Changes time to time
NAV as on 10th Dec, 2018
|NIFTY 500 TRI||-3.89||-1.72||-9.19||-0.98||12.26||13.34||-|
As on Dec 10, 2018
|Risk Measures (%)||Mean||Std Dev||Sharpe||Sortino||Beta||Alpha|
|NIFTY 500 TRI*||11.13||14.84||0.32||0.52||-||-|
As on Nov 30, 2018. *As on Oct 31, 2018
Axis Long Term Equity fund is an open-ended ELSS fund. Axis Long Term Equity fund is an ELSS (Equity Linked Savings Scheme) scheme. The launch date of Axis Long Term Equity fund is 29th December 2009. This fund is managed by Mr. Jinesh Gopani. Axis Long Term Equity fund is one of the most popular ELSS fund. By investing in ELSS you can save tax up to Rs.1.5 lakh under section 80C which comes with a lock in period of three years. The AUM of Axis Long Term Equity fund is Rs.17,426cr. (as on 28th Feb 2019). Axis Long Term Equity fund has invested 97.58% investment in Indian stocks of which 67.91% is in large cap stocks, 26.93% is in mid cap stocks and 2.74% in small cap stocks. Investors who are looking for capital appreciation also tax saving at the same time Axis Long Term Equity fund is best for them. But investor also should be ready for moderate losses.