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

LIC MF ELSS Tax Saver-Direct Plan-Growth's expense ratio is 1.31% 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 LIC MF ELSS Tax Saver-Direct Plan-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.

LIC MF ELSS Tax Saver-Direct Plan-Growth vs Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option

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

LIC MF ELSS Tax Saver-Direct Plan-Growth has a 1-year return of -7.98% 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.

LIC MF ELSS Tax Saver-Direct Plan-Growth

LIC Mutual Fund

★★★★★

Equity · ELSS

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

Motilal Oswal Mutual Fund

★★★★★

Equity · ELSS

Metric	LIC MF ELSS Tax Saver-...	Motilal Oswal ELSS Tax...
NAV	₹163.09	₹63.96
Star Rating	★★	★★★★★
Expense Ratio	1.31%	0.96%
AUM	₹972 Cr	₹4,889 Cr
1M Return	-3.83%	-5.5%
3M Return	-4.76%	+0.57%
6M Return	-2.1%	+11.34%
1Y Return	-7.98%	+6.17%
3Y CAGR	+8.34%	+20.46%
5Y CAGR	+7.57%	+16.57%
Risk Level	—	—
Fund Manager	Sachin Relekar	Abhiroop Mukherjee, Gautam Sinha Roy, Siddharth Bothra

View Fund A View Fund B

Compare More Funds SIP Calculator SIP vs Lumpsum Guide ELSS Tax Saving Funds