Two of the largest ELSS (Tax Saver) funds side by side: returns, risk, cost, size and what they hold. Prices as of 3 Nov 2026.
Past returns do not tell you future returns.
| DSP ELSS Tax Saver Fund DSP | Nippon India ELSS Tax Saver Fund Nippon India | |
|---|---|---|
| Returns | ||
| 1 year | -5.2% | -3.4% |
| 3 years, a year | +12.6% | +11.8% |
| 5 years, a year | +10.1% | +10.1% |
| Since launch, a year | +13.8% | +11.5% |
| 3-year rank in category | 8 of 37 | 11 of 37 |
| Benchmark, 3 years | +10.9% | +10.9% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 14.3% | 14.1% |
| Biggest fall, 3 years | -16.5% | -20.3% |
| Sharpe ratio, 3 years | 0.47 | 0.40 |
| Beta | 0.95 | 0.98 |
| Alpha, a year | +2.0% | +1.0% |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.78% | 1.79% |
| Money in the fund | ₹15,787 cr | ₹14,092 cr |
| Running for | 19.8 years | 21.1 years |
| Minimum SIP | — | ₹500 |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
Past returns do not indicate future returns. Each fund page has the full detail.
The five largest holdings of each, from the latest monthly portfolios
Overlap is the part of the two portfolios that is the same, by weight: 100% would be identical.
What they share, by industry and sector
| Holding | DSP | Nippon India |
|---|---|---|
| HDFC Bank Limited | 9.0% | 7.9% |
| ICICI Bank Limited | 9.7% | 7.0% |
| Axis Bank Limited | 8.0% | 4.1% |
| State Bank of India | 5.6% | 3.3% |
| Bharti Airtel Limited | 3.4% | 2.9% |
| Reliance Industries Limited | 2.8% | 2.8% |
| Infosys Limited | 2.3% | 2.3% |
| NTPC Limited | 1.9% | 3.2% |
| Mahindra & Mahindra Limited | 2.4% | 1.7% |
| Samvardhana Motherson International Limited | 1.6% | 3.4% |
Both are ELSS (Tax Saver) funds, from DSP and Nippon India. DSP ELSS Tax Saver Fund manages ₹15,787 cr and Nippon India ELSS Tax Saver Fund ₹14,092 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
DSP ELSS Tax Saver Fund, at 1.78% a year, against 1.79% for Nippon India ELSS Tax Saver Fund.
Over three years, DSP ELSS Tax Saver Fund returned +12.6% a year and Nippon India ELSS Tax Saver Fund +11.8% a year. Over one year they returned -5.2% and -3.4%. Past returns do not indicate future returns.
They hold 42.7% of the same investments, 62.6% of the same industries and 78.0% of the same sectors, by weight, in their latest monthly portfolios.
To set a third or fourth fund alongside, open these two in Compare and add more.