MF
MFGenie.ai
ELSS Tax Saverregulargrowth

Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option

Nippon India Mutual Fund

₹126.2848

1.81 (+1.45%)

NAV as of 10 Apr 2026

Returns (Lumpsum)

CAGR for periods ≥ 1 year
1 Week-2.53%
1 Month-9.99%
3 Months-9.92%
6 Months-8.09%
1 Year-1.22%
3 Years (CAGR)+14.79%
5 Years (CAGR)+13.02%
10 Years (CAGR)+10.52%
Since Inception (Apr 2006)+11.35%

SIP Returns (XIRR)

₹1,000/month SIP, annualised
1 Year SIP-11.74%
3 Year SIP+3.87%
5 Year SIP+9.25%
Since Inception (Apr 2006)+12.29%

Fund Details

Fund HouseNippon India Mutual Fund
CategoryELSS Tax Saver
Plan Typeregular
Optiongrowth
AUM₹14,959 Cr
Expense Ratio1.71%
Min SIP₹500
Min Lumpsum₹1,000
Launch Date03 Apr 2006
AMFI Code103196

Risk Metrics

Sharpe Ratio

Alpha

Beta

Sortino

Std Dev

Max Drawdown

Performance Comparison

Performance Comparison

Interested in This Fund?

Our experts will help you decide if this fund fits your goals.

+91

By submitting, you agree to our Privacy Policy. No spam, ever.

Investment Objective

Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option is a tax-saving equity fund (ELSS) that offers tax deduction under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. The fund aims to generate long-term capital appreciation while providing tax benefits of up to ₹46,800 per year.

About This Fund

Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option is a ELSS Tax Saver mutual fund offered by Nippon India Mutual Fund. The fund has been operational for over 20 years. It manages assets worth ₹14,959 Cr, reflecting investor confidence in the fund's strategy. The current expense ratio is 1.71%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • Salaried individuals and taxpayers seeking to save tax under Section 80C
  • SIP investors who can benefit from rupee cost averaging during market fluctuations