Previously Known As : Axis Long Term Equity Fund
Axis Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 26
Rating
Growth Option 07-03-2025
NAV ₹86.21(R) -0.19% ₹97.1(D) -0.19%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.98% 10.81% 12.71% 11.6% 10.5%
Direct 6.76% 11.67% 13.61% 12.53% 11.51%
Benchmark
SIP (XIRR) Regular -9.75% 10.1% 10.71% 10.79% 11.47%
Direct -9.06% 10.95% 11.6% 11.69% 12.44%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.07 0.06 0.31 -4.79% 0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.87% -22.63% -15.73% 1.0 10.71%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Parag Parikh ELSS Tax Saver Fund 3
Quantum ELSS Tax Saver Fund 4
DSP ELSS Tax Saver Fund 5
Taurus ELSS tax saver fund 6
Franklin India ELSS Tax Saver Fund 7

NAV Date: 07-03-2025

Scheme Name NAV Rupee Change Percent Change
Axis ELSS Tax Saver Fund - Regular Plan - IDCW 23.04
-0.0500
-0.1900%
Axis ELSS Tax Saver Fund - Direct Plan - IDCW 49.05
-0.0900
-0.1900%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 86.21
-0.1700
-0.1900%
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option 97.1
-0.1900
-0.1900%

Review Date: 07-03-2025

Axis ELSS Tax Saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 26 out of 34 funds in the category. The fund has delivered return of 5.98% in 1 year, 10.81% in 3 years, 12.71% in 5 years and 10.5% in 10 years. The category average for the same periods is 2.1%, 16.25%, 19.01% and 11.97% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 15.87, VaR of -22.63, Average Drawdown of -6.91, Semi Deviation of 10.71 and Max Drawdown of -15.73. The category average for the same parameters is 14.2, -18.56, -6.64, 10.17 and -17.46 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in Axis ELSS Tax Saver Fund direct growth option would have grown to ₹10676.0 in 1 year, ₹13924.0 in 3 years and ₹18928.0 in 5 years as of today (07-03-2025).
  2. An SIP of ₹1,000 per month in Axis ELSS Tax Saver Fund direct growth option would have grown to ₹11407.0 in 1 year, ₹42417.0 in 3 years and ₹80279.0 in 5 years as of today (07-03-2025).
  3. standard deviation of 15.87 and based on VaR one can expect to lose more than -22.63% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.07 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.83, Beta of 1.0 and Jensen's Alpha of -4.79% which exhibit poor performance in the elss (tax saving) fund category .


Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


Date Axis Elss Tax Saver Fund NAV Regular Growth Axis Elss Tax Saver Fund NAV Direct Growth
07-03-2025 86.2109 97.102
06-03-2025 86.3792 97.2896
05-03-2025 85.8138 96.6508
04-03-2025 84.8175 95.5268
03-03-2025 84.7387 95.4362
28-02-2025 84.312 94.9501
27-02-2025 86.043 96.8975
25-02-2025 86.4131 97.3105
24-02-2025 86.3492 97.2366
21-02-2025 87.1723 98.1576
20-02-2025 87.8589 98.9287
19-02-2025 87.6326 98.672
18-02-2025 87.321 98.3192
17-02-2025 87.3399 98.3385
14-02-2025 87.4333 98.4378
13-02-2025 88.4713 99.6044
12-02-2025 88.3429 99.4579
11-02-2025 88.3865 99.5049
10-02-2025 90.0892 101.4198
07-02-2025 91.3045 102.7818

Fund Launch Date: 17/Dec/2009
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there canbe no assurance that the investment objective of the Scheme will be achieved
Fund Description: An Open-Ended Equity Linked Savings Scheme With A Statutory Lock In Of 3 Years And Tax Benefit
Fund Benchmark: S&P BSE 200 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.