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
-0.38 (-0.4959%)
19.02%
S&P BSE 200 TRI 12.2%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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
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
