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Sunday, March 14, 2021

ELSS Fund - Axis Long Term Equity Fund

Fund OverviewInvest in Equity Mutual Fund investments - Axis MF

Axis Long Term Equity Fund

Scheme Type: Equity

Fund Manager:Mr. Jinesh Gopani
NAV as on Mar 12, 2021₹ 62.66
CAGR 
16.79 %
AUM As on 31 Jan 2021(in Cr.)₹25,508.39
RiskRisk meterVery High 
An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit

Worth of investments in last

This scheme1 Lakh Investment Grown to
₹ 1.11 Lakh
₹ 10000 Monthly SIP Grown to
₹ 1.45 Lakh
Benchmark1 Lakh Investment Grown to
₹ 1.16 Lakh
Disclaimer: Past performance may or may not be sustained in future. For performance in SEBI Format please refer performance section.

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

Mr. Jinesh Gopani

Managing this fund since 4th Jan 2011

19
Years
Work Experience
Entry Load

NA

Exit Load

NA

Statistical Measures (3 Years)
Standard Deviation21.52%
Beta0.88
Sharpe Ratio**0.38
Portfolio Turnover(1 Year)#0.69 times
**Risk-free rate assumed to be 3.51% (MIBOR as on 31-12-20) - Source: www.fimmda.org Please note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/ Repo/FD/Margin FD/MFU/SLB are not considered.
This product is suitable for investors who are seeking*
  • 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
Performance of Axis Long Term Equity Fund - Regular Growth as of January 31, 2021
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%55,96131,00830,037
5 Years13.64%14.11%13.94%18,96319,36019,214
3 Years9.79%7.75%8.70%13,22912,50612,841
1 Years11.40%16.51%15.27%11,13711,64611,522

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.

Top 5 issuers
Issuers% Of Net Assets
Financial Services
34.34
IT
17.90
Consumer Goods
15.00
Automobile
9.10
Pharma
7.20
Issuers
Top 10 Issuers% Of Net Assets
Bajaj Finance Limited
8.76
Tata Consultancy Services Limited
7.88
HDFC Bank Limited
6.85
Avenue Supermarts Limited
6.84
Kotak Mahindra Bank Limited
6.29
Info Edge (India) Limited
6.12
Housing Development Finance Corporation Limited
5.63
Nestle India Limited
5.43
Maruti Suzuki India Limited
5.21
Pidilite Industries Limited
4.42

Dividends

Dividend (₹ Per Unit)
NAV Per Unit
Record DateIndividuals/HUFOthersCum DividendEx DividendJan 27, 20201.861.8623.257121.1571Jan 31, 20192.042.0421.384119.0841Mar 22, 20182.502.5023.054820.5548
Disclaimer:Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable. Past performance may or may not be sustained in future. Face Value of units is Rs. 10.
Dividend History
Select Plan
Select Timeframe
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To Invest Online:

Axis Long Term Equity Fund - Regular Growth - http://tiny.cc/00kutz


Axis Long Term Equity Fund - Regular Dividend Payout - http://tiny.cc/60kutz

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