Nippon India ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹128.11+0.41%1 day
- Return since launch
- 12.9%
- 52-week range
- ₹116.79 — ₹133.91
- AUM
- ₹14,718 Cr
Nippon India ELSS Tax Saver Fund is a ELSS equity fund from Nippon India Mutual Fund with ₹14,718 Cr under management, launched in 2005. Over three years it has returned 4.4% a year, against 10.4% for its category. The expense ratio is 1.78% and the SEBI riskometer reading is Very High.
Performance
Nippon India ELSS Tax Saver Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.0% 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 | -1.3% | −1.4 pts | 0.1% | -2.1% |
| 2Y | 1.4% | +0.7 pts | 0.7% | -0.3% |
| 3Y | 4.4% | −6.0 pts | 10.4% | 2.7% |
| 5Y | 10.4% | +0.6 pts | 9.7% | 8.4% |
| 7Y | 13.9% | +0.9 pts | 13.0% | 11.6% |
| 10Y | 11.7% | −0.8 pts | 12.5% | 11.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -2.4% | +1.1 pts | -3.5% | -3.6% |
| 3M | -2.0% | −1.4 pts | -0.6% | -1.0% |
| 6M | 7.1% | −2.2 pts | 9.2% | 8.2% |
| 1Y | 1.0% | +0.9 pts | 0.1% | -0.8% |
| 2Y | -3.0% | +0.3 pts | -3.3% | -3.9% |
| 3Y | 11.5% | +1.1 pts | 10.4% | 9.2% |
| 5Y | 10.6% | +0.9 pts | 9.7% | 8.7% |
| 7Y | 13.9% | −0.5 pts | 14.4% | 12.5% |
| 10Y | 9.8% | −2.7 pts | 12.5% | 10.9% |
Since launch (25 Jul 2005): 12.9%
Calendar-year returns
Category average-0.4%
37.6%
6.9%
28.6%
17.5%
6.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.0% | +1.5 pts | 4.5% |
| 2024 | 17.5% | −2.8 pts | 20.3% |
| 2023 | 28.6% | −3.2 pts | 31.8% |
| 2022 | 6.9% | +3.5 pts | 3.5% |
| 2021 | 37.6% | −2.3 pts | 39.9% |
| 2020 | -0.4% | −19.1 pts | 18.7% |
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
1.80%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.46%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.31%
- Exit load
- 0%
- Lock-in
- 3 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- 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 | 0.84 | 4.67 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.97 | 1.08 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.50 | 0.67 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.71 | 0.90 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.97 | 17.94 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India ELSS Tax Saver Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity98.6%
- Debt0.0%
- Other1.4%
Market cap split
- Large64.7%
- Mid20.0%
- Small15.3%
- P/E
- 20.23
- P/B
- 2.91
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 7.41% | ₹1,091 Cr | +6.84% | +7.65% | +8.05% |
| HDFC Bank Ltd. | Financial | 6.60% | ₹971 Cr | +6.18% | +6.65% | +7.14% |
| Axis Bank Ltd. | Financial | 4.15% | ₹611 Cr | +4.11% | +4.72% | +3.92% |
| State Bank of India | Financial | 3.53% | ₹519 Cr | +3.21% | +4.10% | +3.01% |
| Samvardhana Motherson International Ltd. | Automobile | 3.48% | ₹512 Cr | +3.47% | +3.42% | +2.38% |
| NTPC Ltd. | Energy | 3.11% | ₹458 Cr | +3.68% | +3.57% | +3.07% |
| Reliance Industries Ltd. | Energy | 2.95% | ₹434 Cr | +3.06% | +3.40% | +2.74% |
| Infosys Ltd. | Technology | 2.93% | ₹431 Cr | +3.00% | +3.30% | +4.29% |
| Bharti Airtel Ltd. | Communication | 2.82% | ₹415 Cr | +2.85% | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 2.59% | ₹381 Cr | +2.39% | +1.97% | +2.12% |
| Eternal Ltd. | Services | 2.45% | ₹361 Cr | +2.13% | +1.76% | +2.25% |
| TVS Holdings Ltd. | Automobile | 2.39% | ₹351 Cr | +2.45% | +2.87% | +2.30% |
| Divi's Laboratories Ltd. | Healthcare | 2.38% | ₹350 Cr | +1.68% | +1.59% | +0.66% |
| Gland Pharma Ltd. | Healthcare | 2.16% | ₹317 Cr | +1.68% | +1.34% | +1.38% |
| Power Finance Corporation Ltd. | Financial | 2.08% | ₹306 Cr | +2.66% | +2.52% | +2.32% |
| Coal India Ltd. | Materials | 1.86% | ₹273 Cr | +2.12% | +1.96% | +1.71% |
| Healthcare Global Enterprises Ltd. | Healthcare | 1.85% | ₹272 Cr | +1.61% | +1.35% | +1.58% |
| Mahindra & Mahindra Ltd. | Automobile | 1.78% | ₹263 Cr | +0.58% | — | — |
| Varun Beverages Ltd. | Consumer Staples | 1.66% | ₹244 Cr | +1.62% | +1.36% | +1.30% |
| United Spirits Ltd. | Consumer Staples | 1.62% | ₹238 Cr | +1.38% | +1.48% | +1.40% |
| The Indian Hotels Company Ltd. | Services | 1.54% | ₹227 Cr | +1.37% | +1.37% | +1.56% |
| Avenue Supermarts Ltd. | Services | 1.51% | ₹222 Cr | +1.57% | +1.47% | +1.82% |
| Mankind Pharma Ltd. | Healthcare | 1.47% | ₹217 Cr | +1.03% | +0.80% | +0.88% |
| KSB Ltd. | Capital Goods | 1.45% | ₹214 Cr | +1.42% | +1.36% | +1.47% |
| GE Vernova T&D India Ltd | Capital Goods | 1.44% | ₹212 Cr | +1.51% | +1.48% | +1.27% |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.41% | ₹208 Cr | +1.51% | +1.53% | +1.71% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.38% | ₹204 Cr | +1.58% | +1.65% | +1.85% |
| Others | Others | 1.36% | ₹197 Cr | 0.00% | +0.01% | 0.00% |
| REC Ltd. | Financial | 1.36% | ₹200 Cr | +1.42% | +1.45% | +1.45% |
| NLC India Ltd. | Energy | 1.35% | ₹199 Cr | +1.76% | +1.29% | +1.12% |
| Max Financial Services Ltd. | Financial | 1.28% | ₹189 Cr | +1.37% | +1.70% | +2.04% |
| Tata Power Company Ltd. | Energy | 1.25% | ₹184 Cr | +1.52% | +1.34% | +1.33% |
| Cyient Ltd. | Technology | 1.18% | ₹173 Cr | +0.91% | +0.90% | — |
| company:2048 | Financial | 1.14% | ₹168 Cr | — | — | — |
| BSE Ltd. | Services | 1.11% | ₹164 Cr | +1.41% | +0.90% | +0.82% |
| Titan Company Ltd. | Consumer Discretionary | 1.11% | ₹163 Cr | +0.89% | +0.52% | — |
| 3M India Ltd. | Consumer Staples | 1.10% | ₹162 Cr | +1.08% | +1.22% | +1.00% |
| Linde India Ltd. | Chemicals | 1.01% | ₹148 Cr | +1.19% | +1.22% | +1.16% |
| Indus Towers Ltd. | Communication | 1.00% | ₹148 Cr | +0.85% | +0.86% | +0.64% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.99% | ₹145 Cr | +1.12% | +1.07% | +1.00% |
| Angel One Ltd. | Financial | 0.97% | ₹142 Cr | +1.14% | +0.77% | +0.73% |
| SBI Life Insurance Company Ltd. | Insurance | 0.95% | ₹139 Cr | +1.00% | +1.25% | +1.33% |
| JIO Financial Services Ltd. | Financial | 0.89% | ₹130 Cr | +0.88% | +0.92% | +1.13% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.87% | ₹127 Cr | +0.98% | — | — |
| Info Edge (India) Ltd. | Services | 0.84% | ₹124 Cr | +0.64% | +0.48% | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.80% | ₹118 Cr | +0.96% | +0.86% | +1.10% |
| Trent Ltd. | Services | 0.78% | ₹115 Cr | — | — | — |
| Ambuja Cements Ltd. | Materials | 0.74% | ₹108 Cr | +0.82% | +0.90% | +1.02% |
| Timken India Ltd. | Capital Goods | 0.74% | ₹109 Cr | +0.86% | +0.81% | +0.67% |
| United Breweries Ltd. | Consumer Staples | 0.71% | ₹105 Cr | +0.72% | +0.86% | +0.99% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.69% | ₹102 Cr | +0.62% | — | — |
| Automotive Axles Ltd. | Automobile | 0.67% | ₹98.81 Cr | +0.67% | +0.78% | +0.66% |
| Tata Consultancy Services Ltd. | Technology | 0.65% | ₹95.97 Cr | +0.61% | — | +0.60% |
| Union Bank of India | Financial | 0.64% | ₹94.32 Cr | +0.57% | +0.68% | +0.75% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.63% | ₹93.32 Cr | +0.57% | — | — |
| Tatva Chintan Pharma Chem Ltd. | Chemicals | 0.57% | ₹84.05 Cr | +0.40% | +0.44% | +0.40% |
| Siemens Energy India Ltd. | Energy | 0.51% | ₹74.89 Cr | +0.66% | +0.86% | +0.81% |
| Wheels India Ltd. | Automobile | 0.50% | ₹74.23 Cr | +0.58% | +0.63% | +0.63% |
| NTPC Green Energy Ltd. | Energy | 0.47% | ₹68.55 Cr | +0.32% | +0.28% | +0.32% |
| Carborundum Universal Ltd. | Metals & Mining | 0.45% | ₹66.40 Cr | +0.42% | +0.33% | +0.37% |
| Interglobe Aviation Ltd. | Services | 0.36% | ₹52.34 Cr | +0.60% | +1.50% | +1.89% |
| Blue Star Ltd. | Consumer Discretionary | 0.33% | ₹49.07 Cr | +0.36% | +0.43% | +0.42% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:2048 | 0.00% | 1.14% | +1.14% |
| Sun Pharmaceutical Industries Ltd. | 0.93% | 0.00% | -0.93% |
| Havells India Ltd. | 0.51% | 0.00% | -0.51% |
| Power Finance Corporation Ltd. | 2.59% | 2.08% | -0.51% |
| HDFC Bank Ltd. | 6.12% | 6.60% | +0.48% |
| Mankind Pharma Ltd. | 1.06% | 1.47% | +0.41% |
| Astral Ltd. | 0.39% | 0.00% | -0.39% |
| Divi's Laboratories Ltd. | 2.00% | 2.38% | +0.38% |
| Cyient Ltd. | 0.84% | 1.18% | +0.34% |
| Gland Pharma Ltd. | 1.85% | 2.16% | +0.31% |
| ICICI Bank Ltd. | 7.70% | 7.41% | -0.29% |
| Axis Bank Ltd. | 3.88% | 4.15% | +0.27% |
| Trent Ltd. | 0.52% | 0.78% | +0.26% |
| TVS Holdings Ltd. | 2.62% | 2.39% | -0.23% |
| Bharti Airtel Ltd. | 3.03% | 2.82% | -0.21% |
| REC Ltd. | 1.55% | 1.36% | -0.19% |
| Healthcare Global Enterprises Ltd. | 1.67% | 1.85% | +0.18% |
| NTPC Green Energy Ltd. | 0.31% | 0.47% | +0.16% |
| NTPC Ltd. | 3.26% | 3.11% | -0.15% |
| State Bank of India | 3.38% | 3.53% | +0.15% |
| NLC India Ltd. | 1.49% | 1.35% | -0.14% |
| Larsen & Toubro Ltd. | 0.13% | 0.00% | -0.13% |
| Radico Khaitan Ltd. | 2.47% | 2.59% | +0.12% |
| BSE Ltd. | 1.22% | 1.11% | -0.11% |
| Tata Power Company Ltd. | 1.35% | 1.25% | -0.10% |
| Linde India Ltd. | 1.10% | 1.01% | -0.09% |
| LG Electronics India Ltd. | 0.60% | 0.69% | +0.09% |
| KSB Ltd. | 1.52% | 1.45% | -0.07% |
| Max Financial Services Ltd. | 1.21% | 1.28% | +0.07% |
| Union Bank of India | 0.57% | 0.64% | +0.07% |
| Crompton Greaves Consumer Electricals Ltd. | 0.87% | 0.80% | -0.07% |
| GE Vernova T&D India Ltd | 1.38% | 1.44% | +0.06% |
| SBI Life Insurance Company Ltd. | 1.01% | 0.95% | -0.06% |
| Samvardhana Motherson International Ltd. | 3.54% | 3.48% | -0.06% |
| Titan Company Ltd. | 1.05% | 1.11% | +0.06% |
| Info Edge (India) Ltd. | 0.78% | 0.84% | +0.06% |
| Infosys Ltd. | 2.88% | 2.93% | +0.05% |
| Tatva Chintan Pharma Chem Ltd. | 0.62% | 0.57% | -0.05% |
| United Breweries Ltd. | 0.76% | 0.71% | -0.05% |
| Blue Star Ltd. | 0.38% | 0.33% | -0.05% |
| Wheels India Ltd. | 0.45% | 0.50% | +0.05% |
| Adani Ports and Special Economic Zone Ltd. | 0.91% | 0.87% | -0.04% |
| Ambuja Cements Ltd. | 0.78% | 0.74% | -0.04% |
| ICICI Lombard General Insurance Company Ltd. | 1.42% | 1.38% | -0.04% |
| JIO Financial Services Ltd. | 0.93% | 0.89% | -0.04% |
| Mahindra & Mahindra Ltd. | 1.82% | 1.78% | -0.04% |
| Cholamandalam Financial Holdings Ltd. | 1.44% | 1.41% | -0.03% |
| Tata Consumer Products Ltd. | 1.02% | 0.99% | -0.03% |
| 3M India Ltd. | 1.13% | 1.10% | -0.03% |
| Coal India Ltd. | 1.89% | 1.86% | -0.03% |
| Reliance Industries Ltd. | 2.98% | 2.95% | -0.03% |
| Angel One Ltd. | 0.99% | 0.97% | -0.02% |
| Carborundum Universal Ltd. | 0.43% | 0.45% | +0.02% |
| Eternal Ltd. | 2.43% | 2.45% | +0.02% |
| Hindustan Aeronautics Ltd. | 0.61% | 0.63% | +0.02% |
| Tata Consultancy Services Ltd. | 0.63% | 0.65% | +0.02% |
| Automotive Axles Ltd. | 0.69% | 0.67% | -0.02% |
| Avenue Supermarts Ltd. | 1.50% | 1.51% | +0.01% |
| Interglobe Aviation Ltd. | 0.35% | 0.36% | +0.01% |
| Siemens Energy India Ltd. | 0.50% | 0.51% | +0.01% |
| The Indian Hotels Company Ltd. | 1.53% | 1.54% | +0.01% |
| Timken India Ltd. | 0.73% | 0.74% | +0.01% |
| United Spirits Ltd. | 1.63% | 1.62% | -0.01% |
| Others | 0.01% | 0.00% | -0.01% |
| Indus Towers Ltd. | 1.00% | 1.00% | 0.00% |
| Varun Beverages Ltd. | 1.66% | 1.66% | 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 aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Ritesh RathodMr. Rathod has done CFA, FRM and MBA in FinancePrior to joining Nippon India Mutual Fund, he has worked with Alchemy Capital and Mutual Fund
- Rupesh PatelMr. 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.
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 months7.08% absolute | ₹60,000 | ₹64,248 | 7.08% | |
| 1 year0.99% annualised | ₹1,20,000 | ₹1,20,645 | 0.54% | |
| 3 years11.51% annualised | ₹3,60,000 | ₹4,31,651 | 19.90% | |
| 5 years10.61% annualised | ₹6,00,000 | ₹7,93,941 | 32.32% |
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 Nippon India ELSS Tax Saver Fund?
The NAV of Nippon India ELSS Tax Saver Fund is ₹128.11 as on 25 Sep 2026.
What is the expense ratio of Nippon India ELSS Tax Saver Fund?
The expense ratio of Nippon India ELSS Tax Saver Fund is 1.78% per year.
What is the minimum SIP amount for Nippon India ELSS Tax Saver Fund?
You can start a SIP in Nippon India ELSS Tax Saver Fund with ₹3,000 a month.
What returns has Nippon India ELSS Tax Saver Fund given?
Nippon India ELSS Tax Saver Fund has returned -1.3% over 1 year, 4.4% over 3 years and 10.4% over 5 years (annualised).
Is there a lock-in or exit load on Nippon India ELSS Tax Saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is Nippon India ELSS Tax Saver Fund?
Nippon India ELSS Tax Saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages Nippon India ELSS Tax Saver Fund?
Nippon India ELSS Tax Saver Fund is managed by Nippon India Mutual Fund, which runs 75 schemes with ₹7,67,506 Cr under management.