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Nippon India Tax Saver (ELSS) Fund - Direct Plan

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.

Suitability

This product is suitable for investors who are seeking

• Long term capital growth.

• Investment in equity and equity related securities.

Fund Info

Scheme Class	Equity
Scheme Category	ELSS (Tax Savings)
Expense Ratio	1.02%
Min subscription	₹ 500

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 11,924
AMC AUM (in Crs.)	₹ 2,33,617
Min Addition Subscription	₹ 500

Benchmark Type

S&P BSE 200 India TR INR

Exit Load

Units locked in for 3 years, No exit load

Building Graph

Peer Comparison

Fund	Min SIP Inv.	Min Inv.	Returns 3Y
Mirae Asset Tax Saver Fund - Direct Plan	500	500	31.35%
Axis Long Term Equity Fund - Direct Plan	500	500	16.93%
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan	500	500	28.3%
HSBC ELSS Fund - Direct Plan	500	500	26.06%
Aditya Birla Sun Life Tax Relief 96 - Direct Plan	500	500	16.06%
Tata India Tax Savings Fund - Direct Plan	500	500	27.55%
Axis Long Term Equity Fund - Direct Plan	500	500	16.93%
IDFC Tax Advantage (ELSS) Fund - Direct Plan	500	500	39.04%

Top 10 Holdings

Company	Holding Type	Asset(%)
HDFC Bank Ltd	Equity	8
ICICI Bank Ltd	Equity	8
Infosys Ltd	Equity	6
Axis Bank Ltd	Equity	5
State Bank of India	Equity	5
Housing Development Finance Corp Ltd	Equity	4
Reliance Industries Ltd	Equity	4
Larsen & Toubro Ltd	Equity	3
NTPC Ltd	Equity	3
Sun Pharmaceuticals Industries Ltd	Equity	2

Asset Allocation(%)

Asset	Percent
Equity	99
Cash - Repurchase Agreement	1
Cash - Collateral	0
Cash	0

Sector Allocation(%)

Sector	Percent
Financial Services	40
Consumer Cyclical	11
Industrials	10
Basic Materials	10
Technology	6

Fund Manager

Rupesh Patel

1+ years of experience

Ashutosh Bhargava

2+ years of experience

Kinjal Desai

4+ years of experience

Akshay Sharma

0+ years of experience

Nippon India Mutual Fund

AUM₹2,33,617 Cr

About

Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani (ADA) Group and it is one of the largest growing asset management companies in India. It has an asset under management of Rs 2,40,445.37 and 83.99 lakhs folios.##Reliance Mutual Fund is present across 160 cities across the country. The main motto of the asset management company is to launch products that are not only innovative, but also conducive for investors. They believe in increasing their value to investors.##RMF provides a host of mutual funds across various categories, be it equity, debt and hybrid. The schemes have a well-managed portfolio and it has pioneered to become one of the most trusted asset management companies in India.##Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance Company.

customercare@nipponindiaim.in

Phone

18002090007

Address

Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W), Mumbai - 400 013

Calculate Returns

Investment Amount

Expected Annual Return Rate(%)

Investment DurationYears6Months0

Investment Amount₹ 10000

Return Amount₹ 4185

Return Rate6 %

Duration6y 0m