NJ ELSS Tax Saver Scheme
NAV : ₹ 14.5 as of 26 June, 2024
Overview
₹ 197.31 Cr
Fund size
₹ 500
Min SIP
₹ 500
Lumpsum
13 March 2023
Launch date
Growth
Fund plan
Regular
Scheme type
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,82,441 (+21.56%)
Disclaimer: Past performance is not an indicator of future returns
Equity Holding(s) Distribution
Other Scheme Info
Expense Ratio
Inclusive of GST
2.32%
Stamp Duty
0.005%
Exit Load
0
Fund Managers
Fund House
NJ Mutual Fund
Total AUM: 5450.72Cr
NJ Mutual Fund, established in 2021, is overseen by NJ Trustee Limited. This Indian asset management company is part of NJ India Invest Pvt. Ltd., a pioneering financial management entity founded in 1994 to adapt to the shifting dynamics of the financial services industry at the time. In today's financial landscape, the NJ Group—co-founded by Mr. Niraj Choksi and Mr. Jignesh Desai, whose initials ...View NJ ELSS Tax Saver Scheme AMC
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
Still have questions?
What is the NAV of NJ ELSS Tax Saver Scheme
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of NJ ELSS Tax Saver Scheme is ₹14.5
What is the AUM of NJ ELSS Tax Saver Scheme?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of NJ ELSS Tax Saver Scheme is ₹197.31 Cr.
What is the minimum SIP amount for NJ ELSS Tax Saver Scheme?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of NJ ELSS Tax Saver Scheme is ₹500
What is the Expense Ratio of NJ ELSS Tax Saver Scheme?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of NJ ELSS Tax Saver Scheme is 2.32%
What is the Exit load of NJ ELSS Tax Saver Scheme?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
