Fund Performance
Lumpsum
SIP
25.07
as on 20 Oct 20213 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,586 today.
NAV Performance
Fund Information
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₹ 77.385
as on 20 Oct 2021 -
Regular - Growth
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3 / 37
-
₹ 500
-
₹ 30,520 Cr.
as on 20 Oct 2021 -
1.67%
since 31 May 2021 -
29 Dec 2009
-
S&P BSE 200 TRI
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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 ₹ 77.385 as on 20 Oct 2021.
This fund has 11 years of track record. Since 31 May 2021 expense ratio of this fund is 1.67%. Ideally you shoulds compare this fund with the benchmark S&P BSE 200 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
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About Jinesh Gopani
Jinesh 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 Moderately 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 | 8.41% | 18.82% | 36.88% | 95.35% | 55.14% | 37.56% | 24.16% | 20.25% | 85.92% | 78.64% | 55.31% | 34.52% | 24.99% |
| Category Average | 4.71% | 13.55% | 29.01% | 59.94% | 27.80% | 21.80% | 15.24% | 16.42% | 54.35% | 45.28% | 31.69% | 20.70% | 17.42% |
| Axis Long Term Equity Fund | 1.96%₹ 10,196 | 14.78%₹ 11,478 | 30.03%₹ 13,002 | 61.94%₹ 16,193 | 52.63%₹ 15,190 | 26.85%₹ 16,121 | 43.30%₹ 35,661 | 25.07%₹ 19,586 | 32.54%₹ 57,250 | 18.37%₹ 23,252 | 23.11%₹ 1,06,431 | 20.25%₹ 63,308 | 20.52%₹ 3,54,349 |
| Mirae Asset Tax Saver Fund | 4.92%₹ 10,492 | 14.34%₹ 11,434 | 30.34%₹ 13,034 | 63.86%₹ 16,386 | 57.73%₹ 15,481 | 34.22%₹ 18,059 | 51.07%₹ 37,929 | 27.22%₹ 20,615 | 37.13%₹ 60,793 | 21.00%₹ 25,946 | 25.80%₹ 1,13,553 | - | - |
| Canara Robeco Equity Tax Saver Fund | 4.03%₹ 10,403 | 13.74%₹ 11,374 | 29.97%₹ 12,996 | 59.13%₹ 15,912 | 55.19%₹ 15,337 | 33.96%₹ 17,989 | 48.88%₹ 37,285 | 27.70%₹ 20,851 | 36.43%₹ 60,246 | 19.23%₹ 24,111 | 25.39%₹ 1,12,422 | 17.14%₹ 48,724 | 18.92%₹ 3,24,973 |
| Quant Tax Plan | 8.01%₹ 10,800 | 11.17%₹ 11,116 | 36.88%₹ 13,688 | 95.35%₹ 19,534 | 85.92%₹ 17,044 | 55.14%₹ 24,156 | 78.64%₹ 46,413 | 37.56%₹ 26,073 | 55.31%₹ 76,250 | 24.16%₹ 29,521 | 34.52%₹ 1,39,523 | 18.94%₹ 56,751 | 24.99%₹ 4,51,422 |
| Invesco India Tax Plan | 5.56%₹ 10,555 | 12.96%₹ 11,295 | 30.78%₹ 13,077 | 57.44%₹ 15,743 | 54.56%₹ 15,301 | 28.97%₹ 16,667 | 44.66%₹ 36,055 | 22.56%₹ 18,431 | 32.35%₹ 57,104 | 16.85%₹ 21,793 | 21.95%₹ 1,03,498 | 17.78%₹ 51,459 | 18.78%₹ 3,22,465 |
| BOI AXA Tax Advantage Fund | 2.80%₹ 10,280 | 11.77%₹ 11,177 | 32.67%₹ 13,267 | 66.06%₹ 16,605 | 62.20%₹ 15,733 | 39.63%₹ 19,550 | 54.62%₹ 38,985 | 31.15%₹ 22,590 | 41.92%₹ 64,641 | 19.90%₹ 24,789 | 26.88%₹ 1,16,513 | 17.62%₹ 50,742 | 20.01%₹ 3,44,802 |
Portfolio Holdings
Top Sector Holdings of Axis Long Term Equity Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NBFC | 17.22% | ₹ 5,258.18 Cr. |
| Computers - Software | 10.78% | ₹ 3,883.69 Cr. |
| Banks | 10.05% | ₹ 3,065.38 Cr. |
| Retailing | 7.60% | ₹ 2,319.95 Cr. |
| Pharmaceuticals | 6.82% | ₹ 2,082.48 Cr. |
| Others | 47.53% | - |
Top Stock Holdings of Axis Long Term Equity Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bajaj Finance Ltd. | 9.34% | ₹ 2,851.86 Cr. |
| Tata Consultancy Services Ltd. | 8.22% | ₹ 2,509.69 Cr. |
| Avenue Supermarts Ltd. | 7.60% | ₹ 2,319.95 Cr. |
| Info Edge (India) Ltd. | 6.76% | ₹ 2,061.71 Cr. |
| Kotak Mahindra Bank Ltd. | 5.32% | ₹ 1,622.79 Cr. |
| Others | 62.76% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.27% |
| Net Receivables | 0.45% |