About Axis Long Term Equity Direct Plan-Dividend
Axis Long Term Equity Direct Plan-Dividend is a Tax Saver
mutual fund scheme from Axis Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund manager Jinesh Gopani
. It has an AUM of ₹21,492.33 Crores and the latest NAV decalared is ₹40.830 as on 20 Nov 2019 at 10:05 pm.
Axis Long Term Equity Direct Plan-Dividend scheme return performance in last 1 year is 18.17%, in last 3 years is 63.02% and 246.09% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
About Fund Category
Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.