Nippon India Tax Saver (Elss) Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 10
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹129.99(R) +1.5% ₹141.74(D) +1.5%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 44.31% 23.18% 20.74% 11.53% 13.22%
LumpSum (D) 45.28% 24.05% 21.58% 12.37% 14.09%
SIP (R) 54.24% 30.94% 26.71% 19.77% 15.59%
SIP (D) 55.27% 31.79% 27.56% 20.54% 16.37%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.09 0.58 1.11 4.34% 0.15
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.03% -13.88% -10.23% 0.97 9.22%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA TAX SAVER (ELSS) FUND - ANNUAL IDCW Option 23.63
0.3500
1.5000%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - ANNUAL IDCW Option 25.35
0.3800
1.5000%
NIPPON INDIA TAX SAVER (ELSS) FUND - IDCW Option 38.91
0.5700
1.5000%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - IDCW Option 51.28
0.7600
1.5000%
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 129.99
1.9200
1.5000%
Nippon India Tax Saver Fund - Direct Plan Growth Plan - Growth Option 141.74
2.1000
1.5000%

Review Date: 26-07-2024

Nippon India Tax Saver (Elss) Fund has shown good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 10 out of 35 funds in the category. The fund has delivered return of 44.31% in 1 year, 23.18% in 3 years, 20.74% in 5 years and 13.22% in 10 years. The category average for the same periods is 39.91%, 20.18%, 21.58% and 15.77% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 13.03, VaR of -13.88, Average Drawdown of -5.82, Semi Deviation of 9.22 and Max Drawdown of -10.23. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Nippon India Tax Saver (Elss) Fund direct growth option would have grown to ₹14528.0 in 1 year, ₹19089.0 in 3 years and ₹26568.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Nippon India Tax Saver (Elss) Fund direct growth option would have grown to ₹15339.0 in 1 year, ₹56666.0 in 3 years and ₹118382.0 in 5 years as of today (26-07-2024).
  3. standard deviation of 13.03 and based on VaR one can expect to lose more than -13.88% of current value of fund in one year.
  4. Sharpe ratio of the fund is 1.09 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.92, Beta of 0.97 and Jensen's Alpha of 4.34% which exhibit good performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.50
3.56
1.50 | 6.29 7 | 35 Very Good
3M Return % 13.00
11.56
8.82 | 16.41 7 | 35 Very Good
6M Return % 22.42
20.14
15.39 | 27.68 8 | 35 Very Good
1Y Return % 44.31
39.91
24.44 | 56.46 9 | 35 Very Good
3Y Return % 23.18
20.18
11.54 | 28.89 7 | 33 Very Good
5Y Return % 20.74
21.58
15.49 | 35.49 17 | 32 Average
7Y Return % 11.53
15.52
11.28 | 24.66 28 | 29 Poor
10Y Return % 13.22
15.77
13.22 | 24.50 22 | 22 Poor
15Y Return % 15.47
15.19
12.66 | 17.44 9 | 19 Good
1Y SIP Return % 54.24
48.01
33.64 | 64.79 8 | 35 Very Good
3Y SIP Return % 30.94
28.05
20.20 | 39.75 10 | 33 Good
5Y SIP Return % 26.71
24.53
17.21 | 36.79 10 | 32 Good
7Y SIP Return % 19.77
20.43
14.42 | 31.24 14 | 29 Good
10Y SIP Return % 15.59
17.71
13.37 | 26.65 19 | 22 Poor
15Y SIP Return % 15.42
16.38
13.80 | 21.58 13 | 20 Average
Standard Deviation 13.03
12.71
9.99 | 16.36 24 | 33 Average
Semi Deviation 9.22
9.01
7.16 | 11.67 23 | 33 Average
Max Drawdown % -10.23
-12.33
-22.81 | -6.28 8 | 33 Very Good
VaR 1 Y % -13.88
-14.08
-20.17 | -11.38 20 | 33 Average
Average Drawdown % -5.82
-5.57
-11.96 | -2.58 22 | 33 Average
Sharpe Ratio 1.09
0.95
0.28 | 1.59 10 | 33 Good
Sterling Ratio 1.11
0.93
0.36 | 1.67 5 | 33 Very Good
Sortino Ratio 0.58
0.51
0.17 | 0.91 10 | 33 Good
Jensen Alpha % 4.34
2.63
-8.40 | 13.97 11 | 33 Good
Treynor Ratio 0.15
0.14
0.04 | 0.23 13 | 33 Good
Modigliani Square Measure % 22.12
20.91
10.22 | 30.40 13 | 33 Good
Alpha % 3.84
0.58
-7.65 | 12.32 6 | 33 Very Good
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.56 3.65 1.60 | 6.34 8 | 35
3M Return % 13.18 11.86 9.08 | 16.66 8 | 35
6M Return % 22.81 20.78 16.31 | 28.51 9 | 35
1Y Return % 45.28 41.42 26.33 | 58.34 10 | 35
3Y Return % 24.05 21.54 12.42 | 29.75 8 | 33
5Y Return % 21.58 22.94 16.48 | 37.72 19 | 32
7Y Return % 12.37 16.75 12.31 | 26.32 27 | 29
10Y Return % 14.09 16.76 14.09 | 25.77 23 | 23
1Y SIP Return % 55.27 49.61 35.65 | 65.93 8 | 35
3Y SIP Return % 31.79 29.41 21.08 | 40.65 10 | 33
5Y SIP Return % 27.56 25.87 18.11 | 38.88 10 | 32
7Y SIP Return % 20.54 21.64 15.35 | 33.13 18 | 29
10Y SIP Return % 16.37 18.69 14.35 | 28.13 20 | 23
Standard Deviation 13.03 12.71 9.99 | 16.36 24 | 33
Semi Deviation 9.22 9.01 7.16 | 11.67 23 | 33
Max Drawdown % -10.23 -12.33 -22.81 | -6.28 8 | 33
VaR 1 Y % -13.88 -14.08 -20.17 | -11.38 20 | 33
Average Drawdown % -5.82 -5.57 -11.96 | -2.58 22 | 33
Sharpe Ratio 1.09 0.95 0.28 | 1.59 10 | 33
Sterling Ratio 1.11 0.93 0.36 | 1.67 5 | 33
Sortino Ratio 0.58 0.51 0.17 | 0.91 10 | 33
Jensen Alpha % 4.34 2.63 -8.40 | 13.97 11 | 33
Treynor Ratio 0.15 0.14 0.04 | 0.23 13 | 33
Modigliani Square Measure % 22.12 20.91 10.22 | 30.40 13 | 33
Alpha % 3.84 0.58 -7.65 | 12.32 6 | 33
Return data last Updated On : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.50 ₹ 10,150.00 1.50 ₹ 10,150.00
1W 1.80 ₹ 10,180.00 1.81 ₹ 10,181.00
1M 4.50 ₹ 10,450.00 4.56 ₹ 10,456.00
3M 13.00 ₹ 11,300.00 13.18 ₹ 11,318.00
6M 22.42 ₹ 12,242.00 22.81 ₹ 12,281.00
1Y 44.31 ₹ 14,431.00 45.28 ₹ 14,528.00
3Y 23.18 ₹ 18,691.00 24.05 ₹ 19,089.00
5Y 20.74 ₹ 25,656.00 21.58 ₹ 26,568.00
7Y 11.53 ₹ 21,463.00 12.37 ₹ 22,628.00
10Y 13.22 ₹ 34,607.00 14.09 ₹ 37,366.00
15Y 15.47 ₹ 86,483.00 ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 54.24 ₹ 15,280.34 55.27 ₹ 15,338.80
3Y ₹ 36000 30.94 ₹ 56,026.91 31.79 ₹ 56,665.87
5Y ₹ 60000 26.71 ₹ 116,011.68 27.56 ₹ 118,381.50
7Y ₹ 84000 19.77 ₹ 169,932.08 20.54 ₹ 174,686.57
10Y ₹ 120000 15.59 ₹ 271,492.08 16.37 ₹ 283,171.20
15Y ₹ 180000 15.42 ₹ 639,791.10 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 129.9905 141.7416
25-07-2024 128.0694 139.6443
24-07-2024 128.0447 139.6148
23-07-2024 127.2029 138.6944
22-07-2024 127.6865 139.2192
19-07-2024 126.8965 138.3502
18-07-2024 129.015 140.6575
16-07-2024 128.9425 140.5732
15-07-2024 129.0279 140.6637
12-07-2024 128.1724 139.7234
11-07-2024 128.2701 139.8274
10-07-2024 128.0154 139.5471
09-07-2024 128.497 140.0695
08-07-2024 127.8248 139.3342
05-07-2024 127.8474 139.351
04-07-2024 127.6596 139.1439
03-07-2024 127.1669 138.6043
02-07-2024 126.2175 137.567
01-07-2024 126.298 137.6521
28-06-2024 124.8176 136.0311
27-06-2024 125.0917 136.3274
26-06-2024 124.3887 135.5587

Fund Launch Date: 25/Jul/2005
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: Seeks to maintain balance between large cap companies and mid cap companies. Endeavors to invest in potential leaders. Invest in companies with potential of high growth prospects over medium term (2-3 years). Generally, the fund has two or three sector calls at a time. They are mostly in-line of emerging market trends. Small percentage of portfolio is invested in contrarian calls. Significant percent of outstanding equity of the scheme is invested in high conviction mid-cap companies. Significant allocation/exposure is taken in Multinational Companies (MNC ™s). Attempt to have a balanced portfolio on a macro basis, allocating to themes like Domestic, Consumption & Defensive.
Fund Description: An open ended equity linked saving scheme with a statutory 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.