GulaQ

AXIS LONG TERM EQUITY FUND - DIRECT GROWTH

Equity
ELSS (Tax Savings)
5
(4.55%)

Returns

N/A

1 Year Return

NAV

₹42.47

as 27th Mar 2020

Min. SIP Amount

₹500.00

Created with Highstock 6.2.0LowModerateHigh
Created with Highstock 6.2.0Historical NAV2013201420152016201720182019202020142016201820202040600Zoom1m3m6mYTD1yAllFromDec 31, 2012ToMar 27, 2020
Investment Performance
  • This Mutual Fund

    Profit (absolute return)

    -₹412.13

    -8.24%

Created with Highstock 6.2.0₹5.17K₹5.17K₹5.34K₹5.34K₹5.00K₹5.00K₹5.00K₹5.00K₹-462.13₹-462.13₹-412.13₹-412.13Bank AccountFixed DepositRegular MFGULAQ MF-1k01k2k3k4k5k6k

Min Lumpsum Amount

₹500.00

Expense Ratio

0.91%

Exit Load

0% if redeemed within 12 months.


Fund Details

Rows per page:

5

1-5 of 5

Company Allocation

Rows per page:

5

1-5 of 33

Created with Highstock 6.2.0LowModerateHigh
Investment Performance
  • This Mutual Fund

    Profit (absolute return)

    -₹412.13

    -8.24%

Created with Highstock 6.2.0₹5.17K₹5.17K₹5.34K₹5.34K₹5.00K₹5.00K₹5.00K₹5.00K₹-462.13₹-462.13₹-412.13₹-412.13Bank AccountFixed DepositRegular MFGULAQ MF-1k01k2k3k4k5k6k
Other Details

Axis Long Term Equity Fund 

 

About Axis Long Term Equity Fund 

Judged as an open-ended ELSS fund, this scheme is here to create wealth in the long-run by investing in equity shares of companies having a sustainable business model and growth potential. However, it comes with a lock-in-period of 3 years. 

 

Pros of Axis Long Term Equity Fund 

 

It offers benefits as below: 

  • Short lock-in-period allows the fund manager to take care of decision and looks through the interim volatility.  

  • Up to INR 1.5 lakh tax-deduction under section 80C of Income Tax Act. 

  • Known as a star rated fund, this fund has consistently beaten the benchmark and category in 5 year and 1-year horizon. 

  •  

Statistics & Fund Information of Axis Long Term Equity Fund 

 

  • Launch DateAxis Long Term Equity Fund was launched in 2009 December 29th by Axis Mutual Fund. 

  • Redemption: Redemption of units can be made when the expiry of 3 years of lock-in-period is completed from the allotment date. It will be done by buyback/repurchase by the fund house.  

  • Risk Level: Being a multicap mutual fund, this fund is a moderately risky-bet; suitable for investors who have horizon of more than 5 years. 

  • Entry & Exit LoadNothing is charged for the entry-exit load. 

  • Fund ManagerThe fund is managed by Mr. Jinesh Gopani who holds more than 16 years of experience. He has been handling the fund since 2011 April 1st. 

  •  

About Axis Mutual Fund 

 

Launched in October 2009 as its first scheme, Axis Mutual Fund has witnessed remarkable growth. The success is attributed to three basic principles they follow: customer view, long-term relationship, and long-term capital appreciation. It seeks to deliver investment and state-of-the-art financial solutions by enabling financial security and confidence amongst the customers.  

Fund Fact Sheets -AXIS MUTUAL FUND