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3 Year return

11.55%
20222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Launched on January 2013 (12 years)

Investment Details

₹500

Minimum SIP Amount

₹500

Minimum one time investment

Fund has 3 years period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹18,000
Gain
  • 19.99%
  • ₹3,598
  • Total Value
  • ₹21,598

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹35641.94 Cr.

Expense Ratio

0.76% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
2

Ratings by other agencies

2
1
3

Tax Implications

Withdrawal within 1 year

Not applicable as these investments cannot be sold before the 3 year lock-in period

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings
₹35641.94Crores
Other Holdings% of Asset
Pidilite Inds.4.37 %
Info Edg.(India)3.49 %
Nestle India3.42 %
C C I3.41 %
Divi's Lab.3.21 %
Cholaman.Inv.&Fn3.03 %
Tata Motors2.73 %
Zomato Ltd2.59 %
P I Industries2.47 %
M & M2.45 %
Sundaram Finance2.36 %
Bajaj Finserv2.11 %
Astral2.09 %
Bharti Airtel2.05 %
Apollo Hospitals2.04 %
Indian Hotels Co1.87 %
CG Power & Indu.1.84 %
ICICI Bank1.69 %
Kotak Mah. Bank1.68 %
Shree Cement1.63 %
Larsen & Toubro1.52 %
Reliance Industr1.48 %
Sona BLW Precis.1.46 %
Sun Pharma.Inds.1.38 %
Tube Investments1.35 %
Mankind Pharma1.3 %
St Bk of India1.08 %
Jio Financial0.87 %
Tata Elxsi0.86 %
Bajaj Auto0.8 %
Cummins India0.79 %
Net CA & Others0.75 %
C C I0.69 %
Titan Company0.58 %
Persistent Sys0.57 %
Navin Fluo.Intl.0.57 %
NTPC0.56 %
Coforge0.5 %
Interglobe Aviat0.47 %
B P C L0.46 %
Schaeffler India0.37 %
SBI Life Insuran0.36 %
Clean Science0.33 %
Coal India0.31 %
PB Fintech.0.28 %
Max Healthcare0.24 %
MAS FINANC SER0.21 %
Global Health0.17 %
UltraTech Cem.0.16 %
Tata Steel0.14 %
Varun Beverages0.12 %
Symphony0.09 %
Cipla0.06 %
Dixon Technolog.0.05 %
Bharat Electron0.04 %

Axis Mutual Fund Managers

JG

Jinesh Gopani

Fund Manager since Jan 2013

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 248
Setup Date January 2009

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

Axis Long Term Equity Fund Direct Plan Growth

Axis Long Term Equity Fund Direct Plan-Growth is an Equity-Linked Savings Scheme (ELSS) provided by Axis Mutual Fund. It stands as a competitive investment vehicle that combines the potential for high returns and the advantage of tax savings, making it an attractive option for investors. The fund's performance in delivering consistent returns may fluctuate based on the market conditions. The fund strategically invests in a diversified portfolio of companies that showcase robust track records and possess strong earnings potential.

Investment Objective of the Scheme

The primary goal of the Axis Long Term Equity Fund Direct Plan-Growth is to generate steady, long-term capital growth. This is achieved by investing predominantly in a diverse array of equity and equity-related securities. The focus is on companies with sustainable business models and strong growth prospects, thus offering investors a balanced mix of high-potential holdings.

Key Features of The Fund

5-year return 14.69%
Expense Ratio 0.76%
Fund Manager Jinesh Gopani
Fund Size ₹35641.94 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The Axis Long Term Equity Fund Direct Plan-Growth may appeal to those who seek higher return expectations and tax-saving benefits and are comfortable with a minimum investment horizon of three years. This scheme involves a degree of risk, and investors must be ready to accept the possibility of moderate risk due to market fluctuations. A mandatory lock-in period of three years also applies, making this scheme less suited to those looking for liquidity or quick returns.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Axis ELSS Tax Saver Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis ELSS Tax Saver Fund on May 29 2024, is ₹96.422