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.
Equity as an asset class holds potential to beat inflation and generate long term wealth.
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
Performance of Axis ELSS Tax Saver Fund - Regular Growth as of February 28, 2026
NIFTY 500 TRI
Current 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 2009-12-29
15.01%
12.18%
11.59%
96,029
64,170
58,913
5 Years
9.74%
14.86%
12.93%
15,925
20,006
18,379
3 Years
15.93%
17.97%
14.64%
15,582
16,420
15,066
1 Year
13.94%
17.68%
15.12%
11,390
11,762
11,507
Performance of SIP
SIP Investments
Total Amount Invested
Market Value (As on 2026-02-27)
Returns (Annualised)
Benchmark Returns (Annualised)
Additional Benchmark Returns (Annualised)
Benchmark Market Value
Additional Benchmark Market Value
Since Inception 29 Dec 2009
19,40,000
67,97,358.60
14.10%
13.83%
12.79%
66,27,787.90
60,09,068.51
5 Years
6,00,000
7,56,938.01
9.25%
12.71%
11.04%
8,24,630.95
7,91,191.81
3 Years
3,60,000
4,13,124.87
9.19%
10.47%
9.28%
4,20,896.52
4,13,671.83
1 Year
1,20,000
1,22,189.13
3.45%
5.49%
4.67%
1,23,472.27
1,22,959.96
Updated as on: February 28, 2026
Fund Quants
CAGR (SI)
15.01%
Benchmark Returns (SI)
12.18%
NAV
88.47As on Mar 16, 2026
Risk
Very High
AUM (In Cr.)
₹ 33,185.50As on Feb 28, 2026(in Cr.)
Expense Ratio
1.57%As on Mar 16, 2026
Worth of investments (SI) ₹10,000 Monthly SIP grown to
₹ 68,92,694.50
Beta
0.89
Standard Deviation
12.27%
Portfolio Turnover(1 year)
0.3 times
Sharpe Ratio**
0.88
Updated as on: As of February 28, 2026
Portfolio
Asset Cap Mix
Equity96.82%
Non-convertible Preference Shares0.01%
Debt/Cash3.16%
Portfolio Summary
No. of stocks
10
Top 10 Stocks (%)
37.92%
Top 5 Stocks (%)
24.28%
Top 3 Stocks (%)
17.56%
Market Cap
Small Cap4.71%
Mid Cap16.82%
Large Cap75.27%
Top 5 Sectors
Financial Services33%
Healthcare8.23%
Automobile and Auto Components8.07%
Capital Goods6.85%
Consumer Services5.76%
Holdings
Stocks
% of holdings
ICICI Bank Limited
7.31
HDFC Bank Limited
6.54
Bharti Airtel Limited
3.71
Infosys Limited
3.38
Bajaj Finance Limited
3.34
State Bank of India
2.99
Larsen & Toubro Limited
2.97
Reliance Industries Limited
2.82
Mahindra & Mahindra Limited
2.61
Pidilite Industries Limited
2.25
Updated as on: February 28, 2026
IDCW
Record Date
Option
IDCW (Per Unit)
NAV (Per Unit)
Individuals/HUF
Others
Cum IDCW
Ex- IDCW
2026-01-20
Dividend
2.1
2.1
25.01
22.91
2025-01-17
Dividend
2.15
2.15
26.32
24.17
2024-01-24
Dividend
2
2
24.61
22.61
Outlook
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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.