Should I invest in Nippon India ELSS Tax Saver Fund?

We don't give personal investment advice. Nippon India ELSS Tax Saver Fund-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: 20.3%. 5-year CAGR: 13.18%.

Reliance

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

Latest NAV

₹129.2642

As of

24 Jul 2026

4,999 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	-0.10%	-2.26%	+2.15	48 / 90	Q3
1W	-1.40%	-4.09%	+2.69	46 / 87	Q3
2W	-1.94%	-4.51%	+2.57	65 / 87	Q3
1M	-1.52%	-5.21%	+3.70	56 / 87	Q3
3M	+0.36%	-3.51%	+3.87	55 / 87	Q3
6M	+3.60%	-0.11%	+3.71	31 / 89	Q2
YTD	-1.22%	-3.87%	+2.65	27 / 89	Q2
1Y	-0.38%	+1.67%	-2.05	41 / 87	Q2
2Y	+0.48%	-0.94%	+1.41	37 / 86	Q2
3Y	+13.06%	+5.34%	+7.72	26 / 81	Q2
4Y	+14.61%	+8.00%	+6.61	18 / 78	Q1
5Y	+13.18%	+6.78%	+6.39	18 / 77	Q1
7Y	+14.06%	+9.69%	+4.37	22 / 75	Q2
10Y	+10.46%	+7.87%	+2.59	32 / 69	Q2
Inception	+11.71%	+5.90%	+5.81	25 / 91	Q2

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	-1.22%	-4.60%	+3.39	9 / 47
2025	+5.95%	+1.54%	+4.41	14 / 47
2024	+17.26%	+18.17%	-0.92	26 / 47
2023	+28.10%	+23.46%	+4.64	16 / 49
2022	+6.91%	+0.75%	+6.16	11 / 52
2021	+36.84%	+28.91%	+7.93	8 / 54
2020	-0.52%	+11.40%	-11.92	49 / 56
2019	+1.14%	+2.03%	-0.89	39 / 59
2018	-20.38%	-9.68%	-10.70	57 / 61
2017	+44.74%	+29.95%	+14.79	5 / 65
2016	+3.68%	-0.31%	+3.99	16 / 70

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

+16.20%

236 windows

min -52.7% · max 105.0%

70% positive

3-Year rolling

+14.03%

211 windows

min -14.0% · max 38.4%

91% positive

5-Year rolling

+13.44%

187 windows

min -5.9% · max 27.4%

97% positive

7-Year rolling

+12.86%

163 windows

min 5.8% · max 25.3%

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

13.08%

3-year · annualised

Sharpe ratio

0.52

vs risk-free 6.5%

Sortino ratio

0.85

Downside-only deviation

Max drawdown

-20.29%

Sep 2024 → Mar 2025

% positive months

66.7%

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 Plan	HDFC	₹1,355.4920	24 Jul 2026
NIPPON INDIA ELSS TAX SAVER FUND - ANNUAL IDCW Option	Nippon India	₹20.2789	24 Jul 2026
SBI ELSS Tax Saver Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹87.5266	24 Jul 2026
ICICI Prudential ELSS Tax Saver Fund - Growth	ICICI Prudential	₹920.2700	24 Jul 2026
Quantum ELSS Tax Saver Fund - Direct Plan Growth Option	Quantum	₹124.5200	24 Jul 2026
Motilal Oswal ELSS Tax Saver Fund - IDCW Payout	Motilal Oswal	₹30.0961	24 Jul 2026
Franklin India ELSS Tax Saver Fund - IDCW	Franklin Templeton	₹59.4311	24 Jul 2026
Kotak ELSS Tax Saver Fund-Growth	Kotak Mahindra	₹115.0200	24 Jul 2026
Edelweiss ELSS Tax Saver Fund - Regular Plan - Growth Option	Edelweiss	₹113.4400	24 Jul 2026
DSP ELSS Tax Saver Fund - Regular Plan - Growth	DSP BlackRock	₹136.6760	24 Jul 2026

Recent NAVs

Date	NAV
24 Jul 2026	₹129.2642
23 Jul 2026	₹129.3985
22 Jul 2026	₹130.0625
21 Jul 2026	₹131.0916
20 Jul 2026	₹131.1681
17 Jul 2026	₹131.1033
16 Jul 2026	₹130.8973
15 Jul 2026	₹131.3268
14 Jul 2026	₹131.1792
13 Jul 2026	₹131.6861

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 24 Jul 2026, the NAV of Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option is ₹129.2642. It's a ELSS from Reliance, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option has NAV history starting from 03 Apr 2006, a track record of about 20 years 3 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option is managed by Reliance. 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-Growth Plan-Growth Option has delivered a absolute return of -0.38% — -2.05 pp behind the ELSS category average of 1.67%. The fund ranks #41 of 87 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option has delivered a CAGR of 13.06% — +7.72 pp ahead of the ELSS category average of 5.34%. The fund ranks #26 of 81 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option has delivered a CAGR of 13.18% — +6.39 pp ahead of the ELSS category average of 6.78%. The fund ranks #18 of 77 in its category — the top (Q1) quartile.

₹1 lakh invested in Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option exactly 10 years ago would be worth approximately ₹270,484 today — a multiplier of 2.70×, based on the 10-year CAGR of 10.46%. The category average over the same window would have grown ₹1 lakh to ₹213,276.

A ₹10,000 monthly SIP in Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹803,245 today. That's an XIRR (money-weighted annualised return) of 11.61%.

A ₹10,000 monthly SIP for 10 years in Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option = ₹1,200,000 invested. It would currently be worth ₹2,267,950 (multiplier 1.89×). XIRR: 12.23%. 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-Growth Plan-Growth Option ranks #18 out of 77 funds in the ELSS category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 6.78%; this fund delivered 13.18%.

The worst peak-to-trough decline Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option has experienced over the last 5-year window is 20.29% — 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-Growth Plan-Growth Option averaged 13.44% (best 27.40%, worst -5.87%). 97% of rolling windows ended positive. The 5-year Sharpe ratio is 0.51 — reasonable risk-adjusted performance.

In calendar year 2025, Nippon India ELSS Tax Saver Fund-Growth Plan-Growth Option returned 5.95% — beating the ELSS category average of 1.54% by 4.41 pp. It ranked #14 of 47 in its category that year.

Nippon India ELSS Tax Saver Fund-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-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: 20.3%. 5-year CAGR: 13.18%.

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