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Axis ELSS Tax Saver Fund

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Why Invest in Equity Funds?

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Overview

Benefits

Axis ELSS Tax Saver Fund is a diversified equity linked saving scheme (ELSS) that invests in a mix of large caps and select midcaps.

The fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments.

A 3-year lock-in ensures that the money stays invested in equities and does not get perturbed by market ups and downs. Add to it, the fund manager can take much informed decision and look through the interim volatility.

Being an ELSS scheme, the scheme comes with dual advantages of building wealth and saving tax.

The long term mutual fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments.

Asset Class benefit

Equity as an asset class holds potential to beat inflation and generate long term wealth.

Target Goals

Long-term goals such as children's education & their future, retirement or any other long term growth that needs wealth creation plan.

Investment Objective

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.

Entry Load, Exit Load & Tax

Tax implication

Minimum Investment

This product is suitable for investors who are seeking*

  • Capital appreciation & generating income over long term.
  • Investment in a diversified portfolio predominantly consisting of equity and equity related instruments.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Axis ELSS Tax Saver Fund
NIFTY 500 TRI

Fund Manager

Mr. Ashish Naik
View Details
Mr. Shreyash Devalkar
View Details

Performance

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Lumpsum
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Returns Over The Years

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Performance of Axis ELSS Tax Saver Fund - Direct Growth as of February 28, 2026

NIFTY 500 TRICurrent Value of Rs.10,000 Invested
Annualised(%)Nifty 500 TRI
Benchmark(%)
Nifty 50 TRI
Additional Benchmark(%)
Annualised(₹)Nifty 500 TRI
Benchmark(₹)
Nifty 50 TRI
Additional Benchmark(₹)
Since Inception
2013-01-01
16.30%13.97%12.93%73,03755,91349,594
5 Years
10.60%14.86%12.93%16,55820,00618,379
3 Years
16.79%17.97%14.64%15,93116,42015,066
1 Year
14.77%17.68%15.12%11,47311,76211,507

Performance of SIP

SIP InvestmentsTotal Amount InvestedMarket Value
(As on 2026-02-27)
Returns
(Annualised)
Benchmark Returns
(Annualised)
Additional Benchmark Returns
(Annualised)
Benchmark Market ValueAdditional Benchmark Market Value
Since Inception
29 Dec 2009
19,40,00067,97,358.6014.10%13.83%12.79%66,27,787.9060,09,068.51
5 Years
6,00,0007,56,938.019.25%12.71%11.04%8,24,630.957,91,191.81
3 Years
3,60,0004,13,124.879.19%10.47%9.28%4,20,896.524,13,671.83
1 Year
1,20,0001,22,189.133.45%5.49%4.67%1,23,472.271,22,959.96

Fund Quants

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Portfolio

information

Asset Cap Mix

Portfolio Summary

No. of stocks
10
Top 10 Stocks (%)
37.92%
Top 5 Stocks (%)
24.28%
Top 3 Stocks (%)
17.56%

Holdings

Stocks% of holdings
ICICI Bank Limited7.31
HDFC Bank Limited6.54
Bharti Airtel Limited3.71
Infosys Limited3.38
Bajaj Finance Limited3.34
State Bank of India2.99
Larsen & Toubro Limited2.97
Reliance Industries Limited2.82
Mahindra & Mahindra Limited2.61
Pidilite Industries Limited2.25

IDCW

Record DateOptionIDCW (Per Unit)NAV (Per Unit)
Individuals/HUFOthersCum IDCWEx- IDCW
2026-01-20Dividend4.54.553.5849.08
2025-01-17Dividend4.574.5755.9651.39
2024-01-24Dividend4.34.352.0447.74

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Frequently asked questions

What is Axis ELSS Tax Saver Fund?

Axis ELSS Tax Saver Fund is an ELSS mutual fund scheme. This is an open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. The investment objective of this tax saver fund 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 objective of the Scheme will be achieved.

How to invest in Axis ELSS Tax Saver Fund?

One of the best to way to save tax is by investing in tax saving mutual funds like ELSS. Follow these simple steps to invest in Axis ELSS Tax Saver Fund online:1. Log on to https://www.axismf.com website2. Hover on the ‘All Schemes’ tab and when you get a drop down click on ‘Equity’3. You will see all the equity mutual funds offered by Axis Mutual Fund4. ‘Select Axis ELSS Tax Saver Fund’5. Click on ‘Start SIP’ if you want to start a SIP 6. Then Select the SIP amount, Tenure, SIP date and Growth / Regular plan and click ‘Continue’7. If you want to start investing right away, you can even click select the ‘Add Lumpsum’ feature8. You can now start investing in this ELSS mutual fund and save tax

Who should invest in Axis ELSS Tax Saver Fund?

Axis ELSS Tax Saver Fund is an ELSS scheme that falls under the Section 80C of the Indian Income Tax Act, 1961. It is an open ended equity mutual fund scheme which is ideal for investors with a long term investment horizon and a very high risk appetite. Investors seeking tax exemption for the ongoing fiscal year may consider investing in equity linked savings scheme like Axis ELSS Tax Saver Fund. This tax saver fund comes with a predetermined lock-in period of three years and invests in equity for generating long term capital appreciation. Investors who are alright with investing in tax saving instrument that invests in equity may consider diversifying their portfolio with Axis ELSS Tax Saver Fund.

Benefits of investing in Axis ELSS Tax Saver Fund?

Axis ELSS Tax Saver Fund is a diversified equity linked saving scheme (ELSS) that invests in a mix of large caps and select midcaps. This tax saver fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments. A 3-year lock-in ensures that the money stays invested in equities and does not get perturbed by market ups and downs. Add to it, the fund manager can take much informed decision and look through the interim volatility. Being an ELSS scheme, the scheme comes with dual advantages of building wealth and saving tax. The long term mutual fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments. Also, equity as an asset class holds potential to beat inflation and generate long term wealth. By investing in Axis ELSS Tax Saver Fund, investors can target long-term goals such as children's education & their future, retirement or any other long term growth that needs wealth creation plan.

When can I redeem my Axis ELSS Tax Saver Fund?

Axis ELSS Tax Saver Fund is a tax saving mutual fund scheme that comes with a statutory lock-in of three years. A lock-in period in mutual funds is a duration where the investor cannot sell his or her mutual fund scheme investments. This means investors cannot redeem their Axis ELSS Tax Saver Fund units for a minimum duration of 36 months from the time of investment. Upon the completion of the lock-in period, retail investors can redeem their Axis ELSS Tax Saver Fund units, or they can even consider this ELSS fund for long term investment.

How does Axis ELSS Tax Saver Fund work?

Axis ELSS Tax Saver Fund is a mutual fund scheme that invests a majority of its investible corpus in equity and equity related instruments of various companies. The scheme may invest the remaining its corpus in money market instruments in quantum with the scheme’s investment objective. The AMC collects money from investors sharing a common investment objective and the fund manager invests this accumulated sum. In return, investors receive units in accordance with the scheme’s current NAV (net asset value). The fund manager will try to balance the portfolio between large caps and mid caps while searching for investment opportunities across market cap. The scheme tries to invest in stocks that have growth potential and can offer long term earnings to investors.

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Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs.1 lakh).Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC).Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Past performance may or may not be sustained in future. Please consult your financial advisor before investing.