Taurus Elss Tax Saver Fund vs Taurus Flexi Cap Fund
Direct Plan, Growth option · Data as on 30-10-2026
Taurus Elss Tax Saver Fund is an ELSS fund and Taurus Flexi Cap Fund is a Flexi Cap fund. In the 3 years to 30-10-2026, Taurus Elss Tax Saver Fund (Direct) returned 10.4% a year and Taurus Flexi Cap Fund (Direct) returned 11.3% a year. Taurus Elss Tax Saver Fund charges 2.06% a year and Taurus Flexi Cap Fund 2.69% (Direct plans). Their portfolios overlap 60.1%: they hold 23 of the same securities.
Taurus Elss Tax Saver Fund
ELSS
- 3 year return
- 10.4%
- Expense ratio
- 2.06%
- NAV
- ₹193.28
Taurus Flexi Cap Fund
Flexi Cap
- 3 year return
- 11.3%
- Expense ratio
- 2.69%
- NAV
- ₹242.62
Which is better, Taurus Elss Tax Saver or Taurus Flexi Cap? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Taurus Elss Tax Saver returned more over 5 years: 9.8% a year against 9.2%.
- Taurus Flexi Cap returned more over 3 years: 11.3% a year against 10.4%.
- Taurus Elss Tax Saver costs less: 2.06% a year against 2.69% (Direct plans).
- Taurus Elss Tax Saver swung less over 3 years: a standard deviation of 13.5% a year against 14.7%.
- Taurus Elss Tax Saver fell less in its worst fall since 02-01-2013: −35.0% against −41.0%.
- Taurus Elss Tax Saver holds more in large companies: 65.3% of the fund in large caps against 49.8%.
- Taurus Flexi Cap is the larger fund: ₹385 Cr against ₹71 Cr.
- Their portfolios overlap 60.1%: 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 | Taurus Elss Tax Saver Fund | Taurus Flexi Cap Fund |
|---|---|---|
| Fund house | Taurus Mutual Fund | Taurus Mutual Fund |
| Category | ELSS | Flexi Cap |
| AUM | ₹71 Cr (30-09-2026) | ₹385 Cr (30-09-2026) |
| NAV | ₹193.28 (Direct) | ₹242.62 (Direct) |
| Expense ratio (Direct) | 2.06% | 2.69% |
| Expense ratio (Regular) | 2.62% | 2.75% |
| Riskometer | Very High | Very High |
| Benchmark | BSE 500 TRI | BSE 500 TRI |
| Launch date | 31-03-1996 | 29-01-1994 |
| Minimum investment | ₹500 | ₹500 |
| Lock in | 3 years | None |
| Fund managers | Anuj Kapil | Anuj Kapil |
| Exit load | Nil | 1% if exited on or before 365 days, from the date of allotment; Nil if exited after 365 days, from the date of allotment |
Taurus Elss Tax Saver vs Taurus Flexi Cap: 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 |
|---|---|---|---|---|---|---|---|
| Taurus Elss Tax Saver Fund (Direct) | −2.59% | −3.58% | +0.70% | −6.81% | +10.39% | +9.78% | +12.24% |
| Taurus Flexi Cap Fund (Direct) | −2.90% | −0.75% | +6.74% | +1.68% | +11.31% | +9.23% | +9.31% |
| ELSS average | −2.34% | −5.61% | −1.63% | −5.75% | +10.92% | +10.29% | +13.05% |
| Flexi Cap average | −1.62% | −4.17% | +1.00% | −3.58% | +12.37% | +10.04% | +13.13% |
Category average: the average of the 50 ELSS funds and the 46 Flexi Cap funds, same plan type.
Taurus Elss Tax Saver vs Taurus Flexi Cap: Year-wise Returns
| Year | Elss Tax SaverTaurus Elss Tax Saver | Flexi CapTaurus Flexi Cap | BSE 500 TRI |
|---|---|---|---|
| 2026to date | −3.75% | +3.56% | −7.81% |
| 2025 | −0.01% | −1.20% | +7.63% |
| 2024 | +22.21% | +17.41% | +15.81% |
| 2023 | +29.56% | +26.95% | +26.55% |
| 2022 | +7.31% | +4.83% | +4.77% |
| 2021 | +20.95% | +22.13% | +31.63% |
Taurus Elss Tax Saver vs Taurus Flexi Cap: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of both
Rolling returns
Every 3-year holding period, 2,673 of them, one for each trading day from 04-01-2016 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.
Taurus Elss Tax Saver Fund (Direct)
Taurus Flexi Cap Fund (Direct)
BSE 500 TRI
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Taurus Elss Tax Saver | 0.5 | 4.5 | 10.2 | 38.7 | 34.3 | 11.2 | 0.5 | 14.5% | 14.6% | −3.4% | 30.1% | 57% |
| Taurus Flexi Cap | 6.8 | 7.6 | 22.5 | 36.9 | 22.2 | 3.9 | 0.0 | 11.0% | 11.7% | −10.5% | 25.8% | 7% |
| BSE 500 TRI | 1.8 | 4.2 | 8.0 | 36.8 | 34.1 | 11.6 | 3.3 | 14.8% | 14.9% | −6.2% | 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 02-01-2013. Past returns do not promise future returns.
Taurus Elss Tax Saver vs Taurus Flexi Cap: 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 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Taurus Elss Tax SaverTaurus Elss Tax Saver Fund (Direct) | ₹16,60,000 | ₹41,45,514 | ₹24,85,514 | 12.3% |
| Taurus Flexi CapTaurus Flexi Cap Fund (Direct) | ₹16,60,000 | ₹35,10,911 | ₹18,50,911 | 10.2% |
Taurus Elss Tax SaverTaurus Elss Tax Saver Fund (Direct)
Taurus Flexi CapTaurus Flexi Cap 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.
Taurus Elss Tax Saver vs Taurus Flexi Cap: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Taurus Elss Tax Saver Fund (Direct) | Taurus Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | −6.81% | +1.68% |
| Standard deviation | 13.23% | 14.91% |
| Sharpe ratio | -0.91 | -0.24 |
| Sortino ratio | -1.21 | -0.33 |
| Maximum drawdown | −16.4% (31-03-2026) | −16.2% (31-03-2026) |
| Beta | 0.88 | 0.98 |
| Alpha | −0.72% | +9.05% |
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 | Taurus Elss Tax Saver Fund (Direct) | Taurus Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.39% | +11.31% |
| Standard deviation | 13.52% | 14.69% |
| Sharpe ratio | 0.32 | 0.36 |
| Sortino ratio | 0.44 | 0.49 |
| Maximum drawdown | −16.7% (31-03-2026) | −20.9% (31-03-2026) |
| Beta | 0.90 | 0.99 |
| Alpha | +0.90% | +1.44% |
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 | Taurus Elss Tax Saver Fund (Direct) | Taurus Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.78% | +9.23% |
| Standard deviation | 13.50% | 15.10% |
| Sharpe ratio | 0.29 | 0.23 |
| Sortino ratio | 0.40 | 0.30 |
| Maximum drawdown | −16.7% (31-03-2026) | −20.9% (31-03-2026) |
| Beta | 0.89 | 1.00 |
| Alpha | +1.45% | +0.56% |
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 | Taurus Elss Tax Saver Fund (Direct) | Taurus Flexi Cap Fund (Direct) |
|---|---|---|
| Return (CAGR) | +12.27% | +10.05% |
| Standard deviation | 15.47% | 16.19% |
| Sharpe ratio | 0.40 | 0.25 |
| Sortino ratio | 0.54 | 0.33 |
| Maximum drawdown | −35.0% (23-03-2020) | −41.0% (23-03-2020) |
| Beta | 0.95 | 0.99 |
| Alpha | −0.20% | −2.73% |
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.
Taurus Elss Tax Saver Fund (Direct)
Taurus Flexi Cap Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Taurus Elss Tax Saver Fund (Direct) | −35.0% | 19-02-2020 | 23-03-2020 | 06-11-2020 | 7 months | −7.4% |
| Taurus Flexi Cap Fund (Direct) | −41.0% | 23-01-2018 | 23-03-2020 | 04-01-2021 | 9 months | −5.3% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 02-01-2013, 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.
Taurus Elss Tax Saver Fund (Direct)
Taurus Flexi Cap 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.
Taurus Elss Tax Saver Fund (Direct)
Taurus Flexi Cap 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.
Taurus Elss Tax Saver Fund (Direct)
Taurus Flexi Cap Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Taurus Elss Tax Saver Fund (Direct) | 92% | 89% | 4.70% |
| Taurus Flexi Cap Fund (Direct) | 95% | 106% | 4.71% |
From month-end values since 02-01-2013. 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.
Taurus Elss Tax Saver vs Taurus Flexi Cap: Portfolio Overlap
From each fund's latest monthly portfolio: Taurus Elss Tax Saver Fund, September 2026; Taurus Flexi Cap Fund, September 2026
Holdings in common
- Overlap
- 60.1%
- Held by both
- 23
- Only in Taurus Elss Tax Saver
- 9
- Only in Taurus Flexi Cap
- 19
| Security | % of Taurus Elss Tax Saver | % of Taurus Flexi Cap |
|---|---|---|
| HDFC Bank Ltd. | 6.93% | 7.23% |
| Sigma Advanced Systems Ltd. | 6.23% | 9.18% |
| Divi's Laboratories Ltd. | 8.15% | 5.90% |
| ITC Ltd. | 6.13% | 5.45% |
| ICICI Bank Ltd. | 6.80% | 3.99% |
| Park Medi World Ltd. | 3.30% | 3.82% |
| Reliance Industries Ltd. | 3.78% | 3.02% |
| Axis Bank Ltd. | 3.01% | 3.11% |
| Ceigall India Ltd. | 3.28% | 2.89% |
| Mahindra & Mahindra Ltd. | 3.05% | 2.88% |
| Bajaj Holdings & Investment Ltd. | 6.93% | 2.43% |
| Bharti Airtel Ltd. | 2.20% | 3.09% |
| Coal India Ltd. | 4.19% | 1.81% |
| Power Grid Corporation of India Ltd. | 5.32% | 1.77% |
| HCL Technologies Ltd. | 2.04% | 1.56% |
| Narayana Hrudayalaya Ltd. | 3.08% | 1.47% |
| Pranav Constructions Ltd. | 1.99% | 1.26% |
| Insolation Energy Ltd. | 1.42% | 1.05% |
| Adani Power Ltd. | 0.95% | 1.08% |
| A-One Steels India Ltd. | 1.41% | 0.91% |
| Xtranet Technologies Ltd. | 1.59% | 0.88% |
| Chemtech Industrial Valves Ltd. | 0.23% | 0.14% |
| Skyways Air Services Ltd. | 0.08% | 3.28% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 60.1% means 60.1% 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 Taurus Elss Tax Saver Fund
| Security | % of fund |
|---|---|
| Indian Energy Exchange Ltd. | 3.90% |
| Infosys Ltd. | 2.24% |
| Greaves Cotton Ltd. | 2.07% |
| Mazagon Dock Shipbuilders Ltd. | 2.00% |
| Varun Beverages Ltd. | 0.97% |
Largest holdings only in Taurus Flexi Cap Fund
| Security | % of fund |
|---|---|
| Samhi Hotels Ltd. | 3.22% |
| Advit Jewels Ltd. | 2.73% |
| Kotak Mahindra Bank Ltd. | 2.69% |
| State Bank of India | 2.55% |
| Ambika Cotton Mills Ltd. | 2.44% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Taurus Elss Tax Saver | Taurus Flexi Cap |
|---|---|---|
| Equity | 96.3% | 97.8% |
| Debt | 0.0% | 0.0% |
| Cash and others | 3.7% | 2.2% |
Market cap of stocks
| Market cap | Taurus Elss Tax Saver | Taurus Flexi Cap |
|---|---|---|
| Large Cap | 65.3% | 49.8% |
| Mid Cap | 5.1% | 9.8% |
| Small Cap | 20.8% | 28.4% |
| Not on AMFI's list | 5.1% | 9.7% |
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 | Taurus Elss Tax Saver | Taurus Flexi Cap |
|---|---|---|
| Other | 96.3% | 97.8% |
The six largest sectors of each fund's stocks, % of the fund.
Taurus Elss Tax Saver vs Taurus Flexi Cap: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Taurus Elss Tax Saver Fund | Taurus Flexi Cap Fund |
|---|---|---|
| Total expense ratio (Direct) | 2.06% | 2.69% |
| Base expense ratio (Direct) | 1.57% | 2.04% |
| Total expense ratio (Regular) | 2.62% | 2.75% |
| Base expense ratio (Regular) | 2.06% | 2.09% |
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 Taurus Elss Tax Saver with
Taurus Elss Tax Saver Fund vs Taurus Flexi Cap Fund: Frequently Asked Questions
What is the difference between Taurus Elss Tax Saver Fund and Taurus Flexi Cap Fund?
Taurus Elss Tax Saver Fund is an ELSS fund, Taurus Flexi Cap Fund is a Flexi Cap fund, run by Taurus Mutual Fund. Their portfolios overlap 60.1%. Taurus Elss Tax Saver Fund charges 2.06% a year and Taurus Flexi Cap Fund 2.69%.
Which has given higher returns, Taurus Elss Tax Saver Fund or Taurus Flexi Cap Fund?
Over 1 year: Taurus Elss Tax Saver Fund −6.81%, Taurus Flexi Cap Fund +1.68%. Over 3 years: Taurus Elss Tax Saver Fund +10.39% a year, Taurus Flexi Cap Fund +11.31% a year. Over 5 years: Taurus Elss Tax Saver Fund +9.78% a year, Taurus Flexi Cap Fund +9.23% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Taurus Elss Tax Saver Fund or Taurus Flexi Cap Fund?
Taurus Elss Tax Saver Fund charges less: 2.06% a year against 2.69%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Taurus Elss Tax Saver Fund and Taurus Flexi Cap Fund overlap?
60.1%. They hold 23 of the same securities, the largest shared ones being HDFCBANK, SIGMAADV-BE, DIVISLAB. From each fund's latest monthly portfolio.
Which is riskier, Taurus Elss Tax Saver Fund or Taurus Flexi Cap Fund?
On SEBI's riskometer, Taurus Elss Tax Saver Fund is rated Very High and Taurus Flexi Cap Fund Very High. Over 3 years, the standard deviation of daily returns was 13.52% and 14.69% a year.
Which is better for SIP, Taurus Elss Tax Saver Fund or Taurus Flexi Cap Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,53,358 in Taurus Elss Tax Saver Fund (XIRR 8.3% a year) and ₹7,72,071 in Taurus Flexi Cap Fund (XIRR 9.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Taurus Elss Tax Saver Fund and Taurus Flexi Cap Fund?
Yes. 60.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Taurus Elss Tax Saver Fund and Taurus Flexi Cap Fund?
Taurus Elss Tax Saver Fund: Anuj Kapil. Taurus Flexi Cap Fund: Anuj Kapil.
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.