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

22.846 (0.469%)

NAV on February 03, 2023

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 59 cr

Turnover Ratio 63.17%

Expense Ratio 0.40%

Exit Load -

Returns

1M: -2.18%
1Y: -1.76%
3M: -1.79%
3Y: 12.67%
6M: 2.88%
5Y: 9.66%

Min Investment 500

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

SECTOR WEIGHTINGS (%)

Financial 27.27%

Industrial 18.45%

Technology 11.23%

Basic Materials 6.35%

Consumer Cyclical 13.17%

Utilities Services 0.0%

Healthcare Services 9.61%

Energy Services 6.58%

Communication Services 2.40%

Consumer Defensive 4.93%

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

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Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Parag Parikh Tax Saver Fund Direct Growth	21.125	7.03%	942 cr	0.82%	Below Average
Kotak Tax Saver-Scheme-Growth - Direct	85.135	3.30%	3,161 cr	0.68%	Average
Union Long Term Equity Fund Direct Plan Growth Option	44.920	2.00%	594 cr	1.60%	Average
PGIM India ELSS Tax Saver Fund Dir Gr	26.990	1.85%	448 cr	1.00%	Average
Bank of India Tax Advantage Fund Direct Plan Growth	112.050	0.34%	696 cr	1.16%	Below Average
Canara Robeco Equity Taxsaver Direct Plan Growth Option	125.060	-0.70%	4,559 cr	0.61%	Below Average
Mirae Asset Tax Saver Fund -Direct Plan-Growth	34.026	-1.07%	14,020 cr	0.57%	Above Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC TaxSaver -Direct Plan - Growth Option	860.467	9.23%	9,993 cr	1.19%	Average
Parag Parikh Tax Saver Fund Direct Growth	21.125	7.03%	942 cr	0.82%	Below Average
Quantum Tax Saving Direct Growth	81.660	5.64%	115 cr	1.29%	Average
SBI Long Term Equity Fund Direct Growth	249.934	5.09%	12,092 cr	1.12%	Average
Taurus Tax Shield-Direct Plan-Growth Option	127.290	4.30%	63 cr	1.73%	Below Average
PGIM India ELSS Tax Saver Fund Dir Gr	26.990	1.85%	448 cr	1.0%	Average
Mahindra Manulife ELSS Kar Bachat Yojana Direct Plan Growth	21.437	1.66%	524 cr	0.73%	Average