you are here:

Nippon India Tax Saver Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 86.7996 0.69%
    (as on 18th October, 2021)
Invest Now
Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Very High

Fund has 98.93% investment in indian stocks of which 67.51% is in large cap stocks, 10.69% is in mid cap stocks, 9.6% 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.

This Scheme
VS
  • Benchmark
    S&P BSE 200 TRI
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • S&P BSE 200 TRI : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 18th October, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 11-Oct-21 10319.10 3.19% - 2.54% 8/58
1 Month 17-Sep-21 10583.80 5.84% - 5.61% 24/58
3 Month 16-Jul-21 11663.70 16.64% - 13.87% 9/58
6 Month 16-Apr-21 13077.60 30.78% - 33.33% 33/58
YTD 01-Jan-21 14668.80 46.69% - 44.25% 15/58
1 Year 16-Oct-20 17893.50 78.94% 78.37% 72.66% 14/58
2 Year 18-Oct-19 15890.40 58.90% 26.02% 33.21% 46/58
3 Year 17-Oct-18 16170.20 61.70% 17.34% 24.37% 50/54
5 Year 18-Oct-16 16442.10 64.42% 10.45% 16.83% 42/42
Since Inception 02-Jan-13 34886.00 248.86% 15.26% 18.43% 43/54

SIP Returns (NAV as on 18th October, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 16-Oct-20 12000 16109.1 34.24 % 68.71 %
2 Year 18-Oct-19 24000 37616.1 56.73 % 50 %
3 Year 17-Oct-18 36000 56418.71 56.72 % 31.42 %
5 Year 18-Oct-16 60000 91606.67 52.68 % 16.94 %
 

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 30th Sep,2021)

Portfolio Turnover Ratio : 50.00%  |   Category average turnover ratio is 53.40%  
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 : 98.93% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.93%
No of Stocks : 53 (Category Avg - 48.97) | Large Cap Investments : 67.51%| Mid Cap Investments : 10.69% | Small Cap Investments : 9.6% | Other : 11.13%

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 10686.2 8.57% 0.02% 10.03% (Nov 2020) 8.52% (Jul 2021) 67.00 L 0.00
Infosys Ltd. Computers - software 9381.1 7.52% -0.20% 9.76% (Mar 2021) 7.05% (Nov 2020) 56.00 L 0.00
Reliance Industries Ltd. Refineries/marketing 7809.7 6.26% 0.43% 9.62% (Oct 2020) 4.82% (Mar 2021) 31.00 L -1.00 L
ICICI Bank Ltd. Banks 7779.4 6.24% -0.61% 6.85% (Aug 2021) 6.12% (Feb 2021) 1.11 Cr -7.00 L
Larsen & Toubro Ltd. Engineering, designing, construction 5175.7 4.15% 0.05% 4.15% (Sep 2021) 2.66% (Oct 2020) 30.39 L 0.00
Axis Bank Ltd. Banks 4829.3 3.87% -0.13% 4% (Aug 2021) 2.21% (Oct 2020) 63.00 L 0.00
- Bharti Airtel Ltd. Telecom - services 4818.1 3.86% 0.00% 4.11% (Jan 2021) 3.14% (Mar 2021) 70.00 L -2.00 L
State Bank Of India Banks 4530 3.63% 0.19% 4.09% (Apr 2021) 2.63% (Oct 2020) 1.00 Cr 0.00
Housing Development Finance Corporation Ltd. Housing finance 4463.3 3.58% -0.08% 5.13% (Oct 2020) 3.17% (Apr 2021) 16.20 L 0.00
Sun Pharmaceutical Industries Ltd. Pharmaceuticals 4254.9 3.41% -0.02% 3.51% (Jul 2021) 2.4% (Nov 2020) 52.00 L -1.56 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 0.83%
Housing Development Finance Corporation Ltd. - Warrants Warrants 0.13%
Net Receivables Net Receivables 0.11%
Margin Margin 0.00%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2021)

  • Standard Deviation

    High volatility
    22.71vs19.05
    Category Avg
  • Beta

    High volatility
    0.99vs0.85
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.49vs0.83
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.11vs0.19
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -3.45vs2.47
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 433.15 9.09 14.08 42.13 107.90 40.73
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3439.01 8.91 15.19 35.17 89.10 26.43
Franklin India Taxshield Fund - Direct - Growth 3 5020.57 9.06 15.70 34.44 79.18 21.74
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 419.70 4.81 14.52 32.76 75.38 23.86
Baroda ELSS - 96 - Plan B (Direct) - Growth 3 217.67 8.19 20.62 38.40 74.64 24.42
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 517.49 4.38 14.14 35.72 74.18 33.18
DSP Tax Saver Fund - Direct Plan - Growth 4 9755.66 3.89 12.14 30.66 74.08 27.51
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 3 10028.81 5.46 16.57 31.16 73.51 22.66
JM Tax Gain Fund - (Direct) - Growth 3 65.33 6.63 17.13 32.07 71.99 27.57
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 9831.97 5.43 15.14 31.73 71.65 29.79

More Funds from Nippon India Mutual Fund

Out of 108 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 6 is/are ranked 4 * , 9 is/are ranked 3 * , 6 is/are ranked 2 * , 5 is/are ranked 1 * , and 81 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 21654.55 0.26 0.83 1.66 3.28 5.12
Nippon India Floating Rate Fund - Direct Plan - Growth 3 20566.13 0.04 1.13 3.02 5.31 8.93
Nippon India Small Cap Fund - Direct Plan - Growth 4 17282.21 6.50 13.53 45.54 112.06 31.51
Nippon India Tax Saver Fund - Direct Plan - Growth 1 12466.99 5.84 16.64 30.78 78.37 17.34
Nippon India Arbitrage Fund - Direct Plan - Growth 3 12450.91 0.21 0.92 2.21 4.39 5.56
Nippon India Growth Fund - Direct Plan - Growth 3 11839.23 7.42 17.25 42.04 90.93 30.35
Nippon India Large Cap Fund - Direct Plan - Growth 2 11331.55 6.20 17.48 33.04 74.88 20.32
Nippon India Multicap Fund - Direct Plan - Growth 1 11079.18 6.43 18.87 37.62 91.43 21.57
Nippon India Short Term Fund - Direct Plan - Growth 4 10552.76 0.18 1.48 3.42 6.21 9.13
Nippon India Money Market - Direct Plan - Growth 3 8560.55 0.27 0.94 1.96 3.93 6.41

Forum

+ See More