Axis ELSS Tax Saver Fund

Axis ELSS Tax Saver Fund is a diversified equity linked saving scheme (ELSS) that invests in a mix of large caps and select midcaps. This tax saver fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments. A 3-year lock-in ensures that the money stays invested in equities and does not get perturbed by market ups and downs. Add to it, the fund manager can take much informed decision and look through the interim volatility. Being an ELSS scheme, the scheme comes with dual advantages of building wealth and saving tax. The long term mutual fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments. Also, equity as an asset class holds potential to beat inflation and generate long term wealth. By investing in Axis ELSS Tax Saver Fund, investors can target long-term goals such as children's education & their future, retirement or any other long term growth that needs wealth creation plan.

Axis ELSS Tax Saver Fund is a mutual fund scheme that invests a majority of its investible corpus in equity and equity related instruments of various companies. The scheme may invest the remaining its corpus in money market instruments in quantum with the schemes investment objective. The AMC collects money from investors sharing a common investment objective and the fund manager invests this accumulated sum. In return, investors receive units in accordance with the schemes current NAV (net asset value). The fund manager will try to balance the portfolio between large caps and mid caps while searching for investment opportunities across market cap. The scheme tries to invest in stocks that have growth potential and can offer long term earnings to investors.

One of the best to way to save tax is by investing in tax saving mutual funds like ELSS. Follow these simple steps to invest in Axis ELSS Tax Saver Fund online:

1. Log on to website.
   
2. Hover on the All Schemes tab and when you get a drop down click on Equity
   
3. You will see all the equity mutual funds offered by Axis Mutual Fund
   
4. Select Axis ELSS Tax Saver Fund
   
5. Click on Start SIP if you want to start a SIP
   
6. Then Select the SIP amount, Tenure, SIP date and Growth / Regular plan and click Continue
   
7. If you want to start investing right away, you can even click select the Add Lumpsum feature
   
8. You can now start investing in this ELSS mutual fund and save tax
   

Axis ELSS Tax Saver Fund is an ELSS mutual fund scheme. This is an open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit. The investment objective of this tax saver fund is 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.

Axis ELSS Tax Saver Fund is a tax saving mutual fund scheme that comes with a statutory lock-in of three years. A lock-in period in mutual funds is a duration where the investor cannot sell his or her mutual fund scheme investments. This means investors cannot redeem their Axis ELSS Tax Saver Fund units for a minimum duration of 36 months from the time of investment. Upon the completion of the lock-in period, retail investors can redeem their Axis ELSS Tax Saver Fund units, or they can even consider this ELSS fund for long term investment.

Axis ELSS Tax Saver Fund is an ELSS scheme that falls under the Section 80C of the Indian Income Tax Act, 1961. It is an open ended equity mutual fund scheme which is ideal for investors with a long term investment horizon and a very high risk appetite. Investors seeking tax exemption for the ongoing fiscal year may consider investing in equity linked savings scheme like Axis ELSS Tax Saver Fund. This tax saver fund comes with a predetermined lock-in period of three years and invests in equity for generating long term capital appreciation. Investors who are alright with investing in tax saving instrument that invests in equity may consider diversifying their portfolio with Axis ELSS Tax Saver Fund.