Previously Known As : Axis Long Term Equity Fund
Axis Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 28
Rating
Growth Option 27-01-2026
NAV ₹93.45(R) +0.21% ₹105.94(D) +0.22%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.03% 15.04% 10.02% 12.74% 12.41%
Direct 7.82% 15.89% 10.88% 13.65% 13.41%
Nifty 500 TRI 10.21% 16.44% 15.78% 15.65% 15.12%
SIP (XIRR) Regular -1.11% 8.48% 8.76% 10.47% 11.26%
Direct -0.37% 9.32% 9.59% 11.35% 12.2%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.65 0.33 0.56 -0.71% 0.09
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.66% -19.4% -15.73% 0.9 9.02%
Fund AUM As on: 30/12/2025 34890 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
DSP ELSS Tax Saver Fund 3
Mirae Asset ELSS Tax Saver Fund 4
Baroda BNP Paribas ELSS Tax Saver Fund 5
Whiteoak Capital Elss Tax Saver Fund 6
ICICI Prudential ELSS Tax Saver Fund 7
Edelweiss ELSS Tax saver Fund 8

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
Axis ELSS Tax Saver Fund - Regular Plan - IDCW 22.88
0.0500
0.2100%
Axis ELSS Tax Saver Fund - Direct Plan - IDCW 49.02
0.1100
0.2200%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 93.45
0.1900
0.2100%
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option 105.94
0.2300
0.2200%

Review Date: 27-01-2026

Beginning of Analysis

Axis ELSS Tax Saver Fund is the 29th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The Axis ELSS Tax Saver Fund has shown a poor past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -0.71% which is lower than the category average of 0.61%, reflecting poor performance. The fund has a Sharpe Ratio of 0.65 which is lower than the category average of 0.8.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Axis ELSS Tax Saver Fund Return Analysis

The Axis ELSS Tax Saver Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of -3.53%, -5.63 and -1.79 in last one, three and six months respectively. In the same period the category average return was -3.79%, -4.95% and -1.2% respectively.
  • Axis ELSS Tax Saver Fund has given a return of 7.82% in last one year. In the same period the Nifty 500 TRI return was 10.21%. The fund has given 2.39% less return than the benchmark return.
  • The fund has given a return of 15.89% in last three years and rank 28th out of 37 funds in the category. In the same period the Nifty 500 TRI return was 16.44%. The fund has given 0.55% less return than the benchmark return.
  • Axis ELSS Tax Saver Fund has given a return of 10.88% in last five years and category average returns is 16.5% in same period. The fund ranked 32nd out of 32 funds in the category. In the same period the Nifty 500 TRI return was 15.78%. The fund has given 4.9% less return than the benchmark return.
  • The fund has given a return of 13.41% in last ten years and ranked 24th out of 27 funds in the category. In the same period the Nifty 500 TRI return was 15.12%. The fund has given 1.71% less return than the benchmark return.
  • The fund has given a SIP return of -0.37% in last one year whereas category average SIP return is 1.5%. The fund one year return rank in the category is 28th in 40 funds
  • The fund has SIP return of 9.32% in last three years and ranks 27th in 37 funds. Hdfc Taxsaver has given the highest SIP return (15.45%) in the category in last three years.
  • The fund has SIP return of 9.59% in last five years whereas category average SIP return is 13.35%.

Axis ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 12.66 and semi deviation of 9.02. The category average standard deviation is 13.02 and semi deviation is 9.55.
  • The fund has a Value at Risk (VaR) of -19.4 and a maximum drawdown of -15.73. The category average VaR is -16.78 and the maximum drawdown is -17.65. The fund has a beta of 0.88 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -3.59 -3.60
    -3.88
    		-7.16 | -1.99 18 | 39 Good
    3M Return % -5.81 -4.19
    -5.25
    		-11.47 | -1.62 26 | 39 Average
    6M Return % -2.14 0.24
    -1.80
    		-9.66 | 3.65 25 | 39 Average
    1Y Return % 7.03 10.21
    7.05
    		-2.60 | 13.36 22 | 39 Average
    3Y Return % 15.04 16.44
    16.01
    		6.04 | 23.28 25 | 37 Average
    5Y Return % 10.02 15.78
    15.19
    		10.02 | 20.64 32 | 32 Poor
    7Y Return % 12.74 15.65
    15.14
    		10.55 | 22.05 26 | 29 Poor
    10Y Return % 12.41 15.12
    14.33
    		11.41 | 19.66 23 | 26 Poor
    15Y Return % 14.63 12.65
    13.15
    		11.23 | 15.12 2 | 19 Very Good
    1Y SIP Return % -1.11
    0.26
    		-9.95 | 8.17 27 | 39 Average
    3Y SIP Return % 8.48
    9.23
    		-2.80 | 14.72 24 | 37 Average
    5Y SIP Return % 8.76
    12.06
    		7.39 | 18.21 31 | 32 Poor
    7Y SIP Return % 10.47
    14.39
    		10.47 | 19.37 29 | 29 Poor
    10Y SIP Return % 11.26
    13.89
    		10.48 | 18.92 24 | 26 Poor
    15Y SIP Return % 13.80
    14.27
    		12.23 | 18.50 13 | 20 Average
    Standard Deviation 12.66
    13.02
    		9.06 | 19.00 19 | 38 Good
    Semi Deviation 9.02
    9.55
    		6.49 | 14.84 14 | 38 Good
    Max Drawdown % -15.73
    -17.65
    		-28.24 | -9.56 11 | 38 Good
    VaR 1 Y % -19.40
    -16.78
    		-24.68 | -8.66 30 | 38 Average
    Average Drawdown % -4.70
    -6.26
    		-10.28 | -3.31 9 | 38 Very Good
    Sharpe Ratio 0.65
    0.80
    		0.14 | 1.34 30 | 38 Average
    Sterling Ratio 0.56
    0.61
    		0.22 | 0.93 26 | 38 Average
    Sortino Ratio 0.33
    0.40
    		0.09 | 0.75 29 | 38 Average
    Jensen Alpha % -0.71
    0.61
    		-9.13 | 7.26 29 | 38 Average
    Treynor Ratio 0.09
    0.11
    		0.02 | 0.18 28 | 38 Average
    Modigliani Square Measure % 14.59
    16.56
    		6.29 | 24.80 30 | 38 Average
    Alpha % -3.79
    -0.07
    		-7.94 | 8.92 35 | 38 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -3.53 -3.60 -3.79 -7.03 | -1.94 18 | 40 Good
    3M Return % -5.63 -4.19 -4.95 -11.20 | -1.38 29 | 40 Average
    6M Return % -1.79 0.24 -1.20 -9.01 | 4.51 27 | 40 Average
    1Y Return % 7.82 10.21 8.32 -1.26 | 14.17 24 | 40 Average
    3Y Return % 15.89 16.44 17.29 7.56 | 24.11 28 | 37 Average
    5Y Return % 10.88 15.78 16.50 10.88 | 21.82 32 | 32 Poor
    7Y Return % 13.65 15.65 16.39 11.49 | 23.85 26 | 29 Poor
    10Y Return % 13.41 15.12 15.46 12.51 | 20.99 24 | 27 Poor
    1Y SIP Return % -0.37 1.50 -8.59 | 9.99 28 | 40 Average
    3Y SIP Return % 9.32 10.49 -1.34 | 15.45 27 | 37 Average
    5Y SIP Return % 9.59 13.35 9.25 | 19.01 31 | 32 Poor
    7Y SIP Return % 11.35 15.66 11.35 | 20.87 29 | 29 Poor
    10Y SIP Return % 12.20 15.03 11.41 | 20.51 26 | 27 Poor
    Standard Deviation 12.66 13.02 9.06 | 19.00 19 | 38 Good
    Semi Deviation 9.02 9.55 6.49 | 14.84 14 | 38 Good
    Max Drawdown % -15.73 -17.65 -28.24 | -9.56 11 | 38 Good
    VaR 1 Y % -19.40 -16.78 -24.68 | -8.66 30 | 38 Average
    Average Drawdown % -4.70 -6.26 -10.28 | -3.31 9 | 38 Very Good
    Sharpe Ratio 0.65 0.80 0.14 | 1.34 30 | 38 Average
    Sterling Ratio 0.56 0.61 0.22 | 0.93 26 | 38 Average
    Sortino Ratio 0.33 0.40 0.09 | 0.75 29 | 38 Average
    Jensen Alpha % -0.71 0.61 -9.13 | 7.26 29 | 38 Average
    Treynor Ratio 0.09 0.11 0.02 | 0.18 28 | 38 Average
    Modigliani Square Measure % 14.59 16.56 6.29 | 24.80 30 | 38 Average
    Alpha % -3.79 -0.07 -7.94 | 8.92 35 | 38 Poor
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Axis Elss Tax Saver Fund NAV Regular Growth Axis Elss Tax Saver Fund NAV Direct Growth
    27-01-2026 93.4512 105.945
    23-01-2026 93.2576 105.7171
    22-01-2026 94.2777 106.8714
    21-01-2026 93.5754 106.0731
    20-01-2026 93.9588 106.5056
    19-01-2026 95.5982 108.3617
    16-01-2026 95.8535 108.6446
    14-01-2026 95.734 108.5048
    13-01-2026 96.0339 108.8425
    12-01-2026 96.0805 108.8931
    09-01-2026 96.048 108.8498
    08-01-2026 97.1154 110.0573
    07-01-2026 98.2233 111.3106
    06-01-2026 98.1711 111.2492
    05-01-2026 98.1122 111.1802
    02-01-2026 98.4318 111.5357
    01-01-2026 97.5652 110.5516
    31-12-2025 97.2938 110.2419
    30-12-2025 96.6857 109.5506
    29-12-2025 96.9263 109.8211

    Fund Launch Date: 17/Dec/2009
    Fund Category: ELSS (Tax Saving) Fund
    Investment Objective: To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there canbe no assurance that the investment objective of the Scheme will be achieved
    Fund Description: An Open-Ended Equity Linked Savings Scheme With A Statutory Lock In Of 3 Years And Tax Benefit
    Fund Benchmark: S&P BSE 200 Total Return Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.