Axis Long Term Equity Fund Regular Growth
EquityELSS (Tax Savings)Very High Risk
Regular
NAV (25-Jul-24)
₹92.690.39%1D
Returns (Since Inception)
16.51%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹37,106 Cr
Expense Ratio
1.52%
ISIN
INF846K01131
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
29 Dec 2009
About this fund
Axis Long Term Equity Fund Regular Growth is a ELSS (Tax Savings) mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 14 years, 6 months and 27 days, having been launched on 29-Dec-09.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹92.69, Assets Under Management (AUM) of 37106.30 Crores, and an expense ratio of 1.52%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹92.69, Assets Under Management (AUM) of 37106.30 Crores, and an expense ratio of 1.52%.
- Axis Long Term Equity Fund Regular Growth has given a CAGR return of 16.51% since inception.
- The fund's asset allocation comprises around 97.85% in equities, 0.00% in debts, and 2.15% in cash & cash equivalents.
- You can start investing in Axis Long Term Equity Fund Regular 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
+29.36%
+37.41% (Cat Avg.)
3 Years
+10.85%
+19.51% (Cat Avg.)
5 Years
+16.20%
+21.13% (Cat Avg.)
10 Years
+14.48%
+15.42% (Cat Avg.)
Since Inception
+16.51%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹36,307.38 Cr | 97.85% |
| Others | ₹798.92 Cr | 2.15% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹2,463.33 Cr | 6.64% |
| Tata Consultancy Services Ltd | Equity | ₹2,133.64 Cr | 5.75% |
| Avenue Supermarts Ltd | Equity | ₹1,924.92 Cr | 5.19% |
| Torrent Power Ltd | Equity | ₹1,916.9 Cr | 5.17% |
| Bajaj Finance Ltd | Equity | ₹1,826.24 Cr | 4.92% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹1,190.77 Cr | 3.21% |
| Mahindra & Mahindra Ltd | Equity | ₹1,162.06 Cr | 3.13% |
| Divi's Laboratories Ltd | Equity | ₹1,129.05 Cr | 3.04% |
| Pidilite Industries Ltd | Equity | ₹1,103.97 Cr | 2.98% |
| Nestle India Ltd | Equity | ₹960.21 Cr | 2.59% |
| ICICI Bank Ltd | Equity | ₹922.54 Cr | 2.49% |
| PI Industries Ltd | Equity | ₹914.35 Cr | 2.46% |
| Info Edge (India) Ltd | Equity | ₹887.37 Cr | 2.39% |
| Bharti Airtel Ltd | Equity | ₹840.24 Cr | 2.26% |
| Astral Ltd | Equity | ₹837.74 Cr | 2.26% |
| Reliance Industries Ltd | Equity | ₹787.71 Cr | 2.12% |
| CG Power & Industrial Solutions Ltd | Equity | ₹738.99 Cr | 1.99% |
| Bajaj Finserv Ltd | Equity | ₹707.96 Cr | 1.91% |
| Sundaram Finance Ltd | Equity | ₹666.22 Cr | 1.80% |
| Tata Motors Ltd | Equity | ₹641.64 Cr | 1.73% |
| Larsen & Toubro Ltd | Equity | ₹627.96 Cr | 1.69% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹612 Cr | 1.65% |
| Zomato Ltd | Equity | ₹589.75 Cr | 1.59% |
| Indian Hotels Co Ltd | Equity | ₹588.91 Cr | 1.59% |
| Kotak Mahindra Bank Ltd | Equity | ₹567.65 Cr | 1.53% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹547.12 Cr | 1.47% |
| Sona BLW Precision Forgings Ltd | Equity | ₹535.08 Cr | 1.44% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹531.73 Cr | 1.43% |
| State Bank of India | Equity | ₹512.67 Cr | 1.38% |
| Bajaj Auto Ltd | Equity | ₹473.06 Cr | 1.27% |
| UltraTech Cement Ltd | Equity | ₹426.15 Cr | 1.15% |
| Cummins India Ltd | Equity | ₹380.46 Cr | 1.03% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹308.74 Cr | 0.83% |
| Mankind Pharma Ltd | Equity | ₹307.02 Cr | 0.83% |
| InterGlobe Aviation Ltd | Equity | ₹297.75 Cr | 0.80% |
| Net Receivables / (Payables) | Cash | ₹267.19 Cr | 0.72% |
| NTPC Ltd | Equity | ₹257.4 Cr | 0.69% |
| Persistent Systems Ltd | Equity | ₹256.16 Cr | 0.69% |
| Tata Steel Ltd | Equity | ₹225.25 Cr | 0.61% |
| Schaeffler India Ltd | Equity | ₹219.09 Cr | 0.59% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹215.6 Cr | 0.58% |
| Tech Mahindra Ltd | Equity | ₹214.7 Cr | 0.58% |
| Shree Cement Ltd | Equity | ₹197.33 Cr | 0.53% |
| Oil India Ltd | Equity | ₹196.73 Cr | 0.53% |
| Navin Fluorine International Ltd | Equity | ₹196.09 Cr | 0.53% |
| PB Fintech Ltd | Equity | ₹193.3 Cr | 0.52% |
| Infosys Ltd | Equity | ₹191.97 Cr | 0.52% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹191.67 Cr | 0.52% |
| SBI Life Insurance Company Limited | Equity | ₹184.56 Cr | 0.50% |
| Power Grid Corp Of India Ltd | Equity | ₹183.85 Cr | 0.50% |
| Hindustan Unilever Ltd | Equity | ₹182.15 Cr | 0.49% |
| REC Ltd | Equity | ₹179.26 Cr | 0.48% |
| Fortis Healthcare Ltd | Equity | ₹178.42 Cr | 0.48% |
| Bharat Electronics Ltd | Equity | ₹173.83 Cr | 0.47% |
| Cipla Ltd | Equity | ₹171.26 Cr | 0.46% |
| Jio Financial Services Ltd | Equity | ₹169.52 Cr | 0.46% |
| Apar Industries Ltd | Equity | ₹166.61 Cr | 0.45% |
| Bharat Petroleum Corp Ltd | Equity | ₹164.65 Cr | 0.44% |
| Dabur India Ltd | Equity | ₹152.34 Cr | 0.41% |
| Tata Elxsi Ltd | Equity | ₹146.54 Cr | 0.39% |
| Titan Co Ltd | Equity | ₹145.99 Cr | 0.39% |
| Clean Science and Technology Ltd | Equity | ₹125.67 Cr | 0.34% |
| United Spirits Ltd | Equity | ₹116.09 Cr | 0.31% |
| Coforge Ltd | Equity | ₹115.57 Cr | 0.31% |
| Varun Beverages Ltd | Equity | ₹115.43 Cr | 0.31% |
| Lupin Ltd | Equity | ₹104.15 Cr | 0.28% |
| MAS Financial Services Ltd Ordinary Shares | Equity | ₹72.67 Cr | 0.20% |
| Coal India Ltd | Equity | ₹67.5 Cr | 0.18% |
| Hindalco Industries Ltd | Equity | ₹66.29 Cr | 0.18% |
| Samvardhana Motherson International Ltd | Equity | ₹50.08 Cr | 0.13% |
| KEI Industries Ltd | Equity | ₹44.2 Cr | 0.12% |
| TVS Motor Co Ltd | Equity | ₹35.47 Cr | 0.10% |
| Siemens Ltd | Equity | ₹30.45 Cr | 0.08% |
| Power Finance Corp Ltd | Equity | ₹29.11 Cr | 0.08% |
| Dixon Technologies (India) Ltd | Equity | ₹25.54 Cr | 0.07% |
| DLF Ltd | Equity | ₹16.16 Cr | 0.04% |
| Godrej Properties Ltd | Equity | ₹8.54 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
70.01%
Mid Cap Stocks
26.32%
Small Cap Stocks
1.51%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹9,877.47 Cr | 26.62% |
| Consumer Cyclical | ₹4,441.13 Cr | 11.97% |
| Industrials | ₹3,845.12 Cr | 10.36% |
| Consumer Defensive | ₹3,451.14 Cr | 9.30% |
| Basic Materials | ₹3,255.11 Cr | 8.77% |
| Technology | ₹3,084.13 Cr | 8.31% |
| Healthcare | ₹3,026.24 Cr | 8.16% |
| Utilities | ₹2,358.15 Cr | 6.36% |
| Communication Services | ₹1,727.61 Cr | 4.66% |
| Energy | ₹1,216.59 Cr | 3.28% |
| Real Estate | ₹24.7 Cr | 0.07% |
Risk & Performance Ratios
Standard Deviation
This fund
15.84%
Cat. avg.
12.52%
Lower the better
Sharpe Ratio
This fund
0.40
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
Since August 2023
Additional Scheme Detailsas of 30th June 2024
ISIN | INF846K01131 | Expense Ratio | 1.52% | Exit Load | No Charges | Fund Size | ₹37,106 Cr | Age | 29 Dec 2009 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4551.18 Cr | 34.0% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4551.18 Cr | 32.5% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹37106.30 Cr | 29.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹3731.20 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹3731.20 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.22 Cr | 41.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.22 Cr | 39.5% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹363.38 Cr | 55.5% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹363.38 Cr | 52.7% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1649.12 Cr | 25.5% |
About the AMC
Total AUM
₹2,86,505 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Axis Long Term Equity Fund Regular Growth?
The NAV of Axis Long Term Equity Fund Regular Growth, as of 25-Jul-2024, is ₹92.69.
What are the returns of Axis Long Term Equity Fund Regular Growth?
The fund has generated 29.36% over the last 1 year and 10.85% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Long Term Equity Fund Regular Growth?
The fund's allocation of assets is distributed as 97.85% in equities, 0.00% in bonds, and 2.15% in cash and cash equivalents.
Who manages the Axis Long Term Equity Fund Regular Growth?
The fund managers responsible for Axis Long Term Equity Fund Regular Growth are:-
- Shreyash Devalkar
- Ashish Naik
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.