HDFC Flexi Cap Fund vs HDFC ELSS Tax Saver Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
17.84%
3Y Return
16.22%
Today, we're going to compare two popular funds – HDFC Flexi Cap Fund and HDFC ELSS Tax Saver Fund. Both funds have their own strengths and weaknesses, and it's essential to understand which one suits your long-term investment goals. In this article, we'll delve into the details of both funds, their performance, risk profile, and portfolio diversification to help you make an informed decision.
| Parameter | AHDFC Flexi Cap Fund - Direct Plan - Growth | BHDFC ELSS Tax Saver Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | HDFC Mutual Fund | HDFC Mutual Fund |
| Category | Multi Cap | ELSS |
| NAV (₹) | 1945.71 | 1325.00 |
| AUM (₹ Cr) | 10.05 Lac Cr | 1.56 Lac Cr |
| Expense Ratio (%) | 0.67% | 1.24% |
| Riskometer | Very High | Very High |
| Volatility | 12.97 | 13.3 |
| Sharpe Ratio | 0.87 | 0.73 |
| 1 Year Return (%) | -0.81% | -5.24% |
| 3 Year Return (%) | 17.84% | 16.22% |
| 5 Year Return (%) | 17.6% | 16.62% |
| Since Launch (%) | 14.35% | 12.04% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 April 2006 | 3 April 2006 |
| Exit Load | Nil | Nil |
| Fund Manager | Roshi Jain; Gopal Agrawal (3.8 years yrs) | Amar Kalkundrikar; Dhruv Muchhal (2.9 years yrs) |
| Benchmark | Nifty 500 Multicap 50:25:25 TRI | Nifty 500 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (6.5%), ICICI Bank Ltd. (5.8%), Reliance Industries Ltd. (4.9%) | ICICI Bank Ltd. (8.93%), HDFC Bank Ltd. (8.23%), Axis Bank Ltd. (7.22%) |
| Asset Allocation | Equity: 97.00% | T-Bills: 3.00% | Equity: 96.57% | GOI Sec: 0.33% |
| Portfolio Turnover | 26% | 32% |
🤖 AI Verdict – Which is Better?
HDFC Flexi Cap Fund seems to be a better option for long-term wealth creation. With a 3-year return of 17.84% and a lower expense ratio of 0.67%, it offers better returns and is cost-effective. Although both funds have a Very High risk profile, HDFC Flexi Cap Fund has a Sharpe ratio of 0.87, indicating better risk-adjusted returns. Haan, this fund is a suitable choice for investors seeking long-term growth.
Why consider HDFC Flexi Cap Fund?
- Expense ratio: 0.67%
- 3Y return: 17.84%
- AUM: 10.05 Lac Cr
- Sharpe Ratio: 0.87
Why consider HDFC ELSS Tax Saver Fund?
- Expense ratio: 1.24%
- 3Y return: 16.22%
- AUM: 1.56 Lac Cr
- Sharpe Ratio: 0.73
📈 SIP Suitability
For a monthly SIP of 10+ years, HDFC ELSS Tax Saver Fund seems more suitable. Both funds have a High risk profile, but HDFC ELSS Tax Saver Fund has a lower volatility of 13.3 compared to HDFC Flexi Cap Fund's 12.97. However, its 1-year return of -5.24% is a concern. Dekho, this fund is better for SIP investors who can ride out market fluctuations.
⚠️ Risk & Cost Analysis
Both funds have a Very High risk profile, but HDFC Flexi Cap Fund offers better risk-adjusted returns with a Sharpe ratio of 0.87. Its expense ratio of 0.67% is also lower compared to HDFC ELSS Tax Saver Fund's 1.24%. Chaliye, HDFC Flexi Cap Fund is a better choice for investors who want to minimize risk and maximize returns.
📊 Portfolio Diversification
HDFC ELSS Tax Saver Fund has a more diversified portfolio with a lower concentration of top holdings. Its top three holdings are ICICI Bank Ltd., HDFC Bank Ltd., and Axis Bank Ltd., each with a holding of less than 9%. HDFC Flexi Cap Fund's top three holdings are HDFC Bank Ltd., ICICI Bank Ltd., and Reliance Industries Ltd., with a higher concentration of 6.5%, 5.8%, and 4.9% respectively. Dekho, HDFC ELSS Tax Saver Fund is more diversified and has less sector risk.
SIP Calculator – Compare Growth Potential
HDFC Flexi Cap Fund
₹1664275.59
@17.8% annual return (3Y)
HDFC ELSS Tax Saver Fund
₹1502840.21
@16.2% 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?
Sach ye hai, HDFC Flexi Cap Fund gives better returns in the long run with a 5-year return of 17.6% compared to HDFC ELSS Tax Saver Fund's 16.62%.
Q2: Is the higher risk fund worth it?
Haan, HDFC Flexi Cap Fund is worth it due to its lower volatility of 12.97 and higher Sharpe ratio of 0.87, indicating better risk-adjusted returns.
Q3: Which fund is more cost-effective?
HDFC Flexi Cap Fund is more cost-effective with an expense ratio of 0.67% compared to HDFC ELSS Tax Saver Fund's 1.24%.
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