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Axis Long Term Equity Fund Growth-0.97%

17.51%
1 Year Return
Equity
ELSS
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Long Term Equity Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.62%
NAV₹59.09 (25 Jan 2021)
Fund Started29 Dec 2009
Fund Size27,181 Cr

Fund Overview

Quick overview of Axis Long Term Equity Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
17.5%
11.6%
15.4%
17.6%
Category Average
15.3%
5.6%
13.3%
-
Rank Within Category
11
3
6
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 17.5% returns per annum

Comparison

Data not available
Pros
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
Cons
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

NameSectorInstrument% Assets
Bajaj Finance Ltd.FinancialEquity9.3%
HDFC Bank Ltd.FinancialEquity7.4%
Tata Consultancy Services Ltd.TechnologyEquity7.2%
Kotak Mahindra Bank Ltd.FinancialEquity6.7%
Avenue Supermarts Ltd.ServicesEquity6.7%
Info Edge (India) Ltd.ServicesEquity6.4%
Housing Development Finance Corpn. Ltd.FinancialEquity5.8%
Nestle India Ltd.FMCGEquity5.5%
Maruti Suzuki India Ltd.AutomobileEquity5.2%
Pidilite Industries Ltd.ChemicalsEquity4.4%
See All

Fund Managers

Jinesh Gopani
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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%.

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
04 Sep 2009
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,
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