Share Fund
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.
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 |
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% |
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 | Percent |
---|---|
Equity | 98 |
Cash - Repurchase Agreement | 2 |
Equity - Warrants Rights (Call) | 0 |
Cash - Collateral | 0 |
Cash | 0 |
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
About
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