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Axis Long Term Equity Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
Fund House : Axis Mutual Fund
  • NAV
    : ₹ 81.8537 -1.39%
    (as on 19th January, 2022)
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Crisil Rank
Below average performance among peers
Risk-O-Meter
Very High

Fund has 98.31% investment in indian stocks of which 64.43% is in large cap stocks, 18.42% is in mid cap stocks, 3.68% 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 3 to 2 in the previous quarter.

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Returns (NAV as on 19th January, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 12-Jan-22 9789.30 -2.11% - -0.96% 54/57
1 Month 17-Dec-21 10274.20 2.74% - 5.93% 57/57
3 Month 19-Oct-21 9501.90 -4.98% - 0.55% 56/57
6 Month 19-Jul-21 11062.20 10.62% - 14.13% 51/57
YTD 31-Dec-21 10075.50 0.75% - 3.45% 56/57
1 Year 19-Jan-21 12561.10 25.61% 25.61% 38.97% 49/57
2 Year 17-Jan-20 15034.20 50.34% 22.51% 28.47% 41/57
3 Year 18-Jan-19 18462.40 84.62% 22.63% 22.89% 28/54
5 Year 19-Jan-17 25043.40 150.43% 20.14% 17.67% 9/42
Since Inception 02-Jan-13 54477.20 444.77% 20.60% 17.46% 7/53

SIP Returns (NAV as on 19th January, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 19-Jan-21 12000 13438.99 11.99 % 22.84 %
2 Year 17-Jan-20 24000 33184.05 38.27 % 34.54 %
3 Year 18-Jan-19 36000 53677.74 49.1 % 27.68 %
5 Year 19-Jan-17 60000 100891.14 68.15 % 20.88 %
 

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,2021)

Portfolio Turnover Ratio : 35.00%  |   Category average turnover ratio is 73.78%  
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 : 98.31% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.31%
No of Stocks : 34 (Category Avg - 48.91) | Large Cap Investments : 64.43%| Mid Cap Investments : 18.42% | Small Cap Investments : 3.68% | Other : 11.78%

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 31647.4 9.37% -0.49% 9.86% (Nov 2021) 6.84% (Jan 2021) 67.75 L -2.40 L
Bajaj Finance Ltd. Nbfc 31437.9 9.31% -0.14% 10.64% (Aug 2021) 8.76% (Jan 2021) 45.06 L -0.22 L
Tata Consultancy Services Ltd. Computers - software 29620.2 8.77% 0.43% 8.77% (Dec 2021) 6.87% (Feb 2021) 79.23 L 0.00
Info Edge (India) Ltd. It enabled services – software 23263.1 6.89% -0.42% 7.93% (Sep 2021) 5.85% (Mar 2021) 41.71 L -0.50 L
Nestle India Ltd. Consumer food 17359 5.14% 0.19% 5.43% (Jan 2021) 4.81% (Oct 2021) 8.81 L 15.00 k
Kotak Mahindra Bank Ltd. Banks 17147.8 5.08% -0.27% 6.79% (Apr 2021) 4.3% (Aug 2021) 95.47 L 4.00 L
Housing Development Finance Corporation Ltd. Housing finance 16922.8 5.01% -0.21% 5.64% (Feb 2021) 4.71% (Jul 2021) 65.43 L 0.00
Pidilite Industries Ltd. Chemicals - speciality 16879.1 5.00% 0.51% 5% (Dec 2021) 4.06% (Feb 2021) 68.54 L 25.00 k
Divis Laboratories Ltd. Pharmaceuticals 16592 4.91% -0.36% 5.59% (Jul 2021) 3.89% (Feb 2021) 35.47 L -0.75 L
Torrent Power Ltd. Power 15040.8 4.45% 0.07% 4.45% (Dec 2021) 3.15% (Jan 2021) 2.72 Cr 5.00 L
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 1.94%
Net Receivables Net Receivables -0.25%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st December, 2021)

  • Standard Deviation

    High volatility
    19.73vs19.31
    Category Avg
  • Beta

    High volatility
    0.89vs0.88
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.83vs0.85
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.18vs0.19
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    2.31vs2.5
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 658.11 6.02 1.84 13.89 59.42 38.75
Sundaram Tax Saving Fund - Direct Plan - Growth (Adjusted NAV) NA 933.92 20.81 13.02 31.43 53.66 24.96
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3532.70 7.45 1.16 16.55 49.33 25.69
Mahindra Manulife ELSS Kar Bachat Yojana - Direct Plan - Growth 5 429.44 6.47 0.38 15.01 40.46 22.45
BOI AXA Tax Advantage Fund - Direct Plan - Growth 5 552.46 4.34 -2.40 11.40 40.03 31.07
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 4 342.34 7.69 4.07 17.12 38.70 23.77
Nippon India Tax Saver Fund - Direct Plan - Growth 1 12023.75 6.36 -1.37 15.44 37.72 14.66
Baroda ELSS - 96 - Plan B (Direct) - Growth 4 216.70 4.87 -2.53 17.17 37.18 21.77
Kotak Tax Saver Scheme - Direct Plan - Growth 4 2417.76 6.16 2.98 13.81 35.59 23.21
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 375.27 3.65 -1.28 14.19 35.53 0.00

More Funds from Axis Mutual Fund

Out of 51 mutual fund schemes offered by this AMC, 2 is/are ranked 4 * , 13 is/are ranked 3 * , 4 is/are ranked 2 * , and 32 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Bluechip Fund - Direct Plan - Growth 2 34583.67 4.34 -2.57 13.19 23.10 22.20
Axis Long Term Equity Fund - Direct Plan - Growth 2 33784.80 2.74 -4.98 10.62 25.61 22.63
Axis Liquid Fund - Direct Plan - Growth 2 23317.57 0.30 0.88 1.72 3.40 4.71
Axis Focused 25 Fund - Direct Plan - Growth 3 20426.88 2.43 -6.06 12.12 24.92 23.18
Axis Midcap Fund - Direct Plan - Growth 3 16835.10 2.99 -2.51 13.74 40.44 28.61
Axis Banking & PSU Debt Fund - Direct Plan - Growth 2 15960.22 0.30 0.84 1.78 4.22 7.98
Axis Short Term Fund - Direct Plan - Growth 3 13768.06 0.26 0.85 2.17 4.56 8.36
Axis Flexi Cap Fund - Direct Plan - Growth 3 10984.27 3.80 -1.68 15.61 30.62 24.18
Axis Overnight Fund - Direct Plan - Growth NA 9000.23 0.29 0.85 1.64 3.23 0.00
Axis Treasury Advantage Fund - Direct Plan - Growth 3 8357.84 0.38 0.92 1.95 4.27 6.83

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