February, 2015. The fund is managed by Kinjal Desai, Ashutosh Bhargava. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl has ₹14932 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 1.
Fund Performance
zero opening, trading, fund transfer fee
19 people have invested ₹ 1.8L in Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
1.03%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹14932 Cr
Inception Date
Inception Date
11 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
21.36%

Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 98.6%

  • Debt & Cash 1.4%

Size breakup

Large cap
65.8%
Mid cap
19.3%
Small cap
13.4%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
35.9%
Consumer Cyclical
13.2%
Industrial
10.1%
Consumer Defensive
8.3%
Basic Materials
7.2%
Utilities
6.7%
Energy
5.3%
Tech
5%
Health
3.6%
Communication
3%
Real Estate
1.7%

Top Holdings of Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl as on (30-Apr-24)

  • Equity

Equity Holdings61

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
5.03%
0.99%
1.69%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 5.03% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 2.57% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 14.9K Cr
₹ 14.3K Cr
₹ 14.3K Cr
  • AUM of the fund stands at 14.9K Cr as of Apr'24
  • AUM increased by 609.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Kinjal Desai
Kinjal Desai
Fund Manager of Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 25 May 2018
Ashutosh Bhargava
Ashutosh Bhargava
Fund Manager of Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 1 July 2020

Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl Highlights

Risk 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 10.61% since inception which is less than its category average return of 15.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.58% in Equity, 0% in Debt and 1.42% in Cash related instruments
AUM size ₹14932 Cr

AUM size ₹14932 Cr

This fund has AUM of ₹14932 Cr which is more than its category average of ₹ 3661 Cr
Expense Ratio 1.03%

Expense Ratio 1.03%

This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl is ₹22.7 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.3%
5.3%
6 Month Returns
23.37%
23.37%
1 Year Returns
44.28%
44.28%
3 Years Returns
84.67%
22.69%
5 Years Returns
125.59%
17.67%
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1.03% as on April 2024
₹14932 Cr as on April 2024
ICICI Bank Ltd(7.55%), HDFC Bank Ltd(6.11%), Infosys Ltd(3.9%), NTPC Ltd(3.79%), Axis Bank Ltd(3.79%) as on April 2024
Financial Services(35.44%), Consumer Cyclical(12.99%), Industrial(10%) as on April 2024
The alpha ratio for the Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
4.12
2.67
-2.16
As on April 2024
The alpha for Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl 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 Plan Annual Payout Income Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
1
0.97
1.08
As on April 2024
The Beta for Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl 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 Plan Annual Payout Income Dist cum Cap Wdrl 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 Plan Annual Payout Income Dist cum Cap Wdrl
2.93
1.26
0.58
As on April 2024
The sharpe ratio for Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl 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 Plan Annual Payout Income Dist cum Cap Wdrl 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 Plan Annual Payout Income Dist cum Cap Wdrl
10.68
13.09
21.18
As on April 2024
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 2.5 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.94 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Kinjal Desai, Ashutosh Bhargava are the fund managers of Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
The Exit load of Nippon India ELSS Tax Saver Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl is 0%