Overview
NJ ELSS Tax Saver Scheme Direct Growth
NJ Mutual Fund
The Scheme seeks to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
Investments in NJ ELSS Tax Saver Scheme Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 14.01
Fund Size (AUM)
₹ 248 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 500
SIP: ₹500
Launch Date
16 June 2023
Expense Ratio
0.54%
Exit Load
Nil
Benchmark
NIFTY 500 Total Return Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
-21.64%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 4.45% | N/A | N/A | N/A |
| Category Average | 8.98% | 15.47% | 24.59% | N/A |
| Rank Within Category | 35 | N/A | N/A | N/A |
Holdings (25)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Muthoot Finance Ltd. | Financial | Equity | 5.69% |
| Coromandel International Ltd. | Chemicals | Equity | 5.36% |
| Abbott India Ltd. | Healthcare | Equity | 4.95% |
| Ipca Laboratories Ltd. | Healthcare | Equity | 4.71% |
| Persistent Systems Ltd. | Technology | Equity | 4.7% |
| Gillette India Ltd. | Consumer Staples | Equity | 4.41% |
| Marico Ltd. | Consumer Staples | Equity | 4.39% |
| HDFC Asset Management Company Ltd. | Financial | Equity | 4.3% |
| Pidilite Industries Ltd. | Chemicals | Equity | 3.99% |
| Petronet LNG Ltd. | Energy | Equity | 3.99% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| SBI Long Term Equity Fund Direct Plan Growth | ₹ 27,730 | 10.73 | 23.93 | 0.95 | N/A |
| Motilal Oswal ELSS Tax Saver Fund Direct Growth | ₹ 3,817 | 12.31 | 23.88 | 0.7 | N/A |
| HDFC ELSS Tax Saver Fund Direct Plan Growth | ₹ 15,556 | 17.21 | 22.66 | 1.11 | N/A |
| Parag Parikh ELSS Tax Saver Fund Direct Growth | ₹ 4,906 | 16.5 | 18.89 | 0.63 | N/A |
| Quantum ELSS Tax Saver Fund Direct Growth | ₹ 209 | 13.07 | 18.26 | 0.89 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 500
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Not Available
AMC Details
Asset Management Company
NJ Mutual Fund
None NJ Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
20 April 2021
Total AUM
₹ 6,470 Cr
Address
Unit No. 101A, 1st Floor,Hallmark Business Plaza,Bandra (East), Mumbai 400051
Phone
None
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
NJ ELSS Tax Saver Scheme Direct Growth
NJ Mutual Fund
You May Be Interested In
Aditya Birla Sun Life Global Emerging Opportunities Fund Direct Growth
International
Baroda BNP Paribas Flexi Cap Fund Direct Growth
Flexi Cap
Axis Innovation Fund Direct Growth
Thematic
Quantum Nifty 50 ETF FoF Direct Growth
Large Cap
WhiteOak Capital ELSS Tax Saver Fund Direct Growth
ELSS
ITI Bharat Consumption Fund Direct Growth
Thematic
Samco Multi Cap Fund Direct Growth
Multi Cap
Mirae Asset BSE 200 Equal Weight ETF FoF Direct Growth
Large & MidCap
ICICI Prudential Nifty50 Equal Weight Index Fund Direct Growth
Large Cap
Franklin Asian Equity Fund Direct Growth
International
Explore More Mutual Funds
Debt Mutual Funds - Best Debt Fund Options
Discover top debt mutual funds for stable returns. Filter by NAV, fund size, and AMC to find the best debt funds for you.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for NJ ELSS Tax Saver Scheme Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of NJ ELSS Tax Saver Scheme Direct Growth?
The top stocks held by NJ ELSS Tax Saver Scheme Direct Growth include Muthoot Finance Ltd., Coromandel International Ltd., Abbott India Ltd..
Which industries does NJ ELSS Tax Saver Scheme Direct Growth invest in?
NJ ELSS Tax Saver Scheme Direct Growth primarily invests in the following industries: Financial, Chemicals, Healthcare.
Who are the fund managers of NJ ELSS Tax Saver Scheme Direct Growth?
The fund managers of NJ ELSS Tax Saver Scheme Direct Growth are Dhaval Patel and Viral Shah.
How many years has the fund manager been managing NJ ELSS Tax Saver Scheme Direct Growth?
Dhaval Patel has been managing the fund for 1 years.
Viral Shah has been managing the fund for 2 years.
What is the minimum investment for NJ ELSS Tax Saver Scheme Direct Growth?
The minimum investment for NJ ELSS Tax Saver Scheme Direct Growth is ₹500 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for NJ ELSS Tax Saver Scheme Direct Growth?
The average 1-year return for NJ ELSS Tax Saver Scheme Direct Growth is -21.64%.
What are the average 3-year returns for NJ ELSS Tax Saver Scheme Direct Growth?
The fund has not been in existence for 3 years, so 3-year returns are not available.
What is the expense ratio of NJ ELSS Tax Saver Scheme Direct Growth, and how does it compare to its category?
The expense ratio of NJ ELSS Tax Saver Scheme Direct Growth is 0.54%. The average expense ratio for similar funds in the Equity is 0.86%.