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InvestVerdict

Nippon India ELSS Tax Saver Fund

Regular Plan · Growth Option · ELSS (Tax Saving) · Scheme code 103196

NAV₹123.5478as on 27 Oct 2026
Fund houseNippon India Mutual Fund
CategoryELSS (Tax Saving)
Plan & optionRegular · Growth Option
History20.4 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme -0.441.560.77 3.9313.0312.32 15.5710.2911.72
Nifty 500
benchmark		 0.874.312.15 5.2012.4911.41 ——15.49
ELSS (Tax Saving)
category median		 ——— -6.1210.378.73 —11.55—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 15.0% 0.44 0.67 0.97 0.67% -60.0% 96.48
Nifty 500
benchmark		 15.2%0.39 0.58—— -37.3%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 36 months this scheme and its benchmark share.

Growth of ₹100 since launch

-103467021,0572008201020122014201620182020202220242026InvestVerdict

Drawdown from peak (%)

0%-22%-44%-67%2008201020122014201620182020202220242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
4,778 -53.6% 9.2% 115.4% 28%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
100% 97% 0.98 2.9% 0.17 6.58

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 36 months this scheme and Nifty 500 share.

InvestVerdict

Nippon India ELSS Tax Saver Fund

Regular Plan · Growth Option

Allocation

By asset

Equity99.14%
Cash & Equivalents0.77%
Debt0.09%

By market cap

Large Cap63.81%
Mid Cap19.69%
Small Cap15.14%

Concentration

Number of stocks62
Top 5 stocks25.71%
Top 10 stocks39.68%
Top 20 stocks59.80%
Lines in the filing65
Largest holding7.89%
Largest sectorBanks 24.38%
Effective stocks36.4
Sectors held28
Cash0.77%

Effective stocks is what the concentration works out to: a fund holding 62 names but most of its money in a few behaves like a fund of 36. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Banks — 24.4%Finance — 7.9%Beverages — 6.7%Power — 6.5%Pharmaceuticals & Biotechnology — 6.1%Retailing — 5.7%Auto Components — 4.3%Telecom - Services — 3.9%Insurance — 3.6%Other — 31.0%Banks24.4%Finance7.9%Beverages6.7%Power6.5%Pharmaceuticals & Biotech…6.1%Retailing5.7%Auto Components4.3%Telecom - Services3.9%Insurance3.6%Other31.0%
Banks24.38%
Finance7.91%
Beverages6.70%
Power6.45%
Pharmaceuticals & Biotechnology6.09%
Retailing5.70%
Auto Components4.33%
Telecom - Services3.86%
Insurance3.60%
Industrial Products2.91%
IT - Software2.87%
Consumer Durables2.87%
Petroleum Products2.78%
Capital Markets2.06%
Consumable Fuels2.05%
Electrical Equipment1.95%
Healthcare Services1.75%
Chemicals & Petrochemicals1.69%
Automobiles1.67%
Leisure Services1.59%
InvestVerdict

Nippon India ELSS Tax Saver Fund

Regular Plan · Growth Option · holdings

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 HDFC Bank Limited Banks 15,700,000 1,113 7.89%
2 ICICI Bank Limited Banks 7,500,000 991 7.03%
3 Axis Bank Limited Banks 4,700,000 576 4.09%
4 Samvardhana Motherson International Limited Auto Components 29,000,000 473 3.36%
5 State Bank of India Banks 4,900,000 470 3.34%
6 NTPC Limited Power 14,000,000 452 3.21%
7 Bharti Airtel Limited Telecom - Services 2,290,000 402 2.85%
8 Reliance Industries Limited Petroleum Products 3,300,000 392 2.78%
9 Radico Khaitan Limited Beverages 850,000 371 2.63%
10 Eternal Limited Retailing 11,000,000 352 2.50%
11 Divi's Laboratories Limited Pharmaceuticals & Biotechnology 370,000 344 2.44%
12 Infosys Limited IT - Software 3,246,963 323 2.29%
13 TVS Holdings Limited Finance 265,600 322 2.28%
14 Power Finance Corporation Limited Finance 9,111,111 297 2.10%
15 Gland Pharma Limited Pharmaceuticals & Biotechnology 1,000,000 290 2.06%
16 Coal India Limited Consumable Fuels 6,800,000 289 2.05%
17 Varun Beverages Limited Beverages 6,100,000 264 1.87%
18 Healthcare Global Enterprises Limited Healthcare Services 3,705,882 247 1.75%
19 Mahindra & Mahindra Limited Automobiles 800,000 236 1.67%
20 KSB Limited Industrial Products 2,649,618 227 1.61%
21 The Indian Hotels Company Limited Leisure Services 3,078,843 224 1.59%
22 Mankind Pharma Limited Pharmaceuticals & Biotechnology 895,593 224 1.59%
23 United Spirits Limited Beverages 1,600,000 217 1.54%
24 Avenue Supermarts Limited Retailing 570,000 217 1.54%
25 ICICI Lombard General Insurance Company Limited Insurance 1,300,000 207 1.47%
26 Kotak Mahindra Bank Limited Banks 4,800,000 200 1.42%
27 GE Vernova T&D India Limited Electrical Equipment 477,000 200 1.42%
28 Cholamandalam Financial Holdings Limited Finance 1,400,000 194 1.38%
29 NLC India Limited Power 7,444,108 195 1.38%
30 Tata Power Company Limited Power 5,300,000 190 1.35%
InvestVerdict

Nippon India ELSS Tax Saver Fund

Regular Plan · Growth Option · where the money sits

What the manager did last month

Between the filings of 30 Jun 2026 and 31 Jul 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹196 cr ₹320 cr 1 1 +1.32%
StockShares tradedShares PriceValue
₹ cr
New position
Trent Limited 260,000 entered — 78.2
Added to
Mahindra & Mahindra Limited 250,000 +45.5% +10.7% 85.0
Varun Beverages Limited 1,100,000 +24.4% -12.9% 48.7
Indus Towers Limited 962,000 +33.9% -0.2% 37.6
GE Vernova T&D India Limited 47,000 +10.9% -12.6% 20.3
NTPC Green Energy Limited 502,908 +10.9% -5.7% 4.5
Cyient Limited 4,296 +0.3% -2.8% 0.4
Trimmed
Larsen & Toubro Limited 450,000 -90.0% -4.9% 177
InterGlobe Aviation Limited 100,000 -50.0% -3.7% 51.7
Havells India Limited 360,000 -37.5% +8.8% 45.4
Radico Khaitan Limited 50,298 -5.6% +10.0% 21.8
Eternal Limited 500,000 -4.0% +14.3% 15.1
Wheels India Limited 58,883 -10.9% -21.1% 8.3
Sold out of
Sai Life Sciences Limited 153,973 exited — 19.0
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

A ₹10,000 monthly SIP over five years

InvestedValueGainXIRR
₹600,000 ₹801,248 ₹201,248 11.53%

XIRR, not CAGR — a SIP's money arrives over sixty months, so each instalment has been invested for a different length of time.

Not investment advice. InvestVerdict is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 29 Oct 2026.