Previously Known As : Nippon India Tax Saver (Elss) Fund
Nippon India Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 14
Rating
Growth Option 11-04-2025
NAV ₹115.38(R) +1.99% ₹126.41(D) +1.99%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.7% 13.47% 24.97% 9.63% 8.7%
Direct 2.39% 14.26% 25.84% 10.43% 9.52%
Nifty 500 TRI 0.18% 11.74% 24.27% 13.48% 12.27%
SIP (XIRR) Regular -23.53% 12.29% 17.04% 15.03% 11.97%
Direct -23.04% 13.09% 17.89% 15.84% 12.75%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.5 0.27 0.51 0.89% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.07% -17.22% -18.85% 1.0 10.49%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Parag Parikh ELSS Tax Saver Fund 3
DSP ELSS Tax Saver Fund 4
Quantum ELSS Tax Saver Fund 5
Taurus ELSS tax saver fund 6
Franklin India ELSS Tax Saver Fund 7
Motilal Oswal ELSS Tax Saver Fund 8

NAV Date: 11-04-2025

Scheme Name NAV Rupee Change Percent Change
NIPPON INDIA TAX SAVER (ELSS) FUND - ANNUAL IDCW Option 19.43
0.3800
1.9900%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - ANNUAL IDCW Option 21.07
0.4100
1.9900%
NIPPON INDIA TAX SAVER (ELSS) FUND - IDCW Option 31.96
0.6200
1.9900%
NIPPON INDIA TAX SAVER (ELSS) FUND - DIRECT Plan - IDCW Option 42.65
0.8300
1.9900%
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 115.38
2.2500
1.9900%
Nippon India Tax Saver Fund - Direct Plan Growth Plan - Growth Option 126.41
2.4700
1.9900%

Review Date: 11-04-2025

Beginning of Analysis

Nippon India ELSS Tax Saver Fund is the 14th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The Nippon India ELSS Tax Saver Fund has shown a very good past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 0.89% which is lower than the category average of 0.91%, showing poor performance. The fund has a Sharpe Ratio of 0.5 which is higher than the category average of 0.47.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Nippon India ELSS Tax Saver Fund Return Analysis

  • The fund has given a return of 3.54%, -0.27 and -11.27 in last one, three and six months respectively. In the same period the category average return was 2.1%, -3.64% and -12.17% respectively.
  • Nippon India ELSS Tax Saver Fund has given a return of 2.39% in last one year. In the same period the Nifty 500 TRI return was 0.18%. The fund has given 2.21% more return than the benchmark return.
  • The fund has given a return of 14.26% in last three years and rank 13th out of 35 funds in the category. In the same period the Nifty 500 TRI return was 11.74%. The fund has given 2.52% more return than the benchmark return.
  • Nippon India ELSS Tax Saver Fund has given a return of 25.84% in last five years and category average returns is 24.64% in same period. The fund ranked 12th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 24.27%. The fund has given 1.57% more return than the benchmark return.
  • The fund has given a return of 9.52% in last ten years and ranked 25th out of 25 funds in the category. In the same period the Nifty 500 TRI return was 12.27%. The fund has given 2.75% less return than the benchmark return.
  • The fund has given a SIP return of -23.04% in last one year whereas category average SIP return is -24.05%. The fund one year return rank in the category is 18th in 40 funds
  • The fund has SIP return of 13.09% in last three years and ranks 13th in 35 funds. Sbi Long Term Equity Fund has given the highest SIP return (19.83%) in the category in last three years.
  • The fund has SIP return of 17.89% in last five years whereas category average SIP return is 16.38%.

Nippon India ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 15.07 and semi deviation of 10.49. The category average standard deviation is 14.55 and semi deviation is 10.36.
  • The fund has a Value at Risk (VaR) of -17.22 and a maximum drawdown of -18.85. The category average VaR is -18.5 and the maximum drawdown is -17.44.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category


    • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Nippon India Elss Tax Saver Fund NAV Regular Growth Nippon India Elss Tax Saver Fund NAV Direct Growth
    11-04-2025 115.3813 126.409
    09-04-2025 113.135 123.9434
    08-04-2025 113.9207 124.8019
    07-04-2025 111.828 122.5069
    04-04-2025 115.6403 126.6762
    03-04-2025 117.9417 129.1948
    02-04-2025 117.9812 129.2357
    01-04-2025 116.7502 127.8847
    28-03-2025 118.24 129.5071
    27-03-2025 118.1179 129.371
    26-03-2025 117.2604 128.4294
    25-03-2025 118.5694 129.8607
    24-03-2025 119.0379 130.3714
    21-03-2025 117.393 128.5628
    20-03-2025 115.8558 126.8771
    19-03-2025 114.9755 125.9107
    18-03-2025 113.7165 124.5298
    17-03-2025 111.4391 122.0335
    13-03-2025 110.9293 121.4663
    12-03-2025 111.3883 121.9667
    11-03-2025 111.4993 122.086

    Fund Launch Date: 25/Jul/2005
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: Seeks to maintain balance between large capcompanies and mid cap companies. Endeavors toinvest in potential leaders. Invest in companies withpotential of high growth prospects over medium term(2-3 years). Generally, the fund has two or three sectorcalls at a time. They are mostly in-line of emergingmarket trends. Small percentage of portfolio is investedin contrarian calls.Significant percent of outstanding equity of the schemeis invested in high conviction mid-cap companies.Significant allocation/exposure is taken in MultinationalCompanies (MNC ™s). Attempt to have a balancedportfolio on a macro basis, allocating to themes likeDomestic, Consumption & Defensive.
    Fund Description: An open ended equity linked saving scheme with astatutory lock in of 3 years and tax benefit.
    Fund Benchmark: S&P BSE 100 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.