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Axis Long Term Equity Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 43.0769 -0.6%
    (as on 20th March, 2019)
Crisil Rank
Very good performance among peers
Risk-O-Meter
Moderately High
Buy Recommended
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 97.58% investment in indian stocks of which 67.91% is in large cap stocks, 26.93% is in mid cap stocks, 2.74% 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 4 to 5 in the previous quarter.

Fund Review : Check out detailed fund review by our expert.

This Scheme
VS
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    S&P BSE 200
  • NA
  • NA
  • Gold
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Returns (NAV as on 20th March, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 13-Mar-19 9938.79 -0.61% - 0.74% 47/69
1 Month 20-Feb-19 10576.05 5.76% - 9.80% 61/69
3 Month 20-Dec-18 9925.94 -0.74% - 2.35% 66/68
6 Month 21-Sep-18 9887.82 -1.12% - -0.50% 46/67
YTD 02-Apr-18 10471.32 4.71% - 0.92% 10/65
1 Year 20-Mar-18 10826.20 8.26% 8.26% 1.55% 5/61
2 Year 20-Mar-17 12601.44 26.01% 12.26% 7.89% 4/52
3 Year 21-Mar-16 14827.41 48.27% 14.04% 14.51% 23/46
5 Year 20-Mar-14 23196.41 131.96% 18.32% 15.67% 4/36
10 Year - - - - 17.91% -/-
Since Inception 29-Dec-09 43076.90 330.77% 17.15% - -/-

SIP Returns (NAV as on 20th Mar,2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 year 20-Mar-18 12000 12246.16 2.05 % 3.84 %
2 years 20-Mar-17 24000 25759.65 7.33 % 6.98 %
3 years 20-Mar-16 36000 42331.57 17.59 % 10.82 %
5 years 20-Mar-14 60000 80561.51 34.27 % 11.74 %
 

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 28th Feb,2019)

Equity Holding : 97.58% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.58%
No of Stocks : 32 (Category Avg - 44.14) | Large Cap Investments : 67.91%| Mid Cap Investments : 26.93% | Small Cap Investments : 2.74% | 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 15278.7 8.77% -0.31% 9.92% (Sep 2018) 5.43% (Mar 2018) 77.03 L 0.00
HDFC Bank Ltd. Banks 13855 7.95% -0.17% 9.87% (Jun 2018) 6.96% (Apr 2018) 66.69 L 0.00
Kotak Mahindra Bank Ltd. Banks 13483.6 7.74% 0.62% 7.78% (Jun 2018) 6.59% (Oct 2018) 1.11 Cr 14.19 L
Bajaj Finance Ltd. Nbfc 13428.2 7.71% 0.57% 7.71% (Feb 2019) 4.84% (Apr 2018) 50.69 L 3.30 L
Pidilite Industries Ltd. Chemicals - speciality 12976.7 7.45% 0.07% 7.45% (Feb 2019) 5.64% (Oct 2018) 1.13 Cr 0.00
Maruti Suzuki India Ltd. Passenger/utility vehicles 9352 5.37% 0.27% 5.77% (Nov 2018) 4.38% (Sep 2018) 13.69 L 57.00 k
Avenue Supermarts Ltd. Retailing 8862.9 5.09% 0.86% 5.09% (Feb 2019) 3.7% (Sep 2018) 60.88 L 8.29 L
Housing Development Finance Corporation Ltd. Housing finance 8648.1 4.96% -0.27% 7% (Mar 2018) 4.84% (Oct 2018) 46.97 L 50.00 k
Torrent Power Ltd. Power 7285.5 4.18% 0.30% 4.18% (Feb 2019) 2.69% (Sep 2018) 3.00 Cr 32.00 L
Info Edge (India) Ltd. It enabled services – software 6836.1 3.92% 0.24% 3.92% (Feb 2019) 2.09% (Jun 2018) 38.20 L 2.22 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
Net Receivables Net Receivables 1.30%
CBLO CBLO 1.12%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 28th February, 2019)

  • Standard Deviation

    High volatility
    14.66vs10.18
    Category Avg
  • Beta

    High volatility
    0.96vs0.66
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.39vs0.24
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.06vs0.04
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    -0.27vs-0.51
    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 4 850.96 8.80 3.68 2.90 13.54 15.66
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 1381.14 9.50 3.81 3.49 11.86 22.31
Essel Long Term Advantage Fund - Growth 3 53.50 8.65 2.90 2.77 9.68 14.53
Kotak Tax Saver Scheme - Growth 4 791.31 8.85 3.61 2.83 9.31 15.38
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 4 5614.47 10.20 2.74 -0.50 8.83 13.95
Quantum Tax Saving Fund - Growth NA 74.03 8.00 1.09 1.03 8.79 0.00
Invesco India Tax Plan - Growth 4 712.10 8.60 2.96 -0.45 8.37 15.50
Franklin India Taxshield Fund - Growth 3 3665.56 9.52 3.44 0.74 8.15 12.18
DSP Tax Saver Fund - Regular Plan - Growth 3 4740.49 11.18 5.22 3.40 7.47 16.09
Taurus Taxshield - Growth 5 61.26 7.99 3.20 -1.06 6.86 17.68

More Funds from Axis Mutual Fund

Out of 53 mutual fund schemes offered by this AMC, 6 is/are ranked 5 * , 5 is/are ranked 4 * , 1 is/are ranked 3 * , 1 is/are ranked 2 * , and 40 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Liquid Fund - Growth 4 28009.79 0.54 1.76 3.68 7.52 7.22
Axis Long Term Equity Fund - Growth 5 17425.59 7.60 -0.35 -1.53 9.13 14.90
Axis Focused 25 Fund - Growth 5 6761.67 7.86 -0.74 -3.76 8.90 17.95
Axis Short Term Fund - Growth 4 4382.81 1.00 2.30 4.79 7.18 7.43
Axis Bluechip Fund - Growth 5 4220.99 5.54 2.49 2.30 15.19 15.99
Axis Banking & PSU Debt Fund - Growth 5 3160.54 1.36 3.12 6.56 8.74 8.04
Axis Multicap Fund - Growth NA 3025.34 5.26 1.91 1.91 13.94 0.00
Axis Dynamic Equity Fund - Growth NA 2339.17 2.74 1.40 0.56 6.46 0.00
Axis Arbitrage Fund - Growth NA 2276.17 0.35 1.25 3.14 5.83 6.06
Axis Equity Hybrid Fund - Growth NA 2151.33 5.91 1.42 2.66 0.00 0.00

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