Should I invest in Axis ELSS Tax Saver Fund?

We don't give personal investment advice. Axis ELSS Tax Saver Fund - Direct Plan - Growth Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 28.0%. 5-year CAGR: 7.70%.

Axis

Axis ELSS Tax Saver Fund - Direct Plan - Growth Option

Latest NAV

₹103.4809

As of

3 Jun 2026

3,309 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.49%	+0.24%	+0.24	15 / 59	Q2
1W	-1.82%	-1.27%	-0.54	34 / 59	Q3
2W	-0.65%	+0.30%	-0.95	49 / 59	Q4
1M	-2.03%	-0.87%	-1.17	44 / 59	Q3
3M	-3.65%	+0.83%	-4.49	49 / 59	Q4
6M	-6.89%	-2.14%	-4.75	44 / 59	Q3
YTD	-6.29%	-1.56%	-4.73	38 / 59	Q3
1Y	-3.25%	+5.96%	-9.21	44 / 59	Q3
2Y	+3.04%	+5.58%	-2.54	34 / 58	Q3
3Y	+10.82%	+14.58%	-3.76	52 / 58	Q4
4Y	+11.07%	+14.85%	-3.78	48 / 51	Q4
5Y	+7.70%	+14.46%	-6.77	47 / 47	Q4
7Y	+10.95%	+15.51%	-4.56	44 / 45	Q4
10Y	+12.34%	+14.50%	-2.16	24 / 27	Q4
Inception	+15.47%	+14.13%	+1.34	20 / 59	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-6.29%	-4.44%	-1.85	32 / 53
2025	+4.78%	+3.70%	+1.08	25 / 53
2024	+18.35%	+20.13%	-1.78	28 / 53
2023	+22.78%	+30.82%	-8.04	45 / 51
2022	-11.23%	+3.78%	-15.01	47 / 47
2021	+25.02%	+39.32%	-14.30	45 / 50
2020	+21.44%	+18.42%	+3.02	11 / 50
2019	+15.66%	+6.48%	+9.17	3 / 47
2018	+4.32%	-7.38%	+11.70	1 / 37
2017	+37.88%	+38.27%	-0.39	15 / 31
2016	-0.14%	+5.54%	-5.68	24 / 27

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+18.92%

152 windows

min -17.3% · max 89.2%

82% positive

3-Year rolling

+15.38%

127 windows

min 2.2% · max 34.6%

100% positive

5-Year rolling

+15.18%

103 windows

min 3.7% · max 26.4%

100% positive

7-Year rolling

+14.89%

79 windows

min 10.6% · max 20.8%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

13.27%

3-year · annualised

Sharpe ratio

0.35

vs risk-free 6.5%

Sortino ratio

0.54

Downside-only deviation

Max drawdown

-16.48%

Sep 2024 → Feb 2025

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - Growth Option - Direct Plan	HDFC	₹1,421.3430	3 Jun 2026
Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹140.6038	3 Jun 2026
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH	SBI	₹458.2222	3 Jun 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth	ICICI Prudential	₹990.7700	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - Growth	Invesco	₹138.0800	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth	Bandhan	₹173.1540	3 Jun 2026
quant ELSS Tax Saver Fund - Growth Option - Direct Plan	Quant	₹443.2149	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹66.4800	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option	Motilal Oswal	₹62.1822	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - Growth	Franklin India	₹1,537.4743	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹103.4809
2 Jun 2026	₹103.5959
1 Jun 2026	₹103.0948
31 May 2026	₹104.3083
29 May 2026	₹104.3129
27 May 2026	₹105.9296
26 May 2026	₹105.5115
25 May 2026	₹105.9217
22 May 2026	₹104.7708
21 May 2026	₹104.4915

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Axis ELSS Tax Saver Fund - Direct Plan - Growth Option is ₹103.4809. It's a ELSS from Axis, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Axis ELSS Tax Saver Fund - Direct Plan - Growth Option has NAV history starting from 02 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Axis ELSS Tax Saver Fund - Direct Plan - Growth Option is managed by Axis. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis ELSS Tax Saver Fund - Direct Plan - Growth Option has delivered a absolute return of -3.25% — -9.21 pp behind the ELSS category average of 5.96%. The fund ranks #44 of 59 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Axis ELSS Tax Saver Fund - Direct Plan - Growth Option has delivered a CAGR of 10.82% — -3.76 pp behind the ELSS category average of 14.58%. The fund ranks #52 of 58 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Axis ELSS Tax Saver Fund - Direct Plan - Growth Option has delivered a CAGR of 7.70% — -6.77 pp behind the ELSS category average of 14.46%. The fund ranks #47 of 47 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Axis ELSS Tax Saver Fund - Direct Plan - Growth Option exactly 10 years ago would be worth approximately ₹320,194 today — a multiplier of 3.20×, based on the 10-year CAGR of 12.34%. The category average over the same window would have grown ₹1 lakh to ₹387,469.

A ₹10,000 monthly SIP in Axis ELSS Tax Saver Fund - Direct Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹717,572 today. That's an XIRR (money-weighted annualised return) of 7.09%.

A ₹10,000 monthly SIP for 10 years in Axis ELSS Tax Saver Fund - Direct Plan - Growth Option = ₹1,200,000 invested. It would currently be worth ₹2,119,651 (multiplier 1.77×). XIRR: 10.95%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Axis ELSS Tax Saver Fund - Direct Plan - Growth Option ranks #47 out of 47 funds in the ELSS category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 14.46%; this fund delivered 7.70%.

The worst peak-to-trough decline Axis ELSS Tax Saver Fund - Direct Plan - Growth Option has experienced over the last 5-year window is 27.99% — its NAV fell from a high on 14 Oct 2021 to a low on 17 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Axis ELSS Tax Saver Fund - Direct Plan - Growth Option averaged 15.18% (best 26.40%, worst 3.73%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.15 — weak risk-adjusted performance.

In calendar year 2025, Axis ELSS Tax Saver Fund - Direct Plan - Growth Option returned 4.78% — beating the ELSS category average of 3.70% by 1.08 pp. It ranked #25 of 53 in its category that year.

Axis ELSS Tax Saver Fund - Direct Plan - Growth Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Axis ELSS Tax Saver Fund - Direct Plan - Growth Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 28.0%. 5-year CAGR: 7.70%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Axis ELSS Tax Saver Fund - Direct Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in ELSS

Recent NAVs

Frequently asked questions

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