Top 5 Best Tax Saving ELSS Mutual Funds for FY 26 - 27

Updated on June 8, 2026 , 9778 views

Best elss Funds or Equity Linked Savings Schemes (Tax Saving) are equity diversified Mutual Funds that majorly invest in equity-linked instruments (like shares and stocks) to provide market-linked returns. Typically, 80% of the fund corpus is invested in equity and the remaining in debt instruments.

Best ELSS funds are also known as the tax saving Mutual Funds as they offer tax benefits under Section 80C of the income tax Act. Moreover, the ELSS Mutual Funds are open-ended, which means that the investors can subscribe in these funds as and when they want.

However, before Investing in these tax saving Mutual Funds, it is suggested to consider a list of best ELSS funds.

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Fund Selection Methodology used to find 5 funds

Sub-category: ELSS
AUM Range: 250 to 2000 Cr
Sorted On : 5-year return (high to low)
No Of Funds: 5

Top 5 ELSS Funds To Invest In FY 26 - 27

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2025 (%)
HDFC Long Term Advantage Fund Growth	₹595.168 ↑ 0.28	₹1,318	1.2	15.4	35.5	20.6	17.4
BOI AXA Tax Advantage Fund Growth	₹158.88 ↓ -0.21	₹1,403	2	1.1	-2.8	14.5	12.5	-3.5
BNP Paribas Long Term Equity Fund (ELSS) Growth	₹94.0031 ↓ -0.51	₹887	0.2	-4.7	-0.8	15.2	11.5	4.8
Edelweiss Long Term Equity Fund Growth	₹108.49 ↓ -1.06	₹437	-0.5	-4.4	-2.1	12.8	11.5	6.7
IDBI Equity Advantage Fund Growth	₹43.39 ↑ 0.04	₹485	9.7	15.1	16.9	20.8	10
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Jan 22

Research Highlights & Commentary of 5 Funds showcased

Commentary	HDFC Long Term Advantage Fund	BOI AXA Tax Advantage Fund	BNP Paribas Long Term Equity Fund (ELSS)	Edelweiss Long Term Equity Fund	IDBI Equity Advantage Fund
Point 1	Upper mid AUM (₹1,318 Cr).	Highest AUM (₹1,403 Cr).	Lower mid AUM (₹887 Cr).	Bottom quartile AUM (₹437 Cr).	Bottom quartile AUM (₹485 Cr).
Point 2	Oldest track record among peers (25 yrs).	Established history (17+ yrs).	Established history (20+ yrs).	Established history (17+ yrs).	Established history (12+ yrs).
Point 3	Top rated.	Rating: 3★ (upper mid).	Rating: 3★ (lower mid).	Rating: 2★ (bottom quartile).	Rating: 3★ (bottom quartile).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.
Point 5	5Y return: 17.39% (top quartile).	5Y return: 12.48% (upper mid).	5Y return: 11.52% (lower mid).	5Y return: 11.49% (bottom quartile).	5Y return: 9.97% (bottom quartile).
Point 6	3Y return: 20.64% (upper mid).	3Y return: 14.49% (bottom quartile).	3Y return: 15.22% (lower mid).	3Y return: 12.79% (bottom quartile).	3Y return: 20.84% (top quartile).
Point 7	1Y return: 35.51% (top quartile).	1Y return: -2.75% (bottom quartile).	1Y return: -0.79% (lower mid).	1Y return: -2.06% (bottom quartile).	1Y return: 16.92% (upper mid).
Point 8	Alpha: 1.75 (bottom quartile).	Alpha: 4.27 (top quartile).	Alpha: 2.00 (lower mid).	Alpha: 3.03 (upper mid).	Alpha: 1.78 (bottom quartile).
Point 9	Sharpe: 2.27 (top quartile).	Sharpe: 0.22 (lower mid).	Sharpe: 0.12 (bottom quartile).	Sharpe: 0.16 (bottom quartile).	Sharpe: 1.21 (upper mid).
Point 10	Information ratio: -0.15 (bottom quartile).	Information ratio: 0.26 (upper mid).	Information ratio: 0.66 (top quartile).	Information ratio: 0.18 (lower mid).	Information ratio: -1.13 (bottom quartile).

HDFC Long Term Advantage Fund

Upper mid AUM (₹1,318 Cr).
Oldest track record among peers (25 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 17.39% (top quartile).
3Y return: 20.64% (upper mid).
1Y return: 35.51% (top quartile).
Alpha: 1.75 (bottom quartile).
Sharpe: 2.27 (top quartile).
Information ratio: -0.15 (bottom quartile).

BOI AXA Tax Advantage Fund

Highest AUM (₹1,403 Cr).
Established history (17+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 12.48% (upper mid).
3Y return: 14.49% (bottom quartile).
1Y return: -2.75% (bottom quartile).
Alpha: 4.27 (top quartile).
Sharpe: 0.22 (lower mid).
Information ratio: 0.26 (upper mid).

BNP Paribas Long Term Equity Fund (ELSS)

Lower mid AUM (₹887 Cr).
Established history (20+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 11.52% (lower mid).
3Y return: 15.22% (lower mid).
1Y return: -0.79% (lower mid).
Alpha: 2.00 (lower mid).
Sharpe: 0.12 (bottom quartile).
Information ratio: 0.66 (top quartile).

Edelweiss Long Term Equity Fund

Bottom quartile AUM (₹437 Cr).
Established history (17+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 11.49% (bottom quartile).
3Y return: 12.79% (bottom quartile).
1Y return: -2.06% (bottom quartile).
Alpha: 3.03 (upper mid).
Sharpe: 0.16 (bottom quartile).
Information ratio: 0.18 (lower mid).

IDBI Equity Advantage Fund

Bottom quartile AUM (₹485 Cr).
Established history (12+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 9.97% (bottom quartile).
3Y return: 20.84% (top quartile).
1Y return: 16.92% (upper mid).
Alpha: 1.78 (bottom quartile).
Sharpe: 1.21 (upper mid).
Information ratio: -1.13 (bottom quartile).

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*List of ELSS Tax saving mutual funds having net assets > 250 Crore and haing best CAGR returns in last 5 yr

1. HDFC Long Term Advantage Fund

To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments

Research Highlights for HDFC Long Term Advantage Fund

Upper mid AUM (₹1,318 Cr).
Oldest track record among peers (25 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 17.39% (top quartile).
3Y return: 20.64% (upper mid).
1Y return: 35.51% (top quartile).
Alpha: 1.75 (bottom quartile).
Sharpe: 2.27 (top quartile).
Information ratio: -0.15 (bottom quartile).

Below is the key information for HDFC Long Term Advantage Fund

HDFC Long Term Advantage Fund Growth
Launch Date	2 Jan 01
NAV (14 Jan 22)	₹595.168 ↑ 0.28 (0.05 %)
Net Assets (Cr)	₹1,318 on 30 Nov 21
Category	Equity - ELSS
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.25
Sharpe Ratio	2.27
Information Ratio	-0.15
Alpha Ratio	1.75
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000

HDFC Long Term Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹470,047.
Net Profit of ₹170,047 Invest Now

Purchase not allowed

Returns for HDFC Long Term Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	4.4%
3 Month	1.2%
6 Month	15.4%
1 Year	35.5%
3 Year	20.6%
5 Year	17.4%
10 Year
15 Year
Since launch	21.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Fund Manager information for HDFC Long Term Advantage Fund

Name	Since	Tenure

Data below for HDFC Long Term Advantage Fund as on 30 Nov 21

Equity Sector Allocation

Sector	Value

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

2. BOI AXA Tax Advantage Fund

The Scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalisations. The Scheme is in the nature of diversified multi-cap fund. The Scheme is not providing any assured or guaranteed returns.(There can be no assurance that the investment objectives of the Scheme will be realized.)

Research Highlights for BOI AXA Tax Advantage Fund

Highest AUM (₹1,403 Cr).
Established history (17+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderately High.
5Y return: 12.48% (upper mid).
3Y return: 14.49% (bottom quartile).
1Y return: -2.75% (bottom quartile).
Alpha: 4.27 (top quartile).
Sharpe: 0.22 (lower mid).
Information ratio: 0.26 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~96%).
High-quality debt (AAA/AA ~100%).
Largest holding State Bank of India (~4.5%).

Below is the key information for BOI AXA Tax Advantage Fund

BOI AXA Tax Advantage Fund Growth
Launch Date	25 Feb 09
NAV (10 Jun 26)	₹158.88 ↓ -0.21 (-0.13 %)
Net Assets (Cr)	₹1,403 on 30 Apr 26
Category	Equity - ELSS
AMC	BOI AXA Investment Mngrs Private Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.09
Sharpe Ratio	0.22
Information Ratio	0.26
Alpha Ratio	4.27
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹10,526
31 May 23	₹12,217
31 May 24	₹18,824
31 May 25	₹18,578
31 May 26	₹18,770

BOI AXA Tax Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684 Invest Now

Returns for BOI AXA Tax Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	-3.5%
3 Month	2%
6 Month	1.1%
1 Year	-2.8%
3 Year	14.5%
5 Year	12.5%
10 Year
15 Year
Since launch	17.3%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	-3.5%
2024	21.6%
2023	34.8%
2022	-1.3%
2021	41.5%
2020	31.2%
2019	14.6%
2018	-16.3%
2017	57.7%
2016	-1.2%

Fund Manager information for BOI AXA Tax Advantage Fund

Name	Since	Tenure
Alok Singh	27 Apr 22	4.1 Yr.

Data below for BOI AXA Tax Advantage Fund as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Financial Services	25.57%
Industrials	19.91%
Basic Materials	15.58%
Consumer Cyclical	9.77%
Consumer Defensive	6.46%
Utility	5.23%
Technology	3.43%
Communication Services	3.16%
Energy	2.3%
Health Care	1.89%
Real Estate	0.1%

Asset Allocation

Asset Class	Value
Cash	3.56%
Equity	96.32%
Debt	0.12%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
State Bank of India (Financial Services) Equity, Since 31 Oct 21 \| SBIN	4%	₹62 Cr	584,286 ↑ 32,286
Hindustan Aeronautics Ltd Ordinary Shares (Industrials) Equity, Since 31 Jul 23 \| HAL	4%	₹49 Cr	114,000
Quality Power Electrical Equipments Ltd (Industrials) Equity, Since 31 Jul 25 \| QPOWER	3%	₹45 Cr	324,293
Bharti Airtel Ltd (Communication Services) Equity, Since 30 Sep 24 \| BHARTIARTL	3%	₹44 Cr	235,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 18 \| ICICIBANK	3%	₹42 Cr	335,000
NTPC Ltd (Utilities) Equity, Since 30 Apr 22 \| 532555	3%	₹42 Cr	1,041,000
Power Finance Corp Ltd (Financial Services) Equity, Since 28 Feb 26 \| 532810	3%	₹40 Cr	885,000 ↑ 85,000
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 10 \| HDFCBANK	3%	₹39 Cr	510,000
Adani Ports & Special Economic Zone Ltd (Industrials) Equity, Since 30 Apr 25 \| ADANIPORTS	3%	₹37 Cr	224,000 ↑ 10,000
Acutaas Chemicals Ltd (Basic Materials) Equity, Since 31 May 24 \| 543349	3%	₹37 Cr	142,759

3. BNP Paribas Long Term Equity Fund (ELSS)

The investment objective of the Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities along with income tax rebate, as may be prevalent fromtime to time. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee / indicate any returns.

Research Highlights for BNP Paribas Long Term Equity Fund (ELSS)

Lower mid AUM (₹887 Cr).
Established history (20+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderately High.
5Y return: 11.52% (lower mid).
3Y return: 15.22% (lower mid).
1Y return: -0.79% (lower mid).
Alpha: 2.00 (lower mid).
Sharpe: 0.12 (bottom quartile).
Information ratio: 0.66 (top quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~95%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~5.7%).

Below is the key information for BNP Paribas Long Term Equity Fund (ELSS)

BNP Paribas Long Term Equity Fund (ELSS) Growth
Launch Date	5 Jan 06
NAV (10 Jun 26)	₹94.0031 ↓ -0.51 (-0.54 %)
Net Assets (Cr)	₹887 on 30 Apr 26
Category	Equity - ELSS
AMC	BNP Paribas Asset Mgmt India Pvt. Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.21
Sharpe Ratio	0.12
Information Ratio	0.66
Alpha Ratio	2
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹10,137
31 May 23	₹11,306
31 May 24	₹15,860
31 May 25	₹17,399
31 May 26	₹17,853

BNP Paribas Long Term Equity Fund (ELSS) SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Invest Now

Returns for BNP Paribas Long Term Equity Fund (ELSS)

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	-4.3%
3 Month	0.2%
6 Month	-4.7%
1 Year	-0.8%
3 Year	15.2%
5 Year	11.5%
10 Year
15 Year
Since launch	11.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	4.8%
2024	23.6%
2023	31.3%
2022	-2.1%
2021	23.6%
2020	17.8%
2019	14.3%
2018	-9.3%
2017	42.3%
2016	-6.6%

Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)

Name	Since	Tenure
Sanjay Chawla	14 Mar 22	4.22 Yr.
Yash Mehta	1 May 26	0.08 Yr.

Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Financial Services	30.18%
Consumer Cyclical	14.98%
Industrials	13.06%
Technology	9.45%
Basic Materials	8.65%
Health Care	5.51%
Energy	4.55%
Consumer Defensive	4.26%
Communication Services	3.08%
Utility	1.42%

Asset Allocation

Asset Class	Value
Cash	4.84%
Equity	95.13%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Oct 08 \| HDFCBANK	6%	₹51 Cr	656,320
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 12 \| ICICIBANK	5%	₹42 Cr	329,900
Reliance Industries Ltd (Energy) Equity, Since 31 Oct 18 \| RELIANCE	5%	₹40 Cr	281,800
State Bank of India (Financial Services) Equity, Since 31 Mar 22 \| SBIN	3%	₹30 Cr	278,000
Hitachi Energy India Ltd Ordinary Shares (Industrials) Equity, Since 31 Aug 23 \| POWERINDIA	3%	₹29 Cr	8,766
Bharat Heavy Electricals Ltd (Industrials) Equity, Since 30 Nov 24 \| 500103	3%	₹29 Cr	821,380
Bharti Airtel Ltd (Communication Services) Equity, Since 31 May 19 \| BHARTIARTL	3%	₹27 Cr	144,966
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Apr 20 \| LT	3%	₹24 Cr	60,000
Cummins India Ltd (Industrials) Equity, Since 28 Feb 25 \| 500480	3%	₹24 Cr	45,502
Hindalco Industries Ltd (Basic Materials) Equity, Since 28 Feb 25 \| HINDALCO	3%	₹23 Cr	220,000

4. Edelweiss Long Term Equity Fund

(Erstwhile Edelweiss ELSS Fund)

The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments.

Research Highlights for Edelweiss Long Term Equity Fund

Bottom quartile AUM (₹437 Cr).
Established history (17+ yrs).
Rating: 2★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 11.49% (bottom quartile).
3Y return: 12.79% (bottom quartile).
1Y return: -2.06% (bottom quartile).
Alpha: 3.03 (upper mid).
Sharpe: 0.16 (bottom quartile).
Information ratio: 0.18 (lower mid).
Higher exposure to Financial Services vs peer median.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding Reliance Industries Ltd (~5.1%).

Below is the key information for Edelweiss Long Term Equity Fund

Edelweiss Long Term Equity Fund Growth
Launch Date	30 Dec 08
NAV (10 Jun 26)	₹108.49 ↓ -1.06 (-0.97 %)
Net Assets (Cr)	₹437 on 30 Apr 26
Category	Equity - ELSS
AMC	Edelweiss Asset Management Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	2.34
Sharpe Ratio	0.16
Information Ratio	0.18
Alpha Ratio	3.03
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹10,659
31 May 23	₹12,058
31 May 24	₹16,014
31 May 25	₹17,380
31 May 26	₹17,953

Edelweiss Long Term Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518 Invest Now

Returns for Edelweiss Long Term Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	-5%
3 Month	-0.5%
6 Month	-4.4%
1 Year	-2.1%
3 Year	12.8%
5 Year	11.5%
10 Year
15 Year
Since launch	14.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2025	6.7%
2024	20%
2023	26.8%
2022	-0.1%
2021	30.4%
2020	13.7%
2019	9.2%
2018	-9.1%
2017	37.7%
2016	-1.1%

Fund Manager information for Edelweiss Long Term Equity Fund

Name	Since	Tenure
Ashwani Agarwalla	1 Aug 23	2.83 Yr.
Trideep Bhattacharya	1 Aug 23	2.83 Yr.
Raj Koradia	1 Aug 24	1.83 Yr.

Data below for Edelweiss Long Term Equity Fund as on 30 Apr 26

Equity Sector Allocation

Sector	Value
Financial Services	36.13%
Consumer Cyclical	11.49%
Technology	9.6%
Industrials	9.45%
Health Care	7.4%
Energy	6.79%
Basic Materials	5.78%
Consumer Defensive	4.02%
Communication Services	3.63%
Utility	3.37%
Real Estate	1.1%

Asset Allocation

Asset Class	Value
Cash	1.24%
Equity	98.76%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Reliance Industries Ltd (Energy) Equity, Since 30 Jun 15 \| RELIANCE	5%	₹22 Cr	154,769
HDFC Bank Ltd (Financial Services) Equity, Since 30 Nov 10 \| HDFCBANK	4%	₹19 Cr	249,864
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Oct 19 \| BHARTIARTL	4%	₹16 Cr	84,003
Larsen & Toubro Ltd (Industrials) Equity, Since 30 Sep 15 \| LT	3%	₹13 Cr	33,431
ICICI Bank Ltd (Financial Services) Equity, Since 31 May 17 \| ICICIBANK	3%	₹13 Cr	102,311
Multi Commodity Exchange of India Ltd (Financial Services) Equity, Since 31 Aug 24 \| MCX	3%	₹13 Cr	42,695
BSE Ltd (Financial Services) Equity, Since 31 Mar 24 \| BSE	3%	₹13 Cr	34,841
State Bank of India (Financial Services) Equity, Since 31 May 18 \| SBIN	3%	₹12 Cr	111,376
Muthoot Finance Ltd (Financial Services) Equity, Since 31 Dec 24 \| 533398	2%	₹10 Cr	28,474
NTPC Ltd (Utilities) Equity, Since 31 Oct 22 \| 532555	2%	₹10 Cr	243,851

5. IDBI Equity Advantage Fund

The Scheme will seek to invest predominantly in a diversified portfolio of equity and equity related instruments with the objective to provide investors with opportunities for capital appreciation and income along with the benefit of income-tax deduction(under section 80C of the Income-tax Act, 1961) on their investments. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to be eligible for income-tax benefits under Section 80C. There can be no assurance that the investment objective under the scheme will be realized.

Research Highlights for IDBI Equity Advantage Fund

Bottom quartile AUM (₹485 Cr).
Established history (12+ yrs).
Rating: 3★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 9.97% (bottom quartile).
3Y return: 20.84% (top quartile).
1Y return: 16.92% (upper mid).
Alpha: 1.78 (bottom quartile).
Sharpe: 1.21 (upper mid).
Information ratio: -1.13 (bottom quartile).

Below is the key information for IDBI Equity Advantage Fund

IDBI Equity Advantage Fund Growth
Launch Date	10 Sep 13
NAV (28 Jul 23)	₹43.39 ↑ 0.04 (0.09 %)
Net Assets (Cr)	₹485 on 30 Jun 23
Category	Equity - ELSS
AMC	IDBI Asset Management Limited
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	2.39
Sharpe Ratio	1.21
Information Ratio	-1.13
Alpha Ratio	1.78
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 May 21	₹10,000
31 May 22	₹10,725
31 May 23	₹12,303

IDBI Equity Advantage Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859 Invest Now

Returns for IDBI Equity Advantage Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22

Duration	Returns
1 Month	3.1%
3 Month	9.7%
6 Month	15.1%
1 Year	16.9%
3 Year	20.8%
5 Year	10%
10 Year
15 Year
Since launch	16%

Historical performance (Yearly) on absolute basis

Year	Returns
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Fund Manager information for IDBI Equity Advantage Fund

Name	Since	Tenure

Data below for IDBI Equity Advantage Fund as on 30 Jun 23

Equity Sector Allocation

Sector	Value

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

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