The objective of such schemes is to provide capital appreciation over the medium to long term. Neither axis mutual fund, axis mutual fund trustee limited nor axis asset management company limited, its directors or associates shall be liable for any damages including lost revenue or lost profits that may arise from the use of the information contained herein. Elss equity linked saving scheme mutual funds are tax saving instruments. Axis long term equity fund as a tax saving fund is quite popular equitylinked savings scheme elss among investors to fulfill dual purpose of tax savings under section 80c and wealth creation over the long term. Jinesh gopani is an old hand of the axis mutual fund. Mar 31, 2017 axis long term equity fund is a elss fund. By using this site, you agree to the terms of service and privacy policy. Axis long term equity fund about 6070 per cent of the schemes portfolio consists of largesized companies, while 2030% is from the midcap basket, and the rest from the smallcap universe. That is why you need to keep an eye out for fund manager changes. Only one asset can be added for purpose of comparison. Feb 29, 2020 get complete research on axis long term equity fund growth option direct plan. Axis long term equity fund126% returns in 5 yrs latest nav. As per the latest corporate shareholdings filed, axis long term equity fund publicly holds stocks with a net worth of over rs.
You can invest in elss to take the benefit of tax deduction us 80c. This setoff cannot be done against any other head of income. Invest in axis long term equity fund online upstox mutual. Long term capital gains tax on equities and equity oriented mutual funds came back in budget 2018. Axis long term equity fund growth is a equity mutual fund scheme launched by axis mutual fund. Looking for tax saving investments, axis mutual fund is here with long term equity funds. Axis long term equity fund regular plan mutual fund value. Principal hybrid equity fund direct plan growth option. Axis equity fund axis long term equity fund axis income saver axis triple advantage fund axis midcap fund how to use this form. Get latest nav, returns, sip returns, performance, ranks, dividends, portfolio, crisil rank, expert recommendations, and comparison. While taxsaving is the prime motive, there are various other factors that make this fund a popular choice. Among its top 3 holdings the fund has exposure to avenue supermarts.
Discuss about axis long term equity fund direct growth online on wealthtrust moneyfeed. The objective of the fund is to generate income and long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities. The fund has consistently outperformed its benchmark and delivered well above categoryaverage returns see graph. Aug 28, 2016 axis long term equity fund is managed by jinesh gopani. Check trade book bhav copy of 31st jan 2018 share price and long term capital gain calculation in this article. Axis long term equity fund is a diversified equity linked saving scheme elss that invests in a mix of large caps and select midcaps. Tax on mutual funds taxation rules, how are mutual funds. Axis long term equity fund is managed by jinesh gopani. Axis long term equity fund growth direct plan mutual fund. Download axis mutual fund kim, application forms, factsheets, scheme information documents, monthly portfolios, service form for investors and distributers. Invest in axis long term equity fund online upstox. Growth equity oriented schemes are those schemes which predominantly invest in equity and equity related instruments.
To generate income and longterm capital appreciation from a diversified portfolio of predominantly equity and equityrelated securities. Axis long term equity funds invest in equity mutual funds. It was launched in june 2000 and since then it has gained high acceptance among investors, intermediaries and asset management companies. These are shares held by axis long term equity fund as per the shareholding data filed with the exchanges. Dec 03, 2015 the axis long term equity fund was earlier called as the axis tax saver fund. Regular regular and direct options of the funds are exactly same except commission to your mutual fund broker distributor. Capital losses incurred on a mutual fund scheme can be adjusted against the capital gains earned on another mutual fund investment of the same year. The investment objective of the scheme is to generate income and longterm capital appreciation from a diversified portfolio of. Understanding mutual funds invest in equity, fixed. Axis long term equity fund is a equity elss fund and belongs to axis mutual fund. Ltcg calculation, 31st jan 2018 share price list, tips and. While capital gains are taxable at the hands of investors, the tax on mutual funds dividends, called dividend distribution tax ddt is paid by the fund house asset management company on behalf of the investors. Elss your guide on how to invest in best elss funds. The ranks are assigned on a scale of 1 to 5, with crisil fund rank 1.
Axis long term equity funds invest in equity mutual funds axis mf. This is one of the best investment plans to opt for in order to save on income tax payments every year and there are a number of benefits associated with such an investment. However, there can be no assurance that the investment objective of the scheme. Based on fy 1718 for indian residents below the age of 60, tax savings may vary depending on the applicable tax slab. The objective of the fund is to generate income and longterm capital appreciation from a diversified portfolio of predominantly equity and equityrelated securities. Axis long term equity fund 5 value research 10826 879910826 axis mutual fund the scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. To make a lump sum investment new applicants existing investors if you are not kyc certified use form 1 only use form 1 only also submit kyc application form to make an sip investment use.
Axis mutual fund application forms mutual fund applications. Get complete track record of daily nav, returns, dividends, performance, portfolio holdings and more. Axis long term equity fund is an openend growth fund incorporated in india. Within just two years of his management, the axis long term equity fund started to glaze. Is axis long term equity mutual fund still a good choice for. Portfolio quality analysis helps you to decide, if it is right fund for you based on underlying asset quality, capquality analysis, comparison with benchmark, top 10 holdings %, sector wise exposure. Axis long term equity fundregg axis long term equity. With no extra chargespenalties to pay for redemption 2. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Jinesh is managing the axis long term equity fund since april 2011. Jinesh gopani took over, the fund has been renamed as axis long term equity fund. Axis long term equity fund g is an openended strategy with a threeyear lockin period, its aims to generate capital appreciation in the long term horizon with a welldiversified portfolio.
Axis long term equity fund g scheme is an elss funds programme, which is managed by jinesh gopani, one of the best fund managers of axis mutual fund. Mutual fund ranking our methodology for crisil mutual fund ranking cmfr is based on global best practices. Nav history in text format select mutual fund select type. Axis long term equity fund is an openended equity linked savings scheme with a 3 year lockin. Has a laundry list of equity funds with a good track record. Axis long term equity fund growth direct plan mutual. Understanding mutual funds invest in equity, fixed income. But among these five funds, just two principal tax savings fund and aditya birla sun life tax relief96 continued their top ranking performance. Axis long term equity fund direct growth wealthtrust. Apart from the above classification, mutual fund schemes can also be classified based on their investment objectives. Being an openended elss fund, the scheme attempts to create wealth in the long run by investing in equity shares of.
The investment objective of axis long term equity fund scheme is to generate income and long term capital appreciation from a diversified portfolio consisting of equity and equity related securities. Access earlier nav reports and download them in text format. Axis long term equity fund, reliance tax saver elss fund, aditya birla sun life tax relief 96, aditya birla sun life tax plan and invesco india tax plan followed closely behind. It was launched on 01jan20 and currently has an aum of. Axis long term equity fundregg performance axis long. Axis long term equity fund has been one of the most popular investment options within the elss segment. Assuming the investor falls in the highest tax bracket. Please read the key information memorandum and scheme related documents before filling up the application form. Latest axis long term equity fund shareholdings and portfolio. Hi, i started axis long term equity fund growth sip elss on 15th every month from may 2014 for rs. Axis long term equity fund is the largest elss tax saving fund in india this tax saver has assets worth rs 17,852 crore managed by mr. Get the complete details of axis long term equity fund regg with fundzbazar for complete information of nav, fundz performance updates, dividends, rolling returns, market, scheme, fund, portfolio management.
Axis long term equity fund get a dual benefit of building. Check trade book bhav copy of 31st jan 2018 share price and long term capital gain calculation in. Mar 14, 2017 axis long term equity fund has been one of the most popular investment options within the elss segment. Axis long term equity fund126% returns in 5 yrs latest. Equity mutual funds to achieve your longterm goals. Check axis long term equity fundregg performance and growth chart, quaterly and annual fund returns and complete track record of axis long term equity fundregg at. Elss funds equity linked savings scheme funds 2020. Tax on mutual funds taxation rules, how are mutual funds taxed. Axtaxsg quote axis long term equity fund bloomberg markets.
Cmfr covers various categories across equity, debt and hybrid asset classes. Dec 29, 2009 axis long term equity fund growth is a equity mutual fund scheme launched by axis mutual fund. Axis mutual fund kim, application forms, factsheets, scheme. Axis long term equity fund growth regular plan mutual fund. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lockin period.
Axis mutual fund kim, application forms, factsheets. Axis long term equity fund is an open ended equity linked savings scheme with a 3 year lock in. Axis long term equity fund performance axis mutual fund. Axis bluechip fund erstwhile known as axis equity fund g is a growthoriented mutual fund programme which is launched on january 05, 2010 and is formulated by the expert team of fund analysts of axis mf. The fund currently has an asset under managementaum of. Find our live axis long term equity growth fund basic information. But among these five funds, just two principal tax savings fund and aditya birla sun life tax. Short term capital losses can be adjusted against both long term and short term capital gains. Axis long term equity fund direct plan direct plan. Equitylinked savings scheme elss helps in it tax exemptions. However, there can be no assurance that the investment objective of the scheme will be achieved. This scheme was made available to investors on 29 dec 2009.
Net asset value of mutual funds nav history download. Nav, dividends, returns, portfolio complete track record of axis long term equity fund. The particulars of the scheme have been prepared in accordance with the securities and exchange board of india mutual funds regulations 1996, herein after. Axis long term equity fundregg explore latest information and updates on axis long term equity fundregg including performance, dividends, portfolio, investment details, etc. All times stamps are reflecting ist indian standard time. Jinesh gopani is the current fund manager of axis long term equity fund growth fund.
The fund s objective is to generate income and long term capital appreciation. As an investor you do not need to pay any additional fees to purchase any of these options. Axis long term equity funds invest in equity mutual. The performance of mutual fund mostly depends on the fund manager. While a best fund is arbitrary and complicated, a good list of your portfolio can be narrow. Get the complete details of axis long term equity fundregg with fundzbazar for complete information of nav, fundz performance updates, dividends, rolling returns, market, scheme, fund, portfolio management. Axis long term equity fund scheme information document wishfin. The best type of equity mutual fund to invest in now for. One can download historical nav for a maximum period of 90 days at a time. The axis long term equity fund is an elss investment scheme that was launched in december 2009. Name of scheme axis long term equity fund an openended equity linked savings scheme with a 3 year lockin investment objective to generate income and long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities. Axis long term equity fund about 6070 per cent of the schemes portfolio consists of largesized companies, while 2030% is from the. It falls under the diversified equity category and provides wide diversification to the funds.
Govt has smartly designed a mechanism to calculate ltcg using share price of 31st jan 2018 for investors. Axis bluechip fund nav, axis equity fund growth, returns. Get latest updates on top holdings, nav, mutual fund risk return analysis, fund manager details, comparision with other peers and portfolio allocation of axis long term equity fund growth option direct plan. Within just two years of his management, the axis long term equity fund started to. Check axis long term equity fund regg performance and growth chart, quaterly and annual fund returns and complete track record of axis long term equity fund regg at. Positioning 4 1 2 3 an open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit offers tax benefit under section 80c of the income tax act, 1961. Mutual fund investments are subject to market risks, read the offer document carefully before investing. Get latest nav, dividends, returns, portfolio, sip. Axis long term equity fund direct plan 5 value research 15688 879915688 axis mutual fund the scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities.
Enter your folio number or pan number and get your mutual fund account statement mailed to your email id registered with axis mutual fund. Axis equity fund g plan primary objective is to attain longterm capital appreciation by investing in a welldiversified portfolio which consists of equity and equityrelated securities along with derivatives. To generate income and long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities. Equity linked savings scheme elss helps in it tax exemptions.
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