Navi ELSS Tax Saver Nifty 50 Index Fund
ELSSVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹13.63+0.33%1 day
- Return since launch
- 9.0%
- 52-week range
- ₹13.11 — ₹15.48
- AUM
- ₹154 Cr
Navi ELSS Tax Saver Nifty 50 Index Fund is a ELSS equity fund from Navi Mutual Fund with ₹154 Cr under management, launched in 2023. Over three years it has returned -1.1% a year, against 10.4% for its category. The expense ratio is 1.07% 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 -6.1% against -0.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -10.8% | −10.9 pts | 0.1% | -2.1% |
| 2Y | -5.0% | −5.7 pts | 0.7% | -0.3% |
| 3Y | -1.1% | −11.5 pts | 10.4% | 2.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -4.5% | −1.0 pts | -3.5% | -3.6% |
| 3M | -3.3% | −2.7 pts | -0.6% | -1.0% |
| 6M | 1.7% | −7.6 pts | 9.2% | 8.2% |
| 1Y | -6.1% | −6.2 pts | 0.1% | -0.8% |
| 2Y | -5.9% | −2.7 pts | -3.3% | -3.9% |
| 3Y | 5.5% | −4.9 pts | 10.4% | 9.2% |
Since launch (14 Feb 2023): 9.0%
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 25 Sep 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 | -3.36 | 4.67 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.87 | 1.08 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.19 | 0.67 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.25 | 0.90 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.54 | 17.94 | 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 31 Aug 2026
Asset allocation
- Equity99.9%
- Other0.1%
Market cap split
- Large98.7%
- Mid1.3%
- P/E
- 20.10
- P/B
- 3.10
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 9.84% | ₹15.20 Cr | +10.55% | +11.82% | +13.09% |
| ICICI Bank Ltd. | Financial | 9.44% | ₹14.58 Cr | +8.31% | +8.57% | +8.99% |
| Reliance Industries Ltd. | Energy | 7.82% | ₹12.08 Cr | +8.26% | +8.19% | +8.29% |
| Bharti Airtel Ltd. | Communication | 4.99% | ₹7.71 Cr | +5.20% | +4.56% | +4.64% |
| Larsen & Toubro Ltd. | Construction | 4.29% | ₹6.63 Cr | +4.43% | +4.37% | +3.81% |
| State Bank of India | Financial | 3.97% | ₹6.13 Cr | +3.70% | +4.34% | +2.78% |
| Infosys Ltd. | Technology | 3.60% | ₹5.57 Cr | +3.77% | +3.96% | +4.77% |
| Axis Bank Ltd. | Financial | 3.38% | ₹5.23 Cr | +3.42% | +3.45% | +2.70% |
| Kotak Mahindra Bank Ltd. | Financial | 2.80% | ₹4.32 Cr | +2.62% | +2.66% | +2.60% |
| Mahindra & Mahindra Ltd. | Automobile | 2.66% | ₹4.10 Cr | +2.52% | +2.64% | +2.55% |
| Bajaj Finance Ltd. | Financial | 2.57% | ₹3.97 Cr | +2.25% | +2.30% | +2.10% |
| ITC Ltd. | Consumer Staples | 2.23% | ₹3.45 Cr | +2.56% | +2.63% | +3.44% |
| Tata Consultancy Services Ltd. | Technology | 2.22% | ₹3.43 Cr | +2.14% | +2.34% | +2.84% |
| Eternal Ltd. | Services | 2.15% | ₹3.32 Cr | +1.67% | +1.54% | +1.97% |
| Titan Company Ltd. | Consumer Discretionary | 1.91% | ₹2.95 Cr | +1.56% | +1.55% | +1.35% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.90% | ₹2.94 Cr | +1.76% | +1.60% | +1.55% |
| Maruti Suzuki India Ltd. | Automobile | 1.60% | ₹2.47 Cr | +1.59% | +1.70% | +1.75% |
| Hindustan Unilever Ltd. | Consumer Staples | 1.58% | ₹2.44 Cr | +1.77% | +1.81% | +2.13% |
| NTPC Ltd. | Energy | 1.41% | ₹2.17 Cr | +1.70% | +1.58% | +1.40% |
| Shriram Finance Ltd | Financial | 1.41% | ₹2.18 Cr | +1.23% | +1.32% | +0.73% |
| Tata Steel Ltd. | Metals & Mining | 1.38% | ₹2.13 Cr | +1.59% | +1.53% | +1.15% |
| Bharat Electronics Ltd. | Capital Goods | 1.35% | ₹2.08 Cr | +1.36% | +1.39% | +1.19% |
| Hindalco Industries Ltd. | Metals & Mining | 1.33% | ₹2.06 Cr | +1.51% | +1.16% | +0.92% |
| HCL Technologies Ltd. | Technology | 1.25% | ₹1.94 Cr | +1.16% | +1.28% | +1.39% |
| Ultratech Cement Ltd. | Materials | 1.23% | ₹1.90 Cr | +1.26% | +1.31% | +1.35% |
| Bajaj Auto Ltd. | Automobile | 1.22% | ₹1.88 Cr | +1.07% | +0.96% | +0.86% |
| Grasim Industries Ltd. | Materials | 1.15% | ₹1.78 Cr | +1.10% | +0.93% | +0.96% |
| JSW Steel Ltd. | Metals & Mining | 1.11% | ₹1.72 Cr | +1.11% | +1.03% | +0.88% |
| Asian Paints Ltd. | Materials | 1.09% | ₹1.68 Cr | +1.12% | +0.94% | +1.03% |
| Power Grid Corporation Of India Ltd. | Energy | 1.08% | ₹1.67 Cr | +1.22% | +1.18% | +1.12% |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.07% | ₹1.65 Cr | +1.23% | +0.98% | +0.87% |
| Interglobe Aviation Ltd. | Services | 1.07% | ₹1.66 Cr | +0.92% | +0.95% | — |
| Bajaj Finserv Ltd. | Financial | 1.06% | ₹1.64 Cr | +0.95% | +0.99% | +0.94% |
| Eicher Motors Ltd. | Automobile | 0.99% | ₹1.53 Cr | +0.91% | +0.96% | +0.76% |
| Nestle India Ltd. | Consumer Staples | 0.97% | ₹1.50 Cr | +0.94% | +0.81% | +0.75% |
| Tech Mahindra Ltd. | Technology | 0.94% | ₹1.45 Cr | +0.87% | +0.75% | +0.85% |
| Coal India Ltd. | Materials | 0.87% | ₹1.35 Cr | +0.96% | +0.85% | +0.77% |
| Trent Ltd. | Services | 0.87% | ₹1.34 Cr | +0.87% | +0.75% | +1.06% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.83% | ₹1.28 Cr | +0.78% | +0.70% | +0.69% |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.82% | ₹1.26 Cr | +0.95% | +0.95% | +0.82% |
| Adani Enterprises Ltd. | Services | 0.75% | ₹1.16 Cr | +0.78% | +0.49% | +0.53% |
| Cipla Ltd. | Healthcare | 0.72% | ₹1.11 Cr | +0.73% | +0.66% | +0.81% |
| JIO Financial Services Ltd. | Financial | 0.72% | ₹1.11 Cr | +0.73% | +0.73% | +0.92% |
| SBI Life Insurance Company Ltd. | Insurance | 0.71% | ₹1.09 Cr | +0.76% | +0.80% | +0.73% |
| Max Healthcare Institute Ltd. | Healthcare | 0.70% | ₹1.09 Cr | +0.66% | +0.71% | — |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.64% | ₹0.99 Cr | +0.74% | +0.68% | +0.69% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.61% | ₹0.95 Cr | +0.71% | +0.65% | +0.63% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | 0.58% | ₹0.90 Cr | +0.76% | +0.70% | +1.26% |
| HDFC Life Insurance Co Ltd. | Insurance | 0.53% | ₹0.82 Cr | +0.59% | +0.67% | +0.75% |
| Wipro Ltd. | Technology | 0.45% | ₹0.70 Cr | +0.54% | +0.50% | +0.64% |
| Others | Others | 0.14% | ₹0.20 Cr | +0.11% | +0.04% | +0.16% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 10.25% | 9.84% | -0.41% |
| Bharti Airtel Ltd. | 5.37% | 4.99% | -0.38% |
| ICICI Bank Ltd. | 9.20% | 9.44% | +0.24% |
| Kotak Mahindra Bank Ltd. | 2.57% | 2.80% | +0.23% |
| Axis Bank Ltd. | 3.16% | 3.38% | +0.22% |
| Eternal Ltd. | 1.96% | 2.15% | +0.19% |
| ITC Ltd. | 2.42% | 2.23% | -0.19% |
| Bajaj Finance Ltd. | 2.74% | 2.57% | -0.17% |
| State Bank of India | 3.80% | 3.97% | +0.17% |
| Larsen & Toubro Ltd. | 4.13% | 4.29% | +0.16% |
| Bharat Electronics Ltd. | 1.24% | 1.35% | +0.11% |
| Titan Company Ltd. | 1.80% | 1.91% | +0.11% |
| Grasim Industries Ltd. | 1.05% | 1.15% | +0.10% |
| Shriram Finance Ltd | 1.31% | 1.41% | +0.10% |
| Hindustan Unilever Ltd. | 1.67% | 1.58% | -0.09% |
| Reliance Industries Ltd. | 7.91% | 7.82% | -0.09% |
| Bajaj Auto Ltd. | 1.14% | 1.22% | +0.08% |
| Hindalco Industries Ltd. | 1.26% | 1.33% | +0.07% |
| Power Grid Corporation Of India Ltd. | 1.15% | 1.08% | -0.07% |
| Mahindra & Mahindra Ltd. | 2.72% | 2.66% | -0.06% |
| NTPC Ltd. | 1.47% | 1.41% | -0.06% |
| Tata Consultancy Services Ltd. | 2.16% | 2.22% | +0.06% |
| Tata Motors Passenger Vehicles Ltd. | 0.64% | 0.58% | -0.06% |
| Maruti Suzuki India Ltd. | 1.66% | 1.60% | -0.06% |
| Infosys Ltd. | 3.55% | 3.60% | +0.05% |
| Adani Ports and Special Economic Zone Ltd. | 1.12% | 1.07% | -0.05% |
| SBI Life Insurance Company Ltd. | 0.76% | 0.71% | -0.05% |
| JSW Steel Ltd. | 1.07% | 1.11% | +0.04% |
| Others | 0.11% | 0.14% | +0.03% |
| Adani Enterprises Ltd. | 0.78% | 0.75% | -0.03% |
| JIO Financial Services Ltd. | 0.75% | 0.72% | -0.03% |
| Max Healthcare Institute Ltd. | 0.73% | 0.70% | -0.03% |
| Trent Ltd. | 0.90% | 0.87% | -0.03% |
| Ultratech Cement Ltd. | 1.26% | 1.23% | -0.03% |
| Asian Paints Ltd. | 1.11% | 1.09% | -0.02% |
| Cipla Ltd. | 0.74% | 0.72% | -0.02% |
| Coal India Ltd. | 0.89% | 0.87% | -0.02% |
| Eicher Motors Ltd. | 0.97% | 0.99% | +0.02% |
| HCL Technologies Ltd. | 1.27% | 1.25% | -0.02% |
| Interglobe Aviation Ltd. | 1.05% | 1.07% | +0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.84% | 0.82% | -0.02% |
| Tata Consumer Products Ltd. | 0.63% | 0.61% | -0.02% |
| Tata Steel Ltd. | 1.40% | 1.38% | -0.02% |
| Bajaj Finserv Ltd. | 1.05% | 1.06% | +0.01% |
| Dr. Reddy's Laboratories Ltd. | 0.63% | 0.64% | +0.01% |
| Sun Pharmaceutical Industries Ltd. | 1.89% | 1.90% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | 0.83% | 0.83% | 0.00% |
| HDFC Life Insurance Co Ltd. | 0.53% | 0.53% | 0.00% |
| Nestle India Ltd. | 0.97% | 0.97% | 0.00% |
| Tech Mahindra Ltd. | 0.94% | 0.94% | 0.00% |
| Wipro Ltd. | 0.45% | 0.45% | 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 | ₹2,116 Cr | 2.39% | 10.2% | 9.0% | 14.7% |
 Motilal Oswal ELSS Tax Saver Fund | ₹5,134 Cr | 2.09% | 16.6% | 12.5% | 18.1% |
 HSBC ELSS Tax saver Fund | ₹4,229 Cr | 2.00% | 7.2% | 8.5% | 13.3% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹507 Cr | 2.59% | 4.3% | 7.3% | — |
 ITI ELSS Tax Saver Fund | ₹463 Cr | 2.57% | 8.9% | 7.3% | 13.1% |
 JM ELSS - Tax Saver Fund | ₹248 Cr | 2.69% | 13.8% | 9.4% | 14.1% |
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
- Ashutosh ShirwaikarMr. Shirwaikar has done MMS and CFAPrior to joining Navi MF, he has worked with Quantum AMC and ICICI Bank
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 months1.68% absolute | ₹60,000 | ₹61,008 | 1.68% | |
| 1 year−6.11% annualised | ₹1,20,000 | ₹1,16,102 | −3.25% | |
| 3 years5.53% annualised | ₹3,60,000 | ₹3,92,408 | 9.00% |
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 ₹13.63 as on 25 Sep 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 1.07% 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 17 schemes with ₹9,453 Cr under management.