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Franklin India ELSS Tax Saver Fund - Direct - Growth vs UTI Focused Fund (30 stocks) - Direct Plan - Growth Option
Franklin India ELSS Tax Saver Fund and UTI Focused Fund (30 stocks) are in different categories (ELSS vs Focused Fund), from Franklin Templeton Asset Management (India) Private Limited and UTI Asset Mgmt. Co. Ltd. respectively. Franklin India ELSS Tax Saver Fund has posted a higher 3-year rolling CAGR. UTI Focused Fund (30 stocks) has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
UTI Focused Fund (30 stocks) has the lower direct-plan expense ratio, by 0.15 percentage points.
| Franklin India ELSS Tax Saver Fund - Direct - Growth | UTI Focused Fund (30 stocks) - Direct Plan - Growth Option | |
|---|---|---|
| Category | ELSS | Focused Fund |
| AMC | Franklin Templeton Asset Management (India) Private Limited | UTI Asset Mgmt. Co. Ltd. |
| Benchmark | Nifty 500 TRI | Nifty 500 TRI |
| NAV | ₹1524.1525 (2026-09-30) | ₹15.7889 (2026-09-30) |
| AUM | ₹5,952.64 Cr | ₹2,365.312 Cr |
| Expense Ratio (Direct) | 1.17% | 1.02% |
| Inception | 1994-04-10 | 2021-08-04 |
Returns
Franklin India ELSS Tax Saver Fund leads on 3-year rolling CAGR (17.2% vs UTI Focused Fund (30 stocks)'s 16.2%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
UTI Focused Fund (30 stocks) has been the more volatile of the two by standard deviation.
| Franklin India ELSS Tax Saver Fund - Direct - Growth | UTI Focused Fund (30 stocks) - Direct Plan - Growth Option | |
|---|---|---|
| 3Y Sharpe Ratio | 0.20 | 0.15 |
| 3Y Alpha | -0.0808% | -0.7507% |
| 3Y Std Deviation | 12.9306% | 13.1948% |
| 3Y Calmar Ratio | 0.56 | 0.45 |
Portfolio Analytics
UTI Focused Fund (30 stocks) carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Franklin India ELSS Tax Saver Fund - Direct - Growth | UTI Focused Fund (30 stocks) - Direct Plan - Growth Option | |
|---|---|---|
| P/E Ratio | 24.0186 | 27.11 |
| P/B Ratio | - | 3.23 |
| Dividend Yield | 1.1852% | - |
| Active Share | 60.19% | - |
| Portfolio Turnover | 2262% | 27% |
| YTM | 5.2602% | - |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
Franklin India ELSS Tax Saver Fund and UTI Focused Fund (30 stocks) carry the same Punji Quality grade.
| Franklin India ELSS Tax Saver Fund - Direct - Growth | UTI Focused Fund (30 stocks) - Direct Plan - Growth Option | |
|---|---|---|
| Quality Grade | D | D |
| Safety Grade | D | D |
| Compound Grade | D | D |
Frequently asked questions
Which has a higher 3-year return, Franklin India ELSS Tax Saver Fund or UTI Focused Fund (30 stocks)?
Franklin India ELSS Tax Saver Fund's 3-year rolling CAGR of 17.2% is higher than UTI Focused Fund (30 stocks)'s 16.2%. Franklin India ELSS Tax Saver Fund sits in the 47th percentile of its category on this metric, versus the 41st percentile for UTI Focused Fund (30 stocks) - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Franklin India ELSS Tax Saver Fund or UTI Focused Fund (30 stocks)?
UTI Focused Fund (30 stocks)'s direct-plan expense ratio is 0.15 percentage points lower than Franklin India ELSS Tax Saver Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, Franklin India ELSS Tax Saver Fund or UTI Focused Fund (30 stocks)?
By standard deviation (a measure of how much a fund's returns swing around its own average), UTI Focused Fund (30 stocks) has been more volatile than Franklin India ELSS Tax Saver Fund over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.20 for Franklin India ELSS Tax Saver Fund vs 0.15 for UTI Focused Fund (30 stocks)) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, Franklin India ELSS Tax Saver Fund or UTI Focused Fund (30 stocks)?
Franklin India ELSS Tax Saver Fund has ₹5,953 Cr in assets under management, versus ₹2,365 Cr for UTI Focused Fund (30 stocks). A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Franklin India ELSS Tax Saver Fund or UTI Focused Fund (30 stocks)?
Franklin India ELSS Tax Saver Fund launched on 1994-04-10, making it older than UTI Focused Fund (30 stocks) (launched 2021-08-04). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-01. Source: AMFI disclosures via Punji. Not investment advice.