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Up to six funds side by side, and how much of each is the same portfolio as the others. Overlap is Σ min(weight) over the stocks both hold, from the latest disclosures.

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Overlap

share of the portfolio the two funds hold in common

Groww ELSS Tax SaverAxis ELSS- Tax Saver
Groww ELSS Tax Saver
itself
53%
Axis ELSS- Tax Saver
53%
itself

Most alike: Groww ELSS Tax Saver Fund and Axis ELSS- Tax Saver Fund share 53% of their portfolios. Holding both is closer to holding one twice than to diversifying.

Side by side

record, cost, returns, drawdown, size

MeasureGroww ELSS Tax SaverAxis ELSS- Tax Saver
CategoryELSSELSS
Share of three-year stretches it beat its category P40% of 7050% of 109
Regular plan costs more than Direct by, a year P51.77%1.02%
Portfolio turned over a year P1159%72%
Run by P7Paras Matalia · 1.2 yrsnot known
1-year return−6.2%−0.5%
3 years p.a.9.7%11.0%
5 years p.a.8.6%5.9%
Deepest fall (max drawdown)−20.8%−16.5%
Assets (AUM)₹52 Cr₹31,318 Cr
Disclosed history2.1 yrs5.9 yrs
Holdings · top ten weight96 · 36%70 · 37%

Funds in different categories are not comparable on returns — a category error is the first thing the postulates refuse to make. Compare each to its own category on its fund page.