NIPPON INDIA ELSS TAX SAVER FUND - Annual IDCW Option

NIPPON INDIA ELSS TAX SAVER FUND - Annual IDCW Option is a scheme launched by Nippon Mutual Fund on February 10, 2015, and falls under the ELSS fund category. It currently manages an AUM of Rs 14,934.46 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 - Annual IDCW Option trailing returns over different times are -9.23% (1 year), 11.02% (3 year) and 19.43% (5 year). The average annual return of this fund stands at -2.77%.