Axis Long Term Equity Fund - Regular Plan - Growth

Fund House: Axis Mutual Fund
Category: Equity: ELSS
Launch Date: 05-12-2009
Asset Class: Equity
Benchmark: S&P BSE 200 TRI
Expense Ratio: 1.61% As on (31-07-2021)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 31,015.48 Cr As on (31-07-2021)
Turn over: 47% | Exit Load: Nil

77.3124

19.02%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 200 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
4 Years 5 Months
7 Years 11 Months
10 Years 1 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. The Scheme Will invest in companies with strong growth & a sustainable business model.

Current Asset Allocation (%)

Indicators

Volatility 12.48
Sharp Ratio 0.68
Alpha -5.57
Beta 0.84
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Axis Long Term Equity Fund - Regular Plan - Growth 05-12-2009 74.9 27.9 22.08 18.22 20.47
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 95.94 53.7 32.87 23.47 18.64
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 85.04 31.81 20.02 17.43 18.09
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 81.17 22.47 12.09 8.84 14.79
Franklin India Taxshield-Growth 05-04-1999 79.5 23.43 15.9 12.65 15.78
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 79.0 28.74 22.64 16.43 18.64
Mahindra Manulife ELSS Kar Bachat Yojana - Regular Plan - Growth 05-10-2016 77.5 27.53 18.72 - -
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 77.19 40.05 27.16 20.01 17.96
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 77.12 26.68 22.67 17.16 17.37
ICICI Prudential Long Term Equity Fund (Tax Saving) - Growth 19-08-1999 76.76 27.92 18.17 14.46 16.89

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

2.55%

Others

1.85%

Large Cap

81.89%

Mid Cap

13.71%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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