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.
| Mirae Asset ELSS Tax Saver Fund Mirae Asset | HDFC ELSS - Tax Saver Fund HDFC | |
|---|---|---|
| Returns | ||
| 1 year | -5.3% | -7.5% |
| 3 years, a year | +11.4% | +12.6% |
| 5 years, a year | +8.6% | +12.6% |
| Since launch, a year | +15.6% | +11.9% |
| 3-year rank in category | 13 of 37 | 9 of 37 |
| Benchmark, 3 years | +10.9% | +10.9% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 14.7% | 13.4% |
| Biggest fall, 3 years | -17.5% | -15.0% |
| Sharpe ratio, 3 years | 0.39 | 0.53 |
| Beta | 0.96 | 0.82 |
| Alpha, a year | +0.8% | +2.6% |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.95% | 1.76% |
| Money in the fund | ₹24,610 cr | ₹15,248 cr |
| Running for | 10.9 years | 30.6 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 | Mirae Asset | HDFC |
|---|---|---|
| HDFC Bank Ltd. | 8.8% | 7.9% |
| ICICI Bank Ltd. | 5.2% | 9.1% |
| State Bank of India | 4.1% | 4.5% |
| Axis Bank Ltd. | 3.7% | 6.6% |
| Bharti Airtel Ltd. | 3.6% | 4.5% |
| Reliance Industries Ltd. | 4.3% | 2.6% |
| SBI Life Insurance Co. Ltd. | 1.9% | 3.2% |
| Maruti Suzuki India Ltd. | 1.7% | 4.4% |
| Interglobe Aviation Ltd. | 1.8% | 1.4% |
| Larsen & Toubro Ltd. | 1.3% | 1.6% |
Both are ELSS (Tax Saver) funds, from Mirae Asset and HDFC. Mirae Asset ELSS Tax Saver Fund manages ₹24,610 cr and HDFC ELSS - Tax Saver Fund ₹15,248 cr. The table on this page sets out their returns, risk, costs and holdings side by side.
HDFC ELSS - Tax Saver Fund, at 1.76% a year, against 1.95% for Mirae Asset ELSS Tax Saver Fund.
Over three years, Mirae Asset ELSS Tax Saver Fund returned +11.4% a year and HDFC ELSS - Tax Saver Fund +12.6% a year. Over one year they returned -5.3% and -7.5%. Past returns do not indicate future returns.
They hold 39.5% of the same investments, 69.2% of the same industries and 79.6% 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.