Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.00
• Std Deviation 0.00%
• Tracking Error 0.00%

The investment objective of the Scheme is to invest in companies whose securities are included in Nifty 50 Index (the Index) and to endeavour to achieve the returns of the index, though subject to tracking error. 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. However, there is no assurance that the investment objective of the Scheme will be realized.

The Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth has an AUM of 108.29 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.00%. The minimum investment in Navi ELSS Tax Saver Nifty 50 Index 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 & Moderate respectively.

The top holdings of the fund include HDFC Bank, Reliance Industries, ICICI Bank & Bharti Airtel.

The major sectors where the fund is invested are Regional Banks, Oil & Gas Operations, Software & Programming & Communications Services.

Some of the similar funds are SBI Long Term Advantage Fund Series IV Regular Plan Growth, Taurus ELSS Tax Saver Fund-Growth Option, Samco ELSS Tax Saver Fund Regular Growth, Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth, 360 ONE ELSS Tax Saver Nifty 50 Index Fund Regular Growth. Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth has a sharpe ratio of 0.00 & a standard deviation of 0.00%.