Since its inception, the Axis ELSS Tax Saver Fund has delivered a return of 16.06%. Over the last 10 years, it provided a 12.74% return, underperforming its benchmark, the NIFTY 500 - TRI, which returned 14.13%. In the past five years, the scheme posted a 13.50% return, compared to its benchmark’s 18.96%, indicating underperformance in both periods.
