Axis ELSS Tax Saver Fund - Regular Plan - IDCW
Fund House: Axis Mutual Fund| Category: Equity: ELSS |
| Launch Date: 29-12-2009 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| TER: 1.52% As on (30-12-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 35,943.52 Cr As on 31-12-2024(Source:AMFI) |
| Turn over: 39% | 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. |
24.1659
-2.01 (-8.3096%)
14.54%
Benchmark: 12.49%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 500 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
4 Years 8 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 15.43 |
| Sharpe Ratio | 0.34 |
| Alpha | -7.66 |
| Beta | 1.06 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Axis ELSS Tax Saver Fund - Regular Plan - IDCW | 29-12-2009 | 4.91 | 14.48 | 3.11 | 9.6 | 9.36 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 32.1 | 37.63 | 22.57 | 21.76 | - |
| HSBC Tax Saver Equity Fund - Growth | 05-01-2007 | 24.65 | 27.1 | 15.57 | 18.41 | 12.6 |
| HSBC ELSS Tax saver Fund - Regular Growth | 01-01-2013 | 24.19 | 28.01 | 15.72 | 17.77 | 13.04 |
| WhiteOak Capital ELSS Tax Saver Fund Regular Plan Growth | 14-10-2022 | 22.66 | 28.42 | - | - | - |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 21.13 | 31.98 | 22.22 | 23.02 | 13.98 |
| LIC MF ELSS Tax Saver-Regular Plan-Growth | 31-03-1997 | 20.11 | 22.97 | 13.45 | 15.05 | 10.97 |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 20.07 | 27.94 | 16.58 | 20.03 | 14.85 |
| DSP ELSS Tax Saver Fund - Regular Plan - Growth | 05-01-2007 | 19.43 | 25.0 | 16.45 | 20.12 | 15.05 |
| Invesco India ELSS Tax Saver Fund - Growth | 29-12-2006 | 18.71 | 26.39 | 12.41 | 17.61 | 13.51 |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
3.39%
Others
4.72%
Large Cap
69.37%
Mid Cap
22.51%
Scheme Documents
There are no scheme documents available
