Axis Long Term Equity Fund Growth

• Alpha 2.48%
• Beta 0.92
• Sharpe Ratio0.60
• Std Deviation 17.91%
• Tracking Error 7.25%

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.

The Axis Long Term Equity Fund Growth has an AUM of 31411.08 crores & has delivered CAGR of 12.97% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.55%. The minimum investment in Axis Long Term Equity Fund Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & High respectively.

The top holdings of the fund include Bajaj Finance, Avenue Supermarts, Tata Consultancy Services & Nestle India.

The major sectors where the fund is invested are Consumer Financial Services, Software & Programming, Chemical Manufacturing & Retail (Grocery).

Some of the similar funds are SBI Long Term Equity Fund Regular Growth, Mirae Asset Tax Saver Fund -Regular Plan-Growth, Axis Long Term Equity Fund Growth, Aditya Birla Sun Life ELSS Tax Relief 96 Growth, Aditya Birla Sun Life ELSS Tax Relief 96 (ELSS U/S 80C of IT ACT) Growth (LSP). Axis Long Term Equity Fund Growth has a sharpe ratio of 0.60 & a standard deviation of 17.91%.