Previously Known As : Nippon India Tax Saver (Elss) Fund
Nippon India Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 14
Rating
Growth Option 04-12-2025
NAV ₹131.21(R) -0.45% ₹144.38(D) -0.45%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 2.27% 16.1% 20.03% 13.56% 11.41%
Direct 2.97% 16.88% 20.87% 14.35% 12.26%
Nifty 500 TRI 3.82% 15.22% 17.88% 15.87% 14.96%
SIP (XIRR) Regular 11.62% 14.94% 15.3% 16.75% 13.46%
Direct 12.38% 15.74% 16.1% 17.57% 14.25%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.84 0.42 0.61 1.48% 0.12
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.26% -17.22% -18.85% 0.97 9.61%
Fund AUM As on: 30/06/2025 14942 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Whiteoak Capital Elss Tax Saver Fund 2
Sbi Long Term Equity Fund 3
Mirae Asset ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
ICICI Prudential ELSS Tax Saver Fund 6
Parag Parikh ELSS Tax Saver Fund 7
JM ELSS Tax Saver Fund 8

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA TAX SAVER (ELSS) FUND - ANNUAL IDCW Option 22.09
-0.1000
-0.4500%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - ANNUAL IDCW Option 24.06
-0.1100
-0.4500%
NIPPON INDIA TAX SAVER (ELSS) FUND - IDCW Option 36.34
-0.1600
-0.4500%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - IDCW Option 48.71
-0.2200
-0.4500%
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 131.21
-0.6000
-0.4500%
Nippon India Tax Saver Fund - Direct Plan Growth Plan - Growth Option 144.38
-0.6500
-0.4500%

Review Date: 04-12-2025

Beginning of Analysis

Nippon India ELSS Tax Saver Fund is the 12th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The 4 star rating shows a very good past performance of the Nippon India ELSS Tax Saver Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 1.48% which is higher than the category average of 1.0%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.84 which is higher than the category average of 0.78.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Nippon India ELSS Tax Saver Fund Return Analysis

The Nippon India ELSS Tax Saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -0.44%, 3.71 and 3.79 in last one, three and six months respectively. In the same period the category average return was 0.07%, 3.06% and 4.05% respectively.
  • Nippon India ELSS Tax Saver Fund has given a return of 2.97% in last one year. In the same period the Nifty 500 TRI return was 3.82%. The fund has given 0.85% less return than the benchmark return.
  • The fund has given a return of 16.88% in last three years and rank 16th out of 37 funds in the category. In the same period the Nifty 500 TRI return was 15.22%. The fund has given 1.66% more return than the benchmark return.
  • Nippon India ELSS Tax Saver Fund has given a return of 20.87% in last five years and category average returns is 18.82% in same period. The fund ranked 7th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 17.88%. The fund has given 2.99% more return than the benchmark return.
  • The fund has given a return of 12.26% in last ten years and ranked 25th out of 25 funds in the category. In the same period the Nifty 500 TRI return was 14.96%. The fund has given 2.7% less return than the benchmark return.
  • The fund has given a SIP return of 12.38% in last one year whereas category average SIP return is 10.86%. The fund one year return rank in the category is 17th in 41 funds
  • The fund has SIP return of 15.74% in last three years and ranks 15th in 37 funds. Whiteoak Capital Elss Tax Saver Fund has given the highest SIP return (20.66%) in the category in last three years.
  • The fund has SIP return of 16.1% in last five years whereas category average SIP return is 15.2%.

Nippon India ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 13.26 and semi deviation of 9.61. The category average standard deviation is 13.0 and semi deviation is 9.54.
  • The fund has a Value at Risk (VaR) of -17.22 and a maximum drawdown of -18.85. The category average VaR is -16.63 and the maximum drawdown is -17.35. The fund has a beta of 0.97 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.49 0.33
    -0.03
    		-3.37 | 1.66 30 | 40 Average
    3M Return % 3.53 4.18
    2.74
    		-3.12 | 6.00 13 | 40 Good
    6M Return % 3.43 4.72
    3.46
    		-5.35 | 7.14 21 | 40 Average
    1Y Return % 2.27 3.82
    0.62
    		-14.39 | 7.49 15 | 40 Good
    3Y Return % 16.10 15.22
    15.56
    		9.60 | 22.19 14 | 37 Good
    5Y Return % 20.03 17.88
    17.48
    		11.50 | 23.76 7 | 33 Very Good
    7Y Return % 13.56 15.87
    15.36
    		10.72 | 22.61 23 | 30 Average
    10Y Return % 11.41 14.96
    14.24
    		11.37 | 20.22 23 | 24 Poor
    15Y Return % 12.55 12.38
    12.87
    		10.93 | 14.67 13 | 20 Average
    1Y SIP Return % 11.62
    9.56
    		-2.10 | 15.99 16 | 40 Good
    3Y SIP Return % 14.94
    14.16
    		7.43 | 18.83 15 | 37 Good
    5Y SIP Return % 15.30
    13.93
    		8.54 | 19.59 8 | 33 Very Good
    7Y SIP Return % 16.75
    16.29
    		12.26 | 22.18 12 | 30 Good
    10Y SIP Return % 13.46
    15.17
    		11.40 | 20.77 19 | 24 Poor
    15Y SIP Return % 13.67
    14.89
    		12.74 | 19.42 16 | 21 Average
    Standard Deviation 13.26
    13.00
    		9.37 | 18.83 27 | 36 Average
    Semi Deviation 9.61
    9.54
    		6.79 | 14.82 25 | 36 Average
    Max Drawdown % -18.85
    -17.35
    		-25.67 | -9.56 28 | 36 Poor
    VaR 1 Y % -17.22
    -16.63
    		-24.68 | -10.74 24 | 36 Average
    Average Drawdown % -9.73
    -6.96
    		-10.68 | -3.86 34 | 36 Poor
    Sharpe Ratio 0.84
    0.78
    		0.29 | 1.31 15 | 36 Good
    Sterling Ratio 0.61
    0.61
    		0.31 | 0.92 15 | 36 Good
    Sortino Ratio 0.42
    0.38
    		0.14 | 0.70 13 | 36 Good
    Jensen Alpha % 1.48
    1.00
    		-6.41 | 7.37 16 | 36 Good
    Treynor Ratio 0.12
    0.11
    		0.04 | 0.18 15 | 36 Good
    Modigliani Square Measure % 17.39
    16.70
    		9.06 | 24.77 15 | 36 Good
    Alpha % 0.29
    0.05
    		-5.79 | 8.61 17 | 36 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.44 0.33 0.07 -3.28 | 1.73 31 | 41 Average
    3M Return % 3.71 4.18 3.06 -2.85 | 6.44 15 | 41 Good
    6M Return % 3.79 4.72 4.05 -4.73 | 7.84 25 | 41 Average
    1Y Return % 2.97 3.82 1.80 -13.20 | 8.16 18 | 41 Good
    3Y Return % 16.88 15.22 16.83 11.42 | 23.01 16 | 37 Good
    5Y Return % 20.87 17.88 18.82 12.68 | 25.57 7 | 33 Very Good
    7Y Return % 14.35 15.87 16.62 11.67 | 24.40 24 | 30 Average
    10Y Return % 12.26 14.96 15.30 12.26 | 21.53 25 | 25 Poor
    1Y SIP Return % 12.38 10.86 -0.81 | 17.11 17 | 41 Good
    3Y SIP Return % 15.74 15.44 9.23 | 20.66 15 | 37 Good
    5Y SIP Return % 16.10 15.20 10.40 | 20.39 12 | 33 Good
    7Y SIP Return % 17.57 17.57 13.15 | 24.03 15 | 30 Good
    10Y SIP Return % 14.25 16.22 12.34 | 22.35 22 | 25 Poor
    Standard Deviation 13.26 13.00 9.37 | 18.83 27 | 36 Average
    Semi Deviation 9.61 9.54 6.79 | 14.82 25 | 36 Average
    Max Drawdown % -18.85 -17.35 -25.67 | -9.56 28 | 36 Poor
    VaR 1 Y % -17.22 -16.63 -24.68 | -10.74 24 | 36 Average
    Average Drawdown % -9.73 -6.96 -10.68 | -3.86 34 | 36 Poor
    Sharpe Ratio 0.84 0.78 0.29 | 1.31 15 | 36 Good
    Sterling Ratio 0.61 0.61 0.31 | 0.92 15 | 36 Good
    Sortino Ratio 0.42 0.38 0.14 | 0.70 13 | 36 Good
    Jensen Alpha % 1.48 1.00 -6.41 | 7.37 16 | 36 Good
    Treynor Ratio 0.12 0.11 0.04 | 0.18 15 | 36 Good
    Modigliani Square Measure % 17.39 16.70 9.06 | 24.77 15 | 36 Good
    Alpha % 0.29 0.05 -5.79 | 8.61 17 | 36 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Elss Tax Saver Fund NAV Regular Growth Nippon India Elss Tax Saver Fund NAV Direct Growth
    04-12-2025 131.2066 144.3846
    03-12-2025 131.1927 144.3666
    02-12-2025 131.8017 145.0341
    01-12-2025 132.2255 145.4977
    28-11-2025 132.2234 145.4873
    27-11-2025 132.2748 145.5411
    26-11-2025 132.3829 145.6573
    25-11-2025 130.7935 143.9058
    24-11-2025 130.8539 143.9697
    21-11-2025 131.4634 144.6321
    20-11-2025 132.6793 145.9671
    19-11-2025 132.1745 145.4091
    18-11-2025 131.9073 145.1124
    17-11-2025 132.7247 146.0089
    14-11-2025 132.1552 145.3743
    13-11-2025 131.9813 145.1804
    12-11-2025 132.0042 145.2028
    11-11-2025 131.3165 144.4437
    10-11-2025 130.8125 143.8866
    07-11-2025 130.6797 143.7325
    06-11-2025 130.6993 143.7513
    04-11-2025 131.8574 145.0197

    Fund Launch Date: 25/Jul/2005
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: Seeks to maintain balance between large capcompanies and mid cap companies. Endeavors toinvest in potential leaders. Invest in companies withpotential of high growth prospects over medium term(2-3 years). Generally, the fund has two or three sectorcalls at a time. They are mostly in-line of emergingmarket trends. Small percentage of portfolio is investedin contrarian calls.Significant percent of outstanding equity of the schemeis invested in high conviction mid-cap companies.Significant allocation/exposure is taken in MultinationalCompanies (MNC ™s). Attempt to have a balancedportfolio on a macro basis, allocating to themes likeDomestic, Consumption & Defensive.
    Fund Description: An open ended equity linked saving scheme with astatutory lock in of 3 years and tax benefit.
    Fund Benchmark: S&P BSE 100 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.