Compare Nippon India ELSS Tax Saver Fund Direct Growth vs Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth

Compare FundsDetailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis
Nippon India ELSS Tax Saver Fund Direct GrowthEquity
ELSS
2.0
INVEST NOW
Aditya Birla Sun Life ELSS Tax Relief 96 Direct GrowthEquity
ELSS
1.0
INVEST NOW
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Nippon India ELSS Tax Saver Fund Direct Growth

(17.4%)

Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth

(10.0%)

Fund Details

Risk	Very High	Very High	-
Min SIP Amount	₹500	₹500	-
Expense Ratio	1.03%	0.93%	-
NAV	₹106.2 (01-Dec-2023)	₹51.0 (01-Dec-2023)	-
Fund Started	01-Jan-2013	01-Jan-2013	-
Fund Size	₹12,323Cr	₹13,536Cr	-
Exit Load	Nil	Nil	-

Returns

1Y
17.4%
10.0%
-
3Y
24.4%
11.0%
-
5Y
13.5%
9.7%
-

Pros & Cons

Pros
1. Exit load is zero2. Lower expense ratio: 1.03%3. Consistently higher annualised returns than category average for the past 1Y and 3Y4. Higher alpha: 3.51
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y 
1. Exit load is zero2. Lower expense ratio: 0.93%
-

Cons
1. 5Y annualised returns lower than category average by 2.1%2. Lock-in period: 3Y3. Low rating: 2
1. Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y2. Lock-in period: 3Y3. Low rating: 1
-

Holding Analysis

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

Top Holdings

Top 10 Holdings
Name
Assets
HDFC Bank Ltd.
8.4%
ICICI Bank Ltd.
7.4%
Infosys Ltd.
4.9%
Axis Bank Ltd.
4.3%
State Bank of India
3.9%
NTPC Ltd.
3.1%
Reliance Industries Ltd.
3.0%
Larsen & Toubro Ltd.
2.8%
Samvardhana Motherson International Ltd.
2.3%
KSB Ltd.
2.2%
Name
Assets
ICICI Bank Ltd.
8.1%
HDFC Bank Ltd.
6.9%
Reliance Industries Ltd.
5.3%
Infosys Ltd.
4.6%
Larsen & Toubro Ltd.
4.5%
Honeywell Automation India Ltd.
3.9%
State Bank of India
3.5%
Fortis Healthcare Ltd.
2.6%
Gillette India Ltd.
2.6%
Shoppers Stop Ltd.
2.5%
-

Fund Manager

Name
Rupesh Patel
Atul Penkar
-
Education
Mr. Rupesh is a B.E.(Civil) and MBA (Finance)
Mr.Penkar is a B.E. (Mechanical) and an MMS.
-
Experience
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.
Prior to joining Aditya Birla Sun Life AMC, he was with Emkay Shares & Stock Brokers Ltd.
-

About Fund

Description
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.
Birla Sun Life Mutual Fund started their mutual fund on 23/12/1994 and its managing total assets of ₹2,24,938 Cr. Its ranked at 4 as per total assets at end of 30th Sep 2017.
-
Launch Date
30 Jun 1995
23 Dec 1994
-
Custodian
Deutsche Bank
Citibank NA
-
Registrar & Transfer Agent
KFin Tech
Cams
-

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Compare Funds

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

Nippon India ELSS Tax Saver Fund Direct Growth

Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth

Add a fund

Nippon India ELSS Tax Saver Fund Direct Growth

Aditya Birla Sun Life ELSS Tax Relief 96 Direct Growth

1. Exit load is zero

2. Lower expense ratio: 1.03%

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

4. Higher alpha: 3.51 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

1. Exit load is zero

2. Lower expense ratio: 0.93%

1. 5Y annualised returns lower than category average by 2.1%

2. Lock-in period: 3Y

3. Low rating: 2

1. Consistently lower annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y

2. Lock-in period: 3Y

3. Low rating: 1

Holding Analysis

Top Holdings

Popular Comparisons