1M
6M
1Y
3Y
5Y
All
| NAV: 24 May 2024 | ₹128.94 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹14,931.85Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 47.2% | 22.6% | 16.6% | 15.5% |
| Category average | 40.6% | 19.6% | 18.3% | NA |
| Rank with in category | 9 | 9 | 27 | NA |
Understand terms
Holdings (61)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 7.55% |
HDFC Bank Ltd. | Financial | Equity | 6.11% |
Infosys Ltd. | Technology | Equity | 3.90% |
NTPC Ltd. | Energy | Equity | 3.79% |
Axis Bank Ltd. | Financial | Equity | 3.79% |
State Bank of India | Financial | Equity | 3.49% |
Reliance Industries Ltd. | Energy | Equity | 3.14% |
Larsen & Toubro Ltd. | Construction | Equity | 2.83% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 2.70% |
Power Finance Corporation Ltd. | Financial | Equity | 2.37% |
See All
Pros and cons
Category: Equity ELSS
Pros
Cons
Exit load is zero
5Y and 10Y annualised returns lower than category average
Lower expense ratio: 1.03%
Lock-in period: 3Y
Consistently higher annualised returns than category average for the past 1Y and 3Y
Low rating: 2
Higher alpha: 2.9
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Expense ratio, exit load and tax
Expense ratio: 1.03%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Rupesh PatelJul 2021 - PresentView details
Rupesh Patel
Jul 2021 - Present
View details
Education
Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Tata Asset Management Limited, Indiareit Fund Advisors Pvt. Ltd. and Credit Analysis & Research Ltd.
Also manages these schemes
Ashutosh BhargavaJul 2020 - PresentView details
Ashutosh Bhargava
Jul 2020 - Present
View details
Education
Mr. Bhargava is B.Com & MBA (Finance)
Experience
Prior to joining Nippon India Mutual Fund he has worked with Reliance Capital Ltd and JP Morgan India Service Pvt. Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
NA
Launch Date
30 Jun 1995
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
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