Fund Overview

Fund Size

Fund Size

₹31,411 Cr

Expense Ratio

Expense Ratio

0.78%

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 one of the ELSS (Tax Savings) mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 10 years, 8 months and 28 days, having been launched on 01-Jan-13.
As of 27-Sep-23, it has a Net Asset Value (NAV) of ₹80.94, Assets Under Management (AUM) of 31411.08 Crores, and an expense ratio of 0.78%.
  • Axis Long Term Equity Fund Direct Growth has given a CAGR return of 17.06% since inception.
  • The fund's asset allocation comprises around 98.03% in equities, 0.00% in debts, and 1.97% 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.

Fund Managers

SD

Shreyash Devalkar

Since August 2023

AN

Ashish Naik

Since August 2023

About the AMC

Axis Mutual Fund

Axis Mutual Fund

Total AUM

₹5,20,667 Cr

Address

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

Other Funds by Axis Mutual Fund

Fund nameFund size
1Y returns
Axis Short Term Fund Regular Growth

Moderate Risk

₹7448.84 Cr6.8%
Axis Overnight Fund Regular Growth

Low Risk

₹13210.07 Cr6.5%
Axis Overnight Fund Direct Growth

Low Risk

₹13210.07 Cr6.5%
Axis Long Term Equity Fund Regular Growth

Very High Risk

₹31411.08 Cr10.3%
Axis Strategic Bond Fund Regular Growth

Moderate Risk

₹1975.36 Cr7.2%
Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth

Moderate Risk

₹2004.63 Cr7.8%
Axis CRISIL IBX SDL May 2027 Index Fund Regular Growth

Moderate Risk

₹2004.63 Cr7.6%
Axis Business Cycles Fund Regular Growth

Very High Risk

₹2509.29 Cr-
Axis Floater Fund Direct Growth

Moderate Risk

₹328.59 Cr7.7%
Axis Floater Fund Regular Growth

Moderate Risk

₹328.59 Cr7.3%
Axis Equity ETFs FoF Regular Growth

Very High Risk

₹14.76 Cr16.5%
Axis Equity ETFs FoF Direct Growth

Very High Risk

₹14.76 Cr16.7%
Axis Retirement Savings Fund - Aggressive Plan Regular Growth

Very High Risk

₹700.16 Cr8.9%
Axis Retirement Savings Fund - Conservative Plan Direct Growth

High Risk

₹77.81 Cr10.0%
Axis Retirement Savings Fund - Aggressive Plan Direct Growth

Very High Risk

₹700.16 Cr10.7%
Axis Retirement Savings Fund - Dynamic Plan Regular Growth

Very High Risk

₹292.84 Cr7.2%
Axis Retirement Savings Fund - Dynamic Plan Direct Growth

Very High Risk

₹292.84 Cr9.2%
Axis Retirement Savings Fund - Conservative Plan Regular Growth

High Risk

₹77.81 Cr8.2%
Axis Midcap Fund Regular Growth

Very High Risk

₹22664.68 Cr17.1%
Axis Nifty 100 Index Fund Regular Growth

Very High Risk

₹958.99 Cr13.1%
Axis Nifty 100 Index Fund Direct Growth

Very High Risk

₹958.99 Cr14.1%
Axis Business Cycles Fund Direct Growth

Very High Risk

₹2509.29 Cr-
Axis NASDAQ 100 Fund of Fund Direct Growth

Very High Risk

₹117.34 Cr-
Axis NASDAQ 100 Fund of Fund Regular Growth

Very High Risk

₹117.34 Cr-
Axis NIFTY IT ETF

Very High Risk

₹176.96 Cr19.6%
Axis NIFTY Healthcare ETF

Very High Risk

₹14.43 Cr18.3%
Axis Gold ETF

High Risk

₹811.01 Cr16.3%
Axis NIFTY Bank ETF

Very High Risk

₹162.53 Cr18.1%
Axis Global Innovation Fund of Fund Regular Growth

Very High Risk

₹856.75 Cr18.8%
Axis Global Innovation Fund of Fund Direct Growth

Very High Risk

₹856.75 Cr20.2%
Axis Growth Opportunities Fund Direct Growth

Very High Risk

₹9686.04 Cr19.7%
Axis Growth Opportunities Fund Regular Growth

Very High Risk

₹9686.04 Cr18.2%
Axis Small Cap Fund Regular Growth

Very High Risk

₹15847.24 Cr24.0%
Axis Small Cap Fund Direct Growth

Very High Risk

₹15847.24 Cr25.5%
Axis Gold Fund Regular Growth

High Risk

₹333.01 Cr16.9%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

₹303.03 Cr16.9%
Axis Nifty 50 Index Fund Regular Growth

Very High Risk

₹303.03 Cr16.6%
Axis Long Duration Fund Direct Growth

Moderate Risk

₹184.91 Cr-
Axis Long Duration Fund Regular Growth

Moderate Risk

₹184.91 Cr-
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

₹594.95 Cr7.3%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Regular Growth

Low to Moderate Risk

₹594.95 Cr7.1%
Axis Nifty Next 50 Index Fund Regular Growth

Very High Risk

₹89.99 Cr6.4%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

₹89.99 Cr7.1%
Axis Silver Fund of Funds Regular Growth

Very High Risk

₹32.31 Cr31.2%
Axis Silver ETF

Very High Risk

₹39.02 Cr27.1%
Axis Silver Fund of Funds Direct Growth

Very High Risk

₹32.31 Cr32.0%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

₹287.61 Cr7.2%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Regular Growth

Low to Moderate Risk

₹287.61 Cr7.1%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

₹66.51 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Regular Growth

Moderate Risk

₹66.51 Cr-
Axis Multicap Fund Direct Growth

Very High Risk

₹4380.95 Cr25.2%
Axis Multicap Fund Regular Growth

Very High Risk

₹4380.95 Cr23.5%
Axis Ultra Short Term Fund Direct Growth

Low to Moderate Risk

₹5025.43 Cr7.4%
Axis Ultra Short Term Fund Regular Growth

Low to Moderate Risk

₹5025.43 Cr6.5%
Axis Credit Risk Fund Regular Growth

Moderately High risk

₹522.31 Cr7.1%
Axis Credit Risk Fund Direct Growth

Moderately High risk

₹522.31 Cr8.0%
Axis Nifty Midcap 50 Index Fund Regular Growth

Low Risk

₹105.68 Cr40.9%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

₹105.68 Cr42.0%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

₹1978.89 Cr14.2%
Axis Balanced Advantage Fund Regular Growth

Moderately High risk

₹1978.89 Cr12.8%
Axis Equity Saver Fund Direct Growth

Moderately High risk

₹888.02 Cr11.5%
Axis Equity Saver Fund Regular Growth

Moderately High risk

₹888.02 Cr10.1%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

₹5541.98 Cr7.4%
Axis Midcap Fund Direct Growth

Very High Risk

₹22664.68 Cr18.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

₹1365.48 Cr10.1%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

₹29066.92 Cr7.0%
Axis Short Term Fund Direct Growth

Moderate Risk

₹7448.84 Cr7.5%
Axis Long Term Equity Fund Direct Growth

Very High Risk

₹31411.08 Cr11.2%
Axis Strategic Bond Fund Direct Growth

Moderate Risk

₹1975.36 Cr8.0%
Axis Regular Saver Fund Direct Growth

Moderately High risk

₹443.38 Cr8.5%
Axis Focused 25 Fund Direct Growth

Very High Risk

₹14695.36 Cr6.1%
Axis Gold Fund Direct Growth

High Risk

₹333.01 Cr17.1%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

₹1820.65 Cr8.0%
Axis Bluechip Fund Direct Growth

Very High Risk

₹32153.40 Cr9.8%
Axis Gilt Fund Direct Growth

Moderate Risk

₹212.53 Cr6.7%
Axis Quant Fund Regular Growth

Very High Risk

₹961.91 Cr17.0%
Axis Quant Fund Direct Growth

Very High Risk

₹961.91 Cr18.8%
Axis Regular Saver Fund Regular Growth

Moderately High risk

₹443.38 Cr7.0%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

₹169.09 Cr7.2%
Axis All Seasons Debt Fund of Funds Regular Growth

Moderately High risk

₹169.09 Cr6.9%
Axis Value Fund Regular Growth

Very High Risk

₹323.50 Cr29.1%
Axis Value Fund Direct Growth

Very High Risk

₹323.50 Cr30.8%
Axis Greater China Equity Fund of Fund Regular Growth

Very High Risk

₹138.84 Cr2.3%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

₹138.84 Cr3.5%
Axis Multi Asset Allocation Fund Regular Growth

Very High Risk

₹1365.48 Cr8.6%
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF

Low to Moderate Risk

₹1502.10 Cr7.4%
Axis Banking & PSU Debt Fund Regular Growth

Moderate Risk

₹14452.57 Cr6.7%
Axis Arbitrage Fund Direct Growth

Low Risk

₹2790.24 Cr7.4%
Axis ESG Equity Fund Direct Growth

Very High Risk

₹1409.64 Cr16.8%
Axis ESG Equity Fund Regular Growth

Very High Risk

₹1409.64 Cr15.4%
Axis Arbitrage Fund Regular Growth

Low Risk

₹2790.24 Cr6.6%
Axis Corporate Debt Fund Regular Growth

Moderate Risk

₹4940.60 Cr6.9%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

₹4940.60 Cr7.7%
Axis Bluechip Fund Regular Growth

Very High Risk

₹32153.40 Cr8.7%
Axis NIFTY India Consumption ETF

Very High Risk

₹11.84 Cr8.1%
Axis Special Situations Fund Regular Growth

Very High Risk

₹1313.65 Cr14.0%
Axis Special Situations Fund Direct Growth

Very High Risk

₹1313.65 Cr15.6%
Axis Liquid Fund Regular Growth

Low to Moderate Risk

₹29066.92 Cr6.9%
Axis Focused 25 Fund Regular Growth

Very High Risk

₹14695.36 Cr5.1%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

₹1692.41 Cr9.9%
Axis Equity Hybrid Fund Regular Growth

Very High Risk

₹1692.41 Cr8.6%
Axis Treasury Advantage Fund Regular Growth

Low to Moderate Risk

₹5541.98 Cr7.0%
Axis NIFTY 50 ETF

Very High Risk

₹164.49 Cr16.9%
Axis Money Market Fund Regular Growth

Low to Moderate Risk

₹8320.30 Cr7.3%
Axis Gilt Fund Regular Growth

Moderate Risk

₹212.53 Cr6.0%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

₹8320.30 Cr7.5%
Axis Dynamic Bond Fund Regular Growth

Moderate Risk

₹1820.65 Cr7.6%
Axis Flexi Cap Fund Direct Growth

Very High Risk

₹11060.36 Cr10.6%
Axis Flexi Cap Fund Regular Growth

Very High Risk

₹11060.36 Cr9.4%
Axis Nifty Smallcap 50 Index Fund Regular Growth

Very High Risk

₹77.42 Cr37.5%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

₹77.42 Cr38.6%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

₹968.88 Cr22.3%
Axis Global Equity Alpha Fund of Fund Regular Growth

Very High Risk

₹968.88 Cr20.9%
Axis Nifty SDL September 2026 Debt Index Fund Regular Growth

Low to Moderate Risk

₹75.06 Cr-
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

₹14452.57 Cr7.0%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

₹75.06 Cr-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

--
Axis Fixed Term Plan Series 105 1128 Days Regular Growth

Moderate Risk

--
Axis Fixed Term Plan Series 110 1553 Days Regular Growth

Moderate Risk

--
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

--

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

Returns Calculator

Total investment of --

Would have become

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A monthly SIP of ₹500 in this fund over the past 1 year(s) with a yearly stepup of 0% would be valued at ₹0 today.

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The NAV of Axis Long Term Equity Fund Direct Growth, as of 27-Sep-2023, is ₹80.94.
The fund has generated 11.19% over the last 1 year and 18.07% 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 98.03% in equities, 0.00% in bonds, and 1.97% in cash and cash equivalents.
The fund managers responsible for Axis Long Term Equity Fund Direct Growth are:-
  1. Shreyash Devalkar
  2. Ashish Naik