Axis Long Term Equity Fund Growth+0.19%

5Groww
18.42%
1 Year Return
Equity
ELSS
5.0 star
6M
1Y
3Y
5Y
All

Fund Details

Axis Long Term Equity Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.75%
NAV48.88 (11 Nov 2019)
Fund Started29 Dec 2009
Fund Size21,492 Cr

Fund Overview

Quick overview of Axis Long Term Equity Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Axis Long Term Equity Fund Growth
18.4%
15.7%
12.1%
17.4%
Category Average
-6.3%
6.2%
9.9%
-
Rank within category
6
2
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 18.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. 1Y Returns are higher than the benchmark
    3. 3Y Returns are higher than the benchmark
    4. 5Y Returns are higher than the benchmark
    5. Exit load is zero
    Cons
    1. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
    2. Higher expense ratio

    Top Holdings

    NameSectorInstrument% Assets
    Bajaj Finance Ltd.FinancialEquity8.1%
    Kotak Mahindra Bank Ltd.FinancialEquity8.0%
    HDFC Bank Ltd.FinancialEquity7.8%
    Avenue Supermarts Ltd.ServicesEquity6.9%
    Tata Consultancy Services Ltd.TechnologyEquity6.9%
    Bandhan Bank Ltd.FinancialEquity6.6%
    Housing Development Finance Corpn. Ltd.FinancialEquity5.5%
    Pidilite Industries Ltd.ChemicalsEquity5.5%
    Info Edge (India) Ltd.ServicesEquity5.5%
    Maruti Suzuki India Ltd.AutomobileEquity4.4%
    See All

    Other Details

    Axis Long Term Equity Fund Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 29 Dec 2009. Jinesh Gopani is the Current Fund Manager of Axis Long Term Equity Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹21,492 Cr and the Latest NAV as of 11 Nov 2019 is ₹48.88.

    The Axis Long Term Equity Fund Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    The investment objective of the scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. Howerver, there can be no assurance that the investment of the scheme will be achieved.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Axis Mutual Fund

    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
    Phone
    022-43255161
    Launch Date
    03 Sep 2009
    Axis Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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