Investment type
AXIS ELSS Tax Saver Fund - Direct (G) is a mutual fund under the Tax Saving Funds category, managed by Axis Mutual Fund. It was launched on 13 Jan 2009, and has been active for over 16 years. As of 30 Jun 2025 the fund manages assets worth ₹36,258 Crores. The expense ratio is 0.8%.
This fund generated returns of 5.11% in the last 1 year. Since its inception, it has provided an average annual return of 17.17%.
The fund's investments are mainly concentrated in sectors like Banks, Finance, Pharmaceuticals & Biotech, IT-Software and Retailing.
The top five holdings in this fund include prominent companies such as HDFC Bank, ICICI Bank, Bharti Airtel, Bajaj Finance and Torrent Power.
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.
ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.
Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.
The minimum is three years, but staying invested longer can help maximize returns.
No, ELSS funds have a mandatory lock-in period of three years.
Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.
By joining our referral program, you agree to our Terms of Use
Powered by Viral Loops.
Invest as little as Re.1 in US Stocks
