HDFC ELSS - Tax Saver Fund vs Mirae Asset ELSS Tax Saver Fund
Over the last 3 years, HDFC ELSS - Tax Saver Fund returned 14.3% a year against 13.6% for Mirae Asset ELSS Tax Saver Fund (Direct plans). Mirae Asset ELSS Tax Saver Fund costs less (1.02% a year, Direct). They hold 18 stocks in common; the portfolio overlap is 39%. Data as of 5 Nov 2026.
| HDFC ELSS - Tax Saver Fund | Mirae Asset ELSS Tax Saver Fund | |
|---|---|---|
| Category | ELSS | ELSS |
| Fund house | HDFC Mutual Fund | Mirae Asset Mutual Fund |
| Benchmark (TRI) | Nifty 500 | Nifty 500 |
| Age | 13.8 years | 10.9 years |
| AUM | ₹15,818 cr | ₹26,128 cr |
| Direct plan | ||
| Rating | A+ | B |
| Expense ratio | 1.20% | 1.02% |
| 1Y return | -3.8% | -1.0% |
| 3Y return (a year) | 14.3% | 13.6% |
| 5Y return (a year) | 13.9% | 10.4% |
| 3Y vs index | +2.3% | +1.6% |
| Regular plan | ||
| Rating | A+ | B |
| Expense ratio | 1.76% | 1.95% |
| 1Y return | -4.3% | -1.9% |
| 3Y return (a year) | 13.7% | 12.5% |
| 5Y return (a year) | 13.2% | 9.2% |
| 3Y vs index | +1.6% | +0.5% |
| Risk and portfolio | ||
| Volatility, 3Y | 13.0% | 14.3% |
| Max fall, 5Y | -14.8% | -17.7% |
| Down capture, 3Y | 75 | 99 |
| Stocks held | 61 | 69 |
| Top 10 holdings | 51% | 41% |
Common questions
HDFC ELSS - Tax Saver Fund or Mirae Asset ELSS Tax Saver Fund: which has done better?
Over the last 3 years, HDFC ELSS - Tax Saver Fund returned 14.3% a year against 13.6% for Mirae Asset ELSS Tax Saver Fund (Direct plans).
How much do HDFC ELSS - Tax Saver Fund and Mirae Asset ELSS Tax Saver Fund overlap?
They hold 18 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.