Pros | ![]() Larger AUM within category. ![]() Beats FD returns for both 3Y & 5Y. | ![]() Generated Consistent Returns. ![]() Consistently beats benchmark. ![]() Lower probablity of downside risk. | ||
Cons | - | - |
INDMoney rank | 6/23 | 2/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 9 Years | 12 Years | ||
Fund Size | 23945 Cr | 27730 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.7% | 0.95% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | Nifty 500 TR INR | BSE 500 India TR INR |
No of Holdings | 89 | 64 | ||
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 (9.42%) Reliance Industries Ltd (5.18%) ICICI Bank Ltd (3.61%) Bharti Airtel Ltd (3.48%) Tata Steel Ltd (3.21%) | ||
No of Sectors | 11 | 11 | ||
Top 3 Sectors | Financial Services (33.52%) Consumer Cyclical (13.89%) Industrial (11.03%) | Financial Services (30.02%) Tech (11.31%) Energy (10.23%) | ||
Equity % | 98.39% | 90.97% | ||
Debt % | - | - | ||
P/E | 19.08 | 12.07 | ||
P/B | 2.88 | 2.84 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 3.41% | 2.14% | ||
3-Month Return | 3.33% | 1.96% | ||
6-Month Return | -1.86% | -3.86% | ||
1-Year Return | 10.51% | 10.33% | ||
3-Year Return | 15.63% | 24.61% | ||
5-Year Return | 26.69% | 30.41% |
Sharpe | 0.58 | 1.14 | ||
Alpha | 0.9 | 9.21 | ||
Beta | 0.92 | 0.94 | ||
Standard Deviation | 13.9 | 14.49 | ||
Information Ratio | 0.18 | 2.76 |
Description | Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth is an equity fund.The fund could potentially beat inflation in the long-run. | SBI Long Term Equity Fund Direct Growth is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Neelesh Surana | Dinesh Balachandran |