+91-22-48913909Top 5 Best Tax Saving ELSS Mutual Funds for FY 25 - 26
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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Top 5 ELSS Funds To Invest In FY 25 - 26
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) 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 ₹160.91
↑ 1.50 ₹1,411 2.5 -1.3 -3.5 16.5 17.2 21.6 Mahindra Mutual Fund Kar Bachat Yojana Growth ₹29.2302
↑ 0.19 ₹982 4.1 0.4 7.5 14.9 16.7 12.3 Edelweiss Long Term Equity Fund Growth ₹116.01
↑ 1.11 ₹448 7.2 3 6.7 17.5 16.2 20 BNP Paribas Long Term Equity Fund (ELSS) Growth ₹99.7236
↑ 0.52 ₹952 6.6 3.7 4.8 19.4 15.5 23.6 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 Mahindra Mutual Fund Kar Bachat Yojana Edelweiss Long Term Equity Fund BNP Paribas Long Term Equity Fund (ELSS) Point 1 Upper mid AUM (₹1,318 Cr). Highest AUM (₹1,411 Cr). Lower mid AUM (₹982 Cr). Bottom quartile AUM (₹448 Cr). Bottom quartile AUM (₹952 Cr). Point 2 Oldest track record among peers (25 yrs). Established history (16+ yrs). Established history (9+ yrs). Established history (17+ yrs). Established history (20+ yrs). Point 3 Top rated. Rating: 3★ (upper mid). Not Rated. Rating: 2★ (bottom quartile). Rating: 3★ (lower mid). 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: 17.16% (upper mid). 5Y return: 16.66% (lower mid). 5Y return: 16.15% (bottom quartile). 5Y return: 15.53% (bottom quartile). Point 6 3Y return: 20.64% (top quartile). 3Y return: 16.49% (bottom quartile). 3Y return: 14.95% (bottom quartile). 3Y return: 17.52% (lower mid). 3Y return: 19.36% (upper mid). Point 7 1Y return: 35.51% (top quartile). 1Y return: -3.55% (bottom quartile). 1Y return: 7.54% (upper mid). 1Y return: 6.72% (lower mid). 1Y return: 4.83% (bottom quartile). Point 8 Alpha: 1.75 (top quartile). Alpha: -9.63 (bottom quartile). Alpha: -0.10 (upper mid). Alpha: -0.61 (lower mid). Alpha: -0.82 (bottom quartile). Point 9 Sharpe: 2.27 (top quartile). Sharpe: -0.39 (bottom quartile). Sharpe: 0.09 (upper mid). Sharpe: 0.05 (lower mid). Sharpe: 0.04 (bottom quartile). Point 10 Information ratio: -0.15 (bottom quartile). Information ratio: 0.12 (lower mid). Information ratio: -0.49 (bottom quartile). Information ratio: 0.18 (upper mid). Information ratio: 0.73 (top quartile). HDFC Long Term Advantage Fund
BOI AXA Tax Advantage Fund
Mahindra Mutual Fund Kar Bachat Yojana
Edelweiss Long Term Equity Fund
BNP Paribas Long Term Equity Fund (ELSS)
To generate long term capital appreciation from a portfolio that is predominantly in equity and equity related instruments Below is the key information for HDFC Long Term Advantage Fund Returns up to 1 year are on 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 Below is the key information for BOI AXA Tax Advantage Fund Returns up to 1 year are on The investment objective of the Scheme is to generate long-term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns. Research Highlights for Mahindra Mutual Fund Kar Bachat Yojana Below is the key information for Mahindra Mutual Fund Kar Bachat Yojana Returns up to 1 year are on (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 Below is the key information for Edelweiss Long Term Equity Fund Returns up to 1 year are on 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) Below is the key information for BNP Paribas Long Term Equity Fund (ELSS) Returns up to 1 year are on 1. 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 Dec 20 ₹10,000 31 Dec 21 ₹13,487
Purchase not allowed Returns for HDFC Long Term Advantage Fund
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 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 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
BOI AXA Tax Advantage Fund
Growth Launch Date 25 Feb 09 NAV (31 Dec 25) ₹160.91 ↑ 1.50 (0.94 %) Net Assets (Cr) ₹1,411 on 30 Nov 25 Category Equity - ELSS AMC BOI AXA Investment Mngrs Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.09 Sharpe Ratio -0.39 Information Ratio 0.12 Alpha Ratio -9.63 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹14,145 31 Dec 22 ₹13,968 31 Dec 23 ₹18,825 31 Dec 24 ₹22,891 Returns for BOI AXA Tax Advantage Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -0.7% 3 Month 2.5% 6 Month -1.3% 1 Year -3.5% 3 Year 16.5% 5 Year 17.2% 10 Year 15 Year Since launch 17.9% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 2.1% Fund Manager information for BOI AXA Tax Advantage Fund
Name Since Tenure Alok Singh 27 Apr 22 3.6 Yr. Data below for BOI AXA Tax Advantage Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Financial Services 22.35% Industrials 19.73% Basic Materials 17.21% Utility 7% Consumer Cyclical 6.18% Consumer Defensive 5.9% Technology 4.54% Communication Services 3.5% Energy 2.5% Health Care 2.14% Real Estate 2.07% Asset Allocation
Asset Class Value Cash 6.88% Equity 93.12% Top Securities Holdings / Portfolio
Name Holding Value Quantity Vedanta Ltd (Basic Materials)
Equity, Since 31 Mar 24 | VEDL5% ₹74 Cr 1,412,000 State Bank of India (Financial Services)
Equity, Since 31 Oct 21 | SBIN5% ₹65 Cr 664,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK4% ₹56 Cr 405,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 24 | BHARTIARTL3% ₹49 Cr 235,000 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 Jul 23 | HAL3% ₹48 Cr 105,000 Acutaas Chemicals Ltd (Basic Materials)
Equity, Since 31 May 24 | 5433493% ₹46 Cr 250,000
↓ -33,300 ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 25 | ITC3% ₹45 Cr 1,120,000 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 10 | HDFCBANK3% ₹44 Cr 437,532 Ambuja Cements Ltd (Basic Materials)
Equity, Since 31 Mar 25 | AMBUJACEM3% ₹38 Cr 685,662 Coromandel International Ltd (Basic Materials)
Equity, Since 31 Jan 23 | COROMANDEL3% ₹37 Cr 157,000 3. Mahindra Mutual Fund Kar Bachat Yojana
Mahindra Mutual Fund Kar Bachat Yojana
Growth Launch Date 18 Oct 16 NAV (31 Dec 25) ₹29.2302 ↑ 0.19 (0.65 %) Net Assets (Cr) ₹982 on 30 Nov 25 Category Equity - ELSS AMC Mahindra Asset Management Company Pvt. Ltd. Rating Risk Moderately High Expense Ratio 2.17 Sharpe Ratio 0.09 Information Ratio -0.49 Alpha Ratio -0.1 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹13,944 31 Dec 22 ₹14,224 31 Dec 23 ₹17,891 31 Dec 24 ₹20,090 Returns for Mahindra Mutual Fund Kar Bachat Yojana
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -0.7% 3 Month 4.1% 6 Month 0.4% 1 Year 7.5% 3 Year 14.9% 5 Year 16.7% 10 Year 15 Year Since launch 12.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 12.3% 2023 25.8% 2022 2% 2021 39.4% 2020 14.1% 2019 4.5% 2018 -9.8% 2017 24.8% 2016 2015 Fund Manager information for Mahindra Mutual Fund Kar Bachat Yojana
Name Since Tenure Manish Lodha 21 Dec 20 4.95 Yr. Fatema Pacha 16 Oct 20 5.13 Yr. Data below for Mahindra Mutual Fund Kar Bachat Yojana as on 30 Nov 25
Equity Sector Allocation
Sector Value Financial Services 33.67% Consumer Cyclical 15.54% Technology 12.2% Industrials 8.27% Basic Materials 6.33% Energy 5.61% Consumer Defensive 4.91% Health Care 4.68% Communication Services 4.4% Utility 1.22% Real Estate 0.91% Asset Allocation
Asset Class Value Cash 2.25% Equity 97.73% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Dec 16 | HDFCBANK8% ₹78 Cr 775,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 19 | ICICIBANK8% ₹75 Cr 541,120
↑ 25,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 18 | RELIANCE6% ₹55 Cr 351,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 20 | INFY5% ₹51 Cr 326,041
↑ 10,000 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Jan 25 | BAJFINANCE4% ₹35 Cr 335,000 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 24 | AXISBANK4% ₹34 Cr 269,000
↓ -14,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Aug 18 | LT3% ₹33 Cr 81,761 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 19 | TCS3% ₹29 Cr 93,476 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Apr 20 | HINDUNILVR3% ₹28 Cr 112,000 State Bank of India (Financial Services)
Equity, Since 29 Feb 24 | SBIN3% ₹26 Cr 270,000
↓ -63,000 4. Edelweiss Long Term Equity Fund
Edelweiss Long Term Equity Fund
Growth Launch Date 30 Dec 08 NAV (31 Dec 25) ₹116.01 ↑ 1.11 (0.97 %) Net Assets (Cr) ₹448 on 30 Nov 25 Category Equity - ELSS AMC Edelweiss Asset Management Limited Rating ☆☆ Risk Moderately High Expense Ratio 2.34 Sharpe Ratio 0.05 Information Ratio 0.18 Alpha Ratio -0.61 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹13,036 31 Dec 22 ₹13,025 31 Dec 23 ₹16,512 31 Dec 24 ₹19,810 Returns for Edelweiss Long Term Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month 0% 3 Month 7.2% 6 Month 3% 1 Year 6.7% 3 Year 17.5% 5 Year 16.2% 10 Year 15 Year Since launch 15.5% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 6.7% Fund Manager information for Edelweiss Long Term Equity Fund
Name Since Tenure Ashwani Agarwalla 1 Aug 23 2.34 Yr. Trideep Bhattacharya 1 Aug 23 2.34 Yr. Raj Koradia 1 Aug 24 1.33 Yr. Data below for Edelweiss Long Term Equity Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Financial Services 36.43% Technology 11.55% Consumer Cyclical 10.8% Industrials 8.88% Health Care 7.51% Energy 7.08% Basic Materials 4.41% Consumer Defensive 4.28% Communication Services 3.94% Utility 1.88% Real Estate 1.17% Asset Allocation
Asset Class Value Cash 2.06% Equity 97.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 10 | HDFCBANK6% ₹27 Cr 264,546
↓ -11,144 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 15 | RELIANCE5% ₹24 Cr 154,769 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL4% ₹18 Cr 84,003 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 17 | ICICIBANK3% ₹15 Cr 110,137
↓ -16,426 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 15 | LT3% ₹14 Cr 33,431 State Bank of India (Financial Services)
Equity, Since 31 May 18 | SBIN3% ₹13 Cr 132,962
↓ -16,252 Muthoot Finance Ltd (Financial Services)
Equity, Since 31 Dec 24 | MUTHOOTFIN2% ₹11 Cr 28,474 Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY2% ₹9 Cr 59,889 BSE Ltd (Financial Services)
Equity, Since 31 Mar 24 | BSE2% ₹9 Cr 32,031 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jan 23 | M&M2% ₹9 Cr 24,276 5. BNP Paribas Long Term Equity Fund (ELSS)
BNP Paribas Long Term Equity Fund (ELSS)
Growth Launch Date 5 Jan 06 NAV (31 Dec 25) ₹99.7236 ↑ 0.52 (0.53 %) Net Assets (Cr) ₹952 on 30 Nov 25 Category Equity - ELSS AMC BNP Paribas Asset Mgmt India Pvt. Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.21 Sharpe Ratio 0.04 Information Ratio 0.73 Alpha Ratio -0.82 Min Investment 500 Min SIP Investment 500 Exit Load NIL Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹12,357 31 Dec 22 ₹12,101 31 Dec 23 ₹15,886 31 Dec 24 ₹19,631 Returns for BNP Paribas Long Term Equity Fund (ELSS)
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jan 22 Duration Returns 1 Month -0.7% 3 Month 6.6% 6 Month 3.7% 1 Year 4.8% 3 Year 19.4% 5 Year 15.5% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 7.7% Fund Manager information for BNP Paribas Long Term Equity Fund (ELSS)
Name Since Tenure Sanjay Chawla 14 Mar 22 3.72 Yr. Pratish Krishnan 14 Mar 22 3.72 Yr. Data below for BNP Paribas Long Term Equity Fund (ELSS) as on 30 Nov 25
Equity Sector Allocation
Sector Value Financial Services 31.64% Consumer Cyclical 14.77% Industrials 11.49% Technology 11.32% Basic Materials 7.15% Health Care 7% Consumer Defensive 4.31% Energy 4.21% Communication Services 3.2% Utility 3.01% Asset Allocation
Asset Class Value Cash 0.05% Equity 99.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK7% ₹66 Cr 656,320 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 12 | ICICIBANK5% ₹46 Cr 329,900 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 18 | RELIANCE4% ₹40 Cr 255,800 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 May 19 | BHARTIARTL3% ₹30 Cr 144,966 State Bank of India (Financial Services)
Equity, Since 31 Mar 22 | SBIN3% ₹27 Cr 278,000 Infosys Ltd (Technology)
Equity, Since 29 Feb 24 | INFY3% ₹27 Cr 173,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 20 | LT3% ₹25 Cr 62,520 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 30 Nov 24 | BHEL3% ₹24 Cr 821,380 Eternal Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | 5433202% ₹24 Cr 790,813 Radico Khaitan Ltd (Consumer Defensive)
Equity, Since 31 Jan 25 | RADICO2% ₹23 Cr 73,000
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Research Highlights for HDFC Long Term Advantage Fund