Nippon India Tax Saver (ELSS) Fund - Direct Plan - Growth Option - Regular - Latest NAV [ ₹71.8116 ], Returns, Performance, Portfolio & Returns 2021

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

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    9.11%
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    (+0.41)71.8116

Min amount: ₹500

Calculate Returns

20 yrs
Rs. 500 invested monthly becomes Rs. 3.41 Lakhs in a period of 20 years
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.11%
3 Years6.94%
1 Year63.99%
6 Months28.62%
Fund Details
ISININF204K01L55
RiskVery High Risk
Fund TypeELSS (Tax Savings)
NAV71.8116
Exit Load--

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd8.96%
Infosys Ltd8.96%
ICICI Bank Ltd6.7%
Reliance Industries Ltd Shs Dematerialised5%
State Bank of India4%
Larsen & Toubro Ltd Shs Dematerialised3.82%
Housing Development Finance Corp Ltd3.55%
Bharti Airtel Ltd3.3%
Axis Bank Ltd3.27%
Linde India Ltd3.23%

About Nippon India Tax Saver Fund - Direct Plan - Growth

Nippon India Tax Save Fund - Direct Plan - Growth is a tax-saving mutual fund, which allows investors to save taxes up to Rs 46,800 a year. Investing in this mutual fund scheme will not only help you in claiming tax rebates but also in accumulating wealth over time. ## Pros and Cons of Nippon India Tax Saver Fund - Direct Plan - Growth Since NIPPON INDIA TAX SAVER FUND - Direct Plan - Growth is an ELSS mutual fund; it provides investors with an opportunity to claim tax deductions of up to Rs 1,50,000 a year. The only con associated with this scheme is that it comes with a lock-in period of three years. ## Fund Information and Statistics Inception/Launch Date Nippon India Tax Saver Fund was launched on 21 September 2005. Risk level Nippon India Tax Saver Fund is an equity-linked mutual fund and therefore possess a higher risk than a debt mutual fund. However, as this scheme invests 15.81% and 13.68% of its portfolio in the banking and petroleum sectors, respectively, it makes this scheme a relatively safer bet than other equity funds. Redemption As Nippon India Tax Saver Fund is an ELSS mutual fund, an investor’s investment would be necessarily locked-in for a period of three years. Once the lock-in period has been completed, investors can place their redemption request, and the fund house would process the same in the standard duration. Fund Manager Ms Ashwani Kumar is the current fund manager of the Nippon India Tax Saver Fund scheme. Entry/Exit Load There is no entry load levied as per the SEBI’s order dated 30 June 2009. As the Nippon India Tax Saver Fund has a mandatory lock-in period of three years, the exit load is also not applicable. ## About Nippon India Mutual Fund Nippon India Mutual Fund (NIMF) registered with the Securities and Exchange Board of India (SEBI) on 30 June 1995. Nippon Life India Trustee Ltd (NLITL) is the trustee while Nippon Life Insurance Company (NLI) is the sponsor of Nippon India Mutual Fund, a leading fund house in India. Its Average Assets Under Management (AAUM) is a massive Rs 2.04 lakh crore as on March 2020."

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Min amount: ₹500

Calculate Returns

20 yrs
Rs. 500 invested monthly becomes Rs. 3.41 Lakhs in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns