Previously Known As : Axis Long Term Equity Fund
Axis Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 25
Rating
Growth Option 13-03-2026
NAV ₹87.87(R) -2.22% ₹99.71(D) -2.22%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 2.95% 13.31% 7.13% 10.62% 11.87%
Direct 3.7% 14.15% 7.96% 11.51% 12.86%
Nifty 500 TRI 7.03% 15.05% 12.45% 13.56% 14.3%
SIP (XIRR) Regular -13.24% 3.0% 5.68% 8.63% 9.91%
Direct -12.58% 3.8% 6.5% 9.51% 10.84%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.76 0.39 0.61 -1.03% -0.47
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.33% -14.28% -15.73% 0.89 8.76%
Fund AUM As on: 30/12/2025 34890 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI ELSS Tax Saver Fund 1
DSP ELSS Tax Saver Fund 2
HDFC ELSS Tax Saver 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
Mirae Asset ELSS Tax Saver Fund 5
HSBC Elss Tax Saver Fund 6
Nippon India ELSS Tax Saver Fund 7
Tata ELSS Fund 8

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
Axis ELSS Tax Saver Fund - Regular Plan - IDCW 21.52
-0.4900
-2.2200%
Axis ELSS Tax Saver Fund - Direct Plan - IDCW 46.14
-1.0500
-2.2200%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 87.87
-1.9900
-2.2200%
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option 99.71
-2.2600
-2.2200%

Review Date: 13-03-2026

Beginning of Analysis

In the ELSS (Tax Saving) Fund category, Axis ELSS Tax Saver Fund is the 29th ranked fund. The category has total 35 funds. The 2 star rating shows a poor past performance of the Axis ELSS Tax Saver Fund in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of -1.03% which is lower than the category average of -1.0%, reflecting poor performance. The fund has a Sharpe Ratio of 0.76 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 -8.81%, -9.65 and -9.48 in last one, three and six months respectively. In the same period the category average return was -8.23%, -9.81% and -8.42% respectively.
  • Axis ELSS Tax Saver Fund has given a return of 3.7% in last one year. In the same period the Nifty 500 TRI return was 7.03%. The fund has given 3.33% less return than the benchmark return.
  • The fund has given a return of 14.15% in last three years and rank 27th out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 15.05%. The fund has given 0.9% less return than the benchmark return.
  • Axis ELSS Tax Saver Fund has given a return of 7.96% in last five years and category average returns is 13.18% in same period. The fund ranked 32nd out of thirty two funds in the category. In the same period the Nifty 500 TRI return was 12.45%. The fund has given 4.49% less return than the benchmark return.
  • The fund has given a return of 12.86% in last ten years and ranked 22nd out of twenty seven funds in the category. In the same period the Nifty 500 TRI return was 14.3%. The fund has given 1.44% less return than the benchmark return.
  • The fund has given a SIP return of -12.58% in last one year whereas category average SIP return is -11.02%. The fund one year return rank in the category is 30th in 42 funds
  • The fund has SIP return of 3.8% in last three years and ranks 27th in 38 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (9.05%) in the category in last three years.
  • The fund has SIP return of 6.5% in last five years whereas category average SIP return is 9.96%.

Axis ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 12.33 and semi deviation of 8.76. The category average standard deviation is 12.95 and semi deviation is 9.5.
  • The fund has a Value at Risk (VaR) of -14.28 and a maximum drawdown of -15.73. The category average VaR is -16.62 and the maximum drawdown is -17.56. 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 % -8.86 -8.21
    -8.32
    		-10.27 | -5.71 26 | 41 Average
    3M Return % -9.81 -9.72
    -10.07
    		-13.81 | -4.81 18 | 41 Good
    6M Return % -9.80 -7.62
    -8.96
    		-15.09 | -4.98 28 | 41 Average
    1Y Return % 2.95 7.03
    4.60
    		-1.87 | 9.79 32 | 41 Average
    3Y Return % 13.31 15.05
    14.08
    		4.62 | 20.76 25 | 38 Average
    5Y Return % 7.13 12.45
    11.92
    		7.13 | 17.21 32 | 32 Poor
    7Y Return % 10.62 13.56
    13.00
    		8.75 | 20.86 26 | 30 Poor
    10Y Return % 11.87 14.30
    13.79
    		10.68 | 19.80 22 | 26 Poor
    15Y Return % 14.27 12.36
    12.97
    		10.94 | 14.95 4 | 19 Very Good
    1Y SIP Return % -13.24
    -12.11
    		-20.64 | -5.69 28 | 41 Average
    3Y SIP Return % 3.00
    3.66
    		-6.30 | 7.95 25 | 38 Average
    5Y SIP Return % 5.68
    8.69
    		3.93 | 14.35 29 | 32 Poor
    7Y SIP Return % 8.63
    12.38
    		7.33 | 18.44 29 | 30 Poor
    10Y SIP Return % 9.91
    12.56
    		8.91 | 18.37 24 | 26 Poor
    15Y SIP Return % 12.72
    13.29
    		11.16 | 18.06 12 | 20 Average
    Standard Deviation 12.33
    12.95
    		9.59 | 19.13 16 | 38 Good
    Semi Deviation 8.76
    9.50
    		6.93 | 14.90 13 | 38 Good
    Max Drawdown % -15.73
    -17.56
    		-28.24 | -9.56 12 | 38 Good
    VaR 1 Y % -14.28
    -16.62
    		-24.68 | -10.33 10 | 38 Very Good
    Average Drawdown % -3.94
    -5.73
    		-10.61 | -3.44 5 | 38 Very Good
    Sharpe Ratio 0.76
    0.80
    		0.06 | 1.35 24 | 38 Average
    Sterling Ratio 0.61
    0.61
    		0.18 | 0.94 18 | 38 Good
    Sortino Ratio 0.39
    0.40
    		0.06 | 0.76 19 | 38 Good
    Jensen Alpha % -1.03
    -1.00
    		-12.52 | 5.83 21 | 37 Average
    Treynor Ratio -0.47
    -0.43
    		-0.60 | -0.31 28 | 37 Average
    Modigliani Square Measure % 15.91
    16.41
    		6.57 | 23.81 24 | 37 Average
    Alpha % -3.77
    -1.29
    		-10.64 | 7.62 31 | 37 Poor
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -8.81 -8.21 -8.23 -10.19 | -5.66 27 | 42 Average
    3M Return % -9.65 -9.72 -9.81 -13.57 | -4.54 20 | 42 Good
    6M Return % -9.48 -7.62 -8.42 -14.61 | -4.21 30 | 42 Average
    1Y Return % 3.70 7.03 5.85 -0.71 | 11.15 33 | 42 Average
    3Y Return % 14.15 15.05 15.32 6.13 | 22.20 27 | 38 Average
    5Y Return % 7.96 12.45 13.18 7.96 | 18.83 32 | 32 Poor
    7Y Return % 11.51 13.56 14.25 9.65 | 22.65 25 | 30 Poor
    10Y Return % 12.86 14.30 14.90 11.78 | 21.12 22 | 27 Poor
    1Y SIP Return % -12.58 -11.02 -19.68 | -4.51 30 | 42 Average
    3Y SIP Return % 3.80 4.85 -4.87 | 9.05 27 | 38 Average
    5Y SIP Return % 6.50 9.96 5.76 | 15.15 31 | 32 Poor
    7Y SIP Return % 9.51 13.68 9.29 | 20.24 29 | 30 Poor
    10Y SIP Return % 10.84 13.69 9.84 | 19.97 25 | 27 Poor
    Standard Deviation 12.33 12.95 9.59 | 19.13 16 | 38 Good
    Semi Deviation 8.76 9.50 6.93 | 14.90 13 | 38 Good
    Max Drawdown % -15.73 -17.56 -28.24 | -9.56 12 | 38 Good
    VaR 1 Y % -14.28 -16.62 -24.68 | -10.33 10 | 38 Very Good
    Average Drawdown % -3.94 -5.73 -10.61 | -3.44 5 | 38 Very Good
    Sharpe Ratio 0.76 0.80 0.06 | 1.35 24 | 38 Average
    Sterling Ratio 0.61 0.61 0.18 | 0.94 18 | 38 Good
    Sortino Ratio 0.39 0.40 0.06 | 0.76 19 | 38 Good
    Jensen Alpha % -1.03 -1.00 -12.52 | 5.83 21 | 37 Average
    Treynor Ratio -0.47 -0.43 -0.60 | -0.31 28 | 37 Average
    Modigliani Square Measure % 15.91 16.41 6.57 | 23.81 24 | 37 Average
    Alpha % -3.77 -1.29 -10.64 | 7.62 31 | 37 Poor
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    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
    13-03-2026 87.8733 99.7111
    12-03-2026 89.8674 101.9718
    11-03-2026 90.7556 102.9776
    10-03-2026 92.3277 104.7593
    09-03-2026 91.1211 103.3882
    06-03-2026 92.9042 105.405
    05-03-2026 94.0737 106.7297
    04-03-2026 92.9853 105.4928
    02-03-2026 94.7787 107.5231
    27-02-2026 96.0286 108.9345
    26-02-2026 97.2294 110.2945
    25-02-2026 96.9094 109.9293
    24-02-2026 96.4166 109.3681
    23-02-2026 97.2322 110.291
    20-02-2026 96.5646 109.5273
    19-02-2026 96.1097 109.0091
    18-02-2026 97.541 110.6303
    17-02-2026 97.0583 110.0806
    16-02-2026 96.852 109.8444
    13-02-2026 96.4138 109.3409

    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.