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. Beats FD returns for both 3Y & 5Y. | ||
Cons | Has not generated consistent returns. Does not beat the benchmark consistently. Highly volatile within category. | - |
INDMoney rank | 22/23 | 9/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 11 Years | 8 Years | ||
Fund Size | 36533 Cr | 24896 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.79% | 0.61% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | S&P BSE 200 India TR INR | S&P BSE 200 India TR INR |
No of Holdings | 85 | 92 | ||
Top 5 Holdings | HDFC Bank Ltd (6.07%) Torrent Power Ltd (5.33%) Bajaj Finance Ltd (4.36%) Tata Consultancy Services Ltd (3.81%) Avenue Supermarts Ltd (3.35%) | HDFC Bank Ltd (8.2%) Axis Bank Ltd (4.84%) State Bank of India (4.56%) ICICI Bank Ltd (4.27%) Infosys Ltd (4.03%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (27.71%) Consumer Cyclical (14.41%) Industrial (9.66%) | Financial Services (32.93%) Consumer Cyclical (15.85%) Industrial (11.64%) | ||
Equity % | 97.45% | 99.11% | ||
Debt % | - | - | ||
P/E | 32.24 | 21.5 | ||
P/B | 5.16 | 3.22 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 2.82% | 3.91% | ||
3-Month Return | 0.06% | 0.25% | ||
6-Month Return | 8.88% | 10.68% | ||
1-Year Return | 26.06% | 28.6% | ||
3-Year Return | 9.55% | 16.98% | ||
5-Year Return | 15.94% | 22.95% |
Sharpe | 0.26 | 0.83 | ||
Alpha | -6.94 | 0.77 | ||
Beta | 1.03 | 0.93 | ||
Standard Deviation | 15.68 | 12.75 | ||
Information Ratio | -1.09 | 0.03 |
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 |