Previously Known As : Axis Long Term Equity Fund
Axis Elss Tax Saver Fund Datagrid
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 27
Rating
Growth Option 05-12-2025
NAV ₹98.15(R) +0.27% ₹111.15(D) +0.27%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.81% 13.37% 11.8% 12.87% 12.66%
Direct 2.56% 14.22% 12.69% 13.78% 13.67%
Nifty 500 TRI 3.43% 15.37% 17.78% 16.09% 15.02%
SIP (XIRR) Regular 9.3% 12.95% 11.04% 12.61% 12.58%
Direct 10.1% 13.81% 11.88% 13.5% 13.52%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.58 0.29 0.53 -0.5% 0.08
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.85% -19.29% -15.73% 0.9 9.18%
Fund AUM As on: 30/06/2025 34979 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Whiteoak Capital Elss Tax Saver Fund 3
Baroda BNP Paribas ELSS Tax Saver Fund 4
DSP ELSS Tax Saver Fund 5
Mirae Asset ELSS Tax Saver Fund 6
ICICI Prudential ELSS Tax Saver Fund 7
JM ELSS Tax Saver Fund 8

NAV Date: 05-12-2025

Scheme Name NAV Rupee Change Percent Change
Axis ELSS Tax Saver Fund - Regular Plan - IDCW 26.23
0.0700
0.2700%
Axis ELSS Tax Saver Fund - Direct Plan - IDCW 56.14
0.1500
0.2700%
Axis ELSS Tax Saver Fund - Regular Plan - Growth 98.15
0.2600
0.2700%
Axis ELSS Tax Saver Fund - Direct Plan - Growth Option 111.15
0.3000
0.2700%

Review Date: 05-12-2025

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 -0.5% which is lower than the category average of 1.17%, reflecting poor performance. The fund has a Sharpe Ratio of 0.58 which is lower than the category average of 0.74.
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 0.64%, 2.2 and 3.34 in last one, three and six months respectively. In the same period the category average return was 1.1%, 3.4% and 3.8% respectively.
  • Axis ELSS Tax Saver Fund has given a return of 2.56% in last one year. In the same period the Nifty 500 TRI return was 3.43%. The fund has given 0.87% less return than the benchmark return.
  • The fund has given a return of 14.22% in last three years and rank 32nd out of 37 funds in the category. In the same period the Nifty 500 TRI return was 15.37%. The fund has given 1.15% less return than the benchmark return.
  • Axis ELSS Tax Saver Fund has given a return of 12.69% in last five years and category average returns is 18.71% in same period. The fund ranked 33rd out of 33 funds in the category. In the same period the Nifty 500 TRI return was 17.78%. The fund has given 5.09% less return than the benchmark return.
  • The fund has given a return of 13.67% in last ten years and ranked 21st out of 25 funds in the category. In the same period the Nifty 500 TRI return was 15.02%. The fund has given 1.35% less return than the benchmark return.
  • The fund has given a SIP return of 10.1% in last one year whereas category average SIP return is 11.67%. The fund one year return rank in the category is 28th in 41 funds
  • The fund has SIP return of 13.81% in last three years and ranks 28th in 37 funds. Whiteoak Capital Elss Tax Saver Fund has given the highest SIP return (20.59%) in the category in last three years.
  • The fund has SIP return of 11.88% in last five years whereas category average SIP return is 16.05%.

Axis ELSS Tax Saver Fund Risk Analysis

  • The fund has a standard deviation of 12.85 and semi deviation of 9.18. The category average standard deviation is 13.08 and semi deviation is 9.57.
  • The fund has a Value at Risk (VaR) of -19.29 and a maximum drawdown of -15.73. The category average VaR is -16.9 and the maximum drawdown is -17.36. 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 % 0.58 1.42
    1.00
    		-2.44 | 2.62 31 | 40 Poor
    3M Return % 2.01 4.55
    3.07
    		-2.84 | 6.47 29 | 40 Average
    6M Return % 2.97 4.55
    3.20
    		-6.91 | 6.77 24 | 40 Average
    1Y Return % 1.81 3.43
    0.20
    		-15.25 | 7.41 14 | 40 Good
    3Y Return % 13.37 15.37
    15.67
    		9.67 | 22.27 31 | 37 Poor
    5Y Return % 11.80 17.78
    17.38
    		11.38 | 23.40 32 | 33 Poor
    7Y Return % 12.87 16.09
    15.58
    		10.88 | 22.99 27 | 30 Poor
    10Y Return % 12.66 15.02
    14.27
    		11.41 | 20.24 20 | 24 Poor
    15Y Return % 14.55 12.41
    12.89
    		10.95 | 14.72 2 | 20 Very Good
    1Y SIP Return % 9.30
    10.35
    		-2.93 | 17.12 26 | 40 Average
    3Y SIP Return % 12.95
    14.30
    		7.52 | 19.08 26 | 37 Average
    5Y SIP Return % 11.04
    14.76
    		9.31 | 20.45 32 | 33 Poor
    7Y SIP Return % 12.61
    16.67
    		12.61 | 22.57 30 | 30 Poor
    10Y SIP Return % 12.58
    15.33
    		11.59 | 20.93 23 | 24 Poor
    15Y SIP Return % 14.58
    14.97
    		12.80 | 19.49 14 | 21 Average
    Standard Deviation 12.85
    13.08
    		9.41 | 18.99 19 | 37 Good
    Semi Deviation 9.18
    9.57
    		6.81 | 14.83 15 | 37 Good
    Max Drawdown % -15.73
    -17.36
    		-25.67 | -9.56 11 | 37 Good
    VaR 1 Y % -19.29
    -16.90
    		-24.68 | -10.74 30 | 37 Average
    Average Drawdown % -5.24
    -7.11
    		-10.83 | -3.90 7 | 37 Very Good
    Sharpe Ratio 0.58
    0.74
    		0.27 | 1.22 30 | 37 Average
    Sterling Ratio 0.53
    0.59
    		0.30 | 0.88 25 | 37 Average
    Sortino Ratio 0.29
    0.37
    		0.13 | 0.65 30 | 37 Average
    Jensen Alpha % -0.50
    1.17
    		-6.06 | 7.11 29 | 37 Average
    Treynor Ratio 0.08
    0.10
    		0.04 | 0.16 30 | 37 Average
    Modigliani Square Measure % 13.82
    16.05
    		8.64 | 23.27 30 | 37 Average
    Alpha % -3.39
    0.48
    		-5.26 | 8.75 35 | 37 Poor
    Return data last Updated On : Dec. 5, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.64 1.42 1.10 -2.35 | 2.68 32 | 41 Average
    3M Return % 2.20 4.55 3.40 -2.51 | 6.83 30 | 41 Average
    6M Return % 3.34 4.55 3.80 -6.31 | 7.39 27 | 41 Average
    1Y Return % 2.56 3.43 1.39 -14.10 | 8.08 19 | 41 Good
    3Y Return % 14.22 15.37 16.93 11.50 | 23.09 32 | 37 Poor
    5Y Return % 12.69 17.78 18.71 12.69 | 25.20 33 | 33 Poor
    7Y Return % 13.78 16.09 16.83 11.83 | 24.79 29 | 30 Poor
    10Y Return % 13.67 15.02 15.33 12.36 | 21.55 21 | 25 Average
    1Y SIP Return % 10.10 11.67 -1.64 | 18.24 28 | 41 Average
    3Y SIP Return % 13.81 15.58 9.33 | 20.59 28 | 37 Average
    5Y SIP Return % 11.88 16.05 11.19 | 21.25 32 | 33 Poor
    7Y SIP Return % 13.50 17.94 13.50 | 24.41 30 | 30 Poor
    10Y SIP Return % 13.52 16.38 12.52 | 22.51 23 | 25 Poor
    Standard Deviation 12.85 13.08 9.41 | 18.99 19 | 37 Good
    Semi Deviation 9.18 9.57 6.81 | 14.83 15 | 37 Good
    Max Drawdown % -15.73 -17.36 -25.67 | -9.56 11 | 37 Good
    VaR 1 Y % -19.29 -16.90 -24.68 | -10.74 30 | 37 Average
    Average Drawdown % -5.24 -7.11 -10.83 | -3.90 7 | 37 Very Good
    Sharpe Ratio 0.58 0.74 0.27 | 1.22 30 | 37 Average
    Sterling Ratio 0.53 0.59 0.30 | 0.88 25 | 37 Average
    Sortino Ratio 0.29 0.37 0.13 | 0.65 30 | 37 Average
    Jensen Alpha % -0.50 1.17 -6.06 | 7.11 29 | 37 Average
    Treynor Ratio 0.08 0.10 0.04 | 0.16 30 | 37 Average
    Modigliani Square Measure % 13.82 16.05 8.64 | 23.27 30 | 37 Average
    Alpha % -3.39 0.48 -5.26 | 8.75 35 | 37 Poor
    Return data last Updated On : Dec. 5, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 28, 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
    05-12-2025 98.1452 111.1487
    04-12-2025 97.8821 110.8486
    03-12-2025 97.8247 110.7813
    02-12-2025 98.2561 111.2677
    01-12-2025 98.5838 111.6365
    28-11-2025 98.7656 111.8357
    27-11-2025 98.7461 111.8115
    26-11-2025 98.7693 111.8355
    25-11-2025 97.6454 110.5608
    24-11-2025 97.7359 110.661
    21-11-2025 98.2105 111.1918
    20-11-2025 98.9965 112.0795
    19-11-2025 98.6649 111.7018
    18-11-2025 98.2032 111.1769
    17-11-2025 98.7496 111.7933
    14-11-2025 98.2343 111.2034
    13-11-2025 98.4299 111.4226
    12-11-2025 98.5698 111.5788
    11-11-2025 98.2037 111.1622
    10-11-2025 98.0425 110.9776
    07-11-2025 97.5761 110.4431
    06-11-2025 97.5762 110.4409

    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.