Item: Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl
Rating: 1
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Tax Saver (ELSS) Fund Direct Plan Annual Payout Income Dist cum Cap Wdrl

16.431 (1.213%)

NAV on February 03, 2023

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 11,924 cr

Turnover Ratio 39.10%

Expense Ratio 1.24%

Exit Load -

Returns

1M: -3.26%
1Y: 2.20%
3M: -1.41%
3Y: 15.44%
6M: 2.79%
5Y: 4.62%

Min Investment 500

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ADDITIONAL INFO

Fund Manager Rupesh Patel (Since over 1 year) Ashutosh Bhargava (Since over 2 years) Kinjal Desai (Since over 4 years) Akshay Sharma (Since 2 months)

ISIN INF204KA1E12

Fund Family Nippon India

P/E Ratio 21.56

P/B Ratio 3.09

Launch Date February 11, 2015

Benchmark IISL Nifty 500 TR INR

SECTOR WEIGHTINGS (%)

Financial 40.28%

Industrial 9.98%

Technology 6.13%

Basic Materials 9.9%

Consumer Cyclical 10.88%

Utilities Services 4.29%

Healthcare Services 4.96%

Energy Services 4.10%

Communication Services 2.74%

Consumer Defensive 5.45%

Real Estate 1.29%

INVESTMENT OBJECTIVE

Seeks to maintain balance between large cap companies and mid cap companies. Endeavors to invest in potential leaders. Invest in companies with potential of high growth prospects over medium term (2-3 years). Generally, the fund has two or three sector calls at a time. They are mostly in-line of emerging market trends. Small percentage of portfolio is invested in contrarian calls. Significant percent of outstanding equity of the scheme is invested in high conviction mid-cap companies. Significant allocation/exposure is taken in Multinational Companies (MNC’s). Attempt to have a balanced portfolio on a macro basis, allocating to themes like Domestic, Consumption & Defensive.

This fund may declare and pay out a dividend to you on a periodic basis, but only when it has the profits to do so.

View Factsheet

Top Rated
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