Axis ELSS Tax Saver Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Cost-efficient: expense ratio of 1.73% is lower than category median (2.34%).
- Over 17 years of operational history across different market cycles.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +10.24% | +7.77% | +2.47% |
| 3 Months | +2.52% | +0.19% | +2.33% |
| 6 Months | +9.43% | +5.12% | +4.31% |
| 1 Year | +3.59% | +1.89% | +1.70% |
| 3 Years CAGR | +11.83% | +11.88% | -0.05% |
| 5 Years CAGR | +5.80% | +9.96% | -4.16% |
| 7 Years CAGR | +11.04% | +13.84% | -2.80% |
| 10 Years CAGR | +12.42% | +13.83% | -1.41% |
| Since Inception | +14.75% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Axis ELSS Tax Saver Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +4.55% | +1.20% | +3.35% |
| 2025 | +4.39% | +3.57% | +0.82% |
| 2024 | +17.43% | +19.98% | -2.55% |
| 2023 | +21.96% | +27.84% | -5.88% |
| 2022 | -11.97% | +2.11% | -14.08% |
| 2021 | +24.54% | +32.16% | -7.62% |
| 2020 | +20.52% | +17.88% | +2.64% |
| 2019 | +14.83% | +9.89% | +4.94% |
| 2018 | +2.67% | -6.42% | +9.09% |
| 2017 | +37.44% | +37.59% | -0.15% |
| 2016 | -0.69% | +3.19% | -3.88% |
| 2015 | +6.70% | +3.80% | +2.90% |
| 2014 | +66.18% | +49.05% | +17.13% |
| 2013 | +16.51% | +7.15% | +9.36% |
| 2012 | +33.68% | +29.97% | +3.71% |
| 2011 | -14.76% | -23.37% | +8.61% |
| 2010 | +29.99% | +17.81% | +12.18% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -18.51% | +15.77% | +12.44% | +86.83% | 79.7% | 22.0% |
| 3-Year Rolling | +0.48% | +15.90% | +13.84% | +37.72% | 100.0% | 0.3% |
| 5-Year Rolling | +2.14% | +15.83% | +15.92% | +27.91% | 100.0% | 0.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2020-02-12 | 2020-03-23 | -33.6% | 1 months | 8 months |
| 2021-10-14 | 2022-06-17 | -28.4% | 8 months | 19 months |
| 2010-11-04 | 2011-12-20 | -19.2% | 14 months | 8 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity- related Securities - (80%-100%), | Per Scheme Mandate |
| Debt and money market instruments - (0%-20%) | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment of the scheme will be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 32,701 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as strained relative to ELSS schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest ELSS Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Taurus ELSS Tax Saver Fund | 4.4 | +12.02% | 2.61% | 89.2% | Rs 74.9 cr | Compare → |
| ITI ELSS Tax Saver Fund | 4.1 | +12.56% | 2.60% | 140.7% | Rs 447 cr | Compare → |
| CANARA ROBECO ELSS TAX SAVER FUND | 5.7 | +12.15% | 1.84% | 95.9% | Rs 8,844 cr | Compare → |
| Invesco India ELSS Tax Saver Fund | 3.6 | +11.70% | 2.30% | 109.7% | Rs 2,732 cr | Compare → |
| Tata ELSS Fund | 5.5 | +12.49% | 1.92% | 105.6% | Rs 4,634 cr | Compare → |
Frequently Asked Questions about Axis ELSS Tax Saver Fund
What is the expense ratio of Axis ELSS Tax Saver Fund?
Axis ELSS Tax Saver Fund has a total expense ratio (TER) of 1.73% with a base expense ratio of 1.33%, compared to the ELSS category median of 2.34%.
Who manages Axis ELSS Tax Saver Fund?
Axis ELSS Tax Saver Fund is managed by Shreyash Devalkar (tenure: 3.3 years since 2023-08-04).
What are the historical returns of Axis ELSS Tax Saver Fund?
Axis ELSS Tax Saver Fund delivered a 3-year CAGR of 11.83% and a 5-year CAGR of 5.8%. Its 1-year return stands at +3.59%.
How large is Axis ELSS Tax Saver Fund?
Axis ELSS Tax Saver Fund manages assets of Rs 32,701 cr, placing it in the 'strained' size band relative to ELSS peers.
How is Axis ELSS Tax Saver Fund scored on MFIQ?
Axis ELSS Tax Saver Fund holds an MFIQ Score of 5.6/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Axis ELSS Tax Saver Fund?
Axis ELSS Tax Saver Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 13.53% with a maximum historical drawdown of -33.57%.