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  • Axis ELSS Tax Saver Fund (Growth)

Formerly Axis Long Term Equity Gr

Axis Mutual Fund

Axis ELSS Tax Saver Fund (Growth)

EquityTax Saving

81.4294

NAV (Feb 23)

14.9%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in tax saving mutual funds.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

81.4294

NAV (Feb 23)

Fund Returns

Last 1Y
31.5%
Last 3Y
9.9%
Last 5Y
14.9%
Last 10Y
16.7%
Since Inception
16%
6 Month CAGR
16.6%

Scheme Information

Investment Objective

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 objective of the Scheme will be achieved.

Expense Ratio
1.54
Launched (15y ago)
Dec 29, 2009
AUM in Crores
33526.420
ISIN
INF846K01131
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
15.8
Standard Deviation (5yr)
18.9
Beta (3yr)
1.05
Beta (5yr)
0.91
Sharpe Ratio (3yr)
0.467
Sharpe Ratio (5yr)
0.528
YTM
0
Fund Managers

Shreyash Devalkar

Fund Manager

Ashish Naik

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis ELSS Tax Saver Fund (Growth)70%10,61,690 3,29,07814.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-02-23

Top Stock Holdings

tata consultancy services ltd

7.1%
7.1%

bajaj finance ltd

6.3%
6.3%

torrent power ltd

6.1%
6.1%

avenue supermarts ltd

5.5%
5.5%

nestle india ltd

5.1%
5.1%
See all holdings

Allocation by Sector

financial services

23.1%
23.1%

consumer cyclical

12.1%
12.1%

basic materials

10.9%
10.9%

consumer defensive

10.7%
10.7%

technology

10.3%
10.3%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 16,033 cr

₹ 13,846 cr

₹ 20,949 cr

₹ 11,823 cr

₹ 9,962 cr

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 275,915 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
022-43255161
customerservice@axismf.com
Fund NameScripbox Opinion
Till Date CAGR

5.6%

7.9%

5.3%

7%

5.9%

7%

6%

8%

5.2%

7.5%

Axis ELSS Tax Saver Fund (G) Review

Axis ELSS Tax Saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 16% over a period of 14 years. The fund was previously known as Axis Long Term Equity Gr. The fund is managed by Axis Asset Management Company Limited. The fund managers are Ashish Naik, Shreyash Devalkar.

Nav of Axis ELSS Tax Saver Fund (G) as of 2/23/2024 is ₹81.43 with the total AUM as of 2/25/2024 is ₹33526.42. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis ELSS Tax Saver Fund (G) was launched on Dec 29, 2009. The category risk of the fund is Very High Risk.

The minimum SIP amount for Axis ELSS Tax Saver Fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

Axis ELSS Tax Saver Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty 500 TR INR.

Axis ELSS Tax Saver Fund (G) is rated as a 1 fund in Equity and delivered 31.5% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis ELSS Tax Saver Fund (G).

Frequently Asked Questions

What is Axis ELSS Tax Saver Fund (G)?

Axis ELSS Tax Saver Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Axis ELSS Tax Saver Fund (G)?

You can invest in Axis ELSS Tax Saver Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis ELSS Tax Saver Fund (G)?

The minimum sip amount for Axis ELSS Tax Saver Fund (G) is ₹500. You can invest in multiples of ₹500.

Is Axis ELSS Tax Saver Fund (G) good to invest in?

As per Scripbox experts, Axis ELSS Tax Saver Fund (G) is a Not Recommended fund. You can investAxis ELSS Tax Saver Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis ELSS Tax Saver Fund (G)?

The expense ratio of the Axis ELSS Tax Saver Fund (G) is 1.54% for regular plan.