you are here:

Axis Long Term Equity Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 76.3457 1.58%
    (as on 26th October, 2021)
Invest Now
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High

Fund has 99.62% investment in indian stocks of which 64.63% is in large cap stocks, 19.41% is in mid cap stocks, 4.47% 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.

This Scheme
VS
  • Benchmark
    S&P BSE 200 TRI
  • NA
  • NA
  • Gold
Compare with
  • Date : -
  • NAV : -
  • S&P BSE 200 TRI : -
  • Date : -
  • Investment : -
  • Value on selected date : -
  • Returns Calculator
  • SIP Calculator
  • VIP (Value Avg)
Amount
  • Investment Date
  • Sell Date
  • Investment Value
    -
  • Sell Value
    -
  • Profit/Loss
    -
  • Annualised Returns
    -
  • Date : -
  • Investment : -
  • Value on selected date : -

Returns (NAV as on 26th October, 2021)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 19-Oct-21 9722.10 -2.78% - -1.29% 55/60
1 Month 24-Sep-21 9875.00 -1.25% - 2.41% 60/60
3 Month 26-Jul-21 11228.20 12.28% - 11.50% 25/60
6 Month 26-Apr-21 12666.40 26.66% - 29.93% 44/60
YTD 01-Jan-21 12800.60 28.01% - 40.24% 54/60
1 Year 26-Oct-20 15954.10 59.54% 59.54% 66.88% 42/60
2 Year 25-Oct-19 15909.70 59.10% 26.05% 30.71% 40/60
3 Year 26-Oct-18 19634.60 96.35% 25.19% 24.15% 20/57
5 Year 26-Oct-16 22701.30 127.01% 17.81% 15.62% 9/43
10 Year 25-Oct-11 61809.90 518.10% 19.96% 16.08% 1/27
Since Inception 29-Dec-09 76345.70 663.46% 18.74% 16.44% 16/58

SIP Returns (NAV as on 26th October, 2021)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 26-Oct-20 12000 14927.97 24.4 % 48.04 %
2 Year 25-Oct-19 24000 35211.11 46.71 % 41.72 %
3 Year 26-Oct-18 36000 56450.13 56.81 % 31.47 %
5 Year 26-Oct-16 60000 104724.53 74.54 % 22.44 %
10 Year 25-Oct-11 120000 349745.36 191.45 % 20.28 %
 

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 Sep,2021)

Portfolio Turnover Ratio : 42.00%  |   Category average turnover ratio is 88.05%  
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 : 99.62% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.62%
No of Stocks : 36 (Category Avg - 48.97) | Large Cap Investments : 64.63%| Mid Cap Investments : 19.41% | Small Cap Investments : 4.47% | Other : 11.11%

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 35244.2 10.25% -0.39% 10.64% (Aug 2021) 8.26% (Oct 2020) 45.96 L -1.94 L
Avenue Supermarts Ltd. Retailing 29485.5 8.58% 0.48% 8.58% (Sep 2021) 5.16% (Nov 2020) 69.37 L 0.00
Tata Consultancy Services Ltd. Computers - software 28132.2 8.18% -0.15% 8.33% (Aug 2021) 6.87% (Feb 2021) 74.51 L 0.00
Info Edge (India) Ltd. It enabled services – software 27244.1 7.93% 0.20% 7.93% (Sep 2021) 5.85% (Mar 2021) 42.36 L 0.00
Housing Development Finance Corporation Ltd. Housing finance 18119.7 5.27% 0.08% 5.76% (Dec 2020) 4.12% (Oct 2020) 65.79 L 3.00 L
Divis Laboratories Ltd. Pharmaceuticals 17425.2 5.07% -0.32% 5.59% (Jul 2021) 3.89% (Feb 2021) 36.31 L 1.00 L
Nestle India Ltd. Consumer food 16838.1 4.90% -0.02% 6.77% (Oct 2020) 4.89% (Jul 2021) 8.66 L 10.00 k
HDFC Bank Ltd. Banks 16728.6 4.87% -0.03% 7.91% (Nov 2020) 4.4% (Jul 2021) 1.05 Cr 0.00
Pidilite Industries Ltd. Chemicals - speciality 16125 4.69% 0.13% 4.83% (Jul 2021) 4.06% (Feb 2021) 67.70 L 0.00
Kotak Mahindra Bank Ltd. Banks 16038 4.67% 0.37% 7.79% (Oct 2020) 4.3% (Aug 2021) 79.97 L -3.00 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 0.60%
Net Receivables Net Receivables -0.22%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th September, 2021)

  • Standard Deviation

    High volatility
    19.76vs19.05
    Category Avg
  • Beta

    High volatility
    0.89vs0.85
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.93vs0.83
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.21vs0.19
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    3.49vs2.47
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Growth 5 433.15 3.63 7.71 33.41 92.45 38.65
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 3439.01 4.92 13.05 31.36 83.25 25.66
Franklin India Taxshield Fund - Growth 3 5020.57 6.08 15.15 31.93 73.12 21.34
Nippon India Tax Saver Fund - Growth 1 12466.99 3.35 15.03 29.09 72.95 17.30
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 4 419.70 1.55 12.07 29.39 69.62 22.30
DSP Tax Saver Fund - Regular Plan - Growth 4 9755.66 2.20 9.87 28.78 68.90 27.28
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 3 10028.81 2.83 15.46 30.55 68.34 22.61
Baroda ELSS - 96 - Plan A - Growth 3 217.67 3.63 15.68 33.36 67.40 23.80
JM Tax Gain Fund - Growth 3 65.33 2.26 14.90 30.05 66.29 26.58
BOI AXA Tax Advantage Fund - Regular Plan - Growth 5 517.49 -0.53 8.56 28.15 65.83 31.79

More Funds from Axis Mutual Fund

Out of 56 mutual fund schemes offered by this AMC, 6 is/are ranked 4 * , 12 is/are ranked 3 * , 2 is/are ranked 2 * , and 36 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Long Term Equity Fund - Growth 3 34370.78 -2.78 10.46 25.43 55.70 24.38
Axis Bluechip Fund - Growth 4 33153.71 -0.40 12.26 26.38 48.03 24.51
Axis Liquid Fund - Growth 3 24318.28 0.25 0.80 1.61 3.18 4.97
Axis Focused 25 Fund - Growth 3 20333.87 -1.73 12.91 28.49 56.49 24.27
Axis Banking & PSU Debt Fund - Growth 3 16744.56 0.15 0.85 2.09 3.90 8.59
Axis Midcap Fund - Growth 3 15394.86 -0.92 9.82 27.78 61.23 28.34
Axis Short Term Fund - Growth 3 12338.35 0.15 1.13 2.39 4.14 8.27
Axis Treasury Advantage Fund - Growth 3 10509.25 0.24 0.93 2.02 3.97 6.98
Axis Flexi Cap Fund - Growth 3 9970.29 -0.66 12.02 29.35 54.82 25.22
Axis Overnight Fund - Regular Plan - Growth NA 9944.16 0.26 0.77 1.56 3.07 0.00

Forum

+ See More