- Mutual Funds
- NJ ELSS Tax Saver Scheme - Direct (IDCW)
NJ ELSS Tax Saver Scheme - Direct (IDCW)
ELSS
- NAV 12.35 (0.08%)
- Fund Size (Cr) ₹124.05
- Expense Ratio 0.61
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹500
- Minimum Additional Investment ₹500
- Minimum SIP Investment -
- Minimum Withdrawal ₹0
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Exit Load
0%
- Return Since Launch 23.4%
Basic Details
Viral Shah
OPEN
Lumpsum Returns
SIP Returns
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
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Risk Ratios
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Standard Deviation
0.61% -
Beta
0.72% -
Sharpe Ratio
0.23% -
Treynor’s Ratio
0.20% -
Jension’s Alpha
0.12%
Asset Allocation
There is no Asset Allocation data.
Sector Allocation
There is no Sector Allocation data.
Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
-
NJ ELSS Tax Saver Scheme - Direct (IDCW)
- 124.05
- 9.30%
- 10.38%
- -
- -
- -
-
Sundaram LT Tax Advantage Fund-Sr.IV-Dir (IDCW)
- 22.45
- 5.57%
- 7.21%
- 24.32%
- 37.98%
- 40.28%
-
Sundaram LT Tax Advantage Fund-Sr.IV-Dir (G)
- 22.45
- 5.57%
- 7.21%
- 24.32%
- 37.98%
- 40.28%
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Sundaram LT Tax Advantage Fund-Sr.III-Dir (G)
- 33.68
- 5.66%
- 7.26%
- 24.41%
- 37.35%
- 40.88%
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Sundaram LT Tax Advantage Fund-Sr.III-Dir (IDCW)
- 33.68
- 5.66%
- 7.26%
- 24.41%
- 37.35%
- 40.88%
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Sundaram LT MC Tax Advantage Fund-Sr.IV-Dir (G)
- 37.92
- 6.48%
- 8.32%
- 24.69%
- 37.11%
- 40.55%
News
There are no new Updates!
Fund House Details & Investment Objective
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Date of Incorporation
13-Mar-2023
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Total AUM (Cr)
₹124.05
NJ ELSS Tax Saver Scheme - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, NJ Mutual Fund. Launched in Mar 2023, this fund is managed by Viral Shah. With assets under management (AUM) worth ₹124.05 (Cr), as of 07-Dec-2023, NJ ELSS Tax Saver Scheme - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 23.4% since its launch.
The current NAV of NJ ELSS Tax Saver Scheme - Direct (IDCW) is ₹12.35, as on 07-Dec-2023. The fund’s benchmark index is . You can invest in NJ ELSS Tax Saver Scheme - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is - while the minimum lumpsum investment is ₹500.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.15% in Equity, 0.64% in Debt and 0.21% in cash and cash equivalents
The top 5 sectors the fund invests in are: 27.27% in IT-Software, 12.21% in Capital Markets, 7.41% in Consumer Durables, 7.31% in Pharmaceuticals & Biotechnology and 5.47% in Industrial Products.
FAQs on NJ ELSS Tax Saver Scheme - Direct (IDCW)
NJ ELSS Tax Saver Scheme - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 23.4% since inception. Looking to invest in NJ ELSS Tax Saver Scheme - Direct (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in NJ ELSS Tax Saver Scheme - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, NJ ELSS Tax Saver Scheme - Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in NJ ELSS Tax Saver Scheme - Direct (IDCW) today and reap the benefits of this ELSS fund!
In the short term, i.e., 1 year, NJ ELSS Tax Saver Scheme - Direct (IDCW) has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 23.4% returns.
The expense ratio of NJ ELSS Tax Saver Scheme - Direct (IDCW) Direct Growth is 0.61%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of NJ ELSS Tax Saver Scheme - Direct (IDCW) is ₹124.05 (Cr) as of 07 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of NJ ELSS Tax Saver Scheme - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from NJ ELSS Tax Saver Scheme - Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case NJ ELSS Tax Saver Scheme - Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in NJ ELSS Tax Saver Scheme - Direct (IDCW). Minimum lumpsum investment NJ ELSS Tax Saver Scheme - Direct (IDCW) is ₹500 and minimum SIP amount is -. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of NJ ELSS Tax Saver Scheme - Direct (IDCW) is ₹12.35 as on 07 December 2023.
The 5 biggest stock holdings of NJ ELSS Tax Saver Scheme - Direct (IDCW) are:
Nippon Life Ind. (4.75%), Sonata Software (4.35%), Colgate-Palmoliv (4.2%), Tata Elxsi (4.2%), Bajaj Auto (4.18%)
A majority of NJ ELSS Tax Saver Scheme - Direct (IDCW) 's AUM worth ₹124.05 (Cr) is invested in these 3 top sectors:
- IT-Software: 27.27%
- Capital Markets: 12.21%
- Consumer Durables: 7.41%
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