Which has the lower expense ratio, HSBC ELSS Tax saver Fund - Direct Growth or Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option?

HSBC ELSS Tax saver Fund - Direct Growth's expense ratio is 1.21% versus Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option's 0.96%. A lower expense ratio directly improves your net returns over the long term, all else being equal.

Can I invest in both HSBC ELSS Tax saver Fund - Direct Growth and Motilal Oswal ELSS Tax Saver Fund - Direct Plan - 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.

HSBC ELSS Tax saver Fund - Direct Growth vs Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option

Q: HSBC ELSS Tax saver Fund - Direct Growth vs Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option — which has given better returns?

HSBC ELSS Tax saver Fund - Direct Growth has a 1-year return of 0.24% versus Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option's 6.17%. 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.

HSBC ELSS Tax saver Fund - Direct Growth

HSBC Mutual Fund

★★★★★

Equity · ELSS

Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option

Motilal Oswal Mutual Fund

★★★★★

Equity · ELSS

Metric	HSBC ELSS Tax saver Fu...	Motilal Oswal ELSS Tax...
NAV	₹149.29	₹63.96
Star Rating	★★★★	★★★★★
Expense Ratio	1.21%	0.96%
AUM	₹3,973 Cr	₹4,889 Cr
1M Return	-4.19%	-5.5%
3M Return	-1.9%	+0.57%
6M Return	+5.83%	+11.34%
1Y Return	+0.24%	+6.17%
3Y CAGR	+15.15%	+20.46%
5Y CAGR	+11.68%	+16.57%
Risk Level	—	—
Fund Manager	Cheenu Gupta	Abhiroop Mukherjee, Gautam Sinha Roy, Siddharth Bothra

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