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.

₹136.16

▲0.8%1D

NAV as on 14 May 2025

14.77%/per year

Since Inception

Absolute Gain%

▲▼

2862 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-May-25)

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

Period
This Fund
Nifty 500
Category Avg
1 Month
7.72%
8.42%
7.25%
3 Months
10.9%
9.05%
5.65%
6 Months
1.64%
2.44%
0.18%
1 Year
10.2%
8.78%
9.49%
3 Years
22.18%
18.65%
20.27%
5 Years
27.71%
24.52%
24.54%

Nippon India ELSS Tax Saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

14
/23
60% Performance
38% Risk Management
13% Cost

Ranked 14 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
Inception Returns
Nippon India ELSS Tax Saver Fund
14/23
14,782Cr
1.03%
10.2%
22.18%
14.77%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.35%
29.14%
16.76%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.2%
24.39%
18.23%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.43%
20.22%
19.46%
See all
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Beats FD returns for both 3Y & 5Y
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Highly volatile within category

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 (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 99.5%

Debt & Cash 0.5%

Large cap
68.8%
Small cap
15.6%
Mid cap
14.9%
Mid Cap allocation has gone up from 14.5% to 14.9%
Mid Cap allocation has gone up from 14.5% to 14.9%
Large Cap allocation has gone up from 68.8% to 68.8%
Large Cap allocation has gone up from 68.8% to 68.8%
Small Cap allocation has gone down from 16% to 15.6%
Small Cap allocation has gone down from 16% to 15.6%
Cash allocation has gone down from 0.8% to 0.5%
Cash allocation has gone down from 0.8% to 0.5%

Nippon India ELSS Tax Saver Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 99.5%

Debt & Cash 0.5%

Financial Services
36.9%
Consumer Cyclical
13.4%
Industrial
10.9%
Consumer Defensive
8.1%
Utilities
6.6%
Tech
6.1%
Energy
4.5%
Health
4.3%
Basic Materials
4.3%
Communication
4.2%
Real Estate
0.7%

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

Apr'25

Financial Services

40%

Consumer Cyclical

12%

Industrial

11%

Mar'25

Financial Services

39%

Consumer Cyclical

12%

Industrial

12%

Nippon India ELSS Tax Saver Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
ICICI Bank Ltd
9.07%
0%
HDFC Bank Ltd
7.29%
0%
Axis Bank Ltd
4.09%
0%
Infosys Ltd
3.55%
-2.8%
NTPC Ltd
3.48%
0%
See all
Top Stocks bought last month
NTPC Ltd's allocation increased from 3.38% to 3.6%
NTPC Ltd's allocation increased from 3.38% to 3.6%
REC Ltd's allocation increased from 1.67% to 1.85%
REC Ltd's allocation increased from 1.67% to 1.85%
Avenue Supermarts Ltd's allocation increased from 1.45% to 1.62%
Avenue Supermarts Ltd's allocation increased from 1.45% to 1.62%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.65 % to 7.11 %
HDFC Bank Ltd's allocation decreased from 7.65 % to 7.11 %
Infosys Ltd's allocation decreased from 4.93 % to 3.93 %
Infosys Ltd's allocation decreased from 4.93 % to 3.93 %
Reliance Industries Ltd's allocation decreased from 2.79 % to 2.75 %
Reliance Industries Ltd's allocation decreased from 2.79 % to 2.75 %

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 ratio1.03%
Benchmark
Nifty 500 TR INR
AUM₹14782 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
24.84%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
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 Kinjal Desai. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Nippon India ELSS Tax Saver Fund Direct Growth has ₹14782 Cr worth of assets under management (AUM) as on Mar 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 14.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.20%, 22.18% and 27.71% respectively.

Holdings

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

Kinjal Desai

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

Learn more about Nippon Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 14.8K Cr
₹ 14.4K Cr
₹ 13.4K Cr
  • AUM of the fund stands at 14.8K Cr as of Apr'25
  • AUM increased by 389.4 Cr between Apr'25 and Mar'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

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

The current NAV of Nippon India ELSS Tax Saver Fund Direct Growth is ₹136.16 as on 14-May-2025.

What are the average returns of Nippon India ELSS Tax Saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
Nippon India ELSS Tax Saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.72%
7.72%
6 Month Returns
1.64%
1.64%
1 Year Returns
10.2%
10.2%
3 Years Returns
82.4%
22.18%

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

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Nippon India ELSS Tax Saver Fund Direct Growth?

1.03% as on April 2025

What is net assets under management (AUM) of Nippon India ELSS Tax Saver Fund Direct Growth?

₹14782 Cr as on April 2025

What are the top 5 holdings of Nippon India ELSS Tax Saver Fund Direct Growth?

ICICI Bank Ltd(9.07%), HDFC Bank Ltd(7.29%), Axis Bank Ltd(4.09%), Infosys Ltd(3.55%), NTPC Ltd(3.48%) as on April 2025

What are the top 3 sectors that this Nippon India ELSS Tax Saver Fund Direct Growth has invested in?

Financial Services(39.91%), Consumer Cyclical(11.86%), Industrial(11%) as on April 2025

What is the alpha of Nippon India ELSS Tax Saver Fund Direct Growth?

The alpha ratio for the Nippon India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Nippon India ELSS Tax Saver Fund Direct Growth
0.55
2.35
1.08
As on April 2025
The alpha for Nippon India ELSS Tax Saver Fund Direct Growth is calculated against Nifty 500 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%.

What is the beta of Nippon India ELSS Tax Saver Fund Direct Growth??

The Beta ratio for the Nippon India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Nippon India ELSS Tax Saver Fund Direct Growth
1.04
0.99
1.03
As on April 2025
The Beta for Nippon India ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 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.

What is the sharpe ratio of Nippon India ELSS Tax Saver Fund Direct Growth?

The sharpe ratio for the Nippon India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Nippon India ELSS Tax Saver Fund Direct Growth
0.05
0.76
1.2
As on April 2025
The sharpe ratio for Nippon India ELSS Tax Saver Fund Direct Growth is calculated with Nifty 500 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.

What is the standard deviation of Nippon India ELSS Tax Saver Fund Direct Growth?

The standard deviation for the Nippon India ELSS Tax Saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Nippon India ELSS Tax Saver Fund Direct Growth
17.33
14.88
15.56
As on April 2025
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.

What is the Sortino ratio of Nippon India ELSS Tax Saver Fund Direct Growth?

Sortino ratio is 1.3 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of Nippon India ELSS Tax Saver Fund Direct Growth?

Information ratio is 1.08 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

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

Kinjal Desai is the fund manager of Nippon India ELSS Tax Saver Fund Direct Growth

What is the exit load of Nippon India ELSS Tax Saver Fund Direct Growth?

The Exit load of Nippon India ELSS Tax Saver Fund Direct Growth is 0%