Is Axis Long Term Equity Fund good?
Among ELSS schemes, Axis Long Term Equity is one of the best performers in the category. The scheme has scored well in providing superior returns, especially for longer-term holding periods. The scheme's fund manager Jinesh Gopani has been managing the scheme for the past nine years.
| Fund Name | Category | Risk |
|---|---|---|
| Axis Long Term Equity Fund | Equity | Very High |
| Axis Midcap Fund | Equity | Very High |
| Axis Focused 25 Fund | Equity | Very High |
| Axis Liquid Direct Fund | Debt | Low to Moderate |
Axis Value Fund is a value-style focused diversified fund that will be investing in stocks across sectors following the value investing approach. The scheme will look for companies trading at lower valuations in their industries, with management turn-a-around, and the potential to grow earnings in the long run.
The equity market is highly volatile, especially in the short-term. Thus, investment gurus recommend sticking to your equity investment for as long as possible. Investing in equity mutual funds or stocks with the mindset of following them through to the maximum tenure possible is known as long-term investment approach.
You can withdraw freely only after that period. The returns on this fund is tax free provided that you do not withdraw within 1 year. You can invest up to Rs. 1 lakh a year in this fund and deduct the amount from your gross total income while computing your income tax.
The Long-Term Capital Gains on ELSS are tax-exempt up to Rs 1 lakh, and dividend received is tax-free in the hands of investors. You can continue to invest in this scheme even after the completion of the lock-in period of three years.
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Basic Details.
| Fund House | Axis Mutual Fund |
|---|---|
| Assets | 32,052.74 Cr (As on 31-Mar-2022) |
| Exense | 1.54% (As on 31-Mar-2022) |
| Risk Grade | Below Average |
| Return Grade | Above Average |
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.
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Axis Bluechip Fund (G) Scheme Details.
| 1 Year Return | 50.30% |
|---|---|
| 3 Years Return | 15.70% |
| 5 Years Return | 16.50% |
| 10 Years Return | 14.60% |
The Current Net Asset Value of the Axis Value Fund - Regular Plan as of 13 May 2022 is Rs 9.0000 for Growth option of its Regular plan. 2. Its trailing returns over different time periods are: -3.0% (since launch). Whereas, Category returns for the same time duration are: 23.47% (1yr), 15.64% (3yr) and 11.23% (5yr).
What is NFO Axis Bank?
Axis Mutual Fund has announced the launch of their new fund offer – 'Axis CPSE Plus SDL 2025 70:30 Debt Index Fund'. The new fund offers (NFO) opens for subscription from January 10 to January 20, 2022. Minimum Investment is INR 5,000 and in multiples of INR 1/- thereafter. Fund Manager: Devang Shah & Kaustubh Sule.
A new fund offer (NFO) is the first subscription offering for any new fund offered by an investment company. A new fund offer occurs when a fund is launched, allowing the firm to raise capital for purchasing securities. Mutual funds are one of the most common new fund offerings marketed by an investment company.
In fact, studies have consistently proven that SIPs in equities held for a period of more than 8 years almost reduces the downside risk to nil. That means; you will earn positive returns although the extent of positive returns may or may not meet your expectations.
Drawbacks to long-term investing
While long-term investing offers many advantages to investors, it also carries with it disadvantages and risks that need to be considered, including liquidity, business risk, and the effects of interest rates and inflation.
Typically, long-term investing means five years or more, but there's no firm definition. By understanding when you need the funds you're investing, you will have a better sense of appropriate investments to choose and how much risk you should take on.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to generate regular long term capital growth from a diversified portfolio of equity and equity related securities. The Scheme Will invest in companies with strong growth & a sustainable business model. "
- Motilal Oswal Long Term Equity Fund. ...
- Franklin India Taxshield Fund. ...
- L&T Tax Advantage Fund. ...
- HDFC Taxsaver Fund. ...
- Aditya Birla Sun Life Tax Relief 96 Fund. ...
- Nippon India Tax Saver (ELSS) Fund. ...
- Quantum Tax Saving Fund. ...
- Parag Parikh Tax Saver Fund.
Chance of returns greater than 20%
You can have good returns, but there are also chances of an investor making low to negative returns hence don't invest in an ELSS if your time horizon is 3 years. Invest for the Long term.
ELSS funds are good for both short term and long term goals. Also, they offer higher returns than NPS. However, they have a higher risk than NPS too. Unlike NPS, ELSS funds have a lower lock-in period of 3 years, and investment qualifies for tax deduction under 80C.
However, PPF offers much lower returns over a longer time horizon than ELSS. The tax benefits and capital safety are more in favour of PPF; ELSS certainly is an option for better returns. It depends on whether you have the appetite for market volatility or not.
Can I exit ELSS before 3 years?
Can ELSS be Withdrawn Within 3 years? The simple answer to this question is No. ELSS investments do not provide the option to withdraw the investment amount before the end of the 3-year lock-in period. In ELSS, investors are given fund units against their invested amount.
| Fund Name | Category | 3 Year Returns |
|---|---|---|
| Mirae Asset Tax Saver Fund | Equity Linked Saving Scheme | 26.60% |
| Canara Robeco Equity Taxsaver fund | Equity Linked Saving Scheme | 26.90% |
| UTI Nifty Index Fund | Index Mutual Fund Growth | 20.70% |
| HDFC Index Nifty 50 fund | Index Mutual Fund Growth | 20.40% |
| Fund Name | Category | 1Y Returns |
|---|---|---|
| Axis Growth Opportunities Fund | Equity | 10.7% |
| Axis Midcap Fund | Equity | 10.3% |
| Quant Focused Fund | Equity | 7.8% |
| Mirae Asset Emerging Bluechip Fund | Equity | 8.5% |
Axis Mutual Fund SIP is not limited to the investment amount but with a long-term, disciplined and periodical investment approach it is considered as a good investment option in long-term as compared to regular options of investment.
Parag Parikh Flexi Cap is a highly recommended fund by experts. Its performance is best in category and has an AuM of Rs. 11,360.49 crore. Expense ratio is also quite low at 0.89% with a great track record over the years, doing exceptionally well in the pandemic months.
Some of the mutual funds of axis mutual are very good like AXIS Long Term Equity Fund. This fund also has an additional advantage of tax saving fund. But some of the other funds of axis have not done as good as its peers. Don't Stick to single fund/ category or even AMC..
| SIP Plans | Type | 3 Year |
|---|---|---|
| HDFC Balanced | Balanced Fund | 10.65% |
| HDFC Mid Cap Opportunities Fund | Equity Fund | 14.84% |
| HDFC Prudence Fund(G) | Balanced Fund | 9.02% |
| HDFC Small Cap Fund | Equity Fund | 21.52% |
| Fund Name | Monthly Investment | 1 Year Returns |
|---|---|---|
| Axis Bluechip Fund | 5000 | 52.52% |
| Axis Focused 25 Fund | 5000 | 61.91% |
| DSP Equity Fund | 5000 | 31.90% |
| Franklin India Focused Equity Fund | 5000 | 80.39% |
- Quant Active Fund. N.A. ...
- Parag Parikh Flexi Cap Fund. Consistency. ...
- PGIM India Flexi Cap Fund. Consistency. ...
- Quant Large and Mid Cap Fund. ...
- Quant Focused Fund. ...
- Mirae Asset Emerging Bluechip Fund. ...
- Canara Robeco Emerging Equities Fund. ...
- Edelweiss Large & Mid Cap Fund.
The fund currently has an Asset Under Management(AUM) of ₹2,61,160 Cr and the Latest NAV as of 06 May 2022 is ₹9.50. The Axis Value Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to 1000.
How is Quant Small Cap Fund?
Small Cap Fund : Fund has 98.8% investment in indian stocks of which 13.78% is in large cap stocks, 7.18% is in mid cap stocks, 65.01% in small cap stocks. Suitable For : Investors who are looking to invest money for at least 3-4 years and looking for very high returns.
- Delete Biller or Stop AutoPay in your Bank Biller. ...
- Submit SIP Cancellation Form. ...
- Redeem your SIP amount. ...
- 2 thoughts on “How to Stop / Cancel SIP in Axis Mutual Fund Online”
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Best Performing Multicap Funds to Invest in 2022.
| Fund Name | 3 Year Returns |
|---|---|
| PGIM India Flexi Cap Fund | 17.60% |
| Principal Focused Multicap Fund | 14.20% |
| Axis Flexi Cap Fund | 13.70% |
| SBI Focused Equity Fund | 12.10% |
| Fund Name | 3-year Return (%)* | |
|---|---|---|
| PGIM India Flexi Cap Fund Direct-Growth | 22.73% | Invest |
| Mirae Asset Emerging Bluechip Fund Direct-Growth | 19.95% | Invest |
| SBI Focused Equity Fund Direct Plan-Growth | 15.63% | Invest |
| Axis Bluechip Fund Direct Plan-Growth | 12.60% | Invest |
| Name of Fund | 1-Year Return | 5-Year Return |
|---|---|---|
| ICICI Pru Regular (G) | 9.899% | 9.651% |
| Kotak Debt Hybrid (G) | 13.301% | 9.554% |
| Canara Robeco Hybrid (G) | 9.983% | 9.257% |
| Data Source: Morningstar | ||
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How does an NFO differ from an IPO?
| Parameter | NFO | IPO |
|---|---|---|
| Issued by | Fund houses | Companies |
| Indivisible unit | Fund unit | Share |
| Pricing level | Mostly Rs 10, irrespective of the underlying companies | It is influenced by the fundamentals of the issuing company |
Investing in NFOs could be risky. Unlike existing funds, where you can readily check the asset allocation and risks involved, NFOs don't have a performance history. And, you won't be able to assess how the fund manager intends to utilise your money.
| Fund Name | 5-Year Returns (In%) | Expense Ratio (In %) |
|---|---|---|
| Mirae Asset Large Cap Fund | 17.88 | 1.59 |
| Canara Robeco Emerging Equities Fund | 20.39 | 1.85 |
| Axis Focus 25 Fund | 20.43 | 1.74 |
| IDFC Banking & PSU Debt Fund | 7.62 | 0.62 |
For equities to be rewarding, one needs to remain invested for at least 7-10 years. Getty Images Equity investments are not short-term gambits. The cut in corporate tax rate triggered the biggest one-day rise in the Sensex on September 20. Investors who were thinking of exiting must now be reviewing their plans.
Instead of thinking is it safe to invest in mutual funds now, you should know the risk profile of a mutual fund scheme to ensure that you are taking the right amount of risk. Equity funds are suitable for investors with moderately high to high risk appetites.
Why is long term investment risky?
Long-term investors take on a substantial degree of risk in pursuit of higher returns. Long-term investments are not subject to any adjustments due to temporary market fluctuations. However, such investments may be written down to reflect declining market value.
When you invest for the short term, you'll need access to your money sooner, which means it's best to choose less risky investments. Conversely, when investing for the long term, your money has more time to recover from losses and to take advantage of growth in the stock market.
- It could help ride out the market bumps. ...
- It gives your money more time to potentially grow. ...
- How do compound returns work? ...
- It means less trading fees. ...
- It's easy to do. ...
- It could help to remove emotions from the equation. ...
- A long-term approach could prevail.
- Savings Account. It is one of the best and safest idea to secure your money and earn from the same as well. ...
- Liquid funds. ...
- Fixed Maturity Plans (FMPs) ...
- Arbitrage Funds. ...
- Bank FDs or Postal Term Deposits. ...
- Recurring Deposits (Rds) ...
- 5-Yrs National Savings Certificate (NSC) ...
- Monthly Income Schemes (MIPs)
Here's a specific rule to help boost your prospects for long-term stock investing success: Once your stock has broken out, take most of your profits when they reach 20% to 25%. If market conditions are choppy and decent gains are hard to come by, then you could exit the entire position.
The rule states that if you invest Rs 15,000 per month through a Systematic Investment Plan (SIP) for 15 years in an equity mutual fund that offers 15 percent annualised returns, it will accumulate a corpus of Rs 1 crore.
