Compare Funds

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

Axis ELSS Tax Saver Direct Plan Growth

Equity
ELSS
1.0
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HSBC ELSS Tax Saver Fund Direct Growth

Equity
ELSS
2.0
INVEST NOW

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Axis ELSS Tax Saver Direct Plan Growth

(27.6%)

HSBC ELSS Tax Saver Fund Direct Growth

(42.0%)
1Y
3Y
5Y
Fund Details
RiskVery HighVery High-
Min SIP Amount₹500₹1,000-
Expense Ratio0.80%1.09%-
NAV₹96.4 (29-May-2024)₹128.6 (29-May-2024)-
Fund Started01-Jan-201301-Jan-2013-
Fund Size₹35,642Cr₹3,889Cr-
Exit LoadNilNil-
Returns
1Y
27.6%
42.0%
-
3Y
11.3%
20.0%
-
5Y
14.5%
17.7%
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Pros & Cons
Pros
1.Exit load is zero
2.Lower expense ratio: 0.8%
3.10Y annualised returns higher than category average by 0.61%
1.Exit load is zero
2.Lower expense ratio: 1.09%
3.Consistently higher annualised returns than category average for the past 1Y and 3Y
4.Higher alpha: 1.55 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
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Cons
1.Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
2.Lock-in period: 3Y
3.Low rating: 1
1.5Y annualised returns lower than category average by 0.25%
2.Lock-in period: 3Y
3.Low rating: 2
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Holding Analysis

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

Top 10 Holdings
Name
Assets
Torrent Power Ltd.
7.1%
Tata Consultancy Services Ltd.
5.9%
Avenue Supermarts Ltd.
5.7%
Bajaj Finance Ltd.
5.1%
HDFC Bank Ltd.
4.7%
Pidilite Industries Ltd.
4.4%
Info Edge (India) Ltd.
3.5%
Nestle India Ltd.
3.4%
Divi's Laboratories Ltd.
3.2%
Cholamandalam Investment and Finance Company Ltd.
3.0%
Name
Assets
Larsen & Toubro Ltd.
4.6%
Reliance Industries Ltd.
4.3%
HDFC Bank Ltd.
3.8%
ICICI Bank Ltd.
3.4%
CG Power and Industrial Solutions Ltd.
3.1%
Persistent Systems Ltd.
3.0%
KPIT Technologies Ltd.
2.7%
Infosys Ltd.
2.5%
Trent Ltd.
2.1%
Zomato Ltd.
2.1%
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Fund Manager
Name
Shreyash Devalkar
Gautam Bhupal
-
Education
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
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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 HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.
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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.

HSBC Mutual Fund started their mutual fund on 27/05/2002 and its managing total assets of Rs. 10,912 Cr. Its ranked at 23 as per total assets at end of 30th Sep 2017.

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Launch Date

04 Sep 2009

27 May 2002

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Custodian

Deutsche Bank

Citibank NA

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Registrar & Transfer Agent

KFin Tech

Cams

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