Axis ELSS Tax Saver Fund
Get the latest NAV of Axis ELSS Tax Saver Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹96.28
1D
NAV as on 30 Mar 2026
15.35%/per year
Since Inception
▲▼
11873 people have invested ₹ 3.7Cr in Axis ELSS Tax Saver Fund in the last three months
Axis ELSS Tax Saver Fund Performance vs. Nifty 500
Fund returns vs Benchmark returns vs Category Average returns as on (30-Mar-26)
The fund has outperformed the benchmark (Nifty 500) over 1Y, 3Y, but underperformed over 5Y.
Axis ELSS Tax Saver Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 22 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.
Axis ELSS Tax Saver Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Axis ELSS Tax Saver Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Axis ELSS Tax Saver Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Basic Materials
Financial Services
34%
Consumer Cyclical
16%
Industrial
11%
Financial Services
34%
Consumer Cyclical
16%
Basic Materials
10%
Axis ELSS Tax Saver Fund Holdings Details
as on (28-Feb-26)
Axis ELSS Tax Saver Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.81% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹33186 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 46.29% |
| Risk |   Very High Risk |
About Axis ELSS Tax Saver Fund
Axis ELSS Tax Saver Fund (Formerly known as Axis Long-term Equity Fund) is an equity mutual fund. This fund offers a tax benefit of up to ₹1.5 lakhs. The fund comes with a lock-in period of 3 years.
The portfolio consists predominantly of large-cap stocks, with selective exposure to mid and small caps and is benchmarked against Nifty 100 TRI. This benchmark helps them track their performance against a broader market.
Investment Strategy
Axis ELSS Tax Saver Fund is managed by Mr. Shreyash Devalkar and Mr. Ashish Naik, who employ a bottom-up stock picking approach. The fund maintains a strong focus on sectors like Financial, Healthcare, Technology and Automobile.
To reduce concentration risk, stocks are actively allocated across different market caps. The fund focuses on companies with:
- Strong fundamentals and leadership positions
- Consistent earnings growth
- High operating cash flows and lower debt
Who Should Invest In Axis ELSS Tax Saver Fund?
The fund can be a suitable choice for people who have a long-term investment plan. If you align with the following characteristics, you should consider investing in the fund:
- You want to save tax under section 80C
- You want to build wealth with equities
- You have a moderate to high risk appetite
Taxation
Even though the fund has a 3-year lock-in, capital gains are treated the same as other equity mutual funds:
- Short-Term Capital Gains (STCG): Not applicable due to 3-year lock-in
- Long-Term Capital Gains (LTCG): Gains up to ₹1,25,000 per year are tax-free; any amount above that is taxed at 12.5%
This makes the fund tax-efficient, especially for long-term investors.
Allocation & Historical Returns
Fund Manager
Shreyash Devalkar
Fund Manager of Axis ELSS Tax Saver Fund, since 4 August 2023
Ashish Naik
Fund Manager of Axis ELSS Tax Saver Fund, since 3 August 2023
- AUM of the fund stands at 33.2K Cr as of Feb'26
- AUM increased by 255.4 Cr between Feb'26 and Jan'26
Compare Axis ELSS Tax Saver Fund
Axis ELSS Tax Saver Fund
VS
SBI ELSS Tax Saver Fund
Frequently Asked Questions for Axis ELSS Tax Saver Fund
How do I invest in Axis ELSS Tax Saver Fund?
- Download the INDmoney app.
- Search for ‘Axis ELSS Tax Saver Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.