Item: Navi ELSS Tax Saver Fund Direct Growth
Rating: 2
Author: Morningstar

Home › Mutual Funds › Essel Mutual Fund › Navi ELSS Tax Saver Fund Direct Growth

30.265 (0.438%)

NAV on April 24, 2024

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 60 cr

Turnover Ratio 47.51%

Expense Ratio 0.37%

Exit Load -

Returns

1M: 2.96%
1Y: 32.53%
3M: 2.59%
3Y: 18.35%
6M: 14.71%
5Y: 14.58%

Min Investment 500

please stop any inflows/subscriptions in Navi ELSS Tax Saver Fund from 24th Jan 2023 .

ADDITIONAL INFO

Fund Manager Aditya Mulki (Since about 2 years) Ashutosh Shirwaikar (Since 9 months)

ISIN INF959L01CD5

Fund Family Essel

P/E Ratio 25.09

P/B Ratio 3.89

Launch Date December 30, 2015

Benchmark Nifty 500 TR INR

SECTOR WEIGHTINGS (%)

Financial 26.15%

Industrial 12.25%

Technology 16.91%

Basic Materials 5.89%

Consumer Cyclical 9.24%

Utilities Services 0.0%

Healthcare Services 12.19%

Energy Services 4.65%

Communication Services 3.57%

Consumer Defensive 9.15%

Real Estate 0.00%

INVESTMENT OBJECTIVE

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Quant ELSS Tax Saver Growth Option Direct Plan		410.036	63.63%	8,342 cr	0.76%	High

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
SBI Long Term Equity Fund Direct Growth	412.101	61.96%	21,976 cr	0.96%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	179.150	56.96%	1,210 cr	1.19%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	128.050	44.10%	14,076 cr	0.79%	Average
Kotak ELSS Tax Saver-Scheme-Growth - Direct	121.322	41.16%	5,295 cr	0.56%	Below Average
Parag Parikh ELSS Tax Saver Fund Direct Growth	28.527	34.25%	3,175 cr	0.69%	Low
HSBC ELSS Tax saver Fund Direct Plan Growth Option	122.423	45.21%	3,674 cr	1.12%	Average

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant ELSS Tax Saver Growth Option Direct Plan		410.036	63.63%	8,342 cr	0.76%	High

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	49.393	62.61%	3,205 cr	0.67%	High
SBI Long Term Equity Fund Direct Growth	412.101	61.96%	21,976 cr	0.96%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	179.150	56.96%	1,210 cr	1.19%	High

Other Equity funds by Essel

Navi Flexi Cap Fund Direct Growth

Multi-Cap
Navi Nifty 50 Index Fund Direct Growth

Multi-Cap
Navi Large & Mid Cap Fund Direct Plan Growth

Large & Mid-Cap

Navi ELSS Tax Saver Fund Direct Growth

previously known as Navi Long Term Advantage Dir Gr until February 17, 2022