Compare Axis ELSS Tax Saver Direct Plan Growth vs Nippon India ELSS Tax Saver Fund Direct Growth

Compare FundsDetailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis
Axis ELSS Tax Saver Direct Plan GrowthEquity
ELSS
1.0
Nippon India ELSS Tax Saver Fund Direct GrowthEquity
ELSS
2.0
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Axis ELSS Tax Saver Direct Plan Growth

(26.1%)

Nippon India ELSS Tax Saver Fund Direct Growth

(28.5%)

Fund Details

Risk
Very High
Very High
-
Min SIP Amount
₹500
₹500
-
Expense Ratio
0.80%
1.03%
-
NAV
₹108.8 (11-Dec-2024)
₹141.6 (11-Dec-2024)
- 
Fund Started
01-Jan-2013
01-Jan-2013
-
Fund Size
₹39,253Cr
₹16,711Cr
-
Exit Load
Nil
Nil
-

Returns

1Y
26.1%
28.5%
-
3Y
9.7%
19.7%
-
5Y
16.0%
20.8%
-

Pros & Cons

Pros
1.Exit load is zero2.Lower expense ratio: 0.8%
1.Exit load is zero2.Lower expense ratio: 1.03%3.Consistently higher annualised returns than category average for the past 1Y and 3Y4.Higher alpha: 3.03 
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y 
-

Cons
1.Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y2.Lock-in period: 3Y3.Low rating: 1
1.5Y and 10Y annualised returns lower than category average2.Lock-in period: 3Y3.Low rating: 2
-

Holding Analysis

Top 5
-
-
-
Top 20
-
-
-
P/E
-
-
-
P/B
-
-
-
Turnover
-
-
-
Equity
-
-
-
Cash
-
-
-

Top Holdings

Top 10 Holdings
Name
Assets
HDFC Bank Ltd.
6.8%
Torrent Power Ltd.
5.2%
Bajaj Finance Ltd.
4.2%
ICICI Bank Ltd.
4.1%
Tata Consultancy Services Ltd.
3.6%
Bharti Airtel Ltd.
3.6%
Divi's Laboratories Ltd.
3.0%
Avenue Supermarts Ltd.
2.7%
Mahindra & Mahindra Ltd.
2.2%
Infosys Ltd.
2.2%
Name
Assets
ICICI Bank Ltd.
8.1%
HDFC Bank Ltd.
6.8%
Infosys Ltd.
4.7%
NTPC Ltd.
3.4%
Larsen & Toubro Ltd.
3.3%
State Bank of India
3.2%
Axis Bank Ltd.
2.9%
Power Finance Corporation Ltd.
2.9%
Samvardhana Motherson International Ltd.
2.7%
Reliance Industries Ltd.
2.6%
-

Fund Manager

Name
Shreyash Devalkar
Ritesh Rathod
-
Education
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Mr. Rathod has done CFA, FRM and MBA in Finance
-
Experience
Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Prior to joining Nippon India Mutual Fund, he has worked with Alchemy Capital and Mutual Fund
-

About Fund

Description
Axis Mutual Fund started their mutual fund on  04/09/2009 and its managing total assets of ₹69,145 Cr. Its ranked at 10 as per total assets at end of 30th Sep 2017.
Reliance Mutual Fund started their mutual fund on 30/06/1995 and its managing total assets of ₹2,32,169 Cr. Its ranked at 3 as per total assets at end of 30th Sep 2017.
-
Launch Date
04 Sep 2009
30 Jun 1995
-
Custodian
Deutsche Bank
Deutsche Bank
-
Registrar & Transfer Agent
KFin Tech
KFin Tech
-

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Compare Funds

Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis

Axis ELSS Tax Saver Direct Plan Growth

Nippon India ELSS Tax Saver Fund Direct Growth

Add a fund

Axis ELSS Tax Saver Direct Plan Growth

Nippon India ELSS Tax Saver Fund Direct Growth

1.Exit load is zero

2.Lower expense ratio: 0.8%

1.Exit load is zero

2.Lower expense ratio: 1.03%

3.Consistently higher annualised returns than category average for the past 1Y and 3Y

4.Higher alpha: 3.03 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

1.Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y

2.Lock-in period: 3Y

3.Low rating: 1

1.5Y and 10Y annualised returns lower than category average

2.Lock-in period: 3Y

3.Low rating: 2

Holding Analysis

Top Holdings

Popular Comparisons