ReviewDirect · Growth
Nippon India ELSS Tax Saver Fund
Nippon India Mutual FundEquity Schemes - ELSS- Tax Saver Fund13.7 years
The scheme aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related instruments.
- NAV
- 139.8133
- 15 Sept 2026
- 1Y
- -1.6%
- Trailing CAGR
- Upside capture
- +105%
- Vs NIFTY 500 TRI
- Downside capture
- +121%
- Lower is better
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-1.6%
- 3Y+10.9%
- 5Y+11.2%
- 10Y+10.5%
- SI+13.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.8%
- 3Y+4.3%
- 5Y+10.5%
- 10Y+12.2%
- Since inception
- +13.4%
- Calendar-day CAGR
- Excess 1Y
- -2.8%
- Category median, same plan and option
- 3Y win rate
- +47%
- Windows beating the median
- 3Y percentile
- 44
- Vs comparable share classes
- Worst rolling 3Y
- -13.9%
- 2637 daily-ending windows
- Median rolling 3Y
- +15.4%
- Calendar-day CAGR
- Positive rolling 5Y
- +95%
- 2144 daily-ending windows
- SIP 3Y XIRR
- +4.3%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 16 Sept 2026.
- 1Y excess
- +0.7%
- Fund minus TRI
- 3Y excess
- +1.5%
- Fund minus TRI
- Upside capture
- +105%
- Benchmark-up months
- Downside capture
- +121%
- Lower is better
Drawdown
Peak to trough from a running NAV high. Move across the path to read a date.
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 15 days
- 113 recovered episodes
- Longest recovery
- 471 days
- Trough to prior peak
- Current spell
- 719 days
- Days below latest peak
- Time below peak
- +91%
- NAV observations
23 Jan 2018 – 7 Jul 2021
Trough 23 Mar 2020 · recovered in 471 days
-51.9%
3 Mar 2015 – 6 Sept 2016
Trough 29 Feb 2016 · recovered in 190 days
-26.3%
7 Jan 2013 – 27 Dec 2013
Trough 28 Aug 2013 · recovered in 121 days
-24.2%
26 Sept 2024 – open
Trough 3 Mar 2025 · not recovered
-20.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
44
Vs category
33
Consistency
51
Risk-adjusted
51
Drawdown
0
Mean
36
Portfolio
31 Aug 2026 · 63 holdings · top 10 are 39.6%.
- Top 5
- 25.2%
- Top 10
- 39.6%
- Largest holding
- 7.4%
- Effective holdings
- 37.5
ICICI Bank Ltd
Financial
7.4%
HDFC Bank Ltd
Financial
6.6%
Axis Bank Ltd
Financial
4.2%
State Bank of India
Financial
3.5%
Samvardhana Motherson International Ltd
Consumer Discretionary
3.5%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
Decision
Quantitative read of the live evidence. An explanation can only restate what is already here.
As of 15 Sept 2026
Review
Engine status
Review
Closer look
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
Worth investigating
Same-category peers with enough history to inspect beside this fund.
BANK OF INDIA ELSS TAX SAVER FUND
Bank of India Mutual Fund
- 1Y
- +1.5%
- 3Y
- +11.0%
- Vol
- 16.4%
- Max DD
- -31.7%
- Sharpe
- 0.71
- 3Y win
- +73%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
DSP ELSS Tax Saver Fund
DSP Mutual Fund
- 1Y
- -2.8%
- 3Y
- +11.8%
- Vol
- 15.8%
- Max DD
- -37.2%
- Sharpe
- 0.72
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
HSBC ELSS Tax saver Fund
HSBC Mutual Fund
- 1Y
- +5.6%
- 3Y
- +15.5%
- Vol
- 15.4%
- Max DD
- -19.2%
- Sharpe
- 0.76
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Invesco India ELSS Tax Saver Fund
Invesco Mutual Fund
- 1Y
- -1.4%
- 3Y
- +11.6%
- Vol
- 15.5%
- Max DD
- -35.8%
- Sharpe
- 0.71
- 3Y win
- +65%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
JM ELSS - Tax Saver Fund
JM Financial Mutual Fund
- 1Y
- +6.1%
- 3Y
- +15.3%
- Vol
- 17.2%
- Max DD
- -37.4%
- Sharpe
- 0.70
- 3Y win
- +88%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns