3 Year return
19.23%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹16465.39 Cr.
Expense Ratio
1.01% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Nippon India Mutual Fund Managers
RP
Rupesh Patel
Fund Manager since Feb 2015
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
SBI Long Term Equity Fund |
26.3% |
5 |
Quant ELSS Tax Saver Fund |
24.32% |
3.5 |
Bank of India ELSS Tax Saver |
18.94% |
3 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
About the Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout
The Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout is an equity-oriented mutual fund by Nippon India Mutual Fund that aims to generate long-term capital appreciation and provide tax benefits to investors under Section 80C of the Income Tax Act, 1961. The fund invests primarily in large-cap, mid-cap, and small-cap stocks. It has a three-year lock-in period. The Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout is an open-ended fund. This means that the fund can issue and redeem units on a continuous basis. The expense ratio of the Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout is low compared to the category average.
Investment Objectives of the Scheme
The investment objective of the Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout is to generate long-term capital appreciation and provide tax benefits to investors under Section 80C of the Income Tax Act, 1961.
Key Features of The Fund
5-year return | 22.66% |
Expense Ratio | 1.01% |
Fund Manager | Rupesh Patel |
Fund Size | ₹16465.39 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout is suitable for investors who are looking to invest for at least three years and want to get the benefits of tax savings under Section 80C of the Income Tax Act, 1961. The fund is also suitable for investors who want to invest in a diversified portfolio of equity stocks. If you are looking for an ELSS fund that offers tax benefits, good returns, and low fees, then the Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout can be a good option to consider. However, talk to your financial advisor and do your own research before making a decision.
AMC Contact Details
Name | Nippon India Mutual Fund |
Launch Date | June 1995 |
Addresss | Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013 |
Contact | 1860 266 0111 |
customercare@nipponindiaim.in | |
Website | https://mf.nipponindiaim.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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How do I invest in Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Nippon India Tax Saver (ELSS) Fund Direct Plan Annual IDCW Payout?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.