Bajaj Finserv ELSS - Tax Saver Fund vs Shriram ELSS Tax Saver Fund
Bajaj Finserv ELSS - Tax Saver Fund and Shriram ELSS Tax Saver Fund are both ELSS (Tax Saving) funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +8.22%, 5-year CAGR — vs +6.89%, volatility 17.12% vs 16.43%, maximum drawdown −13.51% vs −29.78%. Their portfolios overlap by 27.8% (11 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| Fund house | Bajaj Finserv Mutual Fund | Shriram Mutual Fund |
| Compared as | ELSS (Tax Saving) | ELSS (Tax Saving) |
| NAV | ₹11.9010 | ₹23.5701 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 3 Feb 2025 | 1 Feb 2019 |
| Track record | 1.8 yrs | 7.8 yrs |
| Fund size (AUM) | ₹88 Cr | ₹44 Cr |
| Securities held | 42 | 72 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| 1 month | +3.35% | +4.18% |
| 3 months | −1.84% | −3.00% |
| 6 months | +0.88% | +0.52% |
| 1 year | +1.91% | −2.44% |
| 3 years (CAGR) | — | +8.22% |
| 5 years (CAGR) | — | +6.89% |
| 7 years (CAGR) | — | +11.09% |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +10.24% | +11.67% |
| SIP return (XIRR, 5 years) ⓘ | — | +6.25% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| 2026 (year to date) | +2.49% | −3.25% |
| 2025 | — | −4.18% |
| 2024 | — | +18.73% |
| 2023 | — | +26.68% |
| 2022 | — | +3.96% |
| 2021 | — | +20.99% |
Risk
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| Volatility (annualised) ⓘ | 17.12% | 16.43% |
| Downside volatility ⓘ | 10.82% | 12.70% |
| Sharpe ratio ⓘ | 0.22 | 0.11 |
| Sortino ratio ⓘ | 0.35 | 0.14 |
| Maximum drawdown ⓘ | −13.51% | −29.78% |
| Recovery from that fall | 1 months | 5 months |
| Current fall from peak | −1.84% | −12.82% |
| Rolling 1-year return: worst | −4.73% | −20.29% |
| Rolling 1-year return: median | +4.63% | +10.20% |
| Rolling 1-year return: best | +15.80% | +67.41% |
| Share of 1-year periods with a loss | 11.17% | 26.68% |
Against each fund's benchmark
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| Beta ⓘ | 1.03 | 1.00 |
| Alpha (Jensen's, annualised) ⓘ | +1.25% | −2.75% |
| R² ⓘ | 94.70 | 84.07 |
| Upside capture | 107.11% | 95.40% |
| Downside capture | 102.49% | 110.31% |
| Tracking error | 3.96% | 6.80% |
| Information ratio | 0.32 | -0.47 |
| Treynor ratio | 1.57 | 0.46 |
Portfolio
Asset mix
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| Equity | 89.60% | 95.03% |
| Cash & equivalents | 10.40% | 4.97% |
Market-cap split (share of fund assets)
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| Large Cap | 41.35% | 61.85% |
| Mid Cap | 12.78% | 9.06% |
| Small Cap | 31.32% | 24.12% |
| Unclassified | 4.15% | 0.00% |
Concentration
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| Top 10 holdings | 47.64% | 36.17% |
| Effective number of stocks ⓘ | 30 | 43.4 |
| Securities held | 42 | 72 |
Portfolio overlap: 27.8%
11 companies are held by both funds; by weight, 27.8% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver |
|---|---|---|
| HDFC Bank Limited | 9.16% | 7.47% |
| ICICI Bank Limited | 6.37% | 5.02% |
| State Bank of India | 4.12% | 4.02% |
| Reliance Industries Limited | 5.75% | 3.90% |
| Eternal Limited | 2.48% | 1.85% |
| Larsen & Toubro Limited | 2.53% | 1.46% |
| Tata Steel Ltd. | 2.36% | 1.28% |
| Coforge Limited | 1.09% | 0.88% |
| Divi's Laboratories Limited | 5.57% | 0.75% |
| Swiggy Limited | 0.91% | 0.62% |
| PVR INOX Limited | 2.13% | 0.52% |
Top 10 holdings
Bajaj Finserv ELSS - Tax Saver
- HDFC Bank Limited9.16%
- ICICI Bank Limited6.37%
- Reliance Industries Limited5.75%
- Divi's Laboratories Limited5.57%
- Zydus Wellness Ltd4.67%
- State Bank of India4.12%
- Steel Authority of India Limited3.85%
- PG Electroplast Limited2.79%
- Balrampur Chini Mills Limited2.71%
- Timken India Ltd.2.65%
Shriram ELSS Tax Saver
- HDFC Bank Limited7.47%
- ICICI Bank Limited5.02%
- Axis Bank Limited4.06%
- State Bank of India4.02%
- Reliance Industries Limited3.90%
- Bharti Airtel Limited3.79%
- Mahindra & Mahindra Limited2.03%
- KFin Technologies Limited2.00%
- Samhi Hotels Ltd.1.96%
- Kirloskar Oil Engines Limited1.92%
Sector exposure
| Bajaj Finserv ELSS - Tax Saver | Shriram ELSS Tax Saver | |
|---|---|---|
| Banks | 19.65% | 21.85% |
| Pharmaceuticals & Biotechnology | 7.70% | 3.99% |
| IT - Software | 1.09% | 6.51% |
| Ferrous Metals | 6.21% | 1.28% |
| Petroleum Products | 5.75% | 4.27% |
| Food Products | 5.56% | 1.21% |
| Automobiles | 0.00% | 5.54% |
| Consumer Durables | 5.13% | 0.00% |
| Finance | 5.04% | 2.26% |
| Retailing | 4.52% | 2.86% |
| Textiles & Apparels | 4.50% | 0.00% |
| Healthcare Services | 0.00% | 4.37% |
| Telecom - Services | 0.00% | 3.79% |
| Industrial Products | 3.50% | 3.67% |
Questions people ask
What is the difference between Bajaj Finserv ELSS - Tax Saver and Shriram ELSS Tax Saver returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return +1.91% vs −2.44%; 3-year CAGR — vs +8.22%; 5-year CAGR — vs +6.89%; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Bajaj Finserv ELSS - Tax Saver and Shriram ELSS Tax Saver compare on risk?
Volatility (36 monthly returns, annualised) 17.12% vs 16.43%; Sharpe ratio 0.22 vs 0.11; Sortino ratio 0.35 vs 0.14; maximum drawdown −13.51% vs −29.78%; beta 1.03 vs 1.00.
How much do Bajaj Finserv ELSS - Tax Saver and Shriram ELSS Tax Saver overlap?
By weight, 27.8% of the two portfolios is invested in the same companies; 11 stocks are held by both, the largest shared positions being HDFC Bank Limited, ICICI Bank Limited, State Bank of India. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Bajaj Finserv ELSS - Tax Saver and Shriram ELSS Tax Saver?
Bajaj Finserv ELSS - Tax Saver: large cap 41.4%, mid cap 12.8%, small cap 31.3%. Shriram ELSS Tax Saver: large cap 61.9%, mid cap 9.1%, small cap 24.1% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Bajaj Finserv ELSS - Tax Saver vs
- Bajaj Finserv ELSS - Tax Saver vs LIC MF Unit Linked Insurance Scheme (ULIS)
- Bajaj Finserv ELSS - Tax Saver vs Parag Parikh ELSS Tax Saver
- Bajaj Finserv ELSS - Tax Saver vs SBI Long Term Advantage Fund - Series V
- Bajaj Finserv ELSS - Tax Saver vs Sundaram Long Term Tax Advantage Fund Series III
- Bajaj Finserv ELSS - Tax Saver vs WhiteOak Capital ELSS Tax Saver
- Bajaj Finserv ELSS - Tax Saver vs Baroda BNP Paribas ELSS Tax Saver
Shriram ELSS Tax Saver vs
- Shriram ELSS Tax Saver vs Baroda BNP Paribas ELSS Tax Saver
- Shriram ELSS Tax Saver vs HSBC ELSS Tax saver
- Shriram ELSS Tax Saver vs LIC MF ELSS Tax Saver
- Shriram ELSS Tax Saver vs NJ ELSS Tax Saver
- Shriram ELSS Tax Saver vs SBI Long Term Advantage Fund - Series IV
- Shriram ELSS Tax Saver vs SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE SERIES V
All ELSS (Tax Saving) comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.