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Axis Long Term Equity Fund

Axis Long Term Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

25.07

as on 20 Oct 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,586 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

  • ₹ 77.385

    as on 20 Oct 2021
  • Regular - Growth

  • 3 / 37

  • ₹ 500

  • ₹ 30,520 Cr.

    as on 20 Oct 2021
  • 1.67%

    since 31 May 2021
  • 29 Dec 2009

  • Equity - ELSS

  • S&P BSE 200 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 ₹ 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

  • 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 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

Portfolio holdings pattern of Axis Long Term Equity Fund as on 21 Oct 2021 are listed below:

  • Equity Holdings:

    97.28%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.72%

Top Sector Holdings of Axis Long Term Equity Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
TREPS 2.27%
Net Receivables 0.45%