Canara Robeco Liquid Fund vs Axis ELSS Tax Saver Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
6.96%
3Y Return
11.66%
dekho, humne do alag-alag category ke funds ko compare kiya hai, ek Liquid Fund - Canara Robeco Liquid Fund aur doosra ELSS - Axis ELSS Tax Saver Fund, aapko yeh jaankari milegi ki kaunsa fund long-term wealth creation ke liye better hai, chaliye shuru karte hain.
| Parameter | ACanara Robeco Liquid Fund - Direct Plan - Growth | BAxis ELSS Tax Saver Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | Canara Robeco | Axis Mutual Fund |
| Category | Liquid Fund | ELSS |
| NAV (₹) | 3337.33 | 104.77 |
| AUM (₹ Cr) | 3.95 Lac Cr | 3.16 Lac Cr |
| Expense Ratio (%) | 0.12% | 1.66% |
| Riskometer | Low | Very High |
| Volatility | 0.11 | 13.4 |
| Sharpe Ratio | 4.18 | 0.39 |
| 1 Year Return (%) | 6.22% | -2.52% |
| 3 Year Return (%) | 6.96% | 11.66% |
| 5 Year Return (%) | 6.13% | 8.43% |
| Since Launch (%) | 6.72% | 15.62% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 1 January 2013 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Shridatta Bhandwaldar (3.5 years yrs) | Ashish Naik; Shreyash Devalkar (2.8 years yrs) |
| Benchmark | NIFTY Liquid Index | Nifty 500 TRI |
| Top 3 Holdings | State Bank of India CD (8.5%), HDFC Bank CD (7.2%), Reliance Industries T-Bills (6.8%) | ICICI Bank Ltd. (7.04%), HDFC Bank Ltd. (5.64%), Bharti Airtel Ltd. (4.32%) |
| Asset Allocation | T-Bills: 65.00% | CD: 20.00% | CP: 10.00% | Cash: 5.00% | Equity: 97.56% |
| Portfolio Turnover | 223% | 14% |
🤖 AI Verdict – Which is Better?
haan, agar hum 3Y return, expense ratio aur risk ko dekhein, to Canara Robeco Liquid Fund better option lagta hai, kyunki uska 3Y return 6.96% hai, expense ratio 0.12% hai aur riskometer low hai, lekin Axis ELSS Tax Saver Fund ka 3Y return 11.66% hai, lekin uska riskometer very high hai aur expense ratio 1.66% hai.
Why consider Canara Robeco Liquid Fund?
- Expense ratio: 0.12%
- 3Y return: 6.96%
- AUM: 3.95 Lac Cr
- Sharpe Ratio: 4.18
Why consider Axis ELSS Tax Saver Fund?
- Expense ratio: 1.66%
- 3Y return: 11.66%
- AUM: 3.16 Lac Cr
- Sharpe Ratio: 0.39
📈 SIP Suitability
sach ye hai, agar aap long-term SIP ke liye soch rahe hain, to Canara Robeco Liquid Fund better option hai, kyunki uska return stable hai aur risk low hai, chaliye is fund mein SIP shuru karte hain.
⚠️ Risk & Cost Analysis
dekho, riskometer, volatility, Sharpe ratio aur expense ratio ko compare karte hain, to Canara Robeco Liquid Fund ka riskometer low hai, volatility 0.11 hai, Sharpe ratio 4.18 hai aur expense ratio 0.12% hai, jo ki Axis ELSS Tax Saver Fund se better hai.
📊 Portfolio Diversification
haan, agar hum asset allocation aur top holdings ko dekhein, to Canara Robeco Liquid Fund ka asset allocation diversified hai, T-Bills 65%, CD 20%, CP 10% aur Cash 5% hai, lekin Axis ELSS Tax Saver Fund ka asset allocation equity mein 97.56% hai, jo ki sector risk ko badhata hai.
SIP Calculator – Compare Growth Potential
Canara Robeco Liquid Fund
₹868530.05
@7.0% annual return (3Y)
Axis ELSS Tax Saver Fund
₹1138461.04
@11.7% 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?
Axis ELSS Tax Saver Fund ka 5Y return 8.43% hai, jo ki Canara Robeco Liquid Fund se better hai.
Q2: Is the higher risk fund worth it?
dekho, Axis ELSS Tax Saver Fund ka volatility 13.4 hai, jo ki Canara Robeco Liquid Fund se bahut high hai, lekin uska Sharpe ratio 0.39 hai, jo ki Canara Robeco Liquid Fund se low hai.
Q3: Which fund is more cost‑effective?
Canara Robeco Liquid Fund ka expense ratio 0.12% hai, jo ki Axis ELSS Tax Saver Fund se bahut low hai, exit load ki jaankari N/A hai.
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