Navi ELSS Tax Saver Fund Regular Growth | Mutual Fund Performance | Mint
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Business News/Market/Market Stats/    Navi ELSS Tax Saver Fund Regular Growth

Navi ELSS Tax Saver Fund Regular Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 1
  • Plan
26.29 +0.03 (0.13%) NAV as on 27 Feb, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)63.49
  • CAGR 31.97%
  • Exit Load0.00%
  • Expense ratio2.25%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2015-12-30

Morning Star Rating 1

Moderate
Risk
Exceptional
Return

Asset Allocation

Holdings As On - 28 February 2024

  • Name
  • Value (Cr)
  • Holding %
  • Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent
  • 2.12
  • 3.34%
View More

Risk & Volitility

  • Alpha -3.05%
  • Beta 0.98
  • Sharpe Ratio0.95
  • Std Deviation 12.84%
  • Tracking Error 6.85%

About Fund

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments. Specified Investors in the Scheme are entitled to deductions of the amount invested in Units of the Scheme, subject to a maximum of ` 1,50,000/- under and in terms of Section 80 C (2) (xiii) of the Income Tax Act, 1961. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There can be no assurance that the investment objective under the Scheme will be realized.

 

The Navi ELSS Tax Saver Fund Regular Growth has an AUM of 63.49 crores & has delivered CAGR of 14.18% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.25%. The minimum investment in Navi ELSS Tax Saver Fund Regular Growth is Rs 500 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Moderate & Exceptional respectively.

 

The top holdings of the fund include Infosys, HDFC Bank, Reliance Industries & Sun Pharmaceutical Industries.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Biotechnology & Drugs & Consumer Financial Services.

 

Some of the similar funds are SBI Long Term Advantage Fund Series III Regular Plan Growth, Bank of India Midcap Tax Fund Series 1 Regular Growth, Taurus ELSS Tax Saver Fund-Growth Option, Navi ELSS Tax Saver Fund Regular Growth, 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth. Navi ELSS Tax Saver Fund Regular Growth has a sharpe ratio of 0.95 & a standard deviation of 12.84%.

FAQs about Navi ELSS Tax Saver Fund Regular Growth

According to the morning star rating Navi ELSS Tax Saver Fund Regular Growth has a Moderate risk & Exceptional return.
Navi ELSS Tax Saver Fund Regular Growth is managed by Aditya Mulki,Ashutosh Shirwaikar.
The expense ratio of Navi ELSS Tax Saver Fund Regular Growth is 2.25%.
The 5 year annualized return on Navi ELSS Tax Saver Fund Regular Growth is 14.18% & it has generated 31.97% in the last 1 year.
The minimum investment in Navi ELSS Tax Saver Fund Regular Growth is 500 Rs.
Navi ELSS Tax Saver Fund Regular Growth has an AUM of 63.49 crores.
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