Nippon India ELSS Tax Saver Fund Growth

• Alpha -6.56%
• Beta 1.12
• Sharpe Ratio0.82
• Std Deviation 13.34%
• Tracking Error 7.84%

The primary objective of the scheme is to generate long term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.However, there can be no assurance that the scheme's investment objective shall be achieved

The Nippon India ELSS Tax Saver Fund Growth has an AUM of 15059.64 crores & has delivered CAGR of 22.00% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.71%. The minimum investment in Nippon India ELSS Tax Saver Fund Growth is Rs 500 and the minimum SIP is Rs 500.

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

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

The major sectors where the fund is invested are Regional Banks, Auto & Truck Parts, Electric Utilities & Software & Programming.

Some of the similar funds are Nippon India ELSS Tax Saver Fund Growth, Quant ELSS Tax Saver Growth, ICICI Prudential ELSS Tax Saver Fund Growth, Aditya Birla Sun Life ELSS Tax Saver Growth, Aditya Birla Sun Life ELSS Tax Saver (ELSS U/S 80C of IT ACT) Growth (LSP). Nippon India ELSS Tax Saver Fund Growth has a sharpe ratio of 0.82 & a standard deviation of 13.34%.