- Mutual Funds
- Axis Mutual Fund
- Axis Long Term Equity Fund (Growth)
Formerly Axis Tax Saver Gr
Axis Long Term Equity Fund (Growth)
₹ 72.0227
NAV (Sep 29)
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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical 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
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
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Long Term Equity Fund (Growth) | 9,72,003 | 2,39,391 | 11.5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
bajaj finance ltd
8.5%avenue supermarts ltd
8%tata consultancy services ltd shs dematerialised
7.1%nestle india ltd
6.2%info edge (india) ltd
5.4%Allocation by Sector
financial services
26.9%consumer defensive
14.2%basic materials
13.5%technology
10.4%consumer cyclical
9.7%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,862 cr | ||
₹ 17,630 cr | ||
₹ 11,197 cr | ||
₹ 10,089 cr | ||
₹ 9,392 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox 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)?
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.