Investment Objective and Approach

The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments. This ELSS fund follows a diversified equity investment strategy, mandated to invest at least 80 per cent of its assets in equity stocks while offering tax benefits under Section 80C.

The fund's holdings are mostly in Large Cap stocks and in debt instruments, which means it's following a conservative investment strategy. The fund manager focuses on quality stock selection through in-depth analysis to ensure portfolio returns remain aligned with investor expectations while maintaining diversification across sectors.

Key Investment Features:

- Investment in ELSS schemes is subject to lock in period of 3 years from the date of allotment of units

- When you invest in Nippon India MF ELSS Funds, you become eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act

- Minimum SIP investment: ₹500

- Minimum lumpsum investment: ₹500

Fund Managers

Ashwani Kumar is the Current Fund Manager of Nippon India ELSS Tax Saver Fund Direct Growth fund. The fund also has co-managers including:

- Rupesh Patel and Ritesh Rathod manage the Nippon India ELSS Tax Saver Fund

- The fund is managed by Rupesh Patel, Ashutosh Bhargava, Kinjal Desai, Akshay Sharma, Ritesh Rathod

Mr. Rupesh is a B.E.(Civil) and MBA (Finance). Prior to joining Nippon India Mutual Fund, he has worked with Tata Asset Management Limited, Indiareit Fund Advisors Pvt. Ltd. and Credit Analysis & Research Ltd.

About the Fund House (AMC)

Nippon India Mutual Fund was launched as a joint venture between Japan's Nippon Life Insurance Company and India's Reliance Capital way back in 1996. Nippon purchased the stake of Reliance in October 2019 and the fund house has been renamed as Nippon India Mutual Fund.

Nippon India Mutual Fund is one of India's leading mutual funds, with Average Assets Under Management (AAUM) of Rs 2,79,431 Crores. NIMF has been established as a trust under the Indian Trusts Act, 1882 with Nippon Life Insurance Company as its Sponsor and Nippon Life India Trustee Ltd as its Trustee.

The fund house operates with Nippon Life Insurance Company as the sponsor and Reliance Capital Trustee Co. Ltd. as the trustee, ensuring strong governance and regulatory compliance.

Should I Invest in Nippon India ELSS Tax Saver Fund?

Performance Track Record:

- Since its inception on 21 September 2005, Nippon India ELSS Tax Saver Fund has given a CAGR return of 13.85% p.a. (as on 30th June 2025)

- Over the past five years, Nippon India ELSS Tax Saver Fund has delivered an annualised return of 24.23% as of 20-Jul-2025

Key Financial Metrics (as of August 2025):

- Current NAV: ₹140.09 as of 13 Aug 2025

- AUM: ₹15338.90 Cr as of 12th August 2025

- Expense Ratio: 1.01 as of 12th August 2025 for Direct Plan

Investment Considerations:

- Tax Benefits: Save up to ₹46,800 annually in taxes under Section 80C

- Lock-in Period: Mandatory 3-year lock-in period for all investments

- Risk Profile: Rated Very High risk

- Taxation: Gains up to Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%

Who Should Invest:

- Investors seeking tax-saving opportunities under Section 80C

- Those with long-term investment horizons (5+ years recommended)

- Individuals comfortable with equity market volatility

- Investors looking for potential inflation-beating returns

Important Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years

FAQs

What is today's NAV of Nippon India ELSS Tax Saver Fund?

The latest NAV varies by plan - Regular Plan NAV is around ₹128-129, while Direct Plan NAV is approximately ₹140 as of August 2025. NAV is updated daily after market hours.

What is the AUM of Nippon India ELSS Tax Saver Fund?

The AUM is ₹15,338.90 Crore as of 12th August 2025, making it one of the larger ELSS funds in the market.

What is the expense ratio of Nippon India ELSS Tax Saver Fund?

The expense ratio is 1.01% as of 12th August 2025 for the Direct Plan, while Regular Plan has higher expense ratio due to distributor commissions.

What are the returns of Nippon India ELSS Tax Saver Fund since inception?

Since its inception on 21 September 2005, the fund has given a CAGR return of 13.85% p.a. (as on 30th June 2025).

What is the minimum SIP amount to invest in Nippon India ELSS Tax Saver Fund?

The minimum SIP amount to invest in this scheme is ₹500, making it accessible for most investors.

How do I invest in Nippon India ELSS Tax Saver Fund?

You can invest through Allvest platform by selecting the fund, choosing between SIP or lumpsum, and completing the KYC process. Allvest offers zero commission direct plan investments.

How to start a SIP in Nippon India ELSS Tax Saver Fund?

Through Allvest, select the fund, choose monthly SIP option, set your investment amount (minimum ₹500), select SIP date, and set up auto-debit from your bank account.

How do I automate an SIP in Nippon India ELSS Tax Saver Fund?

Allvest platform allows you to set up automated SIPs with auto-debit facility. Once configured, your chosen amount will be invested automatically at regular intervals.

How can I withdraw/redeem my investment in Nippon India ELSS Tax Saver Fund?

ELSS investments have a mandatory 3-year lock-in period. After the lock-in expires, you can redeem through Allvest platform by selecting the fund and choosing partial or full redemption option.