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 | Nippon India ELSS Tax Saver Fund Nippon India | |
|---|---|---|
| Returns | ||
| 1 year | -7.1% | -3.4% |
| 3 years, a year | +12.8% | +11.8% |
| 5 years, a year | +12.6% | +10.1% |
| Since launch, a year | +12.1% | +11.5% |
| 3-year rank in category | 7 of 37 | 11 of 37 |
| Benchmark, 3 years | +10.3% | +10.9% |
| Risk | ||
| Risk level | Very High | Very High |
| How bumpy, last year | 13.3% | 14.1% |
| Biggest fall, 3 years | -16.1% | -20.3% |
| Sharpe ratio, 3 years | 0.52 | 0.40 |
| Beta | — | 0.98 |
| Alpha, a year | — | +1.0% |
| Cost and size | ||
| Yearly cost (expense ratio) | 1.85% | 1.79% |
| Money in the fund | ₹30,299 cr | ₹14,092 cr |
| Running for | 33.6 years | 21.1 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 | Nippon India |
|---|---|---|
| ICICI Bank Ltd. | 6.5% | 7.0% |
| HDFC Bank Ltd. | 5.9% | 7.9% |
| Reliance Industries Ltd. | 4.7% | 2.8% |
| Axis Bank Ltd. | 1.8% | 4.1% |
| Bharti Airtel Ltd. | 1.8% | 2.9% |
| Kotak Mahindra Bank Ltd. | 6.8% | 1.4% |
| Samvardhana Motherson International Ltd. | 1.1% | 3.4% |
| TVS Holdings Ltd. | 1.1% | 2.3% |
| Mahindra & Mahindra Ltd. | 1.0% | 1.7% |
| Infosys Ltd. | 0.9% | 2.3% |
Both are ELSS (Tax Saver) funds, from SBI and Nippon India. SBI ELSS Tax Saver Fund manages ₹30,299 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.
Nippon India ELSS Tax Saver Fund, at 1.79% 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 Nippon India ELSS Tax Saver Fund +11.8% a year. Over one year they returned -7.1% and -3.4%. Past returns do not indicate future returns.
They hold 26.6% of the same investments, 73.0% of the same industries and 82.2% 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.