Nippon India ELSS Tax Saver Fund - 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

Scheme Objective

To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

Scheme Details

Fund manager(s) – Rupesh Patel , Ritesh Rathod
Launch date – 21-Sep-2005
Expense ratio – 1.69% as declared on 31-Jul-2025 (category average is 1.9%)
Benchmark - Nifty 500 TRI

Min SIP amount - ₹500
Min investment amount (one time- first time) - ₹500
Min investment amount (addtional purchase) - ₹500
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

14934.46

0.00

0.00%

Aug - 2025	14934.46	0.00%
Jul - 2025	15338.90	0.00%
Jun - 2025	15623.15	0.00%
May - 2025	15291.63	0.00%
Apr - 2025	14781.61	0.00%
Mar - 2025	14392.25	0.00%
Feb - 2025	13354.46	0.00%
Jan - 2025	14449.23	0.00%

2024

15198.77

0.00

0.00%

Dec - 2024	15198.77	0.00	0.00%
Nov - 2024	15665.55	0.00	0.00%
Oct - 2024	15673.23	0.00	0.00%
Sep - 2024	16711.00	0.00	0.00%
Aug - 2024	16465.39	0.00	0.00%
Jul - 2024	16547.11	0.00	0.00%
Jun - 2024	15916.96	0.00	0.00%
May - 2024	15026.04	225918.37	6.65%
Apr - 2024	14931.84	224447.92	6.65%
Mar - 2024	14322.15	215733.68	6.64%
Feb - 2024	14287.55	211315.08	6.76%
Jan - 2024	14166.15	206353.50	6.86%

2023

14027.85

202269.65

6.94%

Dec - 2023	14027.85	202269.65	6.94%
Nov - 2023	13073.47	189848.40	6.89%
Oct - 2023	12323.18	176832.72	6.97%
Sep - 2023	12734.02	181500.96	7.02%
Aug - 2023	12543.76	177892.68	7.05%
Jul - 2023	12634.38	178192.13	7.09%
Jun - 2023	12198.88	172211.10	7.08%
May - 2023	11685.63	164815.48	7.09%
Apr - 2023	11451.40	158904.44	7.21%
Mar - 2023	11157.56	151907.17	7.34%
Feb - 2023	11210.87	150529.10	7.45%
Jan - 2023	11546.41	151722.94	7.61%

2022

11924.32

155162.38

7.69%

Dec - 2022	11924.32	155162.38	7.69%
Nov - 2022	12352.45	159241.35	7.76%
Oct - 2022	12051.94	155754.86	7.74%
Sep - 2022	11625.31	149928.78	7.75%
Aug - 2022	12040.75	154084.09	7.81%
Jul - 2022	11740.98	148373.94	7.91%
Jun - 2022	10710.88	134666.43	7.95%
May - 2022	11234.96	141265.38	7.95%
Apr - 2022	11679.10	146552.48	7.97%
Mar - 2022	12022.72	148040.08	8.12%
Feb - 2022	11531.91	141131.81	8.17%
Jan - 2022	12123.11	147053.56	8.24%

2021

12023.75

148232.86

8.11%

Dec - 2021	12023.75	148232.86	8.11%
Nov - 2021	11884.76	144753.62	8.21%
Oct - 2021	12445.80	148577.02	8.38%
Sep - 2021	12466.99	147829.39	8.43%
Aug - 2021	12385.02	144267.68	8.58%
Jul - 2021	11822.53	136960.26	8.63%
Jun - 2021	11671.52	133939.01	8.71%
May - 2021	11667.38	130955.85	8.91%
Apr - 2021	11115.39	123640.14	8.99%
Mar - 2021	11219.23	123199.95	9.11%
Feb - 2021	11221.68	120899.33	9.28%
Jan - 2021	10244.71	112583.71	9.10%

2020

10563.69

115739.83

9.13%

Dec - 2020	10563.69	115739.83	9.13%
Nov - 2020	9987.34	108779.40	9.18%
Oct - 2020	9003.06	97909.68	9.20%
Sep - 2020	8783.37	95751.81	9.17%
Aug - 2020	9029.72	96606.63	9.35%
Jul - 2020	8609.72	92428.35	9.32%
Jun - 2020	8204.08	87892.67	9.33%
May - 2020	7573.02	81475.88	9.29%
Apr - 2020	7994.60	83177.04	9.61%
Mar - 2020	7079.50	72871.55	9.72%
Feb - 2020	9527.73	94083.33	10.13%
Jan - 2020	10583.85	98551.37	10.74%

Tax Rate

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 12.5%, if your total long term capital gain exceeds 1.25 lakhs 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).

Contact Details

Nippon Life India Asset Management Limited

Registered Office: 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400 013
Tel no.: 022-6808 7000/1860 266 0111
Fax no.: 022-6808 7097
Website.: mf.nipponindiaim.com

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hunch
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18 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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shravanashok
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33 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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The Fixed Income
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13 hrs ago

Power Your Savings with a High-Yield PSU Bond Meghalaya Energy Corporation Limited – 2030 Bonds now listed on The Fixed Income ✔️ Coupon: 11.45% p.a. ✔️ Rating: BRICKWORK (BWR) A-(CE) Stable, Acuite (SMERA) A-(CE) Stable ✔️ Tenor: 4 years 5 months (Maturity: Feb 13, 2030) ✔️ Senior Secured | PSU Bond | High Return | Listed Leverage the security of a state-backed PSU with a robust return—ideal for investors seeking dependable growth and strong performance. ???? Explore this powerful investment on The Fixed Income today: https://www.thefixedincome.com/product/dXhXdlpnPT0=/1145-meghalaya-energy-corporation-limited-2030?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Power Your Savings with a High-Yield PSU Bond Meghalaya Energy Corporation Limited – 2030 Bonds now listed on The Fixed Income ✔️ Coupon: 11.45% p.a. ✔️ Rating: BRICKWORK (BWR) A-(CE) Stable, Acuite (SMERA) A-(CE) Stable ✔️ Tenor: 4 years 5 months (Maturity: Feb 13, 2030) ✔️ Senior Secured | PSU Bond | High Return | Listed Leverage the security of a state-backed PSU with a robust return—ideal for investors seeking dependable growth and strong performance. ???? Explore this powerful investment on The Fixed Income today: https://www.thefixedincome.com/product/dXhXdlpnPT0=/1145-meghalaya-energy-corporation-limited-2030?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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84 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Progrowth Finwealth
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84 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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h_purandare
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90 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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