Navi ELSS Tax Saver Fund
This is the Direct plan of Navi ELSS Tax Saver Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
This scheme hasn’t published a NAV since 10 Apr 2026 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.
Performance
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
Not enough ELSS peers to rank yet
Volatility not available yet
Expense ratio not available yet
97% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Consistent — positive in 97% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Navi ELSS Tax Saver Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | Nifty 500 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -7.44% | -7.18% | -0.26% | |
| 2025 | +6.26% | +7.94% | -1.68% | |
| 2024 | +13.92% | +16.43% | -2.51% | |
| 2023 | +26.52% | +27.43% | -0.91% | |
| 2022 | -0.06% | +4.34% | -4.40% | |
| 2021 | +31.85% | +31.59% | +0.26% | |
| 2020 | +10.43% | +18.33% | -7.90% | |
| 2019 | +9.79% | +8.95% | +0.84% | |
| 2018 | -3.59% | -2.33% | -1.26% | |
| 2017 | +36.62% | +37.35% | -0.73% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Fund size over time
Quarterly average AUM · AMFIDown +91% from its peak of ₹49.66Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
AMC Profile
Navi Mutual Fund is run by Navi AMC, part of the Navi group founded by Sachin Bansal, which acquired Essel Mutual Fund in 2021 and rebranded it. Its line-up centres on low-cost index funds.
Fund Managers
ASAshutosh ShirwaikarManaging since 01 Aug 2023
Fund Manager
8 years
MBA (Finance)- JBIMS, Mumbai University - B.E. in Mechanical Engineering (Mumbai University)
Prior to joining August 01, 2023 Navi Mutual Fund, Mr. Shirwaikar worked for more than 6 years at Quantum Advisors Ltd. During his tenure he has covered sectors like Auto, Chemicals, Pharma, Power, and Media. Mr. Shirwaikar has been associated with Navi AMC since June 2022.
- Navi Aggressive Hybrid Fund
- Navi Aggressive Hybrid Fund
- Navi BSE Sensex Index Fund
- Navi ELSS Tax Saver Nifty 50 Index Fund
- Navi Flexi Cap Fund
- Navi Flexi Cap Fund
- Navi Large & Midcap Fund
- Navi Large & Midcap Fund
- Navi Nifty 50 Index Fund
- Navi Nifty 500 Multicap 50:25:25 Index Fund
- Navi Nifty Bank Index Fund
- Navi Nifty India Manufacturing Index Fund
- Navi Nifty Midcap 150 Index Fund
- Navi Nifty Midsmallcap 400 Index Fund
- Navi Nifty Next 50 Index Fund
- Navi Nifty Reits & Realty Index fund
- Navi Nifty Smallcap250 Momentum Quality 100 Index Fund
AMAditya MulkiStart date not disclosed
Head Investment s & Fund Manager
7 years
CFA Charter holder, Bachelor of Commerce from Mumbai university
Prior to joining September Navi Mutual Fund, Mr. Mulki has worked closed to 6 years at Quantum Advisors Ltd. As an Equity research analyst, covering consumable staples, consumer discretionary, building materials and media sector
- Navi BSE Sensex Index Fund
- Navi ELSS Tax Saver Nifty 50 Index Fund
- Navi Nifty 50 Index Fund
- Navi Nifty Bank Index Fund
- Navi Nifty India Manufacturing Index Fund
- Navi Nifty Midcap 150 Index Fund
- Navi Nifty Next 50 Index Fund
- Navi Flexi Cap Fund - Direct Plan - Growth
- Navi Nifty 500 Multicap 50:25:25 Index Fund - Direct Plan - Growth
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Navi in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
Navi Nifty REITs & Realty Index Fund - Regular Plan Portfolio
The Economic Times · 4d ago
Navi Nifty REITs & Realty Index Fund - Regular Plan Fund info
The Economic Times · 4d ago
Navi Nifty REITs & Realty Index Fund - Regular Plan Fund info
The Economic Times · 14d ago
Navi Nifty Next 50 Index Fund
CNBC TV18 · 20d ago
Navi Nifty REITs & Realty Index Fund - Direct Plan Returns
The Economic Times · 23d ago
Navi Nifty REITs & Realty Index Fund - Direct Plan Portfolio
The Economic Times · 23d ago
Navi MF introduces Nifty Reits & Realty Index fund
Investment Guru India · 02 Sep 2026
Navi Nifty REITs & Realty Index Fund - Mutual fund NFOs: 3 new funds will open for subscription this week
The Economic Times · 30 Aug 2026
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About ELSS (tax-saving) funds
ELSS funds are equity funds that qualify for a Section 80C deduction (up to ₹1.5 lakh a year) under the old tax regime. They carry a 3-year lock-in — the shortest of any 80C option.
From the blog
Frequently asked questions
What is the NAV of Navi ELSS Tax Saver Fund?
The last published NAV of Navi ELSS Tax Saver Fund was ₹32.81 per unit, on 10 Apr 2026. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.
How risky is Navi ELSS Tax Saver Fund?
Navi ELSS Tax Saver Fund is rated very high on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -37.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Navi ELSS Tax Saver Fund?
Navi ELSS Tax Saver Fund is benchmarked against the Nifty 500 Index. Its alpha and beta on this page are measured against that index.
Who manages Navi ELSS Tax Saver Fund?
Navi ELSS Tax Saver Fund is managed by Ashutosh Shirwaikar and Aditya Mulki at Navi.
How is Navi ELSS Tax Saver Fund taxed?
Navi ELSS Tax Saver Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.