Navi ELSS Tax Saver Fund- Regular Plan- Growth Option
Fund House: Navi Mutual Fund| Category: Equity: ELSS |
| Launch Date: 30-12-2015 |
| Asset Class: Equity |
| Benchmark: S&P BSE 100 TRI |
| Expense Ratio: 2.34% As on (31-07-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 59.2 Cr As on (31-08-2022) |
| Turn over: 72% | Exit Load: Nil |
20.5396
0.1 (0.4976%)
11.25%
S&P BSE 100 TRI 9.31%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments.
Current Asset Allocation (%)
Indicators
| Volatility | - |
| Sharp Ratio | 0.57 |
| Alpha | -5.13 |
| Beta | 0.98 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name |
Inception
Date |
1 Year
Return(%) |
2 Year
Return(%) |
3 Year
Return(%) |
5 Year
Return(%) |
10 Year
Return(%) |
|---|---|---|---|---|---|---|
| Navi ELSS Tax Saver Fund- Regular Plan- Growth Option | 30-12-2015 | 2.1 | 22.69 | 15.08 | 8.5 | - |
| Quant Tax Plan - Growth Option - Regular Plan | 01-04-2000 | 17.42 | 50.76 | 41.64 | 22.35 | 21.83 |
| HDFC Taxsaver - Growth Plan | 05-03-1996 | 11.35 | 32.11 | 18.44 | 9.78 | 13.98 |
| Parag Parikh Tax Saver Fund- Regular Growth | 08-07-2019 | 9.75 | 29.74 | 24.4 | - | - |
| IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth | 26-12-2008 | 8.51 | 38.06 | 25.14 | 13.42 | 17.7 |
| Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth | 02-01-2013 | 8.37 | 31.53 | 21.71 | 11.72 | 16.88 |
| Franklin India Taxshield-Growth | 05-04-1999 | 7.94 | 33.76 | 18.77 | 11.22 | 15.34 |
| PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option | 11-12-2015 | 7.78 | 32.53 | 21.3 | 12.62 | - |
| Tata India Tax Savings Fund-Growth-Regular Plan | 13-10-2014 | 7.28 | 29.29 | 19.12 | 11.61 | - |
| Kotak Tax Saver-Scheme-Growth | 01-11-2005 | 7.08 | 31.83 | 21.65 | 13.14 | 15.55 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
14.16%
Others
6.11%
Large Cap
65.36%
Mid Cap
14.37%
Scheme Documents
There are no scheme documents available
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#
Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **
# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund
