Which has the lower expense ratio, HSBC ELSS Tax saver Fund - Direct Growth or SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH?

HSBC ELSS Tax saver Fund - Direct Growth's expense ratio is 1.21% versus SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH's 1.23%. 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 SBI ELSS Tax Saver FUND - DIRECT PLAN -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.

HSBC ELSS Tax saver Fund - Direct Growth vs SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH

Q: HSBC ELSS Tax saver Fund - Direct Growth vs SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH — which has given better returns?

HSBC ELSS Tax saver Fund - Direct Growth has a 1-year return of 3.03% versus SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH's -0.33%. 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

SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH

SBI Mutual Fund

★★★★★

Equity · ELSS

Metric	HSBC ELSS Tax saver Fu...	SBI ELSS Tax Saver FUN...
NAV	₹153.72	₹478.88
Star Rating	★★★★	★★★★★
Expense Ratio	1.21%	1.23%
AUM	₹4,080 Cr	₹31,839 Cr
1M Return	+2.09%	+2.45%
3M Return	+6.26%	+2.8%
6M Return	+4.59%	-0.99%
1Y Return	+3.03%	-0.33%
3Y CAGR	+17.08%	+17.56%
5Y CAGR	+14.2%	+16.97%
Risk Level	—	—
Fund Manager	Cheenu Gupta	Dinesh Balachandran

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