Nippon India Tax Saver Fund Direct Plan Growth Plan - Growth Option Growth

Equity | Tax Savings

(NAV as of 29/04/2024)

125.23 (0.92)

3Y Returns

23.3%

Min SIP

₹500

Min Lumpsum

₹500

Expense Ratio

1.05%

Fund Size

₹14028 Cr

Inception Date

01-Jan-13

Fund Manager

Rupesh Patel

Exit Load

Nil.

Wealthzi View

Fund Traits

Zi Tags

Description

Market Risk / Risk Taken Compared to Benchmark

This fund has taken more risk than the Nifty 200 TRI benchmark and its beta is more than Tax Savings category average when compared on the 5 year period.

Fund Size

This fund has a high range AUM which ensures liquidity and stability.

SIP Returns

This fund has given less SIP returns than the Nifty 200 TRI benchmark and among the bottom quartile in Tax Savings category when compared on the 5 year period.

Risk Adjusted Returns

This fund has given lower risk adjusted returns than the Nifty 200 TRI benchmark and among the bottom quartile in Tax Savings category when compared on the 5 year period.

Extra Returns Over Benchmark

This fund has not beaten the Nifty 200 TRI benchmark and among the bottom quartile in Tax Savings category when compared on a 3 year rolling period.

Returns Consistency

This fund has given less returns than the Nifty 200 TRI benchmark and among the bottom quartile in Tax Savings category when compared on a 3 year rolling period.

Performance Against Inflation

This fund has given more or less similar inflation beating returns than the Nifty 200 TRI benchmark and among the mid quartile in Tax Savings category when compared on a 3 year rolling period.

Overall Fund Zi Tag

Market Risk / Risk Taken Compared to Benchmark

→

Fund Size

→

SIP Returns

→

Risk Adjusted Returns

→

Extra Returns Over Benchmark

→

Returns Consistency

→

Performance Against Inflation

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Overall Fund Zi Tag

Asset Allocation

Equity

97.67%

Debt & Others

2.33%

Market Cap Allocation

Large Cap

68.14%

Mid Cap

14.72%

Small Cap

14.81%

Other Cap

2.33%

Sector Allocation

Banks

21.69%

Automobiles

9.43%

Finance

6.29%

Power

6.13%

Internet and Technology

4.81%

Top Ten Holdings

ICICI Bank Ltd

7.11%

HDFC Bank Ltd

6.92%

Infosys Ltd

4.81%

Axis Bank Ltd

3.66%

NTPC Ltd

3.63%

Investment Objective

To Generate Long-Term Capital Appreciation From A Portfolio That Is Invested Predominantly In Equity And Equity Related Instruments.

Fund House Detail

AMC Name

Nippon Life India Asset Management Limited

Scheme Document

https://www.nipponindiamf.com/investor-service/downloads/scheme-information-document

Address

Reliance Centre, 7th Floor,South Wing, Off Western Express Highway, Santacruz (East)Mumbai - 400 055

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