Axis ELSS- Tax Saver Fund vs Mirae Asset ELSS Tax Saver Fund
Over the last 3 years, Mirae Asset ELSS Tax Saver Fund returned 13.6% a year against 12.4% for Axis ELSS- Tax Saver Fund (Direct plans). Mirae Asset ELSS Tax Saver Fund costs less (1.02% a year, Direct). They hold 21 stocks in common; the portfolio overlap is 37%. Data as of 5 Nov 2026.
| Axis ELSS- Tax Saver Fund | Mirae Asset ELSS Tax Saver Fund | |
|---|---|---|
| Category | ELSS | ELSS |
| Fund house | Axis Mutual Fund | Mirae Asset Mutual Fund |
| Benchmark (TRI) | Nifty 500 | Nifty 500 |
| Age | 13.8 years | 10.9 years |
| AUM | ₹32,144 cr | ₹26,128 cr |
| Direct plan | ||
| Rating | C | B |
| Expense ratio | 1.03% | 1.02% |
| 1Y return | 1.2% | -1.0% |
| 3Y return (a year) | 12.4% | 13.6% |
| 5Y return (a year) | 6.2% | 10.4% |
| 3Y vs index | +0.4% | +1.6% |
| Regular plan | ||
| Rating | C | B |
| Expense ratio | 1.74% | 1.95% |
| 1Y return | 0.5% | -1.9% |
| 3Y return (a year) | 11.6% | 12.5% |
| 5Y return (a year) | 5.4% | 9.2% |
| 3Y vs index | -0.4% | +0.5% |
| Risk and portfolio | ||
| Volatility, 3Y | 14.0% | 14.3% |
| Max fall, 5Y | -26.5% | -17.7% |
| Down capture, 3Y | 81 | 99 |
| Stocks held | 71 | 69 |
| Top 10 holdings | 37% | 41% |
Common questions
Axis ELSS- Tax Saver Fund or Mirae Asset ELSS Tax Saver Fund: which has done better?
Over the last 3 years, Mirae Asset ELSS Tax Saver Fund returned 13.6% a year against 12.4% for Axis ELSS- Tax Saver Fund (Direct plans).
How much do Axis ELSS- Tax Saver Fund and Mirae Asset ELSS Tax Saver Fund overlap?
They hold 21 stocks in common; the portfolio overlap is 37%.
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.