Fund Details
Axis Long Term Equity Fund Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.62% |
| NAV | ₹59.09 (25 Jan 2021) |
|---|---|
| Fund Started | 29 Dec 2009 |
| Fund Size | ₹27,181 Cr |
Fund Overview
Returns
Comparison
1. Risk is lower compared to the benchmark
2. Exit load is zero
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. 10Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. Higher expense ratio
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. 10Y Returns are lower than the benchmark
6. Asset under management(AUM) is more than 20000 Crs. Returns tend to go low once AUM exceeds a certain amount
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 1.72%
9. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 9.3% |
| HDFC Bank Ltd. | Financial | Equity | 7.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.7% |
| Avenue Supermarts Ltd. | Services | Equity | 6.7% |
| Info Edge (India) Ltd. | Services | Equity | 6.4% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.8% |
| Nestle India Ltd. | FMCG | Equity | 5.5% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 5.2% |
| Pidilite Industries Ltd. | Chemicals | Equity | 4.4% |
Fund Managers
Axis Long Term Equity Fund Growth Details
Axis Long Term Equity Fund Growth is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 29 Dec 2009. Jinesh Gopani is the Current Fund Manager of Axis Long Term Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹27,181 Cr and the Latest NAV as of 25 Jan 2021 is ₹59.09.
The Axis Long Term Equity Fund Growth is rated Moderately 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%.
