Compare Funds

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

Axis ELSS Tax Saver Direct Plan Growth

Equity
ELSS
1.0
INVEST NOW

Nippon India ELSS Tax Saver Fund Direct Growth

Equity
ELSS
2.0
INVEST NOW

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Axis ELSS Tax Saver Direct Plan Growth

(28.6%)

Nippon India ELSS Tax Saver Fund Direct Growth

(38.1%)
1Y
3Y
5Y
Fund Details
RiskVery HighVery High-
Min SIP Amount₹500₹500-
Expense Ratio0.80%1.07%-
NAV₹89.9 (21-Feb-2024)₹117.8 (21-Feb-2024)-
Fund Started01-Jan-201301-Jan-2013-
Fund Size₹33,526Cr₹14,166Cr-
Exit LoadNilNil-
Returns
1Y
28.6%
38.1%
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3Y
9.8%
21.3%
-
5Y
15.5%
17.4%
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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 0.62%
1. Exit load is zero
2. Lower expense ratio: 1.07%
3. Consistently higher annualised returns than category average for the past 1Y and 3Y
4. Higher alpha: 2.96 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 and 10Y annualised returns lower than category average
2. Lock-in period: 3Y
3. Low rating: 2
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Holding Analysis

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

Top 10 Holdings
Name
Assets
Tata Consultancy Services Ltd.
7.1%
Bajaj Finance Ltd.
6.3%
Torrent Power Ltd.
6.1%
Avenue Supermarts Ltd.
5.5%
Nestle India Ltd.
5.1%
Info Edge (India) Ltd.
4.8%
HDFC Bank Ltd.
4.5%
Divi's Laboratories Ltd.
4.0%
Pidilite Industries Ltd.
3.9%
Cholamandalam Investment and Finance Company Ltd.
3.7%
Name
Assets
ICICI Bank Ltd.
7.1%
HDFC Bank Ltd.
6.9%
Infosys Ltd.
4.8%
Axis Bank Ltd.
3.7%
NTPC Ltd.
3.6%
Reliance Industries Ltd.
3.2%
State Bank of India
3.1%
Larsen & Toubro Ltd.
2.9%
Samvardhana Motherson International Ltd.
2.5%
Tata Motors Ltd.
2.4%
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Fund Manager
Name
Shreyash Devalkar
Rupesh Patel
-
Education
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
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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 Nippon India Mutual Fund, he has worked with Tata Asset Management Limited, Indiareit Fund Advisors Pvt. Ltd. and Credit Analysis & Research 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.

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.

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Launch Date

04 Sep 2009

30 Jun 1995

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Custodian

Deutsche Bank

Deutsche Bank

-

Registrar & Transfer Agent

KFin Tech

KFin Tech

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