Contents
Returns vs category
3 years: 13.76% a year, 6th of 37 ELSS funds
Direct-Growth plan, a year, to 19 October 2026, from AMFI NAVs. Ranks and averages cover the 38 ELSS funds AMFI lists that are old enough for each period.
Year by year
Ahead of the category average in 7 of the last 10 calendar years
- 2016+13.8%avg +5.7%
- 2017+36.2%avg +39.1%
- 2018−3.6%avg −4.7%
- 2019+4.2%avg +9.8%
- 2020+49.7%avg +18.2%
- 2021+63.3%avg +33.9%
- 2022+14.2%avg +3.7%
- 2023+32.0%avg +29.6%
- 2024+10.4%avg +21.3%
- 2025+7.9%avg +4.4%
- 2026to 23 Oct+0.6%avg −7.7%
Calendar-year returns of the Direct-Growth plan. The average covers today’s ELSS funds that had a full year then.
3-year returns
3-year returns since 2013 ranged from −6.6% to 55.8% a year
- Lowest
- −6.6% to March 2020
- Middle
- +21.3%
- Highest
- +55.8% to March 2023
Every 3-year holding period ending on a NAV day from 7 January 2016 to 23 October 2026 (2,662 periods), annualised.
Worst fall
Worst fall: 36.1% (Jan 2020–Mar 2020), back at its high 4 months later
- High
- 24 Jan 2020
- Low
- 23 Mar 2020
- Back at the high
- 23 Jul 2020
- Now
- 9.2% below the 10 Aug 2026 high
Fall from the highest NAV to the lowest that followed, on daily direct plan NAVs since 7 January 2013.
Cost
The regular plan costs 0.94% a year more: about ₹2.27 lakh on ₹10 lakh over 10 years
₹10 lakh invested once and held 10 years, assuming 12% a year before costs (an assumption, not a forecast). Expense ratios as disclosed on 20 October 2026. Try your own numbers in the fee calculator.
Size and facts
₹13,377 crore of assets: the 9th largest of 38 ELSS funds
- Average assets, July–September 2026
- ₹13,377 crore
- Fund house
- quant Mutual Fund
- Category
- ELSS
Genvest AI score
Genvest AI score 92 out of 100, ranked 6 of 62
Ranked 6 of 62 ELSS funds
Two of the things the score looks at, against other ELSS funds:
- Holding up in fallsSmaller, shorter falls than most ELSS funds
- How bad the bad days wereBad days about in line with other ELSS funds
The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
Scored on data to 23 October 2026, among the 62 ELSS funds Genvest scores. How the score works.
Similar funds
Other ELSS funds of a similar size
- HDFC ELSS Tax Saver Fund3 years 11.69% a year · expense ratio 1.20%
- Nippon India ELSS Tax Saver Fund3 years 11.12% a year · expense ratio 1.13%
- Aditya Birla Sun Life ELSS Tax Saver Fund3 years 9.78% a year · expense ratio 1.07%
- ICICI Prudential ELSS Tax Saver Fund3 years 9.57% a year · expense ratio 1.21%
Every ELSS fund compared, from the category guide.
Questions people ask
To 19 October 2026, the direct plan returned 5.29% over 1 year, 13.76% over 3 years, 12.96% over 5 years (a year, annualised beyond one year). These are AMFI NAV returns of the Direct-Growth plan; the regular plan’s are lower by roughly the difference in expense ratios. Past returns do not guarantee future returns.
Over 1 year it ranked 1st of 38, against a category average of -4.58%. Over 3 years it ranked 6th of 37, against a category average of 10.32%. Over 5 years it ranked 2nd of 33, against a category average of 9.25%. Ranks compare the direct plans of the ELSS funds AMFI lists today, by return; they are not ratings.
As disclosed on 20 October 2026, the total expense ratio is 1.22% a year for the direct plan and 2.16% for the regular plan. The 0.94% gap is mostly the distributor’s commission. On ₹10 lakh held for 10 years at an assumed 12% a year before costs, the direct plan would end about ₹2.27 lakh ahead.
Its direct plan NAV fell 36.1% from its high on 24 January 2020 to 23 March 2020, and was back at that high on 23 July 2020. On 23 October 2026 it was 9.2% below its highest NAV, set on 10 August 2026.
Its average assets in July–September 2026 were ₹13,377 crore, across all plans, per AMFI: the 9th largest of 38 ELSS funds.
92 out of 100 as of 23 October 2026, ranking it 6 of the 62 ELSS funds Genvest scores. The Genvest AI score is Genvest’s proprietary score that ranks mutual funds within their category using quantitative methods. It is not a recommendation to buy, sell or hold any fund.
That depends on your goals, how long you can stay invested and what else you hold, which this page cannot know. What the data shows: its returns against other ELSS funds, how far it has fallen, and what it costs. Its rank changes from year to year, so look at several periods rather than one, and at how a fall like its worst would feel for your money. This is education, not a recommendation to buy, sell or hold.
Related
This page is educational research based on AMFI data and Genvest’s own analysis. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not guarantee future returns. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.