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Axis Long Term Equity Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 47.5729 -0.78%
    (as on 18th April, 2019)
Crisil Rank
Very good performance among peers
Risk-O-Meter
Moderately High

Fund has 94.52% investment in indian stocks of which 64.02% is in large cap stocks, 27.81% is in mid cap stocks, 2.69% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

This Scheme
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    S&P BSE 200
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Returns (NAV as on 18th April, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 11-Apr-19 10084.35 0.84% - 0.89% 37/64
1 Month 18-Mar-19 10228.20 2.28% - 1.96% 25/64
3 Month 18-Jan-19 10730.25 7.30% - 5.85% 12/63
6 Month 17-Oct-18 11164.78 11.65% - 10.44% 20/62
YTD 01-Apr-19 10079.88 0.80% - 0.34% 7/64
1 Year 18-Apr-18 10484.99 4.85% 4.85% -0.92% 10/60
2 Year 18-Apr-17 13054.70 30.55% 14.26% 8.28% 2/51
3 Year 18-Apr-16 15290.70 52.91% 15.21% 13.88% 14/45
5 Year 17-Apr-14 24473.80 144.74% 19.58% 16.00% 3/33
10 Year - - - - 17.96% -/-
Since Inception 02-Jan-13 31661.86 216.62% 20.10% - -/-

SIP Returns (NAV as on 18th Apr,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 18-Apr-18 12000 12535.93 4.47 % 8.38 %
2 years 18-Apr-17 24000 26469.93 10.29 % 9.73 %
3 years 18-Apr-16 36000 43652.21 21.26 % 12.93 %
5 years 18-Apr-14 60000 84058.02 40.10 % 13.45 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Mar,2019)

Equity Holding : 94.52% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 94.52%
No of Stocks : 33 (Category Avg - 44.67) | Large Cap Investments : 64.02%| Mid Cap Investments : 27.81% | Small Cap Investments : 2.69% | Other : 0%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Cr) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 15464.5 8.20% 0.25% 6.96% (Apr 2018) 6.96% (Apr 2018) 66.69 L 0.00
Bajaj Finance Ltd. Nbfc 15141.6 8.03% 0.32% 4.84% (Apr 2018) 4.84% (Apr 2018) 50.05 L -0.64 L
Kotak Mahindra Bank Ltd. Banks 14833 7.87% 0.13% 6.59% (Oct 2018) 6.59% (Oct 2018) 1.11 Cr 0.00
Tata Consultancy Services Ltd. Computers - software 14518.2 7.70% -1.07% 7.65% (May 2018) 7.65% (May 2018) 72.53 L -4.50 L
Pidilite Industries Ltd. Chemicals - speciality 13584.9 7.21% -0.24% 5.64% (Oct 2018) 5.64% (Oct 2018) 1.09 Cr -3.59 L
Gruh Finance Ltd. Housing finance 9631.5 5.11% 1.61% 3.01% (Jan 2019) 3.01% (Jan 2019) 3.49 Cr 1.03 Cr
Avenue Supermarts Ltd. Retailing 8956 4.75% -0.34% 3.7% (Sep 2018) 3.7% (Sep 2018) 60.88 L 0.00
Maruti Suzuki India Ltd. Passenger/utility vehicles 8636.4 4.58% -0.79% 4.38% (Sep 2018) 4.38% (Sep 2018) 12.94 L -0.75 L
Housing Development Finance Corporation Ltd. Housing finance 8556 4.54% -0.42% 4.54% (Mar 2019) 4.54% (Mar 2019) 43.47 L -3.50 L
Torrent Power Ltd. Power 7508.1 3.98% -0.20% 2.69% (Sep 2018) 2.69% (Sep 2018) 2.92 Cr -8.30 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
CBLO CBLO 4.85%
Net Receivables Net Receivables 0.63%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st March, 2019)

  • Standard Deviation

    High volatility
    13.52vs9.36
    Category Avg
  • Beta

    High volatility
    0.97vs0.66
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.61vs0.38
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.08vs0.05
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    0.21vs-0.31
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 1839.36 2.14 7.65 13.42 10.56 22.70
Canara Robeco Equity Tax Saver - Direct Plan - Growth 4 951.45 2.24 6.14 13.12 9.38 14.74
Kotak Tax Saver Scheme - Direct Plan - Growth 3 888.42 2.99 7.72 13.77 9.36 15.87
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 6192.72 3.31 6.84 10.84 8.25 14.50
Essel Long Term Advantage Fund - Direct Plan - Growth 3 58.80 2.04 6.91 13.43 7.30 14.90
Quantum Tax Saving Fund - Direct Plan - Growth 4 79.71 2.20 5.69 9.08 6.94 12.70
DSP Tax Saver Fund - Direct Plan - Growth 3 5413.31 2.37 8.68 15.35 5.76 15.71
Franklin India Taxshield Fund - Direct - Growth 3 4024.64 1.35 6.04 10.22 5.55 11.82
Invesco India Tax Plan - Direct Plan - Growth 4 834.78 1.26 5.49 8.82 5.27 15.66
DHFL Pramerica Long Term Equity Fund - Direct Plan - Growth 3 327.55 2.23 6.64 10.54 4.28 14.65

More Funds from Axis Mutual Fund

Out of 51 mutual fund schemes offered by this AMC, 7 is/are ranked 5 * , 4 is/are ranked 4 * , 1 is/are ranked 3 * , 1 is/are ranked 2 * , and 38 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Liquid Fund - Direct Plan - Growth 4 21028.05 0.67 1.83 3.77 7.58 7.26
Axis Long Term Equity Fund - Direct Plan - Growth 5 18851.87 2.28 7.30 11.65 4.85 15.21
Axis Focused 25 Fund - Direct Plan - Growth 5 7189.83 2.55 7.48 9.74 3.95 18.01
Axis Bluechip Fund - Direct Plan - Growth 5 4802.16 2.33 6.70 13.86 11.55 16.46
Axis Banking & PSU Debt Fund - Direct Plan - Growth 5 4580.52 0.28 2.54 6.25 8.73 8.02
Axis Multicap Fund - Direct Plan - Growth NA 3298.54 2.19 6.47 13.18 9.88 0.00
Axis Short Term Fund - Direct Plan - Growth 4 3051.67 0.72 2.43 5.19 7.90 7.93
Axis Dynamic Equity Fund - Direct Plan - Growth NA 2347.82 1.07 3.01 6.61 5.91 0.00
Axis Equity Hybrid Fund - Direct Plan - Growth NA 2212.30 1.88 5.42 9.80 0.00 0.00
Axis Midcap Fund - Direct Plan - Growth 5 2198.76 1.64 5.48 10.86 4.35 15.66

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