Axis Long Term Equity Fund - Direct Plan

Scheme Type
Open-ended
Scheme Category
Tax Planning
Benchmark Type
S&P BSE 200
Scheme AUM (in Crs.)
₹ 17299.43
Expense Ratio
1.24%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 87631
Min Subscription
₹ 500
Min Addition Subscription
₹ 500
Performance
Comparison
Portfolio
Details
Analysis
44.3022
(0.74 %)
NAV as on 2018-11-16
Returns
Fund
Axis Long Term Equity Fund - Direct Plan
1 Year
4.97%
3 Year
12.9%
5 Year
21.81%
AMC Details
amc launch date
Launch Date
04 Sep 2009
amc sponsor
Sponsor
NA
amc email
Email
customerservice@axismf.com
amc phone
Phone
022 - 43255161
amc address
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. The Scheme Will invest in companies with strong growth & a sustainable business model.
Suitability
This product is suitable for investors who are seeking
• capital appreciation & generating income over long term
• investment in a diversified portfolio predominantly consisting of equity and equity related instruments
Fund Analysis
The consistency in generating alpha while stabilizing over risk volatility has not only proven it to be as one of the best funds on ELSS segment but throughout the equity category. This is visible in its asset size of 17000crore. The fund has an exposure of 30% midcap currently .The fund manager Jinesh Gopani has been associated to the fund since 2011 has been outperforming its peers over the long run. Though the fund suffered a setback during the last couple of years, its strong fund management team and a well proven investment mandate strengthens it fundamentally.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
0.5 Yrs
1,000
Investment per month for 0.5 Years
6,088
Portfolio Value
88
Total Returns