Axis Long Term Equity Fund Growth+2.34%

5
-3.39%
1 Year Return
Equity
ELSS
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Axis Long Term Equity Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.72%
NAV45.24 (25 Sep 2020)
Fund Started29 Dec 2009
Fund Size21,905 Cr

Fund Overview

Quick overview of Axis Long Term Equity Fund Growth

Returns

1Y
3Y*
5Y*
Since inception*
Axis Long Term Equity Fund Growth
-3.4%
5.2%
8.1%
15.1%
Category Average
14.4%
1.5%
10.7%
-
Rank within category
13
4
5
-
*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 -3.4% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    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

    Top Holdings

    NameSectorInstrument% Assets
    Bajaj Finance Ltd.FinancialEquity8.7%
    Kotak Mahindra Bank Ltd.FinancialEquity7.3%
    HDFC Bank Ltd.FinancialEquity7.3%
    Tata Consultancy Services Ltd.TechnologyEquity6.8%
    Nestle India Ltd.FMCGEquity6.3%
    Maruti Suzuki India Ltd.AutomobileEquity6.1%
    Info Edge (India) Ltd.ServicesEquity5.7%
    Avenue Supermarts Ltd.ServicesEquity5.0%
    Divi's Laboratories Ltd.HealthcareEquity4.8%
    Pidilite Industries Ltd.ChemicalsEquity4.4%
    See All

    Fund Managers

    addJinesh Gopani
    Education
    Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.
    Experience
    Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.
    Funds Managed

    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 ₹21,905 Cr and the Latest NAV as of 25 Sep 2020 is ₹45.24.

    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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