HDFC ELSS - Tax Saver Fund vs Nippon India ELSS Tax Saver Fund
Over the last 3 years, HDFC ELSS - Tax Saver Fund returned 14.6% a year against 14.1% for Nippon India ELSS Tax Saver Fund (Direct plans). In falling months, HDFC ELSS - Tax Saver Fund fell less: 75% of the index's fall, against 89%. They hold 16 stocks in common; the portfolio overlap is 39%. Data as of 12 Nov 2026.
| HDFC ELSS - Tax Saver Fund | Nippon India ELSS Tax Saver Fund | |
|---|---|---|
| Category | ELSS | ELSS |
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Age | 13.9 years | 13.9 years |
| AUM on 30 Oct 2026 | ₹15,111 cr | ₹13,931 cr |
| Direct plan | ||
| Rating | B | B |
| Expense ratio | 1.19% | 1.13% |
| 1Y return | -1.1% | 3.3% |
| 3Y return (a year) | 14.6% | 14.1% |
| 5Y return (a year) | 14.1% | 11.7% |
| 3Y vs index | +2.4% | +1.9% |
| Rating score, rank | 46 · #24 of 37 | 60 · #12 of 37 |
| Regular plan | ||
| Rating | B | B |
| Expense ratio | 1.75% | 1.79% |
| 1Y return | -1.6% | 2.6% |
| 3Y return (a year) | 14.0% | 13.4% |
| 5Y return (a year) | 13.4% | 11.0% |
| 3Y vs index | +1.7% | +1.1% |
| Rating score, rank | 49 · #24 of 37 | 61 · #10 of 37 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | 100% | 100% |
| Deepest fall, 3Y | -14.8% | -20.1% |
| Volatility, 3Y | 13.2% | 14.5% |
| Max fall, 5Y | -14.8% | -20.1% |
| Down capture, 3Y | 75 | 89 |
| Stocks held | 61 | 62 |
| Top 10 holdings | 51% | 41% |
| Large / mid / small caps | 78 / 10 / 11% | 65 / 20 / 14% |
| Largest sector | Banks | Banks |
Common questions
HDFC ELSS - Tax Saver Fund or Nippon India ELSS Tax Saver Fund: which is better?
On our track-record ratings (Direct plans), HDFC ELSS - Tax Saver Fund is rated B and Nippon India ELSS Tax Saver Fund is rated B, each against its own category. Ratings describe the record so far and are not a forecast; which suits you depends on your goal and the funds you already hold.
HDFC ELSS - Tax Saver Fund or Nippon India ELSS Tax Saver Fund: which has done better?
Over the last 3 years, HDFC ELSS - Tax Saver Fund returned 14.6% a year against 14.1% for Nippon India ELSS Tax Saver Fund (Direct plans).
How much do HDFC ELSS - Tax Saver Fund and Nippon India ELSS Tax Saver Fund overlap?
They hold 16 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.
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Past performance does not guarantee future returns. This comparison is not a recommendation to buy or sell either fund.
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