NJ ELSS Tax Saver Fund Regular Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +2.71% | +7.77% | -5.06% |
| 3 Months | -5.55% | +0.19% | -5.74% |
| 6 Months | -0.80% | +5.12% | -5.92% |
| 1 Year | -3.13% | +1.89% | -5.02% |
| 3 Years CAGR | +6.51% | +11.88% | -5.37% |
| Since Inception | +9.45% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in NJ ELSS Tax Saver Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -2.99% | +1.20% | -4.19% |
| 2025 | -4.55% | +3.57% | -8.12% |
| 2024 | +13.85% | +19.98% | -6.13% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -13.30% | +6.71% | -1.04% | +50.64% | 44.9% | 16.2% |
| 3-Year Rolling | +5.85% | +8.74% | +9.73% | +11.93% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-26 | 2025-03-04 | -23.4% | 5 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Instruments Indicative allocations (% of total assets) Equity & Equity related instruments Minimum 80% - Maximum 100% Risk Profile – Medium to High Debt and money market instruments - Minimum 0% - Maximum 20% Risk Profile - Low to Medium | Per Scheme Mandate |
Investment Objective & Strategy
NJ ELSS Tax Saver Fund is an open ended equity linked saving scheme. The investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 338 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as small relative to ELSS schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest ELSS Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| UTI ELSS Tax Saver Fund | 2.9 | +8.67% | 1.94% | 102.8% | Rs 3,472 cr | Compare → |
| Shriram ELSS Tax Saver Fund | 2.4 | +6.46% | 2.57% | 114.2% | Rs 47.8 cr | Compare → |
| Mahindra Manulife ELSS Tax Saver Fund | 2.6 | +8.78% | 2.49% | 99.1% | Rs 892 cr | Compare → |
| Samco ELSS Tax Saver Fund | 1.5 | +1.15% | 3.35% | 133.8% | Rs 100 cr | Compare → |
| Groww ELSS Tax Saver Fund formerly known as Indiabulls Tax Savings Fund | 2.7 | +9.08% | 2.87% | 105.4% | Rs 52.5 cr | Compare → |
Frequently Asked Questions about NJ ELSS Tax Saver Fund
What is the expense ratio of NJ ELSS Tax Saver Fund?
NJ ELSS Tax Saver Fund has a total expense ratio (TER) of 2.54% with a base expense ratio of 2.09%, compared to the ELSS category median of 2.34%.
Who manages NJ ELSS Tax Saver Fund?
NJ ELSS Tax Saver Fund is managed by Viral Shah.
What are the historical returns of NJ ELSS Tax Saver Fund?
NJ ELSS Tax Saver Fund delivered a 3-year CAGR of 6.51%. Its 1-year return stands at -3.13%.
How large is NJ ELSS Tax Saver Fund?
NJ ELSS Tax Saver Fund manages assets of Rs 338 cr, placing it in the 'small' size band relative to ELSS peers.
How is NJ ELSS Tax Saver Fund scored on MFIQ?
NJ ELSS Tax Saver Fund holds an MFIQ Score of 3.1/10 (Weak), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is NJ ELSS Tax Saver Fund?
NJ ELSS Tax Saver Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 14.21% with a maximum historical drawdown of -23.40%.