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Axis Long Term Equity Fund.

ELSS/Tax Saving Fund 2019

An open-ended equity linked savings scheme (ELSS) with the objective of long term growth of capital through a portfolio with a target allocation of approximate 80% and more equity, 20% debt and money market securities.

AXIS LONG TERM EQUITY FUND

     Save up to Rs 46,800 in taxes every year.

      Highest returns compared to other 80C investments.

         Lowest lock-in of 3 years

 

Tax Implications: 

Upto Rs. 1.5 Lakh will be tax free under 80C.  Locking of 3 Years. Returns will be taxed at 10%.

 

 

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.

 

star Basic Details

  • Scheme Obj : Equity ELSS
  • Launch Date : Dec 29, 2009
  • Benchmark : S&P BSE 200 TRI
  • Scheme Type : Open-ended
  • Fund Manager : Jinesh Gopani
  • Growth : Rs. 41.2413
  • Riskometer : Moderately High
  • Risk Grade : Low
  • Return Grade : Above Average
  • Turnover : 62%

star Investment Details

  • Return since Launch : 16.95%
  • Minimum SIP Investment (R) : 500

star Load

  • Entry Load : N.A
  • Exit Load : 0
  • Expense Ratio : 2.08% (As on Dec 31, 2018)
  • Current Nav : 41.241 as on 14 Jan, 2019.

star Composition (%)

  • Equity : 93.51%
  • Debt : 0.15
  • Other : 0.00

star Scheme Profile

  • Corpus (Cr.) : Rs. 17,852

star Volatility Measures

  • Mean : 12.79
  • Std. Deviation : 14.98
  • Sharpe Ratio : 0.43

star Fund Summary

Period Returns (Per Year)
5 Years 19.30%
3 Years 13.50%

star Top Holdings 

Top Holdings Weightage
HDFC Bank Ltd 8.66%
Tata Consultancy Services Ltd 7.88%
Kotak Mahindra Bank Ltd 6.61%
Pidilite Industries Ltd 6.35%
Bajaj Finance Ltd 6.35%
Housing Development Finance Corp Ltd 5.41%
Maruti Suzuki India Ltd 5.28%
Avenue Supermarts Ltd 4.55%
GRUH Finance Ltd 4.29%
Bandhan Bank Ltd 3.88%

 

 ELSS  PPF   FD

 

                     star Invest Now in 3 Easy Steps

 

 

 

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