Which has the lower expense ratio, HDFC ELSS Tax saver - Growth Plan or JM ELSS Tax Saver Fund (Regular) - Growth option?

HDFC ELSS Tax saver - Growth Plan's expense ratio is 1.18% versus JM ELSS Tax Saver Fund (Regular) - Growth option's 1.38%. A lower expense ratio directly improves your net returns over the long term, all else being equal.

Can I invest in both HDFC ELSS Tax saver - Growth Plan and JM ELSS Tax Saver Fund (Regular) - Growth option?

Yes, but check for portfolio overlap first if both funds are in the same category — holding two funds with very similar underlying stocks reduces the diversification benefit of investing in more than one fund.

HDFC ELSS Tax saver - Growth Plan vs JM ELSS Tax Saver Fund (Regular) - Growth option

Q: HDFC ELSS Tax saver - Growth Plan vs JM ELSS Tax Saver Fund (Regular) - Growth option — which has given better returns?

HDFC ELSS Tax saver - Growth Plan has a 1-year return of -2.72% versus JM ELSS Tax Saver Fund (Regular) - Growth option's 0.58%. Compare NAV, expense ratio and star rating above before deciding, and check consistency over 3-5 years rather than a single year.

Side-by-side comparison of NAV, returns, expense ratio and star rating.

HDFC ELSS Tax saver - Growth Plan

HDFC Mutual Fund

★★★★★

Equity · ELSS

JM ELSS Tax Saver Fund (Regular) - Growth option

JM Financial Mutual Fund

★★★★★

Equity · ELSS

Metric	HDFC ELSS Tax saver - ...	JM ELSS Tax Saver Fund...
NAV	₹1371.19	₹50.39
Star Rating	★★★★★	★★★★
Expense Ratio	1.18%	1.38%
AUM	₹15,685 Cr	₹219 Cr
1M Return	+2.0%	-2.45%
3M Return	+0.67%	+6.94%
6M Return	-4.72%	-3.47%
1Y Return	-2.72%	+0.58%
3Y CAGR	+15.42%	+16.63%
5Y CAGR	+16.39%	+15.24%
Risk Level	—	—
Fund Manager	Vinay Kulkarni	Sanjay Kumar Chhabaria, Chaitanya Choksi

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