Top Performing ELSS Funds in 2026 (Based on Multi-Factor Analysis)

(Parameters considered: 1Y, 3Y, 5Y, 10Y consistency + AUM strength + risk ratios)

⭐ Top 10 ELSS Funds

1) Quant ELSS Tax Saver Fund

• Best-in-class 10Y (22.6%) & 5Y (21.1%) performance
• High alpha generation with aggressive strategy
• Moderate AUM (~Rs. 11,736 Cr) keeps agility intact
• Slightly volatile due to high churn
  👉 Verdict: High-return leader, suitable for aggressive investors

2) Mirae Asset ELSS Tax Saver Fund

• Strong 10Y (20.4%) consistency with stable returns
• Large AUM (~Rs. 26,112 Cr) → strong investor trust
• Balanced portfolio across caps
• Low expense ratio advantage
  👉 Verdict: Ideal blend of growth + stability

3) DSP ELSS Tax Saver Fund

• Consistent across periods: 5Y (18.3%), 10Y (18.9%)
• High Sharpe-like stability profile
• Strong AUM (~Rs. 17,223 Cr)
• Reliable fund management track record
  👉 Verdict: Best risk-adjusted ELSS

4) SBI ELSS Tax Saver Fund

• Strong 3Y (25%) and 5Y (20.5%) returns
• Very large AUM (~Rs. 31,862 Cr)
• Good for long-term SIP investors
• Slightly cyclical performance pattern
  👉 Verdict: Wealth compounder with scale advantage

5) Motilal Oswal ELSS Tax Saver Fund

• Excellent 3Y (23.4%) and 5Y (18.6%) returns
• Focused portfolio → high conviction bets
• Moderate AUM (~Rs. 4,188 Cr)
• Performs strongly in trending markets
  👉 Verdict: High-growth tactical play

6) Bank of India ELSS Tax Saver Fund

• Balanced performer: 10Y (18.9%), 5Y (17%)
• Consistent across market cycles
• Smaller AUM (~Rs. 1,374 Cr) gives flexibility
  👉 Verdict: Underrated consistent performer

7) HDFC ELSS Tax Saver Fund

• Strong 5Y (20.3%) and 3Y (22.3%) returns
• Large AUM (~Rs. 16,749 Cr)
• Blend of growth + value investing
  👉 Verdict: Stable long-term wealth creator

8) Tata ELSS Fund

• Solid 1Y (20.9%) and 10Y (17.3%) performance
• Improving consistency in recent years
• Mid-sized AUM (~Rs. 4,566 Cr)
  👉 Verdict: Emerging strong contender

9) Baroda BNP Paribas ELSS Tax Saver Fund

• Strong 1Y (20%) and 3Y (21.1%) returns
• Improving track record
• Smaller AUM (~Rs. 911 Cr) → higher flexibility
  👉 Verdict: Rising performer to watch

10) Nippon India ELSS Tax Saver Fund

• Stable multi-period returns (1Y, 3Y, 5Y)
• Large AUM (~Rs. 14,881 Cr)
• Well-diversified portfolio
  👉 Verdict: Balanced and dependable choice

ELSS Universe – Sahifund Note

• ELSS remains the most efficient tax-saving + equity product
• Only 3-year lock-in, yet capable of long-term wealth creation
• Current market volatility is creating better entry opportunities
• Best approach:
  • SIP investing
  • Hold beyond lock-in (7–10 years ideal)

👉 Not all ELSS funds are equal — consistency + portfolio quality matters more than returns alone

Sahifund View (Final Line)

Tax saving is temporary.
Wealth creation is permanent.
👉 Choose ELSS funds with discipline, not just returns.

🔽 Read More

👉 Fund Score -Insight of entire Mutual fund Universe+ Yearly Performance + Pro Insights

Disclaimer: Mutual fund investments are subject to market risks. Past performance is not indicative of future returns.