Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option

Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option

Equity

Nippon Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹148.63

▲1%1D

NAV as on 09 Nov 2026

13.8%/per year

Since Inception

Absolute Gain%

▲▼

2321 people have invested ₹ 1.4Cr in Nippon India ELSS Tax Saver Fund in the last three months

Nippon India ELSS Tax Saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (09-Nov-26)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
7.48%
0.97%
3.43%
3.41%
13.87%
11.54%
Nifty 500
7.42%
-0.94%
1.62%
-0.14%
10.91%
8.61%
Elss (Tax Savings) Avg
6.69%
-0.32%
3.38%
1.17%
11.72%
9.89%
Best in Elss (Tax Savings)
9.94%
1.76%
7.62%
11.12%
19.75%
16.2%
Worst in Elss (Tax Savings)
-5.84%
-5.88%
-1.34%
-5.17%
1.96%
6.48%
Category Rank
6/34
11/34
10/33
14/32
14/23
29/31

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Nippon India ELSS Tax Saver Fund
12/34
14,096Cr
1.13%
3.41%
13.87%
1.70
0.95
0.42
0.65
0.56
DSP ELSS Tax Saver Fund
1/34
15,569Cr
0.92%
1.72%
15.11%
2.61
0.99
0.47
0.69
0.76
WhiteOak Capital ELSS Tax Saver Fund
2/34
481Cr
0.87%
4.9%
16.99%
5.16
0.95
0.62
0.95
1.26
JM ELSS Tax Saver Fund
3/34
240Cr
1.35%
5.75%
16.31%
5.16
1.04
0.58
0.91
0.98
See all

Nippon India ELSS Tax Saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Nippon India ELSS Tax Saver Fund Asset Allocation

See fund asset allocation details as on (14-Oct-26)

Fund Distribution

as on (14-Oct-26)

Large cap
64.4%
Mid cap
19.9%
Small cap
14.9%
Large Cap allocation has gone up from 63.8% to 64.4%
Large Cap allocation has gone up from 63.8% to 64.4%
Small Cap allocation has gone down from 15.1% to 14.9%
Small Cap allocation has gone down from 15.1% to 14.9%
Mid Cap allocation has gone up from 19.7% to 19.9%
Mid Cap allocation has gone up from 19.7% to 19.9%
Cash allocation has gone down from 1.3% to 0.8%
Cash allocation has gone down from 1.3% to 0.8%

Nippon India ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (14-Oct-26)

Sector Allocation

Financial Services
35.7%
Consumer Cyclical
11.9%
Industrial
10.7%
Consumer Defensive
9.6%
Utilities
8%
Health
6%
Energy
6%
Communication
4.9%
Tech
4.6%
Basic Materials
2.6%

Top 3 Sectors in September were Financial Services, Consumer Cyclical & Consumer Defensive

Sep'26

Financial Services

36%

Consumer Cyclical

15%

Consumer Defensive

9%

Aug'26

Financial Services

35%

Consumer Cyclical

16%

Consumer Defensive

9%

Nippon India ELSS Tax Saver Fund Holdings Details

as on (31-Oct-26)

Holdings
Weight%
1M Change
HDFC Bank Ltd
7.89%
14.6%
ICICI Bank Ltd
7.03%
0%
Axis Bank Ltd
4.09%
0%
Samvardhana Motherson International Ltd
3.36%
-3.3%
State Bank of India
3.34%
0%
See all
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 6.6% to 7.89%
HDFC Bank Ltd's allocation increased from 6.6% to 7.89%
Kotak Mahindra Bank Ltd's allocation increased from 1.14% to 1.42%
Kotak Mahindra Bank Ltd's allocation increased from 1.14% to 1.42%
Varun Beverages Ltd's allocation increased from 1.66% to 1.87%
Varun Beverages Ltd's allocation increased from 1.66% to 1.87%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 7.41 % to 7.03 %
ICICI Bank Ltd's allocation decreased from 7.41 % to 7.03 %
Axis Bank Ltd's allocation decreased from 4.15 % to 4.09 %
Axis Bank Ltd's allocation decreased from 4.15 % to 4.09 %
Samvardhana Motherson International Ltd's allocation decreased from 3.48 % to 3.36 %
Samvardhana Motherson International Ltd's allocation decreased from 3.48 % to 3.36 %

Nippon India ELSS Tax Saver Fund Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.13%
Benchmark
Nifty 500 TR INR
AUM₹14096 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
14.82%
Risk
Risk meter
pointer
Very High Risk

About Nippon India ELSS Tax Saver Fund

Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ritesh Rathod, Rupesh Patel, Kinjal Desai, Amber Singhania. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India ELSS Tax Saver Fund has ₹14096 Cr worth of assets under management (AUM) as on Oct 2026 and is more than category average.
  2. The fund has an expense ratio 1.1.

Returns

Nippon India ELSS Tax Saver Fund has given a CAGR return of 13.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.41%, 13.87% and 11.54% respectively.

Holdings

Nippon India ELSS Tax Saver Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Consumer Defensive, Industrial, Corporate, Health, Utilities, Energy, Communication, Tech, Basic Materials. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Axis Bank Ltd, Samvardhana Motherson International Ltd, State Bank of India

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Nippon India ELSS Tax Saver Fund

The primary objective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Nippon India ELSS Tax Saver Fund of 3 Years

Fund Manager

Ritesh Rathod

Fund Manager of Nippon India ELSS Tax Saver Fund, since 19 August 2024

Rupesh Patel

Fund Manager of Nippon India ELSS Tax Saver Fund, since 1 July 2021

Kinjal Desai

Fund Manager of Nippon India ELSS Tax Saver Fund, since 25 May 2018

Amber Singhania

Fund Manager of Nippon India ELSS Tax Saver Fund, since 11 March 2026

Learn more about Nippon Mutual Fund
Parameters
Sep'26
Aug'26
Jul'26
AUM
₹ 14.1K Cr
₹ 14.7K Cr
₹ 14.9K Cr
  • AUM of the fund stands at 14.1K Cr as of Sep'26
  • AUM decreased by 622.2 Cr between Sep'26 and Aug'26

Compare Nippon India ELSS Tax Saver Fund

Nippon India ELSS Tax Saver Fund

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SBI ELSS Tax Saver Fund

Frequently Asked Questions for Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option

How do I invest in Nippon India ELSS Tax Saver Fund?

INDmoney makes it simple to invest in the Nippon India ELSS Tax Saver Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Nippon India ELSS Tax Saver Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Nippon India ELSS Tax Saver Fund?

The NAV of the fund today is ₹148.63. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Nippon India ELSS Tax Saver Fund fund has generated a return of 3.41% in 1 year, 13.87% in 3 years, 11.54% in 5 years.

Who is the fund manager of Nippon India ELSS Tax Saver Fund?

The fund managers are Ritesh Rathod, Rupesh Patel, Kinjal Desai, Amber Singhania.

What is the expense ratio of the fund?

The expense ratio is 1.13%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹14096 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Nippon India ELSS Tax Saver Fund?

The top 3 holdings of the fund are HDFC Bank Ltd(7.89%), ICICI Bank Ltd(7.03%), Axis Bank Ltd(4.09%)