Jinesh Gopani is the Current Fund Manager of Axis Long Term Equity Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,61,160 Cr and the Latest NAV as of 25 Oct 2022 is ₹66.17. The Axis Long Term Equity Fund Growth is rated Very High risk. Minimum SIP Investment is set to 500.
How good is Axis Long Term Equity Fund?
Click here for top ranked funds in tax saving mutual funds. Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Fund Returns.
| Last 1Y |
-14.3% |
| Last 10Y |
16.7% |
| Since Inception |
15.9% |
| 6 Month CAGR |
-3.5% |
Should I continue Axis Long Term Equity Fund?
ELSS or tax saving mutual funds help you to save taxes of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. Did you invest in these schemes with the aim of saving taxes? If yes, continue with them.
Which Axis Mutual Fund is best for long term?
List of Axis Mutual Funds in India
| Fund Name |
Category |
1Y Returns |
| Axis Bluechip Fund |
Equity |
-7.0% |
| Axis Long Term Equity Fund |
Equity |
-11.2% |
| Axis Midcap Fund |
Equity |
-0.4% |
| Axis Focused 25 Fund |
Equity |
-14.1% |
What is current NAV of Axis Long Term Equity Fund? – Related Questions
When can I withdraw Axis Long Term Equity Fund?
For Axis Long Term Equity fund, the lock-in period is for three years. You will not be able to redeem any units before that. On the completion of three years, you can easily withdraw the funds.
Can I sell Axis Long Term Equity Fund?
You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years.
Which is the best Mutual Fund in Axis Mutual Fund?
Axis Bluechip Fund, Axis Long Term Equity Fund, and Axis Liquid fund are the three largest schemes of the company as of July 2022.
Which is the best Axis Mutual Fund to invest?
Axis MF Top Rated Funds
- Axis Triple Advantage Direct Plan -Growth.
- Axis Children’s Gift Fund Direct – No Lock In Growth Growth.
- Axis Children’s Gift Fund Direct – Compulsory Lock In Growth Growth.
- Axis Bluechip Fund Direct Plan-Growth.
- Axis Long Term Equity Direct Plan-Growth.
- Axis Equity Hybrid Fund Direct – Growth.
Which axis SIP is best for 5 years?
Best Performing Axis Bank SIP Plans
| Fund Name |
1 Year (Returns) |
5 Years (Returns) |
| Axis Focused 25 Fund |
23.59% |
17.99% |
| Axis Long-Term Equity Fund |
17.93% |
22.81% |
| Axis Mid-cap Fund |
17.90% |
21.14% |
| Axis Regular Saver Fund |
9.12% |
N/A |
1 more row
Why is Axis bluechip underperforming?
And as per the latest Crystal Rating, it has got only a 2-star rating out of 5. On top of that, Axis Mutual Fund house has been in Limelight recently due to some irregularities in the asset management company.
Is it safe to invest in Axis Mutual Fund?
Yes, it is safe to invest with Axis Mutual Fund like any other reputed mutual fund provider. The company is registered with SEBI, AMFI and other regulatory bodies.
Is it safe to invest in Axis Bluechip fund now?
In the market crash of 2020, wherein various Large-cap Funds found it difficult to keep pace with the indices, Axis Bluechip Fund managed to outperform the benchmark S&P BSE 100 – TRI and the category peers by a significant margin.
Axis Bluechip Fund: Delivering Robust Long Term Returns.
| Scheme Name |
Kotak Bluechip Fund |
| 1 Year |
16.72 |
| 2 Year |
33.22 |
| 3 Year |
16.61 |
| 5 Year |
13.58 |
Is Axis Bluechip fund high risk?
Axis Bluechip Fund (G) was launched on Jan 05, 2010. The category risk of the fund is Very High Risk.
Which is best fund for SIP?
Best SIP Mutual Funds to invest in 2022 (Equity)
| Fund |
AUM (In Crs) |
Expense Ratio |
| SBI Magnum Midcap Fund Direct Growth |
8195 |
1 |
| Tata Small Cap Fund Direct Growth |
2571 |
0.29 |
| HDFC Flexi Cap Fund -Direct Plan – Growth Option |
29749 |
1.06 |
| SBI Large & Midcap Fund Direct Growth |
8030 |
1.09 |
Which is the best SIP plan for 1 year?
Top SIP ULIP Plans in Detail
- Tata AIA Life – Whole Life Mid Cap Equity Fund.
- Aditya Birla Sun Life – Individual Multiplier Fund.
- IDBI Midcap Fund.
- Max Life High Growth Fund.
Is Axis Blue Chip fund tax free?
This is a diversified fund that will invest across sectors and industries. The main purpose that it serves is helping you in availing tax deductions under Section 80C of Income Tax Act, 1961.
Investment Ideas:
| Scheme Name |
ICICI PRUDENTIAL BLUECHIP FUND |
| 3 Years |
10.12 |
| 5 Years |
11.05 |
| 10Years |
14.14 |
| Know More |
Click here |
Which Blue Chip fund is best for SIP?
- Nippon India Large Cap Fund.
- IDBI India Top 100 Equity Fund.
- Canara Robeco Bluechip Equity Fund.
- ICICI Prudential Bluechip Fund.
- Kotak Bluechip Fund.
- Aditya Birla Sun Life Frontline Equity Fund.
- SBI Bluechip Fund.
- Franklin India Bluechip Fund.
