Nippon India Tax Saver (ELSS) Fund - Growth

Very High Risk
Equity
ELSS (Tax Savings)

NAV as on Jul 4, 2025

Price per unit of the scheme.

₹ 129.36090.21%1 Day Change

1.98%

Minimum Investment₹500

Expense Ratio1.73%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

Scheme Rating

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

Nippon India Tax Saver (ELSS) Fund - Growth

Equity: ELSS (Tax Savings) Average NAV

Topper in Equity: ELSS (Tax Savings)

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

Nippon India Tax Saver (ELSS) Fund - Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

IISL Nifty 500 TR INR

Expense Ratio

1.73%

Category Avg Expense Ratio

0.86%

Minimum Investment (Lumpsum/SIP)

₹ 500 /₹ 1000

Lock In (Years)

Fund Size

₹ 15,291.63 Cr(As on May, 2025)

Inception Date

Sep 21, 2005

Turnover

21.00 %

Exit Load

Nil

Objective: The primary objective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.However, there can be no assurance that the scheme's investment objective shall be achieved

Nippon India Tax Saver (ELSS) Fund - Growth is an Equity - ELSS (Tax Savings) fund. The fund was launched inSep 21, 2005. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹129.36. Its expense ratio is 1.73 %. The fund has an AUM of ₹15,291.63 Cr.The fund is managed byRupesh Patel,Ashutosh Bhargava,Kinjal Desai,Akshay Sharma,Ritesh Rathod.
The minimum initial investment is ₹500 in Lumpsum mode.

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FUND MANAGER

Rupesh Patel

Lead Fund Manager.

Jul 1, 2021 - Present

Fund Manager Rank9Out of 39
i
Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
Schemes managed2
Total AUM₹ 52,127.69 Cr
Highest Return In 1 Yr7.31 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

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

₹ 141.95

2.04%

3.20%

Very High Risk

₹15,291.63Cr

Nippon India Growth Fund - Direct Plan - Growth

₹ 4,594.83

3.03%

3.42%

Very High Risk

₹36,836.07Cr

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

Very High Risk

NAV₹ 141.95
Fund Size₹15,291.63Cr

Fund Return2.04%

Category Return3.20%

Nippon India Growth Fund - Direct Plan - Growth

Very High Risk

NAV₹ 4,594.83
Fund Size₹36,836.07Cr

Fund Return3.03%

Category Return3.42%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Ashutosh Bhargava

Lead Fund Manager.

Jul 1, 2020 - Present

Schemes managed15
Total AUM₹ 1,20,740.94 Cr
Highest Return In 1 Yr126.02 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Quant Fund - Direct Plan - Growth Plan

₹ 78.23

4.00%

Very High Risk

₹97.14Cr

Nippon India Balanced Advantage Fund Direct Growth Plan

₹ 200.65

1.82%

2.04%

High Risk

₹9,190.17Cr

Nippon India Asset Allocator FoF Direct Growth

₹ 22.61

1.67%

Very High Risk

₹597.94Cr

Nippon India Quant Fund - Direct Plan - Growth Plan

Very High Risk

NAV₹ 78.23
Fund Size₹97.14Cr

Fund Return4.00%

Category Return--

Nippon India Balanced Advantage Fund Direct Growth Plan

High Risk

NAV₹ 200.65
Fund Size₹9,190.17Cr

Fund Return1.82%

Category Return2.04%

Nippon India Asset Allocator FoF Direct Growth

Very High Risk--

NAV₹ 22.61
Fund Size₹597.94Cr

Fund Return1.67%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Kinjal Desai

Lead Fund Manager.

May 25, 2018 - Present

Schemes managed52
Total AUM₹ 4,18,449.98 Cr
Highest Return In 1 Yr340.03 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Small Cap Fund - Direct Plan - Growth Plan

₹ 194.35

3.97%

3.87%

Very High Risk

₹63,006.73Cr

Nippon India Credit Risk Fund Direct Plan Growth Option

₹ 38.65

0.76%

0.40%

High Risk

₹1,017.30Cr

Nippon India Pharma Fund - Direct Plan - Growth Plan

₹ 582.05

3.72%

4.84%

Very High Risk

₹8,352.16Cr

Nippon India Small Cap Fund - Direct Plan - Growth Plan

Very High Risk

NAV₹ 194.35
Fund Size₹63,006.73Cr

Fund Return3.97%

Category Return3.87%

Nippon India Credit Risk Fund Direct Plan Growth Option

High Risk

NAV₹ 38.65
Fund Size₹1,017.30Cr

Fund Return0.76%

Category Return0.40%

Nippon India Pharma Fund - Direct Plan - Growth Plan

Very High Risk--

NAV₹ 582.05
Fund Size₹8,352.16Cr

Fund Return3.72%

Category Return4.84%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Akshay Sharma

Lead Fund Manager.

Dec 1, 2022 - Present

Schemes managed51
Total AUM₹ 4,18,443.82 Cr
Highest Return In 1 Yr340.03 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

Nippon India Pharma Fund - Direct Plan - Growth Plan

₹ 582.05

3.72%

4.84%

Very High Risk

₹8,352.16Cr

Nippon India Small Cap Fund - Direct Plan - Growth Plan

₹ 194.35

3.97%

3.87%

Very High Risk

₹63,006.73Cr

Nippon India Balanced Advantage Fund Direct Growth Plan

₹ 200.65

1.82%

2.04%

High Risk

₹9,190.17Cr

Nippon India Pharma Fund - Direct Plan - Growth Plan

Very High Risk--

NAV₹ 582.05
Fund Size₹8,352.16Cr

Fund Return3.72%

Category Return4.84%

Nippon India Small Cap Fund - Direct Plan - Growth Plan

Very High Risk

NAV₹ 194.35
Fund Size₹63,006.73Cr

Fund Return3.97%

Category Return3.87%

Nippon India Balanced Advantage Fund Direct Growth Plan

High Risk

NAV₹ 200.65
Fund Size₹9,190.17Cr

Fund Return1.82%

Category Return2.04%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Ritesh Rathod

Lead Fund Manager.

Aug 19, 2024 - Present

Schemes managed1
Total AUM₹ 15,291.63 Cr
Highest Return In 1 Yr2.01 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

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

₹ 141.95

2.04%

3.20%

Very High Risk

₹15,291.63Cr

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

Very High Risk

NAV₹ 141.95
Fund Size₹15,291.63Cr

Fund Return2.04%

Category Return3.20%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on May, 2025

EQUITY (98.80%)

DEBT (-%)

CASH (1.20%)

Allocation by Market Cap

Large Cap(67.20%)

Mid Cap(14.69%)

Small Cap(16.65%)

Industry Holdings

Banks Regional24.34%
Auto Parts6.30%
Credit Services5.94%
Information Technology Services4.44%
Utilities Regulated Electric4.41%
Telecom Services3.51%

Stock Holdings

ICICI Bank Ltd8.89%
HDFC Bank Ltd7.12%
Axis Bank Ltd3.98%
Infosys Ltd3.46%
NTPC Ltd3.17%
Larsen & Toubro Ltd3.12%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
----
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
----
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
----
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
1.78
This Fund
VS
2.27
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
94.99
This Fund
VS
86.94
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
1.00
This Fund
VS
0.93
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
1.08
This Fund
VS
1.08
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.93
This Fund
VS
1.89
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
14.20
This Fund
VS
13.75
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth ₹ 6,26,475.15 crores. It’s current offering of mutual fund schemes includes 33 equity, 78 debt and 13 hybrid schemes.

Phone

022-6808 7000/18602660111

customercare@nipponindiaim.in

AUM

₹ 6,26,475.15 Cr (

As on May 31, 2025

)

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai,400 013

FAQ's

What is the category of Nippon India Tax Saver (ELSS) Fund - Growth ?

The category of Nippon India Tax Saver (ELSS) Fund - Growth is Equity - ELSS (Tax Savings)

What is the current NAV of Nippon India Tax Saver (ELSS) Fund - Growth ?

The current NAV of Nippon India Tax Saver (ELSS) Fund - Growth as on Jul 04, 2025 is ₹129.36

How safe is Nippon India Tax Saver (ELSS) Fund - Growth ?

The risk level of Nippon India Tax Saver (ELSS) Fund - Growth is Very High.

What are short term returns given by Nippon India Tax Saver (ELSS) Fund - Growth ?

The return given by Nippon India Tax Saver (ELSS) Fund - Growth in 1 month is 1.98%, 3 months is 11.86%, 6 months is 3.84%, and 1 year is 1.33%

What are the long term returns given by Nippon India Tax Saver (ELSS) Fund - Growth ?

The return given by Nippon India Tax Saver (ELSS) Fund - Growth in 3 years is 22.40% and 5 years is 25.00%.

What is the expense ratio of Nippon India Tax Saver (ELSS) Fund - Growth ?

The expense ratio of Nippon India Tax Saver (ELSS) Fund - Growth is 1.73%

What is the AUM of Nippon India Tax Saver (ELSS) Fund - Growth ?

The assets under Management (AUM) of Nippon India Tax Saver (ELSS) Fund - Growth is Rs 15,291.63 crores.

What is the minimum investment in Nippon India Tax Saver (ELSS) Fund - Growth ?

The minimum Lumpsum investment in Nippon India Tax Saver (ELSS) Fund - Growth is ₹500.00 and the minimum SIP investment in Nippon India Tax Saver (ELSS) Fund - Growth is ₹1,000.00

What is the asset allocation of Nippon India Tax Saver (ELSS) Fund - Growth?

Nippon India Tax Saver (ELSS) Fund - Growth has an exposure of 98.80% in Equity and 1.20% in Cash & Money Market Securities