Axis ELSS Tax Saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 40.24 | 12.6 | 15.06 | 12.84 |
Average Rolling Returns(%) | 18.40 | 16.75 | 15.70 | 16.42 |
The Current NAV of Axis ELSS Tax Saver Fund - Growth - Direct Plan is ₹96.24.
Funds returns are more likely to be different than its benchmark NIFTY 200 returns, as Funds portfolio is significantly different.
Axis ELSS Tax Saver Fund - Growth - Direct Plan fund’s expense ratio is 0.75%
The process for redemption is
The AUM of Axis ELSS Tax Saver Fund - Growth - Direct Plan is currently ₹35,474 Crores.
The Top three stocks are Torrent Power, Bajaj Finance and TCS and account for 19% of its portfolio. Top 5 and 10 stocks of fund account for 29% and 46% of fund’s portfolio respectively.
Top three sectors of Axis ELSS Tax Saver Fund - Growth - Direct Plan fund are BFSI, IT and Construction & Infrastructure accounting for 47% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Axis ELSS Tax Saver Fund - Growth - Direct Plan Fund is Equity - ELSS.
Jinesh Gopani manages the Axis ELSS Tax Saver Fund - Growth - Direct Plan Fund.
Axis ELSS Tax Saver Fund - Growth - Direct Plan current PE ratio is 62.22 and PB ratio is 11.94
The asset allocation of Axis ELSS Tax Saver Fund - Growth - Direct Plan is Stocks : 96.31%, Debt : 3.72% and Gold : 0%
The minimum SIP amount for Axis ELSS Tax Saver Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Axis ELSS Tax Saver Fund - Growth - Direct Plan is Nil