Nippon India ELSS Tax Saver Fund
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
Growthvine rating: 4/5 — ranked #6 of 39 in category.
Fund basics
| Category | Equity: ELSS |
|---|
| NAV | ₹132.88 (as of 2026-11-06) |
|---|
| AUM | ₹14,096 Cr |
|---|
| Expense ratio | 1.46% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Rupesh Patel |
|---|
| Exit load | 0 |
|---|
Performance & risk
| 5-year annualised return | 9.76% |
|---|
| Sharpe ratio | 0.36 |
|---|
| Standard deviation | 15.22% |
|---|
| Max drawdown | −60.01% |
|---|
| Alpha | 1.32 |
|---|
| Beta | 0.95 |
|---|
Over 5 years, captured 98.8% of Nifty 500's upside and 90.4% of its downside.
Market cap allocation
| Large cap | 65.0% |
|---|
| Mid cap | 20.0% |
|---|
| Small cap | 15.0% |
|---|
Concentration
| Top 5 holdings | 25.7% |
|---|
| Top 10 holdings | 39.7% |
|---|
| Total holdings | 61 |
|---|
| Index overlap | 38.5% |
|---|
| Active share | 61.5% |
|---|
Top holdings
- HDFC Bank Ltd. — 7.9%
- ICICI Bank Ltd. — 7.0%
- AXIS Bank Ltd. — 4.1%
- Samvardhana Motherson International Limited — 3.4%
- State Bank Of India — 3.3%
- NTPC Limited — 3.2%
- Bharti Airtel Ltd. — 2.8%
- Reliance Industries Ltd — 2.8%
- Radico Khaitan Ltd. — 2.6%
- Eternal Limited — 2.5%
Top sectors
- Banking & Financial — 26.4%
- Energy — 8.4%
- Finance & Investments — 7.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 1.8% | Q2 | #12 of 39 |
| 2025 | 6.0% | Q2 | #14 of 38 |
| 2024 | 17.6% | Q3 | #21 of 38 |
| 2023 | 28.6% | Q2 | #15 of 35 |
| 2022 | 6.9% | Q1 (Top) | #6 of 30 |