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 15 Sep 2026
Growth of ₹100 (rebased over the selected window)
Common period 03 Jul 2018 – 15 Sep 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.
View as table
| Date | JM ELSS - Tax Saver Fund | SBI Long Term Advantage Fund - Series V | Nifty 500 |
|---|---|---|---|
| 03 Jul 2018 | ₹100.00 | ₹100.00 | ₹100.00 |
| 10 Mar 2019 | ₹100.45 | ₹99.22 | ₹100.67 |
| 14 Nov 2019 | ₹113.63 | ₹109.72 | ₹105.48 |
| 21 Jul 2020 | ₹104.61 | ₹102.01 | ₹99.14 |
| 28 Mar 2021 | ₹145.01 | ₹137.01 | ₹132.78 |
| 02 Dec 2021 | ₹182.48 | ₹173.68 | ₹163.66 |
| 09 Aug 2022 | ₹177.69 | ₹174.58 | ₹163.87 |
| 16 Apr 2023 | ₹182.95 | ₹174.40 | ₹163.45 |
| 21 Dec 2023 | ₹242.27 | ₹205.95 | ₹207.03 |
| 27 Aug 2024 | ₹337.61 | ₹294.62 | ₹257.99 |
| 04 May 2025 | ₹297.31 | ₹305.24 | ₹240.52 |
| 08 Jan 2026 | ₹327.61 | ₹334.47 | ₹258.82 |
| 15 Sep 2026 | ₹344.42 | ₹335.87 | ₹249.04 |
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 →
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 Ltd | 3.09% | 3.83% | 3.09% |
| ICICI Bank Ltd | 2.93% | 5.42% | 2.93% |
| Bajaj Finance Ltd | 2.33% | 3.38% | 2.33% |
| Sanathan Textiles Ltd. | 1.95% | 5.29% | 1.95% |
| Manappuram Finance Ltd | 1.94% | 3.70% | 1.94% |
| Kotak Mahindra Bank Ltd | 1.78% | 3.15% | 1.78% |
| State Bank of India | 1.75% | 4.70% | 1.75% |
| Navin Fluorine International Ltd | 1.53% | 3.26% | 1.53% |
8 shared of 55 / 29 positions. Weights are shown as a share of each fund's equity book.
| Metric | JM Financial · Direct NAV ₹59.56 Very High risk ★★★☆☆ | SBI · Direct NAV ₹32.71 Very High risk ★★★★★ | Category median ELSS · 50 funds |
|---|---|---|---|
| +6.09%Best in row | -0.21% | -1.52% | |
| +15.32% | +18.88%Best in row | +10.93% | |
| +13.82% | +14.89%Best in row | +11.12% | |
| +15.98% | — | +13.16% | |
| +16.65%Best in row | +15.92% | +14.46% | |
| +14.80% | +16.01%Best in row | — | |
| +17.93% | +20.35%Best in row | +17.01% | |
| +17.39% | +20.05%Best in row | +17.13% | |
| +17.59% | — | +15.38% | |
| Risk | |||
| 16.15% | 14.90%Best in row | 14.32% | |
| 0.55 | 0.83Best in row | 0.27 | |
| 0.73 | 1.16Best in row | 0.37 | |
| -37.39% | -35.76%Best in row | -36.01% | |
| +5.73% | +9.10%Best in row | +1.35% | |
| 1.05 | 0.98 | 0.98 | |
| 120.0% | 124.4%Best in row | 102.6% | |
| 95.0% | 81.7%Best in row | 95.5% | |
| 1.35% | 1.28%Best in row | 1.08% | |
| ₹220.95Cr | ₹345.73Cr | ₹836.87Cr | |
| ₹500 | ₹5.00K | — | |
| 26% | 40% | 34% | |
| Ruchi Fozdar | Nidhi Chawla · 1.2y | — | |
| 02 Jan 2013 | 03 Jul 2018 | — | |
| 55 | 29 | — | |
| 27.1% | 47.3% | — | |
| 0.9% | 2.0% | — | |
4 rows carry the same value for every fund — show
- Benchmark
- Nifty 500
- Exit load
- None
- Lock-in
- 3 years
- Min SIP
- ₹500
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 +18.88% CAGR against JM ELSS - Tax Saver Fund's +15.32%, computed from AMFI NAV history. Over 5 years: JM ELSS - Tax Saver Fund +13.82% vs SBI Long Term Advantage Fund - Series V +14.89% 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 1.35% a year against SBI Long Term Advantage Fund - Series V's 1.28%. 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 (+16.15% annualized vs SBI Long Term Advantage Fund - Series V's +14.90%), 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 ₹220.95Cr against SBI Long Term Advantage Fund - Series V's ₹345.73Cr 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.