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

(36.9%)

Nippon India ELSS Tax Saver Fund Direct Growth

(42.8%)

Fund Details

Risk
Very High
Very High
-
Min SIP Amount
₹500
₹500
-
Expense Ratio
0.77%
1.01%
-
NAV
₹110.2 (03-Oct-2024)
₹143.6 (03-Oct-2024)
- 
Fund Started
01-Jan-2013
01-Jan-2013
-
Fund Size
₹38,423Cr
₹16,465Cr
-
Exit Load
Nil
Nil
-

Returns

1Y
36.9%
42.8%
-
3Y
10.2%
20.5%
-
5Y
17.1%
22.3%
-

Pros & Cons

Pros
1.Exit load is zero2.Lower expense ratio: 0.77%3.10Y annualised returns higher than category average by 0.12%
1.Exit load is zero2.Lower expense ratio: 1.01%3.Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y4.Higher alpha: 2.41
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 and 5Y2.Lock-in period: 3Y3.Low rating: 1
1.10Y annualised returns lower than category average by 2.24%2.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.
5.9%
Torrent Power Ltd.
5.3%
Tata Consultancy Services Ltd.
4.7%
Bajaj Finance Ltd.
4.2%
Avenue Supermarts Ltd.
3.5%
Bharti Airtel Ltd.
3.1%
ICICI Bank Ltd.
3.0%
Divi's Laboratories Ltd.
2.6%
Mahindra & Mahindra Ltd.
2.2%
Cholamandalam Investment and Finance Company Ltd.
2.1%
Name
Assets
ICICI Bank Ltd.
7.3%
HDFC Bank Ltd.
5.9%
Infosys Ltd.
4.8%
NTPC Ltd.
3.8%
Axis Bank Ltd.
3.5%
Samvardhana Motherson International Ltd.
3.3%
State Bank of India
3.1%
Larsen & Toubro Ltd.
3.1%
Reliance Industries Ltd.
2.9%
Power Finance Corporation Ltd.
2.7%
-

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: 0.77%

3.10Y annualised returns higher than category average by 0.12%

1.Exit load is zero

2.Lower expense ratio: 1.01%

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

4.Higher alpha: 2.41 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 and 5Y

2.Lock-in period: 3Y

3.Low rating: 1

1.10Y annualised returns lower than category average by 2.24%

2.Lock-in period: 3Y

3.Low rating: 2

Holding Analysis

Top Holdings

Popular Comparisons