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>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
18 people have invested ₹ 84K in mutual fund in the last three months
Fund Performance as on (19-Jan-23)
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 | 1.24% |
Benchmark | S&P BSE 200 India TR INR |
AUM | ₹11924 Cr |
Inception Date | 11 February, 2015 |
Min Lumpsum/SIP | ₹500/₹500 |
Exit Load | 0% |
Lock In | 3 Years |
TurnOver | 39.1% |
Fund Distribution as on (31-Dec-22)
Size breakup
Large cap
74.9%
Mid cap
14.3%
Small cap
9.9%
Sector Allocation
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 Holdings52
Debt Holdings3
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
HDFC Bank Ltd | 8.33% | -1.6% | |
ICICI Bank Ltd | 8.07% | 0% | |
Infosys Ltd | 6.07% | 0% | |
Axis Bank Ltd | 5.17% | -1.5% | |
State Bank of India | 5.1% | -1% |
See all
What changed
in last one month
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)
Winners & Losers as on (31-Dec-22)
Top Growth Drivers | 1M Return |
|---|---|
Linde India Ltd | 13.4% |
Macrotech Developers Ltd | 9% |
Axis Bank Ltd | 3.3% |
Top Losers | 1M Return |
|---|---|
Infosys Ltd | -9% |
Reliance Industries Ltd | -6.5% |
ICICI Bank Ltd | -5.2% |
Peer Analysis
Fund Manager
Rupesh Patel
Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 1 July 2021
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
Ashutosh Bhargava
Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 1 July 2020
Top funds managed
Akshay Sharma
Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl, since 1 December 2022
Top funds managed
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
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 7.1% since inception which is less than its category average return of 12.94%
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
This fund has AUM of ₹11924 Cr which is more than its category average of ₹ 2677 Cr
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%
Mutual Fund execution provided by
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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.