NJ ELSS Tax Saver Scheme - Direct (IDCW)


ELSS
  • NAV 15.73 (0.51%)
  • Fund Size (Cr) ₹216.95
  • Expense Ratio 0.49
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹500
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment -
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 51.75%

Basic Details

Scheme Manager
Viral Shah
Bench Mark
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Jul-24
  • 10168.94
  • 1.69%
  • -
  • 0.17%
  • 6/225
  • 1 Month
  • 12-Jun-24
  • 10785.67
  • 7.86%
  • -
  • 5.18%
  • 10/225
  • 3 Month
  • 12-Apr-24
  • 11398.40
  • 13.98%
  • -
  • 13.00%
  • 65/225
  • 6 Month
  • 12-Jan-24
  • 11661.70
  • 16.62%
  • -
  • 18.97%
  • 142/225
  • 1 Year
  • 12-Jul-23
  • 15343.14
  • 53.43%
  • 53.43%
  • 42.56%
  • 24/225
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 16-Jun-23
  • 15650
  • 56.50%
  • 51.75%
  • 18.30%
  • 2/225

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Aug-23
  • 120000
  • 150619.58
  • 25.52%
  • 25.52%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

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

  • Investment Type

  • Monthly Investment

  • Expected Returns Rate

    %
  • Time Period

    yrs

Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
Why Wait? Start Investing
  • Select Scheme

  • Investment Type

  • Monthly Investment

  • Time Period


Total of your Investment will be

0

70%
Returns
  • Invested Amount

    0
  • Estimated Returns

    0
* The calculator shows annualized returns.
Why Wait? Start Investing

Risk Ratios

  • Standard Deviation
    3.64%
  • Beta
    0.98%
  • Sharpe Ratio
    2.21%
  • Treynor’s Ratio
    0.17%
  • Jension’s Alpha
    6.01%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Hind.Aeronautics
  • 8.07%
  • 33242
  • 17.50
  • Equity
  • Aerospace & Defence
  • Bharat Electron
  • 6.54%
  • 463738
  • 14.19
  • Equity
  • Aerospace & Defence
  • Nippon Life Ind.
  • 5.81%
  • 195499
  • 12.60
  • Equity
  • Finance
  • Bajaj Auto
  • 5.54%
  • 12661
  • 12.03
  • Equity
  • Automobile
  • Power Grid Corpn
  • 4.9%
  • 321021
  • 10.62
  • Equity
  • Power Generation & Distribution
  • Mahanagar Gas
  • 4.59%
  • 62316
  • 9.95
  • Equity
  • Gas Distribution
  • HDFC AMC
  • 4.46%
  • 24233
  • 9.68
  • Equity
  • Finance
  • Colgate-Palmoliv
  • 4.19%
  • 31968
  • 9.09
  • Equity
  • FMCG
  • Bayer Crop Sci.
  • 3.71%
  • 12005
  • 8.06
  • Equity
  • Agro Chemicals
  • ICICI Securities
  • 3.6%
  • 103176
  • 7.82
  • Equity
  • Stock/ Commodity Brokers

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • NJ ELSS Tax Saver Scheme - Direct (IDCW)
  • Stars
  • 216.95
  • 7.86%
  • 13.98%
  • 16.62%
  • 53.43%
  • -
  • Quant ELSS Tax Saver Fund - Direct (IDCW)
  • Stars
  • 10527.57
  • 4.25%
  • 10.97%
  • 24.82%
  • 61.35%
  • 28.72%
  • Quant ELSS Tax Saver Fund - Direct (G)
  • Stars
  • 10527.57
  • 4.25%
  • 10.97%
  • 24.82%
  • 61.35%
  • 28.71%
  • Bank of India ELSS Tax Saver - Direct (G)
  • Stars
  • 1428.33
  • 5.63%
  • 13.74%
  • 26.60%
  • 61.24%
  • 25.35%
  • Bank of India ELSS Tax Saver - Direct (IDCW)
  • Stars
  • 1428.33
  • 5.63%
  • 13.75%
  • 26.58%
  • 61.21%
  • 25.34%
  • Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW)
  • Stars
  • 3710.23
  • 6.41%
  • 15.86%
  • 26.41%
  • 61.18%
  • 26.99%

News

  • NJ Mutual Fund Announces Appointment of Key Personnel NJ Mutual Fund has announced the appointment of M r. Vineet Nayyar as Executive Director and Deputy Chief Executive Officer with effect from July 01, 2024:

    Details of M r. Vineet Nayyar

    Age: 44 years

    Designation: Executive Director and Deputy Chief Executive Officer

    Qualification: Chartered Accountant, Cost Accountant and Commerce Graduate

    Mr. Rajiv Shastri-Director and Chief Executive Officer of NJ Asset Mnagement Private Limited has resigned and accordingly ceased to be the Key Personnel of NJAMPL with effect from June 30, 2024.

    Powered by Capital Market - Live News

  • NJ Mutual Fund Announces Appointment of Key Personnel NJ Mutual Fund has announced the appointment of Mr. G V Nageswara Rao as Independent Director with effect from June 01, 2024:

    Details of Mr . G V Nageswara Rao

    Age: 62 years

    Designation: Independent Director

    Qualification: Chartered Accountant, Cost Accountant and PGDM from the Indian Institute of Management, Ahmedabad

    Powered by Capital Market - Live News

  • NJ Arbitrage Fund Announces change in Exit Load Structure NJ Mutual Fund has announced that the exit load of NJ Arbitrage Fund will be revised as under with effect from May 06, 2024:

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
    NJ Arbitrage Fund 1.NIL Exitload? for 5% ofthe units upto completion of30 days
    The ?First In First Out (FIFO)? logic will be applied while selecting the units for redemption.
    Waiver of Exit load is calculated for each inflow transaction separately on FIFO basis and not on the total units through multiple inflows.
    The load free units from purchases made subsequentto the initial purchase will be available only after redeem ing allunits from the initial purchase.

    2.All units redeemed /switched-out in excess ofthe 5% load free units will be subject to the below mentioned exitload.
    1.00% - if Units are redeemed /switched-out on or before 30 days from the date of allotment
    Nil- if redeemed after 30 days from the date of allotment.

    Nil

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 13-Mar-2023
  • Total AUM (Cr) ₹216.95

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 ₹216.95 (Cr), as of 15-Jul-2024, NJ ELSS Tax Saver Scheme - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 51.75% since its launch.
The current NAV of NJ ELSS Tax Saver Scheme - Direct (IDCW) is ₹15.73, as on 15-Jul-2024. 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 99.08% in Equity, 0.6% in Debt and 0.32% in cash and cash equivalents
The top 5 sectors the fund invests in are: 25.11% in IT-Software, 15.06% in Aerospace & Defense, 14.18% in Capital Markets, 5.73% in Automobiles and 4.96% in Power.

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 51.75% 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 53.43%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 51.75% returns.

The expense ratio of NJ ELSS Tax Saver Scheme - Direct (IDCW) Direct Growth is 0.49%. 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 ₹216.95 (Cr) as of 15 July 2024. 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 ₹15.73 as on 15 July 2024.

The 5 biggest stock holdings of NJ ELSS Tax Saver Scheme - Direct (IDCW) are:
Hind.Aeronautics (8.07%), Bharat Electron (6.54%), Nippon Life Ind. (5.81%), Bajaj Auto (5.54%), Power Grid Corpn (4.9%)

A majority of NJ ELSS Tax Saver Scheme - Direct (IDCW) 's AUM worth ₹216.95 (Cr) is invested in these 3 top sectors:

  • IT-Software: 25.11%
  • Aerospace & Defense: 15.06%
  • Capital Markets: 14.18%

Power your investments with our smart trading platforms

mobilefooterimg
  • app_download_icon_img
    5 million+
    App downloads
  • 1_Click_icon_img
    1-Click
    Order Placement
  • higherreturns_icon_img
    2,361 Crore+
    Average Daily Turnover