• SENSEX
    NIFTY 50
Personal Finance

Here's why FundsIndia recommends Axis Long Term Equity

Updated : November 26, 2018 05:48 AM IST

Axis Long-Term Equity’s average rolling 5-year return since its inception in 2009 is 22 percent. The least it has delivered in this period is 17 percent. This is well above PPF rates, which averaged 8.3 percent since 2009.
Axis Long Term Equity moves across market capitalisations to make the most of available opportunities. The fund is able to beat the broad-market gauge Nifty 500 TRI more than 90 percent of the time on a rolling 3-year basis since its inception. The fund hasn’t delivered a loss in any 3-year period.
Axis LTE is among the few funds today that are holding above their benchmarks in the 1-year period. While the fund’s benchmark is the Nifty 200 TRI index, the Nifty 500 TRI is a better index given the fund’s tendency to move across market capitalisations.
Here's why FundsIndia recommends Axis Long Term Equity
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV