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Open Ended Schemes ( Equity Scheme - ELSS ) Mutual Funds in India

Quantitative risk-adjusted comparison across 138 AMFI-registered Open Ended Schemes ( Equity Scheme - ELSS ) schemes. Category Median 3Y CAGR: +9.40% p.a. • Category Median 3Y Sortino: 0.27.

Data last synced: 2026-11-10 09:32 (Latest NAV: 2026-11-09)

Schemes Ranked by 3-Year Sortino Ratio (Downside Risk Efficiency)

Category Rank Scheme Name AMC Plan 3Y CAGR 3Y Sortino Max Drawdown
#1 PGIM India Tax Plan - Bonus (AMFI 138393) PGIM India Mutual Fund Regular Plan N/A 1.97 -15.11%
#2 IDBI Equity Advantage Fund - Growth Direct (AMFI 123637) IDBI Mutual Fund Direct Plan +22.32% 1.45 -30.00%
#3 IDBI Equity Advantage Fund - Growth Regular (AMFI 123638) IDBI Mutual Fund Regular Plan +20.86% 1.31 -30.16%
#4 HSBC Tax Saver Equity Fund - Growth Direct (AMFI 120079) HSBC Mutual Fund Direct Plan +17.79% 1.10 -37.88%
#5 IDBI Equity Advantage Fund - IDCW Direct (AMFI 123635) IDBI Mutual Fund Direct Plan +18.71% 1.04 -33.38%
#6 HSBC Tax Saver Equity Fund - Growth (AMFI 104707) HSBC Mutual Fund Regular Plan +16.75% 1.00 -59.14%
#7 HDFC Long Term Advantage Plan - Growth Option - Direct Plan (AMFI 118929) HDFC Mutual Fund Direct Plan +21.19% 0.92 -39.63%
#8 Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option (AMFI 133386) Motilal Oswal Mutual Fund Direct Plan +19.18% 0.89 -37.72%
#9 HDFC Long Term Advantage Plan - Growth Plan (AMFI 100998) HDFC Mutual Fund Regular Plan +20.63% 0.89 -60.93%
#10 IDBI Equity Advantage Fund - IDCW Regular (AMFI 123636) IDBI Mutual Fund Regular Plan +16.90% 0.87 -36.21%
#11 SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH (AMFI 119723) SBI Mutual Fund Direct Plan +14.79% 0.86 -38.20%
#12 SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW) (AMFI 119722) SBI Mutual Fund Direct Plan +14.79% 0.86 -54.63%
#13 BARODA BNP PARIBAS ELSS Tax Saver Fund - Direct Plan - Growth Option (AMFI 150159) Baroda BNP Paribas Mutual Fund Direct Plan +15.67% 0.84 -17.34%
#14 Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option (AMFI 133385) Motilal Oswal Mutual Fund Regular Plan +17.79% 0.79 -37.82%
#15 Aditya Birla Sun Life Tax Plan - Direct Plan - Growth Option (AMFI 119661) Aditya Birla Sun Life Mutual Fund Direct Plan +14.89% 0.79 -35.93%
#16 SBI ELSS Tax Saver Fund - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW) (AMFI 103883) SBI Mutual Fund Regular Plan +14.05% 0.78 -68.69%
#17 SBI ELSS Tax Saver FUND - REGULAR PLAN- GROWTH (AMFI 105628) SBI Mutual Fund Regular Plan +14.05% 0.78 -61.50%
#18 quant ELSS Tax Saver Fund - Growth Option - Direct Plan (AMFI 120847) quant Mutual Fund Direct Plan +15.60% 0.74 -36.12%
#19 quant ELSS Tax Saver Fund - IDCW Option - Direct Plan (AMFI 120846) quant Mutual Fund Direct Plan +15.60% 0.74 -43.85%
#20 Aditya Birla Sun Life Tax Plan - Regular Plan - Growth Option (AMFI 104331) Aditya Birla Sun Life Mutual Fund Regular Plan +14.21% 0.72 -64.68%
#21 BARODA BNP PARIBAS ELSS Tax Saver Fund - Regular - Growth Option (AMFI 150156) Baroda BNP Paribas Mutual Fund Regular Plan +14.29% 0.71 -17.77%
#22 Navi ELSS Tax Saver Fund- Direct Plan- Growth Option (AMFI 135654) Navi Mutual Fund Direct Plan +13.02% 0.69 -37.77%
#23 Navi ELSS Tax Saver Fund - Direct Plan IDCW Payout (AMFI 135653) Navi Mutual Fund Direct Plan +12.98% 0.69 -37.78%
#24 Baroda ELSS 96 - Plan B (Direct)- Bonus Option (AMFI 125111) Baroda BNP Paribas Mutual Fund Direct Plan +17.20% 0.67 -39.02%
#25 Baroda ELSS 96 Plan B(Direct) -Growth Option (AMFI 134045) Baroda BNP Paribas Mutual Fund Direct Plan +17.20% 0.67 -39.02%
#26 quant ELSS Tax Saver Fund - Growth Option - Regular Plan (AMFI 100175) quant Mutual Fund Regular Plan +14.41% 0.64 -67.91%
#27 quant ELSS Tax Saver Fund - IDCW Option - Regular Plan (AMFI 100174) quant Mutual Fund Regular Plan +14.41% 0.64 -74.11%
#28 Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan (AMFI 119544) Aditya Birla Sun Life Mutual Fund Direct Plan +12.70% 0.63 -35.12%
#29 Kotak ELSS Tax Saver Fund-Growth - Direct (AMFI 119773) Kotak Mahindra Mutual Fund Direct Plan +13.15% 0.62 -36.43%
#30 Kotak ELSS Tax Saver Fund-Payout of Income Distribution cum capital withdrawal option - Direct (AMFI 119772) Kotak Mahindra Mutual Fund Direct Plan +13.15% 0.62 -37.77%
#31 Baroda ELSS 96 Fund - Plan A- Bonus Option (AMFI 125110) Baroda BNP Paribas Mutual Fund Regular Plan +16.34% 0.62 -40.08%
#32 Baroda ELSS 96 Plan A -Growth Option (AMFI 134044) Baroda BNP Paribas Mutual Fund Regular Plan +16.34% 0.62 -40.08%
#33 Taurus ELSS Tax Saver Fund - Direct Plan - Payout of Income Distribution cum Capital Withdrawal option (AMFI 118867) Taurus Mutual Fund Direct Plan +12.55% 0.60 -35.03%
#34 Taurus ELSS Tax Saver Fund - Direct Plan - Growth (AMFI 118866) Taurus Mutual Fund Direct Plan +12.55% 0.60 -35.05%
#35 ITI ELSS Tax Saver Fund - Direct Plan - Growth Option (AMFI 147541) ITI Mutual Fund Direct Plan +14.14% 0.59 -38.49%
#36 Quantum ELSS Tax Saver Fund - Direct Plan Growth Option (AMFI 111549) Quantum Mutual Fund Direct Plan +11.49% 0.57 -39.62%
#37 Aditya Birla Sun Life Tax Plan -DIRECT - IDCW (AMFI 119660) Aditya Birla Sun Life Mutual Fund Direct Plan +12.68% 0.56 -35.93%
#38 Aditya Birla Sun Life ELSS Tax Saver Fund - Growth Option (AMFI 107745) Aditya Birla Sun Life Mutual Fund Regular Plan +11.87% 0.54 -57.55%
#39 Franklin India ELSS Tax Saver Fund - Direct - Growth (AMFI 118540) Franklin Templeton Mutual Fund Direct Plan +11.78% 0.54 -38.99%
#40 Taurus ELSS Tax Saver Fund - Regular Plan - Payout of Income Distribution cum Capital Withdrawal option (AMFI 108402) Taurus Mutual Fund Regular Plan +11.86% 0.53 -58.18%

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