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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%)

Returns and rankings

Category: 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 cons

Category: Equity ELSS

Pros

  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset 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

Expense ratio, exit load and tax

Expense ratio: 0.79%

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

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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