SEBI Reg. Investment Advisor

Download App
Help Center Pricing
Money Works 4 Me Logo MoneyWorks4Me
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

Best ELSS Mutual Funds 2026

ELSS or equity linked savings scheme is like any other equity mutual fund scheme, with a crucial difference of offering tax benefits. An ELSS gives you tax deduction benefit of up to ₹1.5 lakh under Section 80C.
Compare Funds
sort up
 sort down
Fund Name
sort up
 sort down
NAV (Rs.)
sort up sort down
AUM (Cr.)
sort up sort down
Returns Since
inception (%)
Returns
sort up
 sort down
Past
sort up
 sort down
Avg Rolling
 CAGR
Fund DeciZen
sort up sort down
P(%)
sort up sort down
Q
Sundaram LT Tax Adv Fund-Sr III-(G)-Direct ...
30.07 29
14.6
28 Mar' 18
4.97
16.09
20.16
N/A
22.18
25.98
25.75
N/A
 cagr
26
Q
Quant ELSS Tax Saver Fund(G)-Direct Plan
425.89 10,978
19.7
07 Jan' 13
0.4
13.86
16.27
17.43
24.50
23.77
23.55
23.23
 cagr
24
Q
Parag Parikh ELSS Tax Saver Fund(G)-Direct ...
32.57 5,261
19
24 Jul' 19
-7.78
12.06
13.7
N/A
23.78
22.49
23.44
N/A
 cagr
22
Q
Bank of India Midcap Tax Fund-Sr 1(G)-Direc...
28.67 55
13.8
19 Feb' 18
2.76
15.33
12.86
N/A
18.93
21.23
20.90
N/A
 cagr
21
Q
Mirae Asset ELSS Tax Saver Fund(G)-Direct Plan
55.48 22,940
18.1
28 Dec' 15
-1.69
12.98
11.38
13.96
20.56
18.72
20.06
18.84
 cagr
19
Q
Bank of India ELSS Tax Saver(G)-Direct Plan
192.55 1,260
17.2
01 Jan' 13
-2.46
14.61
13.22
14.66
19.20
18.40
18.35
18.16
 cagr
18
Q
DSP ELSS Tax Saver Fund(G)-Direct Plan
154.21 15,044
17
01 Jan' 13
-4.97
15.86
13.77
13.17
18.59
18.12
17.49
17.48
 cagr
18
Q
JM ELSS Tax Saver Fund(G)-Direct Plan
54.23 196
16.4
01 Jan' 13
-5.51
14.71
12.68
13.02
18.49
18.01
17.44
17.46
 cagr
18
Q
Bandhan ELSS Tax Saver Fund(G)-Direct Plan
174.99 6,274
16.8
01 Jan' 13
-2.5
11.75
13.02
12.95
18.33
17.87
17.58
17.55
 cagr
18
Q
Kotak ELSS Tax Saver Fund(G)-Direct Plan
133.66 5,587
15.1
01 Jan' 13
-3.93
11.4
11.6
11.8
16.99
17.28
16.77
16.79
 cagr
17
Q
Canara Rob ELSS Tax Saver(G)-Direct Plan
196.51 7,810
15.2
01 Jan' 13
-2.16
11.76
10.81
13.35
16.85
16.42
16.73
16.44
 cagr
16
Q
Tata ELSS Fund(G)-Direct Plan
52.21 4,091
15.3
13 Oct' 14
-1.24
12.91
11.83
11.86
16.70
15.83
15.64
15.91
 cagr
16
Q
ICICI Pru ELSS Tax Saver Fund(G)-Direct Plan
1031.61 12,810
15.1
01 Jan' 13
-2.71
13.29
11.77
11.16
15.54
15.43
15.12
15.02
 cagr
15
Q
Sundaram LT Micro Cap Tax Adv Fund-Sr V-(G)...
29.14 26
12.9
05 Jul' 17
2.47
15.32
19.07
N/A
18.52
21.47
22.40
N/A
 cagr
21
Q
Bank of India Midcap Tax Fund-Sr 2(G)-Direc...
33.65 28
17.6
19 Oct' 18
0.11
14.78
12.14
N/A
21.43
21.14
22.02
N/A
 cagr
21
Q
Invesco India ELSS Tax Saver Fund(G)-Direct...
139.85 2,293
15.9
01 Jan' 13
-8.97
11.55
9.11
10.97
16.19
16.60
16.29
16.18
 cagr
17
Q
ITI ELSS Tax Saver Fund(G)-Direct Plan
26.77 369
16.4
18 Oct' 19
-6.28
13.92
9.89
N/A
22.37
20.68
20.18
N/A
 cagr
21
Q
SBI LT Advantage Fund-V-(G)-Direct Plan
31.34 320
15.2
27 Mar' 18
0.04
18.62
15.05
N/A
19.48
19.81
19.68
N/A
 cagr
20
Q
ICICI Pru LT Wealth Enhancement Fund(G)-Dir...
29.57 35
14.4
23 Mar' 18
-1.64
15.36
14.56
N/A
17.78
19.60
19.49
N/A
 cagr
20
Q
Sundaram LT Micro Cap Tax Adv Fund-Sr IV-(G...
29.75 30
12.8
24 Mar' 17
2.24
14.91
19.3
10.75
17.52
19.39
21.27
11.81
 cagr
19
Q
Motilal Oswal ELSS Tax Saver Fund(G)-Direct...
60.92 3,969
17.3
21 Jan' 15
0.31
19.57
15.6
13.39
20.14
17.99
17.18
18.62
 cagr
18
Q
Sundaram LT Micro Cap Tax Adv Fund-Sr III-(...
34.40 63
14
18 Nov' 16
1.99
14.59
19.01
10.95
17.89
17.89
20.23
13.15
 cagr
18
Q
SBI ELSS Tax Saver Fund(G)-Direct Plan
468.60 28,441
15.7
01 Jan' 13
-4.25
18.86
16.59
13.35
17.17
16.54
15.49
15.50
 cagr
17
Q
Franklin India ELSS Tax Saver Fund(G)-Direc...
1590.83 5,684
15.2
01 Jan' 13
-6.12
14.03
13.06
11.37
15.98
16.00
15.17
15.18
 cagr
16
Q
Mahindra Manulife ELSS Tax Saver Fund(G)-Di...
32.53 828
13.2
18 Oct' 16
-4.62
10.36
11
9.61
15.32
15.76
17.20
13.57
 cagr
16
Q
Sundaram ELSS Tax Saver Fund(G)-Direct Plan
535.64 1,183
14.8
01 Jan' 13
-4.28
12.09
11.35
11.07
16.01
15.71
15.22
15.33
 cagr
16
Q
Shriram ELSS Tax Saver Fund(G)-Direct Plan
23.26 42
12.4
25 Jan' 19
-6.88
7.53
7.19
N/A
14.64
15.59
16.28
N/A
 cagr
16
Q
PGIM India ELSS Tax Saver Fund(G)-Direct Plan
38.11 638
13.8
11 Dec' 15
-8.7
7.23
9.79
10.39
16.40
15.58
17.20
15.21
 cagr
16
Q
HDFC ELSS Tax saver(G)-Direct Plan
1488.92 14,615
14.4
01 Jan' 13
-4.1
16.25
16.48
11.54
16.49
15.42
14.27
14.46
 cagr
15
Q
HSBC ELSS Tax saver Fund(G)-Direct Plan
147.42 3,561
14.7
01 Jan' 13
-2.31
15.45
12.28
11.07
16.00
15.28
14.36
14.50
 cagr
15
Q
Axis ELSS Tax Saver Fund(G)-Direct Plan
105.98 29,076
15.9
01 Jan' 13
-5.85
11.71
6.9
10.5
14.26
15.24
15.32
15.09
 cagr
15
Q
Groww ELSS Tax Saver Fund(G)-Direct Plan
21.68 46
9.8
28 Dec' 17
-5.73
9.72
8.36
N/A
13.22
15.16
14.96
N/A
 cagr
15
Q
Baroda BNP Paribas ELSS Tax Saver Fund(G)-D...
109.77 809
15
02 Jan' 13
-0.67
15.62
11.26
11.62
14.98
15.03
14.54
14.53
 cagr
15
Q
Edelweiss ELSS Tax saver Fund(G)-Direct Plan
134.51 395
14.7
21 Jan' 13
-0.65
13.11
11.35
10.58
15.02
14.79
14.35
14.35
 cagr
15
Q
Taurus ELSS Tax Saver Fund(G)-Direct Plan
194.06 64
12.9
01 Jan' 13
-9.19
10.36
10.63
10.94
15.01
14.73
14.22
14.28
 cagr
15
Q
LIC MF ELSS Tax Saver(G)-Direct Plan
166.59 915
13.8
01 Jan' 13
-10.65
10.65
9.87
10.2
14.52
14.45
14.20
14.16
 cagr
14
Q
UTI ELSS Tax Saver Fund(G)-Direct Plan
224.43 3,175
13.3
02 Jan' 13
-5.73
10.28
8.76
10.09
14.62
14.33
14.25
14.11
 cagr
14
Q
Union ELSS Tax Saver Fund(G)-Direct Plan
69.33 772
13.3
01 Jan' 13
-3.28
11.78
11.59
11.6
14.60
14.07
14.04
13.81
 cagr
14
Q
Nippon India ELSS Tax Saver Fund(G)-Direct ...
143.64 13,422
14
01 Jan' 13
-1.21
14.79
13.33
8.75
14.30
14.01
12.54
12.79
 cagr
14
Q
Quantum ELSS Tax Saver Fund(G)-Direct Plan
125.46 193
15.7
23 Dec' 08
-6.79
13.7
11.44
10.09
14.62
13.75
13.49
12.86
 cagr
14
Q
Aditya Birla SL ELSS Tax Saver Fund(G)-Dire...
67.86 13,117
13.9
01 Jan' 13
-0.69
12.22
7.04
8.62
12.88
13.66
13.02
13.11
 cagr
14
Q
WOC ELSS Tax Saver Fund(G)-Direct Plan
17.93 403
18.1
14 Oct' 22
-4.65
16.26
N/A
N/A
23.78
21.44
N/A
N/A
 cagr
21
Q
360 ONE ELSS Tax Saver Nifty 50 Index Fund(...
13.77 65
9.9
28 Dec' 22
-4.35
9.44
N/A
N/A
14.21
12.50
N/A
N/A
 cagr
13
Q
Navi ELSS Tax Saver Nifty 50 Index Fund(G)-...
14.72 101
13.4
20 Mar' 23
-5
8.62
N/A
N/A
13.17
10.56
N/A
N/A
 cagr
11
Q
Samco ELSS Tax Saver Fund(G)-Direct Plan
12.89 97
7.9
22 Dec' 22
-7.89
3.69
N/A
N/A
9.71
7.93
N/A
N/A
 cagr
8
Q
NJ ELSS Tax Saver Scheme(G)-Direct Plan
14.39 295
13.7
16 Jun' 23
-6.31
N/A
N/A
N/A
11.63
N/A
N/A
N/A
 cagr
N/A
Q
Bajaj Finserv ELSS Tax Saver Fund(G)-Direct...
11.35 71
11
29 Jan' 25
-4.97
N/A
N/A
N/A
7.50
N/A
N/A
N/A
 cagr
N/A
Q
Zerodha ELSS Tax Saver Nifty LargeMidcap 25...
14.04 235
14.9
08 Nov' 23
-0.55
N/A
N/A
N/A
7.71
N/A
N/A
N/A
 cagr
N/A
Q

Categories:

Flexi Cap Funds Large Cap Funds Mid Cap Funds Small Cap Funds Multi Cap Funds Large & Mid Cap Funds Tax Saver Funds Index Funds ETF Funds Nifty Midcap 50 Nifty Midcap Select Nifty Midcap 100 Nifty Smallcap 250 Nifty Smallcap 50 NIFTY Smallcap 100 Nifty Microcap 250 Nifty Largemidcap 250 Nifty500 Multicap 50:25:25

Fund House (AMC):

Aditya Birla Axis BNP Paribas DSP Franklin HDFC ICICI Bandhan Invesco Kotak L&T Mirae Motilal PPFAS Quantum Nippon SBI Sundaram Tata UTI NAVI

FAQs

ELSS or equity linked savings scheme is like any other equity mutual fund scheme, with a crucial difference of offering tax benefits. An ELSS gives you tax deduction benefit of up to ₹1.5 lakh under Section 80C.

Quality of the portfolio, consistency of returns, upside potential and Expense ratio are few parameters you should look at while choosing an ELSS fund. Read, 'How to choose the Best ELSS Fund' for details.

Every fund is assessed on the following:
  1. Consistent Outperformers : Track record of having generated returns above a benchmark on a 3-year rolling basis. Consistent performers are Green, followed by Orange. Red have an inconsistent track record on outperforming the index.
  2. The average 3-year rolling returns number appears in the first button.
  3. Quality of Portfolio is assessed based on the quality of each stock held. Predominantly high quality stocks get a Green second button, followed by Orange and Red (large amount of risky stocks).
  4. Upside Potential: Every fund is assessed on what returns it could deliver in the next 5 years based on it.

Select the fund that is Green on Performance which shows it has consistently outperformed the index. Select one with a high average 3-year rolling returns - the number in the first button. And select one with a Green rating on Quality-the second button.

Use the Funds Screener and select the category. It shows the funds with Green on Performance and Quality right on the top. The ones with the higher average 3-year rolling returns are ranked the highest. Funds with less than 5 years returns history are colored Grey on Performance. Since the track record is not for an adequately long period they feature lower in the list.

Build a well-diversified portfolio with funds that assures you of a stable growth through market and economic cycles and funds that enhance your portfolio returns over the long run.
  1. Core Funds: Choose from Large cap, Large and Mid cap and Flexicap funds.
  2. Booster Funds
    1. Choose from Mid and Small cap funds.
    2. Select a Sector or Thematic Fund that is likely to outperform in the long term.

Use the Fund Portfolio Analyzer, Sher-ya-Billi to check if your portfolio will deliver healthy returns or disappoint you. Go to Fund Portfolio Analyzer. You can also upload details of your funds in the Portfolio Manager and see the report on this page.

When adding a new fund check how different is the fund compared to your portfolio by using the link in the Right allocation box on the Fund Decision Maker.

Most investors have more, many more funds that they should-over diversified. This tends to reduce returns. Many investors have more of the same i.e. they have funds that have very similar portfolios and hence the fund portfolio is not well-diversified. Either there are too many large cap dominated funds or far too many mid and small cap funds. What you require is a good, balanced mix. Finally investors don't know when to exit a fund and end up carrying it even though the future upside potential is very low.
You have 2 views remaining. Unlock unlimited fund data views for free. Register Now
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

  • Fiduciary-first advisory model.
    As SEBI-registered IAs, we are legally and ethically bound to act in the best interests of our clients. We do not sell or distribute any financial products. This ensures our guidance is 100% unbiased and conflict-free.
  • Deep fundamental research + robust valuation discipline.
    Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
  • Process—not predictions.
    We don’t rely on guesswork or market timing. Instead, we focus on asset allocation, risk management, and long-term compounding.
  • Technology + Human Intelligence.
    We believe a combination of both is essential for investing success. We constantly innovate and upgrade in-house tools, financial X-rays, and portfolio analytics so that our team of analysts and advisors are equipped with the best.
  • Partner with Clients.
    We follow a DIWM (Do-It-With-Me) approach where we partner clients in setting goals, financial planning, educating on our investing process and share decision-enabling resources transparently with our clients who retain control on execution.

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

  • Investing in stocks, mutual funds, debt, and gold
  • Quality-at-Reasonable-Price way of investing in stocks
  • Constructing Direct Stock Portfolios with Core, Booster, and Amplifier stocks
  • A Mutual Fund Portfolio that delivers consistent out-performance and meaningful diversification (low overlap)
  • Periodic review and rebalancing
  • Clear Buy-Sell-Hold, and Position-sizing frameworks
×