Name: Axis Long Term Equity Direct Plan IDCW
Brand: Axis Mutual Fund

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Axis Long Term Equity Direct Plan IDCW
Equity
ELSS
Very High Risk
3Y Lock Inlock
53.29%
1Y return
+0.54% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹50.24
Min. SIP Amount₹500
Rating4star
Fund Size₹30,520.30 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns53.3%15.6%16.5%20.5%
Category average54.9%14.2%14.3%NA
Rank with in category16129NA
Understand termsinfo
Holdings (27)NameSectorInstrumentAssets
Bajaj Finance Ltd.FinancialEquity9.3%
Tata Consultancy Services Ltd.TechnologyEquity8.2%
Avenue Supermarts Ltd.ServicesEquity7.6%
Info Edge (India) Ltd.ServicesEquity6.8%
Kotak Mahindra Bank Ltd.FinancialEquity5.3%
Divi's Laboratories Ltd.
HealthcareEquity5.0%
Nestle India Ltd.FMCGEquity4.9%
Housing Development Finance Corpn. Ltd.FinancialEquity4.8%
HDFC Bank Ltd.FinancialEquity4.7%
Pidilite Industries Ltd.ChemicalsEquity4.6%
See All
Pros and consCategory: Equity ELSS
Pros3Y Returns are higher than the category average returns
5Y Returns are higher than the category average returns
Exit load is zero
ConsAsset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
1Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.79%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementJinesh Gopani
Jan 2013 - Present
View Details
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Education
Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.
Experience
Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.
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Fund house & investment objective
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Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM1,94,434.19 Cr
Date of Incorporation04 Sep 2009
Axis Long Term Equity Direct Plan IDCW is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 
Axis Long Term Equity Direct Plan IDCW is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Jinesh Gopani is the Current Fund Manager of Axis Long Term Equity Direct Plan IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,94,434 Cr and the Latest NAV as of 29 Jul 2021 is ₹50.24.
The Axis Long Term Equity Direct Plan IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500. ...Read more
Investment Objective
The scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. The Scheme Will inv
The scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. The Scheme Will invest in companies with strong growth & a sustainable business model.
...Read more
Fund benchmarkS&P BSE 200 TRI
descriptionScheme Information Document(SID)
Fund house contact details
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Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
E-mail
[email protected]
Website
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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	1Y	3Y	5Y	All
Fund returns	53.3%	15.6%	16.5%	20.5%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	16	12	9	NA

Name	Sector	Instrument	Assets
Bajaj Finance Ltd.	Financial	Equity	9.3%
Tata Consultancy Services Ltd.	Technology	Equity	8.2%
Avenue Supermarts Ltd.	Services	Equity	7.6%
Info Edge (India) Ltd.	Services	Equity	6.8%
Kotak Mahindra Bank Ltd.	Financial	Equity	5.3%
Divi's Laboratories Ltd.	Healthcare	Equity	5.0%
Nestle India Ltd.	FMCG	Equity	4.9%
Housing Development Finance Corpn. Ltd.	Financial	Equity	4.8%
HDFC Bank Ltd.	Financial	Equity	4.7%
Pidilite Industries Ltd.	Chemicals	Equity	4.6%

Min. for 1st investment	₹500
Min. for 2nd investment onwards	₹500

Rating	4
Fund Size	₹30,520.30 Cr