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Axis Long Term Equity Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 52.3818 0.98%
    (as on 23rd October, 2020)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Moderately High

Fund has 98.56% investment in indian stocks of which 67.39% is in large cap stocks, 17.17% is in mid cap stocks, 5.75% 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 5 to 4 in the previous quarter.

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Returns (NAV as on 23rd October, 2020)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 16-Oct-20 10171.20 1.71% - 1.86% 36/63
1 Month 23-Sep-20 10617.60 6.18% - 5.21% 19/63
3 Month 23-Jul-20 10720.80 7.21% - 8.28% 35/63
6 Month 23-Apr-20 11826.80 18.27% - 27.10% 62/63
YTD 01-Jan-20 9834.70 -1.65% - 0.98% 41/63
1 Year 23-Oct-19 10101.50 1.02% 1.01% 4.51% 43/62
2 Year 23-Oct-18 12710.90 27.11% 12.72% 7.82% 12/60
3 Year 23-Oct-17 12513.80 25.14% 7.75% 2.07% 5/50
5 Year 23-Oct-15 16217.00 62.17% 10.14% 8.42% 9/36
Since Inception 02-Jan-13 34862.40 248.62% 17.34% 9.05% 3/57

SIP Returns (NAV as on 23rd October, 2020)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 23-Oct-19 12000 12967.22 8.06 % 15.22 %
2 Year 23-Oct-18 24000 26627.51 10.95 % 10.32 %
3 Year 23-Oct-17 36000 40696.89 13.05 % 8.12 %
5 Year 23-Oct-15 60000 78021.55 30.04 % 10.43 %
 

Tax Treatment

Portfolio (Updated on 30th Sep,2020)

Portfolio Turnover Ratio : 80.00%  |   Category average turnover ratio is 122.36%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 98.56% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.56%
No of Stocks : 34 (Category Avg - 46.80) | Large Cap Investments : 67.39%| Mid Cap Investments : 17.17% | Small Cap Investments : 5.75% | Other : 8.25%

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 18351.8 8.40% -0.34% 9.08% (Dec 2019) 5.1% (May 2020) 55.97 L 1.06 L
Tata Consultancy Services Ltd. Computers - software 17879.7 8.19% 1.42% 8.5% (May 2020) 5.58% (Jan 2020) 71.74 L 6.00 L
HDFC Bank Ltd. Banks 14998.7 6.87% -0.43% 7.92% (Nov 2019) 6% (Mar 2020) 1.39 Cr -4.15 L
Info Edge (India) Ltd. It enabled services – software 14285.8 6.54% 0.80% 6.54% (Sep 2020) 4.94% (Mar 2020) 39.30 L 79.00 k
Nestle India Ltd. Consumer food 14119.9 6.47% 0.13% 6.83% (Jul 2020) 4.2% (Nov 2019) 8.87 L 16.20 k
Kotak Mahindra Bank Ltd. Banks 13754 6.30% -1.05% 8.69% (Jan 2020) 6.3% (Sep 2020) 1.08 Cr -6.47 L
Maruti Suzuki India Ltd. Passenger/utility vehicles 12885 5.90% -0.19% 6.09% (Aug 2020) 4.05% (Mar 2020) 19.11 L -0.38 L
Avenue Supermarts Ltd. Retailing 11517.2 5.27% 0.32% 9.85% (Mar 2020) 4.67% (Jul 2020) 52.28 L 4.08 L
Pidilite Industries Ltd. Chemicals - speciality 9925.4 4.55% 0.12% 5.72% (Feb 2020) 3.69% (Jul 2020) 69.20 L 0.00
Divis Laboratories Ltd. Pharmaceuticals 9633.3 4.41% -0.41% 4.82% (Aug 2020) 1.33% (Oct 2019) 31.61 L -2.17 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.71%
Net Receivables Net Receivables -0.27%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2020)

  • Standard Deviation

    High volatility
    18.9vs17.48
    Category Avg
  • Beta

    High volatility
    0.89vs0.81
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.22vs-0.07
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.05vs-0.02
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    1.32vs-2.27
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth NA 16.64 3.72 19.22 50.47 25.14 9.77
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 70.16 3.42 13.15 41.79 19.49 0.00
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 309.08 5.67 12.26 27.86 18.83 7.27
Canara Robeco Equity Tax Saver - Direct Plan - Growth 5 1180.76 5.98 10.64 27.77 14.14 10.93
Mirae Asset Tax Saver Fund - Direct Plan - Growth 4 4270.45 7.28 10.83 33.23 12.72 9.56
UTI Long Term Equity Fund (Tax Saving) - Direct Plan - Growth 4 1338.13 7.73 7.93 26.56 8.95 4.91
Union Long Term Equity Fund - Direct Plan - Growth 3 270.02 6.59 8.53 27.86 8.79 5.58
Shriram Long Term Equity Fund - Direct Plan - Growth NA 28.03 5.71 4.55 22.34 7.72 0.00
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 5 441.44 6.84 7.63 23.91 7.53 5.09
Invesco India Tax Plan - Direct Plan - Growth 4 1133.52 4.79 6.62 25.30 6.54 7.41

More Funds from Axis Mutual Fund

Out of 48 mutual fund schemes offered by this AMC, 3 is/are ranked 5 * , 3 is/are ranked 4 * , 7 is/are ranked 3 * , 2 is/are ranked 2 * , and 33 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 3 24816.55 0.30 0.85 1.86 4.77 6.40
Axis Long Term Equity Fund - Direct Plan - Growth 4 21835.55 6.18 7.21 18.27 1.01 7.75
Axis Banking & PSU Debt Fund - Direct Plan - Growth 3 17590.73 1.01 1.56 5.58 10.07 9.48
Axis Bluechip Fund - Direct Plan - Growth 5 17270.02 6.11 6.11 18.61 4.83 11.02
Axis Focused 25 Fund - Direct Plan - Growth 3 11454.82 5.70 6.99 22.11 3.08 7.97
Axis Treasury Advantage Fund - Direct Plan - Growth 3 8146.49 0.68 1.39 4.29 8.01 8.26
Axis Short Term Fund - Direct Plan - Growth 3 8114.72 1.19 1.74 5.98 11.11 9.15
Axis Midcap Fund - Direct Plan - Growth 5 6731.64 3.68 9.94 23.91 12.35 11.78
Axis Multicap Fund - Direct Plan - Growth NA 6366.65 5.34 5.76 16.90 3.03 0.00
Axis Overnight Fund - Direct Plan - Growth NA 5347.45 0.26 0.78 1.56 3.78 0.00

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