Returns (Lumpsum)
CAGR for periods ≥ 1 year1 Week-1.73%
1 Month-8.17%
3 Months-10.22%
6 Months-11.49%
1 Year-6.31%
3 Years (CAGR)—
5 Years (CAGR)—
10 Years (CAGR)—
Since Inception (Jun 2023)+8.21%
SIP Returns (XIRR)
₹1,000/month SIP, annualised1 Year SIP-16.70%
3 Year SIP—
5 Year SIP—
Since Inception (Jun 2023)-4.01%
Fund Details
Fund HouseNJ Mutual Fund
CategoryELSS Tax Saver
Plan Typeregular
Optiongrowth
AUM₹309 Cr
Expense Ratio2.34%
Min SIP₹500
Min Lumpsum₹1,000
Launch Date19 Jun 2023
AMFI Code151609
Risk Metrics
—
Sharpe Ratio
—
Alpha
—
Beta
—
Sortino
—
Std Dev
—
Max Drawdown
Performance Comparison
Performance Comparison
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Investment Objective
NJ ELSS Tax Saver Scheme Regular Growth 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
NJ ELSS Tax Saver Scheme Regular Growth is a ELSS Tax Saver mutual fund offered by NJ Mutual Fund. The fund has been operational for over 2 years. It manages assets worth ₹309 Cr, reflecting investor confidence in the fund's strategy. The current expense ratio is 2.34%.
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