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Nippon India Mutual Fund

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

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Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option is a ELSS fund managed by Nippon India Mutual Fund.

Category: ELSS
4.4/5
very high Risk

1Y

10.86%

3Y

18.46%

5Y

19.21%

10Y

%

Since Inception

0%

Current NAV

140.68

Lumpsum

500

SIP

500/month

Start SIP Now

Start SIP or make lumpsum investment

Investment Objective

To provide long-term capital appreciation by investing in a diversified portfolio of a mix of equity and debt instruments. The fund follows a ELSS investment strategy managed by Nippon India Mutual Fund.

Key Features

  • 18.46% CAGR over 3 years
  • ELSS category fund
  • Managed by Nippon India Mutual Fund
  • Min SIP: ₹500/month

Portfolio Holdings

Asset Allocation

Asset allocation data not available for this fund.

Top 5 Holdings

Sector Allocation

Strengths

    Limitations

      Fund Details

      Expense Ratio

      0%

      Exit Load

      Nil

      AUM

      0 Cr

      Fund Manager

      Fund Management Team

      Why this card?

      Low Expense

      Calculated based on rewards, fees, and benefits analysis.

      8.5
      Pro Score
      Returns7.4/10
      Cost Efficiency10/10
      Rating8.8/10

      This card ranks in the Top 10% for cost efficiency.

      Start Investing

      SIP from ₹500/month

      VIEW ON BROKER on Nippon India Mutual Fund's website

      Zero commission • Instant investment

      Suitable For

      • Balanced risk-return seekers
      • First-time mutual fund investors
      • Medium-term financial goals

      Tax Information

      Tax deduction up to ₹1.5L under Section 80C. 3-year lock-in period. LTCG above ₹1.25L taxed at 12.5%.

      Important: InvestingPro.in is NOT a SEBI registered investment advisor. We provide decision support and educational content only. All financial decisions are made at your own risk.

      Fair Use: Brand names/logos are property of their owners, used here for comparison under Fair Use.

      AI Logic: "Smart Advisor" recommendations are simulated algorithmic suggestions, not personalized advice.

      Please consult a SEBI-registered investment advisor before making any financial decisions.

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      Returns vs Benchmark (CRISIL Composite Bond)

      PeriodNippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth OptionCRISIL Composite BondDifference
      1Y10.86%
      3Y18.46%
      5Y19.21%

      Return Calculator

      Monthly investment

      Based on 19.21% CAGR (5Y returns)

      PeriodInvestedValueGain
      1Y₹60,000₹66,625+₹6,625
      3Y₹1.8 L₹2.4 L+₹64,775
      5Y₹3.0 L₹5.1 L+₹2.1 L
      10Y₹6.0 L₹18.2 L+₹12.2 L
      15Y₹9.0 L₹52.2 L+₹43.2 L
      20Y₹12.0 L₹1.40 Cr+₹1.28 Cr

      Projections are illustrative. Mutual fund investments are subject to market risks. Past performance does not guarantee future returns.

      How to Invest in Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option

      1

      Complete KYC

      PAN + Aadhaar verification (one-time, 2 min)

      2

      Choose Plan

      Direct plan recommended (lower expense ratio)

      3

      Set SIP Amount

      Minimum ₹500/month

      4

      Start Investing

      Auto-debit from bank account every month

      Frequently Asked Questions

      Is Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option a good investment?

      Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option has delivered 18.46% returns over 3 years with a very_high risk profile. It's rated 4.4/5. Whether it's good for you depends on your investment horizon (we recommend 5+ years for equity funds) and risk tolerance.

      What is the minimum SIP amount for Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option?

      The minimum SIP amount is ₹500/month. For lumpsum investment, the minimum is ₹500.

      What is the expense ratio of Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option?

      The expense ratio is 0%. This is the annual fee charged by Nippon India Mutual Fund for managing the fund. We recommend comparing with similar funds in the ELSS category.

      Should I choose Direct or Regular plan?

      Direct plans have 0.5-1% lower expense ratios (no distributor commission). Over 10+ years, this difference compounds to lakhs. We always recommend Direct plans for informed investors.

      Can I withdraw from Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option anytime?

      Yes, you can redeem your investment anytime. Exit load: Nil. Redemption amount is typically credited within 1-3 business days.

      How are returns taxed?

      Tax deduction up to ₹1.5L under Section 80C. 3-year lock-in period. LTCG above ₹1.25L taxed at 12.5%.

      Frequently Asked Questions

      Is Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option a good investment?
      Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option has delivered 18.46% returns over 3 years with a very_high risk profile. It's rated 4.4/5. Whether it's good for you depends on your investment horizon (we recommend 5+ years for equity funds) and risk tolerance.
      What is the minimum SIP amount for Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option?
      The minimum SIP amount is ₹500/month. For lumpsum investment, the minimum is ₹500.
      What is the expense ratio of Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option?
      The expense ratio is 0%. This is the annual fee charged by Nippon India Mutual Fund for managing the fund. We recommend comparing with similar funds in the ELSS category.
      Should I choose Direct or Regular plan?
      Direct plans have 0.5-1% lower expense ratios (no distributor commission). Over 10+ years, this difference compounds to lakhs. We always recommend Direct plans for informed investors.
      Can I withdraw from Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option anytime?
      Yes, you can redeem your investment anytime. Exit load: Nil. Redemption amount is typically credited within 1-3 business days.
      How are returns taxed?
      Tax deduction up to ₹1.5L under Section 80C. 3-year lock-in period. LTCG above ₹1.25L taxed at 12.5%.
      InvestingPro Verdict

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

      4.4
      Returns9.0/10
      Consistency10.0/10
      Expense Ratio10.0/10
      Fund Management9.0/10

      Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option is a ELSS fund managed by Nippon India Mutual Fund with an expense ratio of 0%. It has delivered 18.46% CAGR over 3 years. Best for investors with high risk appetite and long horizon.

      Reviewed by InvestingPro Editorial Team

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