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4 star

Axis Long Term Equity Fund download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.31 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.91 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to 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 for 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

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Axis Long Term Equity-G -20.02 1.20 3.57 -1.75 -12.82 -17.96 -10.79 9.40 9.92 9.83 16.82
S&P BSE 500 TRI -10.22 1.07 2.50 -2.78 -8.71 -8.19 0.25 13.34 11.33 11.40 14.03
Equity: ELSS -11.79 1.03 2.60 -2.31 -8.73 -9.80 -1.23 11.91 9.47 10.01 14.33
Rank within category 36 5 1 8 36 36 35 27 13 14 3
Number of funds in category 36 36 36 36 36 36 36 34 32 28 26

As on 24-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Long Term Equity Fund
4 star
Dec-09 -10.79 9.40 9.92 1.55% 29,584
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 -1.26 15.77 13.74 1.66% 11,805
DSP Tax Saver Fund
4 star
Jan-07 -1.22 14.29 11.42 1.78% 9,504
Canara Robeco Equity Tax Saver Fund - Regular Plan  | Invest Online
5 star
Mar-93 -1.38 15.49 13.51 2.04% 3,602
IDFC Tax Advantage (ELSS) Fund - Regular Plan  | Invest Online
4 star
Dec-08 2.45 15.69 11.94 1.95% 3,570

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 9.40 19-Sep-2019 - 26-Sep-2019 -17.92 16-Mar-2020 - 23-Mar-2020
Month 15.82 23-Mar-2020 - 22-Apr-2020 -32.92 20-Feb-2020 - 23-Mar-2020
Quarter 31.81 24-Sep-2020 - 24-Dec-2020 -29.76 23-Dec-2019 - 23-Mar-2020
Year 86.83 03-Sep-2013 - 03-Sep-2014 -19.01 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Axis Long Term Equity-G 12.51 21.00 0.43 0.51 0.89 -2.40
S&P BSE 500 TRI 16.28 22.07 0.58 0.66 -- --
Equity: ELSS 14.81 21.55 0.52 0.57 0.95 -0.78
Rank within category 25 12 26 21 9 24
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 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 63.83
Top 5 Stocks (%) 39.99
Top 3 Sectors (%) 61.29
Portfolio P/B Ratio 5.41
Portfolio P/E Ratio 25.59

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,45,484 1,36,894
Giant (%) 54.43 53.53
Large (%) 27.67 17.41
Mid (%) 15.81 22.72
Small (%) 2.10 6.68
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Bajaj Finance Financial 48.14 10.64 5.10 9.28
equal Avenue Supermarts Services 148.05 9.86 4.67 9.25
down Tata Consultancy Services Technology 31.44 9.21 5.58 8.48
up Kotak Mahindra Bank Financial 27.88 9.19 4.30 6.90
equal Info Edge (India) Services 3.96 7.93 4.48 6.08
up Nestle India Consumer Staples 77.72 6.83 2.23 5.43
up HDFC Financial 17.58 6.57 3.72 5.18
equal Pidilite Industries Chemicals 90.97 7.51 3.69 4.70
equal Divi's Laboratories Healthcare 32.92 5.59 1.32 4.34
equal Torrent Power Energy 49.02 4.61 3.04 4.19
equal Bajaj Finserv Financial 40.45 4.71 0.00 3.95
up HDFC Bank Financial 19.76 8.05 2.69 3.31
equal Cholamandalam Investment & Finance Company Financial 24.67 3.29 0.00 3.24
down Shree Cement Materials 28.89 3.09 0.00 2.72
up PI Industries Chemicals 45.97 2.74 0.00 2.66
down Gland Pharma Healthcare 35.48 2.52 0.00 2.27
equal Motherson Sumi Systems Automobile 63.30 4.15 0.00 2.06
down Astral Materials 69.48 1.96 1.14 1.68
equal Coforge Technology 33.56 2.25 0.00 1.67
down Wipro Technology 18.79 1.98 0.00 1.66
equal Sundaram Finance Financial 16.49 2.44 1.21 1.21
up Motherson Sumi Wiring India Automobile 52.41 1.12 0.00 1.12
up Mahindra & Mahindra Automobile 20.26 1.10 0.00 1.10
equal Sona BLW Precision Forgings Automobile 93.70 1.10 0.00 0.98
down Symphony Consumer Discretionary 49.16 2.09 0.76 0.89

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— 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:


1.20%

Change from previous, NAV as on 24-Jun-2022

Growth: ₹ 59.1313

IDCW: ₹ 20.8245


Investment Strategy

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.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 29-Dec-2009
Return Since Launch: 15.29%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 29,584 Cr (As on 31-May-2022)
Expense: 1.55% (As on 31-May-2022)
Risk Grade: Below Average
Return Grade: Above Average
Turnover: 23.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Feb-20222.3000

 25-Feb-20212.2500
 27-Jan-20201.8594
 31-Jan-20192.0364
 22-Mar-20182.5000
 31-Jan-20172.2300
 25-Jan-20162.2500
 22-Jan-20152.0000
 06-Jan-20141.0000
 07-Aug-20120.8000
 31-Aug-20101.0000

Contact Information

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

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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