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
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
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 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
Bajaj Finance Ltd.
FinancialEquity10.3%
Avenue Supermarts Ltd.
ServicesEquity8.6%
Tata Consultancy Services Ltd.
TechnologyEquity8.2%
Info Edge (India) Ltd.
ServicesEquity7.9%
Housing Development Finance Corpn. Ltd.
FinancialEquity5.3%
Divi's Laboratories Ltd.
HealthcareEquity5.1%
Nestle India Ltd.
FMCGEquity4.9%
HDFC Bank Ltd.
FinancialEquity4.9%
Pidilite Industries Ltd.
ChemicalsEquity4.7%
Kotak Mahindra Bank Ltd.
FinancialEquity4.7%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and consinfo
Category: Equity ELSS
thumb_up_altPros
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%
thumb_down_altCons
Higher AUM: 34370Cr.
Funds with a higher AUM tend to have lower returns in the future
Lock-in period: 3Y
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. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Sep 2021 - Present
0.74%
31 Aug 2021 - 30 Sep 2021
0.77%
31 Jul 2021 - 31 Aug 2021
0.79%
30 Jun 2021 - 31 Jul 2021
0.79%
31 May 2021 - 30 Jun 2021
0.80%
30 Apr 2021 - 31 May 2021
0.78%
31 Mar 2021 - 30 Apr 2021
0.72%
28 Feb 2021 - 31 Mar 2021
0.72%
31 Jan 2021 - 28 Feb 2021
0.72%
31 Dec 2020 - 31 Jan 2021
0.73%
30 Nov 2020 - 31 Dec 2020
0.74%
31 Oct 2020 - 30 Nov 2020
0.88%
30 Sep 2020 - 31 Oct 2020
0.89%
31 Aug 2020 - 30 Sep 2020
0.89%
31 Jul 2020 - 31 Aug 2020
0.90%
30 Jun 2020 - 31 Jul 2020
0.92%
31 May 2020 - 30 Jun 2020
0.93%
30 Apr 2020 - 31 May 2020
0.93%
31 Mar 2020 - 30 Apr 2020
0.93%
29 Feb 2020 - 31 Mar 2020
0.91%
31 Jan 2020 - 29 Feb 2020
0.91%
31 Dec 2019 - 31 Jan 2020
0.92%
30 Nov 2019 - 31 Dec 2019
0.92%
31 Oct 2019 - 30 Nov 2019
0.92%
30 Sep 2019 - 31 Oct 2019
0.92%
31 Aug 2019 - 30 Sep 2019
0.93%
31 Jul 2019 - 31 Aug 2019
0.93%
30 Jun 2019 - 31 Jul 2019
0.93%
31 May 2019 - 30 Jun 2019
0.93%
30 Apr 2019 - 31 May 2019
0.66%
31 Mar 2019 - 30 Apr 2019
0.84%
28 Feb 2019 - 31 Mar 2019
0.95%
31 Jan 2019 - 28 Feb 2019
0.95%
31 Dec 2018 - 31 Jan 2019
0.95%
30 Nov 2018 - 31 Dec 2018
0.95%
31 Oct 2018 - 30 Nov 2018
0.95%
30 Sep 2018 - 31 Oct 2018
1.24%
31 Aug 2018 - 30 Sep 2018
1.24%
31 Jul 2018 - 31 Aug 2018
1.24%
30 Jun 2018 - 31 Jul 2018
1.24%
31 May 2018 - 30 Jun 2018
1.07%
30 Apr 2018 - 31 May 2018
1.07%
31 Mar 2018 - 30 Apr 2018
1.07%
28 Feb 2018 - 31 Mar 2018
1.08%
31 Jan 2018 - 28 Feb 2018
1.27%
31 Dec 2017 - 31 Jan 2018
1.27%
30 Nov 2017 - 31 Dec 2017
1.27%
31 Oct 2017 - 30 Nov 2017
1.97%
Expense ratio, exit load and taxExpense ratio: 0.74%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
Check past data
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 20 Oct 2021 is ₹57.23.
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	63.3%	26.2%	19.5%	21.7%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	15	7	6	NA

Name	Sector	Instrument	Assets
Bajaj Finance Ltd.	Financial	Equity	10.3%
Avenue Supermarts Ltd.	Services	Equity	8.6%
Tata Consultancy Services Ltd.	Technology	Equity	8.2%
Info Edge (India) Ltd.	Services	Equity	7.9%
Housing Development Finance Corpn. Ltd.	Financial	Equity	5.3%
Divi's Laboratories Ltd.	Healthcare	Equity	5.1%
Nestle India Ltd.	FMCG	Equity	4.9%
HDFC Bank Ltd.	Financial	Equity	4.9%
Pidilite Industries Ltd.	Chemicals	Equity	4.7%
Kotak Mahindra Bank Ltd.	Financial	Equity	4.7%

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

Rating	4
Fund size	₹34,370.78 Cr