Axis Bluechip Fund Direct Plan Growth - Latest NAV ₹42.13, Returns, Performance & Portfolio

Axis Bluechip Fund Direct Plan Growth

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    16.93%
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    (+0.38)42.13

Min amount: ₹500

Calculate Returns

Rs. 500 invested monthly becomes Rs. 10.01 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years16.93%
3 Years15.35%
1 Year45.23%
6 Months19.45%
Fund Details
ISININF846K01DP8
RiskVery High Risk
Fund TypeLarge-Cap
NAV42.13
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Infosys Ltd9.51%
HDFC Bank Ltd9.36%
Bajaj Finance Ltd8.69%
Tata Consultancy Services Ltd7.4%
Kotak Mahindra Bank Ltd7.14%
ICICI Bank Ltd6.28%
Avenue Supermarts Ltd5.6%
Housing Development Finance Corp Ltd5.29%
Reliance Industries Ltd Shs Dematerialised4.22%
Hindustan Unilever Ltd2.73%

About Axis Bluechip Fund - Direct Plan - Growth

Axis Bluechip Fund is an open-ended equity scheme, which predominantly invests in large-cap stocks. Investors who are looking for capital appreciation over time and portfolio diversification with equity and equity-related instruments of large-cap firms can choose this fund.

Pros and Cons of Axis Bluechip Fund - Direct Plan - Growth

Axis Bluechip Fund - Direct Plan - Growth is an equity mutual fund that comes with a lower expense ratio. The fund invests in large companies; since these companies trade frequently, they are liquid and less volatile. Another competent factor about the fund is that there is no lock-in period.

On the other hand, the risk-adjusted returns turn out to be lower when compared to the category. Even the one-year, three-year, and five-year returns are lower than their respective benchmarks.

##Fund Information and Statistics

i) Inception/Launch Date Axis Bluechip Fund was incepted on 1 January 2013.

ii) Risk level Axis Bluechip Fund is an equity-linked fund, which implies that there can be a moderately high risk with this investment. The fund invests about 79.79% of the investments in Indian stocks, out of which 71.26% will be invested in large-caps and 1.28% in mid-caps. Equity funds hold the potential to subdue inflation and generate long-term wealth.

iii) Redemption As per the norms of the Axis Bluechip Fund, there is no lock-in period imposed as such. However, you are advised to stay with the fund for a period of 12 months to reduce any losses in the form of exit load.

iv) Fund Manager Mr Shreyash Devalkar is the current Fund Manager for the Axis Bluechip Fund.

v) Entry/Exit Load Entry load has been discontinued according to the SEBI’s order dated 30 June 2009. If you redeem or switch out from the fund within 12 months from the date of allotment, there is no exit load for 10% of investments and 1% exit load for the remaining investments. On the other hand, if you switch-out after 12 months from the date of allotment, there will not be any exit load with effect from 25 September 2017.

About Axis Mutual Fund

Axis Mutual Fund, a leading fund house in India, was registered with the Securities and Exchange Board of India (SEBI) in 2009. While Axis Bank Limited is the sponsor for the fund house, Axis Mutual Fund Trustee Limited is the trustee. Its Average Assets Under Management (AAUM) amounts to Rs.13,003.39 crore as on 31 May 2020.

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Min amount: ₹500

Calculate Returns

Rs. 500 invested monthly becomes Rs. 10.01 Lakhs in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns