Try GOLD - Free
AXIS LONG TERM EQUITY FUND
Mutual Fund Insight
|August 2023
The comeback kid
-
Fund philosophy. The fund hunts for superior and scalable businesses with strong pricing power, high returns on capital and secular growth. Like most other equity offerings from the Axis family, this fund also focuses sharply on quality. It leans on large-cap stocks and barely invests in small caps, which makes this fund less volatile than many of its peers. However, its portfolio P/E and market-cap are among the highest in the category.
This story is from the August 2023 edition of Mutual Fund Insight.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mutual Fund Insight
Mutual Fund Insight
International Mutual Funds Find Flavour But Lose Favour
Despite stellar performance, these funds are cold-shouldered by investors
3 mins
September 2023
Mutual Fund Insight
The Dose Makes The Poison
Are your fund investments diversified? Or are they diworsified? Here’s the solution
5 mins
September 2023
Mutual Fund Insight
'Since Sahi Hai drive launch, industry has grown over twofold'
The AMC’s marketing and corporate communication head also lauds MFCentral and MF Utility
3 mins
September 2023
Mutual Fund Insight
'Earlier, not many knew of mutual funds; now SIP is a verb'
The CMO also explains how 4G, fintechs have elevated mutual funds’ reach
4 mins
September 2023
Mutual Fund Insight
'MFCentral is the most impressive of online platforms'
Shah says though passive funds are growing, there’s a long road ahead
3 mins
September 2023
Mutual Fund Insight
'Fintechs are driving mass financial inclusion'
Shah also lauds the pace at which distributors have embraced technology
2 mins
September 2023
Mutual Fund Insight
'A Maldives tour guide knew of the Mutual Fund Sahi Hai drive'
Interaction with Edelweiss’s senior VP and head of products and marketing
3 mins
September 2023
Mutual Fund Insight
'More distributors will come to MFCentral, MF Utility'
Goyal feels they can grow their business five times, 10 times with tech
3 mins
September 2023
Mutual Fund Insight
'The size of passive funds has grown 36 per cent in a year'
Parija explains how mutual funds have gained traction
5 mins
September 2023
Mutual Fund Insight
Tomorrow, and tomorrow, and tomorrow...
There are a total of about 1.1 lakh crores of rupees invested in India’s mutual funds and the number of investors is now about 12 crore
4 mins
September 2023
Translate
Change font size