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Nippon India Tax Saver Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House :
  • NAV
    : ₹ 78.5045 -1.96%
    (as on 23rd September, 2022)
Crisil Rank
Average performance among peers
Risk-O-Meter
Very High

The fund has 97.7% investment in domestic equities of which 59.58% is in Large Cap stocks, 10.46% is in Mid Cap stocks, 10.81% 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 23rd September, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 16-Sep-22 9854.50 -1.46% - -1.24% 39/59
1 Month 23-Aug-22 10028.80 0.29% - 0.86% 33/59
3 Month 23-Jun-22 11510.90 15.11% - 15.23% 21/59
6 Month 23-Mar-22 10358.20 3.58% - 3.87% 32/59
YTD 31-Dec-21 10310.30 3.10% - 0.84% 17/59
1 Year 23-Sep-21 10109.80 1.10% 1.10% 1.42% 27/59
2 Year 23-Sep-20 17832.10 78.32% 33.54% 31.09% 14/59
3 Year 23-Sep-19 15019.90 50.20% 14.51% 19.03% 42/58
5 Year 22-Sep-17 12864.90 28.65% 5.16% 11.66% 46/47
10 Year 21-Sep-12 34863.00 248.63% 13.29% 14.46% 23/29
Since Inception 21-Sep-05 78504.50 685.04% 12.87% 14.01% 30/57

SIP Returns (NAV as on 23rd September, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 23-Sep-21 12000 12521.18 4.34 % 8.12 %
2 Year 23-Sep-20 24000 28753.58 19.81 % 18.4 %
3 Year 23-Sep-19 36000 49354.56 37.1 % 21.57 %
5 Year 22-Sep-17 60000 82679.14 37.8 % 12.77 %
10 Year 21-Sep-12 120000 218599.43 82.17 % 11.53 %
 

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 Aug,2022)

Portfolio Turnover Ratio : 33.00%  |   Category average turnover ratio is 49.75%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 97.70% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.70%
No of Stocks : 54 (Category Avg - 46.50) | Large Cap Investments : 59.58%| Mid Cap Investments : 10.46% | Small Cap Investments : 10.81% | Other : 16.85%

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
ICICI Bank Ltd. Banks 9760.3 8.11% 0.44% 8.11% (Aug 2022) 6.24% (Sep 2021) 1.10 Cr 0.00
HDFC Bank Ltd. Banks 9511 7.90% 0.08% 8.57% (Sep 2021) 7.46% (Mar 2022) 64.00 L 0.00
Infosys Ltd. Computers - software 7166.2 5.95% -0.39% 7.93% (Nov 2021) 5.95% (Aug 2022) 48.00 L 0.00
Reliance Industries Ltd. Refineries/marketing 6067.3 5.04% 0.12% 6.26% (Sep 2021) 4.92% (Jul 2022) 23.00 L 0.00
State Bank Of India Banks 5312.5 4.41% -0.09% 4.5% (Jul 2022) 3.63% (Sep 2021) 1.00 Cr 0.00
Axis Bank Ltd. Banks 5035.1 4.18% 0.04% 4.31% (Feb 2022) 3.59% (Nov 2021) 67.00 L 0.00
Housing Development Finance Corporation Ltd. Housing finance 4403.5 3.66% 0.01% 3.89% (Oct 2021) 3.38% (Mar 2022) 18.00 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 3845 3.19% 0.11% 4.45% (Nov 2021) 2.91% (Jun 2022) 20.00 L 0.00
National Thermal Power Corporation Ltd. Power 2950.4 2.45% 0.11% 2.5% (May 2022) 1.86% (Dec 2021) 1.80 Cr 0.00
Kotak Mahindra Bank Ltd. Banks 2873.2 2.39% 0.08% 2.47% (May 2022) 1.21% (Sep 2021) 15.00 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 3.14%
Margin Margin 0.02%
Net Receivables Net Receivables -0.86%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th August, 2022)

  • Standard Deviation

    High volatility
    22.75vs20.63
    Category Avg
  • Beta

    High volatility
    0.97vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.7vs0.87
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.16vs0.2
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.42vs3.01
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 1787.29 6.51 24.93 13.82 14.71 39.59
HDFC Tax Saver Fund - Growth 4 9787.51 -0.03 13.53 8.13 6.36 15.63
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 733.49 2.46 12.71 5.46 4.37 22.31
Kotak Tax Saver Fund - Growth 4 2935.89 1.34 15.78 3.75 3.85 18.07
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3851.42 0.84 14.53 2.19 3.77 21.51
Sundaram Tax Saving Fund - Growth 3 969.37 0.94 14.15 4.95 2.71 18.47
SBI Long Term Equity Fund - Regular Plan - Growth 4 11204.25 0.08 14.05 5.53 2.25 17.60
PGIM India ELSS Tax Saver Fund - Growth 5 415.69 -0.51 11.36 0.25 2.07 18.05
Tata India Tax Savings Fund - Regular Plan - Growth 3 3118.97 0.07 14.84 2.83 1.97 15.30
Franklin India Taxshield Fund - Growth 3 4862.16 0.24 14.34 4.17 1.54 15.51

More Funds from

Out of 98 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 8 is/are ranked 4 * , 12 is/are ranked 3 * , 5 is/are ranked 2 * , 4 is/are ranked 1 * , and 67 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Nippon India Liquid Fund - Growth 2 27188.65 0.42 1.25 2.21 3.94 4.01
Nippon India Small Cap Fund - Growth 4 21655.19 4.35 21.12 8.54 12.30 33.37
CPSE ETF NA 19166.84 -0.53 13.08 6.24 24.82 13.91
CPSE ETF NA 19166.84 -0.47 13.22 6.41 25.44 14.39
Nippon India Growth Fund - Growth 3 13225.33 2.95 18.77 8.72 4.81 24.81
Nippon India Multicap Fund - Growth 4 13224.19 4.14 21.92 11.33 12.02 19.50
Nippon India Large Cap Fund - Growth 5 12192.84 0.57 16.01 7.09 5.42 15.65
Nippon India Tax Saver Fund - Growth 3 12040.75 0.29 15.11 3.58 1.10 14.51
Nippon India Money Market Fund - Growth 5 10728.10 0.37 1.34 2.22 4.17 4.94
Nippon India Overnight Fund - Regular Plan - Growth NA 10604.42 0.44 1.24 2.22 3.88 3.58

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