Axis ELSS Tax Saver Fund - Direct Plan - IDCW
Axis Mutual Fund
· Direct plan
· IDCW Payout
ISIN: INF846K01EY8
· AMFI code: 120502
Axis ELSS Tax Saver Fund - Direct Plan - IDCW is a ELSS equity scheme offered by Axis Mutual Fund. The fund is benchmarked to NIFTY 500 TRI and managed by Shreyash Devalkar, Ashish Naik. The Direct plan carries a total expense ratio of 0.94% as of Jun 3, 2026.
Quick facts
| AMC | Axis Mutual Fund |
|---|---|
| Category | Equity › ELSS |
| Plan and option | Direct · IDCW Payout |
| Launch date | December 29, 2009 |
| Fund manager | Shreyash Devalkar, Ashish Naik |
| Benchmark | NIFTY 500 TRI |
| Total expense ratio | 0.94% (as of Jun 3, 2026) |
| Minimum investment | ₹500 |
| Exit load | Exit Load: NIL |
Expense ratio breakdown (Direct plan)
Per SEBI Regulation 52(6), the total expense ratio is the sum of four components.
| Base TER | 0.7500% |
|---|---|
| Additional expense, Reg 52(6A)(b) | 0.0000% |
| Additional expense, Reg 52(6A)(c) | 0.0500% |
| GST | 0.1400% |
| Total | 0.9400% |
Investment objective
The investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. There is no assurance that the investment objective of the Scheme will be achieved.
Related plans and options
- Direct · Growth (ISIN: INF846K01EW2)
- Direct · IDCW Payout (ISIN: INF846K01EX0)
Documents
Recent changes
Statutory changes (per SEBI addendums)
No statutory changes recorded yet for this scheme. Older addendums issued before this page went live are reflected in the current SID.
Other tracked updates
No tracked field updates yet.
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