Nj Elss Tax Saver Scheme Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 29-10-2024
NAV ₹14.8(R) +0.41% ₹15.18(D) +0.46%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 36.53% -% -% -% -%
LumpSum (D) 39.14% -% -% -% -%
SIP (R) 16.63% -% -% -% -%
SIP (D) 18.96% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
JM ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Franklin India ELSS Tax Saver Fund 7

NAV Date: 29-10-2024

Scheme Name NAV Rupee Change Percent Change
NJ ELSS Tax Saver Scheme Regular Growth 14.8
0.0600
0.4100%
NJ ELSS Tax Saver Scheme Regular IDCW 14.8
0.0600
0.4100%
NJ ELSS Tax Saver Scheme Direct Growth 15.18
0.0700
0.4600%
NJ ELSS Tax Saver Scheme Direct IDCW 15.18
0.0700
0.4600%

Review Date: 29-10-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed four return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Four return parameters of the fund are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For NJ Elss Tax Saver Scheme, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: NJ Elss Tax Saver Scheme does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: NJ Elss Tax Saver Scheme does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: NJ Elss Tax Saver Scheme does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For NJ Elss Tax Saver Scheme, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -8.25
-5.10
-8.25 | -1.34 40 | 40 Poor
3M Return % -5.19
-1.35
-6.31 | 5.77 36 | 40 Poor
6M Return % 10.20
10.63
1.79 | 19.88 21 | 40 Average
1Y Return % 36.53
37.97
21.07 | 63.94 22 | 40 Average
1Y SIP Return % 16.63
23.66
7.43 | 48.63 32 | 40 Poor
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -8.06 -5.04 -8.06 | -1.27 41 | 41
3M Return % -4.71 -1.11 -6.06 | 6.09 37 | 41
6M Return % 11.29 11.22 2.32 | 20.59 19 | 41
1Y Return % 39.14 39.52 22.72 | 65.90 19 | 40
1Y SIP Return % 18.96 25.07 8.86 | 50.44 32 | 40
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.41 ₹ 10,041.00 0.46 ₹ 10,046.00
1W -0.74 ₹ 9,926.00 -0.65 ₹ 9,935.00
1M -8.25 ₹ 9,175.00 -8.06 ₹ 9,194.00
3M -5.19 ₹ 9,481.00 -4.71 ₹ 9,529.00
6M 10.20 ₹ 11,020.00 11.29 ₹ 11,129.00
1Y 36.53 ₹ 13,653.00 39.14 ₹ 13,914.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 16.63 ₹ 13,054.81 18.96 ₹ 13,199.23
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Nj Elss Tax Saver Scheme NAV Regular Growth Nj Elss Tax Saver Scheme NAV Direct Growth
29-10-2024 14.8 15.18
28-10-2024 14.74 15.11
25-10-2024 14.75 15.11
24-10-2024 14.86 15.23
23-10-2024 15.0 15.37
22-10-2024 14.91 15.28
21-10-2024 15.19 15.56
18-10-2024 15.45 15.83
17-10-2024 15.45 15.83
16-10-2024 15.73 16.11
15-10-2024 15.77 16.16
14-10-2024 15.73 16.11
11-10-2024 15.79 16.17
10-10-2024 15.71 16.09
09-10-2024 15.79 16.17
08-10-2024 15.67 16.04
07-10-2024 15.44 15.81
04-10-2024 15.7 16.07
03-10-2024 15.86 16.24
01-10-2024 16.21 16.6
30-09-2024 16.13 16.51

Fund Launch Date: 16/Jun/2023
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: The investment objective of the scheme is to generate income and long term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Fund Benchmark: Nifty 500 Total Return Index
Source: Fund FactSheet

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