Navi ELSS Tax Saver Fund Direct Growth NAV
AMFI: 135654ISIN: INF959L01CD5Navi Mutual FundELSS funds
Formerly 1, Navi Long Term Advantage Fund
Last NAV ₹32.8119
Last NAV, 10 Apr 2026. The fund stopped declaring a NAV after this date.
Other plans: Regular IDCW ₹27.3012 · Direct IDCW ₹32.4038 · Regular Growth ₹27.3039
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹44 CrMar 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot pull the fund's P/E down. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted. P/E in the glossary
- 22.231 Mar 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- Very HighFeb 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 4331 Mar 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes. New fund offer opened in the glossary
- 9 Nov 2015
Navi ELSS Tax Saver Fund returns
Direct Growth plan
At the month end, 31 Mar 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. Benchmark return in the glossary |
|---|---|---|
| 1 year | −3.16% | −3.61% |
| 3 years | +10.76% | +11.35% |
| 5 years | +10.38% | +10.91% |
| 10 years | +12.10% | +13.01% |
| Since launch | +11.50% | +12.42% |
Benchmark: BSE 100 TRI. Both as the fund house states them for the month.
Navi ELSS Tax Saver Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.04%, Feb 2020.Direct plan lowest 0.39%, Mar 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.45% | 2.10% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.08% | 0.37% |
Per cent of assets a year, filed for 12 Apr 2026. The parts add up to that day's total.
Buying and selling
- Exit load, at launchExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- Entry Load: Not Applicable Exit Load: NIL
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- 3 years
How Navi ELSS Tax Saver Fund is taxed
Each purchase, including each SIP instalment, is locked in for 3 years, so gains are always long-term and taxed at 12.5% above ₹1.25 lakh a year. Under the old tax regime only, up to ₹1.5 lakh a year invested can be deducted from taxable income, a limit shared with EPF and life insurance premiums.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 23 Jul 2024, checked 27 Oct 2026. Surcharge and cess are not included.
Navi ELSS Tax Saver Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans. Average assets under management: how it is worked out
- ₹4.45 CrQuarter to Jun 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 17.3%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹67 Cr, quarter to Dec 2021.
Assets at each month end
Highest ₹57 Cr, Jun 2025.The latest month end is the lowest since Apr 2025.
Navi ELSS Tax Saver Fund portfolio
Portfolio disclosed for 31 Mar 2026.
Holdings on 31 Mar 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. Large, mid and small cap in the glossary | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | |||
|---|---|---|---|---|---|
| Reliance IndustriesPETROLEUM PRODUCTS | Large cap1st | 5.70% | 2.49 | 18,536 | Feb 2020or earlier |
| Axis BankBANKS | Large cap18th | 5.18% | 2.26 | 19,500 | Jul 2018or earlier |
| Sun Pharmaceutical IndustriesPHARMACEUTICALS & BIOTECHNOLOGY | Large cap17th | 4.22% | 1.85 | 10,500 | Feb 2021 |
| Bharti AirtelTELECOM - SERVICES | Large cap3rd | 4.08% | 1.78 | 10,000 | Feb 2020or earlier |
| Ashok LeylandAGRICULTURAL, COMMERCIAL & CONSTRUCTION VEHICLES | Mid cap137th | 4.07% | 1.78 | 1,15,372 | Mar 2021 |
| UPLFERTILIZERS & AGROCHEMICALS | Mid cap178th | 3.95% | 1.73 | 30,375 | Oct 2023 |
| ICICI BankBANKS | Large cap5th | 3.76% | 1.64 | 13,609 | Oct 2017or earlier |
| State Bank of IndiaBANKS | Large cap6th | 3.59% | 1.57 | 16,000 | Aug 2021 |
| The Federal BankBANKS | Mid cap190th | 3.50% | 1.53 | 59,000 | Mar 2021 |
| Persistent SystemsIT - SOFTWARE | Mid cap126th | 3.24% | 1.41 | 2,900 | Jul 2022 |
| CreditAccess GrameenFINANCE | Small cap343rd | 3.18% | 1.39 | 12,000 | May 2024 |
| AstralINDUSTRIAL PRODUCTS | Mid cap233rd | 2.93% | 1.28 | 8,000 | Dec 2024 |
| HDFC BankBANKS | Large cap2nd | 2.85% | 1.24 | 17,000 | Sep 2019 |
| Shriram FinanceFINANCE | Large cap68th | 2.79% | 1.22 | 14,000 | Dec 2023 |
| MaricoAGRICULTURAL FOOD & OTHER PRODUCTS | Mid cap118th | 2.78% | 1.21 | 16,500 | Mar 2022 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 31 Mar 2026
| TREPS/Reverse Repo/Net Current Assets/Cash/Cash Equivalent | 0.04% | 0.02 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions. Largest holding in the glossary
- 5.70%Reliance Industries
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 23.25%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 41.28%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 33.2Taken over 99.96% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Indian shares99.96%
- Cash and receivables0.04%
Per cent of the fund's net assets.
Large, mid and small cap
- Large cap51.42%Category 54.84%
- Mid cap34.82%Category 17.67%
- Small cap12.80%Category 27.40%
Per cent of the fund's Indian shares. By the list for the six months to Dec 2025. Shares not on the list: 0.96% of the fund. Category is the average of 52 ELSS funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets. Sector weight in the glossary14sectors
- Financial Services29.13%Category 31.48%
- Capital Goods15.87%Category 8.54%
- Healthcare10.91%Category 7.91%
- Fast Moving Consumer Goods9.71%Category 4.09%
- Information Technology8.57%Category 6.94%
- Oil Gas & Consumable Fuels7.33%Category 4.49%
- Chemicals4.57%Category 2.32%
- Telecommunication4.08%Category 2.77%
- Consumer Durables2.86%Category 3.59%
- Services1.80%Category 1.50%
- Automobile And Auto Components1.73%Category 7.02%
- Media Entertainment & Publication1.46%Category 0.32%
- Consumer Services0.96%Category 4.73%
- Construction0.96%Category 2.51%
Per cent of the fund's net assets, less the futures sold on its shares, Mar 2026. Category is the average of 52 ELSS funds. Category average. The sector's weight, less the futures sold on it, averaged over the 52 ELSS funds that disclosed a portfolio for Mar 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services13 companies | 29.13% | 30.19% | 30.69% | 28.41% | 27.63% | 26.94% | 25.76% | 24.82% | 24.70% | 24.34% | 21.44% | 21.23% | |
| Capital Goods6 companies | 15.87% | 16.70% | 16.10% | 15.97% | 15.33% | 15.38% | 15.53% | 14.38% | 14.53% | 14.83% | 15.70% | 14.68% | |
| Healthcare4 companies | 10.91% | 10.15% | 9.16% | 9.53% | 9.88% | 12.63% | 12.70% | 12.58% | 12.92% | 12.23% | 11.87% | 12.47% | |
| Fast Moving Consumer Goods4 companies | 9.71% | 9.54% | 9.11% | 8.99% | 8.77% | 8.80% | 8.85% | 8.82% | 8.51% | 8.09% | 8.43% | 8.66% | |
| Information Technology4 companies | 8.57% | 7.91% | 9.74% | 9.64% | 9.40% | 8.98% | 8.45% | 8.89% | 8.69% | 9.10% | 11.94% | 11.59% | |
| Oil Gas & Consumable Fuels2 companies | 7.33% | 6.66% | 6.57% | 6.68% | 6.49% | 6.31% | 6.05% | 5.89% | 6.00% | 6.03% | 5.79% | 5.77% | |
| Chemicals2 companies | 4.57% | 4.50% | 4.81% | 5.27% | 5.00% | 4.88% | 4.70% | 4.80% | 4.73% | 4.29% | 4.42% | 4.55% | |
| Telecommunication1 company | 4.08% | 3.78% | 3.86% | 3.96% | 3.87% | 3.81% | 3.61% | 3.59% | 3.55% | 3.53% | 3.73% | 3.80% | |
| Consumer Durables2 companies | 2.86% | 2.76% | 2.92% | 3.11% | 3.14% | 2.86% | 3.06% | 3.07% | 2.83% | 2.89% | 3.16% | 2.59% | |
| Services1 company | 1.80% | 1.94% | 1.80% | 1.90% | 2.17% | 2.09% | 2.15% | 2.14% | 2.19% | 2.10% | 1.89% | 1.88% | |
| Automobile And Auto Components1 company | 1.73% | 1.66% | 1.37% | 2.23% | 2.20% | 2.30% | 2.44% | 2.35% | 2.28% | 2.38% | 2.33% | 2.23% | |
| Media Entertainment & Publication1 company | 1.46% | 1.34% | 1.32% | 1.32% | 1.46% | 1.69% | 1.80% | 1.83% | 1.79% | 1.75% | 1.92% | 1.88% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Apr 2025 to Mar 2026; the line runs from Mar 2025.
Bought and sold
Mar 2026 against Feb 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 20.65% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 0
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 43
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 3.82%
Changes in Mar 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| Apollo Pipes | Sold out | – | 0.62% | −0.62 pts | −8,600 |
| Kwality Wall's (India) | Sold out | – | 0.03% | −0.03 pts | −4,900 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Apr 25 | May 25 | Jun 25 | Jul 25 | Aug 25 | Sep 25 | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Reliance Industries | 4.67% | 4.66% | 4.89% | 4.77% | 4.78% | 4.86% | 5.11% | 5.35% | 5.48% | 5.07% | 5.20% | 5.70% |
 Axis Bank | 4.14% | 4.11% | 4.11% | 3.86% | 3.87% | 4.24% | 4.46% | 4.59% | 4.66% | 5.24% | 5.43% | 5.18% |
 Sun Pharmaceutical Industries | 3.45% | 3.12% | 3.09% | 3.32% | 3.18% | 3.22% | 3.29% | 3.54% | 3.40% | 3.28% | 3.67% | 4.22% |
 Bharti Airtel | 3.34% | 3.28% | 3.53% | 3.55% | 3.59% | 3.61% | 3.81% | 3.87% | 3.96% | 3.86% | 3.78% | 4.08% |
 Ashok Leyland | 2.33% | 2.41% | 2.54% | 2.59% | 2.78% | 3.16% | 3.03% | 3.36% | 3.89% | 4.45% | 4.90% | 4.07% |
 UPL | 3.24% | 3.00% | 3.14% | 3.52% | 3.67% | 3.83%Added | 4.05% | 4.24% | 4.54% | 4.19% | 3.90% | 3.95% |
 ICICI Bank | 3.48% | 3.48% | 3.46% | 3.73% | 3.61% | 3.53% | 3.39% | 3.48% | 3.44% | 3.61% | 3.78% | 3.76% |
 State Bank of India | 2.97% | 3.02% | 3.03% | 3.10% | 3.20% | 3.52% | 3.65% | 3.78% | 3.88% | 4.43% | 3.87%Cut | 3.59% |
 The Federal Bank | 2.71% | 2.75% | 2.88% | 2.89% | 2.80% | 2.86% | 3.38% | 3.65% | 3.87% | 4.34% | 3.56%Cut | 3.50% |
 Persistent Systems | 4.19% | 4.39% | 3.08%Cut | 2.77% | 2.92% | 2.69% | 3.18% | 3.39% | 3.42% | 3.43% | 2.76% | 3.24% |
 CreditAccess Grameen | 2.34% | 2.43% | 2.55% | 2.77% | 3.19% | 3.12% | 3.17% | 2.95% | 2.88% | 3.12% | 3.06% | 3.18% |
 Astral | 1.93% | 2.12% | 2.12% | 2.08% | 2.07% | 2.10% | 2.15% | 2.12% | 2.09% | 2.32% | 2.69% | 2.93% |
 HDFC Bank | 2.41% | 2.41% | 2.99%Added | 3.18% | 3.07% | 3.11% | 3.11% | 3.15% | 3.17% | 3.10% | 3.04% | 2.85% |
 Shriram Finance | 1.53% | 1.58% | 1.74% | 1.64% | 1.54% | 1.66% | 1.94% | 2.19% | 2.62% | 2.80% | 3.04% | 2.79% |
 Marico | 2.10% | 2.09% | 2.09% | 2.17% | 2.27% | 2.21% | 2.20% | 2.18% | 2.33% | 2.36% | 2.62% | 2.78% |
Per cent of the fund's net assets at each month end, Apr 2025 to Mar 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| Groww ELSS Tax Saver FundGroww Mutual Fund | 40.08% | 22 |
| Navi ELSS Tax Saver Nifty 50 Index FundNavi Mutual Fund | 36.49% | 17 |
| Edelweiss ELSS Tax Saver FundEdelweiss Mutual Fund | 33.67% | 22 |
| Sundaram ELSS Tax Saver FundSundaram Mutual Fund | 33.49% | 14 |
| Franklin India ELSS Tax Saver FundFranklin Templeton Mutual Fund | 33.12% | 13 |
| Union ELSS Tax Saver FundUnion Mutual Fund | 32.32% | 16 |
| ICICI Prudential ELSS - Tax Saver FundICICI Prudential Mutual Fund | 31.87% | 13 |
| Aditya Birla Sun Life ELSS Tax Saver FundAditya Birla Sun Life Mutual Fund | 31.64% | 12 |
| Shriram ELSS Tax Saver FundShriram Mutual Fund | 31.47% | 15 |
| DSP ELSS Tax Saver FundDSP Mutual Fund | 31.20% | 13 |
Portfolios for Mar 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Mar 2025 to Feb 202612 months | Very High | Very HighBSE 100 TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Fund details
Objective
The investment objective of the scheme is to provide investors with opportunities for capital appreciation and income generation along with the benefit of income tax deduction (under Section 80 C of the Income Tax Act, 1961) on their investments by investing in a diversified portfolio of equity and equity related instruments. Investment in this scheme would be subject to statutory lock-in period of 3 years from the date of allotment to be eligible for income tax benefit under section 80 C. There
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary
- BSE 100 TRI
- New fund offer
- 9 Nov 2015 to 21 Dec 2015
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹10
Plans and codes
| Plan | AMFI code | ISIN | First NAV |
|---|---|---|---|
| Direct Growth | 135654 | INF959L01CD5 | 31 Dec 2015 |
| Regular Growth | 135655 | INF959L01CF0 | 31 Dec 2015 |
| Direct IDCW | 135653 | INF959L01CE3 | 31 Dec 2015 |
| Regular IDCW | 135652 | INF959L01CG8 | 31 Dec 2015 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Navi Active Factsheet September 2026Navi Mutual Fund, Sep 2026
- NAVI Passive Factsheet September 2026Navi Mutual Fund, Sep 2026
Statement of additional information
- SAI Navi Mutual FundNavi Mutual Fund, Oct 2026
Riskometer disclosure
- Annual Disclosure of Riskometers – NAMC – as at March 31, 2026Navi Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap – As on 30-09-2026Navi Mutual Fund, Sep 2026