Nippon India ELSS Tax Saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 43.18 | 21.53 | 15.25 | 10.29 |
Average Rolling Returns(%) | 17.25 | 13.27 | 9.83 | 13.43 |
The Current NAV of Nippon India ELSS Tax Saver Fund - Growth - Direct Plan is ₹124.31.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 100 , as Funds portfolio is somewhat different.
Nippon India ELSS Tax Saver Fund - Growth - Direct Plan fund’s expense ratio is 1.03%
The process for redemption is
The AUM of Nippon India ELSS Tax Saver Fund - Growth - Direct Plan is currently ₹14,322 Crores.
The Top three stocks are ICICI Bank, HDFC Bank and Infosys and account for 19% of its portfolio. Top 5 and 10 stocks of fund account for 26% and 40% of fund’s portfolio respectively.
Top three sectors of Nippon India ELSS Tax Saver Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and Auto accounting for 59% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India ELSS Tax Saver Fund - Growth - Direct Plan Fund is Equity - ELSS.
Rupesh Patel and Ashutosh Bhargava manage the Nippon India ELSS Tax Saver Fund - Growth - Direct Plan Fund.
Nippon India ELSS Tax Saver Fund - Growth - Direct Plan current PE ratio is 38.57 and PB ratio is 5.82
The asset allocation of Nippon India ELSS Tax Saver Fund - Growth - Direct Plan is Stocks : 98.67%, Debt : 1.33% and Gold : 0%
The minimum SIP amount for Nippon India ELSS Tax Saver Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Nippon India ELSS Tax Saver Fund - Growth - Direct Plan is Nil