Groww Logo
Home>Mutual Funds>Compare Axis Long Term Equity Direct Plan Growth with L&T Tax Advantage Fund Direct Growth
SHARE

Compare Funds

Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis

Axis Long Term Equity Direct Plan Growth

Equity
ELSS
4.0
INVEST NOW

L&T Tax Advantage Fund Direct Growth

Equity
ELSS
2.0
INVEST NOW

Add a fund

Axis Long Term Equity Direct Plan Growth

(-1.9%)

L&T Tax Advantage Fund Direct Growth

(3.8%)
1Y
3Y
5Y
Fund Details
RiskVery HighVery High-
Min SIP Amount₹500₹500-
Expense Ratio0.77%1.22%-
NAV₹66.8 (20-May-2022)₹75.8 (20-May-2022)-
Fund Started01-Jan-201301-Jan-2013-
Fund Size₹31,656Cr₹3,369Cr-
Exit LoadNilNil-
Returns
1Y
-1.9%
3.8%
-
3Y
11.3%
10.7%
-
5Y
12.3%
8.4%
-
Pros & Cons
Pros
1. 3Y and 5Y annualised returns higher than category average
2. Higher alpha: 1.5 The fund has generated returns higher than benchmark - NIFTY 500 TRI - in the last 3Y
3. Exit load is zero
4. Lower expense ratio: 0.77%
1. Exit load is zero
2. Lower expense ratio: 1.22%
-
Cons
1. Higher AUM: 32052Cr. Funds with a higher AUM tend to have lower returns in the future
2. 1Y annualised returns lower than category average by 41.06%
3. Lock-in period: 3Y
1. Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
2. Lock-in period: 3Y
3. Low rating: 2
-

Holding Analysis

Top 5
-
-
-
Top 20
-
-
-
P/E
-
-
-
P/B
-
-
-
Turnover
-
-
-
Equity
-
-
-
Cash
-
-
-

Top Holdings

Top 10 Holdings
Name
Assets
Bajaj Finance Ltd.
10.1%
Tata Consultancy Services Ltd.
8.9%
Avenue Supermarts Ltd.
8.6%
Info Edge (India) Ltd.
6.1%
Kotak Mahindra Bank Ltd.
6.0%
Housing Development Finance Corpn. Ltd.
5.4%
Divi's Laboratories Ltd.
4.9%
Nestle India Ltd.
4.8%
Pidilite Industries Ltd.
4.7%
Bajaj Finserv Ltd.
4.7%
Name
Assets
Reliance Industries Ltd.
8.8%
ICICI Bank Ltd.
7.7%
Infosys Ltd.
7.5%
State Bank of India
5.0%
Bajaj Finance Ltd.
4.0%
Titan Company Ltd.
3.7%
Kotak Mahindra Bank Ltd.
3.5%
The Indian Hotels Company Ltd.
3.2%
Tata Motors Ltd.
3.0%
KPR Mills Ltd.
2.8%
-
Fund Manager
Name
Jinesh Gopani
Vihang Naik
-
Education
Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.
Mr. Naik is a CFA & BMS.
-
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 was associated with MF Global, Motilal Oswal Securities and SBICAP Securities.
-
About Fund
Description

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.

-

Launch Date

04 Sep 2009

25 Apr 1996

-

Custodian

Deutsche Bank

Citibank NA

-

Registrar & Transfer Agent

KFin Tech

Cams

-

Popular Comparisons

Motilal Oswal Multicap 35 Fund - Direct - Growth
Vs
SBI Flexicap Fund Direct Growth
Axis Bluechip Fund - Direct - Growth
Vs
SBI Bluechip Fund - Direct - Growth
HDFC Small Cap Fund - Direct - Growth
Vs
L&T Emerging Businesses Fund - Direct - Growth
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.3.8
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI