Pros | ![]() Outperformed benchmarks during bull run. ![]() 5Y returns in the top 25% of the category. ![]() Beats FD returns for both 3Y & 5Y. | ![]() Larger AUM within category. ![]() Beats FD returns for both 3Y & 5Y. | ||
Cons | ![]() Highly volatile within category. ![]() Poor track record of Recovering losses quickly. | ![]() Has not generated consistent returns. ![]() Does not beat the benchmark consistently. ![]() Highly volatile within category. |
INDMoney rank | 8/23 | 22/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 12 Years | 12 Years | ||
Fund Size | 10405 Cr | 34176 Cr | ||
Min Investment | SIP ₹500 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 0.5% | 0.77% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | Nifty 500 TR INR | Nifty 500 TR INR |
No of Holdings | 42 | 85 | ||
Top 5 Holdings | Reliance Industries Ltd (9.78%) Adani Power Ltd (6.89%) Jio Financial Services Ltd (6.49%) Larsen & Toubro Ltd (6.37%) Samvardhana Motherson International Ltd (6.31%) | 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 | 10 | 11 | ||
Top 3 Sectors | Financial Services (18.58%) Utilities (16.92%) Energy (16.57%) | Financial Services (32.49%) Consumer Cyclical (13.72%) Health (10.47%) | ||
Equity % | 97.69% | 95.44% | ||
Debt % | - | - | ||
P/E | 22.16 | 27.52 | ||
P/B | 2.52 | 4.7 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 2.81% | 1.93% | ||
3-Month Return | 1.34% | 4.19% | ||
6-Month Return | -8.91% | -1.67% | ||
1-Year Return | -7.54% | 8.14% | ||
3-Year Return | 15.89% | 11.95% | ||
5-Year Return | 36.89% | 19.16% |
Sharpe | 0.51 | 0.3 | ||
Alpha | 0.41 | -2.98 | ||
Beta | 1.1 | 1 | ||
Standard Deviation | 17.63 | 16.24 | ||
Information Ratio | 0.13 | -0.54 |
Description | Quant ELSS Tax Saver Growth Option Direct Plan 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 | Ankit A. Pande,Sanjeev Sharma | Shreyash Devalkar,Ashish Naik |