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Business News/Market/Market Stats/    Axis ELSS Tax Saver Fund Growth

Axis ELSS Tax Saver Fund Growth

+
  • Equity
  • ELSS (Tax Savings)
  • Rating 2
  • Plan
91.30 +0.11 (0.12%) NAV as on 07 Feb, 2025
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • MAX

Key Metrics

  • AUM (in Cr)35953.73
  • CAGR 14.64%
  • Exit Load0.00%
  • Expense ratio1.52%
  • CategoryEquity
  • Min Investment500
  • Min SIP500
  • Launch Date2009-12-29

Morning Star Rating 2

Medium
Risk
High
Return

Asset Allocation

Holdings As On - 10 February 2025

  • Name
  • Value (Cr)
  • Holding %
  • Clearing Corporation Of India Ltd
  • 1727.40
  • 4.80%
View More

Risk & Volitility

  • Alpha 2.48%
  • Beta 0.92
  • Sharpe Ratio0.18
  • Std Deviation 15.69%
  • Tracking Error 7.25%

About Fund

To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

 

The Axis ELSS Tax Saver Fund Growth has an AUM of 35953.73 crores & has delivered CAGR of 12.11% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.52%. The minimum investment in Axis ELSS Tax Saver Fund Growth is Rs 500 and the minimum SIP is Rs 500.

 

As per morningstar the risk & return rating of the fund are Medium & High respectively.

 

The top holdings of the fund include HDFC Bank, Clearing Corporation Of India Ltd, ICICI Bank & Bajaj Finance.

 

The major sectors where the fund is invested are Regional Banks, Software & Programming, Biotechnology & Drugs & Consumer Financial Services.

 

Some of the similar funds are SBI Long Term Equity Fund Regular Growth, DSP ELSS Tax Saver Fund Regular Plan Growth, Mirae Asset ELSS Tax Saver Fund -Regular Plan-Growth, Axis ELSS Tax Saver Fund Growth, HDFC ELSS TaxSaver Growth. Axis ELSS Tax Saver Fund Growth has a sharpe ratio of 0.18 & a standard deviation of 15.69%.

FAQs about Axis ELSS Tax Saver Fund Growth

According to the morning star rating Axis ELSS Tax Saver Fund Growth has a Medium risk & High return.
Axis ELSS Tax Saver Fund Growth is managed by Shreyash Devalkar,Ashish Naik.
The expense ratio of Axis ELSS Tax Saver Fund Growth is 1.52%.
The 5 year annualized return on Axis ELSS Tax Saver Fund Growth is 12.11% & it has generated 14.64% in the last 1 year.
The minimum investment in Axis ELSS Tax Saver Fund Growth is 500 Rs.
Axis ELSS Tax Saver Fund Growth has an AUM of 35953.73 crores.
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