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

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

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Equity
Direct
Elss (Tax Savings)

NAV: ₹ 16.4 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
18 people have invested ₹ 84K in mutual fund in the last three months

Fund Performance as on (19-Jan-23)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-3.3%
-1.4%
2.8%
2.2%
15.4%
4.6%
Benchmark
-2.3%
2.2%
9.6%
-0.5%
15%
9.6%
Category
-2.7%
-2.8%
2.1%
-0.8%
15.6%
9.8%
About the Fund

Nippon India Tax Saver (ELSS) 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 Rupesh Patel, Kinjal Desai, Ashutosh Bhargava, Akshay Sharma. The fund could potentially beat inflation in the long-run.

Key parameters

1) Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl has a NAV of 16.4314 as on 03-02-2023.

2) Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl has 11924 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 1.24 %.

Fund Overview

Expense ratio
Expense ratio
1.24%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹11924 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
39.1%

Fund Distribution as on (31-Dec-22)

  • Equity 99.1%
  • Debt & Cash 0.9%
Size breakup
Large cap
74.9%
Mid cap
14.3%
Small cap
9.9%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

40.3%

Consumer Cyclical

10.9%

Industrial

10%

Basic Materials

9.9%

Tech

6.1%

Consumer Defensive

5.5%

Health

5%

Utilities

4.3%

Energy

4.1%

Communication

2.7%

Real Estate

1.3%

Top Holdings as on (31-Dec-22)

  • Equity
  • Debt & Cash
Equity Holdings52
Debt Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 428.1 Cr in last 1M
Dec'22 return underperformed benchmark

Change in AUM

Dec'22
₹ 11.9K Cr
Nov'22
₹ 12.4K Cr
Oct'22
₹ 12.1K Cr

Fund Returns vs Benchmark

Jan'23
4.19%
5.37%
Dec'22
3.82%
2.63%
Nov'22
4.19%
5.37%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
55
58
58
Top 5 Company Concentration
32.7%
32.5%
32%
Company having highest exposure
HDFC Bank Ltd (8.3%)
ICICI Bank Ltd (8.3%)
ICICI Bank Ltd (8.3%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
76.5%
76.5%
75.4%
Sector having highest exposure
Financial Services (39.9%)
Financial Services (39.9%)
Financial Services (39%)

Fund Manager

Rupesh Patel

Rupesh Patel

Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 1 July 2021
Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 25 May 2018
Ashutosh Bhargava

Ashutosh Bhargava

Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 1 July 2020
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 1 December 2022

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund 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 7.1% since inception which is less than its category average return of 12.94%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.1% in Equity, 0% in Debt and 0.9% in Cash related instruments
AUM size ₹11924 Cr

AUM size ₹11924 Cr

This fund has AUM of ₹11924 Cr which is more than its category average of ₹ 2677 Cr
Expense Ratio 1.24%

Expense Ratio 1.24%

This fund has an expense ratio of 1.24% which is less than its category average expense ratio of 1.57%

Frequently Asked Questions

The current NAV of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl is 16.23 as on 02-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-4.16%
-4.16%
6 Month Returns
1.56%
1.56%
1 Year Returns
-0.11%
-0.11%
3 Years Returns
46.86%
13.67%
5 Years Returns
23.83%
4.37%
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1.24 as on January 2023
11924 Cr as on January 2023
HDFC Bank Ltd(8.33%),ICICI Bank Ltd(8.07%),Infosys Ltd(6.07%),Axis Bank Ltd(5.17%),State Bank of India(5.1%) as on January 2023
Financial Services(39.92%),Consumer Cyclical(10.79%),Industrial(9.89%) as on January 2023
The alpha ratio for the Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
1.69
-2.07
-6.17
As on January 2023
The alpha for Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
0.97
1.05
1.09
As on January 2023
The Beta for Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
-0.05
0.49
0.06
As on January 2023
The sharpe ratio for Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
16.3
24.58
22.61
As on January 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 0.67 as on January 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Rupesh Patel,Kinjal Desai,Ashutosh Bhargava,Akshay Sharma are the fund managers of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
The Exit load of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.