ICICI Prudential ELSS - Tax Saver Fund vs Mirae Asset ELSS Tax Saver Fund
Over the last 3 years, Mirae Asset ELSS Tax Saver Fund returned 14.1% a year against 12.8% for ICICI Prudential ELSS - Tax Saver Fund (Direct plans). Mirae Asset ELSS Tax Saver Fund was the more consistent: ahead of its index in 69% of rolling 3-year periods, against 52%. In falling months, ICICI Prudential ELSS - Tax Saver Fund fell less: 84% of the index's fall, against 99%. They hold 23 stocks in common; the portfolio overlap is 39%. Data as of 12 Nov 2026.
| ICICI Prudential ELSS - Tax Saver Fund | Mirae Asset ELSS Tax Saver Fund | |
|---|---|---|
| Category | ELSS | ELSS |
| Fund house | ICICI Prudential Mutual Fund | Mirae Asset Mutual Fund |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| Age | 13.9 years | 10.9 years |
| AUM on 30 Oct 2026 | ₹13,244 cr | ₹24,296 cr |
| Direct plan | ||
| Rating | B | B |
| Expense ratio | 1.21% | 1.01% |
| 1Y return | 0.7% | 1.7% |
| 3Y return (a year) | 12.8% | 14.1% |
| 5Y return (a year) | 9.8% | 10.7% |
| 3Y vs index | +0.6% | +1.9% |
| Rating score, rank | 43 · #26 of 37 | 54 · #17 of 37 |
| Regular plan | ||
| Rating | B | B |
| Expense ratio | 1.78% | 1.94% |
| 1Y return | 0.1% | 0.8% |
| 3Y return (a year) | 12.2% | 13.0% |
| 5Y return (a year) | 9.1% | 9.6% |
| 3Y vs index | -0.1% | +0.8% |
| Rating score, rank | 45 · #26 of 37 | 55 · #17 of 37 |
| Consistency, risk and portfolio | ||
| Ahead of index, rolling 3Y periods | 52% | 69% |
| Deepest fall, 3Y | -17.6% | -17.1% |
| Volatility, 3Y | 13.5% | 14.5% |
| Max fall, 5Y | -17.6% | -17.7% |
| Down capture, 3Y | 84 | 99 |
| Stocks held | 85 | 69 |
| Top 10 holdings | 52% | 41% |
| Large / mid / small caps | 72 / 6 / 17% | 58 / 21 / 19% |
| Largest sector | Banks | Banks |
Common questions
ICICI Prudential ELSS - Tax Saver Fund or Mirae Asset ELSS Tax Saver Fund: which is better?
On our track-record ratings (Direct plans), ICICI Prudential ELSS - Tax Saver Fund is rated B and Mirae Asset 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.
ICICI Prudential 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 14.1% a year against 12.8% for ICICI Prudential ELSS - Tax Saver Fund (Direct plans).
How much do ICICI Prudential ELSS - Tax Saver Fund and Mirae Asset ELSS Tax Saver Fund overlap?
They hold 23 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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