The scheme seeks to generate capital appreciation / income from a portfolio, comprising predominantly of equity & equity related instruments.
The scheme aims to generate capital appreciation by investing predominantly in equity shares with growth potential. The secondary objective is to give dividend and other income.
17.3% of the combined portfolio weight is common between HDFC ELSS Tax Saver Fund Direct Plan-Growth and Quant ELSS Tax Saver Fund Direct-Growth.
5 stocks appear in both portfolios.
The largest shared holding is ICICI Bank Ltd., at 9.64% of HDFC ELSS Tax Saver Fund Direct Plan-Growth and 9.94% of Quant ELSS Tax Saver Fund Direct-Growth.
The two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure.
Largest common holdings
ICICI Bank Ltd.Larsen & Toubro Ltd.Bharti Airtel Ltd.Tech Mahindra Ltd.ICICI Prudential Asset Management Company Ltd.
Quant ELSS Tax Saver Fund Direct-Growth has delivered the higher 3-year CAGR (17.22% vs 15.70%). HDFC ELSS Tax Saver Fund Direct Plan-Growth is the cheaper of the two with an expense ratio of 1.18% against 1.21%. HDFC ELSS Tax Saver Fund Direct Plan-Growth manages the larger corpus at ₹15.69k Cr. There is no single "better" fund — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.
Over 1 year, Quant ELSS Tax Saver Fund Direct-Growth returned 15.11% against 1.11% for HDFC ELSS Tax Saver Fund Direct Plan-Growth; and over 3 years, Quant ELSS Tax Saver Fund Direct-Growth leads with a 17.22% CAGR versus 15.70%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.
HDFC ELSS Tax Saver Fund Direct Plan-Growth has the lower expense ratio at 1.18%, compared with 1.21% for Quant ELSS Tax Saver Fund Direct-Growth — a difference of 0.03% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick a fund.
Both HDFC ELSS Tax Saver Fund Direct Plan-Growth and Quant ELSS Tax Saver Fund Direct-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.
The portfolio overlap between the two funds is 17.3%, which is considered low. At this level the two funds hold largely different portfolios, so holding both can genuinely diversify your equity exposure. You can see the shared stocks in the overlap section above.
Yes — both are Equity: ELSS funds, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.
HDFC ELSS Tax Saver Fund Direct Plan-Growth has a NAV of ₹1524.30 and an AUM of ₹15.69k Cr, and was launched on 31 Dec 2012. Quant ELSS Tax Saver Fund Direct-Growth has a NAV of ₹464.42 and an AUM of ₹13.14k Cr, launched on 31 Dec 2012. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.
