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Axis Long Term Equity Fund

Axis Long Term Equity Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

14.91

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,189 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

  • ₹ 66.156

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 27,181 Cr.

    as on 10 Jun 2021
  • 1.62%

    since 31 Dec 2020
  • 29 Dec 2009

  • Tax Saver - ELSS

  • S&P BSE 200 TRI

  • Axis mutual fund

    Show All Funds

Highlights of this fund

Axis Long Term Equity Fund is an Open-ended Tax Saver 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 Tax Saver funds offered by Axis mutual fund.

Latest NAV of the fund is ₹ 66.156 as on 10 Jun 2021.

This fund has 11 years of track record. Since 31 Dec 2020 expense ratio of this fund is 1.62%. 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 8.44% 22.18% 44.03% 122.19% 41.42% 28.15% 23.06% 18.12% 110.33% 70.88% 47.34% 29.86% 22.59%
Category Average 6.41% 6.97% 21.79% 61.25% 17.91% 12.73% 14.62% 13.94% 56.36% 34.64% 23.63% 16.31% 15.52%
Axis Long Term Equity Fund 6.17%₹ 10,616 5.33%₹ 10,533 16.30%₹ 11,630 54.40%₹ 15,440 50.63%₹ 15,070 19.83%₹ 14,365 32.15%₹ 32,488 14.91%₹ 15,189 24.08%₹ 51,079 16.40%₹ 21,379 18.55%₹ 95,288 18.12%₹ 52,952 18.69%₹ 3,20,975
Quant Tax Plan 4.71%₹ 10,471 22.18%₹ 12,217 44.03%₹ 14,403 122.19%₹ 22,218 110.33%₹ 18,339 41.42%₹ 20,057 70.88%₹ 43,955 28.15%₹ 21,072 47.34%₹ 69,172 23.06%₹ 28,242 29.86%₹ 1,25,053 15.24%₹ 41,357 22.59%₹ 3,96,192
Canara Robeco Equity Tax Saver Fund 6.32%₹ 10,632 6.62%₹ 10,661 23.56%₹ 12,356 66.72%₹ 16,671 58.37%₹ 15,511 23.39%₹ 15,233 39.84%₹ 34,656 19.56%₹ 17,115 29.07%₹ 54,654 18.02%₹ 22,906 21.17%₹ 1,01,555 14.85%₹ 39,961 16.96%₹ 2,92,416
Mirae Asset Tax Saver Fund 6.24%₹ 10,623 7.05%₹ 10,704 23.79%₹ 12,378 71.79%₹ 17,179 63.21%₹ 15,784 24.19%₹ 15,432 41.70%₹ 35,188 19.40%₹ 17,047 29.93%₹ 55,292 21.39%₹ 26,374 22.11%₹ 1,03,872 - -
DSP Tax Saver Fund 6.67%₹ 10,666 10.23%₹ 11,022 27.19%₹ 12,719 67.63%₹ 16,763 67.37%₹ 16,016 22.05%₹ 14,904 39.87%₹ 34,664 17.00%₹ 16,035 28.22%₹ 54,037 16.91%₹ 21,852 19.06%₹ 96,470 15.95%₹ 43,984 17.85%₹ 3,06,806
BOI AXA Tax Advantage Fund 7.28%₹ 10,728 10.53%₹ 11,053 26.21%₹ 12,621 73.88%₹ 17,387 67.08%₹ 16,000 30.81%₹ 17,124 46.00%₹ 36,429 16.79%₹ 15,951 32.97%₹ 57,561 19.07%₹ 23,944 22.19%₹ 1,04,071 14.99%₹ 40,449 17.82%₹ 3,06,290

Portfolio Holdings

Portfolio holdings pattern of Axis Long Term Equity Fund as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    98.05%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.95%

Top Sector Holdings of Axis Long Term Equity Fund

Name of SectorHolding PercentageHolding Values in Crore
Nbfc 17.03% ₹ 4,748.28 Cr.
Banks 12.82% ₹ 3,572.89 Cr.
Computers - software 11.97% ₹ 3,335.08 Cr.
Retailing 7.22% ₹ 2,012.32 Cr.
Pharmaceuticals 5.59% ₹ 1,844.43 Cr.
Others 45.37% -

Top Stock Holdings of Axis Long Term Equity Fund

Name of StocksHolding PercentageHolding Values in Crore
Bajaj Finance Ltd. 8.86% ₹ 2,468.23 Cr.
Tata Consultancy Services Ltd. 7.66% ₹ 2,133.54 Cr.
Avenue Supermarts Ltd. 7.06% ₹ 1,967.41 Cr.
Kotak Mahindra Bank Ltd. 6.42% ₹ 1,790.36 Cr.
HDFC Bank Ltd. 6.40% ₹ 1,782.53 Cr.
Others 63.60% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.29%
Net Receivables -0.34%