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Axis Long Term Equity Fund

Axis Long Term Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.16

as on 30 Sep 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,115 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

  • ₹ 66.173

    as on 30 Sep 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 ₹ 66.173 as on 30 Sep 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 0.89% 17.01% 5.58% 17.83% 45.09% 38.30% 22.21% 20.26% 17.48% 30.15% 41.13% 30.55% 23.75%
Category Average -2.26% 10.42% 0.22% -0.39% 25.98% 16.59% 11.13% 14.49% 2.53% 12.45% 18.52% 14.35% 13.95%
Axis Long Term Equity Fund -4.06%₹ 9,593 12.66%₹ 11,266 -3.70%₹ 9,630 -12.42%₹ 8,758 -6.70%₹ 11,560 19.27%₹ 14,225 3.77%₹ 24,950 12.16%₹ 14,115 10.90%₹ 42,398 11.31%₹ 17,097 11.31%₹ 79,747 16.57%₹ 46,413 14.24%₹ 2,52,684
DSP Tax Saver Fund -2.15%₹ 9,784 9.92%₹ 10,991 0.40%₹ 10,040 -1.56%₹ 9,843 1.94%₹ 12,126 29.37%₹ 16,737 13.36%₹ 27,422 17.58%₹ 16,264 19.73%₹ 48,100 12.58%₹ 18,087 16.10%₹ 89,755 16.43%₹ 45,858 15.60%₹ 2,71,839
Mirae Asset Tax Saver Fund -3.10%₹ 9,689 8.24%₹ 10,823 -1.60%₹ 9,839 -3.27%₹ 9,673 -1.68%₹ 11,891 26.07%₹ 15,893 10.63%₹ 26,710 19.33%₹ 16,999 19.08%₹ 47,664 14.54%₹ 19,733 16.62%₹ 90,917 - -
Quant Tax Plan 0.89%₹ 10,088 17.01%₹ 11,701 5.44%₹ 10,544 12.37%₹ 11,236 17.48%₹ 13,108 45.09%₹ 21,050 30.15%₹ 31,948 38.30%₹ 26,478 41.13%₹ 64,006 22.21%₹ 27,290 30.55%₹ 1,27,149 20.26%₹ 63,421 23.75%₹ 4,22,215
BOI AXA Tax Advantage Fund -0.82%₹ 9,917 13.77%₹ 11,377 0.30%₹ 10,029 -2.57%₹ 9,743 3.01%₹ 12,195 27.10%₹ 16,155 13.45%₹ 27,446 23.34%₹ 18,776 21.90%₹ 49,582 14.43%₹ 19,635 18.41%₹ 94,981 15.81%₹ 43,453 16.26%₹ 2,81,663
Canara Robeco Equity Tax Saver Fund -2.62%₹ 9,738 11.77%₹ 11,177 0.91%₹ 10,090 -0.62%₹ 9,938 2.59%₹ 12,168 25.80%₹ 15,826 12.69%₹ 27,245 20.48%₹ 17,498 20.24%₹ 48,445 15.63%₹ 20,686 17.71%₹ 93,365 15.06%₹ 40,732 15.55%₹ 2,71,071

Portfolio Holdings

Portfolio holdings pattern of Axis Long Term Equity Fund as on 02 Oct 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%