Nippon India ELSS Tax Saver Fund
ELSSVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹134.22+1.01%1 day
- Return since launch
- 13.0%
- 52-week range
- ₹116.79 — ₹133.91
- AUM
- ₹14,096 Cr
Nippon India ELSS Tax Saver Fund is a ELSS equity fund from Nippon India Mutual Fund with ₹14,096 Cr under management, launched in 2005. Over three years it has returned 6.5% a year, against 11.4% for its category. The expense ratio is 1.79% 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 +2.6% against +0.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.8% | +7.2 pts | 0.6% | 6.0% |
| 2Y | 6.2% | +1.9 pts | 4.3% | 3.9% |
| 3Y | 6.5% | −4.9 pts | 11.4% | 4.6% |
| 5Y | 11.5% | +1.7 pts | 9.8% | 9.3% |
| 7Y | 14.5% | +1.2 pts | 13.3% | 12.1% |
| 10Y | 12.3% | −0.7 pts | 12.9% | 11.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 7.6% | +0.9 pts | 6.7% | 7.5% |
| 3M | 1.0% | +1.4 pts | -0.5% | -0.5% |
| 6M | 4.2% | −0.5 pts | 4.6% | 4.7% |
| 1Y | 2.6% | +2.0 pts | 0.6% | 0.3% |
| 2Y | 3.3% | +1.5 pts | 1.9% | 1.4% |
| 3Y | 13.1% | +1.6 pts | 11.4% | 10.7% |
| 5Y | 10.8% | +1.0 pts | 9.8% | 8.8% |
| 7Y | 13.8% | −0.8 pts | 14.6% | 12.7% |
| 10Y | 10.2% | −2.7 pts | 12.9% | 11.5% |
Since launch (25 Jul 2005): 13.0%
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
1.79%
Expense ratio as on 31 Oct 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.46%
- Brokerage
- 0.03%
- Transaction charges
- 0.00%
- Statutory levies
- 0.30%
- 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 | 1.31 | 4.34 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 0.95 | 1.03 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.41 | 0.55 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.59 | 0.76 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 15.11 | 17.53 | 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 30 Sep 2026
Asset allocation
- Equity99.1%
- Debt0.1%
- Other0.8%
Market cap split
- Large65.0%
- Mid20.0%
- Small15.0%
- P/E
- 19.23
- P/B
- 2.75
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 7.89% | ₹1,113 Cr | +6.54% | +6.65% | +7.07% |
| ICICI Bank Ltd. | Financial | 7.03% | ₹991 Cr | +7.39% | +7.46% | +7.70% |
| Axis Bank Ltd. | Financial | 4.09% | ₹576 Cr | +4.25% | +4.24% | +4.21% |
| Samvardhana Motherson International Ltd. | Automobile | 3.36% | ₹473 Cr | +3.48% | +3.00% | +2.69% |
| State Bank of India | Financial | 3.34% | ₹470 Cr | +3.38% | +3.58% | +3.24% |
| NTPC Ltd. | Energy | 3.21% | ₹452 Cr | +3.36% | +3.87% | +3.16% |
| Bharti Airtel Ltd. | Communication | 2.85% | ₹402 Cr | +2.85% | +3.04% | — |
| Reliance Industries Ltd. | Energy | 2.78% | ₹392 Cr | +2.96% | +3.65% | +2.73% |
| Radico Khaitan Ltd. | Consumer Staples | 2.63% | ₹371 Cr | +2.39% | +2.17% | +2.13% |
| Eternal Ltd. | Services | 2.50% | ₹352 Cr | +2.22% | +1.83% | +2.31% |
| Divi's Laboratories Ltd. | Healthcare | 2.44% | ₹344 Cr | +1.64% | +1.64% | +1.13% |
| TVS Holdings Ltd. | Automobile | 2.37% | ₹334 Cr | +4.88% | +5.90% | +4.90% |
| Infosys Ltd. | Technology | 2.29% | ₹323 Cr | +2.55% | +3.54% | +3.93% |
| Power Finance Corporation Ltd. | Financial | 2.10% | ₹297 Cr | +2.60% | +2.58% | +2.48% |
| Gland Pharma Ltd. | Healthcare | 2.06% | ₹290 Cr | +1.84% | +1.39% | +1.45% |
| Coal India Ltd. | Materials | 2.05% | ₹289 Cr | +2.01% | +2.28% | +1.76% |
| Varun Beverages Ltd. | Consumer Staples | 1.87% | ₹264 Cr | +1.53% | +1.29% | +1.25% |
| Healthcare Global Enterprises Ltd. | Healthcare | 1.75% | ₹247 Cr | +1.56% | +1.45% | +1.50% |
| Mahindra & Mahindra Ltd. | Automobile | 1.67% | ₹236 Cr | +1.13% | — | — |
| KSB Ltd. | Capital Goods | 1.61% | ₹227 Cr | +1.71% | +1.57% | +1.45% |
| Mankind Pharma Ltd. | Healthcare | 1.59% | ₹224 Cr | +1.09% | +0.79% | +0.86% |
| The Indian Hotels Company Ltd. | Services | 1.59% | ₹224 Cr | +1.48% | +1.31% | +1.47% |
| Avenue Supermarts Ltd. | Services | 1.54% | ₹217 Cr | +1.68% | +1.68% | +1.69% |
| United Spirits Ltd. | Consumer Staples | 1.54% | ₹217 Cr | +1.45% | +1.45% | +1.41% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | 1.47% | ₹207 Cr | +1.52% | +1.66% | +1.88% |
| GE Vernova T&D India Ltd | Capital Goods | 1.42% | ₹200 Cr | +1.43% | +1.56% | +1.17% |
| Kotak Mahindra Bank Ltd. | Financial | 1.42% | ₹200 Cr | — | — | — |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.38% | ₹194 Cr | +1.56% | +1.42% | +1.85% |
| NLC India Ltd. | Energy | 1.38% | ₹195 Cr | +1.61% | +1.49% | +1.41% |
| Tata Power Company Ltd. | Energy | 1.35% | ₹190 Cr | +1.37% | +1.50% | +1.37% |
| REC Ltd. | Financial | 1.32% | ₹185 Cr | +1.52% | +1.41% | +1.54% |
| Max Financial Services Ltd. | Financial | 1.17% | ₹165 Cr | +1.28% | +1.55% | +1.99% |
| Cyient Ltd. | Technology | 1.15% | ₹162 Cr | +0.86% | +0.82% | — |
| 3M India Ltd. | Consumer Staples | 1.11% | ₹156 Cr | +1.07% | +1.09% | +0.95% |
| BSE Ltd. | Services | 1.10% | ₹155 Cr | +1.30% | +1.00% | +0.79% |
| Linde India Ltd. | Chemicals | 1.04% | ₹147 Cr | +1.19% | +1.39% | +1.13% |
| Titan Company Ltd. | Consumer Discretionary | 1.04% | ₹147 Cr | +0.95% | +0.53% | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.02% | ₹144 Cr | +0.97% | — | — |
| Indus Towers Ltd. | Communication | 1.01% | ₹142 Cr | +0.75% | +0.88% | +0.65% |
| Angel One Ltd. | Financial | 0.96% | ₹136 Cr | +1.10% | +0.84% | +0.70% |
| SBI Life Insurance Company Ltd. | Insurance | 0.96% | ₹136 Cr | +0.95% | +1.06% | +1.31% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.94% | ₹133 Cr | +1.01% | +1.06% | +1.05% |
| Trent Ltd. | Services | 0.84% | ₹118 Cr | — | — | — |
| JIO Financial Services Ltd. | Financial | 0.83% | ₹117 Cr | +0.86% | +0.90% | +1.05% |
| Info Edge (India) Ltd. | Services | 0.82% | ₹115 Cr | +0.62% | +0.50% | +0.26% |
| Others | Others | 0.77% | ₹108 Cr | +0.03% | +0.01% | +0.01% |
| Timken India Ltd. | Capital Goods | 0.77% | ₹109 Cr | +0.81% | +0.83% | +0.69% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.74% | ₹104 Cr | +0.92% | +0.83% | +0.97% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.73% | ₹103 Cr | +0.63% | +0.36% | — |
| Ambuja Cements Ltd. | Materials | 0.72% | ₹101 Cr | +0.77% | +0.81% | +1.02% |
| Automotive Axles Ltd. | Automobile | 0.69% | ₹97.54 Cr | +0.68% | +0.66% | +0.66% |
| United Breweries Ltd. | Consumer Staples | 0.66% | ₹92.65 Cr | +0.72% | +0.92% | +0.96% |
| Tatva Chintan Pharma Chem Ltd. | Chemicals | 0.65% | ₹92.19 Cr | +0.41% | +0.42% | +0.38% |
| Hindustan Aeronautics Ltd. | Capital Goods | 0.64% | ₹90.72 Cr | +0.57% | — | — |
| Union Bank of India | Financial | 0.61% | ₹85.50 Cr | +0.58% | +0.61% | +0.82% |
| Tata Consultancy Services Ltd. | Technology | 0.58% | ₹82.02 Cr | +0.55% | — | — |
| Carborundum Universal Ltd. | Metals & Mining | 0.53% | ₹75.15 Cr | +0.48% | +0.35% | +0.37% |
| Siemens Energy India Ltd. | Energy | 0.53% | ₹74.20 Cr | +0.57% | +0.84% | +0.73% |
| NTPC Green Energy Ltd. | Energy | 0.51% | ₹71.51 Cr | +0.30% | +0.32% | +0.30% |
| Blue Star Ltd. | Consumer Discretionary | 0.36% | ₹50.89 Cr | +0.37% | +0.40% | +0.42% |
| Interglobe Aviation Ltd. | Services | 0.35% | ₹49.84 Cr | +0.72% | +1.36% | +1.86% |
| Wheels India Ltd. | Automobile | 0.28% | ₹39.81 Cr | +0.65% | +0.77% | +0.72% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 6.60% | 7.89% | +1.29% |
| Infosys Ltd. | 2.93% | 2.29% | -0.64% |
| ICICI Bank Ltd. | 7.41% | 7.03% | -0.38% |
| Kotak Mahindra Bank Ltd. | 1.14% | 1.42% | +0.28% |
| Wheels India Ltd. | 0.50% | 0.28% | -0.22% |
| Varun Beverages Ltd. | 1.66% | 1.87% | +0.21% |
| State Bank of India | 3.53% | 3.34% | -0.19% |
| Coal India Ltd. | 1.86% | 2.05% | +0.19% |
| Reliance Industries Ltd. | 2.95% | 2.78% | -0.17% |
| KSB Ltd. | 1.45% | 1.61% | +0.16% |
| Adani Ports and Special Economic Zone Ltd. | 0.87% | 1.02% | +0.15% |
| Mankind Pharma Ltd. | 1.47% | 1.59% | +0.12% |
| Samvardhana Motherson International Ltd. | 3.48% | 3.36% | -0.12% |
| TVS Holdings Ltd. | 2.39% | 2.28% | -0.11% |
| Mahindra & Mahindra Ltd. | 1.78% | 1.67% | -0.11% |
| Max Financial Services Ltd. | 1.28% | 1.17% | -0.11% |
| Gland Pharma Ltd. | 2.16% | 2.06% | -0.10% |
| Healthcare Global Enterprises Ltd. | 1.85% | 1.75% | -0.10% |
| NTPC Ltd. | 3.11% | 3.21% | +0.10% |
| Tata Power Company Ltd. | 1.25% | 1.35% | +0.10% |
| ICICI Lombard General Insurance Company Ltd. | 1.38% | 1.47% | +0.09% |
| Tatva Chintan Pharma Chem Ltd. | 0.57% | 0.65% | +0.08% |
| United Spirits Ltd. | 1.62% | 1.54% | -0.08% |
| Carborundum Universal Ltd. | 0.45% | 0.53% | +0.08% |
| Tata Consultancy Services Ltd. | 0.65% | 0.58% | -0.07% |
| Titan Company Ltd. | 1.11% | 1.04% | -0.07% |
| Axis Bank Ltd. | 4.15% | 4.09% | -0.06% |
| Crompton Greaves Consumer Electricals Ltd. | 0.80% | 0.74% | -0.06% |
| Divi's Laboratories Ltd. | 2.38% | 2.44% | +0.06% |
| JIO Financial Services Ltd. | 0.89% | 0.83% | -0.06% |
| Trent Ltd. | 0.78% | 0.84% | +0.06% |
| Tata Consumer Products Ltd. | 0.99% | 0.94% | -0.05% |
| The Indian Hotels Company Ltd. | 1.54% | 1.59% | +0.05% |
| United Breweries Ltd. | 0.71% | 0.66% | -0.05% |
| Eternal Ltd. | 2.45% | 2.50% | +0.05% |
| LG Electronics India Ltd. | 0.69% | 0.73% | +0.04% |
| NTPC Green Energy Ltd. | 0.47% | 0.51% | +0.04% |
| REC Ltd. | 1.36% | 1.32% | -0.04% |
| Radico Khaitan Ltd. | 2.59% | 2.63% | +0.04% |
| Bharti Airtel Ltd. | 2.82% | 2.85% | +0.03% |
| Avenue Supermarts Ltd. | 1.51% | 1.54% | +0.03% |
| Cholamandalam Financial Holdings Ltd. | 1.41% | 1.38% | -0.03% |
| Cyient Ltd. | 1.18% | 1.15% | -0.03% |
| Linde India Ltd. | 1.01% | 1.04% | +0.03% |
| Timken India Ltd. | 0.74% | 0.77% | +0.03% |
| Union Bank of India | 0.64% | 0.61% | -0.03% |
| Blue Star Ltd. | 0.33% | 0.36% | +0.03% |
| NLC India Ltd. | 1.35% | 1.38% | +0.03% |
| Ambuja Cements Ltd. | 0.74% | 0.72% | -0.02% |
| GE Vernova T&D India Ltd | 1.44% | 1.42% | -0.02% |
| Info Edge (India) Ltd. | 0.84% | 0.82% | -0.02% |
| Power Finance Corporation Ltd. | 2.08% | 2.10% | +0.02% |
| Siemens Energy India Ltd. | 0.51% | 0.53% | +0.02% |
| Automotive Axles Ltd. | 0.67% | 0.69% | +0.02% |
| 3M India Ltd. | 1.10% | 1.11% | +0.01% |
| Angel One Ltd. | 0.97% | 0.96% | -0.01% |
| BSE Ltd. | 1.11% | 1.10% | -0.01% |
| Hindustan Aeronautics Ltd. | 0.63% | 0.64% | +0.01% |
| Indus Towers Ltd. | 1.00% | 1.01% | +0.01% |
| Interglobe Aviation Ltd. | 0.36% | 0.35% | -0.01% |
| SBI Life Insurance Company Ltd. | 0.95% | 0.96% | +0.01% |
| Others | 0.00% | 0.01% | +0.01% |
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% | 8.8% | 8.1% | 13.5% |
 Motilal Oswal ELSS Tax Saver Fund | ₹4,890 Cr | 2.07% | 8.1% | 8.8% | 16.0% |
 HSBC ELSS Tax saver Fund | ₹3,974 Cr | 1.98% | 8.0% | 7.9% | 12.9% |
 Baroda BNP Paribas ELSS Tax Saver Fund | ₹857 Cr | 2.46% | 6.6% | 7.2% | 11.9% |
 WhiteOak Capital ELSS Tax Saver Fund | ₹481 Cr | 2.60% | 10.8% | 8.6% | — |
 JM ELSS - Tax Saver Fund | ₹240 Cr | 2.66% | 10.6% | 7.7% | 13.1% |
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 months4.17% absolute | ₹60,000 | ₹62,502 | 4.17% | |
| 1 year2.61% annualised | ₹1,20,000 | ₹1,21,710 | 1.43% | |
| 3 years13.05% annualised | ₹3,60,000 | ₹4,42,531 | 22.93% | |
| 5 years10.79% annualised | ₹6,00,000 | ₹7,97,863 | 32.98% |
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 ₹134.22 as on 9 Nov 2026.
What is the expense ratio of Nippon India ELSS Tax Saver Fund?
The expense ratio of Nippon India ELSS Tax Saver Fund is 1.79% 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 7.8% over 1 year, 6.5% over 3 years and 11.5% 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 ₹8,03,520 Cr under management.