Pros | ![]() Larger AUM within 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 | 5/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 12 Years | 9 Years | ||
Fund Size | 35358 Cr | 25567 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.8% | 0.59% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | Nifty 500 TR INR | Nifty 500 TR INR |
No of Holdings | 89 | 84 | ||
Top 5 Holdings | HDFC Bank Ltd (8.35%) ICICI Bank Ltd (5.93%) Bajaj Finance Ltd (4.23%) Bharti Airtel Ltd (4.13%) Tata Consultancy Services Ltd (3.04%) | HDFC Bank Ltd (9.45%) Axis Bank Ltd (5.3%) ICICI Bank Ltd (4.32%) State Bank of India (3.89%) Infosys Ltd (3.74%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (31.71%) Consumer Cyclical (14.56%) Industrial (11.04%) | Financial Services (32.88%) Consumer Cyclical (14.71%) Industrial (9.71%) | ||
Equity % | 95.91% | 99.37% | ||
Debt % | - | - | ||
P/E | 30.03 | 22.64 | ||
P/B | 5.02 | 3.18 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 2.95% | 3.76% | ||
3-Month Return | 9.1% | 11.92% | ||
6-Month Return | 2.91% | 4.77% | ||
1-Year Return | 7.15% | 7.74% | ||
3-Year Return | 19.2% | 22.11% | ||
5-Year Return | 18.27% | 25.12% |
Sharpe | 0.86 | 1.1 | ||
Alpha | -1.11 | 1.13 | ||
Beta | 0.96 | 0.93 | ||
Standard Deviation | 14.77 | 13.3 | ||
Information Ratio | -0.35 | 0.11 |
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 | Ashish Naik,Shreyash Devalkar | Neelesh Surana |