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Fincash » Mutual Funds » Axis Long Term Equity Fund

Axis Long Term Equity Fund - G

NAV  ₹87.0049 ↓ -0.24  (-0.27 %) as on 12 Apr 24

Scheme Objective

To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Axis Long Term Equity Fund is a Equity - ELSS fund launched on 29 Dec 09. It is a fund with Moderately High risk and has given a CAGR return of 16.4% since its launch.  Ranked 20 in ELSS category.  Return for 2023 was 22% , 2022 was -12% and 2021 was 24.5% .

Below is the key information for Axis Long Term Equity Fund

NAV as on 12 Apr 24₹87.0049 ↓ -0.24  (-0.27 %)
Net Assets (AUM) as on 29 Feb 2024 ₹34,025 Cr.
Launch Date29 Dec 2009
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCAxis Asset Management Company Limited
Alpha Ratio-4.18
Expense Ratio1.61 %
Sharpe Ratio1.812
Information Ratio-1.36
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 12 Apr 24

DurationReturns
1 Month 6.7%
3 Month 8.9%
6 Month 18.9%
1 Year 38.2%
3 Year 13.4%
5 Year 14.6%
10 Year
15 Year
Since launch 16.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 22%
2022 -12%
2021 24.5%
2020 20.5%
2019 14.8%
2018 2.7%
2017 37.4%
2016 -0.7%
2015 6.7%

Growth of 10k Over Years

DateValue
31 Mar 19₹10,000
31 Mar 20₹8,809
31 Mar 21₹13,885
31 Mar 22₹15,668
31 Mar 23₹13,903
31 Mar 24₹19,351
Axis Long Term Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash2.5%
Equity97.5%
Axis Long Term Equity Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services23.93%
Consumer Cyclical12.74%
Basic Materials10.5%
Technology10.22%
Consumer Defensive9.93%
Health Care8.38%
Industrials7.63%
Utility6.47%
Communication Services5.89%
Energy1.8%
Axis Long Term Equity Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 17 | TCS
Information Technology Services7%₹2,509 Cr6,125,879
↓ -78,994
Torrent Power Ltd (Utilities)
Equity, Since 30 Jun 13 | 532779
Utilities - Independent Power Producers6%₹2,078 Cr19,282,984
↓ -328,235
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
Credit Services6%₹2,008 Cr3,091,472
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 540376
Discount Stores5%₹1,779 Cr4,539,682
↓ -363,715
Nestle India Ltd (Consumer Defensive)
Equity, Since 31 Aug 14 | NESTLEIND
Packaged Foods5%₹1,572 Cr6,055,941
↓ -801,928
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | HDFCBANK
Banks - Regional5%₹1,546 Cr11,016,916
↑ 700,900
Info Edge (India) Ltd (Communication Services)
Equity, Since 31 May 14 | NAUKRI
Internet Content & Information5%₹1,533 Cr2,910,169
↓ -261,773
Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Nov 14 | PIDILITIND
Specialty Chemicals4%₹1,398 Cr5,108,360
PI Industries Ltd (Basic Materials)
Equity, Since 30 Sep 20 | PIIND
Agricultural Inputs3%₹1,070 Cr2,912,916
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Nov 17 | DIVISLAB
Drug Manufacturers - Specialty & Generic3%₹998 Cr2,859,692
↓ -758,532
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Fund Managers

NameSinceTenure
Shreyash Devalkar4 Aug 230.66 Yr.
Ashish Naik3 Aug 230.66 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Axis Mutual FundAxis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Axis Long Term Equity Fund
Growth
₹87.0049
↓ -0.24
18.92 %38.25 %13.37 %14.61 %
Axis Long Term Equity Fund
Normal Dividend, Payout
₹25.324
↓ -0.07
18.09 %37.29 %16.77 %16.41 %
Data as on 12 Apr 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.