Axis Long Term Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 35
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹94.15(R) +1.57% ₹105.57(D) +1.57%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 31.66% 11.54% 16.5% 13.82% 14.68%
LumpSum (D) 32.65% 12.42% 17.44% 14.81% 15.78%
SIP (R) 40.57% 20.2% 17.21% 15.56% 14.66%
SIP (D) 41.61% 21.08% 18.11% 16.48% 15.65%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.28 0.17 0.36 -8.4% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.54% -20.17% -22.81% 1.04 10.33%
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
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
Axis Long Term Equity Fund - Regular Plan - IDCW 27.4
0.4200
1.5700%
Axis Long Term Equity Fund - Direct Plan - IDCW 58.07
0.9000
1.5700%
Axis Long Term Equity Fund - Regular Plan - Growth 94.15
1.4600
1.5700%
Axis Long Term Equity Fund - Direct Plan - Growth Option 105.57
1.6400
1.5700%

Review Date: 26-07-2024

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 fund has delivered return of 31.66% in 1 year, 11.54% in 3 years, 16.5% in 5 years and 14.68% in 10 years. The category average for the same periods is 39.91%, 20.18%, 21.58% and 15.77% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 15.54, VaR of -20.17, Average Drawdown of -11.96, Semi Deviation of 10.33 and Max Drawdown of -22.81. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Axis Long Term Equity Fund direct growth option would have grown to ₹13265.0 in 1 year, ₹14209.0 in 3 years and ₹22341.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in Axis Long Term Equity Fund direct growth option would have grown to ₹14552.0 in 1 year, ₹49001.0 in 3 years and ₹94256.0 in 5 years as of today (26-07-2024).
  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
1M Return % 2.99
3.56
1.50 | 6.29 23 | 35 Average
3M Return % 9.46
11.56
8.82 | 16.41 32 | 35 Poor
6M Return % 20.04
20.14
15.39 | 27.68 16 | 35 Good
1Y Return % 31.66
39.91
24.44 | 56.46 31 | 35 Poor
3Y Return % 11.54
20.18
11.54 | 28.89 33 | 33 Poor
5Y Return % 16.50
21.58
15.49 | 35.49 31 | 32 Poor
7Y Return % 13.82
15.52
11.28 | 24.66 22 | 29 Average
10Y Return % 14.68
15.77
13.22 | 24.50 11 | 22 Good
1Y SIP Return % 40.57
48.01
33.64 | 64.79 30 | 35 Poor
3Y SIP Return % 20.20
28.05
20.20 | 39.75 33 | 33 Poor
5Y SIP Return % 17.21
24.53
17.21 | 36.79 32 | 32 Poor
7Y SIP Return % 15.56
20.43
14.42 | 31.24 28 | 29 Poor
10Y SIP Return % 14.66
17.71
13.37 | 26.65 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 : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.05 3.65 1.60 | 6.34 24 | 35
3M Return % 9.65 11.86 9.08 | 16.66 33 | 35
6M Return % 20.48 20.78 16.31 | 28.51 17 | 35
1Y Return % 32.65 41.42 26.33 | 58.34 31 | 35
3Y Return % 12.42 21.54 12.42 | 29.75 33 | 33
5Y Return % 17.44 22.94 16.48 | 37.72 31 | 32
7Y Return % 14.81 16.75 12.31 | 26.32 23 | 29
10Y Return % 15.78 16.76 14.09 | 25.77 11 | 23
1Y SIP Return % 41.61 49.61 35.65 | 65.93 31 | 35
3Y SIP Return % 21.08 29.41 21.08 | 40.65 33 | 33
5Y SIP Return % 18.11 25.87 18.11 | 38.88 32 | 32
7Y SIP Return % 16.48 21.64 15.35 | 33.13 28 | 29
10Y SIP Return % 15.65 18.69 14.35 | 28.13 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 : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.57 ₹ 10,157.00 1.57 ₹ 10,157.00
1W 1.75 ₹ 10,175.00 1.76 ₹ 10,176.00
1M 2.99 ₹ 10,299.00 3.05 ₹ 10,305.00
3M 9.46 ₹ 10,946.00 9.65 ₹ 10,965.00
6M 20.04 ₹ 12,004.00 20.48 ₹ 12,048.00
1Y 31.66 ₹ 13,166.00 32.65 ₹ 13,265.00
3Y 11.54 ₹ 13,876.00 12.42 ₹ 14,209.00
5Y 16.50 ₹ 21,460.00 17.44 ₹ 22,341.00
7Y 13.82 ₹ 24,746.00 14.81 ₹ 26,299.00
10Y 14.68 ₹ 39,329.00 15.78 ₹ 43,302.00
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 40.57 ₹ 14,490.59 41.61 ₹ 14,551.66
3Y ₹ 36000 20.20 ₹ 48,405.89 21.08 ₹ 49,001.11
5Y ₹ 60000 17.21 ₹ 92,198.28 18.11 ₹ 94,255.68
7Y ₹ 84000 15.56 ₹ 146,248.79 16.48 ₹ 151,130.95
10Y ₹ 120000 14.66 ₹ 258,307.80 15.65 ₹ 272,388.36
15Y ₹ 180000 ₹ ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 94.1463 105.5663
25-07-2024 92.6887 103.9297
24-07-2024 92.3285 103.5237
23-07-2024 92.2298 103.4111
22-07-2024 92.5258 103.7408
19-07-2024 92.0069 103.1529
18-07-2024 93.4218 104.7371
16-07-2024 93.0079 104.2689
15-07-2024 92.9932 104.2503
12-07-2024 92.6549 103.8648
11-07-2024 92.2341 103.391
10-07-2024 92.4348 103.6139
09-07-2024 92.6258 103.826
08-07-2024 92.1168 103.2534
05-07-2024 92.6268 103.8188
04-07-2024 92.3898 103.5511
03-07-2024 92.3811 103.5393
02-07-2024 91.784 102.868
01-07-2024 92.0771 103.1944
28-06-2024 91.5693 102.6191
27-06-2024 91.9139 103.0033
26-06-2024 91.4147 102.4418

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.