Axis ELSS - Tax Saver

All Cap

Equity

India Tax Saver

Others

Tax Saver

Emotionally driven

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Axis Elss Tax Saver Fund Growth invests mainly in stocks for long-term wealth growth.

What This Strategy Does

Axis ELSS Tax Saver Fd Gr is an equity fund which captures India's broad-based earnings growth through a quality-focused, growth-oriented approach, deploying capital across financials, industrials, and consumer sectors to achieve benchmark-aligned compounding.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

-0.0% AnnuallyAlpha

+9.4% vs +9.2% benchmarkSince Inception

+9.1% vs +6.1% benchmark3Y Annualized

+3.6% vs +4.5% benchmark5Y Annualized

Axis ELSS - Tax Saver

Benchmark Index

Benchmark Performance Comparison

Axis Elss Tax Saver Fund

NIFTY 50

Given the product’s limited performance history, the assessment considers the fund house’s track record and the historical performance of comparable strategies managed by the same fund house, which follow similar investment approaches. Such comparisons provide historical context only and do not represent the performance of the new product or indicate its future returns.

Risk Profile

Standard Deviation17.2%

Maximum Drawdown-15.7% | Oct 2024

Sharpe Ratio0.03

Beta0.97

Upside Capture95%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Provides tax-efficient wealth creation through exposure to India's high-growth companies. This fund invests in stocks across market caps, with a focus on quality businesses demonstrating sustainable earnings momentum. The impact is long-term compounding with the added benefit of tax savings under Section 80C. Suitable for investors seeking tax-efficient equity exposure with a multi-year horizon.

Portfolio Holdings Overview

SectoralAllocation

Capital Goods21.85%

Utilities0.77%

Consumers22.64%

Energy & Infra2.67%

Technology6.7%

Financial Services31.2%

Services14.17%

Geographic Allocation

Domestic100%

Top Stock Holdings

CompanySectorAllocation

ICICI Bank LtdFinancial Services7.02%

HDFC Bank LtdFinancial Services5.55%

Bharti Airtel LtdServices4.26%

Bajaj Finance LtdFinancial Services3.42%

Eternal LtdConsumers3.24%

Larsen & Toubro LtdCapital Goods2.90%

Divi's Laboratories LtdServices2.71%

Axis Bank LtdFinancial Services2.63%

Pidilite Industries LtdCapital Goods2.62%

Mahindra & Mahindra LtdConsumers2.57%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Shreyash Devalkar

Lead Portfolio Manager

Mr. Shreyash Devalkar has experience of 19 years. Manages 36 funds at Axis Asset Management Company Limited with an AUM of approximately ₹1,15,152 Cr Holds a MMS degree.

Ashish Naik

Co-Portfolio Manager

Mr. Ashish Naik has experience of 24 years. Manages 24 funds at Axis Asset Management Company Limited with an AUM of approximately ₹36,138 Cr Holds a PGDBM degree.

CW Expert Take

Axis operates with entrepreneurial agility despite institutional backing. Their investment philosophy emphasizes quality compounding in equities and prudent credit selection in debt. The fund house has built focused expertise rather than chasing asset gathering, resulting in concentrated portfolios with high-conviction ideas.

43 years

Combined Team Experience

₹ 1,51,291 Cr

Assets Under Management

Firm Overview

AMCAxis Asset Management Company Limited

Total AUM₹3,61,984.16 Cr

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)1.75%

Regulatory & Tax Information

INF846K01131

ISIN

DailyDealing Frequency

BSE 500 India TR INRBenchmark

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)