Nippon India Tax Saver Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : ELSS

Fund House : Nippon India Mutual Fund

NAV

This number shows latest NAV (Net Asset Value) and change in the NAV from previous day. NAV is nothing but the unit price for the fund. You will be allocated number of units based on this price. NAV is declared once each day generally at the end of the day. Once you invest in mutual funds, your money is further invested in stocks and bonds by mutual fund managers. Mutual Fund NAV is the per unit latest value of all such stocks/bonds held in the portfolio

: ₹ 84.693 0.95%
(as on 11th August, 2022)

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Crisil Rank

Average performance among peers

Fund Size

: ₹ 11740.98 Cr

(8.33% of Investment in Category)

Expense Ratio

: 0.86%

(1.09% Category average)

Risk-O-Meter

Very High

ELSS :ELSS : 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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6M
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ALL

This Scheme

VS

Benchmark
Nifty 500 TRI

8.96%

10.38%

2.28%

10.19%

28.98%

13.67%

6.53%
NA
8.37%

11.14%

1.93%

9.93%

32.12%

13.72%

15.56%

NA
Gold

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SIP Calculator
VIP (Value Avg)

Amount

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Profit/Loss

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Annualised Returns

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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

Returns Calculator Detailed Returns Analysis

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 %

SIP Calculator Detailed Returns Analysis

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.

Detailed Portfolio Analysis

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%

Detailed Portfolio Analysis

Risk Ratios

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

Standard Deviation
Standard Deviation value gives an idea about how volatile fund returns has been in the past 3 years. Lower value indicates more predictable performance. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A standard deviation value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

22.94vs20.71

Category Avg
Beta
Beta value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market. So if you are comparing 2 funds (lets say Fund A and Fund B) in the same category. If Fund A and Fund B has given 9% returns in last 3 years, but Fund A beta value is lower than Fund B. So you can say that there is a higher chance that Fund A will continue giving similar returns in future also whereas Fund B returns may vary.

High volatility

1.01vs0.9

Category Avg
Sharpe Ratio
Sharpe ratio indicates how much risk was taken to generate the returns. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Sharpe ratio of 1.40 and fund B has a Sharpe ratio of 1.25, you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.53vs0.75

Category Avg
Treynor's Ratio
Treynor's ratio indicates how much excess return was generated for each unit of risk taken. Higher the value means, fund has been able to give better returns for the amount of risk taken. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the beta of returns. For example, if fund A and fund B both have 3-year returns of 15%, and fund A has a Treynor's ratio of 1.40 and fund B has a Treynor's ratio of 1.25, then you can chooses fund A, as it has given higher risk-adjusted return.

Poor risk adjusted returns

0.12vs0.17

Category Avg
Jension's Alpha
Alpha indicates how fund generated additional returns compared to a benchmark. Let's say if a fund A benchmarks its returns with Nifty50 returns then alpha equal to 1.0 indicates the fund has beaten the nifty returns by 1%, so the higher the alpha, the better.

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

Detailed Comparison

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