Abakkus Small Cap Fund vs ITI ELSS Tax Saver Fund
Direct Plan, Growth option · Data as on 30-10-2026
Abakkus Small Cap Fund is a Small Cap fund and ITI ELSS Tax Saver Fund is an ELSS fund. Abakkus Small Cap Fund charges 1.23% a year and ITI ELSS Tax Saver Fund 0.93% (Direct plans). Their portfolios overlap 20.4%: they hold 15 of the same securities.
Which is better, Abakkus Small Cap or ITI ELSS Tax Saver? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- ITI ELSS Tax Saver costs less: 0.93% a year against 1.23% (Direct plans).
- Abakkus Small Cap fell less in its worst fall since 20-03-2026: −10.9% against −11.8%.
- ITI ELSS Tax Saver holds more in large companies: 28.6% of the fund in large caps against 6.2%.
- Abakkus Small Cap is the larger fund: ₹3,248 Cr against ₹445 Cr.
- Their portfolios overlap 20.4%: 15 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Abakkus Small Cap Fund | ITI ELSS Tax Saver Fund |
|---|---|---|
| Fund house | Abakkus Mutual Fund | ITI Mutual Fund |
| Category | Small Cap | ELSS |
| AUM | ₹3,248 Cr (30-09-2026) | ₹445 Cr (30-09-2026) |
| NAV | ₹11.57 (Direct) | ₹26.31 (Direct) |
| Expense ratio (Direct) | 1.23% | 0.93% |
| Expense ratio (Regular) | 2.52% | 2.60% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty Smallcap 250 TRI | Nifty 500 TRI |
| Launch date | 17-03-2026 | 18-10-2019 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | 3 years |
| Fund managers | Sanjay Doshi, Abhishek Krishnaswami Srinivas | Dhimant Shah |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 3 months. | Nil |
Abakkus Small Cap vs ITI ELSS Tax Saver: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Abakkus Small Cap Fund (Direct) | −6.35% | −5.47% | +4.94% | -- | -- | -- | -- |
| ITI ELSS Tax Saver Fund (Direct) | −6.59% | −7.59% | −3.93% | −7.52% | +13.67% | +11.23% | -- |
| Small Cap average | −5.86% | −3.28% | +5.03% | -- | -- | -- | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
Category average: the average of the 36 Small Cap funds and the 50 ELSS funds, same plan type.
Abakkus Small Cap vs ITI ELSS Tax Saver: Year-wise Returns
| Year | Abakkus Small CapAbakkus Small Cap | ITI ELSS Tax SaverITI ELSS Tax Saver |
|---|---|---|
| 2026to date | -- | −5.14% |
| 2025 | -- | +4.45% |
| 2024 | -- | +24.47% |
| 2023 | -- | +39.06% |
| 2022 | -- | +4.60% |
| 2021 | -- | +21.63% |
Abakkus Small Cap vs ITI ELSS Tax Saver: Rolling Returns
Every holding period of both funds, against Nifty Smallcap 250 TRI, the benchmark of Abakkus Small Cap Fund
Abakkus Small Cap vs ITI ELSS Tax Saver: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Abakkus Small Cap Fund (Direct) | ITI ELSS Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +27.18% | +14.69% |
| Standard deviation | 14.35% | 17.91% |
| Sharpe ratio | 1.53 | 0.53 |
| Sortino ratio | 2.17 | 0.70 |
| Maximum drawdown | −10.9% (23-10-2026) | −38.5% (23-03-2020) |
| Beta | 0.72 | 0.98 |
| Alpha | +8.84% | +1.01% |
From daily NAVs, 20-03-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Abakkus Small Cap Fund (Direct)
ITI ELSS Tax Saver Fund (Direct)
Nifty Smallcap 250 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Abakkus Small Cap Fund (Direct) | −10.9% | 10-09-2026 | 23-10-2026 | Not yet | -- | −9.3% |
| ITI ELSS Tax Saver Fund (Direct) | −11.8% | 10-08-2026 | 23-10-2026 | Not yet | -- | −10.8% |
| Nifty Smallcap 250 TRI | −11.5% | 08-09-2026 | 23-10-2026 | Not yet | -- | −9.4% |
From daily values since 20-03-2026, the first day every fund has.
Abakkus Small Cap vs ITI ELSS Tax Saver: Portfolio Overlap
From each fund's latest monthly portfolio: Abakkus Small Cap Fund, September 2026; ITI ELSS Tax Saver Fund, September 2026
Holdings in common
- Overlap
- 20.4%
- Held by both
- 15
- Only in Abakkus Small Cap
- 52
- Only in ITI ELSS Tax Saver
- 56
| Security | % of Abakkus Small Cap | % of ITI ELSS Tax Saver |
|---|---|---|
| Welspun Corp Limited | 2.51% | 2.65% |
| Sansera Engineering Limited | 2.10% | 2.80% |
| IIFL Finance Limited | 1.76% | 2.20% |
| HDFC Bank Limited | 1.56% | 2.39% |
| PNB Housing Finance Limited | 1.55% | 1.84% |
| State Bank of India | 1.48% | 2.34% |
| NTPC Limited | 1.64% | 1.46% |
| Karur Vysya Bank Limited | 2.00% | 1.20% |
| RBL Bank Limited | 1.18% | 1.20% |
| Kirloskar Pneumatic Company Limited | 1.18% | 1.74% |
| BEML Limited | 1.39% | 1.15% |
| Gabriel India Limited | 1.52% | 1.06% |
| PG Electroplast Limited | 1.33% | 0.87% |
| Central Depository Services (India) Limited | 1.95% | 0.83% |
| Mrs. Bectors Food Specialities Ltd | 1.17% | 0.50% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.4% means 20.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Abakkus Small Cap Fund
| Security | % of fund |
|---|---|
| Vedant Fashions Limited | 2.26% |
| Leela Palaces Hotels & Resorts Limited | 2.23% |
| ZF Commercial Vehicle Control Systems India Limited | 2.19% |
| Aether Industries Limited | 2.04% |
| Rategain Travel Technologies Limited | 1.97% |
Largest holdings only in ITI ELSS Tax Saver Fund
| Security | % of fund |
|---|---|
| TVS Motor Company Limited | 2.90% |
| Cholamandalam Investment and Finance Company Ltd | 2.80% |
| Bajaj Finance Limited | 2.54% |
| Sanghvi Movers Limited | 2.25% |
| Mahindra & Mahindra Limited | 2.21% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Abakkus Small Cap | ITI ELSS Tax Saver |
|---|---|---|
| Equity | 91.9% | 99.0% |
| Debt | 0.6% | 0.0% |
| Cash and others | 7.5% | 1.0% |
Market cap of stocks
| Market cap | Abakkus Small Cap | ITI ELSS Tax Saver |
|---|---|---|
| Large Cap | 6.2% | 28.6% |
| Mid Cap | 1.6% | 7.3% |
| Small Cap | 80.9% | 60.0% |
| Not on AMFI's list | 3.2% | 3.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Abakkus Small Cap | ITI ELSS Tax Saver |
|---|---|---|
| Finance | 4.9% | 17.4% |
| Banks | 7.8% | 14.0% |
| Industrial Products | 9.5% | 10.3% |
| Auto Components | 7.5% | 6.0% |
| Pharmaceuticals & Biotechnology | 6.3% | 5.2% |
| Automobiles | 0.0% | 5.1% |
| Commercial Services & Supplies | 4.9% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Abakkus Small Cap vs ITI ELSS Tax Saver: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Abakkus Small Cap Fund | ITI ELSS Tax Saver Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.23% | 0.93% |
| Base expense ratio (Direct) | 0.52% | 0.62% |
| Total expense ratio (Regular) | 2.52% | 2.60% |
| Base expense ratio (Regular) | 1.66% | 2.10% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Abakkus Small Cap with
Abakkus Small Cap Fund vs ITI ELSS Tax Saver Fund: Frequently Asked Questions
What is the difference between Abakkus Small Cap Fund and ITI ELSS Tax Saver Fund?
Abakkus Small Cap Fund is a Small Cap fund, ITI ELSS Tax Saver Fund is an ELSS fund, run by Abakkus Mutual Fund and ITI Mutual Fund. Their portfolios overlap 20.4%. Abakkus Small Cap Fund charges 1.23% a year and ITI ELSS Tax Saver Fund 0.93%.
Which has the lower expense ratio, Abakkus Small Cap Fund or ITI ELSS Tax Saver Fund?
ITI ELSS Tax Saver Fund charges less: 0.93% a year against 1.23%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Abakkus Small Cap Fund and ITI ELSS Tax Saver Fund overlap?
20.4%. They hold 15 of the same securities, the largest shared ones being WELCORP, SANSERA, IIFL. From each fund's latest monthly portfolio.
Which is riskier, Abakkus Small Cap Fund or ITI ELSS Tax Saver Fund?
On SEBI's riskometer, Abakkus Small Cap Fund is rated Very High and ITI ELSS Tax Saver Fund Very High. Over their common history, the standard deviation of daily returns was 14.35% and 17.91% a year.
Can I invest in both Abakkus Small Cap Fund and ITI ELSS Tax Saver Fund?
Yes. 20.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Abakkus Small Cap Fund and ITI ELSS Tax Saver Fund?
Abakkus Small Cap Fund: Sanjay Doshi, Abhishek Krishnaswami Srinivas. ITI ELSS Tax Saver Fund: Dhimant Shah.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.