SBI Blue Chip 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
31.25%
3Y Return
14.73%
Haan, we're comparing two prominent funds in the Indian market - SBI Blue Chip Fund and Mirae Asset ELSS Tax Saver Fund. Dekho, both funds are in the Very High risk category, but they belong to different categories - Large Cap and ELSS, respectively. Chaliye, let's dive into the detailed analysis to find out which fund is best suited for long-term wealth creation.
| Parameter | ASBI Blue Chip Fund - Direct Plan - Growth | BMirae Asset ELSS Tax Saver Fund - Regular Plan - Growth |
|---|---|---|
| Fund House | SBI Mutual Fund | Mirae Asset |
| Category | Large Cap | ELSS |
| NAV (₹) | 101.68 | 48.73 |
| AUM (₹ Cr) | 5.35 Lac Cr | 2.53 Lac Cr |
| Expense Ratio (%) | 0.79% | 1.62% |
| Riskometer | Very High | Very High |
| Volatility | 11.35 | 13.85 |
| Sharpe Ratio | 2.18 | 0.59 |
| 1 Year Return (%) | 9.84% | 2.19% |
| 3 Year Return (%) | 31.25% | 14.73% |
| 5 Year Return (%) | 25.25% | 12.52% |
| Since Launch (%) | 12.02% | 16.42% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 January 2013 | 29 December 2015 |
| Exit Load | Nil | Nil |
| Fund Manager | Pradeep Kesavan; Saurabh Pant (2.5 years yrs) | Neelesh Surana (10.5 years yrs) |
| Benchmark | BSE 100 Total Return Index | Nifty 500 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (8.73%), ICICI Bank Ltd. (7.76%), Reliance Industries Ltd. (6.56%) | HDFC Bank Ltd. (9.53%), ICICI Bank Ltd. (4.84%), Reliance Industries Ltd. (4.19%) |
| Asset Allocation | Equity: 97.26% | T-Bills: 0.78% | Equity: 99.11% | Mutual Fund: 0.0% |
| Portfolio Turnover | 8% | 69% |
🤖 AI Verdict – Which is Better?
Sach ye hai, for long-term wealth creation, I recommend SBI Blue Chip Fund. Dekho, its 3Y return is significantly higher at 31.25% compared to Mirae Asset ELSS Tax Saver Fund's 14.73%. Lekin, a lower expense ratio of 0.79% in SBI Blue Chip Fund is a major plus. Haan, considering these parameters, SBI Blue Chip Fund is the clear winner.
Why consider SBI Blue Chip Fund?
- Expense ratio: 0.79%
- 3Y return: 31.25%
- AUM: 5.35 Lac Cr
- Sharpe Ratio: 2.18
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
For a monthly SIP of 10+ years, I suggest Mirae Asset ELSS Tax Saver Fund. Dekho, its 3Y return is more consistent, and it has a lower volatility of 13.85 compared to SBI Blue Chip Fund's 11.35. Chaliye, this makes it a better choice for long-term SIP investors.
⚠️ Risk & Cost Analysis
Sach ye hai, let's compare the riskometer, volatility, Sharpe ratio, and expense ratio of both funds. Dekho, SBI Blue Chip Fund has a riskometer of Very High, but its Sharpe ratio is higher at 2.18. Lekin, Mirae Asset ELSS Tax Saver Fund's low Sharpe ratio of 0.59 is a major concern. Haan, considering these factors, SBI Blue Chip Fund offers better risk-adjusted returns.
📊 Portfolio Diversification
Dekho, SBI Blue Chip Fund has a more diversified portfolio with an equity allocation of 97.26% and a T-Bills allocation of 0.78%. Lekin, Mirae Asset ELSS Tax Saver Fund has a high concentration in top holdings, with HDFC Bank Ltd. and ICICI Bank Ltd. together accounting for 14.37% of the portfolio. Chaliye, this makes SBI Blue Chip Fund a more diversified choice.
SIP Calculator – Compare Growth Potential
SBI Blue Chip Fund
₹4110903.05
@31.3% 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?
SBI Blue Chip Fund gives better returns in the long run, with a 5Y return of 25.25% and a 3Y return of 31.25%.
Q2: Is the higher risk fund worth it?
No, Mirae Asset ELSS Tax Saver Fund's higher volatility and lower Sharpe ratio make it a riskier choice compared to SBI Blue Chip Fund.
Q3: Which fund is more cost-effective?
SBI Blue Chip Fund is more cost-effective, with an expense ratio of 0.79% compared to Mirae Asset ELSS Tax Saver Fund's 1.62%.
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