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Axis Long Term Equity Fund

Axis Long Term Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

16.43

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,783 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

  • ₹ 71.920

    as on 22 Sep 2023
  • Regular - Growth

  • 19 / 37

  • ₹ 500

  • ₹ 28,267 Cr.

    as on 31 May 2023
  • 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 ₹ 71.920 as on 22 Sep 2023.

This fund has 13 years of track record. Since 31 Mar 2023 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 5.28% 10.76% 26.52% 26.01% 32.94% 34.45% 24.11% 23.92% 37.57% 24.94% 23.52% 29.67% 22.94%
Category Average 2.67% 6.71% 19.54% 14.96% 9.40% 23.21% 13.50% 16.26% 24.40% 15.69% 16.63% 17.73% 14.33%
Axis Long Term Equity Fund 3.18%₹ 10,318 2.10%₹ 10,209 19.34%₹ 11,934 5.25%₹ 10,524 17.58%₹ 13,113 -3.25%₹ 9,361 7.01%₹ 25,775 16.43%₹ 15,783 7.78%₹ 40,490 10.53%₹ 16,508 11.48%₹ 80,081 16.88%₹ 47,640 12.52%₹ 2,30,445
Quant Tax Plan 2.94%₹ 10,293 10.59%₹ 11,059 22.67%₹ 12,266 8.73%₹ 10,873 24.21%₹ 13,520 13.60%₹ 12,904 18.03%₹ 28,654 34.63%₹ 24,399 23.35%₹ 50,575 24.02%₹ 29,375 29.58%₹ 1,24,236 23.88%₹ 85,294 22.88%₹ 4,02,701
Kotak Tax Saver Fund 2.07%₹ 10,207 7.43%₹ 10,742 18.37%₹ 11,837 15.68%₹ 11,567 24.00%₹ 13,507 11.37%₹ 12,403 17.36%₹ 28,475 25.31%₹ 19,675 18.36%₹ 47,184 15.80%₹ 20,840 19.32%₹ 97,112 17.49%₹ 50,207 15.69%₹ 2,73,129
Mirae Asset Tax Saver Fund 2.06%₹ 10,205 7.61%₹ 10,761 19.75%₹ 11,974 15.83%₹ 11,582 24.46%₹ 13,535 7.39%₹ 11,531 14.78%₹ 27,793 24.33%₹ 19,218 16.06%₹ 45,667 16.38%₹ 21,369 19.15%₹ 96,708 - -
IDFC Tax Advantage (elss) Fund 1.43%₹ 10,143 7.96%₹ 10,795 21.34%₹ 12,134 18.67%₹ 11,867 27.81%₹ 13,738 12.77%₹ 12,718 18.74%₹ 28,844 30.96%₹ 22,461 21.42%₹ 49,243 16.19%₹ 21,195 22.65%₹ 1,05,277 18.51%₹ 54,755 16.97%₹ 2,92,511
BOI AXA Tax Advantage Fund 4.24%₹ 10,423 10.53%₹ 11,053 23.71%₹ 12,371 16.90%₹ 11,689 30.00%₹ 13,870 8.07%₹ 11,679 18.60%₹ 28,805 25.92%₹ 19,964 18.96%₹ 47,585 18.15%₹ 23,048 22.27%₹ 1,04,305 17.55%₹ 50,484 17.09%₹ 2,94,437

Portfolio Holdings

Portfolio holdings pattern of Axis Long Term Equity Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    96.43%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    3.57%

Top Sector Holdings of Axis Long Term Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
NBFC 20.50% ₹ 6,393.72 Cr.
Computers - Software 8.77% ₹ 2,734.17 Cr.
Retailing 7.70% ₹ 2,400.63 Cr.
Banks 7.31% ₹ 2,277.92 Cr.
Consumer food 6.79% ₹ 2,117.14 Cr.
Others 48.93% -

Top Stock Holdings of Axis Long Term Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
Bajaj Finance Ltd. 9.57% ₹ 2,985.54 Cr.
Avenue Supermarts Ltd. 7.70% ₹ 2,400.63 Cr.
Tata Consultancy Services Ltd. 7.19% ₹ 2,242.61 Cr.
Nestle India Ltd. 6.79% ₹ 2,117.14 Cr.
Info Edge (India) Ltd. 5.63% ₹ 1,755.44 Cr.
Others 63.12% -

Other Holdings

Holding TypeHolding Percentage
Net Receivables 2.98%
TREPS 0.59%