Dezerv

Fund Overview

Fund Size

Fund Size

₹34,896 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 11 years, 5 months and 21 days, having been launched on 01-Jan-13.
As of 21-Jun-24, it has a Net Asset Value (NAV) of ₹101.21, Assets Under Management (AUM) of 34895.64 Crores, and an expense ratio of 0.8%.
  • Axis Long Term Equity Fund Direct Growth has given a CAGR return of 18.17% since inception.
  • The fund's asset allocation comprises around 95.56% in equities, 0.00% in debts, and 4.44% 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

+27.63%

+38.32% (Cat Avg.)

3 Years

+11.82%

+19.68% (Cat Avg.)

5 Years

+15.83%

+19.34% (Cat Avg.)

10 Years

+16.12%

+15.61% (Cat Avg.)

Since Inception

+18.17%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity33,344.83 Cr95.56%
Others1,550.81 Cr4.44%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity2,079.16 Cr5.96%
Tata Consultancy Services LtdEquity2,006.2 Cr5.75%
Torrent Power LtdEquity1,968.67 Cr5.64%
Avenue Supermarts LtdEquity1,755.72 Cr5.03%
Bajaj Finance LtdEquity1,752.48 Cr5.02%
Net Receivables / (Payables)Cash1,378.8 Cr3.95%
Divi's Laboratories LtdEquity1,119.92 Cr3.21%
Pidilite Industries LtdEquity1,078.38 Cr3.09%
Nestle India LtdEquity1,054.24 Cr3.02%
Cholamandalam Investment and Finance Co LtdEquity1,038.19 Cr2.98%
Mahindra & Mahindra LtdEquity1,015.97 Cr2.91%
PI Industries LtdEquity851.99 Cr2.44%
Bharti Airtel LtdEquity798.75 Cr2.29%
Info Edge (India) LtdEquity755.19 Cr2.16%
Astral LtdEquity737.83 Cr2.11%
CG Power & Industrial Solutions LtdEquity710.12 Cr2.03%
Tata Motors LtdEquity688.57 Cr1.97%
Reliance Industries LtdEquity684.01 Cr1.96%
Bajaj Finserv LtdEquity681.42 Cr1.95%
ICICI Bank LtdEquity677.6 Cr1.94%
Sundaram Finance LtdEquity608.8 Cr1.74%
Sun Pharmaceuticals Industries LtdEquity587.43 Cr1.68%
Larsen & Toubro LtdEquity577.3 Cr1.65%
Sona BLW Precision Forgings LtdEquity543.51 Cr1.56%
Kotak Mahindra Bank LtdEquity529.2 Cr1.52%
Zomato LtdEquity526.79 Cr1.51%
Indian Hotels Co LtdEquity525.17 Cr1.50%
Tube Investments of India Ltd Ordinary SharesEquity459.46 Cr1.32%
Bajaj Auto LtdEquity452.3 Cr1.30%
State Bank of IndiaEquity385.39 Cr1.10%
Cummins India LtdEquity340.6 Cr0.98%
Mankind Pharma LtdEquity308.54 Cr0.88%
Apollo Hospitals Enterprise LtdEquity291.45 Cr0.84%
Shree Cement LtdEquity288.42 Cr0.83%
InterGlobe Aviation LtdEquity264.67 Cr0.76%
UltraTech Cement LtdEquity259.79 Cr0.74%
Tata Steel LtdEquity216.44 Cr0.62%
Persistent Systems LtdEquity205.98 Cr0.59%
NTPC LtdEquity197.84 Cr0.57%
Schaeffler India LtdEquity196.03 Cr0.56%
Navin Fluorine International LtdEquity190.84 Cr0.55%
Titan Co LtdEquity187.66 Cr0.54%
Tech Mahindra LtdEquity184.4 Cr0.53%
PB Fintech LtdEquity179.07 Cr0.51%
Fortis Healthcare LtdEquity178.33 Cr0.51%
Oil India LtdEquity172.96 Cr0.50%
Max Healthcare Institute Ltd Ordinary SharesEquity172.32 Cr0.49%
Power Grid Corp Of India LtdEquity172.21 Cr0.49%
Clearing Corporation Of India LtdCash - Repurchase Agreement172.01 Cr0.49%
Hindustan Unilever LtdEquity171.55 Cr0.49%
SBI Life Insurance Company LimitedEquity171.5 Cr0.49%
Bharat Petroleum Corp LtdEquity170.04 Cr0.49%
ICICI Lombard General Insurance Co LtdEquity169.3 Cr0.49%
Cipla LtdEquity167.37 Cr0.48%
Jio Financial Services LtdEquity162.99 Cr0.47%
Tata Elxsi LtdEquity157.11 Cr0.45%
Apar Industries LtdEquity150.05 Cr0.43%
Dabur India LtdEquity138.24 Cr0.40%
Infosys LtdEquity137.21 Cr0.39%
Coal India LtdEquity119.86 Cr0.34%
REC LtdEquity117.39 Cr0.34%
Clean Science and Technology LtdEquity114.76 Cr0.33%
United Spirits LtdEquity105.44 Cr0.30%
Coforge LtdEquity105.24 Cr0.30%
Bharat Electronics LtdEquity103.73 Cr0.30%
Lupin LtdEquity101.66 Cr0.29%
Varun Beverages LtdEquity101.07 Cr0.29%
MAS Financial Services Ltd Ordinary SharesEquity71.3 Cr0.20%
Power Finance Corp LtdEquity70.45 Cr0.20%
Samvardhana Motherson International LtdEquity39.8 Cr0.11%
Global Health LtdEquity21.39 Cr0.06%
Dixon Technologies (India) LtdEquity20.05 Cr0.06%

Allocation By Market Cap (Equity)

Large Cap Stocks

68.11%

Mid Cap Stocks

25.88%

Small Cap Stocks

1.57%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services8,694.24 Cr24.91%
Consumer Cyclical4,175.8 Cr11.97%
Industrials3,343.77 Cr9.58%
Consumer Defensive3,326.26 Cr9.53%
Basic Materials3,000.63 Cr8.60%
Healthcare2,948.4 Cr8.45%
Technology2,816.19 Cr8.07%
Utilities2,338.73 Cr6.70%
Communication Services1,553.94 Cr4.45%
Energy1,146.88 Cr3.29%

Risk & Performance Ratios

Standard Deviation

This fund

15.44%

Cat. avg.

12.52%

Lower the better

Sharpe Ratio

This fund

0.38

Cat. avg.

0.97

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.80

Higher the better

Fund Managers

SD

Shreyash Devalkar

Since August 2023

Ashish Naik

Ashish Naik

Since August 2023

Additional Scheme Detailsas of 31st May 2024

ISININF846K01EW2Expense Ratio0.80%Exit LoadNo ChargesFund Size₹34,896 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4199.87 Cr38.0%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4199.87 Cr36.5%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹34895.64 Cr26.7%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3454.03 Cr34.1%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3454.03 Cr32.6%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹51.18 Cr42.4%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹51.18 Cr40.1%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹337.77 Cr57.6%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹337.77 Cr54.8%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1577.96 Cr27.6%

About the AMC

Total AUM

₹2,83,506 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 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%₹97.34 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.3%1.0%₹5193.03 Cr-
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%-7.0%
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 to Moderate Risk

-0.0%-7.1%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹78.66 Cr7.3%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13655.53 Cr6.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.8%1.0%₹884.80 Cr23.7%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹310.57 Cr74.9%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12011.72 Cr33.7%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹9712.92 Cr7.6%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1575.04 Cr21.7%
Axis Special Situations Fund Direct Growth

Very High Risk

1.2%1.0%₹1208.96 Cr36.3%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5358.07 Cr7.6%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1338.05 Cr29.3%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹4938.62 Cr8.5%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹173.58 Cr-0.3%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹562.25 Cr50.2%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%1.0%₹176.22 Cr7.9%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹401.91 Cr9.0%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹32707.97 Cr28.4%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1670.79 Cr7.2%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹495.31 Cr23.0%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13341.11 Cr23.9%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹333.46 Cr10.9%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.4%1.0%₹1936.08 Cr8.2%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹34895.64 Cr27.6%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7926.48 Cr7.5%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹31456.19 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.2%1.0%₹1197.41 Cr21.9%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹27747.62 Cr46.1%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5430.17 Cr7.5%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹900.23 Cr19.1%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2183.67 Cr28.3%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹313.07 Cr55.4%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹104.49 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.47 Cr7.2%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹450.27 Cr8.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹5056.94 Cr7.6%
Axis Multicap Fund Direct Growth

Very High Risk

0.6%1.0%₹5473.59 Cr51.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹69.12 Cr7.1%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹291.10 Cr6.9%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹41.85 Cr27.6%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹197.81 Cr61.9%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹568.40 Cr7.1%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹256.47 Cr10.3%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹449.68 Cr25.8%

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 21-Jun-2024, is ₹101.21.
The fund has generated 27.63% over the last 1 year and 11.82% 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 95.56% in equities, 0.00% in bonds, and 4.44% in cash and cash equivalents.
The fund managers responsible for Axis Long Term Equity Fund Direct Growth are:-
  1. Shreyash Devalkar
  2. Ashish Naik