Axis ELSS- Tax Saver Fund vs Sundaram Aggressive Hybrid Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis ELSS- Tax Saver Fund is an ELSS fund and Sundaram Aggressive Hybrid Fund is an Aggressive Hybrid fund. In the 3 years to 30-10-2026, Axis ELSS- Tax Saver Fund (Direct) returned 10.7% a year and Sundaram Aggressive Hybrid Fund (Direct) returned 8.6% a year. Axis ELSS- Tax Saver Fund charges 1.05% a year and Sundaram Aggressive Hybrid Fund 1.15% (Direct plans). Their portfolios overlap 35.1%: they hold 23 of the same securities.
Axis ELSS- Tax Saver Fund
ELSS
- 3 year return
- 10.7%
- Expense ratio
- 1.05%
- NAV
- ₹106.82
Sundaram Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 8.6%
- Expense ratio
- 1.15%
- NAV
- ₹177.46
Which is better, Axis ELSS- Tax Saver or Sundaram Aggressive Hybrid? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis ELSS- Tax Saver returned more over 3 years: 10.7% a year against 8.6%.
- Axis ELSS- Tax Saver returned more over 1 year: −4.5% against −6.7%.
- Axis ELSS- Tax Saver costs less: 1.05% a year against 1.15% (Direct plans).
- Sundaram Aggressive Hybrid swung less over 3 years: a standard deviation of 10.1% a year against 13.3%.
- Sundaram Aggressive Hybrid fell less in its worst fall since 03-01-2022: −13.1% against −25.1%.
- Axis ELSS- Tax Saver holds more in large companies: 68.0% of the fund in large caps against 40.0%.
- Axis ELSS- Tax Saver is the larger fund: ₹30,269 Cr against ₹8,793 Cr.
- Their portfolios overlap 35.1%: 23 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 ELSS- Tax Saver Fund | Sundaram Aggressive Hybrid Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Sundaram Mutual Fund |
| Category | ELSS | Aggressive Hybrid |
| AUM | ₹30,269 Cr (30-09-2026) | ₹8,793 Cr (30-09-2026) |
| NAV | ₹106.82 (Direct) | ₹177.46 (Direct) |
| Expense ratio (Direct) | 1.05% | 1.15% |
| Expense ratio (Regular) | 1.76% | 2.15% |
| Riskometer | Very High | High |
| Benchmark | Nifty 500 TRI | CRISIL Hybrid 35+65 - Aggressive Index |
| Launch date | 29-12-2009 | 01-01-2000 |
| Minimum investment | ₹500 | New Investor/Existing – Rs.100/- for both Monthly IDCW and Growth Option and any amount thereafter under each Plan/ option. |
| Lock in | 3 years | None |
| Fund managers | Shreyash Devalkar Mr. Ashish Naik | Bharath S, Clyton Richard Fernandes, Kumaresh Ramakrishnan, Shalav Saket |
| Exit load | Nil | W.E.F Dec 31, 2021-Nil - If up to 25% of the units are redeemed, withdrawn by way of SWP or transferred by way of STP within 365 days from the date of allotment. Any redemption or withdrawals by way of SWP in excess of the above mentioned limit would be subject to exit load of 1% of the applicable NAV will be charged, if the units are redeemed within 365 days from the date of allotment. For redemption or withdrawal by way of SWP after 365 days from the date of allotment - Nil. Generally, the exit load will be calculated on First in First out (FIFO) basis. |
Axis ELSS- Tax Saver vs Sundaram Aggressive Hybrid: 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 ELSS- Tax Saver Fund (Direct) | +1.20% | −3.48% | +1.46% | −4.51% | +10.74% | +5.27% | +11.72% |
| Sundaram Aggressive Hybrid Fund (Direct) | −0.75% | −4.13% | −2.22% | −6.69% | +8.63% | -- | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | +13.05% |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | -- | -- |
Category average: the average of the 50 ELSS funds and the 29 Aggressive Hybrid funds, same plan type.
Axis ELSS- Tax Saver vs Sundaram Aggressive Hybrid: Year-wise Returns
| Year | Axis ELSS- Tax SaverAxis ELSS- Tax Saver | Sundaram Aggressive HybridSundaram Aggressive Hybrid |
|---|---|---|
| 2026to date | −3.10% | −6.76% |
| 2025 | +5.15% | +5.61% |
| 2024 | +18.30% | +18.46% |
| 2023 | +22.89% | +18.21% |
| 2022 | −11.23% | -- |
| 2021 | +25.60% | -- |
Axis ELSS- Tax Saver vs Sundaram Aggressive Hybrid: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Axis ELSS- Tax Saver Fund
Rolling returns
Every 3-year holding period, 455 of them, one for each trading day from 03-01-2025 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 ELSS- Tax Saver Fund (Direct)
Sundaram Aggressive Hybrid Fund (Direct)
Nifty 500 TRI
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 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 ELSS- Tax Saver | 0.0 | 0.0 | 16.3 | 55.6 | 28.1 | 0.0 | 0.0 | 13.2% | 13.2% | 6.0% | 19.8% | 9% |
| Sundaram Aggressive Hybrid | 0.0 | 0.0 | 8.7 | 77.5 | 13.8 | 0.0 | 0.0 | 13.0% | 13.2% | 7.6% | 18.2% | 0% |
| Nifty 500 TRI | 0.0 | 0.0 | 4.2 | 39.8 | 49.7 | 6.4 | 0.0 | 15.2% | 15.4% | 8.8% | 22.3% | -- |
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 Nifty 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 03-01-2022. Past returns do not promise future returns.
Axis ELSS- Tax Saver vs Sundaram Aggressive Hybrid: 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 03-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis ELSS- Tax SaverAxis ELSS- Tax Saver Fund (Direct) | ₹5,80,000 | ₹6,94,086 | ₹1,14,086 | 7.4% |
| Sundaram Aggressive HybridSundaram Aggressive Hybrid Fund (Direct) | ₹5,80,000 | ₹6,75,172 | ₹95,172 | 6.2% |
Axis ELSS- Tax SaverAxis ELSS- Tax Saver Fund (Direct)
Sundaram Aggressive HybridSundaram Aggressive Hybrid 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 ELSS- Tax Saver vs Sundaram Aggressive Hybrid: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis ELSS- Tax Saver Fund (Direct) | Sundaram Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | −4.51% | −6.69% |
| Standard deviation | 14.43% | 10.70% |
| Sharpe ratio | -0.68 | -1.12 |
| Sortino ratio | -0.91 | -1.48 |
| Maximum drawdown | −14.1% (31-03-2026) | −11.6% (30-03-2026) |
| Beta | 0.99 | -- |
| Alpha | +2.66% | -- |
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 ELSS- Tax Saver Fund (Direct) | Sundaram Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.74% | +8.63% |
| Standard deviation | 13.35% | 10.09% |
| Sharpe ratio | 0.35 | 0.26 |
| Sortino ratio | 0.49 | 0.35 |
| Maximum drawdown | −16.5% (28-02-2025) | −13.1% (28-02-2025) |
| Beta | 0.90 | -- |
| Alpha | +0.96% | -- |
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 ELSS- Tax Saver Fund (Direct) | Sundaram Aggressive Hybrid Fund (Direct) |
|---|---|---|
| Return (CAGR) | +15.25% | +7.60% |
| Standard deviation | 15.06% | 10.05% |
| Sharpe ratio | 0.61 | 0.17 |
| Sortino ratio | 0.84 | 0.23 |
| Maximum drawdown | −33.5% (23-03-2020) | −13.1% (28-02-2025) |
| Beta | 0.89 | -- |
| Alpha | +3.18% | -- |
From daily NAVs, 02-01-2013 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 ELSS- Tax Saver Fund (Direct)
Sundaram Aggressive Hybrid Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis ELSS- Tax Saver Fund (Direct) | −25.1% | 17-01-2022 | 17-06-2022 | 30-11-2023 | 17 months | −6.0% |
| Sundaram Aggressive Hybrid Fund (Direct) | −13.1% | 26-09-2024 | 28-02-2025 | 17-10-2025 | 8 months | −7.6% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 03-01-2022, 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 ELSS- Tax Saver Fund (Direct)
Sundaram Aggressive Hybrid Fund (Direct)
Nifty 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 ELSS- Tax Saver Fund (Direct)
Sundaram Aggressive Hybrid Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis ELSS- Tax Saver Fund (Direct) | 93% | 102% | 5.70% |
| Sundaram Aggressive Hybrid Fund (Direct) | 76% | 72% | 4.97% |
From month-end values since 03-01-2022. 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 ELSS- Tax Saver vs Sundaram Aggressive Hybrid: Portfolio Overlap
From each fund's latest monthly portfolio: Axis ELSS- Tax Saver Fund, September 2026; Sundaram Aggressive Hybrid Fund, September 2026
Holdings in common
- Overlap
- 35.1%
- Held by both
- 23
- Only in Axis ELSS- Tax Saver
- 48
- Only in Sundaram Aggressive Hybrid
- 95
| Security | % of Axis ELSS- Tax Saver | % of Sundaram Aggressive Hybrid |
|---|---|---|
| ICICI Bank Limited | 6.89% | 4.93% |
| Bharti Airtel Limited | 4.45% | 3.29% |
| HDFC Bank Limited | 6.09% | 2.90% |
| Larsen & Toubro Limited | 2.70% | 3.36% |
| Eternal Limited | 3.35% | 2.61% |
| Kotak Mahindra Bank Limited | 2.47% | 2.10% |
| Cholamandalam Investment and Finance Company Ltd | 2.25% | 1.82% |
| Reliance Industries Limited | 1.74% | 3.66% |
| Mahindra & Mahindra Limited | 2.42% | 1.54% |
| One 97 Communications Limited | 1.11% | 1.76% |
| Sun Pharmaceutical Industries Limited | 1.61% | 1.10% |
| PB Fintech Limited | 1.22% | 1.09% |
| Cummins India Limited | 1.07% | 1.23% |
| TVS Motor Company Limited | 1.03% | 2.12% |
| UltraTech Cement Limited | 2.36% | 0.95% |
| InterGlobe Aviation Limited | 1.46% | 0.88% |
| Delhivery Limited | 0.83% | 0.91% |
| JSW Infrastructure Ltd | 0.80% | 0.99% |
| Mankind Pharma Limited | 0.76% | 0.89% |
| Coromandel International Limited | 0.59% | 1.15% |
| Billionbrains Garage Ventures Ltd | 0.54% | 1.17% |
| Gland Pharma Limited | 0.48% | 0.72% |
| Dhoot Transmission Ltd | 0.33% | 0.27% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 35.1% means 35.1% 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 ELSS- Tax Saver Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 3.35% |
| Divi's Laboratories Limited | 2.74% |
| Axis Bank Limited | 2.73% |
| Pidilite Industries Limited | 2.42% |
| State Bank of India | 2.32% |
Largest holdings only in Sundaram Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| 6.48% Central Government Securities 06/10/2035 | 2.82% |
| Hindalco Industries Ltd | 1.68% |
| Oracle Financial Services Software Ltd | 1.58% |
| Coforge Ltd | 1.47% |
| Vedanta Aluminium Metal Ltd | 1.44% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis ELSS- Tax Saver | Sundaram Aggressive Hybrid |
|---|---|---|
| Equity | 97.9% | 71.3% |
| Debt | 0.0% | 20.4% |
| Cash and others | 2.1% | 8.3% |
Market cap of stocks
| Market cap | Axis ELSS- Tax Saver | Sundaram Aggressive Hybrid |
|---|---|---|
| Large Cap | 68.0% | 40.0% |
| Mid Cap | 21.1% | 16.4% |
| Small Cap | 7.4% | 13.1% |
| Not on AMFI's list | 1.4% | 1.7% |
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 ELSS- Tax Saver | Sundaram Aggressive Hybrid |
|---|---|---|
| Banks | 22.2% | 9.9% |
| Pharmaceuticals & Biotechnology | 7.7% | 5.2% |
| Finance | 6.3% | 6.0% |
| Automobiles | 5.7% | 5.6% |
| Retailing | 5.1% | 2.6% |
| IT - Software | 4.9% | 0.0% |
| It - Software | 0.0% | 4.4% |
| Petroleum Products | 1.7% | 3.7% |
The six largest sectors of each fund's stocks, % of the fund.
Axis ELSS- Tax Saver vs Sundaram Aggressive Hybrid: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis ELSS- Tax Saver Fund | Sundaram Aggressive Hybrid Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.05% | 1.15% |
| Base expense ratio (Direct) | 0.74% | 0.64% |
| Total expense ratio (Regular) | 1.76% | 2.15% |
| Base expense ratio (Regular) | 1.35% | 1.52% |
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 ELSS- Tax Saver with
Compare Sundaram Aggressive Hybrid with
Axis ELSS- Tax Saver Fund vs Sundaram Aggressive Hybrid Fund: Frequently Asked Questions
What is the difference between Axis ELSS- Tax Saver Fund and Sundaram Aggressive Hybrid Fund?
Axis ELSS- Tax Saver Fund is an ELSS fund, Sundaram Aggressive Hybrid Fund is an Aggressive Hybrid fund, run by Axis Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 35.1%. Axis ELSS- Tax Saver Fund charges 1.05% a year and Sundaram Aggressive Hybrid Fund 1.15%.
Which has given higher returns, Axis ELSS- Tax Saver Fund or Sundaram Aggressive Hybrid Fund?
Over 1 year: Axis ELSS- Tax Saver Fund −4.51%, Sundaram Aggressive Hybrid Fund −6.69%. Over 3 years: Axis ELSS- Tax Saver Fund +10.74% a year, Sundaram Aggressive Hybrid Fund +8.63% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis ELSS- Tax Saver Fund or Sundaram Aggressive Hybrid Fund?
Axis ELSS- Tax Saver Fund charges less: 1.05% a year against 1.15%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis ELSS- Tax Saver Fund and Sundaram Aggressive Hybrid Fund overlap?
35.1%. They hold 23 of the same securities, the largest shared ones being ICICIBANK, BHARTIARTL, HDFCBANK. From each fund's latest monthly portfolio.
Which is riskier, Axis ELSS- Tax Saver Fund or Sundaram Aggressive Hybrid Fund?
On SEBI's riskometer, Axis ELSS- Tax Saver Fund is rated Very High and Sundaram Aggressive Hybrid Fund High. Over 3 years, the standard deviation of daily returns was 13.35% and 10.09% a year.
Which is better for SIP, Axis ELSS- Tax Saver Fund or Sundaram Aggressive Hybrid Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,89,854 in Axis ELSS- Tax Saver Fund (XIRR 3.3% a year) and ₹3,78,335 in Sundaram Aggressive Hybrid Fund (XIRR 1.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Axis ELSS- Tax Saver Fund and Sundaram Aggressive Hybrid Fund?
Yes. 35.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis ELSS- Tax Saver Fund and Sundaram Aggressive Hybrid Fund?
Axis ELSS- Tax Saver Fund: Shreyash Devalkar Mr. Ashish Naik. Sundaram Aggressive Hybrid Fund: Bharath S, Clyton Richard Fernandes, Kumaresh Ramakrishnan, Shalav Saket.
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.