Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option

(Erstwhile Reliance Tax Saver (ELSS) Fund-Growth Plan-Growth Option)

Category: Equity: ELSS
Launch Date: 05-09-2005
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 1.71% As on (31-03-2024)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 14,322.15 Cr As on (31-03-2024)
Turn over: 25
NAV as on 22-04-2024

112.2154

1.13 (1.0034%)

CAGR Since Inception

13.88%

NIFTY 500 TRI 12.58%

PERFORMANCE of Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option

Scheme Performance (%) Data as on - 22-04-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 44.01 22.1 14.84 14.52 13.88
NIFTY 500 TRI 39.91 20.49 17.72 15.71 12.58
Equity: ELSS 39.92 20.14 17.29 16.19 16.24

Yearly Performance (%)

Nav Movement

Fund Managers

Rupesh Patel, Ashutosh Bhargava

Investment Objective

The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

RETURNS CALCULATOR for Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Riskometer

Key Performance and Risk Statistics of Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 12.96 1.13 1.66 0.96 - -
Equity: ELSS - - - - - -

PEER COMPARISION of Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option

Period
Data as on - 22-04-2024
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 44.01 21.33 22.1 14.84 14.52
Quant ELSS Tax Saver Fund - Growth Option - Regular Plan 01-04-2000 61.56 25.64 30.54 31.84 25.24
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 59.87 31.56 28.29 21.48 16.94
Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option 05-01-2015 58.48 30.25 25.73 20.56 0.0
BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth 25-02-2009 54.93 26.43 25.03 25.38 18.89
ITI ELSS Tax Saver Fund - Regular Plan - Growth Option 18-10-2019 53.52 27.2 18.96 0.0 0.0
JM ELSS Tax Saver Fund (Regular) - Growth option 31-03-2008 48.43 23.68 22.85 19.97 17.88
HDFC ELSS Tax saver - Growth Plan 05-03-1996 45.8 26.0 27.05 17.59 15.05
Franklin India ELSS Tax Saver Fund-Growth 05-04-1999 45.62 22.82 23.62 17.67 16.39
WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth 14-10-2022 44.13 0.0 0.0 0.0 0.0

PORTFOLIO ANALYSIS of Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option

Asset Allocation (%)