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

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

Equity
Direct
Elss (Tax Savings)

NAV: ₹ 33.1 as on 06-10-2022

Fund Performance
zero opening, trading, fund transfer fee
33 people have invested ₹ 63.9K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-1.3%
10.3%
-0.5%
2.9%
17.8%
5.4%
Benchmark
-1.7%
9.4%
-1%
-1.6%
18.5%
11.4%
Category
-0.9%
11%
-1.3%
-0.7%
18%
11.2%
About the Fund

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

Key parameters

1) Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl has a NAV of 33.1492 as on 06-10-2022.

2) Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl has 12041 Cr worth of assets under management (AUM) as on 31-08-2022 and is more than category average.

3) The fund has an expense ratio 1.02 %.

Fund Overview

Expense ratio
Expense ratio
1.02%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹12041 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
77.58%

Fund Distribution

  • Equity 98.7%
  • Debt & Cash 1.3%
Size breakup
Large cap
75%
Mid cap
12.6%
Small cap
10.1%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

39.9%

Consumer Cyclical

11%

Basic Materials

9.9%

Industrial

9.9%

Consumer Defensive

6.5%

Tech

6.1%

Energy

5.2%

Health

4.4%

Utilities

3.5%

Communication

2.6%

Real Estate

0.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings58
Equity Holdings55
Debt Holdings3

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 299.8 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 12K Cr
Jul'22
₹ 11.7K Cr
Jun'22
₹ 10.7K Cr

Fund Returns vs Benchmark

Aug'22
10.15%
9.49%
Jul'22
10.15%
9.49%
Jun'22
-4.36%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
57
63
62
Top 5 Company Concentration
31.4%
31.2%
32.3%
Company having highest exposure
ICICI Bank Ltd (8.1%)
HDFC Bank Ltd (7.8%)
HDFC Bank Ltd (8.1%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
75.5%
77.6%
77.2%
Sector having highest exposure
Financial Services (39%)
Financial Services (38.5%)
Financial Services (37.3%)

Fund Manager

Rupesh Patel

Rupesh Patel

Managing this fund since 1 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option
17.85%
18.04%
Kinjal Desai

Kinjal Desai

Managing this fund since 25 May 2018

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Growth Fund - Direct Plan - Growth
28.23%
25.32%
Nippon India Liquid Fund Direct Plan Growth Plan
4.14%
3.32%
Nippon India Small Cap Fund - Direct Plan - Growth Plan
37.39%
32.39%
Ashutosh Bhargava

Ashutosh Bhargava

Managing this fund since 1 July 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Nippon India Multi Cap Fund - Direct Plan - Growth
23.16%
21.66%
Nippon India Large Cap Fund - Direct Plan - Growth Plan
18.93%
16.26%
Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option
17.85%
18.04%

AMC details

Address
null
Phone
022-68087000/18602660111
Fund House
Nippon Life India Asset Management Ltd

Fund Highlights

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 12.69% since inception which is less than its category average return of 13.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.74% in Equity, 0% in Debt and 1.26% in Cash related instruments
AUM size ₹12041 Cr

AUM size ₹12041 Cr

This fund has AUM of ₹12041 Cr which is more than its category average of ₹ 2720 Cr
Expense Ratio 1.02%

Expense Ratio 1.02%

This fund has an expense ratio of 1.02% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl is 32.94.
Existing (Absolute + CAGR)
Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-1.2%
-1.2%
6 Month Returns
-1.83%
-1.83%
1 Year Returns
1.57%
1.57%
3 Years Returns
62.32%
17.52%
5 Years Returns
30.85%
5.53%
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1.02 as on September 2022
12041 Cr as on September 2022
ICICI Bank Ltd(8.11%),HDFC Bank Ltd(7.9%),Infosys Ltd(5.95%),Reliance Industries Ltd(5.04%),State Bank of India(4.41%) as on September 2022
Financial Services(39%),Consumer Cyclical(10.78%),Basic Materials(9.69%) as on September 2022
The alpha ratio for the Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl
1.7
-2.01
-7.05
As on month end.
The alpha for Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl
0.98
1.06
1.1
As on month end.
The Beta for Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl
-0.1
0.57
0.13
As on month end.
The sharpe ratio for Nippon India Tax Saver (ELSS) 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 Tax Saver (ELSS) 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 Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl
15.53
24.64
22.81
As on month end.
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.
0.79
Rupesh Patel,Ashutosh Bhargava,Kinjal Desai are the fund managers of Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl
The Exit load of Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl is 0%