Home>Mutual Funds>Axis Mutual Fund>Axis Long Term Equity Direct Plan IDCW

Axis Long Term Equity Direct Plan IDCW

Equity
ELSS
Very High Risk
Payout
3Y Lock Inlock
26.16%
3Y annualised
-1.45% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 Oct 2021₹57.23
Min. SIP amount₹500
Rating4star
Fund size₹34,370.78 Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns63.3%26.2%19.5%21.7%
Category average54.9%14.2%14.3%NA
Rank with in category1576NA
Understand termsinfo

Holdings (32)

NameSectorInstrumentAssets
FinancialEquity10.3%
ServicesEquity8.6%
TechnologyEquity8.2%
ServicesEquity7.9%
FinancialEquity5.3%
Divi's Laboratories Ltd.
HealthcareEquity5.1%
FMCGEquity4.9%
FinancialEquity4.9%
ChemicalsEquity4.7%
FinancialEquity4.7%
See All

Pros and cons

info
Category: Equity ELSS
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Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 4.21 The fund has generated returns higher than benchmark - S&P BSE 200 TRI - in the last 3Y
Exit load is zero
Lower expense ratio: 0.74%
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Cons

Higher AUM: 34370Cr. Funds with a higher AUM tend to have lower returns in the future
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.74%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo
Check past data

Minimum investment amounts

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

Fund management

Jinesh Gopani
Jan 2013 - Present
View details
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Fund house & investment objective

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Fund house contact details

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