AXIS ELSS Tax Saver Fund – Direct (IDCW)

Equity · ELSS
 · ★★★★★
500
Min SIP
500
Min Lumpsum
0.8 %
Expense Ratio
★★★★★
Rating
33,526
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 01 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 31.8% 10.9% 15.1% 17.4%
Category Average 41.3% 19% 18.6% -

Scheme Allocation

By Holding
By Sector
By Asset
TCS
7.06%
5.13%
Others
69.85%
View all Holdings
Holdings Sector Instrument Asset
TCS IT - Software Equity 7.06%
Bajaj Finance Finance Equity 6.33%
Torrent Power Power Generation & Distribution Equity 6.08%
Avenue Super. Retail Equity 5.55%
Nestle India FMCG Equity 5.13%
Info Edg.(India) E-Commerce/App based Aggregator Equity 4.76%
HDFC Bank Banks Equity 4.5%
Divi's Lab. Pharmaceuticals Equity 3.96%
Pidilite Inds. Chemicals Equity 3.86%
Cholaman.Inv.&Fn Finance Equity 3.75%
Bajaj Finserv Finance Equity 2.95%
P I Industries Agro Chemicals Equity 2.93%
Tata Motors Automobile Equity 2.78%
Shree Cement Cement Equity 2.73%
Apollo Hospitals Healthcare Equity 2.7%
Sundaram Finance Finance Equity 2.33%
Zomato Ltd E-Commerce/App based Aggregator Equity 2.17%
Astral Plastic products Equity 2.1%
Kotak Mah. Bank Banks Equity 2%
M & M Automobile Equity 2%
Tube Investments Auto Ancillaries Equity 1.83%
Indian Hotels Co Hotels & Restaurants Equity 1.7%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 1.65%
Sona BLW Precis. Auto Ancillaries Equity 1.54%
Bharti Airtel Telecomm-Service Equity 1.47%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.43%
Sun Pharma.Inds. Pharmaceuticals Equity 1.3%
Persistent Sys IT - Software Equity 1.25%
Mankind Pharma Pharmaceuticals Equity 1.17%
Tata Elxsi IT - Software Equity 1.1%
Reliance Industr Refineries Equity 1.06%
Coforge IT - Software Equity 0.92%
Bajaj Auto Automobile Equity 0.74%
Navin Fluo.Intl. Chemicals Equity 0.61%
Titan Company Diamond, Gems and Jewellery Equity 0.61%
Coal India Mining & Mineral products Equity 0.54%
Hindalco Inds. Non Ferrous Metals Equity 0.41%
Clean Science Chemicals Equity 0.39%
ICICI Bank Banks Equity 0.37%
MAS FINANC SER Finance Equity 0.35%
Schaeffler India Bearings Equity 0.34%
Jio Financial Finance Equity 0.31%
Timken India Bearings Equity 0.24%
ICICI Pru Life Insurance Equity 0.23%
Symphony Consumer Durables Equity 0.2%
Global Health Healthcare Equity 0.14%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.12%
TTK Healthcare Diversified Equity 0.08%
Vijaya Diagnost. Healthcare Equity 0.06%
Finance
16.02%
Retailing
12.48%
IT-Software
10.33%
Banks
6.87%
Pharmaceuticals & Biotech
6.43%
Others
47.87%
View all Sectors
Sectors Asset
Finance 16.02%
Retailing 12.48%
IT-Software 10.33%
Banks 6.87%
Pharmaceuticals & Biotech 6.43%
Power 6.08%
Automobiles 5.52%
Food Products 5.13%
Chemicals & Petrochemical 4.86%
Auto Components 3.71%
Fertilisers & Agrochemica 2.93%
Healthcare Services 2.9%
Cement & Cement Products 2.73%
Industrial Products 2.46%
Leisure Services 1.7%
Electrical Equipments 1.65%
Telecom-Services 1.47%
Construction 1.43%
Cash & Others 1.36%
Petroleum Products 1.06%
Consumer Durables 0.81%
Debt 0.78%
Consumable Fuels 0.54%
Non-Ferrous Metals 0.41%
Insurance 0.23%
Diversified 0.08%
Equity
97.83%
Net Curr Ass/Net Receivables
1.36%
Reverse Repos
0.78%
Others
0.03%

Advance Ratio

-8.13
Alpha
4.57
SD
1.05
Beta
0.41
Sharpe

Exit Load

Exit Load Nil

Fund Objective

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.

Fund Managers

Shreyash Devalkar - Funds and Content Listing - Senior Fund Manager

With 18 years of work experience, Mr Shreyas Devalkar handles Funds and Content Listing at Axis Mutual Fund. His current designation is Senior Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in November 2016. Before joining Axis AMC, he worked with BNP Paribas Asset Management (India) Pvt. Ltd. as Fund Manager – Equity, IDFC AMC as VP Research – Equity Analyst, IDFC Securities as VP Research – Equity Analyst, and JP Morgan as Credit Analyst.

Mr Shreyas Devalkar’s educational qualifications include MBA (Management) from Jamnalal Bajaj Institute of Management Studies, Bachelor in Chemical Engineering from University Department of Chemical Technology, Mumbai, and HSC from D G Ruparel College. His areas of interest include equity research, financial modelling, portfolio management, etc.

Mr Shreyas Devalkar manages four (4) schemes at Axis Mutual Fund, including Axis Bluechip Fund and Axis Flexi Cap Fund.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,63,225 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

More Funds from Axis Mutual Fund

Fund Name

Mutual Funds By Category

Equity

Debt

Hybrid

equity
Large Cap Mutual Funds Large Cap Mutual Funds
Large Cap
Fund Name
Mid Cap Mutual Funds Mid Cap Mutual Funds
Mid Cap
Fund Name
Small Cap Mutual Funds Small Cap Mutual Funds
Small Cap
Fund Name
Multi Cap Funds Multi Cap Funds
Multi Cap
Fund Name
ELSS Mutual Funds ELSS Mutual Funds
ELSS
Fund Name
Dividend Yield Funds Dividend Yield Funds
Dividend Yield
Fund Name
Sectoral / Thematic Mutual Funds Sectoral / Thematic Mutual Funds
Sectoral / Thematic
Fund Name
Focused Funds Focused Funds
Focused
Fund Name
debt
Ultra Short Duration Funds Ultra Short Duration Funds
Ultra Short Duration
Fund Name
Liquid Mutual Funds Liquid Mutual Funds
Liquid
Fund Name
Gilt Mutual Funds Gilt Mutual Funds
Gilt
Fund Name
Long Duration Funds Long Duration Funds
Long Duration
Fund Name
Overnight Mutual Funds Overnight Mutual Funds
Overnight
Fund Name
Floater Mutual Funds Floater Mutual Funds
Floater
Fund Name
hybrid
Arbitrage Mutual Funds Arbitrage Mutual Funds
Arbitrage
Fund Name
Equity Savings Mutual Funds Equity Savings Mutual Funds
Equity Savings
Fund Name
Aggressive Hybrid Mutual Funds Aggressive Hybrid Mutual Funds
Aggressive Hybrid
Fund Name

Frequently Asked Questions

How to invest in AXIS ELSS Tax Saver Fund – Direct (IDCW) ?

You can invest in AXIS ELSS Tax Saver Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS ELSS Tax Saver Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS ELSS Tax Saver Fund – Direct (IDCW) ?

The NAV of AXIS ELSS Tax Saver Fund – Direct (IDCW) is ₹49.9 as of 01 March 2024.

How to redeem AXIS ELSS Tax Saver Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS ELSS Tax Saver Fund – Direct (IDCW)?

The minimum SIP amount of AXIS ELSS Tax Saver Fund – Direct (IDCW) is ₹500

What are the top sectors AXIS ELSS Tax Saver Fund – Direct (IDCW) has invested in?

The top sectors AXIS ELSS Tax Saver Fund – Direct (IDCW) has invested in are
  1. Finance - 16.02%
  2. Retailing - 12.48%
  3. IT-Software - 10.33%
  4. Banks - 6.87%
  5. Pharmaceuticals & Biotech - 6.43%

Can I make investments in both the SIP and Lump Sum schemes of AXIS ELSS Tax Saver Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of AXIS ELSS Tax Saver Fund – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have AXIS ELSS Tax Saver Fund – Direct (IDCW) generated ?

The AXIS ELSS Tax Saver Fund – Direct (IDCW) has delivered 17.4% since inception

What is the expense ratio of AXIS ELSS Tax Saver Fund – Direct (IDCW) ?

The expense ratio of AXIS ELSS Tax Saver Fund – Direct (IDCW) is 0.8 % as of 01 March 2024.

What is the AUM of AXIS ELSS Tax Saver Fund – Direct (IDCW)?

The AUM of AXIS ELSS Tax Saver Fund – Direct (IDCW) is ₹2,63,225 Cr as of 01 March 2024

What are the top stock holdings of AXIS ELSS Tax Saver Fund – Direct (IDCW)?

The top stock holdings of AXIS ELSS Tax Saver Fund – Direct (IDCW) are
  1. TCS - 7.06%
  2. Bajaj Finance - 6.33%
  3. Torrent Power - 6.08%
  4. Avenue Super. - 5.55%
  5. Nestle India - 5.13%

How can I redeem my investments in AXIS ELSS Tax Saver Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS ELSS Tax Saver Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now