Axis ELSS Tax Saver Fund - Regular Plan - Growth
AUM:
₹ 3,417.93 Cr
Expense Ratio
1.53%
Benchmark
NIFTY 500 TRI
ISIN
INF846K01131
Minimum Investment
500.0
Minimum Topup
500.0
Minimum SIP Amount
1000
Exit Load
NIL. Investment in Axis ELSS Tax Saver Fund is eligible for availing tax benefit under section 80C of Income Tax ACT 1961 read with circular no. - 9/2005 dated 30 Nov`05 issued by Ministry Of Finance, subject to the limits conditions specified under section 80C. An Open-Ended Equity Linked Savings Scheme With A Statutory Lock In Of 3 Years And Tax Benefit. The name of Axis Long Term Equity Fund has been changed to Axis ELSS Tax Saver Fund, effective from December 08, 2023.
Asset Class
Equity
Status
Open Ended Schemes
Fund Manager
Shreyash Devalkar, Ashish Naik
91.7806
-1.19 (-1.2917%)
Overview
Investment Objective
The scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. The Scheme Will invest in companies with strong growth & a sustainable business model.
Asset Allocation
Equity
95.44%
Debt
0.00%
Others
4.56%
Indicators
| Volatility | 15.43 |
| Sharp Ratio | 0.37 |
| Alpha | -3.67 |
| Beta | 1.0 |
| Yield to Maturity | - |
| Average Maturity | - |
-
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
-
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) | Since Launch (%) |
|---|---|---|---|---|
| Axis ELSS Tax Saver Fund - Regular Plan - Growth | 7.96 | 13.58 | 17.99 | 15.52 |
| NIFTY 500 TRI | 6.52 | 16.68 | 24.9 | 12.38 |
Riskometer
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 31.0 |
| Healthcare | 9.97 |
| Consumer Services | 7.81 |
| Information Technology | 7.16 |
| Automobile and Auto Components | 7.15 |
| Capital Goods | 4.93 |
| Chemicals | 4.82 |
| N/A | 4.56 |
| Telecommunication | 4.18 |
| Power | 3.49 |
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 8.37 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 5.44 |
| BAJAJ FINANCE LIMITED EQ NEW FV RS. 2/- | 4.76 |
| Clearing Corporation of India Ltd | 4.63 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 4.18 |
| TORRENT POWER LIMITED EQ NEW FV RS.10/- | 3.49 |
| TATA CONSULTANCY SERVICES LIMITED EQ NEW FV RE.1/- | 3.45 |
| INFOSYS LIMITED EQ FV RS 5 | 2.84 |
| DIVIS LABORATORIES LIMITED EQ NEW RS. 2/- | 2.41 |
| MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5 | 2.32 |
Peer Comparison
| Scheme Name | Inception Date | 1Yr Rtn (%) | 3Yrs Rtn (%) | 5Yrs Rtn (%) | 10Yrs Rtn(%) |
|---|---|---|---|---|---|
| Axis ELSS Tax Saver Reg Gr | 05-12-2009 | 7.96 | 13.58 | 17.99 | 11.9 |
| HDFC ELSS Tax saver Gr | 05-03-1996 | 13.61 | 23.75 | 28.8 | 13.44 |
| DSP ELSS Tax Saver Reg Gr | 05-01-2007 | 13.42 | 20.54 | 27.28 | 15.9 |
| HSBC Tax Saver Equity Gr | 05-01-2007 | 13.3 | 19.25 | 24.8 | 13.11 |
| WhiteOak Capital ELSS Tax Saver Fund Reg Gr | 14-10-2022 | 13.09 | 0.0 | 0.0 | 0.0 |
| Parag Parikh ELSS Tax Saver Reg Gr | 07-07-2019 | 12.44 | 19.04 | 27.8 | 0.0 |
| LIC MF ELSS Tax Saver Reg Gr | 31-03-1997 | 11.08 | 16.8 | 21.0 | 11.42 |
| PGIM India ELSS Tax Saver Reg Gr | 11-12-2015 | 10.13 | 13.83 | 23.62 | 0.0 |
| ICICI Prudential ELSS Tax Saver Fund Gr | 19-08-1999 | 9.9 | 17.04 | 24.46 | 12.9 |
| Franklin India ELSS Tax Saver Gr | 05-04-1999 | 9.65 | 20.72 | 28.1 | 13.31 |