Share Fund
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.
Suitability
This product is suitable for investors who are seeking
• Capital appreciation over long term
• Investment in Equity & equity related instruments
| Scheme Class | Equity |
| Scheme Category | ELSS (Tax Savings) |
| Expense Ratio | 0.39% |
| Min subscription | ₹ 500 |
| Scheme Type | Open-ended |
| Scheme AUM (in Crs.) | ₹ 62 |
| AMC AUM (in Crs.) | ₹ 1,790 |
| Min Addition Subscription | ₹ 500 |
| Benchmark Type | S&P BSE 200 India TR INR |
| Exit Load | Units locked in for 3 years, No exit load |
| Fund | Min SIP Inv. | Min Inv. | Returns 3Y |
|---|---|---|---|
Mirae Asset Tax Saver Fund - Direct Plan | 500 | 500 | 20.39% |
Axis Long Term Equity Fund - Direct Plan | 500 | 500 | 11.67% |
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan | 500 | 500 | 20.5% |
HSBC ELSS Fund - Direct Plan | 500 | 500 | 17.96% |
Aditya Birla Sun Life Tax Relief 96 - Direct Plan | 500 | 500 | 10.84% |
Tata India Tax Savings Fund - Direct Plan | 500 | 500 | 20.33% |
Axis Long Term Equity Fund - Direct Plan | 500 | 500 | 11.67% |
IDFC Tax Advantage (ELSS) Fund - Direct Plan | 500 | 500 | 27.39% |
| Company | Holding Type | Asset(%) |
|---|---|---|
HDFC Bank Ltd | Equity | 7 |
ICICI Bank Ltd | Equity | 5 |
Reliance Industries Ltd | Equity | 5 |
Axis Bank Ltd | Equity | 4 |
Infosys Ltd | Equity | 4 |
Sun Pharmaceuticals Industries Ltd | Equity | 4 |
Polycab India Ltd | Equity | 3 |
Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | Cash - Repurchase Agreement | 3 |
Max Healthcare Institute Ltd Ordinary Shares | Equity | 3 |
Tata Motors Ltd | Equity | 3 |
| Asset | Percent |
|---|---|
Equity | 97 |
Cash - Repurchase Agreement | 3 |
| Sector | Percent |
|---|---|
Financial Services | 28 |
Industrials | 15 |
Consumer Cyclical | 14 |
Technology | 10 |
Healthcare | 10 |
Fund Manager
Aditya Mulki
1+ years of experience
About
mf@navi.com
Phone
9740846275
Address
Peerless Mansion,3rd Floor,,1, Chowringhee Square, Kolkata - 700 069
