Nippon India ELSS Tax Saver Fund Direct Growth

Nippon India ELSS Tax Saver Fund Direct Growth

Equity

Nippon Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Nippon India ELSS Tax Saver Fund Direct Growth. 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.

₹140.15

NAV as on 14 Aug 2025

14.72%/per year

Since Inception

Absolute Gain%

▲▼

2997 people have invested ₹ 1.1Cr in Nippon India ELSS Tax Saver Fund Direct Growth 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 (14-Aug-25)

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
-0.76%
2.93%
14.15%
2.8%
18.14%
24.2%
Nifty 500
-3.28%
-0.48%
9.92%
0.03%
14.42%
19.74%
Elss (Tax Savings) Avg
-2.2%
1.84%
10%
0.87%
16.56%
20.95%
Best in Elss (Tax Savings)
-0.35%
4.91%
15.69%
9.91%
25.55%
28.86%
Worst in Elss (Tax Savings)
-5.14%
-0.79%
4.75%
-8.62%
12.2%
15.05%
Category Rank
10/23
16/23
19/23
15/23
21/23
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Nippon India ELSS Tax Saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

11
/23
64% Performance
43% Risk Management
20% Cost

Ranked 11 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

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
11/23
15,339Cr
1.01%
2.8%
18.14%
2.20
0.98
0.91
1.54
0.89
Parag Parikh ELSS Tax Saver Fund Direct Growth
1/23
5,538Cr
0.62%
8.78%
19.88%
6.40
0.66
1.36
2.55
0.64
HDFC ELSS TaxSaver Fund Direct Growth
2/23
16,579Cr
1.07%
6.4%
22.15%
6.93
0.84
1.35
2.59
1.88
SBI ELSS Tax Saver Fund Direct Growth
3/23
30,271Cr
0.95%
0.17%
24.48%
8.20
0.95
1.33
2.51
2.38
See all
Positive: 5Y returns in the top 25% of the category
5Y returns in the top 25% of the category
Positive: Beats FD returns for both 3Y & 5Y
Beats FD returns for both 3Y & 5Y
Negative: No bad points found for this fund.
No bad points found for this fund.

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-Aug-25)

Fund Distribution

as on (14-Aug-25)

Equity 99.3%

Debt & Cash 0.7%

Large cap
71.3%
Mid cap
14.7%
Small cap
13.2%
Mid Cap allocation has gone up from 14.2% to 14.7%
Mid Cap allocation has gone up from 14.2% to 14.7%
Large Cap allocation has gone up from 67.1% to 71.3%
Large Cap allocation has gone up from 67.1% to 71.3%
Small Cap allocation has gone down from 16.8% to 13.2%
Small Cap allocation has gone down from 16.8% to 13.2%
Cash allocation has gone down from 1.3% to 0.7%
Cash allocation has gone down from 1.3% to 0.7%

Nippon India ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Equity 99.3%

Debt & Cash 0.7%

Financial Services
37%
Consumer Cyclical
12.6%
Industrial
11%
Consumer Defensive
8.4%
Tech
7%
Utilities
6.2%
Health
4.8%
Energy
4.5%
Basic Materials
4.3%
Communication
4.2%

Top 3 Sectors in July were Financial Services, Consumer Cyclical & Industrial

Jul'25

Financial Services

39%

Industrial

11%

Consumer Cyclical

11%

Jun'25

Financial Services

40%

Consumer Cyclical

12%

Industrial

11%

Nippon India ELSS Tax Saver Fund Holdings Details

as on (31-Jul-25)

Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
8.5%
-6.4%
HDFC Bank Ltd
7.37%
0%
Infosys Ltd
3.95%
18.3%
Axis Bank Ltd
3.9%
9.8%
NTPC Ltd
3.16%
0%
See all
Top Stocks bought last month
Infosys Ltd's allocation increased from 3.48% to 3.95%
Infosys Ltd's allocation increased from 3.48% to 3.95%
Lupin Ltd's allocation increased from 0.19% to 0.65%
Lupin Ltd's allocation increased from 0.19% to 0.65%
Eternal Ltd's allocation increased from 1.83% to 2.15%
Eternal Ltd's allocation increased from 1.83% to 2.15%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 8.7 % to 8.5 %
ICICI Bank Ltd's allocation decreased from 8.7 % to 8.5 %
Axis Bank Ltd's allocation decreased from 3.91 % to 3.9 %
Axis Bank Ltd's allocation decreased from 3.91 % to 3.9 %
State Bank of India's allocation decreased from 2.94 % to 2.91 %
State Bank of India's allocation decreased from 2.94 % to 2.91 %

Nippon India ELSS Tax Saver Fund Direct Growth Overview

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

Expense ratio1.01%
Benchmark
Nifty 500 TR INR
AUM₹15339 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
14.11%
Risk
Risk meter
pointer
Very High Risk

About Nippon India ELSS Tax Saver Fund

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

Key Parameters

  1. Nippon India ELSS Tax Saver Fund Direct Growth has ₹15339 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

Nippon India ELSS Tax Saver Fund Direct Growth has given a CAGR return of 14.72% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 2.80%, 18.14% and 24.20% respectively.

Holdings

Nippon India ELSS Tax Saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Consumer Defensive, Utilities, Tech, Health, Energy, Basic Materials, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Infosys Ltd, Axis Bank Ltd, NTPC Ltd

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 Direct Growth

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.However, there can be no assurance that the scheme's investment objective shall be achieved

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 Direct Growth of 3 Years

Fund Manager

Rupesh Patel

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

Kinjal Desai

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

Ritesh Rathod

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

Learn more about Nippon Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 15.3K Cr
₹ 15.6K Cr
₹ 15.3K Cr
  • AUM of the fund stands at 15.3K Cr as of Jul'25
  • AUM decreased by 284.2 Cr between Jul'25 and Jun'25

Compare Nippon India ELSS Tax Saver Fund

Nippon India ELSS Tax Saver Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

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

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 ₹140.15. 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 2.80% in 1 year, 18.14% in 3 years, 24.20% in 5 years.

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

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

What is the expense ratio of the fund?

The expense ratio is 1.01%. 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 ₹15339 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 ICICI Bank Ltd(8.5%), HDFC Bank Ltd(7.37%), Infosys Ltd(3.95%)