Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
NJ ELSS Tax Saver Scheme Direct Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 2/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 56/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)8.82%
- Expense ratio (20%)0.79%
- AUM (15%)₹349 Cr
Not investment advice — an analytical read of public fund data. Methodology →
NJ Mutual Fund · Equity · ELSS
₹14.68
AUM: ₹349 Cr
NAV updated 16 days ago
Plan
Direct
Option
Growth
Risk
High
Expense Ratio
0.79%
Exit Load
Nil
Fund Manager
Dhaval Patel
Inception
Jun 2023
Benchmark
NIFTY 500 Total Return Index
Sharpe Ratio
-0.53
Std Dev (1Y)
12.45%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-3.8%
3m
+4.86%
6m
+5.99%
1y
-3.1%
3y
+8.82%
5y
—
10y
—
since inception
+12.55%
TopFund's Take on NJ ELSS Tax Saver Scheme Direct Growth
NJ ELSS Tax Saver Scheme Direct Growth sits in the middle of the pack for ELSS funds, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 56/100.
Cost: At 0.79%, the expense ratio is meaningfully cheaper — about 25% below the ELSS category average of 1.06% (based on 157 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.53 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 12.45% is fairly typical for ELSS funds.
Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about NJ ELSS Tax Saver Scheme Direct Growth
The current NAV (Net Asset Value) of NJ ELSS Tax Saver Scheme Direct Growth is ₹14.68. NAV is updated every business day after market close by AMFI.
1Y: -3.1% · 3Y CAGR: 8.82%
The expense ratio of NJ ELSS Tax Saver Scheme Direct Growth is 0.79% per annum. This is the annual fee charged by the fund to manage your investment.
NJ ELSS Tax Saver Scheme Direct Growth is managed by Dhaval Patel at NJ Mutual Fund.
NJ ELSS Tax Saver Scheme Direct Growth is classified as a High risk fund. It is suitable for investors with a long-term horizon of 3+ years.
NJ ELSS Tax Saver Scheme Direct Growth is a ELSS fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in NJ ELSS Tax Saver Scheme Direct Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of NJ ELSS Tax Saver Scheme Direct Growth is ₹349 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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