NIPPON INDIA ELSS TAX SAVER FUND-Growth Plan-Growth Option

NIPPON INDIA ELSS TAX SAVER FUND-Growth Plan-Growth Option is a scheme launched by Nippon Mutual Fund on September 21, 2005, and falls under the ELSS fund category. It currently manages an AUM of Rs 15,338.9 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.69% for managing the portfolio.

• Investing Strategy:

  To generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.

• Performance:

  NIPPON INDIA ELSS TAX SAVER FUND-Growth Plan-Growth Option trailing returns over different times are -1.45% (1 year), 16.77% (3 year) and 23.09% (5 year). The average annual return of this fund stands at 13.61%.