Axis Long Term Equity Fund - Growth

Category: Equity: ELSS
Launch Date: 29-12-2009
Asset Class: Equity
Benchmark: S&P BSE 200 TRI
Expense Ratio: 1.75% As on (30-09-2019)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 21,492.33 Cr As on (31-10-2019)
Turn over: 19% | Exit Load: 0.00% - 0 day

48.1317

17.2%

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 4 Months
7 Years 10 Months
There is no value for 5x
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 - Growth 29-12-2009 16.53 9.65 17.01 11.2 -
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 16.12 4.15 13.25 10.64 13.24
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 15.92 3.03 13.46 8.16 12.58
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 15.67 4.31 15.16 12.28 -
JM Tax Gain Fund - Growth option 31-03-2008 15.44 5.29 16.06 9.76 10.07
Mirae Asset Tax Saver Fund-Regular Plan-Growth 28-12-2015 14.66 6.63 18.46 - -
Motilal Oswal Long Term Equity Fund (MOFLTE) - Regular Plan - Growth Option 21-01-2015 14.53 3.64 15.11 - -
LIC MF Tax Plan-Regular Plan-Growth 31-03-1997 14.44 7.4 14.99 8.76 10.33
Kotak Tax Saver-Scheme-Growth 23-11-2005 14.29 4.4 13.21 9.37 10.99
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 13.54 8.25 14.97 8.3 12.54

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

7.14%

Others

12.48%

Large Cap

63.9%

Mid Cap

16.48%

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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