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Axis Long Term Equity Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.62 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.52 Lakh

Analyst's Choice?

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

  • 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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
Fund 5.35 -0.18 -0.92 4.09 7.40 18.12 28.38 17.35 12.02 21.17 --
S&P BSE 500 TRI* -1.15 -2.01 -1.35 -3.30 0.86 11.31 10.62 9.51 7.81 12.61 --
Equity: ELSS* 0.88 -1.69 -0.78 -1.90 2.74 13.86 13.90 9.04 8.19 14.36 --

As on 20-Feb-2020

* As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.42 (19-Sep-2019 - 26-Sep-2019) -8.51 (19-Aug-2015 - 26-Aug-2015)
Month 14.73 (07-May-2014 - 06-Jun-2014) -13.98 (07-Sep-2018 - 08-Oct-2018)
Quarter 26.36 (04-Apr-2014 - 04-Jul-2014) -14.38 (24-Jul-2018 - 23-Oct-2018)
Year 89.19 (03-Sep-2013 - 03-Sep-2014) -11.03 (25-Feb-2015 - 25-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.15 12.90 0.89 1.09 0.91 5.83
S&P BSE 500 TRI 11.88 12.82 0.48 0.72 -- --
Equity: ELSS 11.52 13.02 0.45 0.65 0.95 -0.04

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jan-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 31
Top 10 Stocks (%) 63.73
Top 5 Stocks (%) 37.21
Top 3 Sectors (%) 62.04
Portfolio P/B Ratio 5.51
Portfolio P/E Ratio 34.51

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,14,029 90,653
Giant (%) 58.36 50.67
Large (%) 16.83 15.11
Mid (%) 22.69 25.96
Small (%) 2.11 8.61
Tiny (%) -- 0.26

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
down Bajaj Finance Financial 53.00 9.63 3.51 8.97
up Kotak Mahindra Bank Financial 36.78 9.19 6.59 8.69
down Avenue Supermarts Services 126.67 7.17 0.00 7.17
down HDFC Bank Financial 25.23 9.87 6.75 6.75
down Pidilite Industries Chemicals 66.18 7.51 3.97 5.63
down Tata Consultancy Services Technology 24.50 9.92 0.00 5.58
down HDFC Financial 18.18 7.57 4.54 5.54
down Info Edge (India) Services -- 5.50 1.07 5.50
up Maruti Suzuki India Automobile 31.60 6.76 3.18 5.13
up Bandhan Bank Financial 21.53 6.62 0.00 4.77
down Nestle India FMCG 79.99 4.43 0.59 4.34
down Torrent Power Energy 10.12 4.18 1.91 3.63
down TTK Prestige Cons Durable 36.43 3.90 2.07 2.07
up Divi's Laboratories Healthcare 45.16 1.89 0.00 1.89
down ICICI Bank Financial 36.13 2.42 0.00 1.75
equal Wabco India Automobile 72.44 2.50 1.56 1.72
down Cummins India Engineering 21.85 3.08 0.00 1.66
down Symphony Cons Durable 64.86 3.02 1.39 1.66
up Bharti Airtel Communication -- 1.63 0.00 1.63
down Sundaram Finance Financial 15.27 2.86 1.62 1.62
down Astral Poly Technik Chemicals 69.63 1.78 0.97 1.62
up Motherson Sumi Systems Automobile 25.91 5.54 1.18 1.51
up Multi Commodity Exchange India Financial 29.19 1.72 0.60 1.24
up Shree Cement Construction 64.13 1.12 0.00 1.12
equal Tech Mahindra Technology 18.16 3.89 0.00 1.10

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-Jan-2020

Fund Manager

— Jinesh Gopani since 01-Jan-2013

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:


-0.18%

Change from previous, NAV as on 20-Feb-2020

Growth: ₹ 56.0837

Dividend: ₹ 40.3205


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

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

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 20.27%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 21,997 Cr (As on 31-Jan-2020)
Expense: 0.91% (As on 31-Jan-2020)
Risk Grade: Low
Return Grade: High
Turnover: 66.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend27-Jan-20203.0104

 31-Jan-20191.3281
 22-Mar-20181.5000

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

Email: [email protected] / [email protected]

Website: www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt 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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dateFriday, 28-Feb-2020
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