Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth
Equity: ELSS - Tax Saver - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Equity: ELSS - Tax SaverBenchmark: NIFTY 50 Total Return IndexCheck Portfolio Overlap →
NAV: ₹13.81-0.54%
22 Oct 2026
Tracking Difference
Annualised return gap between Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth and its benchmark index over 1Y, 3Y, 5Y and 10Y periods, compared to the average of all funds tracking the same benchmark.
| Name | 1 Y | 3 Y | 5 Y | 10 Y |
|---|---|---|---|---|
| Fund | -0.22% | -0.28% | - | - |
| Avg. of funds with same benchmark | -0.22% | -0.28% | - | - |
Rolling Returns Analysis
Rolling annualized returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth across 1Y, 3Y and 5Y windows — average, best, worst returns and percentage of positive return periods.
| Metric | 1 Yr Rolling Returns | 3 Yr Rolling Returns | 5 Yr Rolling Returns | 7 Yr Rolling Returns |
|---|---|---|---|---|
| Analysis period | 01 Apr, 2024 - 22 Oct, 2026 | 09 Apr, 2026 - 22 Oct, 2026 | - | - |
| Average returns | 10.30% | 9.07% | - | - |
| Standard deviation | 11.77% | 2.07% | - | - |
| Best returns | 34.75% 1 year ending on 08 Apr, 2024 | 13.83% 3 years ending on 17 Apr, 2026 | - | - |
| Worst returns | -10.07% 1 year ending on 12 Oct, 2026 | 4.65% 3 years ending on 01 Oct, 2026 | - | - |
| Period with positive return | 78.36% | 100.00% | - | - |
| Period with return > 5% | 62.56% | 97.76% | - | - |
| Period with return > 10% | 42.02% | 30.60% | - | - |
| Period with return > 15% | 28.44% | 0.00% | - | - |
| Beat % Category | 28.28% | 0.00% | - | - |
| Beat % Benchmark | 37.60% | 0.00% | - | - |
Trailing Returns
Point-to-point returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth vs category average for YTD, 1M, 6M, 1Y, 3Y, 5Y and 10Y periods — with category rank and total funds count.
-10%
0%
10%
-12.5%
-6.7%
-8.4%
YTD
-2.7%
-4.9%
-4.8%
1 M
-6.3%
-3.7%
-5.0%
6 M
-11.4%
-6.7%
-7.8%
1 Y
6.0%
9.9%
9.8%
3 Y
9.1%
8.2%
5 Y
12.6%
12.3%
10 Y
Fund
Equity: ELSS - Tax Saver
NIFTY 50 Total Return Index
| Name | YTD | 1 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Since Inception |
|---|---|---|---|---|---|---|---|---|
| Fund | -12.50% | -2.73% | -6.26% | -11.41% | 6.04% | - | - | 9.40% |
| Equity: ELSS - Tax Saver | -6.68% | -4.91% | -3.72% | -6.70% | 9.87% | 9.15% | 12.59% | - |
| NIFTY 50 Total Return Index | -8.38% | -4.79% | -5.01% | -7.84% | 9.75% | 8.18% | 12.35% | - |
| Rank in category | 40 | 3 | 36 | 38 | 35 | - | - | - |
| Funds in category | 40 | 40 | 40 | 40 | 38 | 33 | 29 | - |
Period Returns
Calendar-year, quarterly and monthly return history of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth. Toggle between bar chart and table view to analyse periodic performance trends.
Historical Performance
Track NAV movement and cumulative returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth across 1M, 6M, 1Y, 3Y, 5Y and since-inception periods. Compare SIP and lumpsum growth over time.
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Frequently Asked Questions
What are the 1-year returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth?
Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth has delivered a 1-year return of -11.41% as of 21 Oct 2026. During the same period, its benchmark NIFTY 50 Total Return Index returned -7.84%. The fund has underperformed its benchmark over this period.
What are the 3-year returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth?
Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth has delivered a 3-year CAGR of 6.04% as of 21 Oct 2026. Its benchmark NIFTY 50 Total Return Index returned 9.75% CAGR over the same period. CAGR (Compounded Annual Growth Rate) is the right way to evaluate multi-year mutual fund performance as it smooths out year-to-year volatility.
What are the 5-year returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth?
The 5-year CAGR for Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth is shown in the Trailing Returns section above.
What are the returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth since inception?
Since its launch on 26 Mar 2023, Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth has delivered a CAGR of 9.40%. Since-inception returns reflect the fund's full history and give the most complete picture of long-term performance.
How has Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth performed vs its category over the long term?
Over the long term, Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth has ranked 35 out of 38 funds in the Equity: ELSS - Tax Saver category on a 3-year basis, and - on a 5-year basis. Category rank is one of several factors to consider alongside risk metrics and rolling return consistency when evaluating a fund.
What is the Sharpe ratio of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth?
The Sharpe ratio of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth is 0.07 (as of 21 Oct 2026). The Sharpe ratio measures how much return the fund generates per unit of risk (volatility) taken. A Sharpe ratio above 1.0 is generally considered good — the higher the ratio, the better the risk-adjusted return.
What is the alpha of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth?
The 3Y alpha of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth is -2.88% (as of 21 Oct 2026). Alpha measures the excess return generated by the fund over and above its benchmark NIFTY 50 Total Return Index, after adjusting for risk. A positive alpha means the fund manager has added value beyond what the market delivered. A negative alpha means the fund has underperformed its benchmark on a risk-adjusted basis.
What is the beta of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth?
The beta of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth is 0.88 (as of 21 Oct 2026). Beta measures how sensitive the fund is to market movements relative to its benchmark NIFTY 50 Total Return Index. A beta of 1 means the fund moves in line with the market. A beta above 1 means it is more volatile than the market; below 1 means it is less volatile. Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth's beta of 0.88 indicates it is more defensive than its benchmark.
What are the rolling returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth?
The average 1-year and 3-year rolling returns of Navi ELSS Tax Saver Nifty 50 Index Fund Direct-Growth is 10.30% and 9.07% respectively. Rolling returns show the fund's annualized return across every possible 1-year and 3-year investment window, making them a far more reliable measure of consistency than point-to-point returns, which depend heavily on the start and end date chosen.