Compare Funds

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

Axis ELSS Tax Saver Direct Plan Growth

Equity
ELSS
1.0

Nippon India ELSS Tax Saver Fund Direct Growth

Equity
ELSS
3.0

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Axis ELSS Tax Saver Direct Plan Growth

(11.2%)

Nippon India ELSS Tax Saver Fund Direct Growth

(10.2%)
1Y
3Y
5Y
Fund Details
Risk
Very High
Very High
-
Min SIP Amount
₹500
₹500
-
Expense Ratio
0.80%
1.02%
-
NAV
₹105.5 (13-May-2025)
₹135.1 (13-May-2025)
-
Fund Started
01-Jan-2013
01-Jan-2013
-
Fund Size
₹34,950Cr
₹14,782Cr
-
Exit Load
Nil
Nil
-
Returns
1Y
11.2%
10.2%
-
3Y
17.2%
21.9%
-
5Y
19.2%
27.1%
-
Pros & Cons
Pros
1.Exit load is zero
2.Lower expense ratio: 0.81%
3.1Y annualised returns higher than category average by 1.89%
1.Exit load is zero
2.Lower expense ratio: 1.02%
3.Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
4.Higher alpha: 2.54 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
-
Cons
1.3Y, 5Y and 10Y annualised returns lower than category average
2.Lock-in period: 3Y
3.Low rating: 1
1.10Y annualised returns lower than category average by 2.22%
2.Lock-in period: 3Y
-

Holding Analysis

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

Top 10 Holdings
Name
Assets
HDFC Bank Ltd.
8.4%
ICICI Bank Ltd.
5.4%
Bajaj Finance Ltd.
4.8%
Bharti Airtel Ltd.
4.2%
Torrent Power Ltd.
3.5%
Tata Consultancy Services Ltd.
3.4%
Infosys Ltd.
2.8%
Divi's Laboratories Ltd.
2.4%
Mahindra & Mahindra Ltd.
2.3%
Cholamandalam Investment and Finance Company Ltd.
2.3%
Name
Assets
ICICI Bank Ltd.
9.1%
HDFC Bank Ltd.
7.3%
Axis Bank Ltd.
4.1%
Infosys Ltd.
3.5%
NTPC Ltd.
3.5%
State Bank of India
3.2%
Reliance Industries Ltd.
3.0%
Larsen & Toubro Ltd.
2.9%
Bharti Airtel Ltd. - (Partly Paid up Equity Shares (Rights Issue))
2.9%
Power Finance Corporation Ltd.
2.5%
-
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)
-
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.
-
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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