Table of Contents 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 Fund (ELSS) is a Equity - ELSS fund launched on 21 Sep 05. It is a fund with Moderately High risk and has given a Below is the key information for Nippon India Tax Saver Fund (ELSS) Returns up to 1 year are on Historical performance (Yearly) on absolute basis Nippon India Tax Saver Fund (ELSS) - G
Scheme Objective
CAGR
return of 14% since its launch. Ranked 16 in ELSS
category. Return for 2023 was 28.6% , 2022 was 6.9% and 2021 was 37.6% . NAV as on 16 May 24 ₹115.616 ↑ 1.27 (1.11 %) Net Assets (AUM) as on 31 Mar 2024 ₹14,322 Cr. Launch Date 21 Sep 2005 Category Equity - ELSS Rating ☆☆☆ Type Open Ended Fund Risk Moderately High AMC Nippon Life Asset Management Ltd. Alpha Ratio 2.49 Expense Ratio 1.8 % Sharpe Ratio 2.831 Information Ratio 0.51 Benchmark Not Available Min Investment ₹500 Min SIP Investment ₹500 Exit Load NIL NAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 16 May 24 Duration Returns 1 Month 4.4% 3 Month 6.8% 6 Month 22.5% 1 Year 42% 3 Year 22.4% 5 Year 16.9% 10 Year 15 Year Since launch 14% Historical Annual Returns
Year Returns 2023 28.6% 2022 6.9% 2021 37.6% 2020 -0.4% 2019 1.5% 2018 -20.7% 2017 46% 2016 4.2% 2015 -2.9% Growth of 10k Over Years
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,259 30 Apr 21 ₹11,160 30 Apr 22 ₹13,494 30 Apr 23 ₹14,197 30 Apr 24 ₹20,526 Asset Allocation
Asset Class Value Cash 1.33% Equity 98.67% Sector Allocation
Sector Value Financial Services 35.25% Consumer Cyclical 13.1% Industrials 10.14% Consumer Defensive 8.46% Basic Materials 6.56% Utility 6.28% Energy 5.38% Technology 5.14% Health Care 3.95% Communication Services 2.82% Real Estate 1.59% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANKBanks - Regional 7% ₹1,071 Cr 9,800,000 HDFC Bank Ltd (Financial Services)
Equity, Since 29 Feb 20 | HDFCBANKBanks - Regional 7% ₹970 Cr 6,700,000 Infosys Ltd (Technology)
Equity, Since 31 Mar 20 | INFYInformation Technology Services 4% ₹614 Cr 4,100,000 NTPC Ltd (Utilities)
Equity, Since 28 Feb 19 | 532555Utilities - Regulated Electric 4% ₹524 Cr 15,600,000
↓ -600,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 20 | 532215Banks - Regional 4% ₹508 Cr 4,850,000 State Bank of India (Financial Services)
Equity, Since 31 Dec 13 | SBINBanks - Regional 4% ₹504 Cr 6,700,000
↓ -200,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 20 | RELIANCEOil & Gas Refining & Marketing 3% ₹475 Cr 1,600,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 May 18 | LTEngineering & Construction 3% ₹442 Cr 1,173,822 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | MOTHERSONAuto Parts 3% ₹359 Cr 30,700,000 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | 532810Credit Services 2% ₹312 Cr 8,000,000
↑ 625,000
Talk to our investment specialistFund Managers
Name Since Tenure Rupesh Patel 1 Jul 21 2.75 Yr. Ashutosh Bhargava 1 Jul 20 3.75 Yr. Kinjal Desai 25 May 18 5.86 Yr. Custodians
Company Address Deutsche Bank AG Deutsche Bank AG,Kodak House, 22, D.N. Road, Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address Nippon India Mutual Fund 9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Auditors
Company Address Haribhakti & Co. Chartered Accountants 42, Free Press House,4th Floor,,215, Nariman Point, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Nippon India Tax Saver Fund (ELSS)
Growth ₹115.616
↑ 1.27 22.54 % 41.97 % 22.39 % 16.93 % Nippon India Tax Saver Fund (ELSS)
Normal Dividend, Payout ₹34.6045
↑ 0.38 21.88 % 41.21 % 22.11 % 16.72 % Nippon India Tax Saver Fund (ELSS)
Annual Dividend, Payout ₹21.0152
↑ 0.23 21.89 % 41.23 % 22.18 % 16.81 % Data as on 16 May 24