Axis ELSS- Tax Saver Fund vs SBI ELSS Tax Saver Fund
Over the last 3 years, SBI ELSS Tax Saver Fund returned 14.7% 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 27 stocks in common; the portfolio overlap is 39%. Data as of 5 Nov 2026.
| Axis ELSS- Tax Saver Fund | SBI ELSS Tax Saver Fund | |
|---|---|---|
| Category | ELSS | ELSS |
| Fund house | Axis Mutual Fund | SBI Mutual Fund |
| Benchmark (TRI) | Nifty 500 | Nifty 500 |
| Age | 13.8 years | 13.8 years |
| AUM | ₹32,144 cr | ₹31,724 cr |
| Direct plan | ||
| Rating | C | A |
| Expense ratio | 1.03% | 1.22% |
| 1Y return | 1.2% | -3.3% |
| 3Y return (a year) | 12.4% | 14.7% |
| 5Y return (a year) | 6.2% | 14.1% |
| 3Y vs index | +0.4% | +2.7% |
| Regular plan | ||
| Rating | C | A+ |
| Expense ratio | 1.74% | 1.83% |
| 1Y return | 0.5% | -3.9% |
| 3Y return (a year) | 11.6% | 14.0% |
| 5Y return (a year) | 5.4% | 13.3% |
| 3Y vs index | -0.4% | +1.9% |
| Risk and portfolio | ||
| Volatility, 3Y | 14.0% | 13.8% |
| Max fall, 5Y | -26.5% | -16.7% |
| Down capture, 3Y | 81 | 81 |
| Stocks held | 71 | 87 |
| Top 10 holdings | 37% | 39% |
Common questions
Axis ELSS- Tax Saver Fund or SBI ELSS Tax Saver Fund: which has done better?
Over the last 3 years, SBI ELSS Tax Saver Fund returned 14.7% a year against 12.4% for Axis ELSS- Tax Saver Fund (Direct plans).
How much do Axis ELSS- Tax Saver Fund and SBI ELSS Tax Saver Fund overlap?
They hold 27 stocks in common; the portfolio overlap is 39%.
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.