Mutual Funds
Nippon India ELSS Tax Saver Fund - Direct (IDCW)

Nippon India ELSS Tax Saver Fund - Direct (IDCW)

ELSS

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NAV
48.89(-0.10%)
Fund Size (CR)
₹15,665.55
Expense Ratio
1.03
Scheme Type
Active Fund
Value Research

Min. investment
₹500
Minimum Additional Investment
₹500
Minimum SIP Investment
₹500
Minimum Withdrawal
₹100
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
15.11%

Absolute Return: -7.63%

Annualized Return: 0%

Basic Details

Scheme Manager

Rupesh Patel

Bench Mark

Nifty 500 TRI

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	20 December 2024	10008.50	0.09%	-	0.44%	178/225
1 Month	27 November 2024	9773.56	-2.26%	-	-0.42%	203/225
3 Month	27 September 2024	9130.60	-8.69%	-	-5.92%	199/225
6 Month	27 June 2024	9911.47	-0.89%	-	2.12%	181/225
1 Year	27 December 2023	12005.82	20.06%	20.06%	21.55%	115/225
3 Year	27 December 2021	16819.10	68.19%	18.92%	18.22%	95/215
5 Year	27 December 2019	23108.30	131.08%	18.24%	21.40%	156/215
Since Inception	2 January 2013	54032.63	440.33%	15.11%	16.88%	154/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,20,000	213481.02	77.90%	77.90%
3 Year	3 January 2022	3,60,000	816895.81	126.92%	31.41%
5 Year	1 January 2020	6,00,000	1734215.02	189.04%	23.65%
10 Year	1 January 2015	12,00,000	3843032.88	220.25%	12.34%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.83%

Standard Deviation

0.97%

Beta

0.94%

Sharpe Ratio

0.10%

Treynor's Ratio

2.94%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
ICICI Bank	8.13%	9800000	1274.10	Equity	Banks
HDFC Bank	6.76%	5900000	1059.67	Equity	Banks
Infosys	4.74%	4000000	743.14	Equity	IT - Software
NTPC	3.37%	14500000	527.29	Equity	Power Generation & Distribution
Larsen & Toubro	3.28%	1377783	513.20	Equity	Infrastructure Developers & Operators
St Bk of India	3.21%	6000000	503.37	Equity	Banks
Axis Bank	2.90%	4000000	454.52	Equity	Banks
Power Fin.Corpn.	2.88%	9111111	451.27	Equity	Finance
Samvardh. Mothe.	2.70%	26000000	422.40	Equity	Auto Ancillaries
Reliance Industr	2.56%	3100000	400.58	Equity	Refineries

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Nippon India ELSS Tax Saver Fund - Direct (IDCW)	15665.55	-2.26%	-8.69%	-0.89%	20.06%	18.92%
Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)	4186.93	4.44%	1.84%	16.51%	50.49%	29.71%
Motilal Oswal ELSS Tax Saver Fund-Dir (G)	4186.93	4.44%	1.84%	16.51%	50.48%	29.71%
SBI Long Term Advantage Fund - Series V -Dir (G)	369.13	0.26%	-0.47%	15.41%	45.08%	20.91%
SBI Long Term Advantage Fund-Series V -Dir (IDCW)	369.13	0.26%	-0.47%	15.41%	45.08%	20.91%
HSBC Tax Saver Equity Fund - Direct (G)	260.16	1.63%	1.14%	12.49%	34.91%	20.73%

News

Nippon India Balanced Advantage Fund announces Income Distribution cum Capital Withdrawal (IDCW)
Nippon India Mutual Fund has announced 13 December 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan ' IDCW payout and direct plan ' IDCW payout of Nippon India Balanced Advantage Fund. The quantum of distribution will be Rs 0.2000 per unit under each plan / option as on the record date.
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Nippon India Balanced Advantage Fund announces Income Distribution cum Capital Withdrawal (IDCW)
Nippon India Mutual Fund has announced 14 November 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the regular plan ' IDCW payout and direct plan ' IDCW payout of Nippon India Balanced Advantage Fund. The quantum of distribution will be Rs 0.2000 per unit under each plan / option as on the record date.
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Nippon India Mutual Fund announces change in Exit Load Structure

Nippon India Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 15 October 2024

Change in Exit Load:

Name of the Scheme	Existing Load Structure	Revised Load Structure
Nippon India Index Fund ' Nifty 50 Plan	0.25% if redeemed or switched out on or before completion of 7 days from the date of allotment of units. Nil if redeemed or switched out after completion of 7 days from the date of allotment of units.	Nil
Nippon India Index Fund - BSE Sensex Plan	0.25% of the applicable NAV if redeemed or switched out on or before completion of 7 days from the date of allotment of units. There shall be no exit load after completion of 7 days from the date of allotment of units.	Nil

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Fund House Details & Investment Objective

Date of Incorporation

1 January 2013

Total AUM (Cr)

₹15665.55

Nippon India ELSS Tax Saver Fund - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, Nippon India Mutual Fund. Launched in 1 January 2013, this fund is managed by Rupesh Patel. With assets under management (AUM) worth ₹15,665.55 (Cr), as of 27 December 2024, Nippon India ELSS Tax Saver Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 15.11% since its launch.
The current NAV of Nippon India ELSS Tax Saver Fund - Direct (IDCW) is ₹48.89, as on 27 December 2024. The fund's benchmark index is Nifty 500 TRI. You can invest in Nippon India ELSS Tax Saver Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 18.92% and 18.24% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.37% in Equity, 0.68% in Debt and -0.05% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 21.93% in Banks, 9.34% in Finance, 6.62% in Power, 6.12% in IT-Software, 4.68% in Auto Components

FAQs

How to Invest in Nippon India ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Nippon India ELSS Tax Saver Fund - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 15.11% since inception. Looking to invest in Nippon India ELSS Tax Saver Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Nippon India ELSS Tax Saver Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Nippon India ELSS Tax Saver Fund - Direct (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Nippon India ELSS Tax Saver Fund - Direct (IDCW) today and reap the benefits of this ELSS fund!

How much returns has Nippon India ELSS Tax Saver Fund - Direct (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Nippon India ELSS Tax Saver Fund - Direct (IDCW) has generated annualised return of 20.06%. In the long-term, the fund has generated 18.92% and 18.24% in 3 and 5 years respectively. Since its inception, the fund has generated 15.11% returns.

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

The expense ratio of Nippon India ELSS Tax Saver Fund - Direct (IDCW) Direct Growth is 1.03%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

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

The Assets Under Management (AUM) of Nippon India ELSS Tax Saver Fund - Direct (IDCW) is ₹15,665.55 (Cr) as of 2024-12-27 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Nippon India ELSS Tax Saver Fund - Direct (IDCW) Direct Growth?

Redeeming or selling units of Nippon India ELSS Tax Saver Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Nippon India ELSS Tax Saver Fund - Direct (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Nippon India ELSS Tax Saver Fund - Direct (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).