Axis Aggressive Hybrid Fund vs Canara Robeco ELSS - Tax Saver Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Aggressive Hybrid Fund is an Aggressive Hybrid fund and Canara Robeco ELSS - Tax Saver Fund is an ELSS fund. In the 3 years to 30-10-2026, Axis Aggressive Hybrid Fund (Direct) returned 9.8% a year and Canara Robeco ELSS - Tax Saver Fund (Direct) returned 11.5% a year. Axis Aggressive Hybrid Fund charges 1.18% a year and Canara Robeco ELSS - Tax Saver Fund 0.73% (Direct plans). Their portfolios overlap 48.9%: they hold 45 of the same securities.
Axis Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 9.8%
- Expense ratio
- 1.18%
- NAV
- ₹22.41
Canara Robeco ELSS - Tax Saver Fund
ELSS
- 3 year return
- 11.5%
- Expense ratio
- 0.73%
- NAV
- ₹192.74
Which is better, Axis Aggressive Hybrid or Canara Robeco 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.
- Canara Robeco ELSS - Tax Saver returned more over 5 years: 9.0% a year against 6.2%.
- Canara Robeco ELSS - Tax Saver returned more over 3 years: 11.5% a year against 9.8%.
- Canara Robeco ELSS - Tax Saver costs less: 0.73% a year against 1.18% (Direct plans).
- Axis Aggressive Hybrid swung less over 3 years: a standard deviation of 10.3% a year against 13.5%.
- Axis Aggressive Hybrid fell less in its worst fall since 16-08-2018: −28.0% against −34.3%.
- Canara Robeco ELSS - Tax Saver holds more in large companies: 73.5% of the fund in large caps against 50.8%.
- Canara Robeco ELSS - Tax Saver is the larger fund: ₹8,167 Cr against ₹1,406 Cr.
- Their portfolios overlap 48.9%: 45 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 | Axis Aggressive Hybrid Fund | Canara Robeco ELSS - Tax Saver Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Canara Robeco Mutual Fund |
| Category | Aggressive Hybrid | ELSS |
| AUM | ₹1,406 Cr (30-09-2026) | ₹8,167 Cr (30-09-2026) |
| NAV | ₹22.41 (Direct) | ₹192.74 (Direct) |
| Expense ratio (Direct) | 1.18% | 0.73% |
| Expense ratio (Regular) | 2.23% | 1.85% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | BSE 500 TRI |
| Launch date | 09-08-2018 | 31-03-1993 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | None | 3 years |
| Fund managers | Jayesh Sundar, Devang Shah, Aditya Pagaria, Krishnaa N | Vishal Mishra / Mr. Shridatta Bhandwaldar |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | Nil |
Axis Aggressive Hybrid vs Canara Robeco 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 |
|---|---|---|---|---|---|---|---|
| Axis Aggressive Hybrid Fund (Direct) | +0.27% | −2.69% | +0.63% | −3.15% | +9.82% | +6.15% | -- |
| Canara Robeco ELSS - Tax Saver Fund (Direct) | +0.20% | −4.74% | −1.14% | −4.70% | +11.47% | +9.00% | +14.38% |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | +13.05% |
Category average: the average of the 29 Aggressive Hybrid funds and the 50 ELSS funds, same plan type.
Axis Aggressive Hybrid vs Canara Robeco ELSS - Tax Saver: Year-wise Returns
| Year | Axis Aggressive HybridAxis Aggressive Hybrid | Canara Robeco ELSS - Tax SaverCanara Robeco ELSS - Tax Saver |
|---|---|---|
| 2026to date | −2.90% | −4.49% |
| 2025 | +7.15% | +6.46% |
| 2024 | +15.99% | +18.88% |
| 2023 | +15.56% | +25.20% |
| 2022 | −3.95% | +1.22% |
| 2021 | +25.04% | +36.81% |
Axis Aggressive Hybrid vs Canara Robeco ELSS - Tax Saver: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Canara Robeco ELSS - Tax Saver Fund
Rolling returns
Every 3-year holding period, 1,290 of them, one for each trading day from 16-08-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Aggressive Hybrid Fund (Direct)
Canara Robeco ELSS - Tax Saver Fund (Direct)
BSE 500 TRI
to
Jan 2022Dec 2019
to
Dec 2022Oct 2020
to
Oct 2023Sept 2021
to
Sept 2024Jul 2022
to
Jul 2025May 2023
to
May 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Aggressive Hybrid | 0.0 | 0.0 | 14.1 | 58.8 | 22.7 | 4.4 | 0.0 | 13.2% | 12.4% | 6.8% | 22.4% | 3% |
| Canara Robeco ELSS - Tax Saver | 0.0 | 0.0 | 0.1 | 16.8 | 41.7 | 25.9 | 15.5 | 19.4% | 18.7% | 9.9% | 33.5% | 67% |
| BSE 500 TRI | 0.0 | 0.0 | 1.9 | 19.9 | 50.1 | 21.3 | 6.8 | 18.1% | 17.8% | 8.4% | 33.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 16-08-2018. Past returns do not promise future returns.
Axis Aggressive Hybrid vs Canara Robeco ELSS - Tax Saver: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 16-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Aggressive HybridAxis Aggressive Hybrid Fund (Direct) | ₹9,90,000 | ₹14,89,660 | ₹4,99,660 | 9.7% |
| Canara Robeco ELSS - Tax SaverCanara Robeco ELSS - Tax Saver Fund (Direct) | ₹9,90,000 | ₹17,51,062 | ₹7,61,062 | 13.5% |
Axis Aggressive HybridAxis Aggressive Hybrid Fund (Direct)
Canara Robeco ELSS - Tax SaverCanara Robeco ELSS - Tax Saver Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Aggressive Hybrid vs Canara Robeco ELSS - Tax Saver: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Aggressive Hybrid Fund (Direct) | Canara Robeco ELSS - Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.15% | −4.70% |
| Standard deviation | 10.33% | 14.07% |
| Sharpe ratio | -0.81 | -0.71 |
| Sortino ratio | -1.09 | -0.96 |
| Maximum drawdown | −10.3% (30-03-2026) | −12.9% (30-03-2026) |
| Beta | -- | 0.98 |
| Alpha | -- | +2.65% |
From daily NAVs, 30-10-2025 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.
| Measure | Axis Aggressive Hybrid Fund (Direct) | Canara Robeco ELSS - Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.82% | +11.47% |
| Standard deviation | 10.27% | 13.48% |
| Sharpe ratio | 0.37 | 0.40 |
| Sortino ratio | 0.51 | 0.55 |
| Maximum drawdown | −13.1% (28-02-2025) | −18.2% (28-02-2025) |
| Beta | -- | 0.94 |
| Alpha | -- | +1.82% |
From daily NAVs, 30-10-2023 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.
| Measure | Axis Aggressive Hybrid Fund (Direct) | Canara Robeco ELSS - Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.15% | +9.00% |
| Standard deviation | 10.56% | 13.58% |
| Sharpe ratio | 0.03 | 0.24 |
| Sortino ratio | 0.04 | 0.32 |
| Maximum drawdown | −17.3% (17-06-2022) | −18.6% (17-06-2022) |
| Beta | -- | 0.94 |
| Alpha | -- | +0.53% |
From daily NAVs, 29-10-2021 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.
| Measure | Axis Aggressive Hybrid Fund (Direct) | Canara Robeco ELSS - Tax Saver Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.32% | +14.38% |
| Standard deviation | 12.16% | 15.25% |
| Sharpe ratio | 0.42 | 0.55 |
| Sortino ratio | 0.56 | 0.74 |
| Maximum drawdown | −28.0% (23-03-2020) | −34.3% (23-03-2020) |
| Beta | -- | 0.94 |
| Alpha | -- | +1.96% |
From daily NAVs, 16-08-2018 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.
Axis Aggressive Hybrid Fund (Direct)
Canara Robeco ELSS - Tax Saver Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Aggressive Hybrid Fund (Direct) | −28.0% | 12-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −4.5% |
| Canara Robeco ELSS - Tax Saver Fund (Direct) | −34.3% | 20-02-2020 | 23-03-2020 | 16-09-2020 | 6 months | −6.9% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 16-08-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Aggressive Hybrid Fund (Direct)
Canara Robeco ELSS - Tax Saver Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Aggressive Hybrid Fund (Direct)
Canara Robeco ELSS - Tax Saver Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Aggressive Hybrid Fund (Direct)
Canara Robeco ELSS - Tax Saver Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Aggressive Hybrid Fund (Direct) | 77% | 69% | 6.30% |
| Canara Robeco ELSS - Tax Saver Fund (Direct) | 97% | 84% | 4.40% |
From month-end values since 16-08-2018. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Aggressive Hybrid vs Canara Robeco ELSS - Tax Saver: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Aggressive Hybrid Fund, September 2026; Canara Robeco ELSS - Tax Saver Fund, September 2026
Holdings in common
- Overlap
- 48.9%
- Held by both
- 45
- Only in Axis Aggressive Hybrid
- 78
- Only in Canara Robeco ELSS - Tax Saver
- 29
| Security | % of Axis Aggressive Hybrid | % of Canara Robeco ELSS - Tax Saver |
|---|---|---|
| ICICI Bank Limited | 4.82% | 6.82% |
| HDFC Bank Limited | 4.55% | 6.22% |
| Reliance Industries Limited | 4.73% | 4.05% |
| Bharti Airtel Limited | 2.75% | 3.35% |
| State Bank of India | 2.05% | 3.59% |
| Larsen & Toubro Limited | 1.98% | 3.42% |
| Infosys Limited | 1.77% | 2.96% |
| Bajaj Finance Limited | 1.66% | 2.74% |
| Eternal Limited | 1.41% | 2.31% |
| Divi's Laboratories Limited | 1.32% | 2.79% |
| Axis Bank Limited | 1.28% | 2.83% |
| Kotak Mahindra Bank Limited | 2.20% | 1.26% |
| Mahindra & Mahindra Limited | 2.09% | 1.24% |
| NTPC Limited | 1.37% | 1.21% |
| PNB Housing Finance Limited | 1.20% | 1.36% |
| The Phoenix Mills Limited | 0.99% | 1.14% |
| Hindustan Aeronautics Limited | 0.97% | 1.10% |
| Doms Industries Limited | 1.01% | 0.94% |
| InterGlobe Aviation Limited | 0.83% | 1.82% |
| Sun Pharmaceutical Industries Limited | 0.80% | 1.11% |
| Cholamandalam Investment and Finance Company Ltd | 1.90% | 0.76% |
| Samvardhana Motherson International Limited | 0.76% | 1.94% |
| United Spirits Limited | 0.73% | 0.94% |
| CG Power and Industrial Solutions Limited | 0.69% | 1.65% |
| Tata Power Company Limited | 0.67% | 1.00% |
| HDFC Life Insurance Company Limited | 0.73% | 0.66% |
| Varun Beverages Limited | 0.66% | 1.13% |
| The Indian Hotels Company Limited | 0.74% | 0.63% |
| FSN E-Commerce Ventures Limited | 0.57% | 0.88% |
| Titan Company Limited | 0.56% | 0.93% |
| Ather Energy Limited | 0.50% | 0.48% |
| Tata Consultancy Services Limited | 0.48% | 0.72% |
| Britannia Industries Limited | 0.69% | 0.47% |
| Tech Mahindra Limited | 0.46% | 0.76% |
| Indus Towers Limited | 0.43% | 0.47% |
| Piramal Pharma Limited | 0.41% | 0.73% |
| Jubilant Foodworks Limited | 0.41% | 0.51% |
| Info Edge (India) Limited | 0.36% | 0.99% |
| Torrent Pharmaceuticals Limited | 0.33% | 1.66% |
| ITC Limited | 0.31% | 0.68% |
| Bharat Electronics Limited | 0.31% | 0.90% |
| GE Vernova T&D India Limited | 0.24% | 1.09% |
| Maruti Suzuki India Limited | 0.18% | 0.97% |
| Schaeffler India Limited | 0.16% | 1.05% |
| Azad Engineering Ltd | 0.08% | 0.07% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 48.9% means 48.9% 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 Axis Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| 9.15% Piramal Finance Limited (17/06/2027) | 2.85% |
| Indus Infra Trust | 1.80% |
| 8.75% Bharti Telecom Limited (05/11/2029) | 1.79% |
| 7.55% Poonawalla Fincorp Limited (25/03/2027) | 1.77% |
| 9.5% Kogta Financial (India) Limited (30/10/2027) | 1.76% |
Largest holdings only in Canara Robeco ELSS - Tax Saver Fund
| Security | % of fund |
|---|---|
| Ultratech Cement Ltd | 1.78% |
| TVS Motor Co Ltd | 1.58% |
| BSE Ltd | 1.24% |
| Max Financial Services Ltd | 1.11% |
| Solar Industries India Ltd | 1.09% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Aggressive Hybrid | Canara Robeco ELSS - Tax Saver |
|---|---|---|
| Equity | 71.4% | 97.8% |
| Debt | 21.3% | 0.0% |
| Cash and others | 7.2% | 2.2% |
Market cap of stocks
| Market cap | Axis Aggressive Hybrid | Canara Robeco ELSS - Tax Saver |
|---|---|---|
| Large Cap | 50.8% | 73.5% |
| Mid Cap | 9.6% | 16.9% |
| Small Cap | 11.1% | 7.4% |
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 | Axis Aggressive Hybrid | Canara Robeco ELSS - Tax Saver |
|---|---|---|
| Banks | 15.4% | 20.7% |
| Pharmaceuticals & Biotechnology | 4.2% | 6.8% |
| Retailing | 2.8% | 6.3% |
| Finance | 6.1% | 5.7% |
| Automobiles | 3.0% | 5.1% |
| Petroleum Products | 4.7% | 4.0% |
| IT - Software | 3.6% | 4.4% |
| Auto Components | 3.4% | 4.0% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Aggressive Hybrid vs Canara Robeco ELSS - Tax Saver: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Aggressive Hybrid Fund | Canara Robeco ELSS - Tax Saver Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | 0.73% |
| Base expense ratio (Direct) | 0.94% | 0.57% |
| Total expense ratio (Regular) | 2.23% | 1.85% |
| Base expense ratio (Regular) | 1.83% | 1.53% |
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 Axis Aggressive Hybrid with
Compare Canara Robeco ELSS - Tax Saver with
- Canara Robeco ELSS - Tax Saver vs Motilal Oswal ELSS Tax Saver
- Canara Robeco ELSS - Tax Saver vs SBI Long Term Advantage Fund - Series V
- Canara Robeco ELSS - Tax Saver vs JM ELSS - Tax Saver
- Canara Robeco ELSS - Tax Saver vs WhiteOak Capital ELSS Tax Saver
- Canara Robeco ELSS - Tax Saver vs HSBC ELSS Tax saver
Axis Aggressive Hybrid Fund vs Canara Robeco ELSS - Tax Saver Fund: Frequently Asked Questions
What is the difference between Axis Aggressive Hybrid Fund and Canara Robeco ELSS - Tax Saver Fund?
Axis Aggressive Hybrid Fund is an Aggressive Hybrid fund, Canara Robeco ELSS - Tax Saver Fund is an ELSS fund, run by Axis Mutual Fund and Canara Robeco Mutual Fund. Their portfolios overlap 48.9%. Axis Aggressive Hybrid Fund charges 1.18% a year and Canara Robeco ELSS - Tax Saver Fund 0.73%.
Which has given higher returns, Axis Aggressive Hybrid Fund or Canara Robeco ELSS - Tax Saver Fund?
Over 1 year: Axis Aggressive Hybrid Fund −3.15%, Canara Robeco ELSS - Tax Saver Fund −4.70%. Over 3 years: Axis Aggressive Hybrid Fund +9.82% a year, Canara Robeco ELSS - Tax Saver Fund +11.47% a year. Over 5 years: Axis Aggressive Hybrid Fund +6.15% a year, Canara Robeco ELSS - Tax Saver Fund +9.00% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Aggressive Hybrid Fund or Canara Robeco ELSS - Tax Saver Fund?
Canara Robeco ELSS - Tax Saver Fund charges less: 0.73% a year against 1.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Aggressive Hybrid Fund and Canara Robeco ELSS - Tax Saver Fund overlap?
48.9%. They hold 45 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Axis Aggressive Hybrid Fund or Canara Robeco ELSS - Tax Saver Fund?
On SEBI's riskometer, Axis Aggressive Hybrid Fund is rated Very High and Canara Robeco ELSS - Tax Saver Fund Very High. Over 3 years, the standard deviation of daily returns was 10.27% and 13.48% a year.
Which is better for SIP, Axis Aggressive Hybrid Fund or Canara Robeco ELSS - Tax Saver Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,26,484 in Axis Aggressive Hybrid Fund (XIRR 6.8% a year) and ₹7,57,519 in Canara Robeco ELSS - Tax Saver Fund (XIRR 8.5% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Aggressive Hybrid Fund and Canara Robeco ELSS - Tax Saver Fund?
Yes. 48.9% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Aggressive Hybrid Fund and Canara Robeco ELSS - Tax Saver Fund?
Axis Aggressive Hybrid Fund: Jayesh Sundar, Devang Shah, Aditya Pagaria, Krishnaa N. Canara Robeco ELSS - Tax Saver Fund: Vishal Mishra / Mr. Shridatta Bhandwaldar.
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.