Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 38.6 as on 29-09-2023
Fund Performance
107 people have invested ₹ 16.7L in Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl in the last three months
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 Ashutosh Bhargava, Kinjal Desai. The fund could potentially beat inflation in the long-run.
Key Parameters
- Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl has ₹12544 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 1.
Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl Overview
 | 1.04% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹12544 Cr |
 | 1 January, 2013 |
 | ₹500/₹500 |
 | 0% |
 | 3 Years |
 TurnOver | 21.36% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
69.3%
Mid cap
17.9%
Small cap
11.9%
Sector Allocation
Financial Services
35.7%
Consumer Cyclical
12.5%
Industrial
9.9%
Consumer Defensive
9.2%
Basic Materials
9%
Utilities
5.3%
Tech
5.1%
Energy
4.4%
Health
4%
Communication
3.4%
Real Estate
1.5%
Top Holdings of Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl as on (31-Aug-23)
Equity Holdings64
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.84% | 64.1% | |
 ICICI Bank Ltd | 7.95% | -0.9% | |
 Infosys Ltd | 5.04% | 0% | |
 Axis Bank Ltd | 4.46% | 0% | |
 State Bank of India | 3.85% | 0% |
See all
Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.19% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 0.93% in Aug'23
AUM Change
- AUM of the fund stands at 12.5K Cr as of Aug'23
- AUM decreased by 90.6 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Gland Pharma Ltd | 33.6% |
 Linde India Ltd | 25.6% |
 KSB Ltd | 19.4% |
Top Losers | 1M Return |
|---|---|
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl Fund Manager
Ashutosh Bhargava
Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl, since 1 July 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl, since 25 May 2018
Top funds managed
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 13.3% since inception which is less than its category average return of 14.24%
Fund Allocations
This fund has an allocation of 99.33% in Equity, 0% in Debt and 0.39% in Cash related instruments
AUM size ₹12544 Cr
This fund has AUM of ₹12544 Cr which is more than its category average of ₹ 2953 Cr
Expense Ratio 1.04%
This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl is ₹38.62 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Nippon India Tax Saver (ELSS) Fund Direct Plan Payout Income Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 2.53% | 2.53% |
6 Month Returns | 22.96% | 22.96% |
1 Year Returns | 23.23% | 23.23% |
3 Years Returns | 113.39% | 28.74% |
5 Years Returns | 78.78% | 12.32% |
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1.04% as on August 2023
₹12544 Cr as on August 2023
HDFC Bank Ltd(8.84%), ICICI Bank Ltd(7.95%), Infosys Ltd(5.04%), Axis Bank Ltd(4.46%), State Bank of India(3.85%) as on August 2023
Financial Services(35.51%), Consumer Cyclical(12.42%), Industrial(9.86%) as on August 2023
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 | - | - | - |
As on August 2023
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 | - | - | - |
As on August 2023
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 | 0.74 | 1.33 | 0.31 |
As on August 2023
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 | 11.24 | 15.24 | 21.81 |
As on August 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 3.11 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.29 as on August 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
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%