Axis ELSS Tax Saver Fund - Regular Plan - IDCW

Axis ELSS Tax Saver Fund - Regular Plan - IDCW is a scheme launched by Axis Mutual Fund on December 29, 2009, and falls under the ELSS fund category. It currently manages an AUM of Rs 35,083.65 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 500. It charges an expense ratio of 1.53% for managing the portfolio.

• Investing Strategy:

  To generate income and long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities.

• Performance:

  Axis ELSS Tax Saver Fund - Regular Plan - IDCW trailing returns over different times are -7.18% (1 year), 3.57% (3 year) and 1.6% (5 year). The average annual return of this fund stands at -4.2%.