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 | 6/23 | 22/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 9 Years | 12 Years | ||
Fund Size | 23945 Cr | 34176 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.7% | 0.77% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | Nifty 500 TR INR | Nifty 500 TR INR |
No of Holdings | 89 | 85 | ||
Top 5 Holdings | HDFC Bank Ltd (9.21%) Axis Bank Ltd (5.39%) ICICI Bank Ltd (4.64%) State Bank of India (3.95%) Infosys Ltd (3.46%) | HDFC Bank Ltd (8.37%) ICICI Bank Ltd (5.44%) Bajaj Finance Ltd (4.76%) Bharti Airtel Ltd (4.18%) Torrent Power Ltd (3.49%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (33.52%) Consumer Cyclical (13.89%) Industrial (11.03%) | Financial Services (32.49%) Consumer Cyclical (13.72%) Health (10.47%) | ||
Equity % | 98.39% | 95.44% | ||
Debt % | - | - | ||
P/E | 19.08 | 27.52 | ||
P/B | 2.88 | 4.7 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 4.13% | 4.19% | ||
3-Month Return | 3.29% | 5.12% | ||
6-Month Return | -1.29% | -0.83% | ||
1-Year Return | 10.81% | 10.36% | ||
3-Year Return | 15.9% | 12.16% | ||
5-Year Return | 26.57% | 19.04% |
Sharpe | 0.58 | 0.3 | ||
Alpha | 0.9 | -2.98 | ||
Beta | 0.92 | 1 | ||
Standard Deviation | 13.9 | 16.24 | ||
Information Ratio | 0.18 | -0.54 |
Description | Mirae Asset ELSS Tax Saver Fund -Direct Plan-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 | Neelesh Surana | Shreyash Devalkar,Ashish Naik |