About Navi ELSS Tax Saver Nifty50 Index Fund
Navi ELSS Tax Saver Nifty50 Index Fund is a elss (tax saver) fund managed by Navi Mutual Fund. Equity Linked Savings Schemes: diversified equity funds with a 3-year lock-in. Investments qualify for the Section 80C deduction (up to ₹1.5 lakh) under the old tax regime.
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. 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. However, there is no assurance that the investment objective of the Scheme will be realized.
The scheme's stated objective, as published by Navi Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | GROWTH | ₹14.2096 | 151471 |
| Direct | IDCW PAYOUT | ₹14.2159 | 151473 |
| Regular | GROWTH | ₹13.7499 | 151472 |
| Regular | IDCW PAYOUT | ₹13.8042 | 151474 |
Frequently asked questions
What is the NAV of Navi ELSS Tax Saver Nifty50 Index Fund today?
The NAV of Navi ELSS Tax Saver Nifty50 Index Fund (Direct plan, Growth) is ₹14.2096 and the Regular plan NAV is ₹13.7499, as of 18 Sept 2026.
What returns has Navi ELSS Tax Saver Nifty50 Index Fund given?
Over the last year the Direct plan returned -7.39%, and 6.01% a year over 3 years. That places it 36 of 37 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Navi ELSS Tax Saver Nifty50 Index Fund?
The Direct plan charges 0.2% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Navi ELSS Tax Saver Nifty50 Index Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹500 or more.
How much has Navi ELSS Tax Saver Nifty50 Index Fund fallen in the past?
Its deepest fall was 15.5% from 26 Sept 2024 to 4 Mar 2025. Of every one-year stretch in its history, 81% ended in a gain.
Which category does Navi ELSS Tax Saver Nifty50 Index Fund belong to?
It is a ELSS (Tax Saver) Fund from Navi Mutual Fund. Equity Linked Savings Schemes: diversified equity funds with a 3-year lock-in. Investments qualify for the Section 80C deduction (up to ₹1.5 lakh) under the old tax regime.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Navi ELSS Tax Saver Nifty50 Index Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.