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Nippon India Tax Saver Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 84.693 0.95%
    (as on 11th August, 2022)
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Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 98.2% investment in domestic equities of which 59.32% is in Large Cap stocks, 11.51% is in Mid Cap stocks, 10.56% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

Crisil Rank Change : Fund Crisil rank was updated from 2 to 3 in the previous quarter.

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Returns (NAV as on 11th August, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 04-Aug-22 10165.20 1.65% - 1.56% 18/55
1 Month 11-Jul-22 10842.60 8.43% - 8.37% 29/55
3 Month 11-May-22 11077.30 10.77% - 11.14% 32/55
6 Month 11-Feb-22 10233.60 2.34% - 1.93% 20/55
YTD 31-Dec-21 10385.50 3.85% - 0.89% 10/55
1 Year 11-Aug-21 11103.50 11.03% 11.03% 9.93% 24/55
2 Year 11-Aug-20 17866.60 78.67% 33.67% 32.12% 15/55
3 Year 09-Aug-19 16576.60 65.77% 18.29% 22.28% 40/54
5 Year 11-Aug-17 13994.80 39.95% 6.95% 13.72% 43/43
Since Inception 02-Jan-13 34039.40 240.39% 13.59% 15.56% 39/51

SIP Returns (NAV as on 11th August, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 11-Aug-21 12000 12620.32 5.17 % 9.71 %
2 Year 11-Aug-20 24000 29744.83 23.94 % 22.13 %
3 Year 09-Aug-19 36000 50405.33 40.01 % 23.11 %
5 Year 11-Aug-17 60000 84290.89 40.48 % 13.56 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Jul,2022)

Equity Holding : 98.20% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.20%
No of Stocks : 59 (Category Avg - 47.07) | Large Cap Investments : 59.32%| Mid Cap Investments : 11.51% | Small Cap Investments : 10.56% | Other : 16.81%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
# HDFC Bank Ltd. Banks 9178.9 7.82% 0.00% 8.57% (Sep 2021) 7.46% (Mar 2022) 64.00 L 0.00
# ICICI Bank Ltd. Banks 9004.6 7.67% 0.00% 7.37% (May 2022) 6.24% (Sep 2021) 1.10 Cr 0.00
# Infosys Ltd. Computers - software 7438.6 6.34% 0.00% 8.72% (Jul 2021) 6.56% (May 2022) 48.00 L -1.00 L
# Reliance Industries Ltd. Refineries/marketing 5771.7 4.92% 0.00% 6.26% (Sep 2021) 5.41% (Jan 2022) 23.00 L -1.50 L
# State Bank Of India Banks 5283.5 4.50% 0.00% 4.44% (Jan 2022) 3.44% (Aug 2021) 1.00 Cr 0.00
# Axis Bank Ltd. Banks 4855.8 4.14% 0.00% 4.31% (Feb 2022) 3.59% (Nov 2021) 67.00 L 0.00
# Housing Development Finance Corporation Ltd. Housing finance 4280 3.65% 0.00% 3.89% (Oct 2021) 3.35% (Jul 2021) 18.00 L 0.00
# Larsen & Toubro Ltd. Engineering, designing, construction 3616.1 3.08% 0.00% 4.45% (Nov 2021) 2.91% (Jun 2022) 20.00 L 0.00
# National Thermal Power Corporation Ltd. Power 2751.6 2.34% 0.00% 2.5% (May 2022) 1.68% (Aug 2021) 1.80 Cr 0.00
# Bajaj Finance Ltd. Nbfc 2739.5 2.33% 0.00% 2.17% (Apr 2022) 0% (Jul 2021) 3.80 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.55%
Net Receivables Net Receivables 0.25%
Housing Development Finance Corporation Ltd. - Warrants Warrants 0.00%
Margin Margin 0.00%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th July, 2022)

  • Standard Deviation

    High volatility
    22.94vs20.71
    Category Avg
  • Beta

    High volatility
    1.01vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.53vs0.75
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.12vs0.17
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.84vs2.21
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Tax Saver Fund - Direct Plan - Growth 4 9408.98 7.73 10.72 6.75 16.45 18.26
Quant Tax Plan - Direct Plan - Growth 5 1584.38 8.72 11.12 2.87 15.44 40.49
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 680.09 5.85 7.38 1.57 14.46 24.78
Tata India Tax Savings Fund - Direct Plan - Growth 3 3014.29 9.07 11.94 2.81 12.30 19.36
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3692.39 7.21 8.95 0.36 12.09 25.28
Sundaram Tax Saving Fund - Direct Plan - Growth 3 930.44 7.83 11.29 1.74 12.06 20.36
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 485.36 9.11 12.33 2.67 11.33 22.69
Kotak Tax Saver Fund - Direct Plan - Growth 4 2794.27 8.50 10.43 2.41 11.10 21.28
Union Long Term Equity Fund - Direct Plan - Growth 4 478.56 9.11 11.47 3.06 10.51 22.44
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 5 397.64 6.51 7.97 -0.12 10.36 21.40

More Funds from Nippon India Mutual Fund

Out of 68 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 7 is/are ranked 4 * , 9 is/are ranked 3 * , 7 is/are ranked 2 * , 2 is/are ranked 1 * , and 41 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Nippon India Liquid Fund - Direct Plan - Growth 2 27702.88 0.41 1.22 2.07 3.84 4.15
Nippon India Small Cap Fund - Direct Plan - Growth 4 20362.58 7.04 12.10 2.90 16.81 35.77
Nippon India Multicap Fund - Direct Plan - Growth 4 12637.80 8.40 13.42 7.70 22.66 21.40
Nippon India Growth Fund - Direct Plan - Growth 3 12449.52 8.25 12.67 4.35 13.22 26.88
Nippon India Overnight Fund - Direct Plan - Growth NA 12008.81 0.41 1.15 2.02 3.72 3.69
Nippon India Tax Saver Fund - Direct Plan - Growth 3 11740.98 8.43 10.77 2.34 11.03 18.29
Nippon India Large Cap Fund - Direct Plan - Growth 5 11724.48 8.76 12.84 5.79 16.42 18.84
Nippon India Floating Rate Fund - Direct Plan - Growth 3 10643.18 0.46 1.30 1.37 3.20 6.87
Nippon India Arbitrage Fund - Direct Plan - Growth 4 10294.81 0.25 0.93 1.80 4.13 4.75
Nippon India Money Market Fund - Direct Plan - Growth 5 9970.97 0.43 1.33 2.17 4.14 5.10

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