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Nippon India Tax Saver (ELSS) Fund - Direct Plan

The primary objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. However, there can be no assurance that the scheme’s investment objective shall be achieved.

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	0.85%
Min subscription	₹ 500

Scheme Type	Open-ended
Scheme AUM (in Crs.)	₹ 10,711
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	24.1%
Axis Long Term Equity Fund - Direct Plan	500	500	16.85%
ICICI Prudential Long Term Equity Fund ( Tax Saving) - Direct Plan	500	500	19.73%
L&T Tax Advantage Fund - Direct Plan	500	500	16.71%
Aditya Birla Sun Life Tax Relief 96 - Direct Plan	500	500	13.75%
Tata India Tax Savings Fund - Direct Plan	500	500	20.04%
Axis Long Term Equity Fund - Direct Plan	500	500	16.85%
IDFC Tax Advantage (ELSS) Fund - Direct Plan	500	500	25.98%

Top 10 Holdings

Company	Holding Type	Asset(%)
HDFC Bank Ltd	Equity	8
ICICI Bank Ltd	Equity	7
Infosys Ltd	Equity	7
Reliance Industries Ltd	Equity	6
State Bank of India	Equity	4
Axis Bank Ltd	Equity	4
Housing Development Finance Corp Ltd	Equity	4
Larsen & Toubro Ltd	Equity	3
NTPC Ltd	Equity	2
Kotak Mahindra Bank Ltd	Equity	2

Asset Allocation(%)

Asset	Percent
Equity	98
Cash - Repurchase Agreement	2
Equity - Warrants Rights (Call)	0
Cash - Collateral	0
Cash	0

Sector Allocation(%)

Sector	Percent
Financial Services	37
Consumer Cyclical	11
Industrials	10
Basic Materials	10
Technology	9

Fund Manager

Kinjal Desai

4+ years of experience

Ashutosh Bhargava

2+ years of experience

Rupesh Patel

1+ 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