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  • Axis Long Term Equity Fund (Growth)

Formerly Axis Tax Saver Gr

Axis Mutual Fund

Axis Long Term Equity Fund (Growth)

EquityTax Saving

72.0227

NAV (Sep 29)

11.5%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in tax saving mutual funds.

Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Satisfactory

The performance of the fund on a Outperformance Consistency metric has been Satisfactory

Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

72.0227

NAV (Sep 29)

Fund Returns

Last 1Y
10.4%
Last 3Y
15.9%
Last 5Y
11.5%
Last 10Y
17.1%
Since Inception
15.4%
6 Month CAGR
19.8%

Scheme Information

Investment 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.

Expense Ratio
1.55
Launched (14y ago)
Dec 29, 2009
AUM in Crores
31411.084
ISIN
INF846K01131
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
17.9
Standard Deviation (5yr)
19.1
Beta (3yr)
1.15
Beta (5yr)
0.93
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
0
Fund Managers

Shreyash Devalkar

Fund Manager

Ashish Naik

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Long Term Equity Fund (Growth)70%9,72,003 2,39,39111.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2023-09-29

Top Stock Holdings

bajaj finance ltd

8.5%
8.5%

avenue supermarts ltd

8%
8%

tata consultancy services ltd shs dematerialised

7.1%
7.1%

nestle india ltd

6.2%
6.2%

info edge (india) ltd

5.4%
5.4%
See all holdings

Allocation by Sector

financial services

26.9%
26.9%

consumer defensive

14.2%
14.2%

basic materials

13.5%
13.5%

technology

10.4%
10.4%

consumer cyclical

9.7%
9.7%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
DSP Tax Saver Fund (G)
DSP Tax Saver Fund (G)

₹ 11,862 cr

₹ 17,630 cr

₹ 11,197 cr

₹ 10,089 cr

₹ 9,392 cr

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 268,870 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,107 debt and 32 hybrid funds.amc-img
022-43255161
customerservice@axismf.com
Fund NameScripbox Opinion
Till Date CAGR

4.7%

7.9%

4.7%

7%

5.9%

7%

5.8%

8%

4.8%

7.5%

Axis Long Term Equity Fund (G) Review

Axis Long Term Equity Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 15.4% over a period of 13 years. The fund was previously known as Axis Tax Saver Gr. The fund is managed by Axis Asset Management Company Limited. The fund managers are Ashish Naik, Shreyash Devalkar.

Nav of Axis Long Term Equity Fund (G) as of 9/29/2023 is ₹72.02 with the total AUM as of 10/3/2023 is ₹31411.084. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Long Term Equity Fund (G) was launched on Dec 29, 2009. The category risk of the fund is Very High Risk.

The minimum SIP amount for Axis Long Term Equity Fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

Axis Long Term Equity Fund (G) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR.

Axis Long Term Equity Fund (G) is rated as a 1 fund in Equity and delivered 10.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Long Term Equity Fund (G).

Frequently Asked Questions

What is Axis Long Term Equity Fund (G)?

Axis Long Term Equity Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Long Term Equity Fund (G)?

You can invest in Axis Long Term Equity Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Axis Long Term Equity Fund (G)?

The minimum sip amount for Axis Long Term Equity Fund (G) is ₹500. You can invest in multiples of ₹500.

Is Axis Long Term Equity Fund (G) good to invest in?

As per Scripbox experts, Axis Long Term Equity Fund (G) is a Not Recommended fund. You can investAxis Long Term Equity Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Axis Long Term Equity Fund (G)?

The expense ratio of the Axis Long Term Equity Fund (G) is 1.55% for regular plan.