Fund Facts
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Name of Fund:NJ ELSS Tax Saver
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Opening:13th March 2023
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Closing:9th June 2023
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Scheme Type:Open Ended ELSS Fund
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Minimum Investment:Rs. 500 and in multiples of Rs. 500/-
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Plan:Regular and Direct
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Options:Growth and IDCW
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Entry Load:Not Applicable
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Exit Road:Nil
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Thereafter:Nil
Fund Stats
Objective
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.
Benchmark:
NIFTY 500
Fund Manager:
Viral Shah
Asset Allocation
80-100%
Equity
upto 20%
Money Market
Comparable existing schemes
| PGIM India ELSS Tax Saver Fund | 0.41(6M) | 2.86(1Y) |
| Navi ELSS Tax Saver Fund | -1.37(6M) | 0.94(1Y) |
Fund Prognosis
Idea Distiller
It is not so much of an idea, but rather the filing the basic product gaps in a fund house's armoury.
Fund House AAUM:
Rs. 220985.39 Lakhs (as on 31st March 2023)
Fund Manager:
Combined experience of above 16 years
Scheme DNA 4 fundamentals
- UNIQNESS
- RETURN
- RISK
- OPERABILITY
OOMP Factor
A simple product with a tax savings tagline. What else can one expect from an ELSS?