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
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%)
1Y
3Y
5Y
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 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
-
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
1.10Y annualised returns lower than category average by 2.24%
2.Lock-in period: 3Y
3.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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