Previously Known As : Nippon India Tax Saver (Elss) Fund
Nippon India Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 4
Rating
Growth Option 16-06-2026
NAV ₹129.93(R) +0.56% ₹143.49(D) +0.56%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 2.15% 15.24% 13.92% 13.19% 11.16%
Direct 2.84% 16.02% 14.71% 13.98% 12.0%
Nifty 500 TRI 0.5% 13.47% 12.33% 14.56% 14.16%
SIP (XIRR) Regular 1.33% 7.82% 12.1% 15.12% 12.39%
Direct 2.02% 8.57% 12.88% 15.94% 13.17%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.58 0.27 0.51 1.85% -0.45
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.43% -21.43% -18.85% 0.95 10.87%
Fund AUM As on: 30/12/2025 15395 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
SBI ELSS Tax Saver Fund 2
Baroda BNP Paribas ELSS Tax Saver Fund 3
Nippon India ELSS Tax Saver Fund 4
HDFC ELSS Tax Saver 5
HSBC Elss Tax Saver Fund 6
Edelweiss ELSS Tax saver Fund 7
DSP ELSS Tax Saver Fund 8

NAV Date: 16-06-2026

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA TAX SAVER (ELSS) FUND - ANNUAL IDCW Option 20.38
0.1100
0.5600%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - ANNUAL IDCW Option 22.42
0.1200
0.5600%
NIPPON INDIA TAX SAVER (ELSS) FUND - IDCW Option 33.75
0.1900
0.5600%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - IDCW Option 45.42
0.2500
0.5600%
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 129.93
0.7200
0.5600%
Nippon India Tax Saver Fund - Direct Plan Growth Plan - Growth Option 143.49
0.8000
0.5600%

Review Date: 16-06-2026

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 1.85% which is higher than the category average of -0.6%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.58 which is higher than the category average of 0.41.
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 1.83%, 6.36 and 0.43 in last one, three and six months respectively. In the same period the category average return was 2.69%, 7.23% and -2.19% respectively.
  • Nippon India ELSS Tax Saver Fund has given a return of 2.84% in last one year. In the same period the Nifty 500 TRI return was 0.5%. The fund has given 2.34% more return than the benchmark return.
  • The fund has given a return of 16.02% in last three years and rank 11th out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 13.47%. The fund has given 2.55% more return than the benchmark return.
  • Nippon India ELSS Tax Saver Fund has given a return of 14.71% in last five years and category average returns is 13.07% in same period. The fund ranked 6th out of thirty one funds in the category. In the same period the Nifty 500 TRI return was 12.33%. The fund has given 2.38% more return than the benchmark return.
  • The fund has given a return of 12.0% in last ten years and ranked 23rd out of twenty six funds in the category. In the same period the Nifty 500 TRI return was 14.16%. The fund has given 2.16% less return than the benchmark return.
  • The fund has given a SIP return of 2.02% in last one year whereas category average SIP return is -0.56%. The fund one year return rank in the category is 12th in 40 funds
  • The fund has SIP return of 8.57% in last three years and ranks 12th in 37 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (15.89%) in the category in last three years.
  • The fund has SIP return of 12.88% in last five years whereas category average SIP return is 11.39%.

Nippon India ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 14.43 and semi deviation of 10.87. The category average standard deviation is 14.7 and semi deviation is 11.3.
  • The fund has a Value at Risk (VaR) of -21.43 and a maximum drawdown of -18.85. The category average VaR is -22.52 and the maximum drawdown is -18.15. 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 % 1.78 2.52
    2.62
    		0.96 | 5.68 28 | 40 Average
    3M Return % 6.18 7.19
    6.90
    		1.03 | 17.29 21 | 40 Average
    6M Return % 0.09 -2.10
    -2.76
    		-7.83 | 10.77 7 | 40 Very Good
    1Y Return % 2.15 0.50
    -1.21
    		-8.49 | 9.40 8 | 40 Very Good
    3Y Return % 15.24 13.47
    12.64
    		5.17 | 21.97 11 | 38 Good
    5Y Return % 13.92 12.33
    11.84
    		7.23 | 17.80 6 | 31 Very Good
    7Y Return % 13.19 14.56
    14.04
    		9.93 | 23.10 17 | 29 Average
    10Y Return % 11.16 14.16
    13.70
    		10.67 | 19.45 23 | 25 Poor
    15Y Return % 13.04 12.91
    13.35
    		11.42 | 15.43 12 | 19 Average
    1Y SIP Return % 1.33
    -1.98
    		-11.29 | 13.74 10 | 39 Very Good
    3Y SIP Return % 7.82
    5.38
    		-1.46 | 14.50 9 | 37 Very Good
    5Y SIP Return % 12.10
    10.06
    		5.37 | 18.42 7 | 30 Very Good
    7Y SIP Return % 15.12
    13.46
    		8.37 | 20.78 8 | 28 Good
    10Y SIP Return % 12.39
    13.37
    		9.92 | 20.06 16 | 24 Average
    15Y SIP Return % 12.90
    13.77
    		11.32 | 19.48 13 | 19 Average
    Standard Deviation 14.43
    14.70
    		11.10 | 19.53 19 | 39 Good
    Semi Deviation 10.87
    11.30
    		8.53 | 15.18 16 | 39 Good
    Max Drawdown % -18.85
    -18.15
    		-28.24 | -14.41 29 | 39 Average
    VaR 1 Y % -21.43
    -22.52
    		-38.55 | -15.29 18 | 39 Good
    Average Drawdown % -10.78
    -8.08
    		-11.51 | -4.32 37 | 39 Poor
    Sharpe Ratio 0.58
    0.41
    		-0.11 | 0.81 8 | 39 Very Good
    Sterling Ratio 0.51
    0.44
    		0.09 | 0.73 9 | 39 Very Good
    Sortino Ratio 0.27
    0.20
    		-0.01 | 0.37 7 | 39 Very Good
    Jensen Alpha % 1.85
    -0.60
    		-10.13 | 5.94 8 | 38 Very Good
    Treynor Ratio -0.45
    -0.46
    		-0.61 | -0.38 13 | 38 Good
    Modigliani Square Measure % 14.83
    12.28
    		4.00 | 18.31 8 | 38 Very Good
    Alpha % 0.79
    -0.75
    		-9.24 | 7.04 10 | 38 Very Good
    Return data last Updated On : June 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 1.83 2.52 2.69 1.05 | 5.83 29 | 41 Average
    3M Return % 6.36 7.19 7.23 1.32 | 17.64 23 | 41 Average
    6M Return % 0.43 -2.10 -2.19 -7.32 | 11.42 9 | 41 Very Good
    1Y Return % 2.84 0.50 -0.07 -7.48 | 10.52 11 | 41 Very Good
    3Y Return % 16.02 13.47 13.83 6.69 | 23.42 11 | 38 Good
    5Y Return % 14.71 12.33 13.07 8.06 | 19.23 6 | 31 Very Good
    7Y Return % 13.98 14.56 15.27 11.19 | 24.94 21 | 29 Average
    10Y Return % 12.00 14.16 14.74 11.31 | 20.80 23 | 26 Poor
    1Y SIP Return % 2.02 -0.56 -10.31 | 14.92 12 | 40 Good
    3Y SIP Return % 8.57 6.64 -0.05 | 15.89 12 | 37 Good
    5Y SIP Return % 12.88 11.39 7.19 | 19.86 9 | 30 Good
    7Y SIP Return % 15.94 14.81 10.32 | 22.54 10 | 28 Good
    10Y SIP Return % 13.17 14.53 10.79 | 21.66 18 | 25 Average
    Standard Deviation 14.43 14.70 11.10 | 19.53 19 | 39 Good
    Semi Deviation 10.87 11.30 8.53 | 15.18 16 | 39 Good
    Max Drawdown % -18.85 -18.15 -28.24 | -14.41 29 | 39 Average
    VaR 1 Y % -21.43 -22.52 -38.55 | -15.29 18 | 39 Good
    Average Drawdown % -10.78 -8.08 -11.51 | -4.32 37 | 39 Poor
    Sharpe Ratio 0.58 0.41 -0.11 | 0.81 8 | 39 Very Good
    Sterling Ratio 0.51 0.44 0.09 | 0.73 9 | 39 Very Good
    Sortino Ratio 0.27 0.20 -0.01 | 0.37 7 | 39 Very Good
    Jensen Alpha % 1.85 -0.60 -10.13 | 5.94 8 | 38 Very Good
    Treynor Ratio -0.45 -0.46 -0.61 | -0.38 13 | 38 Good
    Modigliani Square Measure % 14.83 12.28 4.00 | 18.31 8 | 38 Very Good
    Alpha % 0.79 -0.75 -9.24 | 7.04 10 | 38 Very Good
    Return data last Updated On : June 16, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    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
    16-06-2026 129.9289 143.4937
    15-06-2026 129.2091 142.6961
    12-06-2026 128.0319 141.3883
    11-06-2026 125.6 138.7001
    10-06-2026 126.412 139.5943
    09-06-2026 127.2304 140.4955
    08-06-2026 126.0193 139.1556
    05-06-2026 127.5362 140.8228
    04-06-2026 127.6733 140.9716
    03-06-2026 127.3425 140.6038
    02-06-2026 127.4882 140.7621
    01-06-2026 127.2999 140.5516
    29-05-2026 128.7359 142.1293
    27-05-2026 130.3481 143.9039
    26-05-2026 130.0385 143.5595
    25-05-2026 130.384 143.9383
    22-05-2026 129.2549 142.684
    21-05-2026 128.7503 142.1244
    20-05-2026 128.524 141.8719
    19-05-2026 128.4039 141.7369
    18-05-2026 127.6578 140.9106

    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.