Axis Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 35
BMSMONEY Rating
Gro. Opt. As On: 19-06-2024
NAV ₹90.85(R) -0.43% ₹101.8(D) -0.43%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 27.41% 11.15% 14.87% 13.57% 15.07%
LumpSum (D) 28.37% 12.04% 15.8% 14.57% 16.18%
SIP (R) 19.06% 16.39% 16.64% 14.59% 14.1%
SIP (D) 20.02% 17.27% 17.57% 15.51% 15.1%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.23 0.14 0.35 -7.38% 0.03
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.57% -20.17% -22.81% 1.03 10.26%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
Franklin India Taxshield 6
Parag Parikh Tax Saver Fund 7
ITI Long Term Equity Fund 8

NAV Date: 19-06-2024

Scheme Name NAV Rupee Change Percent Change
Axis Long Term Equity Fund - Regular Plan - IDCW 26.44
-0.1200
-0.4300%
Axis Long Term Equity Fund - Direct Plan - IDCW 55.99
-0.2400
-0.4300%
Axis Long Term Equity Fund - Regular Plan - Growth 90.85
-0.4000
-0.4300%
Axis Long Term Equity Fund - Direct Plan - Growth Option 101.8
-0.4400
-0.4300%

Review Date: 19-06-2024

Axis Long Term Equity Fund has shown poor performance in the ELSS (Tax Saving) Fund category. The fund has rank of 35 out of 35 funds in the category. The reason for current ranking are poor return performance, very high risk, and poor risk adjusted return performance.
Our ranking method uses a composite performance score, which includes the fund's return, risk, and risk-adjusted performance over the past three years. This composite performance score is then used to rank the funds within a category.

Key Points:

  1. An investment of ₹10,000 in Axis Long Term Equity Fund direct growth option would have grown to ₹12837.0 in 1 year, ₹14064.0 in 3 years and ₹20825.0 in 5 years as of today (19-06-2024).
  2. An SIP of ₹1,000 per month in Axis Long Term Equity Fund direct growth option would have grown to ₹13265.0 in 1 year, ₹46463.0 in 3 years and ₹93041.0 in 5 years as of today (19-06-2024).
  3. standard deviation of 15.54 and based on VaR one can expect to lose more than -20.17% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.28 which shows poor performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.78, Beta of 1.04 and Jensen's Alpha of -8.4% which exhibit poor performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 10.89
13.27
7.60 | 21.26 28 | 35 Poor
6M Return % 18.11
20.27
12.58 | 31.26 21 | 35 Average
1Y Return % 27.41
39.51
23.55 | 58.99 34 | 35 Poor
3Y Return % 11.15
19.59
11.15 | 28.00 33 | 33 Poor
5Y Return % 14.87
19.11
13.04 | 33.51 29 | 31 Poor
7Y Return % 13.57
15.20
11.12 | 24.49 22 | 29 Average
10Y Return % 15.07
15.65
12.98 | 24.94 11 | 22 Good
1Y SIP Return % 19.06
26.37
12.13 | 48.39 25 | 35 Average
3Y SIP Return % 16.39
24.19
16.39 | 36.21 33 | 33 Poor
5Y SIP Return % 16.64
23.81
16.53 | 37.68 30 | 31 Poor
7Y SIP Return % 14.59
19.28
13.03 | 30.80 28 | 29 Poor
10Y SIP Return % 14.10
16.95
12.53 | 26.35 20 | 22 Poor
Standard Deviation 15.54
12.71
9.99 | 16.36 32 | 33 Poor
Semi Deviation 10.33
9.01
7.16 | 11.67 31 | 33 Poor
Max Drawdown % -22.81
-12.33
-22.81 | -6.28 33 | 33 Poor
VaR 1 Y % -20.17
-14.08
-20.17 | -11.38 33 | 33 Poor
Average Drawdown % -11.96
-5.57
-11.96 | -2.58 33 | 33 Poor
Sharpe Ratio 0.28
0.95
0.28 | 1.59 33 | 33 Poor
Sterling Ratio 0.36
0.93
0.36 | 1.67 33 | 33 Poor
Sortino Ratio 0.17
0.51
0.17 | 0.91 33 | 33 Poor
Jensen Alpha % -8.40
2.63
-8.40 | 13.97 33 | 33 Poor
Treynor Ratio 0.04
0.14
0.04 | 0.23 33 | 33 Poor
Modigliani Square Measure % 10.22
20.91
10.22 | 30.40 33 | 33 Poor
Alpha % -7.65
0.58
-7.65 | 12.32 33 | 33 Poor
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 11.09 13.58 7.89 | 21.61 28 | 35
6M Return % 18.55 20.92 12.90 | 31.71 21 | 35
1Y Return % 28.37 41.02 25.41 | 60.66 33 | 35
3Y Return % 12.04 20.95 12.04 | 29.01 33 | 33
5Y Return % 15.80 20.44 14.01 | 35.74 30 | 31
7Y Return % 14.57 16.43 11.94 | 26.13 23 | 29
10Y Return % 16.18 16.63 13.83 | 26.21 11 | 23
1Y SIP Return % 20.02 27.85 13.19 | 50.30 25 | 35
3Y SIP Return % 17.27 25.56 17.27 | 37.10 33 | 33
5Y SIP Return % 17.57 25.18 17.47 | 39.87 30 | 31
7Y SIP Return % 15.51 20.49 13.96 | 32.68 28 | 29
10Y SIP Return % 15.10 17.94 13.51 | 27.83 21 | 23
Standard Deviation 15.54 12.71 9.99 | 16.36 32 | 33
Semi Deviation 10.33 9.01 7.16 | 11.67 31 | 33
Max Drawdown % -22.81 -12.33 -22.81 | -6.28 33 | 33
VaR 1 Y % -20.17 -14.08 -20.17 | -11.38 33 | 33
Average Drawdown % -11.96 -5.57 -11.96 | -2.58 33 | 33
Sharpe Ratio 0.28 0.95 0.28 | 1.59 33 | 33
Sterling Ratio 0.36 0.93 0.36 | 1.67 33 | 33
Sortino Ratio 0.17 0.51 0.17 | 0.91 33 | 33
Jensen Alpha % -8.40 2.63 -8.40 | 13.97 33 | 33
Treynor Ratio 0.04 0.14 0.04 | 0.23 33 | 33
Modigliani Square Measure % 10.22 20.91 10.22 | 30.40 33 | 33
Alpha % -7.65 0.58 -7.65 | 12.32 33 | 33
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.43 ₹ 9957.0 -0.43 ₹ 9957.0
1W 0.73 ₹ 10073.0 0.74 ₹ 10074.0
1M - ₹ - - ₹ -
3M 10.89 ₹ 11089.0 11.09 ₹ 11109.0
6M 18.11 ₹ 11811.0 18.55 ₹ 11855.0
1Y 27.41 ₹ 12741.0 28.37 ₹ 12837.0
3Y 11.15 ₹ 13733.0 12.04 ₹ 14064.0
5Y 14.87 ₹ 20001.0 15.8 ₹ 20825.0
7Y 13.57 ₹ 24366.0 14.57 ₹ 25906.0
10Y 15.07 ₹ 40690.0 16.18 ₹ 44822.0
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 19.0552 ₹ 13205.916 20.0207 ₹ 13265.424
3Y ₹ 36000 16.3931 ₹ 45886.284 17.2738 ₹ 46463.328
5Y ₹ 60000 16.6405 ₹ 90946.5 17.5701 ₹ 93041.04
7Y ₹ 84000 14.5894 ₹ 141311.94 15.5117 ₹ 146042.064
10Y ₹ 120000 14.1002 ₹ 250743.36 15.0971 ₹ 264517.44
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
19-06-2024 90.854 101.7992
18-06-2024 91.2495 102.2403
14-06-2024 90.7876 101.7146
13-06-2024 90.1945 101.0481
12-06-2024 89.5039 100.2724
11-06-2024 89.1482 99.8719
10-06-2024 89.0348 99.7429
07-06-2024 88.8401 99.5188
06-06-2024 87.3051 97.7973
05-06-2024 86.7324 97.1538
04-06-2024 83.7872 93.8529
03-06-2024 87.1092 97.572
31-05-2024 85.1247 95.3435
30-05-2024 85.0519 95.26
29-05-2024 86.0911 96.422
28-05-2024 86.5788 96.9662
27-05-2024 86.8335 97.2496
24-05-2024 86.7623 97.1641
23-05-2024 87.1772 97.6268
22-05-2024 86.2899 96.6311
21-05-2024 86.2975 96.6377

Fund Launch Date: 17/Dec/2009
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved
Fund Description: An Open-Ended Equity Linked Savings Scheme With A Statutory Lock In Of 3 Years And Tax Benefit
Fund Benchmark: S&P BSE 200 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.