Pros | ![]() Consistently beats benchmark. ![]() Lower volatility within category. ![]() Lower probablity of downside risk. | ![]() Larger AUM within category. ![]() Beats FD returns for both 3Y & 5Y. | ||
Cons | ![]() Underperforms benchmarks during bull run. | ![]() Has not generated consistent returns. ![]() Does not beat the benchmark consistently. ![]() Highly volatile within category. |
INDMoney rank | 1/23 | 22/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 5 Years | 12 Years | ||
Fund Size | 5294 Cr | 35358 Cr | ||
Min Investment | SIP ₹1000 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.62% | 0.8% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | Nifty 500 TR INR | Nifty 500 TR INR |
No of Holdings | 49 | 89 | ||
Top 5 Holdings | Bajaj Holdings and Investment Ltd (8.59%) HDFC Bank Ltd (8.18%) Maharashtra Scooters Ltd (6.34%) Coal India Ltd (6.05%) Power Grid Corp Of India Ltd (5.96%) | 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%) | ||
No of Sectors | 12 | 11 | ||
Top 3 Sectors | Corporate (45.05%) Financial Services (36.75%) Consumer Cyclical (18.14%) | Financial Services (31.71%) Consumer Cyclical (14.56%) Industrial (11.04%) | ||
Equity % | 82.33% | 95.91% | ||
Debt % | 0.99% | - | ||
P/E | 19.73 | 30.03 | ||
P/B | 2.34 | 5.02 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 3.67% | 2.87% | ||
3-Month Return | 11.01% | 10.87% | ||
6-Month Return | 6.14% | 3.3% | ||
1-Year Return | 11.03% | 6.36% | ||
3-Year Return | 23.89% | 18.85% | ||
5-Year Return | 26.69% | 18.28% |
Sharpe | 1.62 | 0.86 | ||
Alpha | 6.58 | -1.11 | ||
Beta | 0.64 | 0.96 | ||
Standard Deviation | 9.79 | 14.77 | ||
Information Ratio | 0.35 | -0.35 |
Description | Parag Parikh ELSS Tax Saver Fund Direct Growth is an equity fund.The fund could potentially beat inflation in the long-run. | Axis ELSS Tax Saver Fund Direct Plan Growth Option is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Raj Mehta,Raunak Onkar,Rajeev Thakkar | Shreyash Devalkar,Ashish Naik |