Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 43.58 as on 18-04-2024
Fund Performance
70 people have invested ₹ 2.7L in Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl in the last three months
About the Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl
Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Kinjal Desai, Ashutosh Bhargava. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl has ₹14322 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.
Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl Overview
 | 1.03% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹14322 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 21.36% |
Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
67.6%
Mid cap
18.4%
Small cap
12.7%
Sector Allocation
Financial Services
35.7%
Consumer Cyclical
13.3%
Industrial
10.3%
Consumer Defensive
8.6%
Basic Materials
6.6%
Utilities
6.4%
Energy
5.5%
Tech
5.2%
Health
4%
Communication
2.9%
Real Estate
1.6%
Top Holdings of Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings62
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.48% | 0% | |
 HDFC Bank Ltd | 6.77% | 0% | |
 Infosys Ltd | 4.29% | 0% | |
 NTPC Ltd | 3.66% | -3.7% | |
 Axis Bank Ltd | 3.55% | 0% |
See all
Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.13% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.60% in Mar'24
AUM Change
- AUM of the fund stands at 14.3K Cr as of Mar'24
- AUM increased by 34.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Avenue Supermarts Ltd | 20.1% |
 Linde India Ltd | 12.2% |
 Bharti Airtel Ltd Partly Paidup | 8.1% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 TVS Holdings Ltd | -1.7% |
 Axis Bank Ltd | -0.6% |
Peer Analysis
Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl Fund Manager
Kinjal Desai
Fund Manager of Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
Ashutosh Bhargava
Fund Manager of Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl, since 1 July 2020
Top funds managed
Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl 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 14.37% since inception which is less than its category average return of 15.54%
Fund Allocations
This fund has an allocation of 98.67% in Equity, 0% in Debt and 1.33% in Cash related instruments
AUM size ₹14322 Cr
This fund has AUM of ₹14322 Cr which is more than its category average of ₹ 3525 Cr
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 Payout Income Dist cum Cap Wdrl is ₹43.58 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 3.59% | 3.59% |
6 Month Returns | 18.2% | 18.2% |
1 Year Returns | 40.89% | 40.89% |
3 Years Returns | 80.8% | 21.82% |
5 Years Returns | 98.89% | 14.74% |
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1.03% as on March 2024
₹14322 Cr as on March 2024
ICICI Bank Ltd(7.48%), HDFC Bank Ltd(6.77%), Infosys Ltd(4.29%), NTPC Ltd(3.66%), Axis Bank Ltd(3.55%) as on March 2024
Financial Services(35.25%), Consumer Cyclical(13.1%), Industrial(10.14%) as on March 2024
The alpha ratio for the Nippon India ELSS Tax Saver Fund Direct Plan 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 Payout Income Dist cum Cap Wdrl | 2.66 | 2.22 | -2.29 |
As on March 2024
The alpha for Nippon India ELSS Tax Saver Fund Direct Plan 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 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 Payout Income Dist cum Cap Wdrl | 0.96 | 0.96 | 1.07 |
As on March 2024
The Beta for Nippon India ELSS Tax Saver Fund Direct Plan 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 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 Payout Income Dist cum Cap Wdrl | 2.85 | 1.16 | 0.54 |
As on March 2024
The sharpe ratio for Nippon India ELSS Tax Saver Fund Direct Plan 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 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 Payout Income Dist cum Cap Wdrl | 10.46 | 12.97 | 21.12 |
As on March 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 2.28 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.76 as on March 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 Payout Income Dist cum Cap Wdrl
The Exit load of Nippon India ELSS Tax Saver Fund Direct Plan Payout Income Dist cum Cap Wdrl is 0%