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Nippon India Tax Saver Fund - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 77.4727 -0.23%
    (as on 24th September, 2021)
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Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Very High

Fund has 98.56% investment in indian stocks of which 67.36% is in large cap stocks, 9.51% is in mid cap stocks, 10.61% 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.

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Returns (NAV as on 24th September, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 17-Sep-21 10095.30 0.95% - 0.81% 27/66
1 Month 24-Aug-21 10679.60 6.80% - 7.62% 46/66
3 Month 24-Jun-21 11469.90 14.70% - 13.28% 20/66
6 Month 24-Mar-21 12571.10 25.71% - 27.44% 32/66
YTD 01-Jan-21 13923.40 39.23% - 36.62% 15/66
1 Year 24-Sep-20 18117.00 81.17% 81.17% 73.19% 12/66
2 Year 24-Sep-19 14998.00 49.98% 22.43% 28.79% 54/65
3 Year 24-Sep-18 14082.20 40.82% 12.08% 19.23% 59/62
5 Year 23-Sep-16 15272.50 52.73% 8.83% 15.20% 44/44
10 Year 23-Sep-11 39736.90 297.37% 14.78% 16.11% 23/28
Since Inception 21-Sep-05 77472.70 674.73% 13.63% 15.95% 39/62

SIP Returns (NAV as on 24th September, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 24-Sep-20 12000 16028.24 33.57 % 67.3 %
2 Year 24-Sep-19 24000 36427.95 51.78 % 45.87 %
3 Year 24-Sep-18 36000 53980.92 49.95 % 28.1 %
5 Year 23-Sep-16 60000 86774.77 44.62 % 14.72 %
10 Year 23-Sep-11 120000 250444.63 108.7 % 14.08 %
 

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,2021)

Portfolio Turnover Ratio : 52.00%  |   Category average turnover ratio is 73.72%  
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 : 98.56% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.56%
No of Stocks : 54 (Category Avg - 49.54) | Large Cap Investments : 67.36%| Mid Cap Investments : 9.51% | Small Cap Investments : 10.61% | Other : 11.08%

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 10595.4 8.55% 0.03% 10.03% (Nov 2020) 8.52% (Jul 2021) 67.00 L -3.63 L
Infosys Ltd. Computers - software 9556.1 7.72% -1.00% 9.76% (Mar 2021) 7.05% (Nov 2020) 56.00 L -8.00 L
ICICI Bank Ltd. Banks 8484.8 6.85% 0.04% 6.85% (Aug 2021) 6.12% (Feb 2021) 1.18 Cr 0.00
Reliance Industries Ltd. Refineries/marketing 7226.1 5.83% 0.32% 9.92% (Sep 2020) 4.82% (Mar 2021) 32.00 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 5082.2 4.10% -0.02% 4.12% (Jul 2021) 2.66% (Oct 2020) 30.39 L 0.00
Axis Bank Ltd. Banks 4955 4.00% 0.22% 4% (Aug 2021) 1.76% (Sep 2020) 63.00 L 0.00
Bharti Airtel Ltd. Telecom - services 4781.2 3.86% 0.44% 4.11% (Jan 2021) 3.14% (Mar 2021) 72.00 L 0.00
Housing Development Finance Corporation Ltd. Housing finance 4534.9 3.66% 0.31% 5.21% (Sep 2020) 3.17% (Apr 2021) 16.20 L 0.00
State Bank Of India Banks 4260.5 3.44% -0.21% 4.09% (Apr 2021) 2.63% (Oct 2020) 1.00 Cr 0.00
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 4253.1 3.43% -0.08% 3.51% (Jul 2021) 2.4% (Nov 2020) 53.56 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 0.88%
Net Receivables Net Receivables 0.43%
Housing Development Finance Corporation Ltd. - Warrants Warrants 0.13%
Margin Margin 0.00%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st August, 2021)

  • Standard Deviation

    High volatility
    22.84vs19.37
    Category Avg
  • Beta

    High volatility
    0.99vs0.86
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.31vs0.6
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.07vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -3.97vs1.89
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 368.44 8.45 11.12 37.15 95.94 32.84
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3338.88 8.53 11.75 28.70 85.04 20.00
Franklin India Taxshield Fund - Growth 3 4876.56 7.06 10.17 23.39 79.50 15.89
DSP Tax Saver Fund - Regular Plan - Growth 4 9674.96 5.61 12.42 28.34 79.00 22.62
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 409.09 7.17 13.66 28.29 77.50 18.70
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 512.07 7.88 16.52 32.91 77.19 27.13
JM Tax Gain Fund - Growth 3 62.82 9.41 15.80 26.38 77.12 22.64
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 3 9825.37 7.77 15.45 26.45 76.76 18.15
Motilal Oswal Long Term Equity Fund - Growth 2 2399.62 5.42 12.87 25.66 76.69 17.75
Axis Long Term Equity Fund - Growth 3 33871.43 9.05 16.64 27.61 74.90 22.06

More Funds from Nippon India Mutual Fund

Out of 140 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 8 is/are ranked 4 * , 10 is/are ranked 3 * , 6 is/are ranked 2 * , 7 is/are ranked 1 * , and 107 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 24715.49 0.25 0.81 1.61 3.16 5.11
Nippon India Floating Rate Fund - Growth 3 18784.04 0.26 1.44 3.17 6.08 8.77
Nippon India Small Cap Fund - Growth 4 16632.78 9.19 15.75 39.93 101.93 25.61
CPSE ETF NA 14400.28 12.02 7.74 24.57 76.68 1.41
CPSE ETF NA 14400.28 12.15 7.88 24.77 77.35 1.80
Nippon India Arbitrage Fund - Growth 3 12972.41 0.27 0.88 2.12 3.81 4.99
Nippon India Tax Saver Fund - Growth 1 12385.02 6.80 14.70 25.71 81.17 12.08
Nippon India Growth Fund - Growth 3 11321.55 9.16 18.45 33.27 84.20 25.04
Nippon India Large Cap Fund - Growth 2 11024.66 8.26 14.33 26.13 76.22 15.27
Nippon India Multicap Fund - Growth 1 10622.15 9.65 18.03 31.32 91.52 17.04

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