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Axis Long Term Equity Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 67.8133 0.39%
    (as on 08th August, 2022)
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Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Very High

The fund has 97.97% investment in domestic equities of which 63.92% is in Large Cap stocks, 17.35% is in Mid Cap stocks, 3.63% 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.

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Returns (NAV as on 08th August, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 01-Aug-22 10159.60 1.60% - 0.80% 9/58
1 Month 08-Jul-22 11055.30 10.55% - 7.72% 1/58
3 Month 06-May-22 10836.30 8.36% - 7.98% 10/58
6 Month 08-Feb-22 9778.10 -2.22% - -0.78% 51/58
YTD 31-Dec-21 9172.20 -8.28% - -0.71% 57/58
1 Year 06-Aug-21 9797.00 -2.03% -2.02% 6.84% 56/58
2 Year 07-Aug-20 14794.80 47.95% 21.60% 31.09% 50/58
3 Year 08-Aug-19 15384.40 53.84% 15.43% 20.83% 50/57
5 Year 08-Aug-17 17623.60 76.24% 11.99% 11.78% 18/46
10 Year 08-Aug-12 51317.70 413.18% 17.76% 15.01% 2/28
Since Inception 29-Dec-09 67813.30 578.13% 16.38% 14.02% 14/56

SIP Returns (NAV as on 08th August, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 06-Aug-21 12000 11757.64 -2.02 % -3.71 %
2 Year 07-Aug-20 24000 26145.22 8.94 % 8.46 %
3 Year 08-Aug-19 36000 44130.01 22.58 % 13.67 %
5 Year 08-Aug-17 60000 82948.3 38.25 % 12.91 %
10 Year 08-Aug-12 120000 265795.5 121.5 % 15.19 %
 

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 Jun,2022)

Portfolio Turnover Ratio : 20.00%  |   Category average turnover ratio is 74.18%  
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 : 97.97% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.97%
No of Stocks : 41 (Category Avg - 47.54) | Large Cap Investments : 63.92%| Mid Cap Investments : 17.35% | Small Cap Investments : 3.63% | Other : 13.07%

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 23820.1 8.62% -0.66% 10.64% (Aug 2021) 8.62% (Jun 2022) 44.11 L -1.01 L
Avenue Supermarts Ltd. Retailing 23456 8.49% -0.76% 9.86% (Nov 2021) 7.83% (Jul 2021) 68.86 L 0.00
Tata Consultancy Services Ltd. Computers - software 21417.4 7.75% -0.73% 9.21% (Jan 2022) 7.37% (Oct 2021) 65.55 L -9.00 L
Kotak Mahindra Bank Ltd. Banks 18350.6 6.64% -0.26% 6.9% (May 2022) 4.3% (Aug 2021) 1.10 Cr 0.00
Info Edge (India) Ltd. It enabled services – software 16149.4 5.85% -0.23% 7.93% (Sep 2021) 5.85% (Jun 2022) 42.96 L -0.24 L
Nestle India Ltd. Consumer food 16086.2 5.82% 0.39% 5.82% (Jun 2022) 4.8% (Mar 2022) 9.21 L 12.47 k
Housing Development Finance Corporation Ltd. Housing finance 14414.1 5.22% 0.04% 5.53% (Feb 2022) 4.47% (Apr 2022) 66.40 L 0.00
Divis Laboratories Ltd. Pharmaceuticals 13661.3 4.94% 0.60% 5.59% (Jul 2021) 4.34% (May 2022) 37.63 L 1.87 L
Pidilite Industries Ltd. Chemicals - speciality 13164.4 4.76% 0.06% 5% (Dec 2021) 4.49% (Nov 2021) 62.99 L 1.12 L
Torrent Power Ltd. Power 12282 4.45% 0.26% 4.61% (Jan 2022) 3.85% (Aug 2021) 2.72 Cr 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.08%
Net Receivables Net Receivables -0.05%

Risk Ratios

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

  • Standard Deviation

    High volatility
    21.26vs20.71
    Category Avg
  • Beta

    High volatility
    0.91vs0.9
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.52vs0.75
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.12vs0.17
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.42vs2.21
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Tax Saver Fund - Growth 4 8715.76 6.70 8.86 4.72 14.29 17.26
Parag Parikh Tax Saver Fund - Regular Plan - Growth NA 617.75 4.97 5.22 -0.54 11.08 23.01
Quant Tax Plan - Growth 5 1370.20 9.24 5.65 0.60 10.92 37.78
Sundaram Tax Saving Fund - Growth 3 854.18 6.40 8.23 -1.28 9.36 19.17
Tata India Tax Savings Fund - Regular Plan - Growth 3 2743.28 8.02 8.97 0.03 9.20 17.36
Nippon India Tax Saver Fund - Growth 3 10710.88 7.57 8.14 0.38 9.16 17.15
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3399.14 6.80 5.74 -2.20 8.55 23.57
Kotak Tax Saver Fund - Growth 4 2528.82 7.86 7.77 -0.73 8.08 19.50
Union Long Term Equity Fund - Growth 4 478.56 8.03 8.76 0.84 7.97 21.40
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 435.37 8.09 9.41 -0.21 7.87 20.38

More Funds from Axis Mutual Fund

Out of 66 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 5 is/are ranked 4 * , 6 is/are ranked 3 * , 3 is/are ranked 2 * , 5 is/are ranked 1 * , and 45 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Bluechip Fund - Growth 1 32322.11 8.62 8.49 -2.50 1.66 14.51
Axis Long Term Equity Fund - Growth 1 27627.69 10.55 9.31 -3.30 -1.73 14.80
Axis Liquid Fund - Growth 4 22425.81 0.40 1.19 2.06 3.78 4.07
Axis Focused 25 Fund - Growth 1 16702.40 9.71 7.65 -4.59 -2.37 14.45
Axis Midcap Fund - Growth 3 16566.73 8.30 9.17 -0.29 5.46 24.12
Axis Banking & PSU Debt Fund - Growth 5 14331.02 0.36 1.13 1.60 3.12 6.00
Axis Overnight Fund - Regular Plan - Growth NA 11356.56 0.41 1.13 1.98 3.65 3.62
Axis Flexi Cap Fund - Growth 1 9696.34 8.67 8.09 -3.63 1.18 15.63
Axis Small Cap Fund - Growth 3 8955.50 7.17 5.96 -0.47 10.25 29.32
Axis Growth Opportunities Fund - Growth NA 7070.61 10.89 9.82 -1.02 6.02 23.34

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