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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

Returns and rankings

Category: 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
FinancialEquity9.8%
ServicesEquity9.5%
ServicesEquity7.5%
TechnologyEquity7.4%
HealthcareEquity5.5%
FinancialEquity5.4%
FinancialEquity5.3%
FinancialEquity4.8%
FMCGEquity4.8%
ChemicalsEquity4.5%
See All

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%

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 terms
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

Fund house & investment objective

Fund house contact details

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