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 17-04-2026
NAV ₹93.33(R) +0.82% ₹105.98(D) +0.82%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.51% 14.02% 9.39% 11.11% 12.05%
Direct 2.25% 14.87% 10.24% 12.0% 13.04%
Nifty 500 TRI 6.49% 16.45% 14.77% 14.08% 14.42%
SIP (XIRR) Regular -4.65% 5.84% 7.68% 10.04% 10.83%
Direct -3.95% 6.65% 8.51% 10.92% 11.76%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.37 0.18 0.44 -1.18% -0.48
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
14.2% -22.13% -15.73% 0.91 10.83%
Fund AUM As on: 30/12/2025 34890 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
SBI ELSS Tax Saver Fund 2
Baroda BNP Paribas ELSS Tax Saver Fund 3
Nippon India ELSS Tax Saver Fund 4
HDFC ELSS Tax Saver 5
HSBC Elss Tax Saver Fund 6
Edelweiss ELSS Tax saver Fund 7
DSP ELSS Tax Saver Fund 8

NAV Date: 17-04-2026

Scheme Name NAV Rupee Change Percent Change
Axis ELSS Tax Saver Fund - Regular Plan - IDCW 22.85
0.1900
0.8200%
Axis ELSS Tax Saver Fund - Direct Plan - IDCW 49.04
0.4000
0.8200%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 93.33
0.7600
0.8200%
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option 105.98
0.8700
0.8200%

Review Date: 17-04-2026

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 -1.18% which is lower than the category average of -0.6%, reflecting poor performance. The fund has a Sharpe Ratio of 0.37 which is lower than the category average of 0.41.
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 4.67%, -2.2 and -5.16 in last one, three and six months respectively. In the same period the category average return was 5.65%, -1.73% and -3.34% respectively.
  • Axis ELSS Tax Saver Fund has given a return of 2.25% in last one year. In the same period the Nifty 500 TRI return was 6.49%. The fund has given 4.24% less return than the benchmark return.
  • The fund has given a return of 14.87% in last three years and rank 29th out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 16.45%. The fund has given 1.58% less return than the benchmark return.
  • Axis ELSS Tax Saver Fund has given a return of 10.24% in last five years and category average returns is 15.54% in same period. The fund ranked 31st out of thirty one funds in the category. In the same period the Nifty 500 TRI return was 14.77%. The fund has given 4.53% less return than the benchmark return.
  • The fund has given a return of 13.04% in last ten years and ranked 22nd out of twenty six funds in the category. In the same period the Nifty 500 TRI return was 14.42%. The fund has given 1.38% less return than the benchmark return.
  • The fund has given a SIP return of -3.95% in last one year whereas category average SIP return is -1.47%. The fund one year return rank in the category is 27th in 41 funds
  • The fund has SIP return of 6.65% in last three years and ranks 26th in 38 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (15.9%) in the category in last three years.
  • The fund has SIP return of 8.51% in last five years whereas category average SIP return is 12.15%.

Axis ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 14.2 and semi deviation of 10.83. The category average standard deviation is 14.7 and semi deviation is 11.3.
  • The fund has a Value at Risk (VaR) of -22.13 and a maximum drawdown of -15.73. The category average VaR is -22.52 and the maximum drawdown is -18.15. 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 % 4.61 5.56
    5.54
    		3.18 | 10.99 29 | 40 Average
    3M Return % -2.37 -2.04
    -2.00
    		-5.31 | 6.87 19 | 40 Good
    6M Return % -5.50 -2.83
    -3.91
    		-9.00 | 2.24 28 | 40 Average
    1Y Return % 1.51 6.49
    4.41
    		-1.83 | 15.01 32 | 40 Poor
    3Y Return % 14.02 16.45
    15.73
    		6.73 | 24.84 28 | 38 Average
    5Y Return % 9.39 14.77
    14.29
    		9.39 | 19.58 31 | 31 Poor
    7Y Return % 11.11 14.08
    13.70
    		9.45 | 21.84 26 | 29 Poor
    10Y Return % 12.05 14.42
    13.97
    		10.88 | 19.84 22 | 25 Poor
    15Y Return % 14.41 12.51
    13.09
    		11.10 | 14.99 4 | 19 Very Good
    1Y SIP Return % -4.65
    -2.62
    		-8.57 | 8.33 25 | 40 Average
    3Y SIP Return % 5.84
    6.91
    		-2.42 | 14.49 25 | 38 Average
    5Y SIP Return % 7.68
    10.91
    		5.92 | 17.98 29 | 31 Poor
    7Y SIP Return % 10.04
    14.05
    		8.79 | 20.48 28 | 29 Poor
    10Y SIP Return % 10.83
    13.75
    		10.17 | 19.73 24 | 25 Poor
    15Y SIP Return % 13.42
    14.04
    		11.82 | 19.14 13 | 20 Average
    Standard Deviation 14.20
    14.70
    		11.10 | 19.53 17 | 39 Good
    Semi Deviation 10.83
    11.30
    		8.53 | 15.18 15 | 39 Good
    Max Drawdown % -15.73
    -18.15
    		-28.24 | -14.41 8 | 39 Very Good
    VaR 1 Y % -22.13
    -22.52
    		-38.55 | -15.29 24 | 39 Average
    Average Drawdown % -4.32
    -8.08
    		-11.51 | -4.32 1 | 39 Very Good
    Sharpe Ratio 0.37
    0.41
    		-0.11 | 0.81 25 | 39 Average
    Sterling Ratio 0.44
    0.44
    		0.09 | 0.73 18 | 39 Good
    Sortino Ratio 0.18
    0.20
    		-0.01 | 0.37 24 | 39 Average
    Jensen Alpha % -1.18
    -0.60
    		-10.13 | 5.94 25 | 38 Average
    Treynor Ratio -0.48
    -0.46
    		-0.61 | -0.38 27 | 38 Average
    Modigliani Square Measure % 11.58
    12.28
    		4.00 | 18.31 25 | 38 Average
    Alpha % -3.12
    -0.75
    		-9.24 | 7.04 30 | 38 Average
    Return data last Updated On : April 17, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 4.67 5.56 5.65 3.25 | 11.10 30 | 41 Average
    3M Return % -2.20 -2.04 -1.73 -5.03 | 7.17 20 | 41 Good
    6M Return % -5.16 -2.83 -3.34 -8.49 | 2.87 32 | 41 Average
    1Y Return % 2.25 6.49 5.65 -0.67 | 16.37 34 | 41 Poor
    3Y Return % 14.87 16.45 16.95 8.26 | 26.33 29 | 38 Average
    5Y Return % 10.24 14.77 15.54 10.24 | 21.03 31 | 31 Poor
    7Y Return % 12.00 14.08 14.93 10.36 | 23.64 25 | 29 Poor
    10Y Return % 13.04 14.42 15.03 11.87 | 21.17 22 | 26 Poor
    1Y SIP Return % -3.95 -1.47 -7.54 | 9.59 27 | 41 Average
    3Y SIP Return % 6.65 8.08 -1.02 | 15.90 26 | 38 Average
    5Y SIP Return % 8.51 12.15 7.76 | 19.42 30 | 31 Poor
    7Y SIP Return % 10.92 15.32 10.74 | 22.27 28 | 29 Poor
    10Y SIP Return % 11.76 14.82 11.09 | 21.32 24 | 26 Poor
    Standard Deviation 14.20 14.70 11.10 | 19.53 17 | 39 Good
    Semi Deviation 10.83 11.30 8.53 | 15.18 15 | 39 Good
    Max Drawdown % -15.73 -18.15 -28.24 | -14.41 8 | 39 Very Good
    VaR 1 Y % -22.13 -22.52 -38.55 | -15.29 24 | 39 Average
    Average Drawdown % -4.32 -8.08 -11.51 | -4.32 1 | 39 Very Good
    Sharpe Ratio 0.37 0.41 -0.11 | 0.81 25 | 39 Average
    Sterling Ratio 0.44 0.44 0.09 | 0.73 18 | 39 Good
    Sortino Ratio 0.18 0.20 -0.01 | 0.37 24 | 39 Average
    Jensen Alpha % -1.18 -0.60 -10.13 | 5.94 25 | 38 Average
    Treynor Ratio -0.48 -0.46 -0.61 | -0.38 27 | 38 Average
    Modigliani Square Measure % 11.58 12.28 4.00 | 18.31 25 | 38 Average
    Alpha % -3.12 -0.75 -9.24 | 7.04 30 | 38 Average
    Return data last Updated On : April 17, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 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
    17-04-2026 93.3343 105.9826
    16-04-2026 92.5739 105.117
    15-04-2026 92.4074 104.9259
    13-04-2026 90.9178 103.2303
    10-04-2026 91.7201 104.1348
    09-04-2026 90.3255 102.5494
    08-04-2026 90.9738 103.2833
    07-04-2026 87.5442 99.3876
    06-04-2026 87.0296 98.8014
    02-04-2026 85.9079 97.52
    01-04-2026 86.0844 97.7184
    30-03-2026 84.8179 96.2768
    27-03-2026 86.9349 98.6739
    25-03-2026 88.7516 100.7319
    24-03-2026 86.9276 98.6597
    23-03-2026 85.2141 96.713
    20-03-2026 87.7756 99.6142
    19-03-2026 87.3768 99.1597
    18-03-2026 90.2861 102.4592
    17-03-2026 89.222 101.2496

    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.