Suitability:
When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.
But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.
Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.
Taxability of earnings:
Capital gains
Dividends
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YTD | 1 Month | 3 Months | 1 Years | 3 Years | 5 Years | 10 Years | |
---|---|---|---|---|---|---|---|
Fund | 13.05 | -0.75 | 9.50 | 13.25 | 16.23 | 11.60 | -- |
S&P BSE 200 TRI | 9.52 | 1.72 | 8.77 | 10.63 | 13.88 | 9.66 | -- |
Equity: ELSS | 7.31 | 1.02 | 7.98 | 8.28 | 11.07 | 8.55 | -- |
Rank within category | 7 | 37 | 7 | 7 | 2 | 3 | -- |
Number of funds in category | 35 | 38 | 37 | 35 | 34 | 29 | 26 |
As on 13-Dec-2019
Best (Period) | Worst (Period) | |
---|---|---|
Month | 14.59 (07-May-2014 - 06-Jun-2014) | -14.06 (07-Sep-2018 - 08-Oct-2018) |
Quarter | 25.79 (04-Apr-2014 - 04-Jul-2014) | -16.20 (10-Nov-2010 - 09-Feb-2011) |
Year | 86.83 (03-Sep-2013 - 03-Sep-2014) | -14.99 (31-Dec-2010 - 02-Jan-2012) |
Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
---|---|---|---|---|---|---|
Fund | 15.63 | 13.26 | 0.74 | 0.96 | 0.91 | 3.15 |
S&P BSE 200 TRI | 13.76 | 12.78 | 0.63 | 1.00 | -- | -- |
Equity: ELSS | 11.17 | 13.43 | 0.40 | 0.61 | 0.96 | -1.64 |
Rank within category | 2 | 19 | 2 | 2 | 10 | 2 |
Number of funds in category | 34 | 34 | 34 | 34 | 34 | 34 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Nov-2019
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Number of Stocks | 33 |
Top 10 Stocks (%) | 65.78 |
Top 5 Stocks (%) | 37.47 |
Top 3 Sectors (%) | 64.80 |
Portfolio P/B Ratio | 5.63 |
Portfolio P/E Ratio | 35.41 |
Fund | Benchmark | Category | |
---|---|---|---|
Average Mkt Cap (Rs Cr) | 1,11,861 | 3,01,056 | 96,702 |
Giant (%) | 57.61 | 64.44 | 52.39 |
Large (%) | 17.46 | 20.06 | 15.16 |
Mid (%) | 23.35 | 15.30 | 24.27 |
Small (%) | 1.57 | 0.21 | 8.53 |
Tiny (%) | -- | -- | 0.27 |
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Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
— Jinesh Gopani since 01-Apr-2011
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.
Interviews:
Funds Managed:
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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.
Minimum Investment (₹) | 500 |
Minimum Addl Investment (₹) | 500 |
Minimum SIP Investment (₹) | 500 |
Minimum No of Cheques | 6 |
Minimum Withdrawal (₹) | 500 |
Minimum Balance (₹) | 1 |
Exit Load | 0 |
Fund House: | Axis Mutual Fund |
Launch Date: | 29-Dec-2009 |
Benchmark: | S&P BSE 200 TRI |
Riskometer: | Moderately High |
Type: | Open-ended |
Assets: | ₹ 21,160 Cr (As on 30-Nov-2019) |
Expense: | 1.68% (As on 30-Nov-2019) |
Risk Grade: | Low |
Return Grade: | High |
Turnover: | -- |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | 31-Jan-2019 | 2.0364 | |||||||||||||||||||||||||||||
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Interview - 26-Mar-2019
Fundwire - 14-Mar-2019
Fund News - 28-Jan-2019
Fundwire - 19-Apr-2018
Fund Manager's View - 27-Mar-2018
AMC: Axis Asset Management Company Ltd.
Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025
Phone: 022-24255161
Fax: 022-43255199
Email: [email protected] / [email protected]
Website: www.axismf.com
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Phone: 040-23312454
Email: [email protected]
Website: www.karvymfs.com