SBI ELSS Tax Saver FUND vs Mirae Asset ELSS Tax Saver Fund
Updated June 2026 · both ELSS funds · metrics from AMFI NAVs
In short: SBI ELSS Tax Saver FUND has the higher 3-year return (+18.05%); Mirae Asset ELSS Tax Saver Fund has the lower expense ratio (0.90%); SBI ELSS Tax Saver FUND has the better risk-adjusted return (Sharpe 0.78). This is analysis from past data, not a recommendation.
| Metric | SBI ELSS Tax Saver FUND | Mirae Asset ELSS Tax Saver Fund |
|---|---|---|
| 1Y return | -4.87% | -1.55% |
| 3Y CAGR | +18.05% | +14.49% |
| 5Y CAGR | +16.32% | +12.46% |
| Sharpe ratio | 0.78 | 0.54 |
| Max drawdown | -16.7% | -17.9% |
| Volatility | 14.5% | 14.3% |
| Alpha | +5.18% | +1.38% |
| Expense ratio (Direct) | 1.13% | 0.90% |
| AUM | ₹31.4K Cr | ₹25.8K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
Mirae Asset ELSS Tax Saver Fund has the lower Direct-plan expense ratio (0.90%), versus 1.13% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
SBI ELSS Tax Saver FUND has the higher 3-year CAGR (+18.05%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.