Axis Asset Management Company Ltd.

Axis Bluechip Fund - Regular Plan - Growth

.EquityLarge Cap
  • Plan: Regular
  • |
  • Type: Open-Ended
  • |
  • Option: Growth
  • 1 yr return1.1%
  • 3 yr return14.7%
  • 5 yr return13.2%
  • Expense Ratio1.69%
  • Lock-in Period--
  • Exit Load1%
  • Fund Size (Cr)Rupees32322.1
  • NAVRupees43.8

Performance Graph

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Returns Calculator

  • Show returns for: SIP Lumpsum
  • Monthly SIP (Rupees)
  • Investment years: 1 3 5
  • Amount invested/month: Rupees-
  • Time Period: 1 years
  • Estimated Returns: Rupees0

Fund Video

Analysis

About Axis Bluechip Fund

Axis Bluechip Fund is an open-ended equity scheme primarily investing in the stocks of large-cap companies.

Benchmark

The Benchmark of the scheme is NIFTY 50 TRI.

Investment Details

ParticularsMinimum Amount
Minimum Application AmountRs.5,000 & in multiples of Rs.1 thereafter
Minimum Additional InvestmentRs.100 & in multiples of Rs.1 thereafter

SIP Details

TypeMinimum AmountMinimum Installments
MonthlyRs.1,000 & in multiples of Rs.1 thereafter6
YearlyRs.12,000 & in multiples of Rs.1 thereafter3

Loads

Entry Load: Nil

Exit Load:

If units are redeemed or switched out within 1 year, then:

  • Nil- Up to 10% of the units
  • 1%- On units in excess of 10%

If units are redeemed or switched out after 1 year - Nil

Suitability

Axis Bluechip Fund is suitable for investors with moderate to high-risk appetite looking to invest for a period of 5 years & above. 

Taxation:

As the fund predominantly invests in equity securities, Axis Bluechip Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:

  • If the units are sold after 1 year, then the gains on investments are treated as Long Term Capital Gains (LTCG). LTCG of up to Rs 1 lacs in a financial year is tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.
  • If the units are sold within 1 year, then the gains are treated as Short Term Capital Gains (STCG) and are taxed at the rate of 15%.

Axis Bluechip Fund’s Asset Allocation

Under normal conditions, the pattern of asset allocation is as follows:

 

AssetsMinimum indicative allocation (% of total assets)Maximum indicative allocation (% of total assets)Risk Profile
Equity & Equity related securities of Large-cap companies 80100High 
Equity & Equity related securities of other companies 020High
Debt & money market instruments020Low to Moderate
REITs & InVITs010Moderate to High

Who should invest?

Large-cap funds are those equity mutual funds that invest in the equity & equity-related securities of the Top 100 companies in terms of market capitalization. These companies have strong balance sheets, large market shares & organized management which makes them leaders in their sectors. 

Investments in Axis Bluechip Fund can be made by investors who want to invest in established entities with a track record of excellent performance for a long period of time. The large size of the underlying holdings makes investments in these funds relatively stable as compared to investments in other equity fund categories.

Investors looking to invest in equity funds with relatively low volatility could consider investments in this fund. The fund can be a good investment for an investor’s core equity portfolio.

Eligibility 

The following people are eligible for investing in this scheme:

  • Indian Resident Adults (single holder or on a joint basis)
  • Hindu Undivided Family
  • Partnership entities
  • Limited Liability Partnership units
  • Minor through parent or a legal guardian
  • Sole Proprietor
  • Corporates, PSUs & others.
  • NRIs/POIs/OCIs
  • Banks & Financial Institutions
  • Religious & Charitable Trusts
  • Defense & paramilitary units
  • Foreign Portfolio Investors
  • Pension/Provident/Gratuity Funds
  • Trustee, AMCs or Sponsors
  • Other schemes of Axis or other mutual funds
  • Alternative Investment Funds
  • Others

How to invest in Axis Bluechip Fund?

You can invest in Axis Bluechip Fund through any AMFI distributor, AMC, banks or third party platforms. If you need any help with your investments, you can reach out to our ZFunds Experts on Whatsapp - 7217746224.

Also Read: Best Large Cap Mutual Funds to Invest

Write a Review

User Reviews

5

5 out of 5 stars

1 User reviews

  • A
    Akshit Girhotra 10/12/2020
    5

    Top & consistent performing fund. Very high-quality stock portfolio. Manages downside risks very well. One of the best picks in the large-cap space.

Investment Objective

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. However, There Can Be No Assurance That The Investment Objective Of The Scheme Will Be Achieved.

Tax Implications

Taxation on mutual fund explained : https://zfunds.in/article/taxes-on-mutual-funds

Top Holdings

  • Companies %
  • Clearing Corporation of India Ltd 13
  • ICICI Bank Limited 9.3
  • Bajaj Finance Limited 7.9
  • Infosys Limited 7.5
  • HDFC Bank Limited 7
  • Avenue Supermarts Limited 6.4
  • Tata Consultancy Services Limited 6.1
  • Reliance Industries Limited 5.5
  • Kotak Mahindra Bank Limited 4.2
  • Bharti Airtel Limited 2.4
  • Housing Development Finance Corporation Limited 2.4
  • Sectors %
  • Banks21.7
  • Internet and Technology14.4
  • Cash/Deposits/Margins/Treps/Repo/Swaps13.4
  • Finance13
  • Retailing7.4

Fund House