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

Parag Parikh ELSS Tax Saver Fund- Direct Growth's expense ratio is 0.65% 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 Parag Parikh 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.

Parag Parikh ELSS Tax Saver Fund- Direct Growth vs SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH

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

Parag Parikh ELSS Tax Saver Fund- Direct Growth has a 1-year return of -11.18% versus SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH's -6.76%. 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.

Parag Parikh ELSS Tax Saver Fund- Direct Growth

PPFAS Mutual Fund

★★★★★

Equity · ELSS

SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH

SBI Mutual Fund

★★★★★

Equity · ELSS

Metric	Parag Parikh ELSS Tax ...	SBI ELSS Tax Saver FUN...
NAV	₹30.43	₹441.07
Star Rating	★★★★	★★★★★
Expense Ratio	0.65%	1.23%
AUM	₹5,400 Cr	₹30,026 Cr
1M Return	-2.58%	-4.4%
3M Return	-4.39%	-6.75%
6M Return	-4.98%	-2.43%
1Y Return	-11.18%	-6.76%
3Y CAGR	+8.05%	+12.63%
5Y CAGR	+9.41%	+13.26%
Risk Level	—	—
Fund Manager	Rajeev Thakkar	Dinesh Balachandran

View Fund A View Fund B

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