myplexus

NFO Monitor

Fund Fact

Name of Funds:

Navi ELSS Tax Saver Nifty 50 Index Fund

Opening:

14th February 2023

Closing:

28th February 2023

Minimum Investment:

Rs. 500/-and in multiples of Rs. 500/- thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

Nil

Fund Stats

Objective:

The investment objective of the Scheme is to invest in companies whose securities are included in Nifty 50 Index (the Index) and to endeavour to achieve the returns of the index, though subject to tracking error.

Benchmark:

NIFTY 50

Fund Manager:

Aditya Mulki

Asset Allocation

95-100% Equity upto 5% Money Market

upto 5% Debt Nil Others

Comparable existing schemes

HDFC Tax Saver Fund	2.13(6M)	17.40(1Y)
Kotak Tax Saver Fund	1.19(6M)	11.69(1Y)

Fund Prognosis

Idea Distiller

It is a basic product from a new company.

Fund House AAUM:
Rs. 218449.77 Lakhs (as on 31st December 2022)
Fund Manager:
Combined experience of above 6 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

It takes a huge degree of commitment to expand on a product that has been there forever. And for any company that’s a stretch. So, obviously a low ooomph product.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity of ARN: 14th May 2025 to 23rd May 2028