ELSS (Tax Saver) · head to head · AMFI NAVs
ICICI Prudential ELSS - Tax Saver Fund vs Tata ELSS - Tax Saver Fund: SIP returns compared
Same ₹10,000 monthly SIP, same dates, Direct plans: over the last 5 years ICICI Prudential ELSS - Tax Saver Fund is worth ₹7.32 L (XIRR 8.1%) and Tata ELSS - Tax Saver Fund ₹7.68 L (XIRR 10.1%) — Tata ELSS - Tax Saver Fund ahead by ₹36,184. Across every 5-year SIP since Nov 2014, ICICI Prudential ELSS - Tax Saver Fund finished ahead in 22 of 84 and Tata ELSS - Tax Saver Fund in 62.
Historical simulation on actual NAVs — not a forecast and not investment advice. Disclaimer
ICICI Prudential ELSS - Tax Saver Fund: invested — over — instalments; valued at NAV of —:
| Year | Invested | ICICI Prudential ELSS - Tax Saver Fund value | XIRR to date |
|---|
₹10,000 a month in each: what it became
Each row is a monthly SIP ending today (1 Oct 2026), Direct plans. Post-tax assumes everything is redeemed today with no other capital gains this year.
| SIP period | Invested | ICICI Prudential ELSS - Tax Saver Fund | XIRR | Tata ELSS - Tax Saver Fund | XIRR | Post-tax (both) |
|---|---|---|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1.15 L | -8.3% | ₹1.18 L | -3.6% | ₹1.15 L / ₹1.18 L |
| 3 years | ₹3,60,000 | ₹3.70 L | 1.8% | ₹3.84 L | 4.5% | ₹3.70 L / ₹3.84 L |
| 5 years | ₹6,00,000 | ₹7.32 L | 8.1% | ₹7.68 L | 10.1% | ₹7.31 L / ₹7.63 L |
| 10 years | ₹12,00,000 | ₹22.70 L | 12.4% | ₹24.24 L | 13.7% | ₹21.54 L / ₹22.91 L |
Every 5-year SIP, head to head
We started the same SIP in both funds in every month both have NAVs for — 84 SIPs, the first starting Nov 2014. ICICI Prudential ELSS - Tax Saver Fund finished ahead in 26% of them; the median gap was 0.8 percentage points a year in Tata ELSS - Tax Saver Fund's favour.
Downside on the same dates: ICICI Prudential ELSS - Tax Saver Fund's worst 5-year SIP returned -6.1% a year (started Apr 2015) and 2 of 84 lost money; Tata ELSS - Tax Saver Fund's worst returned -3.0% (started Apr 2015) and 1 lost money.
XIRR of every 5-year monthly SIP by the month it started. Gap = ICICI Prudential ELSS - Tax Saver Fund minus Tata ELSS - Tax Saver Fund, percentage points a year.
| Window | SIPs compared | Ahead (ICICI / Tata) | Median gap | Worst gap | Best gap |
|---|---|---|---|---|---|
| 3-year SIPs | 108 | 31% / 69% | -0.9 pp | -9.0 ppstarted Dec 2014 | +2.7 ppstarted Oct 2015 |
| 5-year SIPs | 84 | 26% / 74% | -0.8 pp | -3.3 ppstarted Mar 2015 | +1.0 ppstarted Oct 2016 |
Against an index fund, and the cost of the Regular plan
- ICICI Prudential ELSS - Tax Saver Fund beat a plain Nifty 500 index fund in 78% of 49 rolling 3-year SIPs (median gap +0.7 pp a year) — ICICI Prudential ELSS - Tax Saver Fund vs Nifty 500 index fund.
- ICICI Prudential ELSS - Tax Saver Fund: the Regular plan of the same 10-year SIP ended ₹91,490 below Direct.
- Tata ELSS - Tax Saver Fund beat a plain Nifty 500 index fund in 90% of 49 rolling 3-year SIPs (median gap +1.4 pp a year) — Tata ELSS - Tax Saver Fund vs Nifty 500 index fund.
- Tata ELSS - Tax Saver Fund: the Regular plan of the same 10-year SIP ended ₹1,70,993 below Direct.
Questions
Which has given better SIP returns, ICICI Prudential ELSS - Tax Saver Fund or Tata ELSS - Tax Saver Fund?
Over the last 5 years a ₹10,000 monthly SIP (Direct plans) is worth ₹7.32 L in ICICI Prudential ELSS - Tax Saver Fund (XIRR 8.1%) and ₹7.68 L in Tata ELSS - Tax Saver Fund (XIRR 10.1%). Past returns don't tell you which will do better next.
Has ICICI Prudential ELSS - Tax Saver Fund beaten Tata ELSS - Tax Saver Fund consistently?
In 26% of 84 rolling 5-year SIPs started on the same dates (from Nov 2014), ICICI Prudential ELSS - Tax Saver Fund ended ahead of Tata ELSS - Tax Saver Fund (Direct plans). The median difference was -0.8 percentage points a year.
Where does this data come from?
Official daily NAVs published by AMFI. SIP instalments fall on the first business day of each month; both funds are compared on identical dates. Updated monthly.
Comparison on official AMFI NAVs, SIP on the first business day of each month, identical dates for both funds. It shows what happened, not which fund to buy — past performance does not indicate future returns. sipcalculatorhub.com is not a SEBI-registered investment adviser. Methodology.
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