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Nippon India Tax Saver Fund - Growth

  • Regular
  • Direct
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)Ashwani Kumar
  • Launch date – 21-Sep-2005
  • Expense ratio – 1.73% as declared on 30-Sep-2019 (category average is 2.1%)
  • Benchmark - S&P BSE 100 TRI
  • Min SIP amount - ₹500
  • Min investment amount (one time- first time) - ₹
  • Min investment amount (addtional purchase) - ₹
  • Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Net Buy Price
Buy Date
Sell Date
  • Gross Profit
  • Exit Charges
  • Net Profit

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 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).

Contact Details

Reliance Nippon Life Asset Management Limited
Registered Office: Reliance Centre, 7th Floor South Wing, Off Western Express Highway, Santacruz(E) Mumbai-400055
Tel no.: 022-33031000/Touchbase30301111
Fax no.: 022-33037662
Website.: www.reliancemutual.com

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