Nippon India Tax Saver (Elss) Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 9
BMSMONEY Rating
Gro. Opt. As On: 17-09-2024
NAV ₹132.9(R) +0.1% ₹145.06(D) +0.11%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 40.79% 20.09% 22.86% 11.35% 12.23%
LumpSum (D) 41.74% 20.94% 23.73% 12.19% 13.09%
SIP (R) 44.75% 29.86% 27.18% 20.31% 15.77%
SIP (D) 45.72% 30.71% 28.04% 21.09% 16.55%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
1.1 0.6 1.11 5.69% 0.15
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.15% -13.88% -10.23% 0.96 9.24%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Motilal Oswal Long Term Equity Fund (Moflte) 3
Quant Tax Plan 4
JM Tax Gain Fund 5
Bank Of India Tax Advantage Fund 6
ITI Long Term Equity Fund 7

NAV Date: 17-09-2024

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA TAX SAVER (ELSS) FUND - ANNUAL IDCW Option 24.16
0.0200
0.1000%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - ANNUAL IDCW Option 25.95
0.0300
0.1100%
NIPPON INDIA TAX SAVER (ELSS) FUND - IDCW Option 39.78
0.0400
0.1000%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - IDCW Option 52.48
0.0600
0.1100%
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 132.9
0.1400
0.1000%
Nippon India Tax Saver Fund - Direct Plan Growth Plan - Growth Option 145.06
0.1500
0.1100%

Review Date: 17-09-2024

Nippon India Tax Saver (Elss) Fund has shown good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 9 out of 35 funds in the category. The fund has delivered return of 40.79% in 1 year, 20.09% in 3 years, 22.86% in 5 years and 12.23% in 10 years. The category average for the same periods is 39.0%, 18.3%, 22.98% and 15.34% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 13.15, VaR of -13.88, Average Drawdown of -5.82, Semi Deviation of 9.24 and Max Drawdown of -10.23. The category average for the same parameters is 12.84, -14.08, -5.31, 8.98 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 ₹14174.0 in 1 year, ₹17687.0 in 3 years and ₹28997.0 in 5 years as of today (17-09-2024).
  2. An SIP of ₹1,000 per month in Nippon India Tax Saver (Elss) Fund direct growth option would have grown to ₹14804.0 in 1 year, ₹55910.0 in 3 years and ₹119856.0 in 5 years as of today (17-09-2024).
  3. standard deviation of 13.15 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 1.1 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.92, Beta of 0.96 and Jensen's Alpha of 5.69% which exhibit very good performance in the elss (tax saving) fund category .


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.61
4.14
-0.24 | 7.05 12 | 35 Good
3M Return % 7.59
8.08
0.71 | 13.78 25 | 35 Average
6M Return % 23.73
23.37
17.87 | 41.14 12 | 35 Good
1Y Return % 40.79
39.00
26.53 | 66.15 14 | 35 Good
3Y Return % 20.09
18.30
8.99 | 27.09 8 | 33 Very Good
5Y Return % 22.86
22.98
16.28 | 37.05 15 | 32 Good
7Y Return % 11.35
15.60
11.22 | 23.71 28 | 29 Poor
10Y Return % 12.23
15.34
12.23 | 23.44 22 | 22 Poor
15Y Return % 15.08
14.75
12.13 | 16.89 9 | 19 Good
1Y SIP Return % 44.75
43.29
32.88 | 74.08 12 | 35 Good
3Y SIP Return % 29.86
28.22
21.43 | 42.62 10 | 33 Good
5Y SIP Return % 27.18
25.62
18.83 | 36.17 10 | 32 Good
7Y SIP Return % 20.31
21.23
15.14 | 31.02 18 | 29 Average
10Y SIP Return % 15.77
18.07
13.65 | 26.29 19 | 22 Poor
15Y SIP Return % 15.39
16.51
13.94 | 21.52 14 | 20 Average
Standard Deviation 13.15
12.84
9.92 | 15.90 24 | 33 Average
Semi Deviation 9.24
8.98
7.11 | 11.38 24 | 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
-5.31
-9.27 | -2.58 23 | 33 Average
Sharpe Ratio 1.10
0.93
0.24 | 1.57 10 | 33 Good
Sterling Ratio 1.11
0.91
0.34 | 1.63 5 | 33 Very Good
Sortino Ratio 0.60
0.50
0.15 | 0.91 8 | 33 Very Good
Jensen Alpha % 5.69
2.49
-9.30 | 12.87 6 | 33 Very Good
Treynor Ratio 0.15
0.13
0.03 | 0.22 10 | 33 Good
Modigliani Square Measure % 22.58
20.43
9.38 | 30.04 8 | 33 Very Good
Alpha % 5.25
0.83
-9.61 | 11.32 4 | 33 Very Good
Return data last Updated On : Sept. 17, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 28, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 4.66 4.23 -0.15 | 7.15 14 | 35
3M Return % 7.77 8.38 0.99 | 14.12 25 | 35
6M Return % 24.15 24.05 18.21 | 41.98 13 | 35
1Y Return % 41.74 40.52 27.87 | 68.14 14 | 35
3Y Return % 20.94 19.64 9.85 | 27.93 11 | 33
5Y Return % 23.73 24.36 17.27 | 39.29 17 | 32
7Y Return % 12.19 16.83 12.19 | 25.38 29 | 29
10Y Return % 13.09 16.34 13.09 | 24.71 23 | 23
1Y SIP Return % 45.72 44.85 33.63 | 76.15 13 | 35
3Y SIP Return % 30.71 29.59 22.79 | 44.24 10 | 33
5Y SIP Return % 28.04 26.99 19.76 | 38.27 10 | 32
7Y SIP Return % 21.09 22.45 16.06 | 32.92 20 | 29
10Y SIP Return % 16.55 19.05 14.63 | 27.77 20 | 23
Standard Deviation 13.15 12.84 9.92 | 15.90 24 | 33
Semi Deviation 9.24 8.98 7.11 | 11.38 24 | 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 -5.31 -9.27 | -2.58 23 | 33
Sharpe Ratio 1.10 0.93 0.24 | 1.57 10 | 33
Sterling Ratio 1.11 0.91 0.34 | 1.63 5 | 33
Sortino Ratio 0.60 0.50 0.15 | 0.91 8 | 33
Jensen Alpha % 5.69 2.49 -9.30 | 12.87 6 | 33
Treynor Ratio 0.15 0.13 0.03 | 0.22 10 | 33
Modigliani Square Measure % 22.58 20.43 9.38 | 30.04 8 | 33
Alpha % 5.25 0.83 -9.61 | 11.32 4 | 33
Return data last Updated On : Sept. 17, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.10 ₹ 10,010.00 0.11 ₹ 10,011.00
1W 1.41 ₹ 10,141.00 1.43 ₹ 10,143.00
1M 4.61 ₹ 10,461.00 4.66 ₹ 10,466.00
3M 7.59 ₹ 10,759.00 7.77 ₹ 10,777.00
6M 23.73 ₹ 12,373.00 24.15 ₹ 12,415.00
1Y 40.79 ₹ 14,079.00 41.74 ₹ 14,174.00
3Y 20.09 ₹ 17,318.00 20.94 ₹ 17,687.00
5Y 22.86 ₹ 27,998.00 23.73 ₹ 28,997.00
7Y 11.35 ₹ 21,227.00 12.19 ₹ 22,368.00
10Y 12.23 ₹ 31,691.00 13.09 ₹ 34,216.00
15Y 15.08 ₹ 82,229.00 ₹

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 44.75 ₹ 14,747.17 45.72 ₹ 14,803.74
3Y ₹ 36000 29.86 ₹ 55,277.21 30.71 ₹ 55,909.98
5Y ₹ 60000 27.18 ₹ 117,407.52 28.04 ₹ 119,855.52
7Y ₹ 84000 20.31 ₹ 173,331.31 21.09 ₹ 178,232.88
10Y ₹ 120000 15.77 ₹ 274,301.16 16.55 ₹ 286,073.28
15Y ₹ 180000 15.39 ₹ 638,436.42 ₹


Date NAV Regular Growth NAV Direct Growth
17-09-2024 132.9019 145.0571
16-09-2024 132.7645 144.9045
13-09-2024 132.0058 144.0685
12-09-2024 131.9346 143.9881
11-09-2024 130.1022 141.9857
10-09-2024 131.05 143.0174
09-09-2024 129.9434 141.8072
06-09-2024 130.0085 141.8705
05-09-2024 131.8278 143.853
04-09-2024 131.1962 143.1612
03-09-2024 131.5746 143.5715
02-09-2024 131.2298 143.1929
30-08-2024 131.1787 143.1292
29-08-2024 130.6811 142.5837
28-08-2024 130.7197 142.6231
27-08-2024 130.7884 142.6954
26-08-2024 130.1666 142.0144
23-08-2024 129.2254 140.9798
22-08-2024 129.0996 140.8399
21-08-2024 128.6466 140.3433
20-08-2024 128.1089 139.7541
19-08-2024 127.0506 138.597

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.