EQUITY•ELSS
Nippon India ELSS Tax Saver Fund
3 Year return
14.56%
NAV on August 16, 2026
146.554
1D Returns
-0.17%
Launched on January 2013(13 years)
Investment Details
₹500
Minimum SIP Amount
₹500
Minimum one time investment
Lock-in period: 3.0000 years
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
26%₹936
Total Value ₹4,536
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹14,909.88 Cr.
Expense Ratio
1.12% (inclusive of GST)
Exit Load
Nil
Ratings

3.5
Ratings by other agencies
Value Research
1
Crisil
3
Morning Star
1
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Nippon India Mutual Fund Manager
AS
Akshay Sharma
Fund Manager since Dec 2022
AS
Amber Singhania
Fund Manager since Mar 2026
DD
Divya Dutt Sharma
Fund Manager since Sep 2025
KD
Kinjal Desai
Fund Manager since Mar 2026
LM
Lokesh Maru
Fund Manager since Sep 2025
RR
Ritesh Rathod
Fund Manager since Aug 2024
RP
Rupesh Patel
Fund Manager since Jan 2023
Fund House Details
Nippon India Mutual Fund
Asset management company
AUM
₹7,67,506.42 Cr.
No. of Schemes
338
Setup Date
June 1995
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Motilal Oswal ELSS Tax Saver Fund | 23.776% | 2.5 |
| SBI ELSS Tax Saver Fund | 16.4242% | 5 |
| Quant ELSS Tax Saver Fund | 16.9362% | 3.5 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The Nippon India Tax Saver Fund Direct Plan Growth is a tax saver equity fund by Nippon India Mutual Fund. It primarily invests in domestic equities of large-cap, mid-cap and small-cap companies and offers tax-saving benefits for investors. This tax-saver fund comes under the ELSS category, and is an open-ended fund. Hence investors can invest in it at any time. The expense ratio of Nippon India Tax Saver Fund Direct Plan Growth is average.
Investment Objective of the Scheme
Nippon India Tax Saver Fund Direct Plan Growth’s primary objective is to generate long-term capital appreciation by investing in equity securities. Along with capital appreciation, the fund aims to offer tax-saving benefits.
Key Features of The Fund
5-year return
13.6354%
Expense Ratio
1.12%
Fund Manager
Akshay Sharma
Fund Size
₹14909.88 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The Nippon India Tax Saver Fund Direct Plan Growth is a tax-saving equity fund. If you are willing to invest for a minimum of 3 years and save on taxes along with gaining good returns, you can choose this fund. However, take your investment objective and risk profile as well into consideration before making a decision.
AMC Contact Details
| Name | Nippon India Mutual Fund |
| Launch Date | June 1995 |
| Address | 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
What is today's NAV of Nippon India ELSS Tax Saver Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Nippon India ELSS Tax Saver Fund on August 16, 2026, is ₹146.554
What is the AUM of Nippon India ELSS Tax Saver Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Nippon India ELSS Tax Saver Fund, is ₹14909.88 crore.
What is the expense ratio of Nippon India ELSS Tax Saver Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Nippon India ELSS Tax Saver Fund is 1.12%
What are the returns of Nippon India ELSS Tax Saver Fund since inception?
The Nippon India ELSS Tax Saver Fund was launched on January 01, 2013. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Nippon India ELSS Tax Saver Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Nippon India ELSS Tax Saver Fund is ₹500.
How do I invest in Nippon India ELSS Tax Saver Fund?
- 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 ELSS Tax Saver Fund?
- 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 ELSS Tax Saver Fund?
- 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 ELSS Tax Saver Fund?
- 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.
ENTER AMOUNT
₹
₹4,536 in 3Y at 14.5634% returns
SIP Date1st of every month
Your next SIP Payment will be on 16 September 2026
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