Pros | ![]() Larger AUM within category. ![]() Beats FD returns for both 3Y & 5Y. | ![]() Generated Consistent Returns. ![]() Consistently beats benchmark. ![]() Lower volatility within category. | ||
Cons | - | - |
INDMoney rank | 6/23 | 3/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 9 Years | 12 Years | ||
Fund Size | 23945 Cr | 15556 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.7% | 1.11% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | Nifty 500 TR INR | Nifty 500 TR INR |
No of Holdings | 89 | 59 | ||
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%) | ICICI Bank Ltd (10.4%) HDFC Bank Ltd (10.11%) Axis Bank Ltd (9.21%) Cipla Ltd (5.01%) Kotak Mahindra Bank Ltd (4.89%) | ||
No of Sectors | 11 | 12 | ||
Top 3 Sectors | Financial Services (33.52%) Consumer Cyclical (13.89%) Industrial (11.03%) | Financial Services (46.78%) Consumer Cyclical (13.89%) Health (10.87%) | ||
Equity % | 98.39% | 92.4% | ||
Debt % | - | 0.33% | ||
P/E | 19.08 | 20.93 | ||
P/B | 2.88 | 3.11 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 4.13% | 5.25% | ||
3-Month Return | 3.29% | 6.76% | ||
6-Month Return | -1.29% | 1.38% | ||
1-Year Return | 10.81% | 16.6% | ||
3-Year Return | 15.9% | 23.44% | ||
5-Year Return | 26.57% | 29.38% |
Sharpe | 0.58 | 1.15 | ||
Alpha | 0.9 | 7.87 | ||
Beta | 0.92 | 0.82 | ||
Standard Deviation | 13.9 | 12.47 | ||
Information Ratio | 0.18 | 2.23 |
Description | Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth is an equity fund.The fund could potentially beat inflation in the long-run. | HDFC ELSS TaxSaver -Direct Plan - Growth Option is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Neelesh Surana | Roshi Jain |