Previously Known As : Axis Long Term Equity Fund
Axis Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 33
BMSMONEY Rating
Gro. Opt. As On: 27-12-2024
NAV ₹93.4(R) +0.08% ₹105.06(D) +0.08%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 18.66% 8.87% 13.51% 12.3% 12.66%
LumpSum (D) 19.54% 9.72% 14.42% 13.25% 13.7%
SIP (R) 10.75% 17.2% 15.27% 13.86% 13.47%
SIP (D) 11.58% 18.09% 16.18% 14.76% 14.44%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.08 0.07 0.26 -8.11% 0.01
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.68% -22.63% -21.18% 1.05 10.51%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
Hsbc Tax Saver Equity Fund 4
DSP ELSS Tax Saver Fund 5
Quantum ELSS Tax Saver Fund 6
JM ELSS Tax Saver Fund 7

NAV Date: 27-12-2024

Scheme Name NAV Rupee Change Percent Change
Axis ELSS Tax Saver Fund - Regular Plan - IDCW 27.19
0.0200
0.0800%
Axis ELSS Tax Saver Fund - Direct Plan - IDCW 57.79
0.0500
0.0800%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 93.4
0.0700
0.0800%
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option 105.06
0.0800
0.0800%

Review Date: 27-12-2024

Axis ELSS Tax Saver Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 33 out of 33 funds in the category. The fund has delivered return of 18.66% in 1 year, 8.87% in 3 years, 13.51% in 5 years and 12.66% in 10 years. The category average for the same periods is 20.93%, 16.91%, 19.09% and 13.95% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 15.68, VaR of -22.63, Average Drawdown of -7.46, Semi Deviation of 10.51 and Max Drawdown of -21.18. The category average for the same parameters is 13.04, -15.83, -5.26, 9.14 and -11.69 respectively. The fund has high 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 ₹11954.0 in 1 year, ₹13208.0 in 3 years and ₹19615.0 in 5 years as of today (27-12-2024).
  2. An SIP of ₹1,000 per month in Axis ELSS Tax Saver Fund direct growth option would have grown to ₹12740.0 in 1 year, ₹47011.0 in 3 years and ₹89938.0 in 5 years as of today (27-12-2024).
  3. standard deviation of 15.68 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 0.08 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.81, Beta of 1.05 and Jensen's Alpha of -8.11% which exhibit poor performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.57
-0.42
-3.90 | 4.34 22 | 40 Average
3M Return % -7.70
-6.21
-15.54 | 1.54 29 | 40 Average
6M Return % 1.62
2.04
-11.41 | 15.82 20 | 40 Good
1Y Return % 18.66
20.93
9.84 | 48.70 24 | 40 Average
3Y Return % 8.87
16.91
8.87 | 28.15 33 | 33 Poor
5Y Return % 13.51
19.09
12.17 | 30.14 32 | 33 Poor
7Y Return % 12.30
13.81
8.52 | 20.54 24 | 29 Average
10Y Return % 12.66
13.95
10.30 | 20.43 17 | 23 Average
1Y SIP Return % 10.75
12.50
-9.87 | 42.41 24 | 40 Average
3Y SIP Return % 17.20
22.33
15.77 | 40.50 30 | 33 Poor
5Y SIP Return % 15.27
21.77
14.50 | 32.22 32 | 33 Poor
7Y SIP Return % 13.86
18.54
12.01 | 25.26 27 | 29 Poor
10Y SIP Return % 13.47
16.34
11.52 | 22.44 21 | 23 Poor
Standard Deviation 15.68
13.04
10.02 | 16.62 32 | 33 Poor
Semi Deviation 10.51
9.14
7.26 | 11.80 32 | 33 Poor
Max Drawdown % -21.18
-11.69
-21.18 | -6.28 33 | 33 Poor
VaR 1 Y % -22.63
-15.83
-22.63 | -11.90 33 | 33 Poor
Average Drawdown % -7.46
-5.26
-7.50 | -3.00 32 | 33 Poor
Sharpe Ratio 0.08
0.74
0.08 | 1.30 33 | 33 Poor
Sterling Ratio 0.26
0.81
0.26 | 1.37 33 | 33 Poor
Sortino Ratio 0.07
0.39
0.07 | 0.73 33 | 33 Poor
Jensen Alpha % -8.11
3.67
-8.11 | 17.38 33 | 33 Poor
Treynor Ratio 0.01
0.46
0.01 | 5.74 33 | 33 Poor
Modigliani Square Measure % 7.07
19.74
7.07 | 47.49 33 | 33 Poor
Alpha % -7.39
-1.14
-28.62 | 9.74 30 | 33 Poor
Return data last Updated On : Dec. 27, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.51 -0.33 -3.82 | 4.44 23 | 41
3M Return % -7.53 -5.99 -15.31 | 1.84 30 | 41
6M Return % 1.99 2.55 -10.94 | 16.51 22 | 41
1Y Return % 19.54 22.22 10.90 | 50.48 26 | 41
3Y Return % 9.72 18.23 9.72 | 29.71 33 | 33
5Y Return % 14.42 20.46 13.11 | 32.21 32 | 33
7Y Return % 13.25 15.02 9.51 | 22.22 25 | 29
10Y Return % 13.70 14.98 11.14 | 21.70 16 | 24
1Y SIP Return % 11.58 13.69 -8.88 | 44.13 25 | 41
3Y SIP Return % 18.09 23.69 17.28 | 42.16 30 | 33
5Y SIP Return % 16.18 23.15 15.41 | 33.80 32 | 33
7Y SIP Return % 14.76 19.76 12.92 | 26.76 28 | 29
10Y SIP Return % 14.44 17.37 12.49 | 23.94 22 | 24
Standard Deviation 15.68 13.04 10.02 | 16.62 32 | 33
Semi Deviation 10.51 9.14 7.26 | 11.80 32 | 33
Max Drawdown % -21.18 -11.69 -21.18 | -6.28 33 | 33
VaR 1 Y % -22.63 -15.83 -22.63 | -11.90 33 | 33
Average Drawdown % -7.46 -5.26 -7.50 | -3.00 32 | 33
Sharpe Ratio 0.08 0.74 0.08 | 1.30 33 | 33
Sterling Ratio 0.26 0.81 0.26 | 1.37 33 | 33
Sortino Ratio 0.07 0.39 0.07 | 0.73 33 | 33
Jensen Alpha % -8.11 3.67 -8.11 | 17.38 33 | 33
Treynor Ratio 0.01 0.46 0.01 | 5.74 33 | 33
Modigliani Square Measure % 7.07 19.74 7.07 | 47.49 33 | 33
Alpha % -7.39 -1.14 -28.62 | 9.74 30 | 33
Return data last Updated On : Dec. 27, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.08 ₹ 10,008.00 0.08 ₹ 10,008.00
1W 0.64 ₹ 10,064.00 0.66 ₹ 10,066.00
1M -0.57 ₹ 9,943.00 -0.51 ₹ 9,949.00
3M -7.70 ₹ 9,230.00 -7.53 ₹ 9,247.00
6M 1.62 ₹ 10,162.00 1.99 ₹ 10,199.00
1Y 18.66 ₹ 11,866.00 19.54 ₹ 11,954.00
3Y 8.87 ₹ 12,903.00 9.72 ₹ 13,208.00
5Y 13.51 ₹ 18,846.00 14.42 ₹ 19,615.00
7Y 12.30 ₹ 22,525.00 13.25 ₹ 23,898.00
10Y 12.66 ₹ 32,937.00 13.70 ₹ 36,121.00
15Y ₹ ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 10.75 ₹ 12,687.23 11.58 ₹ 12,739.75
3Y ₹ 36000 17.20 ₹ 46,428.66 18.09 ₹ 47,011.46
5Y ₹ 60000 15.27 ₹ 87,958.14 16.18 ₹ 89,937.54
7Y ₹ 84000 13.86 ₹ 137,676.08 14.76 ₹ 142,211.16
10Y ₹ 120000 13.47 ₹ 242,485.92 14.44 ₹ 255,419.04
15Y ₹ 180000 ₹ ₹


Date Axis Elss Tax Saver Fund NAV Regular Growth Axis Elss Tax Saver Fund NAV Direct Growth
27-12-2024 93.4029 105.0556
26-12-2024 93.3303 104.9719
24-12-2024 93.1499 104.7647
23-12-2024 93.3071 104.9395
20-12-2024 92.8075 104.3714
19-12-2024 94.7362 106.5383
18-12-2024 95.4035 107.2865
17-12-2024 95.7211 107.6416
16-12-2024 96.704 108.7447
13-12-2024 96.7899 108.8347
12-12-2024 96.5323 108.5429
11-12-2024 96.7591 108.7957
10-12-2024 96.5627 108.5727
09-12-2024 96.3739 108.3583
06-12-2024 96.4485 108.4356
05-12-2024 96.3998 108.3787
04-12-2024 95.7588 107.6559
03-12-2024 95.3614 107.207
02-12-2024 94.5911 106.339
29-11-2024 93.6066 105.2259
28-11-2024 93.0106 104.5539
27-11-2024 93.9373 105.5935

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.