MonitorDirect · Growth
NJ ELSS Tax Saver Fund
NJ Mutual FundEquity Schemes - ELSS- Tax Saver Fund3.2 years
The Scheme seeks to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments.
- NAV
- 14.52
- 16 Sept 2026
- 1Y
- -3.1%
- Trailing CAGR
- Upside capture
- +94%
- Vs NIFTY 500 TRI
- Downside capture
- +83%
- 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-3.1%
- 3Y+8.8%
- 5Yn/a
- 10Yn/a
- SI+12.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.3%
- 3Y+2.7%
- 5Yn/a
- 10Yn/a
- Since inception
- +12.5%
- Calendar-day CAGR
- Excess 1Y
- -4.3%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 6
- Vs comparable share classes
- Worst rolling 3Y
- +8.8%
- 60 daily-ending windows
- Median rolling 3Y
- +12.3%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
- SIP 3Y XIRR
- +2.7%
- Simulated monthly SIP
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 15 Sept 2026.
- 1Y excess
- -3.0%
- Fund minus TRI
- 3Y excess
- -1.2%
- Fund minus TRI
- Upside capture
- +94%
- Benchmark-up months
- Downside capture
- +83%
- 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
- 6 days
- 36 recovered episodes
- Longest recovery
- 65 days
- Trough to prior peak
- Current spell
- 715 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
26 Sept 2024 – open
Trough 4 Mar 2025 · not recovered
-22.8%
27 Feb 2024 – 23 May 2024
Trough 19 Mar 2024 · recovered in 65 days
-6.4%
3 Jun 2024 – 7 Jun 2024
Trough 4 Jun 2024 · recovered in 3 days
-5.7%
11 Sept 2023 – 15 Nov 2023
Trough 26 Oct 2023 · recovered in 20 days
-5.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
6
Vs category
23
Consistency
8
Risk-adjusted
53
Drawdown
43
Mean
27
Portfolio
31 Aug 2026 · 26 holdings · top 10 are 51.5%.
- Top 5
- 27.6%
- Top 10
- 51.5%
- Largest holding
- 6.6%
- Effective holdings
- 23.5
Bosch Ltd
Consumer Discretionary
6.6%
Pidilite Industries Ltd
Materials
5.8%
Akzo Nobel India Ltd
Materials
5.1%
Hero Motocorp Ltd
Consumer Discretionary
5.1%
Mphasis Ltd
Technology
5.1%
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 11 Sept 2026
Monitor
Engine status
Monitor
Recent evidence
Why this status
- Recent return trails the category median by 3 percentage points or more, with a weak rolling win rate.
- Three-year return sits below the 25th percentile of comparable share classes.
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.
WhiteOak Capital ELSS Tax Saver Fund
WhiteOak Capital Mutual Fund
- 1Y
- +1.9%
- 3Y
- +15.2%
- Vol
- 13.2%
- Max DD
- -16.4%
- Sharpe
- 0.91
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Bajaj Finserv ELSS - Tax Saver Fund
Bajaj Finserv Mutual Fund
- 1Y
- +2.5%
- 3Y
- n/a
- Vol
- 13.0%
- Max DD
- -13.5%
- Sharpe
- 0.36
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower 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%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility
Canara Robeco ELSS - Tax Saver Fund
Canara Robeco Mutual Fund
- 1Y
- +1.2%
- 3Y
- +10.9%
- Vol
- 15.4%
- Max DD
- -34.3%
- Sharpe
- 0.65
- 3Y win
- +39%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Axis ELSS- Tax Saver Fund
Axis Mutual Fund
- 1Y
- -1.8%
- 3Y
- +9.8%
- Vol
- 15.2%
- Max DD
- -33.5%
- Sharpe
- 0.70
- 3Y win
- +50%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown