COMPARE
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH vs SBI Healthcare Opportunities Fund - Direct Plan -growth
SBI ELSS Tax Saver FUND and SBI Healthcare Opportunities Fund are in different categories (ELSS vs Sectoral/ Thematic), from SBI Funds Management Limited. SBI Healthcare Opportunities Fund has posted a higher 3-year rolling CAGR. SBI Healthcare Opportunities Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
SBI Healthcare Opportunities Fund has the lower direct-plan expense ratio, by 0.22 percentage points.
| SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH | SBI Healthcare Opportunities Fund - Direct Plan -growth | |
|---|---|---|
| Category | ELSS | Sectoral/ Thematic |
| AMC | SBI Funds Management Limited | SBI Funds Management Limited |
| Benchmark | BSE 500 TRI | BSE Healthcare |
| NAV | ₹444.1729 (2026-09-30) | ₹586.3281 (2026-09-30) |
| AUM | ₹30,523.436 Cr | ₹6,008.814 Cr |
| Expense Ratio (Direct) | 1.26% | 1.04% |
| Inception | 1993-02-24 | 1993-01-01 |
Returns
SBI Healthcare Opportunities Fund leads on 3-year rolling CAGR (20.8% vs SBI ELSS Tax Saver FUND's 17.8%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
SBI Healthcare Opportunities Fund has been the more volatile of the two by standard deviation.
| SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH | SBI Healthcare Opportunities Fund - Direct Plan -growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.42 | 1.25 |
| 3Y Alpha | 3.4738% | 4.0076% |
| 3Y Std Deviation | 13.2402% | 13.7727% |
| 3Y Calmar Ratio | 0.78 | 1.78 |
Portfolio Analytics
SBI ELSS Tax Saver FUND carries the higher portfolio YTM.
| SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH | SBI Healthcare Opportunities Fund - Direct Plan -growth | |
|---|---|---|
| P/E Ratio | 24.2467 | 58.4271 |
| P/B Ratio | 5.0436 | - |
| Dividend Yield | 1.0219% | 0.4572% |
| Active Share | 58.41% | 36.85% |
| Portfolio Turnover | - | 14.000000000000002% |
| YTM | 5.2602% | 5.2602% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
SBI Healthcare Opportunities Fund has the stronger Punji Quality grade of the two.
| SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH | SBI Healthcare Opportunities Fund - Direct Plan -growth | |
|---|---|---|
| Quality Grade | C | A |
| Safety Grade | A | A |
| Compound Grade | C | A |
Frequently asked questions
Which has a higher 3-year return, SBI ELSS Tax Saver FUND or SBI Healthcare Opportunities Fund?
SBI Healthcare Opportunities Fund's 3-year rolling CAGR of 20.8% is higher than SBI ELSS Tax Saver FUND's 17.8%. SBI Healthcare Opportunities Fund sits in the 80th percentile of its category on this metric, versus the 53rd percentile for SBI ELSS Tax Saver FUND - 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, SBI ELSS Tax Saver FUND or SBI Healthcare Opportunities Fund?
SBI Healthcare Opportunities Fund's direct-plan expense ratio is 0.22 percentage points lower than SBI 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, SBI ELSS Tax Saver FUND or SBI Healthcare Opportunities Fund?
By standard deviation (a measure of how much a fund's returns swing around its own average), SBI Healthcare Opportunities Fund has been more volatile than SBI 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 (0.42 for SBI ELSS Tax Saver FUND vs 1.25 for SBI Healthcare Opportunities Fund) 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, SBI ELSS Tax Saver FUND or SBI Healthcare Opportunities Fund?
SBI ELSS Tax Saver FUND has ₹30,523 Cr in assets under management, versus ₹6,009 Cr for SBI Healthcare Opportunities Fund. 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 has a higher yield to maturity (YTM), SBI ELSS Tax Saver FUND or SBI Healthcare Opportunities Fund?
SBI ELSS Tax Saver FUND's portfolio YTM (5.2602%) is higher than SBI Healthcare Opportunities Fund's. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, SBI ELSS Tax Saver FUND or SBI Healthcare Opportunities Fund?
SBI Healthcare Opportunities Fund launched on 1993-01-01, making it older than SBI ELSS Tax Saver FUND (launched 1993-02-24). 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.