Axis Long Term Equity Fund Growth
Axis Lengthy Time period Fairness Fund – Development is a mutual fund supplied by Axis Long Term Equity Fund Growth. It’s categorized as an Fairness – ELSS (Tax Saving) fund and its main funding goal is to generate long-term capital appreciation by investing primarily in fairness and equity-related securities of firms which might be anticipated to profit from long-term progress alternatives within the Indian economic system Axis Long Term Equity Fund – Growth. The fund is appropriate for buyers who’re in search of long-term capital appreciation and are keen to take average to excessive danger. You will need to notice that mutual funds are topic to market dangers, please learn the scheme info and different associated paperwork fastidiously earlier than investing.
RETURNS (NAV as on thirteenth January, 2023) Axis Long Term Equity Fund Growth
| Interval Invested for | ₹10000 Invested on | Newest Worth | Absolute Returns | Annualised Returns | Class Avg | Rank inside Class |
|---|---|---|---|---|---|---|
| 1 Week | 06-Jan-23 | 10035.30 | 0.35% | – | 0.32% | 33/63 |
| 1 Month | 13-Dec-22 | 9450.70 | -5.49% | – | -3.59% | 58/60 |
| 3 Month | 13-Oct-22 | 9702.50 | -2.97% | – | 1.39% | 59/60 |
| 6 Month | 13-Jul-22 | 10427.30 | 4.27% | – | 9.94% | 59/60 |
| YTD | 30-Dec-22 | 9740.30 | -2.60% | – | -0.77% | 62/62 |
| 1 12 months | 13-Jan-22 | 8348.60 | -16.51% | -16.51% | -3.58% | 58/60 |
| 2 12 months | 13-Jan-21 | 10459.40 | 4.59% | 2.27% | 14.96% | 59/60 |
| 3 12 months | 13-Jan-20 | 12723.00 | 27.23% | 8.35% | 16.75% | 57/60 |
| 5 12 months | 12-Jan-18 | 14921.90 | 49.22% | 8.32% | 8.81% | 29/50 |
| 10 12 months | 11-Jan-13 | 42729.10 | 327.29% | 15.61% | 13.38% | 5/30 |
| Since Inception | 29-Dec-09 | 63392.00 | 533.92% | 15.20% | 13.04% | 16/60 |
Returns Calculator Detailed Returns Evaluation Axis Long Term Equity Fund Growth
SIP RETURNS (NAV as on thirteenth January, 2023) Axis Long Term Equity Fund Growth
| Interval Invested for | ₹1000 SIP Began on | Investments | Newest Worth | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 12 months | 13-Jan-22 | 12000 | 11522.05 | -3.98 % | -7.26 % |
| 2 12 months | 13-Jan-21 | 24000 | 22796.24 | -5.02 % | -4.85 % |
| 3 12 months | 13-Jan-20 | 36000 | 39175.37 | 8.82 % | 5.56 % |
| 5 12 months | 12-Jan-18 | 60000 | 74107.31 | 23.51 % | 8.37 % |
| 10 12 months | 11-Jan-13 | 120000 | 230343.64 | 91.95 % | 12.51 % |
About Axis Long Term Equity Fund Growth
Along with the knowledge offered above, it is value noting that the fund’s portfolio is diversified throughout sectors and corporations with the intention to unfold danger. The fund might also spend money on different securities comparable to debt and cash market devices.
The fund’s efficiency could also be affected by numerous components comparable to financial circumstances, adjustments in authorities insurance policies and rules, and efficiency of particular person firms within the portfolio. As with all funding, previous efficiency isn’t a assure of future efficiency.
It is essential for buyers to think about their very own funding targets, danger tolerance, and monetary state of affairs earlier than investing within the fund. Traders also needs to usually overview their funding and make adjustments as wanted consistent with their objectives and danger urge for food.
It’s also good to seek the advice of with a monetary advisor or skilled earlier than making any funding choices.
Saving Scheme (ELSS) Axis Long Term Equity Fund Growth
it is also value noting that Fairness-linked Saving Scheme (ELSS) is a kind of mutual fund in India that gives tax advantages to the investor. Funding in ELSS funds are eligible for tax deductions below Part 80C of the Revenue Tax Act, 1961, as much as a most of INR 1.5 Lakhs. This makes them a pretty funding choice for people trying to save on taxes whereas additionally incomes potential returns on their funding.
The fund even have lock-in interval of three years, which implies that the invested quantity can’t be withdrawn earlier than 3 years from the date of funding. This function is put in place to encourage long-term investments and discourage short-term hypothesis.
It is essential to remember the fact that the returns from this fund are usually not assured and the worth of the models can go up or down relying on the efficiency of the underlying securities within the portfolio. The fund’s NAV (Internet Asset Worth) could be checked on the web site of the fund home or on the web sites of the mutual fund distributors.
In abstract, Axis Lengthy Time period Fairness Fund – Development is an Fairness-linked Saving Scheme (ELSS) mutual fund supplied by Axis Mutual Fund, with a main funding goal of producing long-term capital appreciation by investing primarily in fairness and equity-related securities of firms which might be anticipated to profit from long-term progress alternatives within the Indian economic system. It affords tax advantages and have lock-in interval of three years, but in addition topic to market dangers, thus it is essential to seek the advice of with a monetary advisor earlier than making any funding choices.
Fund Info Axis Long Term Equity Fund Growth
- Axis Lengthy Time period Fairness Fund – Development is a mutual fund supplied by Axis Mutual Fund.
- It’s categorized as an Fairness – ELSS (Tax Saving) fund and its main funding goal is to generate long-term capital appreciation by investing primarily in fairness and equity-related securities of firms which might be anticipated to profit from long-term progress alternatives within the Indian economic system.
- The fund is appropriate for buyers who’re in search of long-term capital appreciation and are keen to take average to excessive danger.
- The fund’s portfolio is diversified throughout sectors and corporations with the intention to unfold danger.
- Axis Long Term Equity Fund – Growth.
- It could additionally spend money on different securities comparable to debt and cash market devices.
- The fund’s efficiency could also be affected by numerous components comparable to financial circumstances, adjustments in authorities insurance policies and rules, and efficiency of particular person firms within the portfolio.
- The fund has a lock-in interval of three years, which implies that the invested quantity can’t be withdrawn earlier than 3 years from the date of funding.
Tax Advantages Axis Long Term Equity Fund Growth
- Funding in ELSS funds are eligible for tax deductions below Part 80C of the Revenue Tax Act, 1961, as much as a most of INR 1.5 Lakhs.
- This makes them a pretty funding choice for people trying to save on taxes whereas additionally incomes potential returns on their funding.
Danger and Returns Axis Long Term Equity Fund Growth
- It is essential to remember the fact that the returns from this fund are usually not assured and the worth of the models can go up or down relying on the efficiency of the underlying securities within the portfolio.
- Axis Long Term Equity Fund – Growth
- As with all funding, previous efficiency isn’t a assure of future efficiency.
- Mutual funds are topic to market dangers, please learn the scheme info and different associated paperwork fastidiously earlier than investing.
Funding Issues Axis Long Term Equity Fund Growth
- Traders ought to take into account their very own funding targets, danger tolerance, and monetary state of affairs earlier than investing within the fund.
- It is essential for buyers to usually overview their funding and make adjustments as wanted consistent with their objectives and danger urge for food.
- It’s also good to seek the advice of with a monetary advisor or skilled earlier than making any funding choices.
F&Q Axis Long Term Equity Fund Growth
Q: What’s the funding goal of Axis Lengthy Time period Fairness Fund – Development? A: The first funding goal of Axis Lengthy Time period Fairness Fund – Development is to generate long-term capital appreciation by investing primarily in fairness and equity-related securities of firms which might be anticipated to profit from long-term progress alternatives within the Indian economic system.
Q: Who ought to spend money on Axis Lengthy Time period Fairness Fund – Development? A: The fund is appropriate for buyers who’re in search of long-term capital appreciation and are keen to take average to excessive danger.
Q: What are the tax advantages of investing in Axis Lengthy Time period Fairness Fund – Development? A: Funding in ELSS funds are eligible for tax deductions below Part 80C of the Revenue Tax Act, 1961, as much as a most of INR 1.5 Lakhs.
Q: Is there a lock-in interval for this fund? A: Sure, the fund has a lock-in interval of three years, which implies that the invested quantity can’t be withdrawn earlier than 3 years from the date of funding.
Q: What’s the danger related to investing in Axis Lengthy Time period Fairness Fund – Development? A: As with all funding, the worth of the models can go up or down relying on the efficiency of the underlying securities within the portfolio. Mutual funds are topic to market dangers, please learn the scheme info and different associated paperwork fastidiously earlier than investing.
Q: How can I examine the fund’s NAV? A: The fund’s NAV (Internet Asset Worth) could be checked on the web site of the fund home or on the web sites of the mutual fund distributors.
