Fund Details
Axis Long Term Equity Direct Plan Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.72% |
| NAV | ₹66.37 (16 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹27,870 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 8.9% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.7% |
| Avenue Supermarts Ltd. | Services | Equity | 7.1% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.4% |
| HDFC Bank Ltd. | Financial | Equity | 6.4% |
| Info Edge (India) Ltd. | Services | Equity | 5.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.4% |
| Nestle India Ltd. | FMCG | Equity | 5.3% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 4.6% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 4.3% |
Fund Managers
Axis Long Term Equity Direct Plan Growth Details
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 01 Jan 2013. 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 ₹27,870 Cr and the Latest NAV as of 16 Apr 2021 is ₹66.37.
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.
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 invest in companies with strong growth & a sustainable business model.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
