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

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Axis Long Term Equity Direct Plan Growth
Equity
ELSS
Very High Risk
3Y Lock In
21.30%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 29 Nov 2021₹80.65
Min. SIP amount₹500
Rating4
Fund size₹34,234.74Cr
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 returns33.7%21.3%20.0%20.7%
Category average54.9%14.2%14.3%NA
Rank with in category29106NA
Understand terms
Holdings (30)NameSectorInstrumentAssets
Bajaj Finance Ltd.
FinancialEquity9.8%
Avenue Supermarts Ltd.
ServicesEquity9.5%
Info Edge (India) Ltd.
ServicesEquity7.5%
Tata Consultancy Services Ltd.
TechnologyEquity7.4%
Divi's Laboratories Ltd.
HealthcareEquity5.5%
Housing Development Finance Corpn. Ltd.
FinancialEquity5.4%
Kotak Mahindra Bank Ltd.
FinancialEquity5.3%
HDFC Bank Ltd.
FinancialEquity4.8%
Nestle India Ltd.
FMCGEquity4.8%
Pidilite Industries Ltd.
ChemicalsEquity4.5%
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 cons
Category: Equity ELSS
Pros
3Y and 5Y annualised returns higher than category average
Higher alpha: 4.33
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%
Cons
Higher AUM: 34234Cr.
Funds with a higher AUM tend to have lower returns in the future
Lock-in period: 3Y
1Y annualised returns lower than category average by 10.77%
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
31 Oct 2021 - Present
0.74%
30 Sep 2021 - 31 Oct 2021
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 terms
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
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.
Also manages these schemes
Axis Long Term Equity Fund IDCW
Axis Long Term Equity Fund Growth
Axis Focused 25 Fund IDCW
Axis Focused 25 Fund Growth
Axis Focused 25 Direct Plan IDCW
Axis Focused 25 Direct Plan Growth
Axis Long Term Equity Direct Plan IDCW
Axis Long Term Equity Direct Plan Growth
Axis Emerging Opportunities Fund Series 1 (1400 Days) Direct IDCW
Axis Emerging Opportunities Fund Series 1 (1400 Days) Direct Growth
Axis Emerging Opportunities Fund Series 1 (1400 Days) Regular IDCW
Axis Emerging Opportunities Fund Series 1 (1400 Days) Regular Growth
Axis Emerging Opportunities Fund Series 2 (1400 Days) Regular Growth
Axis Emerging Opportunities Fund Series 2 (1400 Days) Regular IDCW
Axis Emerging Opportunities Fund Series 2 (1400 Days) Direct Growth
Axis Growth Opportunities Fund Direct IDCW
Axis Growth Opportunities Fund Direct Growth
Axis Growth Opportunities Fund Regular IDCW
Axis Growth Opportunities Fund Regular Growth
Axis Retirement Savings Fund Aggressive Plan Direct IDCW
Axis Retirement Savings Fund Aggressive Plan Regular Growth
Axis Retirement Savings Fund Aggressive Plan Regular IDCW
Axis Retirement Savings Fund Aggressive Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Regular Growth
Axis Retirement Savings Fund Dynamic Plan Regular IDCW
Axis Retirement Savings Fund Conservative Plan Direct Growth
Axis Retirement Savings Fund Conservative Plan Direct IDCW
Axis Retirement Savings Fund Conservative Plan Regular Growth
Axis Retirement Savings Fund Conservative Plan Regular IDCW
Axis ESG Equity Fund Direct Growth
Axis ESG Equity Fund Regular Growth
Axis ESG Equity Fund Regular IDCW
Axis ESG Equity Fund Direct IDCW
Axis Value Fund Regular IDCW
Axis Value Fund Direct Growth
Axis Value Fund Regular Growth
Axis Value Fund Direct IDCW
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹1,94,434.19Cr
Date of Incorporation04 Sep 2009
Axis Long Term Equity Direct Plan Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 0
Axis Long Term Equity Direct Plan Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,94,434 Cr and the Latest NAV as of 29 Nov 2021 is ₹80.65.
The Axis Long Term Equity Direct Plan Growth 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
Scheme Information Document(SID)
Fund house contact details
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	33.7%	21.3%	20.0%	20.7%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	29	10	6	NA

Name	Sector	Instrument	Assets
Bajaj Finance Ltd.	Financial	Equity	9.8%
Avenue Supermarts Ltd.	Services	Equity	9.5%
Info Edge (India) Ltd.	Services	Equity	7.5%
Tata Consultancy Services Ltd.	Technology	Equity	7.4%
Divi's Laboratories Ltd.	Healthcare	Equity	5.5%
Housing Development Finance Corpn. Ltd.	Financial	Equity	5.4%
Kotak Mahindra Bank Ltd.	Financial	Equity	5.3%
HDFC Bank Ltd.	Financial	Equity	4.8%
Nestle India Ltd.	FMCG	Equity	4.8%
Pidilite Industries Ltd.	Chemicals	Equity	4.5%

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

Rating	4
Fund size	₹34,234.74Cr