Pros | Larger AUM within category. 3Y returns in the top 25% of the category. Beats FD returns for both 3Y & 5Y. | Larger AUM within category. 5Y returns in the top 25% of the category. Beats FD returns for both 3Y & 5Y. | ||
Cons | Has not generated consistent returns. Does not beat the benchmark consistently. Higher probablity of downside risk. | 3Y returns in the bottom 25% of the category. |
INDMoney rank | 22/23 | 10/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 11 Years | 8 Years | ||
Fund Size | 39253 Cr | 26042 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.78% | 0.58% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | S&P BSE 200 India TR INR | S&P BSE 200 India TR INR |
No of Holdings | 87 | 88 | ||
Top 5 Holdings | HDFC Bank Ltd (5.86%) Torrent Power Ltd (5.33%) Tata Consultancy Services Ltd (4.65%) Bajaj Finance Ltd (4.16%) Avenue Supermarts Ltd (3.55%) | HDFC Bank Ltd (7.86%) Axis Bank Ltd (4.68%) Infosys Ltd (4.51%) ICICI Bank Ltd (4.2%) State Bank of India (3.77%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (27.2%) Consumer Cyclical (13.8%) Industrial (9.75%) | Financial Services (31.83%) Consumer Cyclical (16.28%) Industrial (11.7%) | ||
Equity % | 97.78% | 98.56% | ||
Debt % | - | - | ||
P/E | 33.92 | 22.99 | ||
P/B | 5.82 | 3.54 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 1.02% | -0.36% | ||
3-Month Return | 5.79% | 3.24% | ||
6-Month Return | 11.99% | 14.71% | ||
1-Year Return | 34.38% | 35.89% | ||
3-Year Return | 9.03% | 16.06% | ||
5-Year Return | 17.08% | 24.66% |
Sharpe | 0.36 | 0.97 | ||
Alpha | -7.01 | 0.6 | ||
Beta | 1.04 | 0.93 | ||
Standard Deviation | 15.21 | 12.24 | ||
Information Ratio | -1.09 | -0.09 |
Description | Axis ELSS Tax Saver Fund Direct Plan Growth Option is an equity fund.The fund could potentially beat inflation in the long-run. | Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Shreyash Devalkar,Ashish Naik | Neelesh Surana |