Axis ELSS Tax Saver Fund
Value Research Rating
Our Opinion
Riskometer
Very High
₹94.3225 -0.49%
As on 08-May-2026
Returns
Risk
This fund has Very High risk.
As per SEBI's Riskometer.
Portfolio of Axis ELSS Tax Saver Fund
Asset Allocation
Split between different types of investments
Market Cap Weightage
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
Peer Comparison
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Axis ELSS Tax Saver Fund
|
|
|
Very High
|
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1.93 |
|
 |
|
Very High
|
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1.62 |
||
 |
|
Very High
|
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1.81 |
||
|
|
Very High
|
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1.69 |
||
|
|
Very High
|
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1.86 |
Other details of Axis ELSS Tax Saver Fund
Assets
₹29,076 Cr
Exit Load (Days)
--
Min. Investment (₹)
500
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
500
Min. No of Cheques
6
About Axis ELSS Tax Saver Fund
Axis ELSS Tax Saver Fund is a equity mutual fund scheme of Axis Mutual Fund. Launched on December 29, 2009, it is currently managed by Shreyash Devalkar and Ashish Naik. The fund has an expense ratio of 1.93% with an overall AUM (Assets Under Management) of ₹29,076 Cr.
Axis ELSS Tax Saver Fund is mandated to invest at least 80 per cent of its assets in equity stocks. It offers tax exemption under Section 80C of the Indian income tax laws. As per this section, investments of up to Rs 1.5 lakh in a financial year in eligible securities are exempt from tax. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹500.
Investment Strategy
The scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. The Scheme Will invest in companies with strong growth & a sustainable business model.
Suitability
ELSS funds are suitable for investors:
- Seeking tax savings u/s 80C through a diversified equity portfolio
- Aiming for long-term wealth creation
- With a 5+ year investment horizon
- Who are at ease with the market's ups and downs
Note:
- Invest only through SIP
- The fund has a lock-in-period of 3 years
Capital Gains Taxation
- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on Axis ELSS Tax Saver Fund
Dividend Declaration under Axis ELSS Tax Saver Fund
1 min read•By News Desk
Name Change of Axis Long Term Equity Fund
1 min read•By News Desk
FAQ for Axis ELSS Tax Saver Fund
How to Invest in Axis ELSS Tax Saver Fund?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Axis ELSS Tax Saver Fund through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Axis ELSS Tax Saver Fund can be bought from the Axis Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of Axis ELSS Tax Saver Fund Today?
The latest declared NAV of Axis ELSS Tax Saver Fund, is ₹94.3225 as of 10-May-2026.
What are the top holdings of Axis ELSS Tax Saver Fund?
| Company | Percentage of Portfolio |
|---|---|
|
7.29
|
|
|
5.74
|
|
|
4.32
|
|
|
3.71
|
|
|
3.34
|
What is the return of Axis ELSS Tax Saver Fund in the last 5 years?
Over the past five years, Axis ELSS Tax Saver Fund has delivered an annualised return of 8.81% as of 10-May-2026.
What is the minimum investment required in Axis ELSS Tax Saver Fund?
The minimum investment required to start investing in Axis ELSS Tax Saver Fund is ₹500 for the lump sum option and ₹500 for the SIP (Systematic Investment Plan) option.
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