Axis Long Term Equity Fund
Scheme Type: Equity
Very High Worth of investments in last
₹ 1.11 Lakh₹ 10000 Monthly SIP Grown to
₹ 1.45 Lakh
₹ 1.16 Lakh
Investment Objective
To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Benefits
Axis Long Term Equity Fund is a diversified equity linked saving scheme (ELSS) that invests in a mix of large caps and select midcaps.
The fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments.
A 3-year lock-in ensures that the money stays invested in equities and does not get perturbed by market ups and downs. Add to it, the fund manager can take much informed decision and look through the interim volatility.
Being an ELSS scheme, the scheme comes with dual advantages of building wealth and saving tax.
The long term mutual fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments.
Asset Class benefit - Equity as an asset class holds potential to beat inflation and generate long term wealth.
Target Goals - Long-term goals such as children's education & their future, retirement or any other long term growth that needs wealth creation plan.
Fund Manager
Managing this fund since 4th Jan 2011
Work Experience
NA
NA
- Capital appreciation & generating income over long term.
- Investment in a diversified portfolio predominantly consisting of equity and equity related instruments.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Riskometer
Investor understand that their principal will be at very high risk
Minimum Investment Amount
- Lumpsum Investment : ₹ 500
- Additional Investment : ₹ 500
- Systematic Investment : ₹ 500
| Current value of Rs.10,000 invested | ||||||
|---|---|---|---|---|---|---|
| Annualised(%) | S&P BSE 200 TRI Benchmark(%) | Nifty 50 TRI Additional Benchmark(%) | Annualised(₹) | S&P BSE 200 TRI Benchmark(₹) | Nifty 50 TRI Additional Benchmark(₹) | |
| Since inception 29 Dec 2009 | 16.79% | 10.74% | 10.42% | 55,961 | 31,008 | 30,037 |
| 5 Years | 13.64% | 14.11% | 13.94% | 18,963 | 19,360 | 19,214 |
| 3 Years | 9.79% | 7.75% | 8.70% | 13,229 | 12,506 | 12,841 |
| 1 Years | 11.40% | 16.51% | 15.27% | 11,137 | 11,646 | 11,522 |
Disclaimer : Past performance may or may not be sustained in future. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 1st April 2011 and he manages 7 schemes of Axis Mutual Fund. Please refer to the link Leaflet for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : Rs. 10.
Dividends
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Axis Long Term Equity Fund - Regular Dividend Payout - http://tiny.cc/60kutz
