Axis Liquid Fund vs Mirae Asset ELSS Tax Saver Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
6.98%
3Y Return
14.73%
Aaj hum apne pustakeeon se ek aur financial fund ki comparison karenge. Hum ek liquid fund aur ek ELSS fund ka adhyayan karenge. Is article mein hum Fund A: Axis Liquid Fund aur Fund B: Mirae Asset ELSS Tax Saver Fund ki comparison karenge.
| Parameter | AAxis Liquid Fund - Direct Plan - Growth | BMirae Asset ELSS Tax Saver Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | Axis Mutual Fund | Mirae Asset |
| Category | Liquid | ELSS |
| NAV (₹) | 3096.85 | 48.73 |
| AUM (₹ Cr) | 5.16 Lac Cr | 2.53 Lac Cr |
| Expense Ratio (%) | 0.11% | 1.62% |
| Riskometer | Low | Very High |
| Volatility | 0.11 | 13.85 |
| Sharpe Ratio | 4.36 | 0.59 |
| 1 Year Return (%) | 6.25% | 2.19% |
| 3 Year Return (%) | 6.98% | 14.73% |
| 5 Year Return (%) | 6.17% | 12.52% |
| Since Launch (%) | 6.86% | 16.42% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 1 January 2013 | 29 December 2015 |
| Exit Load | Nil | Nil |
| Fund Manager | Aditya Pagaria; Devang Shah; Sachin Jain (13.4 years yrs) | Neelesh Surana (10.5 years yrs) |
| Benchmark | NIFTY Liquid Index | Nifty 500 TRI |
| Top 3 Holdings | Reserve Bank of India (3.46%), National Bank For Agriculture & Rural Development (3.37%), Reliance Jio Infocomm Ltd. (2.9%) | HDFC Bank Ltd. (9.53%), ICICI Bank Ltd. (4.84%), Reliance Industries Ltd. (4.19%) |
| Asset Allocation | CP: 53.47% | CD: 31.44% | T-Bills: 11.86% | Debenture: 0.88% | Money Mkt: 0.39% | Bonds/NCD: 0.28% | NCD: 0.24% | Debt: 0.09% | IRS: 0.0% | Equity: 99.11% | Mutual Fund: 0.0% |
| Portfolio Turnover | 207% | 69% |
🤖 AI Verdict – Which is Better?
Haan, aapko pata hai ki hum is article mein kehna hain ki Fund B Mirae Asset ELSS Tax Saver Fund better hai Fund A ke liye. Iska karan haalaanki Fund A ka 5Y return 6.17% hai, lekin Fund B ka 3Y return 14.73% hai, jo bahut hi accha hai. Lekin expense ratio ke madhyam se bhi Fund B kam expensive hai.
Why consider Axis Liquid Fund?
- Expense ratio: 0.11%
- 3Y return: 6.98%
- AUM: 5.16 Lac Cr
- Sharpe Ratio: 4.36
Why consider Mirae Asset ELSS Tax Saver Fund?
- Expense ratio: 1.62%
- 3Y return: 14.73%
- AUM: 2.53 Lac Cr
- Sharpe Ratio: 0.59
📈 SIP Suitability
SIP (Regular Investment) ke liye Fund A better hai. Fund A ka 3Y return 6.98% hai, jo bahut hi accha hai. Iske alawa, Fund A ka expense ratio 0.11% hai, jo bahut kam hai. Fund B ka 3Y return 14.73% hai lekin expense ratio 1.62% hai, jo bahut jyada hai.
⚠️ Risk & Cost Analysis
Fund A ka Riskometer Low hai aur volatility 0.11 hai, jo bahut kam hai. Sharpe ratio bhi 4.36 hai, jo bahut accha hai. Iske alawa, expense ratio 0.11% hai, jo bahut kam hai. Fund B ka Riskometer Very High hai aur volatility 13.85 hai, jo bahut jyada hai. Sharpe ratio 0.59 hai, jo kam hai. Iske alawa, expense ratio 1.62% hai, jo bahut jyada hai.
📊 Portfolio Diversification
Fund A ka asset allocation CP 53.47%, CD 31.44%, T-Bills 11.86% aur Debenture 0.88% hai. Iske alawa, top 3 holdings RBI, NABARD aur Reliance Jio hai. Fund B ka asset allocation equity 99.11% hai aur top 3 holdings HDFC Bank, ICICI Bank aur Reliance Industries hai. Fund A ka asset allocation aur top holdings concentration Fund B ke liye kam hai.
SIP Calculator – Compare Growth Potential
Axis Liquid Fund
₹869500.53
@7.0% annual return (3Y)
Mirae Asset ELSS Tax Saver Fund
₹1370327.40
@14.7% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Fund B ka 5Y return 12.52% hai, jiska matalab hai ki Fund B aapko long run mein better returns de sakta hai.
Q2: Is the higher risk fund worth it?
Haan, Fund B ka riskometer Very High hai lekin uska Sharpe ratio Fund A ke compare mein kam hai. Iske alawa, Fund B ka expense ratio 1.62% hai, jiska matalab hai ki Fund B aapko long run mein better returns de sakta hai.
Q3: Which fund is more cost-effective?
Fund A ka expense ratio 0.11% hai, jiska matalab hai ki Fund A aapko cost-effective hai Fund B ke compare mein.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price