Axis Long Term Equity Fund High Rewarding Tax Saver Mutual Fund
What is Axis Long Term Equity Fund? • It is an ELSS mutual fund that invests in the equity stocks of various companies to deliver long term capital gains to the investors. • The fund allows investors to reduce tax liability of up to Rs 46,800 every financial year under section 80C. • It has a lock-in Period of 3 years which is least among any other tax saving instruments under section 80C. • Investments through SIP allows convenient tax savings. • It is the best scheme in the category of ELSS mutual fund and has the highest assets under management in the category.
Why to Invest in ELSS Funds? It has the least lock-in period among all the instruments under section 80C
It has the ability to deliver highest returns among all the tax saving tools
The investments can be viewed anytime and can be withdrawn anytime after lock-in period
ELSS funds are managed by a profesional fund manager who is highly experienced
The option to invest monthly reduces financial burden.
The investments and withdrawals are free of cost with no entry and exit load
Axis Long Term Equity Fund - Trivia Category:
Equity: ELSS
Assets:
Rs 19,817 crore (As on May 31, 2019)
Expense:
1.81% (As on May 31, 2019)
Fund House:
Axis Mutual Fund
Launch Date:
29-Dec-09
Benchmark:
S&P BSE 200 TRI
Exit Load (%)
0
Lock in Period
3 years
Where Does it Invest? • The portfolio of Axis Long Term Equity Fund is sligtly aggressive due to higher involvement of mid-cap stocks. • The fund manager strictly follows growth style of investment. • The portfolio of Axis Long Term Equity Fund is concentrated over 31 stocks which is lesser than most of the peers in the category. • A residual proportion of the corpus is also invested in fixed income securities.
Market Allocation
1.3 31.48
50.84
16.38
Gi a nt (%)
La rge (%)
Mid (%)
Sma ll (%)
Sector Allocation Allocati on (%) 50 45
44.92
40 35 30 25 20 15 9.33
10
9.04
8.11
8.8
6.77
5 0
Fi nanci a l
Automobi l e
Servi ces
Technol ogy
Chemi ca l s
Cons Durabl e
4.5 FMCG
3.74 Energy
2.52
1.93
1.47
Engi neeri ng
Construction
Heal thcare
Al l ocation (%)
• The fund manager of Axis Long Term Equity Fund is overwieght on Financial, Automobile, Services, and Chemicals Sector. • The allocation in defensive sectors is lesser than benchmark.
Top Holdings Stock
Sector
Allocation (%)
Bajaj Finance
Financial
9.05
Kotak Mahindra Bank
Financial
8.81
Tata Consultancy Services
Technology
8.11
HDFC Bank
Financial
7.95
Pidilite Industries
Chemicals
7.03
HDFC
Financial
6.3
Gruh Finance
Financial
5.73
Maruti Suzuki India
Automobile
4.68
Avenue Supermarts
Services
4.66
Info Edge (India)
Services
4.38
Fund Manager Mr Jinesh Gopani (B.Com, MMS)
Senior Fund Manager at Axis Mutual Fund
• Mr Jinesh Gopani has been handling the portfolio of Axis Long Term Equity Fund since April 2011. • He has plenty of experience in the asset management business and was previously associated with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited • He also handles the portfolio of Axis Focused 25 Fund, Axis Growth Opportunities Fund and many more.
Past Performance YTD
1-Month
3-Month
1-Year
3-Year
5-Year
Fund
5.13
1.25
4.69
4.67
13.2
15.08
S&P BSE 200 TRI
5.65
0.53
1.05
6.78
13.52
11.25
Category
4.3
0.89
1.31
2.72
11.47
11.63
• Axis Long Term Equity Fund has deliered highest returns in the category many times in the past. • It has performed better than peers in the positive as well as negative market conditions. • The returns in the calendar year of 2014 and 2017 were 66.18% and 37.44% which were among the highest in the category. • The risk to reward ratio of the scheme is impressive.
Take the Advantage of Wealth Creation Upon Tax Saving
Disclaimer: The information and suggestions of the funds in the presentation are for informative purpose only. The facts and figures in the presentation are as per the sources which include ValueResearch and Moneycontrol as on 12-6-2019. Mutual fund investments are subject to market risk. Read all the scheme related documents carefully.