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 12-06-2026
NAV ₹92.55(R) +2.26% ₹105.21(D) +2.27%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -2.9% 9.95% 6.92% 10.59% 11.64%
Direct -2.19% 10.76% 7.75% 11.46% 12.62%
Nifty 500 TRI -1.03% 13.41% 11.87% 13.94% 14.02%
SIP (XIRR) Regular -4.93% 4.08% 6.91% 9.31% 10.32%
Direct -4.24% 4.87% 7.73% 10.18% 11.24%
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: 12-06-2026

Scheme Name NAV Rupee Change Percent Change
Axis ELSS Tax Saver Fund - Regular Plan - IDCW 22.66
0.5000
2.2600%
Axis ELSS Tax Saver Fund - Direct Plan - IDCW 48.68
1.0800
2.2700%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 92.55
2.0500
2.2600%
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option 105.21
2.3300
2.2700%

Review Date: 12-06-2026

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 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 1.81%, 3.18 and -4.8 in last one, three and six months respectively. In the same period the category average return was 1.47%, 3.63% and -4.38% respectively.
  • Axis ELSS Tax Saver Fund has given a return of -2.19% in last one year. In the same period the Nifty 500 TRI return was -1.03%. The fund has given 1.16% less return than the benchmark return.
  • The fund has given a return of 10.76% in last three years and rank 32nd out of thirty eight funds in the category. In the same period the Nifty 500 TRI return was 13.41%. The fund has given 2.65% less return than the benchmark return.
  • Axis ELSS Tax Saver Fund has given a return of 7.75% in last five years and category average returns is 12.69% 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 11.87%. The fund has given 4.12% less return than the benchmark return.
  • The fund has given a return of 12.62% 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 14.02%. The fund has given 1.4% less return than the benchmark return.
  • The fund has given a SIP return of -4.24% in last one year whereas category average SIP return is -3.01%. The fund one year return rank in the category is 24th in 41 funds
  • The fund has SIP return of 4.87% in last three years and ranks 22nd in 38 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (15.06%) in the category in last three years.
  • The fund has SIP return of 7.73% in last five years whereas category average SIP return is 10.88%.

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 % 1.75 1.51
    1.37
    		-0.11 | 3.79 14 | 40 Good
    3M Return % 2.99 3.42
    3.34
    		-1.52 | 13.68 18 | 40 Good
    6M Return % -5.15 -4.42
    -4.93
    		-9.59 | 7.70 20 | 40 Good
    1Y Return % -2.90 -1.03
    -2.55
    		-9.16 | 8.16 23 | 40 Average
    3Y Return % 9.95 13.41
    12.61
    		5.29 | 22.32 28 | 38 Average
    5Y Return % 6.92 11.87
    11.47
    		6.92 | 17.41 31 | 31 Poor
    7Y Return % 10.59 13.94
    13.45
    		9.41 | 22.57 25 | 29 Poor
    10Y Return % 11.64 14.02
    13.57
    		10.53 | 19.35 22 | 25 Poor
    15Y Return % 14.27 12.68
    13.16
    		11.17 | 15.28 4 | 19 Very Good
    1Y SIP Return % -4.93
    -4.12
    		-12.69 | 12.39 21 | 40 Average
    3Y SIP Return % 4.08
    4.73
    		-2.09 | 13.68 22 | 38 Average
    5Y SIP Return % 6.91
    9.65
    		4.95 | 17.82 25 | 31 Poor
    7Y SIP Return % 9.31
    13.14
    		8.01 | 20.53 27 | 29 Poor
    10Y SIP Return % 10.32
    13.18
    		9.64 | 19.90 23 | 25 Poor
    15Y SIP Return % 13.04
    13.70
    		11.12 | 19.35 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 : June 12, 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 % 1.81 1.51 1.47 -0.06 | 3.88 15 | 41 Good
    3M Return % 3.18 3.42 3.63 -1.25 | 14.01 21 | 41 Good
    6M Return % -4.80 -4.42 -4.38 -9.08 | 8.33 22 | 41 Good
    1Y Return % -2.19 -1.03 -1.43 -8.16 | 9.27 24 | 41 Average
    3Y Return % 10.76 13.41 13.80 6.77 | 23.78 32 | 38 Poor
    5Y Return % 7.75 11.87 12.69 7.75 | 18.84 31 | 31 Poor
    7Y Return % 11.46 13.94 14.68 10.59 | 24.40 26 | 29 Poor
    10Y Return % 12.62 14.02 14.62 11.20 | 20.70 22 | 26 Poor
    1Y SIP Return % -4.24 -3.01 -11.72 | 13.51 24 | 41 Average
    3Y SIP Return % 4.87 5.87 -0.73 | 15.06 22 | 38 Average
    5Y SIP Return % 7.73 10.88 6.77 | 19.26 29 | 31 Poor
    7Y SIP Return % 10.18 14.41 9.96 | 22.29 28 | 29 Poor
    10Y SIP Return % 11.24 14.24 10.47 | 21.50 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 : June 12, 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
    12-06-2026 92.5544 105.2124
    11-06-2026 90.5051 102.8808
    10-06-2026 90.7764 103.1873
    09-06-2026 91.0761 103.5259
    08-06-2026 90.1616 102.4845
    05-06-2026 91.3331 103.8102
    04-06-2026 91.187 103.6421
    03-06-2026 91.0469 103.4809
    02-06-2026 91.1498 103.5959
    01-06-2026 90.7106 103.0948
    29-05-2026 91.7876 104.3129
    27-05-2026 93.2138 105.9296
    26-05-2026 92.8476 105.5115
    25-05-2026 93.2104 105.9217
    22-05-2026 92.2029 104.7708
    21-05-2026 91.9588 104.4915
    20-05-2026 92.0602 104.6046
    19-05-2026 91.7733 104.2767
    18-05-2026 91.6685 104.1556
    15-05-2026 91.7936 104.2918
    14-05-2026 92.0254 104.5531
    13-05-2026 91.0087 103.396
    12-05-2026 90.9598 103.3384

    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.