Fundcard

Axis Long Term Equity Fund

Value Research Fund Rating as on Feb 28, 2019

Open-ended and Equity: ELSS

Risk Grade – Low

Return Grade – Above Average

NAV – Rs. 43.22 as on Mar 14, 2019

Net Assets – Rs. 17425.6 crore as on Feb 28, 2019

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Axis Long Term Equity Fund
Rating: Fund Performance Vs S&P BSE 200 TRI
Risk: Low
Return: Above Average

Fund
S&P BSE 200 TRI
(Rebased to 10,000)

History 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
NAV (Rs) 10.00 13.00 11.08 14.82 17.26 28.69 30.61 30.40 41.78 42.90 43.22
Total Return (%) - 29.99 -14.76 33.68 16.51 66.18 6.70 -0.69 37.44 2.65 0.76
+/- S&P BSE 200 TRI - 12.23 11.21 0.66 10.45 28.74 6.88 -6.06 2.47 1.84 -2.48
+/- S&P BSE Sensex - 12.56 9.88 8.14 7.53 36.29 11.73 -2.64 9.53 -3.22 -3.92
Rank (Fund/Category) - 1/37 1/36 15/37 1/37 6/73 19/70 72/77 20/37 2/35 28/35
52 Week High (Rs) - 13.45 13.09 14.94 17.27 28.69 32.84 33.86 41.78 46.51 -
52 Week Low (Rs) - 9.92 10.87 11.05 13.54 16.65 28.53 27.01 30.35 38.56 -
Net Assets (Rs.Cr) 0.14 48.23 137.51 369.05 755.32 2983.00 6479.59 10509.09 15324.53 16973.29 -
Expense Ratio (%) - 2.50 2.46 2.35 2.85 2.55 2.51 2.50 2.50 2.17 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

Tata Consultancy Services Technology 25.90 5.02 8.77 2018 -3.49 6.65 -2.77 2.59 2.65
HDFC Bank Financial 30.30 4.75 7.95 2017 13.58 6.03 5.72 7.96 37.44
Kotak Mahindra Bank Financial 52.50 1.26 7.74 2016 -4.66 7.90 5.02 -8.07 -0.69
Bajaj Finance Financial 46.70 6.35 7.71 2015 8.27 -1.19 -0.23 -0.02 6.70
Pidilite Industries Chemicals 61.30 5.64 7.45 2014 11.05 19.98 12.82 10.56 66.18
Maruti Suzuki India Automobile 28.20 -5.03 5.37
Avenue Supermarts Services 104.00 -8.69 5.09 Trailing Returns (%)
HDFC Financial 34.90 -0.62 4.96 Return Rank S&P BSE SIP
Torrent Power Energy 11.40 -2.22 4.18 Fund Category Fund/Cat 200 TRI Return
Info Edge (India) Services 114.90 31.63 3.92 Year-to-Date 0.76 2.13 28/35 3.24 -
TTK Prestige Cons Durable 57.00 21.78 3.67 3-Month 0.90 2.91 32/35 4.29 32.54
Gruh Finance Financial 44.20 -12.31 3.50 6-Month -4.28 -3.48 22/35 -1.30 16.66
Sundaram Finance Financial 30.00 10.16 2.69 1-Year 6.32 0.53 3/35 6.96 2.77
Wabco India Automobile 40.00 -6.79 2.28 2-Year 13.51 8.77 2/34 12.87 6.72
Eicher Motors Automobile 33.90 -2.28 2.23 3-Year 14.73 14.45 16/33 16.43 10.46
Nestle India FMCG 64.20 -3.29 2.19 5-Year 18.57 15.72 3/29 14.76 11.67
Motherson Sumi Systems Automobile 61.90 -2.04 2.10 7-Year 19.25 14.13 1/28 13.30 16.79
Symphony Cons Durable 75.40 13.16 2.01 10-Year - - - - -
Bandhan Bank Financial 36.60 -6.52 2.01 Return less than 1-year are absolute and over 1 year are annualised
Cummins India Engineering 27.50 -12.63 1.79
Divi's Laboratories Healthcare 34.00 14.31 1.61 Top 10 Sector Weights (%) Risk Analysis
Endurance Technologies Automobile 49.40 -9.86 1.52 Volatility Measurements
Fund S&P BSE 200
TRI
Larsen & Toubro Construction 28.70 -4.12 1.50
Financial 39.19 - Standard Deviation 13.82
Astral Poly Technik Chemicals 101.00 2.20 1.37
ICICI Bank Financial 74.00 7.75 1.13 Automobile 14.11 - Sharpe Ratio 0.65
Services 9.01 - Beta 0.92
FUND STYLE Chemicals 8.82 - R-Squared 0.85
Portfolio Characteristics Investment Style Technology 8.77 - Alpha -0.64
Growth Blend Value
Total Stocks 32 Cons Durable 6.29 -
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

83719 Energy 4.18 -

Portfolio P/B Ratio 5.33 FMCG 2.19 - Equity 97.58
Portfolio P/E Ratio 33.43 Engineering 1.79 - Debt 1.12
3Y Earnings Growth (%) 17.59 Healthcare 1.73 - Cash 1.30
Returns as on March 14, 2019, Portfolio related data as on February 28, 2019
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 86.83%
The fund has slipped to a four-star rating in the last few months after The scheme aims to generate
retaining a five-star rating since launch. It witnessed a slowdown in regular long term capital
performance in 2016 but has recovered in 2017. The fund's investment
growth from a diversified
strategy focuses on buying quality growth stocks. While selecting stocks,
the fund looks for superior and scalable businesses, a high return on portfolio of equity and equity
capital and secular growth. The fund is large-cap oriented as compared related securities. The
to its peers. In the last one year, large-cap weights have been at 65 to 75 Scheme Will invest in
per cent and mid-caps at 25 to 30 per cent, with marginal small-cap companies with strong growth
QUARTER 25.79% positions. Consistent performance has led to the fund seeing its asset
& a sustainable business
size burgeon from a mere Rs 4 crore at launch to Rs 16,108 crore by
December 2017. However, the multi-cap mandate allows it leeway to model.
manage this through large-cap exposures. While the three year returns
are slightly below that of the category, the fund's one year returns are
about 1 percentage point higher and five year returns 3 percentage points
more than the category returns. The fund, being a later entrant, managed
to skip the bear market of 2008 and thus hasn't really been tested in a
MONTH severe market meltdown. Its performance in 2011, however, showed an
14.59%
ability to contain losses in a falling market. It has delivered convincing
outperformance of both its benchmark and peers in most bull years - be
it 2010, 2013 or 2014. A good multi-cap option if you like to own quality
businesses.

Portfolio Manager

Jinesh Gopani
Worst Performance Since Apr 2011

YEAR -14.99%

QUARTER -16.20%

MONTH -14.06%
Investment Information

AMC : Axis Asset Management Company Ltd. Min Investment (Rs.) : 500
Website : www.axismf.com Min SIP Investment (Rs.) : 500
Registrar : Karvy Fintech Pvt Ltd. Exit Load : Nil
Launch : December 2009
Benchmark : S&P BSE 200 TRI
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (20.12) , Growth (43.22)

NAV S&P BSE 200 TRI

How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating — The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade — A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade — A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the fund’s performance Sample Mutual Fund
since its launch. Graph of how an investors’ money
Rating:  Fund Performance Vs S&P CNX Nifty
z NAV (Year End) — The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return — The percent- Fund
fund’s benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- — In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the fund’s NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank — The fund’s perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range — The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds’ returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire year’s returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets — The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investor’s assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio — The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund — The fund’s own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category — The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank — The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
year’s returns are given. Also
z Index — The returns of the
stated is the percentage of the
fund’s benchmark index.
fund’s investments that are
z SIP Return (Annualised) —
invested in that company.
The return that an investor
would have made by investing
in the fund’s monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the fund’s investments. The mar- of investment that the fund follows, The percentage of the fund’s holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the fund’s investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.