Navi ELSS Tax Saver Nifty 50 Index Fund
ELSSVery HighOPEN-ENDED
- NAV as on 6 Nov 2026
- ₹14.73+2.03%1 day
- Return since launch
- 11.0%
- 52-week range
- ₹13.09 — ₹15.48
- AUM
- ₹145 Cr
Navi ELSS Tax Saver Nifty 50 Index Fund is a ELSS equity fund from Navi Mutual Fund with ₹145 Cr under management, launched in 2023. Over three years it has returned 3.9% a year, against 11.4% for its category. The expense ratio is 1.08% and the SEBI riskometer reading is Very High.
Performance
Navi ELSS Tax Saver Nifty 50 Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -1.8% against +0.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.3% | +5.0 pts | 0.3% | 5.3% |
| 2Y | 3.3% | −0.7 pts | 4.0% | 3.6% |
| 3Y | 3.8% | −7.6 pts | 11.4% | 4.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 10.7% | +5.7 pts | 5.0% | 7.7% |
| 3M | 1.7% | +2.6 pts | -0.9% | -1.1% |
| 6M | 3.2% | +1.0 pts | 2.2% | 2.8% |
| 1Y | -1.8% | −2.1 pts | 0.3% | -0.2% |
| 2Y | 1.8% | +0.6 pts | 1.2% | 1.0% |
| 3Y | 8.8% | −2.7 pts | 11.4% | 10.5% |
Since launch (14 Feb 2023): 11.0%
Calendar-year returns
Category average8.6%
10.7%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 10.7% | +6.3 pts | 4.5% |
| 2024 | 8.6% | −11.7 pts | 20.3% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.07%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.90%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.17%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹2,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty 50 Total Return
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | -2.79 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.87 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.12 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.15 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.96 | 17.53 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Navi ELSS Tax Saver Nifty 50 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity100.0%
Market cap split
- Large98.6%
- Mid1.4%
- P/E
- 18.24
- P/B
- 2.72
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 10.38% | ₹15.03 Cr | +11.15% | +10.94% | +12.87% |
| ICICI Bank Ltd. | Financial | 9.05% | ₹13.10 Cr | +8.99% | +8.42% | +8.52% |
| Reliance Industries Ltd. | Energy | 7.59% | ₹10.98 Cr | +7.98% | +8.87% | +8.18% |
| Bharti Airtel Ltd. | Communication | 5.11% | ₹7.39 Cr | +5.14% | +5.35% | +4.54% |
| Larsen & Toubro Ltd. | Construction | 4.21% | ₹6.09 Cr | +4.43% | +4.02% | +3.81% |
| State Bank of India | Financial | 3.79% | ₹5.48 Cr | +3.87% | +3.97% | +3.21% |
| Axis Bank Ltd. | Financial | 3.37% | ₹4.88 Cr | +3.53% | +3.26% | +2.87% |
| Infosys Ltd. | Technology | 3.36% | ₹4.86 Cr | +3.20% | +4.28% | +4.60% |
| Kotak Mahindra Bank Ltd. | Financial | 2.93% | ₹4.25 Cr | +2.64% | +2.54% | +2.60% |
| Mahindra & Mahindra Ltd. | Automobile | 2.52% | ₹3.65 Cr | +2.50% | +2.58% | +2.69% |
| Bajaj Finance Ltd. | Financial | 2.50% | ₹3.62 Cr | +2.46% | +2.10% | +2.35% |
| ITC Ltd. | Consumer Staples | 2.42% | ₹3.50 Cr | +2.52% | +2.71% | +3.43% |
| Eternal Ltd. | Services | 2.22% | ₹3.21 Cr | +1.75% | +1.61% | +2.01% |
| Tata Consultancy Services Ltd. | Technology | 2.00% | ₹2.90 Cr | +1.89% | +2.35% | +2.61% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.84% | ₹2.66 Cr | +1.80% | +1.82% | +1.49% |
| Titan Company Ltd. | Consumer Discretionary | 1.81% | ₹2.62 Cr | +1.66% | +1.59% | +1.23% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.59% | ₹2.31 Cr | +1.72% | +1.78% | +1.98% |
| Maruti Suzuki India Ltd. | Automobile | 1.49% | ₹2.15 Cr | +1.68% | +1.58% | +1.86% |
| NTPC Ltd. | Energy | 1.47% | ₹2.12 Cr | +1.54% | +1.72% | +1.43% |
| Tata Steel Ltd. | Metals & Mining | 1.46% | ₹2.12 Cr | +1.42% | +1.55% | +1.24% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.35% | ₹1.95 Cr | +1.22% | +0.95% | +0.92% |
| Bharat Electronics Ltd. | Capital Goods | 1.33% | ₹1.92 Cr | +1.35% | +1.40% | +1.28% |
| Shriram Finance Ltd | Financial | 1.32% | ₹1.90 Cr | +1.33% | +1.19% | +0.76% |
| Hindalco Industries Ltd. | Metals & Mining | 1.30% | ₹1.89 Cr | +1.26% | +1.25% | +0.98% |
| HCL Technologies Ltd. | Technology | 1.24% | ₹1.79 Cr | +1.03% | +1.38% | +1.30% |
| Ultratech Cement Ltd. | Materials | 1.24% | ₹1.79 Cr | +1.22% | +1.24% | +1.28% |
| BSE Ltd. | Services | 1.21% | ₹1.75 Cr | — | — | — |
| JSW Steel Ltd. | Metals & Mining | 1.15% | ₹1.67 Cr | +1.05% | +1.03% | +0.95% |
| Bajaj Auto Ltd. | Automobile | 1.13% | ₹1.64 Cr | +0.98% | +0.95% | +0.85% |
| Power Grid Corporation Of India Ltd. | Energy | 1.13% | ₹1.63 Cr | +1.18% | +1.31% | +1.12% |
| Grasim Industries Ltd. | Materials | 1.10% | ₹1.60 Cr | +1.07% | +0.95% | +0.93% |
| Interglobe Aviation Ltd. | Services | 1.08% | ₹1.56 Cr | +1.11% | +0.87% | +1.08% |
| Asian Paints Ltd. | Materials | 1.04% | ₹1.50 Cr | +1.09% | +0.96% | +0.94% |
| Coal India Ltd. | Materials | 0.97% | ₹1.41 Cr | +0.96% | +1.00% | +0.78% |
| Bajaj Finserv Ltd. | Financial | 0.96% | ₹1.39 Cr | +0.94% | +0.92% | +1.01% |
| Adani Enterprises Ltd. | Services | 0.94% | ₹1.36 Cr | +0.80% | +0.45% | +0.58% |
| Eicher Motors Ltd. | Automobile | 0.94% | ₹1.36 Cr | +0.89% | +0.89% | +0.85% |
| Tech Mahindra Ltd. | Technology | 0.93% | ₹1.34 Cr | +0.81% | +0.86% | +0.79% |
| Nestle India Ltd. | Consumer Staples | 0.90% | ₹1.30 Cr | +0.92% | +0.82% | +0.73% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.84% | ₹1.21 Cr | +0.83% | +1.08% | +0.82% |
| Trent Ltd. | Services | 0.83% | ₹1.21 Cr | +1.00% | +0.71% | +0.92% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.80% | ₹1.16 Cr | +0.82% | +0.75% | +0.66% |
| SBI Life Insurance Company Ltd. | Insurance | 0.73% | ₹1.05 Cr | +0.72% | +0.78% | +0.71% |
| Cipla Ltd. | Healthcare | 0.72% | ₹1.05 Cr | +0.75% | +0.67% | +0.75% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.72% | ₹1.04 Cr | +0.76% | +0.75% | +0.66% |
| JIO Financial Services Ltd. | Financial | 0.68% | ₹0.98 Cr | +0.71% | +0.72% | +0.85% |
| Max Healthcare Institute Ltd. | Healthcare | 0.66% | ₹0.96 Cr | +0.77% | +0.70% | +0.73% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.59% | ₹0.86 Cr | +0.64% | +0.65% | +0.65% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.57% | ₹0.82 Cr | +0.67% | +0.61% | +1.26% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.54% | ₹0.78 Cr | +0.57% | +0.62% | +0.72% |
| Others | Others | -0.05% | ₹-0.06 Cr | +0.23% | -0.02% | +0.01% |
Sectors
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| BSE Ltd. | 0.00% | 1.21% | +1.21% |
| HDFC Bank Ltd. | 9.84% | 10.38% | +0.54% |
| Wipro Ltd. | 0.45% | 0.00% | -0.45% |
| ICICI Bank Ltd. | 9.44% | 9.05% | -0.39% |
| Adani Ports and Special Economic Zone Ltd. | 1.07% | 1.35% | +0.28% |
| Infosys Ltd. | 3.60% | 3.36% | -0.24% |
| Reliance Industries Ltd. | 7.82% | 7.59% | -0.23% |
| Tata Consultancy Services Ltd. | 2.22% | 2.00% | -0.22% |
| Adani Enterprises Ltd. | 0.75% | 0.94% | +0.19% |
| ITC Ltd. | 2.23% | 2.42% | +0.19% |
| Others | 0.14% | -0.05% | -0.19% |
| State Bank of India | 3.97% | 3.79% | -0.18% |
| Mahindra & Mahindra Ltd. | 2.66% | 2.52% | -0.14% |
| Kotak Mahindra Bank Ltd. | 2.80% | 2.93% | +0.13% |
| Bharti Airtel Ltd. | 4.99% | 5.11% | +0.12% |
| Maruti Suzuki India Ltd. | 1.60% | 1.49% | -0.11% |
| Bajaj Finserv Ltd. | 1.06% | 0.96% | -0.10% |
| Coal India Ltd. | 0.87% | 0.97% | +0.10% |
| Titan Company Ltd. | 1.91% | 1.81% | -0.10% |
| Bajaj Auto Ltd. | 1.22% | 1.13% | -0.09% |
| Shriram Finance Ltd | 1.41% | 1.32% | -0.09% |
| Larsen & Toubro Ltd. | 4.29% | 4.21% | -0.08% |
| Tata Steel Ltd. | 1.38% | 1.46% | +0.08% |
| Dr. Reddy's Laboratories Ltd. | 0.64% | 0.72% | +0.08% |
| Eternal Ltd. | 2.15% | 2.22% | +0.07% |
| Nestle India Ltd. | 0.97% | 0.90% | -0.07% |
| Bajaj Finance Ltd. | 2.57% | 2.50% | -0.07% |
| NTPC Ltd. | 1.41% | 1.47% | +0.06% |
| Sun Pharmaceutical Industries Ltd. | 1.90% | 1.84% | -0.06% |
| Asian Paints Ltd. | 1.09% | 1.04% | -0.05% |
| Eicher Motors Ltd. | 0.99% | 0.94% | -0.05% |
| Grasim Industries Ltd. | 1.15% | 1.10% | -0.05% |
| Power Grid Corporation Of India Ltd. | 1.08% | 1.13% | +0.05% |
| Trent Ltd. | 0.87% | 0.83% | -0.04% |
| JIO Financial Services Ltd. | 0.72% | 0.68% | -0.04% |
| Max Healthcare Institute Ltd. | 0.70% | 0.66% | -0.04% |
| JSW Steel Ltd. | 1.11% | 1.15% | +0.04% |
| Hindalco Industries Ltd. | 1.33% | 1.30% | -0.03% |
| Apollo Hospitals Enterprise Ltd. | 0.83% | 0.80% | -0.03% |
| Bharat Electronics Ltd. | 1.35% | 1.33% | -0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.82% | 0.84% | +0.02% |
| SBI Life Insurance Company Ltd. | 0.71% | 0.73% | +0.02% |
| Tata Consumer Products Ltd. | 0.61% | 0.59% | -0.02% |
| HCL Technologies Ltd. | 1.25% | 1.24% | -0.01% |
| HDFC Life Insurance Co Ltd. | 0.53% | 0.54% | +0.01% |
| Hindustan Unilever Ltd. | 1.58% | 1.59% | +0.01% |
| Interglobe Aviation Ltd. | 1.07% | 1.08% | +0.01% |
| Tata Motors Passenger Vehicles Ltd. | 0.58% | 0.57% | -0.01% |
| Ultratech Cement Ltd. | 1.23% | 1.24% | +0.01% |
| Tech Mahindra Ltd. | 0.94% | 0.93% | -0.01% |
| Axis Bank Ltd. | 3.38% | 3.37% | -0.01% |
| Cipla Ltd. | 0.72% | 0.72% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹2,088 Cr | 2.35% | 8.7% | 8.0% | 13.4% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.9% | 9.0% | 16.1% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 7.7% | 7.8% | 12.8% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 5.8% | 6.9% | 11.7% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.2% | 8.4% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.8% | 7.7% | 13.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks 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.
Fund managers
- Rushabh PatelB.Tech. in Mechanical Engineering, Pandit Deendayal Petroleum University, Gandhinagar, MBA in Finance.Prior to joining Navi AMC, Rushabh key contributions include: Equity Research & Analysis: Conducted in-depth research and analysis of small, mid, and large-cap companies.
- Shrineel SarafBachelors and Masters of Science, PGDM-Business Management from XLRI Jamshedpur.Mr. Shrineel Saraf is an experienced investment professional with expertise in portfolio management, equity research and quantitative modelling. His experience includes portfolio and strategy development for Large & Mid Cap funds and factor funds, along with equity research involving financial modelling, business model assessments and forensic governance reviews.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.23% absolute | ₹60,000 | ₹61,938 | 3.23% | |
| 1 year−1.84% annualised | ₹1,20,000 | ₹1,18,811 | −0.99% | |
| 3 years8.79% annualised | ₹3,60,000 | ₹4,13,226 | 14.79% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Navi ELSS Tax Saver Nifty 50 Index Fund?
The NAV of Navi ELSS Tax Saver Nifty 50 Index Fund is ₹14.73 as on 6 Nov 2026.
What is the expense ratio of Navi ELSS Tax Saver Nifty 50 Index Fund?
The expense ratio of Navi ELSS Tax Saver Nifty 50 Index Fund is 1.08% per year.
What is the minimum SIP amount for Navi ELSS Tax Saver Nifty 50 Index Fund?
You can start a SIP in Navi ELSS Tax Saver Nifty 50 Index Fund with ₹2,000 a month.
Is there a lock-in or exit load on Navi ELSS Tax Saver Nifty 50 Index Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is Navi ELSS Tax Saver Nifty 50 Index Fund?
Navi ELSS Tax Saver Nifty 50 Index Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages Navi ELSS Tax Saver Nifty 50 Index Fund?
Navi ELSS Tax Saver Nifty 50 Index Fund is managed by Navi Mutual Fund, which runs 18 schemes with ₹9,944 Cr under management.