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Axis Long Term Equity Fund - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 61.384 -0.57%
    (as on 27th January, 2023)
Crisil Rank
Relatively weak performance among peers
Risk-O-Meter
Very High

The fund has 99.28% investment in domestic equities of which 59.52% is in Large Cap stocks, 19.58% is in Mid Cap stocks, 4.39% 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 27th January, 2023)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 20-Jan-23 9858.60 -1.41% - -2.53% 5/63
1 Month 27-Dec-22 9410.70 -5.89% - -3.28% 59/60
3 Month 27-Oct-22 9293.40 -7.07% - -4.53% 59/61
6 Month 27-Jul-22 9703.00 -2.97% - 3.00% 59/60
YTD 30-Dec-22 9431.80 -5.68% - -3.43% 60/62
1 Year 27-Jan-22 8959.90 -10.40% -10.40% -0.23% 58/60
2 Year 27-Jan-21 10588.90 5.89% 2.90% 15.74% 59/60
3 Year 27-Jan-20 12282.20 22.82% 7.09% 15.25% 57/60
5 Year 25-Jan-18 14434.60 44.35% 7.60% 8.26% 30/50
10 Year 25-Jan-13 41638.90 316.39% 15.31% 13.03% 5/30
Since Inception 29-Dec-09 61384.00 513.84% 14.87% 12.56% 16/60

SIP Returns (NAV as on 27th January, 2023)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 27-Jan-22 12000 11276.13 -6.03 % -10.92 %
2 Year 27-Jan-21 24000 22276.67 -7.18 % -6.98 %
3 Year 27-Jan-20 36000 38178.55 6.05 % 3.85 %
5 Year 25-Jan-18 60000 71871.98 19.79 % 7.15 %
10 Year 25-Jan-13 120000 222362.8 85.3 % 11.85 %
 

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 31st Dec,2022)

Portfolio Turnover Ratio : 17.00%  |   Category average turnover ratio is 48.55%  
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 : 99.28% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 99.28%
No of Stocks : 39 (Category Avg - 47.22) | Large Cap Investments : 59.52%| Mid Cap Investments : 19.58% | Small Cap Investments : 4.39% | Other : 15.79%

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
Avenue Supermarts Ltd. Retailing 28414.8 9.32% 0.33% 9.72% (Sep 2022) 8.49% (Jun 2022) 69.84 L -0.67 L
Bajaj Finance Ltd. Nbfc 27326.9 8.97% 0.13% 10.27% (Jul 2022) 8.62% (Jun 2022) 41.56 L 0.00
Tata Consultancy Services Ltd. Computers - software 23535.9 7.72% 0.07% 9.21% (Jan 2022) 6.65% (Sep 2022) 72.27 L 1.00 L
Kotak Mahindra Bank Ltd. Banks 21542.2 7.07% -0.20% 7.27% (Nov 2022) 5.92% (Jan 2022) 1.18 Cr 0.00
Nestle India Ltd. Consumer food 18900.6 6.20% 0.16% 6.2% (Dec 2022) 4.8% (Mar 2022) 9.64 L 19.22 k
Info Edge (India) Ltd. It enabled services – software 17442.8 5.72% 0.11% 6.59% (Jan 2022) 5.3% (Sep 2022) 44.36 L 0.00
Pidilite Industries Ltd. Chemicals - speciality 16400 5.38% -0.25% 5.63% (Nov 2022) 4.7% (May 2022) 64.31 L -0.36 L
Housing Development Finance Corporation Ltd. Housing finance 16335.9 5.36% -0.02% 5.53% (Feb 2022) 4.47% (Apr 2022) 61.93 L -1.20 L
Divis Laboratories Ltd. Pharmaceuticals 14238.9 4.67% 0.43% 5.09% (Apr 2022) 4.24% (Nov 2022) 41.72 L 2.38 L
Bajaj Finserv Ltd Nbfc 14123.5 4.63% -0.07% 4.87% (Oct 2022) 3.56% (Jun 2022) 91.25 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 0.93%
Net Receivables Net Receivables -0.23%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th December, 2022)

  • Standard Deviation

    High volatility
    20.98vs20.47
    Category Avg
  • Beta

    High volatility
    0.93vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.24vs0.6
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.05vs0.14
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -5.98vs2.34
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
HDFC Tax Saver Fund - Growth 5 9992.81 -2.04 -1.26 8.15 10.38 15.50
Quantum Tax Saving Fund - Growth 3 115.49 -0.89 1.08 6.89 6.93 14.27
Parag Parikh Tax Saver Fund - Regular Plan - Growth 5 941.56 0.32 -1.18 9.36 6.91 22.06
SBI Long Term Equity Fund - Regular Plan - Growth 4 11923.53 -2.17 -0.93 7.15 5.95 15.95
Taurus Taxshield - Growth 2 62.54 -0.68 0.36 8.64 5.56 12.37
Quant Tax Plan - Growth 5 2506.48 -6.27 -6.88 4.03 4.75 33.19
Kotak Tax Saver Fund - Growth 4 3161.09 -3.74 -2.63 5.31 4.21 14.53
Nippon India Tax Saver Fund - Growth 3 11924.32 -3.72 -1.94 4.83 3.08 12.09
Tata India Tax Savings Fund - Regular Plan - Growth 3 3192.07 -3.61 -2.80 5.46 2.81 13.73
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 5 4025.95 -2.44 -2.35 5.32 2.60 20.11

More Funds from Axis Mutual Fund

Out of 71 mutual fund schemes offered by this AMC, 1 is/are ranked 5 * , 1 is/are ranked 4 * , 10 is/are ranked 3 * , 3 is/are ranked 2 * , 6 is/are ranked 1 * , and 50 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 35197.66 -4.41 -4.76 0.46 -5.60 9.13
Axis Long Term Equity Fund - Growth 1 30471.95 -5.89 -7.07 -2.97 -10.40 7.09
Axis Liquid Fund - Growth 3 29674.13 0.56 1.65 3.07 5.11 4.17
Axis Midcap Fund - Growth 2 19144.39 -3.84 -6.03 -1.13 -3.05 15.72
Axis Focused 25 Fund - Growth 1 16723.86 -7.20 -8.85 -6.25 -13.63 5.64
Axis Banking & PSU Debt Fund - Growth 3 13113.09 0.51 1.65 2.52 4.00 5.43
Axis Small Cap Fund - Growth 3 11390.24 -2.08 -2.66 5.74 2.73 22.04
Axis Flexi Cap Fund - Growth 1 10763.57 -4.83 -6.61 -0.41 -7.33 9.89
Axis Overnight Fund - Regular Plan - Growth NA 9326.55 0.52 1.51 2.89 4.87 3.76
Axis Growth Opportunities Fund - Growth NA 8257.39 -3.49 -5.15 -1.88 -6.47 15.42

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