Home>Mutual Funds>Compare Axis Long Term Equity Direct Plan Growth with L&T Tax Advantage Fund Direct Growth
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Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis
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Axis Long Term Equity Direct Plan Growth
Equity
ELSS
4.0star
INVEST NOW
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L&T Tax Advantage Fund Direct Growth
Equity
ELSS
2.0star
INVEST NOW
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Axis Long Term Equity Direct Plan Growth
(66.3%)
L&T Tax Advantage Fund Direct Growth
(54.2%)
1Y
3Y
5Y
Fund Details
keyboard_arrow_up| Risk | Very High | Very High | - |
|---|---|---|---|
| Min SIP Amount | ₹500 | ₹500 | - |
| Expense Ratio | 0.74% | 1.21% | - |
| NAV | ₹86.1 (19-Oct-2021) | ₹87.5 (19-Oct-2021) | - |
| Fund Started | 01-Jan-2013 | 01-Jan-2013 | - |
| Fund Size | ₹34,371Cr | ₹3,599Cr | - |
Returns
keyboard_arrow_up1Y
66.3%
54.2%
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3Y
26.8%
17.5%
-
5Y
19.9%
14.6%
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Pros & Cons
keyboard_arrow_upPros
1. Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
2. Higher alpha: 4.21 The fund has generated returns higher than benchmark - S&P BSE 200 TRI - in the last 3Y
3. Exit load is zero
4. Lower expense ratio: 0.77%
1. Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
2. Exit load is zero
3. Lower expense ratio: 1.21%
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Cons
1. Higher AUM: 34370Cr. Funds with a higher AUM tend to have lower returns in the future
2. Lock-in period: 3Y
1. Lock-in period: 3Y
2. Low rating: 2
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Holding Analysis
keyboard_arrow_upTop 5
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Top 20
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P/E
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-
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P/B
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Turnover
-
-
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Equity
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Cash
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Top Holdings
keyboard_arrow_upTop 10 Holdings
Name
Assets
Bajaj Finance Ltd.
10.3%
Avenue Supermarts Ltd.
8.6%
Tata Consultancy Services Ltd.
8.2%
Info Edge (India) Ltd.
7.9%
Housing Development Finance Corpn. Ltd.
5.3%
Divi's Laboratories Ltd.
5.1%
Nestle India Ltd.
4.9%
HDFC Bank Ltd.
4.9%
Pidilite Industries Ltd.
4.7%
Kotak Mahindra Bank Ltd.
4.7%
Name
Assets
Infosys Ltd.
5.9%
ICICI Bank Ltd.
5.4%
State Bank of India
3.7%
Bajaj Finance Ltd.
3.4%
HDFC Bank Ltd.
3.3%
Ultratech Cement Ltd.
3.1%
Tata Steel Ltd.
3.0%
Jubilant FoodWorks Ltd.
3.0%
KPR Mills Ltd.
2.8%
Asian Paints Ltd.
2.5%
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Fund Manager
keyboard_arrow_upName
Jinesh Gopani
Venugopal Manghat
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Education
Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.
Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance).
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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.
Prior to joining L&T Mutual Fund he has worked with Tata Asset Management Ltd.
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About Fund
keyboard_arrow_upDescription
Axis Mutual Fund started their mutual fund on 04/09/2009 and its managing total assets of ₹69,145 Cr. Its ranked at 10 as per total assets at end of 30th Sep 2017.
L&T Mutual Fund started their mutual fund on 03/01/1997 and its managing total assets of ₹52,749 Cr. Its ranked at 12 as per total assets at end of 30th Sep 2017.
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Launch Date
04 Sep 2009
03 Jan 1997
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Custodian
Deutsche Bank
Citibank NA
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Registrar & Transfer Agent
KFin Tech
Cams
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