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 | HDFC ELSS - Tax Saver Fund HDFC | |
|---|---|---|
| Returns | ||
| 1 year | -7.1% | -7.5% |
| 3 years, a year | +12.8% | +12.6% |
| 5 years, a year | +12.6% | +12.6% |
| Since launch, a year | +12.1% | +11.9% |
| 3-year rank in category | 7 of 37 | 9 of 37 |
| Benchmark, 3 years | +10.3% | +10.9% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 13.3% | 13.4% |
| Biggest fall, 3 years | -16.1% | -15.0% |
| Sharpe ratio, 3 years | 0.52 | 0.53 |
| Beta | — | 0.82 |
| Alpha, a year | — | +2.6% |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.85% | 1.76% |
| Money in the fund | ₹30,299 cr | ₹15,248 cr |
| Running for | 33.6 years | 30.6 years |
| Minimum SIP | — | ₹500 |
| 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 | HDFC |
|---|---|---|
| ICICI Bank Ltd. | 6.5% | 9.1% |
| HDFC Bank Ltd. | 5.9% | 7.9% |
| Kotak Mahindra Bank Ltd. | 6.8% | 4.9% |
| Reliance Industries Ltd. | 4.7% | 2.6% |
| Axis Bank Ltd. | 1.8% | 6.6% |
| Bharti Airtel Ltd. | 1.8% | 4.5% |
| Larsen & Toubro Ltd. | 2.8% | 1.6% |
| Maruti Suzuki India Ltd. | 1.2% | 4.4% |
| Britannia Industries Ltd. | 1.2% | 1.7% |
| Cipla Ltd. | 2.1% | 1.1% |
Both are ELSS (Tax Saver) funds, from SBI and HDFC. SBI ELSS Tax Saver Fund manages ₹30,299 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 1.85% for SBI ELSS Tax Saver Fund.
Over three years, SBI ELSS Tax Saver Fund returned +12.8% a year and HDFC ELSS - Tax Saver Fund +12.6% a year. Over one year they returned -7.1% and -7.5%. Past returns do not indicate future returns.
They hold 37.9% of the same investments, 61.8% of the same industries and 79.2% 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.