Axis Bluechip Fund Growth - Latest NAV, Returns, Performance & Portfolio

Axis Bluechip Fund

  • highlight11.65%
  • highlight0.17(0.58%)

Start your investment

Min amount: 1000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 9.53 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years11.65%
3 Years13.81%
1 Year5.28%
6 Months10.16%
Fund Details
ISININF846K01164
RiskModerately High risk
Fund TypeLarge-Cap
NAV29.5
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
HDFC Bank Ltd9.54%
Bajaj Finance Ltd9.11%
Kotak Mahindra Bank Ltd8.93%
Tata Consultancy Services Ltd7.7%
ICICI Bank Ltd5.79%
Housing Development Finance Corp Ltd4.7%
Avenue Supermarts Ltd4.21%
Larsen & Toubro Ltd3.88%
Infosys Ltd3.76%
Titan Co Ltd3.45%

About Axis Bluechip Fund

The Scheme is an open-ended equity scheme predominantly investing in large cap stock. The investment objective of the Scheme is to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.

Pros & Cons of Axis Bluechip Fund

With a 7-year return of 14.86%, the fund has outperformed the benchmark index (12.33%) and the category average (12.21%). This Scheme has an impressive track record of out-performance. It emphasizes on quality and growth in its stock picks, favoring companies with improving cash flows and higher earnings visibility. While the Scheme tends to maintain a compact portfolio, it has cut down on the number of stocks sharply in recent times in response to the prevailing market conditions where only some select stocks are doing well. The fund has proven to a dependable offering in this category.

Fund Information and Statistics of Axis Bluechip Fund

i) Inception / Launch date

The Scheme was launched on 6 April 2005. HDFC Balanced Fund was merged into HDFC Premier Multicap (equity fund) and the resultant fund changed its name to HDFC Hybrid Equity Fund. The Scheme retains the fund manager, characteristics, strategy, risk, and suitability of HDFC Balanced Fund. HDFC Balanced Fund was a top performer in the balanced fund category.

ii) Risk level

The Riskometer of the Scheme is determined as “Moderately High”. The Scheme is suitable for investors who are seeking capital appreciation over long term.

iii) Redemption

Minimum redemption amount is Rs 1,000. Redemption proceeds are generally dispatched within 10 business days from the date of receipt of request.

iv) Fund Manager

The Scheme is currently managed by Mr. Shreyash Devalkar who is managing the Scheme since 23 November 2016. Mr. Devalkar has an experience of more than 5 years in equities markets as an Equity Research Analyst and he specializes in Information Technology, Telecommunication services, Industrials and Utilities sectors.

v) Entry / Exit load

For units in excess of 10% of the investment, 1% will be charged for redemptions within 1 year. Beyond 1 year, no exit load is charged.

About Reliance Mutual Fund

Axis Mutual Fund launched its first scheme in October 2009 and currently managing more than 50 schemes with over 20 lakh active investor accounts. Mr. Chandresh Kumar Nigam is the MD & CEO of the fund house. Axis bank Ltd holds 75% of stake and 25% of stake is held by Schroder Singapore Holdings Private Limited.

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Start your investment

Min amount: 1000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 9.53 Lakhs in a period of 20 years
Need help?
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Moderately 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