AXIS LONG TERM EQUITY FUND

 

IT TOOK APPROXIMATELY 7 YEARS TO BUILD THE FIRST FLIGHT.

About Axis Long Term Equity Fund

The fund looks at opportunities across the market cap and the portfolio remains balanced between its large and mid-cap allocations. The fund is focused on long term earnings growth prospects and quality as key criteria for stock selection.

Open-ended Equity-Linked Savings Scheme with a 3 year lock in Offers tax benefit under section 80C of the Income Tax Act, 1961

Invests across market cap~ Large caps around 50-100% and midcaps up to 50%

Invests in quality businesses for the long term through bottom up stock picking

3 year lock-in eliminates near term pressure on stock selection

 

Fund Manager Jinesh Gopani

Over 19 years of experience in financial markets. He has been managing this fund since 1st April 2011.

 

Investing facts

Minimum application Lumpsum Rs 500 & multiple of Rs 500

Minimum application SIP Rs. 500 & multiple of Rs 500

 

Option

Growth & Dividend Inception Date 29^th December 2009.

An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit. @The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. @@The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years. The above data excludes performance of Fixed Maturity Plans and all the schemes which have not completed a year. Data as on 31st October 2020.

 

Past performance may or may not be sustained in future. Calculations are based on Regular Plan - Growth Option NAV and Direct Plan – Growth Option NAV, as applicable. Different plans have different expense structure. Face value is `. 10 per unit.

 

Jinesh Gopani is managing Axis Long Term Equity Fund since 1st April 2011, Axis Focused 25 Fund since 7th June 2016, Axis Emerging Opportunities Fund Series 1 and Series 2 since inception, Axis Growth Opportunities Fund since inception, Axis Retirement Savings Fund, which includes Aggressive plan, Dynamic plan and Conservative plan, since inception and Axis ESG Equity Fund since inception

 

Market caps are defined as per SEBI regulations as below: a. Large Cap: 1st -100th company in terms of full market capitalization. b. Mid Cap: 101st -250th company in terms of full market capitalization. c. Small Cap: 251st company onwards in terms of full market capitalization.

 

Disclaimer: Sector(s) / Stock(s) / Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation. The fund manager(s) may or may not choose to hold the stock mentioned, from time to time. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s).

 

 Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to ` 1 lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. 

You can calculate your Investment with help SIP Calculator.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.