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Fund Overview

Fund Size

Fund Size

₹35,172 Cr

Expense Ratio

Expense Ratio

0.80%

ISIN

ISIN

INF846K01EW2

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

Axis Long Term Equity Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 12 years, 7 months and 26 days, having been launched on 01-Jan-13.
As of 26-Aug-25, it has a Net Asset Value (NAV) of ₹108.71, Assets Under Management (AUM) of 35172.50 Crores, and an expense ratio of 0.8%.
  • Axis Long Term Equity Fund Direct Growth has given a CAGR return of 17.00% since inception.
  • The fund's asset allocation comprises around 97.42% in equities, 0.00% in debts, and 2.58% in cash & cash equivalents.
  • You can start investing in Axis Long Term Equity Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+1.34%

(Cat Avg.)

3 Years

+13.03%

+17.34% (Cat Avg.)

5 Years

+15.93%

+20.51% (Cat Avg.)

10 Years

+13.36%

+14.27% (Cat Avg.)

Since Inception

+17.00%

(Cat Avg.)

Portfolio Summaryas of 31st July 2025

Equity34,263.88 Cr97.42%
Others908.62 Cr2.58%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity2,989.55 Cr8.50%
ICICI Bank LtdEquity2,277.01 Cr6.47%
Bharti Airtel LtdEquity1,504.26 Cr4.28%
Bajaj Finance LtdEquity1,434.85 Cr4.08%
Infosys LtdEquity1,099.92 Cr3.13%
Eternal LtdEquity999.94 Cr2.84%
Torrent Power LtdEquity945.59 Cr2.69%
Tata Consultancy Services LtdEquity942.4 Cr2.68%
Mahindra & Mahindra LtdEquity862.23 Cr2.45%
UltraTech Cement LtdEquity786.84 Cr2.24%
Reliance Industries LtdEquity760.69 Cr2.16%
Divi's Laboratories LtdEquity746.54 Cr2.12%
PI Industries LtdEquity732.34 Cr2.08%
InterGlobe Aviation LtdEquity728 Cr2.07%
Pidilite Industries LtdEquity724.4 Cr2.06%
Larsen & Toubro LtdEquity689.67 Cr1.96%
Cholamandalam Investment and Finance Co LtdEquity616.67 Cr1.75%
CG Power & Industrial Solutions LtdEquity579.03 Cr1.65%
Kotak Mahindra Bank LtdEquity578.33 Cr1.64%
State Bank of IndiaEquity572.79 Cr1.63%
Avenue Supermarts LtdEquity529.22 Cr1.50%
Indian Hotels Co LtdEquity519.37 Cr1.48%
Sun Pharmaceuticals Industries LtdEquity511.48 Cr1.45%
Net Receivables / (Payables)Cash - Collateral492.5 Cr1.40%
Vishal Mega Mart LtdEquity456.44 Cr1.30%
Clearing Corporation Of India LtdCash - Repurchase Agreement416.12 Cr1.18%
TVS Motor Co LtdEquity405.57 Cr1.15%
The Federal Bank LtdEquity371.61 Cr1.06%
HDFC Life Insurance Co LtdEquity357.13 Cr1.02%
PB Fintech LtdEquity348.82 Cr0.99%
Sona BLW Precision Forgings LtdEquity347.5 Cr0.99%
Mankind Pharma LtdEquity341.67 Cr0.97%
Info Edge (India) LtdEquity334.9 Cr0.95%
Apollo Hospitals Enterprise LtdEquity332.62 Cr0.95%
Bajaj Auto LtdEquity313.16 Cr0.89%
Nestle India LtdEquity301.72 Cr0.86%
Fortis Healthcare LtdEquity295.17 Cr0.84%
Bharat Electronics LtdEquity279.89 Cr0.80%
Titan Co LtdEquity276.01 Cr0.78%
Hindustan Unilever LtdEquity273.32 Cr0.78%
Varun Beverages LtdEquity241.47 Cr0.69%
Trent LtdEquity240.55 Cr0.68%
Cummins India LtdEquity226.78 Cr0.64%
Apar Industries LtdEquity220.46 Cr0.63%
Karur Vysya Bank LtdEquity219.58 Cr0.62%
Hyundai Motor India LtdEquity211.26 Cr0.60%
REC LtdEquity207.57 Cr0.59%
Cipla LtdEquity201.85 Cr0.57%
GE Vernova T&D India LtdEquity195.41 Cr0.56%
Lupin LtdEquity193.98 Cr0.55%
Schaeffler India LtdEquity190.49 Cr0.54%
Astral LtdEquity189.27 Cr0.54%
United Spirits LtdEquity182.08 Cr0.52%
Max Healthcare Institute Ltd Ordinary SharesEquity179.43 Cr0.51%
Dixon Technologies (India) LtdEquity173.89 Cr0.49%
Premier Energies LtdEquity169.46 Cr0.48%
ICICI Lombard General Insurance Co LtdEquity168.89 Cr0.48%
Godrej Consumer Products LtdEquity167.25 Cr0.48%
Coromandel International LtdEquity165.97 Cr0.47%
Navin Fluorine International LtdEquity158.9 Cr0.45%
Sundaram Finance LtdEquity154.19 Cr0.44%
Prestige Estates Projects LtdEquity153.53 Cr0.44%
Blue Star LtdEquity147.57 Cr0.42%
Krishna Institute of Medical Sciences LtdEquity147.3 Cr0.42%
J.B. Chemicals & Pharmaceuticals LtdEquity138.82 Cr0.39%
Jyoti CNC Automation LtdEquity130.79 Cr0.37%
Torrent Pharmaceuticals LtdEquity123.83 Cr0.35%
Tech Mahindra LtdEquity112.11 Cr0.32%
ICICI Prudential Life Insurance Co LtdEquity110.15 Cr0.31%
Tata Steel LtdEquity110.02 Cr0.31%
Crompton Greaves Consumer Electricals LtdEquity104.49 Cr0.30%
Britannia Industries LtdEquity102.66 Cr0.29%
Havells India LtdEquity102.29 Cr0.29%
Hindustan Aeronautics Ltd Ordinary SharesEquity100.74 Cr0.29%
Phoenix Mills LtdEquity98.83 Cr0.28%
Anthem Biosciences LtdEquity98.74 Cr0.28%
Persistent Systems LtdEquity97.87 Cr0.28%
Godrej Properties LtdEquity97.12 Cr0.28%
Hindalco Industries LtdEquity96.51 Cr0.27%
HDB Financial Services LtdEquity94.06 Cr0.27%
Hitachi Energy India Ltd Ordinary SharesEquity92.06 Cr0.26%
Clean Science and Technology LtdEquity91.41 Cr0.26%
Samvardhana Motherson International LtdEquity90.27 Cr0.26%
HDFC Asset Management Co LtdEquity77.41 Cr0.22%
HCL Technologies LtdEquity73.17 Cr0.21%
KEI Industries LtdEquity64.42 Cr0.18%
Tata Consumer Products LtdEquity60.89 Cr0.17%
Brigade Enterprises LtdEquity59.27 Cr0.17%
Siemens Energy India LtdEquity55.06 Cr0.16%
Siemens LtdEquity51.58 Cr0.15%
Kaynes Technology India LtdEquity51.07 Cr0.15%
UNO Minda LtdEquity46.26 Cr0.13%
Solar Industries India LtdEquity33.75 Cr0.10%
Tata Power Co LtdEquity24.45 Cr0.07%

Allocation By Market Cap (Equity)

Large Cap Stocks

75.72%

Mid Cap Stocks

17.54%

Small Cap Stocks

3.61%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services10,578.59 Cr30.08%
Consumer Cyclical5,063.54 Cr14.40%
Industrials3,849.04 Cr10.94%
Healthcare3,311.41 Cr9.41%
Basic Materials2,900.14 Cr8.25%
Technology2,668.82 Cr7.59%
Consumer Defensive1,858.63 Cr5.28%
Communication Services1,839.16 Cr5.23%
Utilities1,025.11 Cr2.91%
Energy760.69 Cr2.16%
Real Estate408.76 Cr1.16%

Risk & Performance Ratios

Standard Deviation

This fund

13.14%

Cat. avg.

13.18%

Lower the better

Sharpe Ratio

This fund

0.58

Cat. avg.

0.84

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.39

Higher the better

Fund Managers

SD

Shreyash Devalkar

Since August 2023

Ashish Naik

Ashish Naik

Since August 2023

Additional Scheme Detailsas of 31st July 2025

ISIN
INF846K01EW2
Expense Ratio
0.80%
Exit Load
No Charges
Fund Size
₹35,172 Cr
Age
12 years 7 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth

Low Risk

2.3%0.0%₹61.00 Cr-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Low Risk

0.5%0.0%₹61.00 Cr-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹214.56 Cr-1.8%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth

High Risk

1.4%0.0%₹19.18 Cr8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹63.64 Cr-5.8%
SBI Long Term Advantage Fund Series II Regular Growth

Very High Risk

-0.0%₹34.17 Cr6.4%
SBI Long Term Advantage Fund Series II Direct Growth

Very High Risk

-0.0%₹34.17 Cr6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth

Very High Risk

-0.0%₹63.64 Cr-6.1%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth

High Risk

1.4%0.0%₹19.18 Cr8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth

Very High Risk

1.4%0.0%₹30.97 Cr-1.9%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth

Very High Risk

1.2%0.0%₹30.97 Cr-1.7%
Sundaram Long Term Tax Advantage Fund Series II Direct Growth

Very High Risk

1.2%0.0%₹13.02 Cr-0.6%
Sundaram Long Term Tax Advantage Fund Series II Regular Growth

Very High Risk

1.4%0.0%₹13.02 Cr-0.8%
SBI Long Term Advantage Fund Series I Regular Growth

Low Risk

-0.0%₹49.50 Cr16.8%
SBI Long Term Advantage Fund Series I Direct Growth

Low Risk

-0.0%₹49.50 Cr17.1%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth

Very High Risk

1.3%0.0%₹77.12 Cr-3.1%
SBI Long Term Advantage Fund Series VI Regular Growth

Very High Risk

-0.0%₹277.00 Cr-5.7%
SBI Long Term Advantage Fund Series VI Direct Growth

Very High Risk

-0.0%₹277.00 Cr-5.3%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Regular Growth

Very High Risk

1.4%0.0%₹77.12 Cr-3.2%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Very High Risk

1.2%-₹34.34 Cr-2.1%
SBI Tax Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹33.26 Cr32.0%
SBI Tax Advantage Fund Series III Regular Growth

Very High Risk

-0.0%₹33.26 Cr31.5%
Sundaram Long Term Tax Advantage Fund Series III Regular Growth

Very High Risk

1.4%-₹34.34 Cr-2.4%
ICICI Prudential Long Term Wealth Enhancement Fund Regular Growth

Very High Risk

1.4%0.0%₹40.95 Cr0.2%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Very High Risk

1.0%0.0%₹40.95 Cr0.6%
Sundaram Long Term Tax Advantage Fund Series IV Regular Growth

Very High Risk

1.4%0.0%₹22.85 Cr-1.5%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth

Very High Risk

1.2%0.0%₹22.85 Cr-1.3%
SBI Long Term Advantage Fund Series III Regular Growth

Very High Risk

-0.0%₹69.95 Cr-11.8%
SBI Long Term Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹69.95 Cr-11.4%
SBI Long Term Advantage Fund Series V Direct Growth

Very High Risk

-0.0%₹387.55 Cr13.8%
SBI Long Term Advantage Fund Series V Regular Growth

Very High Risk

-0.0%₹387.55 Cr13.4%
SBI Long Term Advantage Fund Series IV Regular Growth

Very High Risk

-0.0%₹203.68 Cr-9.8%
SBI Long Term Advantage Fund Series IV Direct Growth

Very High Risk

-0.0%₹203.68 Cr-9.4%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth

Very High Risk

1.3%0.0%₹36.37 Cr-2.6%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth

Very High Risk

1.4%0.0%₹36.37 Cr-2.8%
Invesco India Tax Plan Regular Growth

Very High Risk

1.9%0.0%₹2821.90 Cr-2.0%
HSBC ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹4143.69 Cr-1.1%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1114.91 Cr-0.9%
Kotak Taxsaver Fund Direct Growth

Very High Risk

0.6%0.0%₹6354.72 Cr-2.6%
Invesco India Tax Plan Direct Growth

Very High Risk

0.8%0.0%₹2821.90 Cr-0.9%
HSBC Tax Saver Equity Fund Regular Growth

Very High Risk

2.5%0.0%₹249.72 Cr4.0%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth

Very High Risk

1.1%0.0%₹14403.12 Cr1.9%
Sundaram Tax Savings Fund Direct Growth

Very High Risk

1.7%0.0%₹1376.95 Cr1.9%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.7%0.0%₹6973.73 Cr-3.1%
Nippon India Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.0%0.0%₹15338.90 Cr-1.5%
JM Tax Gain Fund Direct Growth

Very High Risk

1.1%0.0%₹206.74 Cr-5.1%
Samco ELSS Tax Saver Fund Direct Growth

Very High Risk

1.0%0.0%₹124.39 Cr-12.4%
Samco ELSS Tax Saver Fund Regular Growth

Very High Risk

2.4%0.0%₹124.39 Cr-13.7%
Mahindra Manulife ELSS Fund Regular Growth

Very High Risk

2.2%0.0%₹952.81 Cr-1.8%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.6%0.0%₹952.81 Cr-0.3%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,49,980 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹48.51 Cr6.5%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹5344.77 Cr-4.3%
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%₹92.41 Cr8.1%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low Risk

-0.0%₹76.51 Cr7.5%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹78.91 Cr7.7%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13190.29 Cr8.3%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹1019.31 Cr23.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹522.45 Cr-7.3%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹13083.62 Cr2.3%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹20133.86 Cr8.1%
Axis Equity Hybrid Fund Direct Growth

High Risk

1.1%1.0%₹1569.73 Cr1.2%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1184.41 Cr3.2%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹9468.86 Cr9.0%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1228.82 Cr-3.2%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹7069.18 Cr7.4%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹645.05 Cr37.5%
Axis Value Fund Direct Growth

Very High Risk

0.8%1.0%₹1004.52 Cr-1.5%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.1%0.0%₹1480.95 Cr8.2%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹614.97 Cr5.4%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33360.42 Cr0.6%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1255.48 Cr7.1%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹1180.38 Cr37.1%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹12585.12 Cr2.2%
Axis Regular Saver Fund Direct Growth

Very High Risk

1.0%1.0%₹279.63 Cr5.4%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.6%1.0%₹1893.22 Cr9.0%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35172.50 Cr1.3%
Axis Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹12125.18 Cr9.1%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹40129.61 Cr7.1%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹1499.90 Cr4.5%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹31383.93 Cr1.4%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹7449.25 Cr8.3%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹945.30 Cr4.0%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹3431.21 Cr3.9%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹473.86 Cr-3.0%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹126.14 Cr-11.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹34.25 Cr8.1%
Axis Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹364.05 Cr9.4%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹6752.81 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹8291.80 Cr0.5%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹77.66 Cr8.3%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹256.76 Cr7.3%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹176.82 Cr32.9%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹362.08 Cr-10.0%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹457.54 Cr7.4%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹388.32 Cr2.4%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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The NAV of Axis Long Term Equity Fund Direct Growth, as of 26-Aug-2025, is ₹108.71.
The fund has generated 1.34% over the last 1 year and 13.03% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.42% in equities, 0.00% in bonds, and 2.58% in cash and cash equivalents.
The fund managers responsible for Axis Long Term Equity Fund Direct Growth are:-
  1. Shreyash Devalkar
  2. Ashish Naik

Fund Overview

Fund Size

Fund Size

₹35,172 Cr

Expense Ratio

Expense Ratio

0.80%

ISIN

ISIN

INF846K01EW2

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

About this fund

Axis Long Term Equity Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 12 years, 7 months and 26 days, having been launched on 01-Jan-13.
As of 26-Aug-25, it has a Net Asset Value (NAV) of ₹108.71, Assets Under Management (AUM) of 35172.50 Crores, and an expense ratio of 0.8%.
  • Axis Long Term Equity Fund Direct Growth has given a CAGR return of 17.00% since inception.
  • The fund's asset allocation comprises around 97.42% in equities, 0.00% in debts, and 2.58% in cash & cash equivalents.
  • You can start investing in Axis Long Term Equity Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+1.34%

(Cat Avg.)

3 Years

+13.03%

+17.34% (Cat Avg.)

5 Years

+15.93%

+20.51% (Cat Avg.)

10 Years

+13.36%

+14.27% (Cat Avg.)

Since Inception

+17.00%

(Cat Avg.)

Portfolio Summaryas of 31st July 2025

Equity34,263.88 Cr97.42%
Others908.62 Cr2.58%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity2,989.55 Cr8.50%
ICICI Bank LtdEquity2,277.01 Cr6.47%
Bharti Airtel LtdEquity1,504.26 Cr4.28%
Bajaj Finance LtdEquity1,434.85 Cr4.08%
Infosys LtdEquity1,099.92 Cr3.13%
Eternal LtdEquity999.94 Cr2.84%
Torrent Power LtdEquity945.59 Cr2.69%
Tata Consultancy Services LtdEquity942.4 Cr2.68%
Mahindra & Mahindra LtdEquity862.23 Cr2.45%
UltraTech Cement LtdEquity786.84 Cr2.24%
Reliance Industries LtdEquity760.69 Cr2.16%
Divi's Laboratories LtdEquity746.54 Cr2.12%
PI Industries LtdEquity732.34 Cr2.08%
InterGlobe Aviation LtdEquity728 Cr2.07%
Pidilite Industries LtdEquity724.4 Cr2.06%
Larsen & Toubro LtdEquity689.67 Cr1.96%
Cholamandalam Investment and Finance Co LtdEquity616.67 Cr1.75%
CG Power & Industrial Solutions LtdEquity579.03 Cr1.65%
Kotak Mahindra Bank LtdEquity578.33 Cr1.64%
State Bank of IndiaEquity572.79 Cr1.63%
Avenue Supermarts LtdEquity529.22 Cr1.50%
Indian Hotels Co LtdEquity519.37 Cr1.48%
Sun Pharmaceuticals Industries LtdEquity511.48 Cr1.45%
Net Receivables / (Payables)Cash - Collateral492.5 Cr1.40%
Vishal Mega Mart LtdEquity456.44 Cr1.30%
Clearing Corporation Of India LtdCash - Repurchase Agreement416.12 Cr1.18%
TVS Motor Co LtdEquity405.57 Cr1.15%
The Federal Bank LtdEquity371.61 Cr1.06%
HDFC Life Insurance Co LtdEquity357.13 Cr1.02%
PB Fintech LtdEquity348.82 Cr0.99%
Sona BLW Precision Forgings LtdEquity347.5 Cr0.99%
Mankind Pharma LtdEquity341.67 Cr0.97%
Info Edge (India) LtdEquity334.9 Cr0.95%
Apollo Hospitals Enterprise LtdEquity332.62 Cr0.95%
Bajaj Auto LtdEquity313.16 Cr0.89%
Nestle India LtdEquity301.72 Cr0.86%
Fortis Healthcare LtdEquity295.17 Cr0.84%
Bharat Electronics LtdEquity279.89 Cr0.80%
Titan Co LtdEquity276.01 Cr0.78%
Hindustan Unilever LtdEquity273.32 Cr0.78%
Varun Beverages LtdEquity241.47 Cr0.69%
Trent LtdEquity240.55 Cr0.68%
Cummins India LtdEquity226.78 Cr0.64%
Apar Industries LtdEquity220.46 Cr0.63%
Karur Vysya Bank LtdEquity219.58 Cr0.62%
Hyundai Motor India LtdEquity211.26 Cr0.60%
REC LtdEquity207.57 Cr0.59%
Cipla LtdEquity201.85 Cr0.57%
GE Vernova T&D India LtdEquity195.41 Cr0.56%
Lupin LtdEquity193.98 Cr0.55%
Schaeffler India LtdEquity190.49 Cr0.54%
Astral LtdEquity189.27 Cr0.54%
United Spirits LtdEquity182.08 Cr0.52%
Max Healthcare Institute Ltd Ordinary SharesEquity179.43 Cr0.51%
Dixon Technologies (India) LtdEquity173.89 Cr0.49%
Premier Energies LtdEquity169.46 Cr0.48%
ICICI Lombard General Insurance Co LtdEquity168.89 Cr0.48%
Godrej Consumer Products LtdEquity167.25 Cr0.48%
Coromandel International LtdEquity165.97 Cr0.47%
Navin Fluorine International LtdEquity158.9 Cr0.45%
Sundaram Finance LtdEquity154.19 Cr0.44%
Prestige Estates Projects LtdEquity153.53 Cr0.44%
Blue Star LtdEquity147.57 Cr0.42%
Krishna Institute of Medical Sciences LtdEquity147.3 Cr0.42%
J.B. Chemicals & Pharmaceuticals LtdEquity138.82 Cr0.39%
Jyoti CNC Automation LtdEquity130.79 Cr0.37%
Torrent Pharmaceuticals LtdEquity123.83 Cr0.35%
Tech Mahindra LtdEquity112.11 Cr0.32%
ICICI Prudential Life Insurance Co LtdEquity110.15 Cr0.31%
Tata Steel LtdEquity110.02 Cr0.31%
Crompton Greaves Consumer Electricals LtdEquity104.49 Cr0.30%
Britannia Industries LtdEquity102.66 Cr0.29%
Havells India LtdEquity102.29 Cr0.29%
Hindustan Aeronautics Ltd Ordinary SharesEquity100.74 Cr0.29%
Phoenix Mills LtdEquity98.83 Cr0.28%
Anthem Biosciences LtdEquity98.74 Cr0.28%
Persistent Systems LtdEquity97.87 Cr0.28%
Godrej Properties LtdEquity97.12 Cr0.28%
Hindalco Industries LtdEquity96.51 Cr0.27%
HDB Financial Services LtdEquity94.06 Cr0.27%
Hitachi Energy India Ltd Ordinary SharesEquity92.06 Cr0.26%
Clean Science and Technology LtdEquity91.41 Cr0.26%
Samvardhana Motherson International LtdEquity90.27 Cr0.26%
HDFC Asset Management Co LtdEquity77.41 Cr0.22%
HCL Technologies LtdEquity73.17 Cr0.21%
KEI Industries LtdEquity64.42 Cr0.18%
Tata Consumer Products LtdEquity60.89 Cr0.17%
Brigade Enterprises LtdEquity59.27 Cr0.17%
Siemens Energy India LtdEquity55.06 Cr0.16%
Siemens LtdEquity51.58 Cr0.15%
Kaynes Technology India LtdEquity51.07 Cr0.15%
UNO Minda LtdEquity46.26 Cr0.13%
Solar Industries India LtdEquity33.75 Cr0.10%
Tata Power Co LtdEquity24.45 Cr0.07%

Allocation By Market Cap (Equity)

Large Cap Stocks

75.72%

Mid Cap Stocks

17.54%

Small Cap Stocks

3.61%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services10,578.59 Cr30.08%
Consumer Cyclical5,063.54 Cr14.40%
Industrials3,849.04 Cr10.94%
Healthcare3,311.41 Cr9.41%
Basic Materials2,900.14 Cr8.25%
Technology2,668.82 Cr7.59%
Consumer Defensive1,858.63 Cr5.28%
Communication Services1,839.16 Cr5.23%
Utilities1,025.11 Cr2.91%
Energy760.69 Cr2.16%
Real Estate408.76 Cr1.16%

Risk & Performance Ratios

Standard Deviation

This fund

13.14%

Cat. avg.

13.18%

Lower the better

Sharpe Ratio

This fund

0.58

Cat. avg.

0.84

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.39

Higher the better

Fund Managers

SD

Shreyash Devalkar

Since August 2023

Ashish Naik

Ashish Naik

Since August 2023

Additional Scheme Detailsas of 31st July 2025

ISIN
INF846K01EW2
Expense Ratio
0.80%
Exit Load
No Charges
Fund Size
₹35,172 Cr
Age
12 years 7 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth

Low Risk

2.3%0.0%₹61.00 Cr-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Low Risk

0.5%0.0%₹61.00 Cr-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹214.56 Cr-1.8%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth

High Risk

1.4%0.0%₹19.18 Cr8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹63.64 Cr-5.8%
SBI Long Term Advantage Fund Series II Regular Growth

Very High Risk

-0.0%₹34.17 Cr6.4%
SBI Long Term Advantage Fund Series II Direct Growth

Very High Risk

-0.0%₹34.17 Cr6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth

Very High Risk

-0.0%₹63.64 Cr-6.1%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth

High Risk

1.4%0.0%₹19.18 Cr8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth

Very High Risk

1.4%0.0%₹30.97 Cr-1.9%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth

Very High Risk

1.2%0.0%₹30.97 Cr-1.7%
Sundaram Long Term Tax Advantage Fund Series II Direct Growth

Very High Risk

1.2%0.0%₹13.02 Cr-0.6%
Sundaram Long Term Tax Advantage Fund Series II Regular Growth

Very High Risk

1.4%0.0%₹13.02 Cr-0.8%
SBI Long Term Advantage Fund Series I Regular Growth

Low Risk

-0.0%₹49.50 Cr16.8%
SBI Long Term Advantage Fund Series I Direct Growth

Low Risk

-0.0%₹49.50 Cr17.1%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth

Very High Risk

1.3%0.0%₹77.12 Cr-3.1%
SBI Long Term Advantage Fund Series VI Regular Growth

Very High Risk

-0.0%₹277.00 Cr-5.7%
SBI Long Term Advantage Fund Series VI Direct Growth

Very High Risk

-0.0%₹277.00 Cr-5.3%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Regular Growth

Very High Risk

1.4%0.0%₹77.12 Cr-3.2%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Very High Risk

1.2%-₹34.34 Cr-2.1%
SBI Tax Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹33.26 Cr32.0%
SBI Tax Advantage Fund Series III Regular Growth

Very High Risk

-0.0%₹33.26 Cr31.5%
Sundaram Long Term Tax Advantage Fund Series III Regular Growth

Very High Risk

1.4%-₹34.34 Cr-2.4%
ICICI Prudential Long Term Wealth Enhancement Fund Regular Growth

Very High Risk

1.4%0.0%₹40.95 Cr0.2%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Very High Risk

1.0%0.0%₹40.95 Cr0.6%
Sundaram Long Term Tax Advantage Fund Series IV Regular Growth

Very High Risk

1.4%0.0%₹22.85 Cr-1.5%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth

Very High Risk

1.2%0.0%₹22.85 Cr-1.3%
SBI Long Term Advantage Fund Series III Regular Growth

Very High Risk

-0.0%₹69.95 Cr-11.8%
SBI Long Term Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹69.95 Cr-11.4%
SBI Long Term Advantage Fund Series V Direct Growth

Very High Risk

-0.0%₹387.55 Cr13.8%
SBI Long Term Advantage Fund Series V Regular Growth

Very High Risk

-0.0%₹387.55 Cr13.4%
SBI Long Term Advantage Fund Series IV Regular Growth

Very High Risk

-0.0%₹203.68 Cr-9.8%
SBI Long Term Advantage Fund Series IV Direct Growth

Very High Risk

-0.0%₹203.68 Cr-9.4%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth

Very High Risk

1.3%0.0%₹36.37 Cr-2.6%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth

Very High Risk

1.4%0.0%₹36.37 Cr-2.8%
Invesco India Tax Plan Regular Growth

Very High Risk

1.9%0.0%₹2821.90 Cr-2.0%
HSBC ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹4143.69 Cr-1.1%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1114.91 Cr-0.9%
Kotak Taxsaver Fund Direct Growth

Very High Risk

0.6%0.0%₹6354.72 Cr-2.6%
Invesco India Tax Plan Direct Growth

Very High Risk

0.8%0.0%₹2821.90 Cr-0.9%
HSBC Tax Saver Equity Fund Regular Growth

Very High Risk

2.5%0.0%₹249.72 Cr4.0%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth

Very High Risk

1.1%0.0%₹14403.12 Cr1.9%
Sundaram Tax Savings Fund Direct Growth

Very High Risk

1.7%0.0%₹1376.95 Cr1.9%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.7%0.0%₹6973.73 Cr-3.1%
Nippon India Tax Saver (ELSS) Fund Direct Growth

Very High Risk

1.0%0.0%₹15338.90 Cr-1.5%
JM Tax Gain Fund Direct Growth

Very High Risk

1.1%0.0%₹206.74 Cr-5.1%
Samco ELSS Tax Saver Fund Direct Growth

Very High Risk

1.0%0.0%₹124.39 Cr-12.4%
Samco ELSS Tax Saver Fund Regular Growth

Very High Risk

2.4%0.0%₹124.39 Cr-13.7%
Mahindra Manulife ELSS Fund Regular Growth

Very High Risk

2.2%0.0%₹952.81 Cr-1.8%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.6%0.0%₹952.81 Cr-0.3%

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹3,49,980 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹48.51 Cr6.5%
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹5344.77 Cr-4.3%
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%₹92.41 Cr8.1%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low Risk

-0.0%₹76.51 Cr7.5%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹78.91 Cr7.7%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13190.29 Cr8.3%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹1019.31 Cr23.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹522.45 Cr-7.3%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹13083.62 Cr2.3%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹20133.86 Cr8.1%
Axis Equity Hybrid Fund Direct Growth

High Risk

1.1%1.0%₹1569.73 Cr1.2%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1184.41 Cr3.2%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹9468.86 Cr9.0%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1228.82 Cr-3.2%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹7069.18 Cr7.4%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.5%1.0%₹645.05 Cr37.5%
Axis Value Fund Direct Growth

Very High Risk

0.8%1.0%₹1004.52 Cr-1.5%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.1%0.0%₹1480.95 Cr8.2%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹614.97 Cr5.4%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33360.42 Cr0.6%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1255.48 Cr7.1%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹1180.38 Cr37.1%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹12585.12 Cr2.2%
Axis Regular Saver Fund Direct Growth

Very High Risk

1.0%1.0%₹279.63 Cr5.4%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.6%1.0%₹1893.22 Cr9.0%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35172.50 Cr1.3%
Axis Short Term Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹12125.18 Cr9.1%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹40129.61 Cr7.1%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹1499.90 Cr4.5%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹31383.93 Cr1.4%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹7449.25 Cr8.3%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹945.30 Cr4.0%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹3431.21 Cr3.9%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.3%0.0%₹473.86 Cr-3.0%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹126.14 Cr-11.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹34.25 Cr8.1%
Axis Credit Risk Fund Direct Growth

High Risk

0.8%1.0%₹364.05 Cr9.4%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.4%0.0%₹6752.81 Cr7.9%
Axis Multicap Fund Direct Growth

Very High Risk

0.7%1.0%₹8291.80 Cr0.5%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹77.66 Cr8.3%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹256.76 Cr7.3%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.2%0.0%₹176.82 Cr32.9%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹362.08 Cr-10.0%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low Risk

0.2%0.0%₹457.54 Cr7.4%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹388.32 Cr2.4%

Still got questions?
We're here to help.

The NAV of Axis Long Term Equity Fund Direct Growth, as of 26-Aug-2025, is ₹108.71.
The fund has generated 1.34% over the last 1 year and 13.03% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.42% in equities, 0.00% in bonds, and 2.58% in cash and cash equivalents.
The fund managers responsible for Axis Long Term Equity Fund Direct Growth are:-
  1. Shreyash Devalkar
  2. Ashish Naik
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