JM ELSS - Tax Saver Fund vs SBI Long Term Advantage Fund - Series V
JM ELSS - Tax Saver Fund (Direct) and SBI Long Term Advantage Fund - Series V (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are ELSS schemes — see the best elss (tax saving) mutual funds for the full ranking.
Head to head
NAVs as of 30 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 03 Jul 2018 – 30 Oct 2026, limited by SBI Long Term Advantage Fund - Series V. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
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| Date | JM ELSS - Tax Saver Fund | SBI Long Term Advantage Fund - Series V | Nifty 500 TRI |
|---|---|---|---|
| 03 Jul 2018 | ₹100.00 | ₹100.00 | ₹100.00 |
| 13 Mar 2019 | ₹103.18 | ₹101.83 | ₹104.10 |
| 22 Nov 2019 | ₹112.29 | ₹110.59 | ₹107.52 |
| 01 Aug 2020 | ₹103.90 | ₹102.84 | ₹101.35 |
| 12 Apr 2021 | ₹142.80 | ₹135.65 | ₹136.07 |
| 21 Dec 2021 | ₹176.55 | ₹168.74 | ₹164.84 |
| 01 Sep 2022 | ₹181.25 | ₹175.58 | ₹174.92 |
| 12 May 2023 | ₹189.75 | ₹183.06 | ₹179.65 |
| 20 Jan 2024 | ₹253.17 | ₹209.34 | ₹229.59 |
| 30 Sep 2024 | ₹342.90 | ₹303.53 | ₹286.04 |
| 10 Jun 2025 | ₹316.77 | ₹332.41 | ₹277.58 |
| 19 Feb 2026 | ₹318.87 | ₹327.21 | ₹279.32 |
| 30 Oct 2026 | ₹331.14 | ₹322.08 | ₹265.07 |
Portfolio overlap (same stocks held through more than one fund)
Some overlap is structural: SEBI defines large cap as the top 100 stocks by market capitalisation, so two large-cap funds are fishing the same pond by regulation. The bands below are measured per sleeve pairing rather than against one blanket threshold. How this is measured →
- 45 stocks only in JM ELSS - Tax Saver Fund
- 8 stocks in both — 16.6% of each portfolio by weight
- 23 stocks only in SBI Long Term Advantage Fund - Series V
The more the circles overlap, the more the funds hold the same stocks.
JM ELSS - Tax Saver Fund and SBI Long Term Advantage Fund - Series V share 17% of their equity book by weight.
Shared holdings — JM ELSS - Tax Saver Fund vs SBI Long Term Advantage Fund - Series V
| Stock | JM ELSS - Tax Saver Fund | SBI Long Term Advantage Fund - Series V | |
|---|---|---|---|
| HDFC Bank Limited | 2.94% | 3.75% | 2.94% |
| Kotak Mahindra Bank Limited | 2.14% | 3.48% | 2.14% |
| Sanathan Textiles Ltd. | 2.06% | 3.96% | 2.06% |
| Manappuram Finance Limited | 2.05% | 2.20% | 2.05% |
| Bajaj Finance Limited | 1.96% | 2.94% | 1.96% |
| Fortis Healthcare Limited | 2.00% | 1.94% | 1.94% |
| State Bank of India | 2.03% | 1.87% | 1.87% |
| Navin Fluorine International Limited | 1.67% | 3.68% | 1.67% |
8 shared of 53 / 31 positions. Weights are shown as a share of each fund's equity book.
| Metric | JM Financial · Direct NAV ₹57.26 Very High risk ★★★☆☆ | SBI · Direct NAV ₹31.37 Very High risk ★★★★★ | Category median ELSS · 50 funds |
|---|---|---|---|
| -1.27%Best in row | -5.06% | -5.40% | |
| +15.60% | +18.91%Best in row | +10.39% | |
| +12.32% | +13.21%Best in row | +10.32% | |
| +15.39% | — | +12.77% | |
| +16.16% | +15.08% | +14.04% | |
| +12.71% | +13.73%Best in row | — | |
| +17.94% | +20.32%Best in row | +16.96% | |
| +17.28% | +19.87%Best in row | +16.94% | |
| +17.54% | — | +15.10% | |
| Risk | |||
| 16.23% | 15.23%Best in row | 14.38% | |
| 0.56 | 0.81Best in row | 0.29 | |
| 0.75 | 1.14Best in row | 0.39 | |
| -37.39% | -35.76% | -36.01% | |
| +5.54% | +9.15%Best in row | +0.39% | |
| 1.02 | 0.96 | 0.96 | |
| 118.5% | 122.8%Best in row | 96.8% | |
| 95.3% | 81.2%Best in row | 95.0% | |
| 1.34% | 1.27%Best in row | 1.07% | |
| ₹243.19Cr | ₹375.86Cr | ₹859.27Cr | |
| ₹1.00K | — | — | |
| ₹500 | — | — | |
| 61% | 64% | 35% | |
| Ruchi Fozdar | Mohan Lal · 2.5y | — | |
| 31 Mar 2008 | 27 Mar 2018 | — | |
| 53 | 31 | — | |
| 26.6% | 46.1% | — | |
| 1.1% | 1.8% | — | |
3 rows carry the same value for every fund — show
- Benchmark
- Nifty 500 TRI
- Exit load
- None
- Lock-in
- 3 years
Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — JM ELSS - Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
Over the last 3 years, SBI Long Term Advantage Fund - Series V returned +18.91% CAGR against JM ELSS - Tax Saver Fund's +15.60%, computed from AMFI NAV history. Over 5 years: JM ELSS - Tax Saver Fund +12.32% vs SBI Long Term Advantage Fund - Series V +13.21% CAGR. Past returns don't guarantee future performance.
Which fund is cheaper — JM ELSS - Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
SBI Long Term Advantage Fund - Series V has the lower expense ratio: JM ELSS - Tax Saver Fund charges 1.34% a year against SBI Long Term Advantage Fund - Series V's 1.27%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — JM ELSS - Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
JM ELSS - Tax Saver Fund has shown higher volatility (+16.23% annualized vs SBI Long Term Advantage Fund - Series V's +15.23%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: JM ELSS - Tax Saver Fund -20.85% vs SBI Long Term Advantage Fund - Series V -16.19%.
Which fund manages more money — JM ELSS - Tax Saver Fund or SBI Long Term Advantage Fund - Series V?
SBI Long Term Advantage Fund - Series V is the larger fund: JM ELSS - Tax Saver Fund manages ₹243.19Cr against SBI Long Term Advantage Fund - Series V's ₹375.86Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are JM ELSS - Tax Saver Fund and SBI Long Term Advantage Fund - Series V in the same category?
Yes — both are ELSS schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.