Should I invest in Nippon India ELSS Tax Saver Fund Growth Plan?

We don't give personal investment advice. Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.1%. 5-year CAGR: 14.47%.

Nippon India

Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option

Latest NAV

₹140.6038

As of

3 Jun 2026

3,300 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.15%	+0.24%	-0.09	38 / 59	Q3
1W	-1.95%	-1.27%	-0.67	39 / 59	Q3
2W	-0.69%	+0.30%	-0.99	51 / 59	Q4
1M	-1.12%	-0.87%	-0.26	24 / 59	Q2
3M	+0.04%	+0.83%	-0.79	25 / 59	Q2
6M	-2.95%	-2.14%	-0.80	22 / 59	Q2
YTD	-2.30%	-1.56%	-0.74	20 / 59	Q2
1Y	+1.10%	+5.96%	-4.86	30 / 59	Q3
2Y	+3.39%	+5.58%	-2.19	31 / 58	Q3
3Y	+16.37%	+14.58%	+1.79	19 / 58	Q2
4Y	+15.78%	+14.85%	+0.93	20 / 51	Q2
5Y	+14.47%	+14.46%	+0.00	18 / 47	Q2
7Y	+12.90%	+15.51%	-2.61	37 / 45	Q4
10Y	+11.97%	+14.50%	-2.53	25 / 27	Q4
Inception	+13.78%	+14.13%	-0.35	34 / 59	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-2.30%	-4.44%	+2.15	14 / 53
2025	+6.67%	+3.70%	+2.97	17 / 53
2024	+18.04%	+20.13%	-2.09	30 / 53
2023	+28.95%	+30.82%	-1.87	24 / 51
2022	+7.71%	+3.78%	+3.93	7 / 47
2021	+37.81%	+39.32%	-1.51	17 / 50
2020	+0.20%	+18.42%	-18.22	50 / 50
2019	+1.84%	+6.48%	-4.64	37 / 47
2018	-19.64%	-7.38%	-12.26	33 / 37
2017	+46.17%	+38.27%	+7.91	6 / 31
2016	+4.48%	+5.54%	-1.06	14 / 27

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+19.30%

152 windows

min -38.5% · max 115.3%

76% positive

3-Year rolling

+14.03%

127 windows

min -14.1% · max 36.8%

89% positive

5-Year rolling

+12.54%

103 windows

min -6.1% · max 27.1%

95% positive

7-Year rolling

+11.08%

79 windows

min 6.6% · max 15.1%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.60%

3-year · annualised

Sharpe ratio

0.71

vs risk-free 6.5%

Sortino ratio

1.21

Downside-only deviation

Max drawdown

-20.06%

Sep 2024 → Mar 2025

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - Growth Option - Direct Plan	HDFC	₹1,421.3430	3 Jun 2026
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH	SBI	₹458.2222	3 Jun 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth	ICICI Prudential	₹990.7700	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - Growth	Invesco	₹138.0800	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth	Bandhan	₹173.1540	3 Jun 2026
quant ELSS Tax Saver Fund - Growth Option - Direct Plan	Quant	₹443.2149	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹66.4800	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option	Motilal Oswal	₹62.1822	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - Growth	Franklin India	₹1,537.4743	3 Jun 2026
Mirae Asset ELSS Tax Saver Fund - Direct Plan - Growth	Mirae Asset	₹54.9000	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹140.6038
2 Jun 2026	₹140.7621
1 Jun 2026	₹140.5516
29 May 2026	₹142.1293
27 May 2026	₹143.9039
26 May 2026	₹143.5595
25 May 2026	₹143.9383
22 May 2026	₹142.6840
21 May 2026	₹142.1244
20 May 2026	₹141.8719

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option is ₹140.6038. It's a ELSS from Nippon India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option is managed by Nippon India. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option has delivered a absolute return of 1.10% — -4.86 pp behind the ELSS category average of 5.96%. The fund ranks #30 of 59 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option has delivered a CAGR of 16.37% — +1.79 pp ahead of the ELSS category average of 14.58%. The fund ranks #19 of 58 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option has delivered a CAGR of 14.47% — +0 pp ahead of the ELSS category average of 14.46%. The fund ranks #18 of 47 in its category — the second (Q2) quartile.

₹1 lakh invested in Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option exactly 10 years ago would be worth approximately ₹309,787 today — a multiplier of 3.10×, based on the 10-year CAGR of 11.97%. The category average over the same window would have grown ₹1 lakh to ₹387,469.

A ₹10,000 monthly SIP in Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹818,305 today. That's an XIRR (money-weighted annualised return) of 12.36%.

A ₹10,000 monthly SIP for 10 years in Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option = ₹1,200,000 invested. It would currently be worth ₹2,347,714 (multiplier 1.96×). XIRR: 12.87%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option ranks #18 out of 47 funds in the ELSS category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 14.46%; this fund delivered 14.47%.

The worst peak-to-trough decline Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option has experienced over the last 5-year window is 20.06% — its NAV fell from a high on 26 Sep 2024 to a low on 03 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option averaged 12.54% (best 27.13%, worst -6.11%). 95% of rolling windows ended positive. The 5-year Sharpe ratio is 0.58 — reasonable risk-adjusted performance.

In calendar year 2025, Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option returned 6.67% — beating the ELSS category average of 3.70% by 2.97 pp. It ranked #17 of 53 in its category that year.

Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 20.1%. 5-year CAGR: 14.47%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.