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Tuesday, 21 Jul 2026 · IST
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SEBI sub-category

ELSS funds

Funds
31
Regular plans only
Category 1Y avg
+8.06%
Category 5Y CAGR
+13.70%
Direct vs Regular
Direct Regular

5-Year return distribution

How the 31 ELSS funds spread across return buckets. Taller bars = more funds in that band.

Risk vs Return — ELSS

Each dot is a fund. Up-and-left = high return for low risk (the sweet spot). Down-and-right = under-performing with high volatility. Colour = 5-year peer quartile.

Q1 (top 25%) Q2 Q3 Q4 (bottom 25%) 22 funds plotted

All ELSS funds

Sort by: 1Y 3Y 5Y 7Y 10Y
# Scheme 5Y
1 Sundaram Long Term Tax Advantage Fund Series IV Regular Plan - Growth
Sundaram
 +18.27%
2 Sundaram Long Term Tax Advantage Fund Series III Regular Plan - Growth
Sundaram
 +18.17%
3 Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option
Motilal Oswal
 +17.05%
4 Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Plan - Growth
Sundaram
 +16.83%
5 Sundaram Long Term Micro Cap Tax Advantage Fund Series III Regular Plan - Growth
Sundaram
 +16.57%
6 SBI Long Term Advantage Fund Series V - Regular Plan - Growth
SBI
 +16.51%
7 Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Regular Plan - Growth
Sundaram
 +16.49%
8 Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Plan - Growth
Sundaram
 +16.33%
9 SBI Long Term Advantage Fund - Series VI - Regular Plan - Growth
SBI
 +13.17%
10 Tata ELSS Fund-Growth-Regular Plan
Tata
 +13.06%
11 BANK OF INDIA Mid Cap Tax Fund Series 1 Regular Plan Growth
Bank of India
 +12.96%
12 Mirae Asset ELSS Tax Saver Fund - Regular Plan - Growth
Mirae Asset
 +12.15%
13 Parag Parikh ELSS Tax Saver Fund- Regular Growth
Parag Parikh
 +12.05%
14 ITI ELSS Tax Saver Fund - Regular Plan - Growth Option
ITI
 +11.89%
15 SBI Long Term Advantage Fund - Series IV - Regular Plan - Growth
SBI
 +11.83%
16 BANK OF INDIA Midcap Tax Fund Series 2 Regular Plan Growth
Bank of India
 +11.75%
17 Quantum ELSS Tax Saver Fund - Regular Plan Growth Option
Quantum
 +10.75%
18 Mahindra Manulife ELSS Tax Saver Fund- Regular Plan - Growth
Mahindra Manulife
 +10.32%
19 PGIM India ELSS Tax Saver Fund - Regular Plan - Growth Option
PGIM India
 +10.14%
20 Groww ELSS Tax Saver Fund (formerly known as Indiabulls Tax Savings Fund)-Regular Plan-Growth Option
Groww
 +9.01%
21 Shriram ELSS Tax Saver Fund - Regular Growth
Shriram
 +8.14%
22 Axis ELSS Tax Saver Fund - Regular Plan - Growth
Axis
 +7.40%
23 360 ONE ELSS Tax Saver Nifty 50 Index Fund - Regular Plan - Growth
360 ONE
 —
24 BAJAJ FINSERV ELSS TAX SAVER FUND - REGULAR - GROWTH
Bajaj Finserv
 —
25 BARODA BNP PARIBAS ELSS Tax Saver Fund - Regular - Growth Option
Baroda BNP Paribas
 —
26 HSBC ELSS Tax saver Fund - Regular Growth
HSBC
 —
27 NAVI ELSS TAX SAVER NIFTY 50 INDEX FUND - REGULAR PLAN GROWTH
Navi
 —
28 NJ ELSS Tax Saver Scheme Regular Growth
NJ
 —
29 Samco ELSS Tax Saver Fund - Regular Plan - Growth Option
Samco
 —
30 Sundaram ELSS Tax Saver Fund Regular Growth
Sundaram
 —
31 WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth
WhiteOak Capital
 —

Direct plans typically outperform Regular plans by around 50 basis points per year because they carry no distributor commission. The "Peer Q (5Y)" column shows the fund's quartile within this category over the 5-year window: Q1 = top 25%.

Frequently asked questions

Generated from this category's live aggregates — average returns, fund counts, quartile spreads. Updated daily.

ELSS (Equity Linked Savings Scheme) funds qualify for ₹1.5 L deduction under Section 80C of the Income-tax Act (old regime). They have a 3-year lock-in — the shortest among tax-saving instruments. ≥80% must be in equity.
We currently track 31 active ELSS schemes (Regular plan, Growth option). The list updates daily after AMFI publishes new NAVs and SEBI re-classifies schemes. 5 of them sit in the top quartile by 5-year CAGR.
Over the last 5 years, the average ELSS (Regular plan) has returned 13.70% CAGR — that turns ₹1 lakh into roughly ₹189,995. Over the last 12 months the category averaged 8.06%. Top-quartile funds in this category typically beat the average by 3-6 percentage points per year — fund selection within a category matters more than the category choice itself.
Over the trailing 5-year window, the highest-returning ELSS in our database is **Sundaram Long Term Tax Advantage Fund Series IV Regular Plan - Growth** (Sundaram) with a CAGR of 18.27%. The category average is 13.70%. Past performance is no guarantee of future returns — top-quartile funds in one window often slip in the next.
The best 1-year return in the ELSS category right now is **Sundaram Long Term Tax Advantage Fund Series III Regular Plan - Growth** (Sundaram) at 8.71%. 1-year numbers are noisy and shouldn't be the sole basis for picking — cross-check rolling returns and 5-year CAGR before deciding.
Across all ELSS schemes with 5 years of history, the 5-year CAGR ranges from 7.40% (worst) to 18.27% (best), with a median of 12.96%. That spread of about 11 percentage points between top and bottom is a useful gauge of how much fund selection matters in this category.
On ProfitGuruOnline you can browse either ELSS Direct plans (lower expense ratio, no broker commission baked in) or Regular plans (sold through distributors). Use the filter on the category page. Direct typically outperforms Regular by 0.5-1% per year in the same scheme — meaningful over 10+ years.
ELSS is classified as an Equity scheme. Held for 12 months or more: 12.5% LTCG on gains exceeding ₹1.25 lakh per FY per PAN. Held for under 12 months: 20% STCG. Rates updated by Budget 2024.
Yes. Equity categories like ELSS are well-suited to SIP because the monthly drip averages out entry timing — you buy more units when NAVs are low. Over 7+ year horizons, SIP XIRRs typically end up within 1-2 pp of lump-sum, but with much less stress.
ELSS schemes suit 5+ year horizons. Equity drawdowns of 25-40% are normal in a bad year; the long horizon lets you ride them out.
Moderate-to-high equity risk. Expect 20-30% drawdowns in normal corrections, 40%+ in severe bear markets like 2008 and 2020.
Two or three schemes from different AMCs is usually enough for a single category. Beyond that you'd be re-creating the category average minus your selection cost. Focus on consistency (% of rolling-return windows that ended positive) over chasing top performers — top quartile rarely repeats.
Quarterly is plenty for monitoring NAVs and aggregate gain; annually (or after major regulatory changes like Budget 2024) is the right cadence for re-evaluating against alternatives. Don't churn based on 1-month or even 1-year underperformance — equity funds need 3-5 year horizons to fairly judge.
We rank funds within each category by point-to-point CAGR over the chosen window (1Y, 3Y, 5Y, 7Y, 10Y, since inception), then assign quartile and decile bands so any fund's standing relative to peers is one click away. Numbers are recomputed nightly after AMFI's NAV publish.
Daily NAVs are pulled directly from AMFI's published feed. Category classification uses SEBI's October-2017 mutual-fund categorisation circular. We compute returns, rolling-window stats, SIP backtests, drawdowns and Sharpe ratios in-house — no third-party feeds, no hidden adjustments.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.