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.
| SBI ELSS Tax Saver Fund SBI | DSP ELSS Tax Saver Fund DSP | |
|---|---|---|
| Returns | ||
| 1 year | -7.1% | -5.2% |
| 3 years, a year | +12.8% | +12.6% |
| 5 years, a year | +12.6% | +10.1% |
| Since launch, a year | +12.1% | +13.8% |
| 3-year rank in category | 7 of 37 | 8 of 37 |
| Benchmark, 3 years | +10.3% | +10.9% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 13.3% | 14.3% |
| Biggest fall, 3 years | -16.1% | -16.5% |
| Sharpe ratio, 3 years | 0.52 | 0.47 |
| Beta | — | 0.95 |
| Alpha, a year | — | +2.0% |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.85% | 1.78% |
| Money in the fund | ₹30,299 cr | ₹15,787 cr |
| Running for | 33.6 years | 19.8 years |
| Minimum SIP | — | — |
| Benchmark | BSE 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 | SBI | DSP |
|---|---|---|
| ICICI Bank Ltd. | 6.5% | 9.7% |
| HDFC Bank Ltd. | 5.9% | 9.0% |
| Kotak Mahindra Bank Ltd. | 6.8% | 3.9% |
| Reliance Industries Ltd. | 4.7% | 2.8% |
| Cipla Ltd. | 2.1% | 1.9% |
| Axis Bank Ltd. | 1.8% | 8.0% |
| Bharti Airtel Ltd. | 1.8% | 3.4% |
| Sun Pharmaceutical Industries Ltd. | 1.6% | 1.7% |
| Larsen & Toubro Ltd. | 2.8% | 1.5% |
| Asian Paints Ltd. | 1.3% | 1.2% |
Both are ELSS (Tax Saver) funds, from SBI and DSP. SBI ELSS Tax Saver Fund manages ₹30,299 cr and DSP ELSS Tax Saver Fund ₹15,787 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 1.85% for SBI ELSS Tax Saver Fund.
Over three years, SBI ELSS Tax Saver Fund returned +12.8% a year and DSP ELSS Tax Saver Fund +12.6% a year. Over one year they returned -7.1% and -5.2%. Past returns do not indicate future returns.
They hold 37.9% of the same investments, 70.5% of the same industries and 80.0% 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.