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Axis Long Term Equity Fund

Axis Long Term Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

10.36

as on 20 May 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,445 today.

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NAV Performance

Axis Long Term Equity Fund performance graph for last 3 years
Performance of Axis Long Term Equity Fund for last 3 Years

Fund Information

  • ₹ 60.630

    as on 20 May 2022
  • Regular - Growth

  • 8 / 37

  • ₹ 500

  • ₹ 33,529 Cr.

    as on 31 Dec 2021
  • 1.58%

  • 29 Dec 2009

  • Equity - ELSS

  • Nifty 500 TRI

  • Axis Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

Axis Long Term Equity Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 29 Dec 2009. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Equity funds offered by Axis Mutual Fund.

Latest NAV of the fund is ₹ 60.630 as on 20 May 2022.

This fund has 12 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.58%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

To generate income and long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities.

List of Fund Managers of Axis Long Term Equity Fund

  • About Jinesh Gopani

    Picture of Jinesh GopaniJinesh Gopani is the Head of Equity at Axis AMC. He joined Axis AMC in 2009 as an Equity Fund Manager and worked his way to Head of Equity in 2016. He currently manages the flagship Axis Long Term Equity Fund amongst other funds. Prior to Axis AMC, Jinesh was associated with Birla Sunlife AMC as a Portfolio Manager, where he was responsible for alternative assets across the growth, value and dividend basket. He was associated with this company from June 2008 to October 2009. He was also associated with Voyager India Capital as a Sr. Research Analyst responsible for the BFSI & Infrastructure sector and held a sectorial portfolio manager role for investments. He was with Voyager India Capital from February 2006 to May 2008.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best -3.43% -0.65% -3.17% 18.13% 64.42% 32.94% 21.41% 20.33% 6.77% 39.70% 41.03% 28.77% 22.94%
Category Average -6.44% -6.47% -10.47% 7.92% 34.52% 13.12% 10.46% 15.26% -8.03% 15.17% 16.42% 12.60% 13.46%
Axis Long Term Equity Fund -10.38%₹ 8,962 -11.32%₹ 8,867 -21.20%₹ 7,880 -3.13%₹ 9,686 -23.82%₹ 10,399 23.47%₹ 15,245 3.00%₹ 24,750 10.36%₹ 13,445 8.05%₹ 40,648 11.24%₹ 17,041 9.49%₹ 76,189 17.49%₹ 50,189 13.92%₹ 2,48,295
DSP Tax Saver Fund -6.60%₹ 9,340 -5.88%₹ 9,411 -8.95%₹ 9,104 7.86%₹ 10,785 -7.20%₹ 11,530 37.36%₹ 18,868 18.06%₹ 28,643 15.78%₹ 15,525 18.92%₹ 47,531 12.03%₹ 17,659 14.97%₹ 87,261 17.41%₹ 49,849 15.49%₹ 2,70,073
Mirae Asset Tax Saver Fund -6.41%₹ 9,358 -6.22%₹ 9,377 -10.31%₹ 8,969 7.86%₹ 10,786 -7.59%₹ 11,504 40.94%₹ 19,865 17.68%₹ 28,543 17.48%₹ 16,219 19.93%₹ 48,209 15.06%₹ 20,177 16.58%₹ 90,766 - -
Quant Tax Plan -6.67%₹ 9,332 -0.65%₹ 9,935 -3.17%₹ 9,683 18.13%₹ 11,813 6.77%₹ 12,433 64.42%₹ 27,032 39.70%₹ 34,589 32.94%₹ 23,510 41.03%₹ 63,855 21.41%₹ 26,404 28.77%₹ 1,21,794 20.33%₹ 63,771 22.94%₹ 4,03,583
BOI AXA Tax Advantage Fund -8.01%₹ 9,198 -7.33%₹ 9,267 -14.21%₹ 8,578 6.40%₹ 10,640 -13.77%₹ 11,091 36.28%₹ 18,571 14.93%₹ 27,817 20.44%₹ 17,477 20.11%₹ 48,329 14.80%₹ 19,950 16.18%₹ 89,893 16.42%₹ 45,813 15.42%₹ 2,68,964
Canara Robeco Equity Tax Saver Fund -6.00%₹ 9,400 -8.36%₹ 9,164 -12.29%₹ 8,770 6.57%₹ 10,656 -10.47%₹ 11,313 34.64%₹ 18,126 14.71%₹ 27,760 16.73%₹ 15,911 18.31%₹ 47,129 14.15%₹ 19,395 16.01%₹ 89,510 15.64%₹ 42,818 14.84%₹ 2,60,775

Portfolio Holdings

Portfolio holdings pattern of Axis Long Term Equity Fund as on 23 May 2022 are listed below:

  • Equity Holdings:

    98.31%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.69%

Top Sector Holdings of Axis Long Term Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
NBFC 17.19% ₹ 5,803.69 Cr.
Computers - Software 13.00% ₹ 4,389.85 Cr.
Retailing 9.37% ₹ 3,164.74 Cr.
Banks 7.97% ₹ 2,691.92 Cr.
Pharmaceuticals 7.40% ₹ 2,499.72 Cr.
Others 45.07% -

Top Stock Holdings of Axis Long Term Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
Avenue Supermarts Ltd. 9.37% ₹ 3,164.74 Cr.
Bajaj Finance Ltd. 9.31% ₹ 3,143.79 Cr.
Tata Consultancy Services Ltd. 8.77% ₹ 2,962.02 Cr.
Info Edge (India) Ltd. 6.89% ₹ 2,326.31 Cr.
Nestle India Ltd. 5.14% ₹ 1,735.90 Cr.
Others 60.52% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.94%
Net Receivables -0.25%