Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth | Mutual Fund Performance | Mint
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Business News/Market/Market Stats/    Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth

Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating N.A.
  • Plan
13.04 +-0.00 (-0.02%) NAV as on 23 Feb, 2024
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)34.90
  • CAGR 0.00%
  • Exit Load0.00%
  • Expense ratio0.99%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2023-03-21

Morning Star Rating N.A.

Risk
Return

Asset Allocation

Holdings As On - 24 February 2024

  • Name
  • Value (Cr)
  • Holding %
  • ITC
  • 1.44
  • 4.12%
View More

Risk & Volitility

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

About Fund

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 34.90 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 0.99%. 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 - & - respectively.

 

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

 

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

 

Some of the similar funds are Sundaram Long Term Tax Advantage Fund Series III Regular Growth, Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth, SBI Tax Advantage Fund Series III Regular Growth, ICICI Prudential Long Term Wealth Enhancement Fund Growth, Navi 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%.

FAQs about Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth

According to the morning star rating Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth has a & return.
Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth is managed by Aditya Mulki,Ashutosh Shirwaikar.
The expense ratio of Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth is 0.99%.
The 5 year annualized return on Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth is 0.00% & it has generated 0.00% in the last 1 year.
The minimum investment in Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth is 500 Rs.
Navi ELSS Tax Saver Nifty 50 Index Fund Regular Growth has an AUM of 34.90 crores.
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