Which has the lower expense ratio, HDFC ELSS Tax saver - Growth Plan or Parag Parikh ELSS Tax Saver Fund- Direct Growth?

HDFC ELSS Tax saver - Growth Plan's expense ratio is 1.18% versus Parag Parikh ELSS Tax Saver Fund- Direct Growth's 0.67%. 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 Parag Parikh ELSS Tax Saver Fund- Direct Growth?

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 Parag Parikh ELSS Tax Saver Fund- Direct Growth

Q: HDFC ELSS Tax saver - Growth Plan vs Parag Parikh ELSS Tax Saver Fund- Direct Growth — which has given better returns?

HDFC ELSS Tax saver - Growth Plan has a 1-year return of -2.72% versus Parag Parikh ELSS Tax Saver Fund- Direct Growth's -7.36%. 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

Parag Parikh ELSS Tax Saver Fund- Direct Growth

PPFAS Mutual Fund

★★★★★

Equity · ELSS

Metric	HDFC ELSS Tax saver - ...	Parag Parikh ELSS Tax ...
NAV	₹1371.19	₹32.05
Star Rating	★★★★★	★★★★
Expense Ratio	1.18%	0.67%
AUM	₹15,685 Cr	₹5,599 Cr
1M Return	+2.0%	+1.1%
3M Return	+0.67%	-1.26%
6M Return	-4.72%	-5.83%
1Y Return	-2.72%	-7.36%
3Y CAGR	+15.42%	+11.45%
5Y CAGR	+16.39%	+13.22%
Risk Level	—	—
Fund Manager	Vinay Kulkarni	Rajeev Thakkar

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