Axis ELSS- Tax Saver Fund vs HDFC ELSS - Tax Saver Fund
Over the last 3 years, HDFC ELSS - Tax Saver Fund returned 14.3% a year against 12.4% for Axis ELSS- Tax Saver Fund (Direct plans). Axis ELSS- Tax Saver Fund costs less (1.03% a year, Direct). They hold 22 stocks in common; the portfolio overlap is 40%. Data as of 5 Nov 2026.
| Axis ELSS- Tax Saver Fund | HDFC ELSS - Tax Saver Fund | |
|---|---|---|
| Category | ELSS | ELSS |
| Fund house | Axis Mutual Fund | HDFC Mutual Fund |
| Benchmark (TRI) | Nifty 500 | Nifty 500 |
| Age | 13.8 years | 13.8 years |
| AUM | ₹32,144 cr | ₹15,818 cr |
| Direct plan | ||
| Rating | C | A+ |
| Expense ratio | 1.03% | 1.20% |
| 1Y return | 1.2% | -3.8% |
| 3Y return (a year) | 12.4% | 14.3% |
| 5Y return (a year) | 6.2% | 13.9% |
| 3Y vs index | +0.4% | +2.3% |
| Regular plan | ||
| Rating | C | A+ |
| Expense ratio | 1.74% | 1.76% |
| 1Y return | 0.5% | -4.3% |
| 3Y return (a year) | 11.6% | 13.7% |
| 5Y return (a year) | 5.4% | 13.2% |
| 3Y vs index | -0.4% | +1.6% |
| Risk and portfolio | ||
| Volatility, 3Y | 14.0% | 13.0% |
| Max fall, 5Y | -26.5% | -14.8% |
| Down capture, 3Y | 81 | 75 |
| Stocks held | 71 | 61 |
| Top 10 holdings | 37% | 51% |
Common questions
Axis ELSS- Tax Saver Fund or HDFC ELSS - Tax Saver Fund: which has done better?
Over the last 3 years, HDFC ELSS - Tax Saver Fund returned 14.3% a year against 12.4% for Axis ELSS- Tax Saver Fund (Direct plans).
How much do Axis ELSS- Tax Saver Fund and HDFC ELSS - Tax Saver Fund overlap?
They hold 22 stocks in common; the portfolio overlap is 40%.
Should I hold both?
Two funds with a high overlap add little diversification. Check how they fit your goal and the rest of your portfolio; we can help.
Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.