AMFI Registered MFD · ARN-130934 · Mutual fund investments are subject to market risks. CA Amit Kumar Jain · +91 93522 44475 Poornima Jain · +91 92525 44475 support@plenitude.co.in हिंदी

NJ ELSS Tax Saver Fund - Regular Plan - IDCW Payout Option

ELSS Tax Saver Funds invest at least 80% in equity and come with a 3-year lock-in. Investments can qualify for a tax deduction of up to ₹1.5 lakh a year under the old tax regime; there is no such deduction under the new regime.

AMC websiteNAV history (AMFI)हिंदी में

NJ Mutual FundELSS Tax Saver FundsRegular · IDCW (income distribution)Benchmark: Nifty 500
NAV · 16 Oct 2026₹13.3800▲ 0.07% (1 day)
  • Current NAV₹13.3800
  • Fund Size (AUM)—
  • Expense Ratio—
  • 1Y Return-6.69%
  • 3Y Return (CAGR)+6.33%
  • 5Y Return (CAGR)—
  • Category Rank (3Y)—
  • Riskometer—
  • Min. SIP / Lump sum—
More figures (11)
  • Since Launch (CAGR)+9.08%
  • BenchmarkNifty 500
  • Volatility (3Y)14.29 %
  • Sharpe Ratio (3Y)-0.01
  • Beta (3Y)0.87
  • 52-week High / Low₹14.4600 / ₹12.4500
  • Max Drawdown-23.4 %
  • Launched19 Jun 2023
  • Lock-in3 years
  • Portfolio Turnover—
  • Fund Managers—

Performance chart

Benchmark: Nifty 500 price index (excludes dividends, so it slightly understates the index's total return). Past performance may or may not be sustained in future.

Quick take

  • Over 3 years it returned 6.3% a year, against Nifty 500 8.6%.
  • Volatility over 3 years was 14.3% a year (Nifty 500: 14.5%), with a Sharpe ratio of -0.01.
  • Its biggest fall from a peak was 23.4% (26 Sep 2024 to 4 Mar 2025).

Pros

No standout strengths in its record so far.

Cons

  • Behind the Nifty 500 by 2.3 points a year over 3 years (6.3% against 8.6%).

Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.

AI analysis

Plenitude AI reads the figures on this page and explains them in plain language.

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Returns vs benchmark and category

Returns (%)1W1M3M6MYTD1Y2Y3Y5Y7Y10YSince launch
This fund+0.90%-2.26%-4.63%-0.89%-4.70%-6.69%-7.78%+6.33%———+9.08%
Nifty 500+1.84%-1.16%-4.14%-1.70%-6.71%-5.49%-3.01%+8.59%+7.14%+13.32%+11.51%+11.96%

Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Regular Growth plans in ELSS Tax Saver Funds. Q1 = top quarter by return over that period.

Calendar-year returns

Year2026 YTD20252024
This fund-4.70%-4.55%+13.85%
Nifty 500-6.71%+6.69%+15.16%
Difference+2.01%-11.24%-1.31%

January to December each year; the current year is to date.

Month-by-month returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
2026-3.40.2-8.28.50.21.03.60.5-5.4-0.7
2025-6.2-9.46.62.23.55.8-1.2-2.7-1.50.6-0.2-0.9-4.6
20243.32.3-2.91.11.07.97.02.11.1-7.9-2.11.113.9
20234.12.71.9-1.38.59.2

Change in NAV from the last business day of one month to the last business day of the next. Positive in 25 of 40 months shown (63%). "Year" is shown for complete calendar years.

Risk and consistency

Risk measure3 years5 years
Volatility (standard deviation) ?14.29%13.83%
Nifty 500 volatility ?14.52%14.02%
Sharpe ratio ?-0.01—
Sortino ratio ?-0.02—
Beta ?0.870.86
Alpha (yearly) ?-1.98%—
R-squared ?0.770.77
Up-market capture ?90.90%91.50%
Down-market capture ?100.90%90.60%
Maximum drawdown-23.40%-23.40%

Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.

How it handled market falls

When the Nifty 500 fell more than 10%

Fall (peak to bottom)Nifty 500This fundDifferenceFund, 1 year after bottomIndex, 1 year after bottom
26 Sep 2024 → 28 Feb 2025-18.8%-23.0%-4.28.7%16.5%

Every fall of more than 10% in the benchmark since the fund was launched, measured between the index's peak and bottom dates. "Difference" in percentage points: positive means the fund fell less.

Biggest falls in this fund's NAV

PeakBottomFallBack to the peak onTime to recover
26 Sep 20244 Mar 2025-23.4%Not yet—
27 Feb 202419 Mar 2024-6.6%3 Jun 20242 months
3 Jun 20244 Jun 2024-5.6%7 Jun 20243 days
11 Sep 202326 Oct 2023-5.5%15 Nov 202320 days

Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.

SIP returns: ₹10,000 every month

SIP forInvestedValue todayGainXIRRNifty 500 XIRR
1Y₹1,20,000₹1,16,240₹-3,760-5.74%-6.28%
3Y₹3,60,000₹3,48,501₹-11,499-2.10%+1.15%

A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.

What your investment would be worth

Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.

Compare with all ELSS Tax Saver Funds (39)

S.No.Scheme (Regular plans, Growth)6M %1Y %3Y % CAGR5Y % CAGRExpense ratio %Fund size ₹ Cr
1.Aditya Birla Sun Life ELSS Tax Saver FundAditya Birla Sun Life Mutual Fund——————
2.Axis ELSS- Tax Saver FundAxis Mutual Fund——————
3.Bajaj Finserv ELSS - Tax Saver FundBajaj Finserv Mutual Fund——————
4.BANDHAN ELSS - Tax Saver FundBandhan Mutual Fund——————
5.BANK OF INDIA ELSS TAX SAVER FUNDBank of India Mutual Fund——————
6.BANK OF INDIA ELSS TAX SAVER FUNDBank of India Mutual Fund——————
7.Baroda BNP Paribas ELSS Tax Saver FundBaroda BNP Paribas Mutual Fund——————
8.Canara Robeco ELSS - Tax Saver FundCanara Robeco Mutual Fund——————
9.DSP ELSS Tax Saver FundDSP Mutual Fund——————
10.Edelweiss ELSS Tax Saver FundEdelweiss Mutual Fund——————
11.Franklin India ELSS Tax Saver FundFranklin Templeton Mutual Fund——————
12.Groww ELSS Tax Saver FundGroww Mutual Fund——————
13.HDFC ELSS - Tax Saver FundHDFC Mutual Fund——————
14.HSBC ELSS Tax saver FundHSBC Mutual Fund——————
15.ICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund——————
16.Invesco India ELSS Tax Saver FundInvesco Mutual Fund——————
17.ITI ELSS Tax Saver FundITI Mutual Fund——————
18.JM ELSS - Tax Saver FundJM Financial Mutual Fund——————
19.Kotak ELSS Tax Saver FundKotak Mahindra Mutual Fund——————
20.LIC MF ELSS Tax Saver FundLIC Mutual Fund——————
21.Mahindra Manulife ELSS Tax Saver FundMahindra Manulife Mutual Fund——————
22.Mirae Asset ELSS Tax Saver FundMirae Asset Mutual Fund——————
23.Motilal Oswal ELSS Tax Saver FundMotilal Oswal Mutual Fund——————
24.NAVI ELSS TAX SAVER NIFTY50 INDEX FUNDNavi Mutual Fund——————
25.Nippon India ELSS Tax Saver FundNippon India Mutual Fund——————
26.NJ ELSS Tax Saver FundNJ Mutual Fund——————
27.Parag Parikh ELSS Tax Saver FundPPFAS Mutual Fund——————
28.PGIM India ELSS Tax Saver FundPGIM India Mutual Fund——————
29.Quant ELSS Tax Saver Fundquant Mutual Fund——————
30.Quantum ELSS Tax Saver FundQuantum Mutual Fund——————
31.Samco ELSS Tax Saver FundSamco Mutual Fund——————
32.SBI ELSS Tax Saver FundSBI Mutual Fund——————
33.Shriram ELSS Tax Saver FundShriram Mutual Fund——————
34.Sundaram ELSS Tax Saver FundSundaram Mutual Fund——————
35.Tata ELSS - Tax Saver FundTata Mutual Fund——————
36.Taurus ELSS Tax Saver FundTaurus Mutual Fund——————
37.Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) FundUnion Mutual Fund——————
38.UTI ELSS Tax Saver FundUTI Mutual Fund——————
39.WhiteOak Capital ELSS Tax Saver FundWhiteOak Capital Mutual Fund——————
Median: 39 schemes——————

Detailed comparison with another fund About ELSS Tax Saver Funds

Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.

Scheme details

Fund house
NJ Mutual Fund
Category
ELSS Tax Saver Funds · Equity
Benchmark used here
Nifty 500 (price index)
Plan / option
Regular · IDCW (income distribution)
AMFI scheme code
151610
ISIN
INF0J8L01107
Exit load & portfolio
See the scheme's KIM and monthly factsheet on the fund house website.

About ELSS Tax Saver Funds

ELSS Tax Saver Funds invest at least 80% in equity and come with a 3-year lock-in. Investments can qualify for a tax deduction of up to ₹1.5 lakh a year under the old tax regime; there is no such deduction under the new regime.

Generally used by taxpayers on the old regime who want equity exposure and can stay invested 3+ years.

Other plans of this scheme

Tax on your gains

Likely tax treatment: Equity-oriented fund

  • Held 12 months or less: short-term gain taxed at 20%.
  • Held over 12 months: long-term gain taxed at 12.5% on gains above ₹1.25 lakh a year (the ₹1.25 lakh exemption covers all your equity funds and shares together).
  • Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
  • Switching from one scheme or plan to another counts as selling and buying.
  • Surcharge and 4% health and education cess apply on top of these rates.
Fund typeShort-termLong-term
Equity-oriented20% (up to 12 months)12.5% above ₹1.25 lakh
Debt-oriented (bought from Apr 2023)Slab rateSlab rate
Gold, international, other hybridSlab rate12.5% (after 12 or 24 months)

Exit load, if any, is set out in the scheme's KIM. Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.

Questions about this scheme

What is the NAV of NJ ELSS Tax Saver Fund today?
The latest NAV of NJ ELSS Tax Saver Fund - Regular Plan - IDCW Payout Option is ₹13.3800 as on 16 Oct 2026, as published by AMFI. NAVs are updated every business day evening.
What returns has NJ ELSS Tax Saver Fund given?
As on 16 Oct 2026: 1 year -6.69%, 3 years +6.33% a year. Past returns may or may not be sustained in future.
What is the expense ratio of NJ ELSS Tax Saver Fund?
See the scheme's latest factsheet on the fund house website for its expense ratio.
How risky is this fund?
Over 3 years its volatility was 14.3% a year and its biggest fall from a peak was 23.4%. Mutual fund investments are subject to market risks.
What is the difference between Direct and Regular plans?
Both plans hold the same portfolio. A Direct plan is bought straight from the fund house and has a lower expense ratio. A Regular plan is bought through a distributor, who is paid a commission from the expense ratio, so its NAV grows slightly slower.
What are ELSS Tax Saver Funds?
ELSS Tax Saver Funds invest at least 80% in equity and come with a 3-year lock-in. Investments can qualify for a tax deduction of up to ₹1.5 lakh a year under the old tax regime; there is no such deduction under the new regime.
How are gains from NJ ELSS Tax Saver Fund taxed?
It is taxed as an equity-oriented fund: gains on units held up to 12 months are taxed at 20%; after 12 months, gains above ₹1.25 lakh a year are taxed at 12.5% (plus surcharge and cess).
Important. NAVs are from AMFI and mfapi.in; benchmark closes from Yahoo Finance; expense ratio, fund size and managers from published scheme data (Kuvera). Figures may be delayed; confirm with the fund house before transacting. Ranks and quartiles are positions by past return and are not a rating or recommendation. Mutual fund investments are subject to market risks; read all scheme-related documents carefully before investing. Plenitude Connect Private Limited is an AMFI-registered Mutual Fund Distributor (ARN-130934) and earns commission from fund houses on Regular plans (see Disclosures).
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