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Axis Long Term Equity Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 67.8271 2.31%
    (as on 17th May, 2022)
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Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Very High

Fund has 98.02% investment in indian stocks of which 63.63% is in large cap stocks, 17.88% is in mid cap stocks, 3.73% 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.

Crisil Rank Change : Fund Crisil rank was updated from 2 to 1 in the previous quarter.

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Returns (NAV as on 17th May, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 10-May-22 10011.50 0.11% - 0.59% 47/55
1 Month 13-Apr-22 8882.70 -11.17% - -8.12% 55/55
3 Month 17-Feb-22 8941.20 -10.59% - -5.85% 55/55
6 Month 17-Nov-21 7943.80 -20.56% - -10.23% 55/55
YTD 31-Dec-21 8349.00 -16.51% - -8.04% 54/55
1 Year 17-May-21 10067.90 0.68% 0.68% 13.44% 52/55
2 Year 15-May-20 15692.40 56.92% 25.19% 39.51% 53/55
3 Year 17-May-19 14507.00 45.07% 13.19% 17.55% 42/53
5 Year 17-May-17 17761.10 77.61% 12.17% 11.81% 16/42
Since Inception 02-Jan-13 45141.90 351.42% 17.44% 14.52% 8/51

SIP Returns (NAV as on 17th May, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 17-May-21 12000 10480.68 -12.66 % -22.63 %
2 Year 15-May-20 24000 25268.19 5.28 % 5.04 %
3 Year 17-May-19 36000 41821.19 16.17 % 9.99 %
5 Year 17-May-17 60000 79077.1 31.8 % 10.99 %
 

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 30th Apr,2022)

Equity Holding : 98.02% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.02%
No of Stocks : 40 (Category Avg - 48.23) | Large Cap Investments : 63.63%| Mid Cap Investments : 17.88% | Small Cap Investments : 3.73% | Other : 12.78%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
Bajaj Finance Ltd. Nbfc 29678.1 9.38% -0.70% 10.64% (Aug 2021) 9.03% (May 2021) 44.48 L 0.00
Avenue Supermarts Ltd. Retailing 27162 8.58% -0.02% 9.86% (Nov 2021) 7.05% (May 2021) 68.86 L 0.00
Tata Consultancy Services Ltd. Computers - software 27156.9 8.58% -0.35% 9.21% (Jan 2022) 7.37% (Oct 2021) 76.57 L 0.00
Info Edge (India) Ltd. It enabled services – software 20094.7 6.35% 0.27% 7.93% (Sep 2021) 5.88% (May 2021) 43.20 L 0.00
Kotak Mahindra Bank Ltd. Banks 19514.2 6.16% 0.20% 6.7% (May 2021) 4.3% (Aug 2021) 1.09 Cr 0.00
Nestle India Ltd. Consumer food 16605.1 5.25% 0.45% 5.36% (May 2021) 4.8% (Mar 2022) 9.06 L 20.36 k
Divis Laboratories Ltd. Pharmaceuticals 16112.1 5.09% 0.18% 5.59% (Jul 2021) 4.45% (Jan 2022) 35.76 L 0.00
Pidilite Industries Ltd. Chemicals - speciality 14994.4 4.74% 0.03% 5% (Dec 2021) 4.49% (Nov 2021) 61.87 L 33.60 k
Torrent Power Ltd. Power 14498.3 4.58% 0.41% 4.61% (Jan 2022) 3.85% (Aug 2021) 2.72 Cr 0.00
Housing Development Finance Corporation Ltd. Housing finance 14135.9 4.47% -0.97% 5.53% (Feb 2022) 4.47% (Apr 2022) 63.40 L -9.53 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.96%
FD - Deutsche Bank AG FD 0.33%
Net Receivables Net Receivables -0.31%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th April, 2022)

  • Standard Deviation

    High volatility
    20.73vs20.48
    Category Avg
  • Beta

    High volatility
    0.9vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.59vs0.71
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.14vs0.16
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -0.26vs2.6
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 1316.08 -9.17 -1.96 -4.53 19.75 36.75
HDFC Tax Saver Fund - Direct Plan - Growth 2 9184.77 -6.35 -2.21 -6.75 18.75 12.14
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 584.91 -5.05 -3.97 -5.27 17.83 0.00
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3741.56 -8.42 -4.85 -7.34 16.25 20.29
Union Long Term Equity Fund - Direct Plan - Growth 4 497.04 -7.47 -5.70 -11.33 14.98 17.94
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 388.12 -8.60 -5.31 -6.56 14.40 18.24
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 4 461.74 -8.68 -6.41 -9.23 14.38 16.95
Kotak Tax Saver Scheme - Direct Plan - Growth 4 2670.33 -8.19 -4.52 -8.48 13.34 17.39
Sundaram Tax Saving Fund - Direct Plan - Growth 3 919.63 -7.68 -6.14 -10.28 13.29 15.51
Nippon India Tax Saver Fund - Direct Plan - Growth 2 11679.10 -7.94 -5.66 -8.98 12.81 11.27

More Funds from Axis Mutual Fund

Out of 52 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 3 is/are ranked 4 * , 12 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , and 33 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Bluechip Fund - Direct Plan - Growth 2 34908.93 -8.88 -9.12 -15.21 4.38 13.83
Axis Long Term Equity Fund - Direct Plan - Growth 1 31655.93 -11.17 -10.59 -20.56 0.68 13.19
Axis Liquid Fund - Direct Plan - Growth 4 28933.73 0.27 0.87 1.78 3.51 4.30
Axis Focused 25 Fund - Direct Plan - Growth 2 19146.19 -10.39 -10.24 -19.89 1.91 13.97
Axis Midcap Fund - Direct Plan - Growth 3 17678.92 -8.41 -5.61 -14.79 11.76 22.46
Axis Banking & PSU Debt Fund - Direct Plan - Growth 5 15080.80 -0.07 0.36 1.28 3.31 7.14
Axis Flexi Cap Fund - Direct Plan - Growth 3 10503.80 -9.62 -9.53 -16.86 6.99 15.15
Axis Short Term Fund - Direct Plan - Growth 4 10085.99 -0.25 -0.09 0.94 3.39 7.47
Axis Overnight Fund - Direct Plan - Growth NA 9563.20 0.31 0.87 1.74 3.38 3.76
Axis Small Cap Fund - Direct Plan - Growth 3 9261.23 -8.28 -4.67 -7.66 21.25 29.85

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