NJ ELSS Tax Saver Fund vs SBI Long Term Advantage Fund - Series V
Direct Plan, Growth option · Data as on 30-10-2026
NJ ELSS Tax Saver Fund and SBI Long Term Advantage Fund - Series V are both ELSS funds. In the 3 years to 30-10-2026, NJ ELSS Tax Saver Fund (Direct) returned 8.2% a year and SBI Long Term Advantage Fund - Series V (Direct) returned 18.9% a year. NJ ELSS Tax Saver Fund charges 0.77% a year and SBI Long Term Advantage Fund - Series V 1.27% (Direct plans). Their portfolios overlap 6.1%: they hold 2 of the same securities.
SBI Long Term Advantage Fund - Series V
ELSS
- 3 year return
- 18.9%
- Expense ratio
- 1.27%
- NAV
- ₹31.37
Which is better, NJ ELSS Tax Saver or SBI Long Term Advantage Fund - Series V? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Long Term Advantage Fund - Series V returned more over 3 years: 18.9% a year against 8.2%.
- SBI Long Term Advantage Fund - Series V returned more over 1 year: −5.1% against −7.1%.
- NJ ELSS Tax Saver costs less: 0.77% a year against 1.27% (Direct plans).
- NJ ELSS Tax Saver swung less over 3 years: a standard deviation of 14.1% a year against 15.2%.
- SBI Long Term Advantage Fund - Series V fell less in its worst fall since 19-06-2023: −16.2% against −22.8%.
- Their portfolios overlap 6.1%: 2 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 | NJ ELSS Tax Saver Fund | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Fund house | NJ Mutual Fund | SBI Mutual Fund |
| Category | ELSS | ELSS |
| AUM | Not available | ₹366 Cr (30-09-2026) |
| NAV | ₹13.83 (Direct) | ₹31.37 (Direct) |
| Expense ratio (Direct) | 0.77% | 1.27% |
| Expense ratio (Regular) | 2.54% | 1.37% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 500 TRI | BSE 500 TRI |
| Launch date | 16-06-2023 | 27-03-2018 |
| Minimum investment | ₹500 | Not available |
| Lock in | 3 years | 3 years |
| Fund managers | Dhaval Patel, Viral Shah, Jaimin Ilavia | Mohan Lal |
| Exit load | Nil | Not available |
NJ ELSS Tax Saver vs SBI Long Term Advantage Fund - Series V: 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 |
|---|---|---|---|---|---|---|---|
| NJ ELSS Tax Saver Fund (Direct) | −3.29% | −7.80% | −2.95% | −7.06% | +8.23% | -- | -- |
| SBI Long Term Advantage Fund - Series V (Direct) | −4.33% | −6.21% | +0.99% | −5.06% | +18.92% | +13.21% | -- |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | -- |
Category average: the average of the 50 ELSS funds, same plan type.
NJ ELSS Tax Saver vs SBI Long Term Advantage Fund - Series V: Year-wise Returns
| Year | NJ ELSS Tax SaverNJ ELSS Tax Saver | SBI Long Term Advantage Fund - Series VSBI Long Term Advantage Fund - Series V |
|---|---|---|
| 2026to date | −5.92% | −3.68% |
| 2025 | −2.78% | +11.05% |
| 2024 | +15.86% | +43.70% |
| 2023 | -- | +17.08% |
| 2022 | -- | +2.44% |
| 2021 | -- | +34.93% |
NJ ELSS Tax Saver vs SBI Long Term Advantage Fund - Series V: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of NJ ELSS Tax Saver Fund
Rolling returns
Every 3-year holding period, 91 of them, one for each trading day from 19-06-2026 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.
NJ ELSS Tax Saver Fund (Direct)
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
to
Jun 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Sept 2023
to
Sept 2026Sept 2023
to
Sept 2026Oct 2023
to
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NJ ELSS Tax Saver | 0.0 | 0.0 | 39.6 | 60.4 | 0.0 | 0.0 | 0.0 | 11.0% | 11.9% | 7.6% | 13.9% | 16% |
| SBI Long Term Advantage Fund - Series V | 0.0 | 0.0 | 0.0 | 0.0 | 33.3 | 66.7 | 0.0 | 20.6% | 20.5% | 17.8% | 22.2% | 100% |
| Nifty 500 TRI | 0.0 | 0.0 | 22.0 | 78.0 | 0.0 | 0.0 | 0.0 | 11.7% | 12.1% | 8.8% | 14.1% | -- |
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 19-06-2023. Past returns do not promise future returns.
NJ ELSS Tax Saver vs SBI Long Term Advantage Fund - Series V: 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 19-06-2023 to 30-10-2026: 41 instalments, ₹4,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| NJ ELSS Tax SaverNJ ELSS Tax Saver Fund (Direct) | ₹4,10,000 | ₹4,14,559 | ₹4,559 | 0.6% |
| SBI Long Term Advantage Fund - Series VSBI Long Term Advantage Fund - Series V (Direct) | ₹4,10,000 | ₹4,90,817 | ₹80,817 | 10.6% |
NJ ELSS Tax SaverNJ ELSS Tax Saver Fund (Direct)
SBI Long Term Advantage Fund - Series VSBI Long Term Advantage Fund - Series V (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.
NJ ELSS Tax Saver vs SBI Long Term Advantage Fund - Series V: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | NJ ELSS Tax Saver Fund (Direct) | SBI Long Term Advantage Fund - Series V (Direct) |
|---|---|---|
| Return (CAGR) | −7.06% | −5.06% |
| Standard deviation | 12.80% | 16.18% |
| Sharpe ratio | -0.96 | -0.64 |
| Sortino ratio | -1.25 | -0.87 |
| Maximum drawdown | −12.4% (23-03-2026) | −15.6% (31-03-2026) |
| Beta | 0.81 | 1.04 |
| Alpha | −2.16% | +3.06% |
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 | NJ ELSS Tax Saver Fund (Direct) | SBI Long Term Advantage Fund - Series V (Direct) |
|---|---|---|
| Return (CAGR) | +8.23% | +18.92% |
| Standard deviation | 14.09% | 15.17% |
| Sharpe ratio | 0.16 | 0.85 |
| Sortino ratio | 0.21 | 1.18 |
| Maximum drawdown | −22.8% (04-03-2025) | −16.2% (31-03-2026) |
| Beta | 0.87 | 0.94 |
| Alpha | −1.45% | +9.24% |
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 | NJ ELSS Tax Saver Fund (Direct) | SBI Long Term Advantage Fund - Series V (Direct) |
|---|---|---|
| Return (CAGR) | +10.05% | +14.19% |
| Standard deviation | 13.65% | 16.08% |
| Sharpe ratio | 0.29 | 0.55 |
| Sortino ratio | 0.39 | 0.75 |
| Maximum drawdown | −22.8% (04-03-2025) | −35.8% (23-03-2020) |
| Beta | 0.87 | 0.90 |
| Alpha | +0.10% | +2.91% |
From daily NAVs, 19-06-2023 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.
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.
NJ ELSS Tax Saver Fund (Direct)
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| NJ ELSS Tax Saver Fund (Direct) | −22.8% | 26-09-2024 | 04-03-2025 | Not yet | -- | −16.8% |
| SBI Long Term Advantage Fund - Series V (Direct) | −16.2% | 23-07-2025 | 31-03-2026 | 16-07-2026 | 4 months | −9.0% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 19-06-2023, 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.
NJ ELSS Tax Saver Fund (Direct)
SBI Long Term Advantage Fund - Series V (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.
NJ ELSS Tax Saver Fund (Direct)
SBI Long Term Advantage Fund - Series V (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| NJ ELSS Tax Saver Fund (Direct) | 94% | 91% | 6.29% |
| SBI Long Term Advantage Fund - Series V (Direct) | 120% | 93% | 6.74% |
From month-end values since 19-06-2023. 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.
NJ ELSS Tax Saver vs SBI Long Term Advantage Fund - Series V: Portfolio Overlap
From each fund's latest monthly portfolio: NJ ELSS Tax Saver Fund, September 2026; SBI Long Term Advantage Fund - Series V, September 2026
Holdings in common
- Overlap
- 6.1%
- Held by both
- 2
- Only in NJ ELSS Tax Saver
- 23
- Only in SBI Long Term Advantage Fund - Series V
- 29
| Security | % of NJ ELSS Tax Saver | % of SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Muthoot Finance Limited | 3.12% | 3.47% |
| Divi's Laboratories Limited | 3.01% | 5.08% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 6.1% means 6.1% 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 NJ ELSS Tax Saver Fund
| Security | % of fund |
|---|---|
| Bosch Limited | 6.55% |
| Pidilite Industries Limited | 5.33% |
| JSW Dulux Limited | 5.22% |
| Hero MotoCorp Limited | 5.14% |
| Marico Limited | 5.08% |
Largest holdings only in SBI Long Term Advantage Fund - Series V
| Security | % of fund |
|---|---|
| Arvind Ltd. | 7.02% |
| Deepak Fertilizers and Petrochemicals Corporation Ltd. | 6.28% |
| Foseco India Ltd. | 4.80% |
| Grindwell Norton Ltd. | 4.14% |
| Eicher Motors Ltd. | 3.91% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | NJ ELSS Tax Saver | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Equity | 99.6% | 98.2% |
| Debt | 0.0% | 0.0% |
| Cash and others | 0.4% | 1.8% |
Market cap of stocks
| Market cap | NJ ELSS Tax Saver | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Large Cap | 25.8% | 30.1% |
| Mid Cap | 37.7% | 12.2% |
| Small Cap | 36.1% | 50.8% |
| Not on AMFI's list | 0.0% | 5.1% |
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 | NJ ELSS Tax Saver | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Textiles & Apparels | 5.0% | 15.9% |
| Chemicals & Petrochemicals | 5.3% | 14.7% |
| Pharmaceuticals & Biotechnology | 14.7% | 9.5% |
| Finance | 12.5% | 8.5% |
| Banks | 4.8% | 8.9% |
| Healthcare Services | 7.6% | 1.9% |
| Industrial Products | 0.0% | 6.7% |
| Auto Components | 6.5% | 3.4% |
| Capital Markets | 5.3% | 0.0% |
The six largest sectors of each fund's stocks, % of the fund.
NJ ELSS Tax Saver vs SBI Long Term Advantage Fund - Series V: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | NJ ELSS Tax Saver Fund | SBI Long Term Advantage Fund - Series V |
|---|---|---|
| Total expense ratio (Direct) | 0.77% | 1.27% |
| Base expense ratio (Direct) | 0.59% | 0.91% |
| Total expense ratio (Regular) | 2.54% | 1.37% |
| Base expense ratio (Regular) | 2.09% | 1.00% |
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 NJ ELSS Tax Saver with
Compare SBI Long Term Advantage Fund - Series V with
NJ ELSS Tax Saver Fund vs SBI Long Term Advantage Fund - Series V: Frequently Asked Questions
What is the difference between NJ ELSS Tax Saver Fund and SBI Long Term Advantage Fund - Series V?
Both are ELSS funds, run by NJ Mutual Fund and SBI Mutual Fund. Their portfolios overlap 6.1%. NJ ELSS Tax Saver Fund charges 0.77% a year and SBI Long Term Advantage Fund - Series V 1.27%.
Which has given higher returns, NJ ELSS Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
Over 1 year: NJ ELSS Tax Saver Fund −7.06%, SBI Long Term Advantage Fund - Series V −5.06%. Over 3 years: NJ ELSS Tax Saver Fund +8.23% a year, SBI Long Term Advantage Fund - Series V +18.92% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, NJ ELSS Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
NJ ELSS Tax Saver Fund charges less: 0.77% a year against 1.27%. These are the Direct plans' total expense ratios reported to AMFI.
How much do NJ ELSS Tax Saver Fund and SBI Long Term Advantage Fund - Series V overlap?
6.1%. They hold 2 of the same securities, the largest shared ones being MUTHOOTFIN, DIVISLAB. From each fund's latest monthly portfolio.
Which is riskier, NJ ELSS Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
On SEBI's riskometer, NJ ELSS Tax Saver Fund is rated Very High and SBI Long Term Advantage Fund - Series V Very High. Over 3 years, the standard deviation of daily returns was 14.09% and 15.17% a year.
Which is better for SIP, NJ ELSS Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,61,442 in NJ ELSS Tax Saver Fund (XIRR -1.5% a year) and ₹4,23,861 in SBI Long Term Advantage Fund - Series V (XIRR 8.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both NJ ELSS Tax Saver Fund and SBI Long Term Advantage Fund - Series V?
Yes. 6.1% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Who manages NJ ELSS Tax Saver Fund and SBI Long Term Advantage Fund - Series V?
NJ ELSS Tax Saver Fund: Dhaval Patel, Viral Shah, Jaimin Ilavia. SBI Long Term Advantage Fund - Series V: Mohan Lal.
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.