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Axis Long Term Equity Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 44.7576 0.48%
    (as on 22nd May, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 95.65% investment in indian stocks of which 64.88% is in large cap stocks, 28.13% is in mid cap stocks, 2.64% in small cap stocks.Fund has 1.04% investment in Debt of which , 1.04% in funds invested in very low risk securities..

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 3 in the previous quarter.

This Scheme
VS
  • Benchmark
    S&P BSE 200
  • NA
  • NA
  • Gold
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Returns (NAV as on 22nd May, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 15-May-19 10463.32 4.63% - 4.50% 28/67
1 Month 22-Apr-19 10216.02 2.16% - -0.21% 5/67
3 Month 22-Feb-19 10984.27 9.84% - 7.57% 5/67
6 Month 22-Nov-18 10900.38 9.00% - 6.03% 12/66
YTD 01-Apr-19 10181.81 1.82% - -1.18% 3/67
1 Year 22-May-18 10575.47 5.75% 5.75% -0.43% 10/63
2 Year 22-May-17 12655.97 26.56% 12.50% 5.54% 1/54
3 Year 20-May-16 15033.35 50.33% 14.53% 12.89% 13/47
5 Year 22-May-14 21179.21 111.79% 16.18% 12.63% 4/35
10 Year - - - - 13.42% -/-
Since Inception 29-Dec-09 44757.60 347.58% 17.28% - -/-

SIP Returns (NAV as on 22nd May,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 22-May-18 12000 12658.36 5.49 % 10.36 %
2 years 22-May-17 24000 26282.63 9.51 % 9.02 %
3 years 22-May-16 36000 43006.52 19.46 % 11.91 %
5 years 22-May-14 60000 81097.32 35.16 % 12.01 %
 

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,2019)

Portfolio Turnover Ratio : 68.00%  |   Category average turnover ratio is 39.67%  
Fund manager updated portfolio more frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for shorter duration than peers)
Equity Holding : 95.65% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 95.65%
No of Stocks : 31 (Category Avg - 45.39) | Large Cap Investments : 64.88%| Mid Cap Investments : 28.13% | Small Cap Investments : 2.64% | 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
Tata Consultancy Services Ltd. Computers - software 17332.6 9.07% 1.37% 7.65% (May 2018) 7.65% (May 2018) 76.68 L 4.15 L
Kotak Mahindra Bank Ltd. Banks 16034.2 8.39% 0.52% 6.59% (Oct 2018) 6.59% (Oct 2018) 1.16 Cr 4.49 L
Bajaj Finance Ltd. Nbfc 15806.3 8.27% 0.24% 4.99% (Sep 2018) 4.99% (Sep 2018) 51.05 L 1.00 L
HDFC Bank Ltd. Banks 15454.9 8.09% -0.11% 7.78% (May 2018) 7.78% (May 2018) 66.69 L 0.00
Pidilite Industries Ltd. Chemicals - speciality 13272.2 6.95% -0.26% 5.64% (Oct 2018) 5.64% (Oct 2018) 1.08 Cr -1.50 L
Gruh Finance Ltd. Housing finance 11047.4 5.78% 0.67% 3.01% (Jan 2019) 3.01% (Jan 2019) 3.48 Cr -1.60 L
Housing Development Finance Corporation Ltd. Housing finance 9071.5 4.75% 0.21% 4.54% (Mar 2019) 4.54% (Mar 2019) 45.47 L 2.00 L
Avenue Supermarts Ltd. Retailing 8502.6 4.45% -0.30% 3.7% (Sep 2018) 3.7% (Sep 2018) 65.63 L 4.75 L
Maruti Suzuki India Ltd. Passenger/utility vehicles 8359.9 4.37% -0.21% 4.37% (Apr 2019) 4.37% (Apr 2019) 12.54 L -0.40 L
Info Edge (India) Ltd. It enabled services – software 7820.2 4.09% 0.45% 2.09% (Jun 2018) 2.09% (Jun 2018) 40.45 L 3.25 L
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 2 (Category Avg - 0.18) | Modified Duration 0.00 Years (Category Avg - 1.81)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type
% Weight
Category Average
T-Bills 0.00% 0.01%
NCD & Bonds 0.00% 0.00%
CP 1.04% 0.03%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 1.04% 0.03%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
CBLO CBLO 3.36%
Net Receivables Net Receivables -0.05%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th April, 2019)

  • Standard Deviation

    High volatility
    13.52vs9.51
    Category Avg
  • Beta

    High volatility
    0.97vs0.67
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.6vs0.34
    Category Avg
  • Treynor's Ratio

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

    Better risk adjusted returns
    0.65vs-0.54
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Canara Robeco Equity Tax Saver - Regular Plan - Growth 5 947.82 1.11 9.20 10.90 10.62 14.78
Kotak Tax Saver Scheme - Growth 4 898.38 1.33 9.36 11.17 10.24 15.18
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 4 6273.40 0.48 9.72 8.45 9.63 13.26
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 1948.77 -0.05 7.66 8.35 9.18 20.52
Tata India Tax Savings Fund - Regular Plan - Growth NA 1790.25 2.49 9.65 12.16 6.84 15.04
DSP Tax Saver Fund - Regular Plan - Growth 3 5487.06 0.57 9.74 10.17 6.36 14.81
Quantum Tax Saving Fund - Growth NA 79.83 -1.48 4.23 5.53 5.85 0.00
Union Tax Saver Scheme - Growth 3 250.16 0.87 8.06 8.54 4.50 9.26
Quant Tax Plan - Growth NA 9.70 -0.26 7.56 3.11 4.30 12.08
DHFL Pramerica Long Term Equity Fund - Growth 4 327.59 1.05 8.36 8.86 4.20 13.57

More Funds from Axis Mutual Fund

Out of 55 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 3 is/are ranked 4 * , 8 is/are ranked 3 * , and 42 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Liquid Fund - Growth 3 30460.41 0.58 1.81 3.67 7.57 7.16
Axis Long Term Equity Fund - Growth 3 19108.72 2.16 9.84 9.00 5.75 14.53
Axis Focused 25 Fund - Growth 3 7584.22 2.79 10.47 9.60 3.21 17.18
Axis Banking & PSU Debt Fund - Growth 5 5275.78 0.82 2.31 5.39 9.56 7.84
Axis Bluechip Fund - Growth 4 5143.58 3.39 9.15 12.85 11.52 16.41
Axis Multicap Fund - Growth NA 3418.83 2.83 8.09 11.41 9.31 0.00
Axis Short Term Fund - Growth 3 2946.54 0.64 2.24 4.60 8.36 7.26
Axis Dynamic Equity Fund - Growth NA 2311.34 1.28 3.94 5.43 5.43 0.00
Axis Midcap Fund - Growth 5 2281.52 -0.25 5.04 6.79 4.43 14.33
Axis Arbitrage Fund - Growth NA 2209.46 0.47 1.48 2.78 6.25 6.12

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