canara-robeco-blue-chip-equity-fund-regular-plan-growth-option

nippon-india-large-cap-fund-growth-plan--growth-option

idbi-india-top-100-equity-fund-growth

<h2>ICICI Prudential Bluechip Fund - Growth</h2><p>ICICI Prudential Asset Management Company Limited is a joint venture between ICICI Bank, India’s Leading Private Sector Bank and Prudential plc of the UK, one of the largest financial services providers. Established in 1998, ICICI Prudential AMC Ltd. is the 3rd largest AMC in India with over Rs.350,000 crores of Assets under management, offering a variety of Mutual Fund schemes in different asset classes to investors.</p><p>&nbsp;</p><h3><strong>Investment Objective of ICICI Prudential Bluechip Fund</strong></h3><p>ICICI Prudential Bluechip Fund is an open ended <a href="https://zfunds.in/article/10-commandments-of-equity-investing">equity scheme</a> predominantly investing in large cap stocks with the <a href="https://zfunds.in/article/what-are-the-best-low-risk-investment-options-that-give-more-return-than-your-bank-account">investment</a> objective to generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity-related securities of large-cap companies.</p><p>&nbsp;</p><h3><strong>Suitability</strong></h3><p>ICICI Prudential Bluechip Fund is suitable for investors with moderate to high-risk appetite looking to invest for over a period of 5 years &amp; above.</p><p>&nbsp;</p><h3><strong>Taxation of ICICI Prudential Bluechip Fund Growth</strong></h3><p>&nbsp;</p><p><strong>Following taxation is applicable:</strong></p><ol><li>If the units are held for more than 1 year, then the gains are treated as Long Term Capital Gains(LTCG). LTCG of up to Rs 1 lacs are tax-free and above that, it is taxed at the rate of 10% without the benefit of indexation.</li><li>If the units are held for less than 1 year, then the gains are treated as Short Term Capital Gains(STCG) and are taxed at the rate of 15%.</li></ol><p>&nbsp;</p><h3><strong>What are Large Cap Funds?</strong></h3><p><a href="https://zfunds.in/article/top-large-cap-equity-funds-2020">Large Cap Funds</a> are those funds that invest a major portion of their corpus in companies with Large market capitalization. These funds invest in Large Cap companies. As per SEBIs categorization these are the top 100 companies in terms of market capitalization.</p><p>&nbsp;</p><h3><strong>Why should you invest in Large Cap Funds?</strong></h3><p>Large Cap Funds invest in reputed companies with a large market share, strong financials, and strong corporate governance practices. These companies have a well-established track record of performances and hence have the potential to offer stable returns to the investors.</p><p>Investments in Large caps are relatively less risky than the mid-cap and <a href="https://zfunds.in/article/top-small-cap-equity-funds-2020">small-cap</a> categories because of their financial stability. This makes Large Cap Fund investment most suitable for conservative investors willing to take exposures in equity.</p><p>You should invest in these funds to gain long term capital appreciation with stable returns and relatively lower risks.&nbsp;&nbsp;</p><p>Benchmark</p><p>The Benchmark for the Scheme is NIFTY 100 TRI.</p><p>&nbsp;</p><p><strong>ICICI Pru Bluechip Fund NAV</strong></p><p>The NAV or Net Asset Value is simply the Mutual Fund’s per unit Market Value, the rate at which investors can buy/sell the units in the market. It is calculated by dividing the total market values of the securities in the portfolio by the total number of units.</p><p>NAV of the mutual fund varies on a daily basis from the change in the market prices of the securities held in the portfolio. As per SEBI Guidelines, the NAVs of the scheme are updated by 11.00 pm every business day by the AMCs on their websites and AMFI’s Website.</p><p>The investors can check the updated NAVs of the scheme on the <a href="https://zfunds.in/">ZFunds</a>. They can also check the Latest NAV on ICICI Prudential Mutual Fund’s website and on the website of the Association of Mutual Funds of India.</p><p>&nbsp;</p><h3><strong>ICICI Prudential Bluechip Fund’s Asset Allocation</strong></h3><p>Under normal conditions, the fund will invest at least 80% of its corpus in equity &amp; equity securities of Large Cap companies. The balance corpus, i.e. up to 20% will be allocated in equity &amp; equity-related securities other than large-cap, and in debt &amp; money market securities.</p><p>The fund manager may diverge from the stated asset allocation pattern depending upon the market conditions, opportunities &amp; economic factors as per his discretion in the favorable interests of the unitholders for a temporary period.</p><p>&nbsp;</p><h4><strong>ICICI Prudential Bluechip Fund Investment Restrictions</strong></h4><p>The Scheme cannot invest more than 10% of its assets in debt securities including money market instruments and non-money market instruments issued by a single issuer. Such investment limit may be extended to 12% by the prior approval of the Board of Trustees and the Board of directors of the asset management company.</p><ul><li>The mutual fund scheme cannot invest more than 10% of its assets in unrated debt instruments by a single issuer and a maximum of 25% can be invested in such instruments.</li><li>The Scheme can make investments in the other schemes of the same AMC or the schemes of other AMCs, but such investments should be limited up to 5% of the total assets of the fund without charging any management fees.</li><li>The <a href="https://zfunds.in/mutual-funds?lang=en">mutual fund</a> Scheme cannot make investments in any unlisted securities of an associate or group company of the sponsor.</li><li>The scheme cannot invest in any Fund of Funds schemes.</li><li>The Fund cannot own more than 10% of any company‘s paid up capital carrying voting rights.</li><li>The Fund can only borrow for meeting temporary liquidity needs and is allowed to borrow not more than 20% of its assets for a maximum period of 6 months.</li><li>The Scheme cannot pass loans against the units to the investors.</li></ul><p>For more details regarding the other Investment Restrictions, you can read the Scheme Information Document available at ICICI Prudential Mutual Fund’s Website.</p><p>&nbsp;</p><h4><strong>Risk Factors</strong></h4><p><strong>Risk Factors associated with Equity Exposures</strong></p><ul><li>The investment decisions taken by the Fund Manager &amp; AMC might not be profitable every time due to several issues.</li><li>The NAV of the fund or the value of the investment can be affected by several market or security-related factors including price and volume volatility in the capital markets, interest rate changes,currency exchange rates, changes in Government policies or any other economic factors.</li><li>The Mutual Fund may not be able to sell/lend out securities, which can lead to temporary illiquidity. Security lending may sometimes lead to losses as in the case of the other parties failing to meet the terms &amp; returning the securities.</li><li>There is no assurance that the fund may continue paying dividends in the future as the underlying holding companies may not declare or declare less dividends.</li><li>Securities not listed on exchanges are risky compared to ones listed, as they are illiquid in nature and hence exposed to high liquidity risk. The Fund may make investments in these securities in limits as per the regulations.</li><li>Listed Securities have lower liquidity risks however there are limits in selling these securities as imposed by the Exchanges.</li><li>Changes in taxation rules &amp; government policies can have an impact on the returns for the investors as well as business-related returns.</li><li>The Fund manager endeavors to generate returns based on historical trends, however there is no assurance on whether these historical trends will continue or not.</li></ul><p>&nbsp;</p><p><strong>Risk Factors associated with Debt Exposures</strong></p><p>The main risk factors associated with the debt exposures in the scheme are as follows:</p><p>• <strong>Interest Rate Risk:</strong> Interest Rate risk is the risk associated with the changes in Interest rates in the economy. A rise in the interest rates in an economy will result in the fall in the NAVs of the scheme and vice-versa.</p><p>• <strong>Credit Risk:</strong> Credit Risk refers to the risk associated with the Borrower’s failure to meet the principal and/or interest payments. All debt instruments carry this risk. Generally, government securities have very little credit risk as compared to the other debt securities including corporate bonds.</p><p>• <strong>Price Risk:</strong> As long as the Scheme remains invested, its Net Asset Value (NAV) would be exposed to market fluctuations, and its value can go up as well as down as a result of instrument-related or macroeconomic factors.</p><p>• <strong>Market Risk:</strong> Market risk is the risk of volatility in NAVs of the fund arising from the conditions affecting the overall markets. The factors can be inflation, changes in government policies, natural calamities, interest rate changes or liquidity issues etc.</p><p>• <strong>Liquidity Risk:</strong> A lower level of liquidity in the market may affect values of the securities. Lower Liquidity in the market leads to difficulties in selling or redeeming securities in the market. In such a case, the fund may have to bear extra costs or may find it difficult to sell units at lower prices.</p><p>• Risk related to investment patterns: Different types of securities have different levels of risk associated with them. For Example- AAA papers are less risky than AA-rated papers or bonds. Any changes in the investment patterns of the scheme can have an impact on the riskiness of the scheme.&nbsp;</p><p>• <strong>Duration Risk</strong>: Debt securities with higher duration could be riskier in terms of price movements relative to those with lower duration. Thus any changes in the interest rates will have more impact on the securities with the higher durations.</p><p>• <strong>Concentration Risk:</strong> Concentration risk can arise if the portfolio of the fund is highly concentrated, i.e. exposed to a particular sector, company, or bond.&nbsp;</p><p>For reading more about Risk Factors associated with this fund, you can read the Scheme Information Document available at ICICI Prudential Mutual Fund’s Website.</p><h3>Top Large-Cap Funds&nbsp;</h3><figure class="table"><table><tbody><tr><td>ZF Rank</td><td>Funds</td><td>3 Year Returns Annualized</td><td>5 Year Returns Annualized</td></tr><tr><td>1</td><td><a href="https://zfunds.in/mutual-funds/Axis-Bluechip-Fund---Regular-Plan---Growth">Axis Bluechip Fund Growth</a></td><td>7.53</td><td>5.92</td></tr><tr><td>2</td><td><a href="https://zfunds.in/mutual-funds/mirae-asset-large-cap-fund-growth-plan">Mirae Asset Large Cap Fund Growth</a></td><td>-0.89</td><td>3.67</td></tr><tr><td>3</td><td>ICICI Prudential Bluechip Fund Growth</td><td>-2.54</td><td>1.52</td></tr></tbody></table></figure><p>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; as on 31st March 2020</p>

icici-prudential-bluechip-fund-growth

 The expense ratio for regular mutual fund schemes typically lies within 1.5 percent to 2 percent.&nbsp;</p><p>Q. Is there any lock-in period for SBI Bluechip Fund ?&nbsp;</p><p>A. No, there is no lock-in period for this fund since this is not an ELSS or equity-linked savings scheme. This means that you can redeem or switch out your SBI Bluechip Mutual Fund units at any point in time after allocation. It is important to note that since this is not an ELSS, you cannot claim tax deduction under Section 80C of the Income Tax Act.&nbsp;</p><p>Q. What are some other well-known mutual fund schemes by SBI Mutual Fund ?&nbsp;</p><p>A. SBI Technology Opportunities Fund – Regular Plan – Growth, SBI Small Cap Fund – Regular Plan – Growth, SBI Large &amp; Midcap Fund – Regular Plan – Growth, SBI Focused Equity Fund – Regular Plan –Growth, SBI NIFTY Index Fund – Regular Plan – Growth, and SBI Flexicap Fund – Regular Plan –Growth Option are some popular schemes by SBI Mutual Fund. You can invest in all of these and many more on ZFunds.&nbsp;</p><p>Q. Should anyone looking for short-term gains invest in SBI Bluechip Fund ?</p><p>A. This fund is recommended for people who are looking to stay invested for several years.</p><p><strong>More Information:</strong></p><p><a href="https://zfunds.in/mutual-funds/sbi-small-cap-fund-regular-plan-growth">SBI Small Cap Fund Regular Plan</a><br><a href="https://zfunds.in/mutual-funds/sbi-equity-hybrid-fund-regular-plan--growth">SBI Equity Hybrid Fund Regular Plan Growth</a><br><a href="https://zfunds.in/mutual-funds/sbi-focused-equity-fund-regular-plan--growth">SBI Focused Equity Fund Regular Plan</a><br><a href="https://zfunds.in/mutual-funds/sbi-magnum-multicap-fund-regular-plan--growth-option">SBI Magnum Multicap Fund Regular Plan</a><br><a href="https://zfunds.in/m/best-large-cap-mutual-funds">Best Large Cap Mutual Funds to Invest</a><br>&nbsp;</p>

SBI Bluechip Fund (Direct and Regular) Growth is an equity mutual fund scheme from SBI fund. Zfunds provides an overview, including returns, latest NAV, ratings etc.

sbi-blue-chip-fund-regular-plan-growth

SBI Bluechip Fund Regular Growth | SBI Bluechip Fund NAV

kotak-bluechip-fund-growth

<p>HDFC Top 100 Fund from the house of HDFC Mutual Funds reviewed in detail. The HDFC Top 100 Fund invests in equity and equity-related securities of large cap companies. The fund has an investment objective to generate long-term capital growth by investing its assets in equity and equity-related securities of large cap companies. Large cap companies are those which are ranked in the top 100 in terms of market capitalization. The minimum lumpsum amount is Rs.5,000 and the minimum SIP amount is Rs.500. The fund manager of HDFC Top 100 Fund is Mr. Prashant Jain.</p>

hdfc-top-100-fund-growth-option-regular-plan

edelweiss-large-cap-fund-regular-plan-growth-option

tata-large-cap-fund-regular-plan-growth

<h2>About Mirae Asset Large Cap Fund</h2><p>Mirae Asset Large Cap Fund is an open-ended equity scheme primarily investing in the stocks of large-cap companies.</p><h3>Investment Objective</h3><p>The investment objective of the scheme is to provide long term capital appreciation to the investors by making investments in equity securities of large-cap companies.</p><figure class="image"><img src="https://lh3.googleusercontent.com/hLWPjg5aGFNx_ICcko2TMbPLLcI1rvLPAgJUbDA48psZGpPLA-_FQtfH0L7N4h1WU82oOoSuBBHvpfe34XAHnm_Y-vA1F5aH6uye6mJ3tOAD-WEnw0_vfuKFHWePPBaa7cJzLw_tAo4GxtS2i7293RZ1ffSCWuA5cNSwCrNOh3Mw0rB5FbohnDcwTNox" alt="Mirae Asset Large Cap Fund"></figure><h3>Benchmark</h3><p>The Benchmark of the scheme is NIFTY 100 TRI.</p><h3>Investment Details</h3><figure class="table"><table><tbody><tr><td><strong>Particulars</strong></td><td><strong>Minimum Amount</strong></td></tr><tr><td>Minimum Application Amount</td><td>Rs.5,000 &amp; in multiples of Rs.1 thereafter</td></tr><tr><td>Minimum Additional Investment</td><td>Rs.1,000 &amp; in multiples of Rs.1 thereafter</td></tr></tbody></table></figure><h3>SIP Details</h3><figure class="table"><table><tbody><tr><td><strong>Type</strong></td><td><strong>Minimum Amount</strong></td><td><strong>Minimum Installments</strong></td></tr><tr><td>Monthly</td><td>Rs.1,000 &amp; in multiples of Rs.1 thereafter</td><td>5</td></tr><tr><td>Quarterly</td><td>Rs.1,000 &amp; in multiples of Rs.1 thereafter</td><td>5</td></tr></tbody></table></figure><h3>Loads</h3><p><strong>Entry Load:</strong> Nil</p><p><strong>Exit Load:</strong></p><p>For investors who have opted for SWP plans:</p><p>If units of up to 15% are redeemed or switched out within 1 year - Nil</p><ul><li>Units in excess of 15% redeemed or switched out within 1 year - 1%</li></ul><p>If units are redeemed or switched out after 1 year - Nil</p><p>For investors who have not opted for SWP plans:</p><p>If units are redeemed or switched out within 1 year - 1%</p><p>If units are redeemed or switched out after 1 year - Nil</p><h3>Suitability</h3><p>Mirae Asset Large Cap Fund is suitable for investors with moderate to high-risk appetite looking to invest for a period of 5 years &amp; above.&nbsp;</p><h3>Taxation:</h3><p>As the fund predominantly invests in equity securities, Mirae Asset Large Cap Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:</p><ul><li>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.</li><li>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%.</li></ul><h2>Mirae Asset Large Cap Fund’s Asset Allocation</h2><p>Under normal conditions, the pattern of asset allocation is as follows:</p><figure class="table"><table><tbody><tr><td><strong>Assets</strong></td><td><strong>Minimum indicative allocation (% of total assets)</strong></td><td><strong>Maximum indicative allocation (% of total assets)</strong></td><td><strong>Risk Profile</strong></td></tr><tr><td>Equity &amp; Equity related securities of Large-cap companies&nbsp;</td><td>80</td><td>100</td><td>High&nbsp;</td></tr><tr><td>Equity &amp; Equity related securities of other companies&nbsp;</td><td>0</td><td>20</td><td>High</td></tr><tr><td>Debt &amp; money market instruments</td><td>0</td><td>20</td><td>Low to Moderate</td></tr></tbody></table></figure><h2>Who should invest in Mirae Asset Large Cap Fund ?</h2><p>Large-cap funds are those equity mutual funds that invest in the equity &amp; equity-related securities of the Top 100 companies in terms of market capitalization. These companies have strong balance sheets, large market shares &amp; organized management which makes them leaders in their sectors.&nbsp;</p><p>Investments in Mirae Asset Large Cap 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.</p><p>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.</p><h3>Eligibility&nbsp;</h3><p>The following people are eligible for investing in this scheme:</p><ul><li>Indian Resident Adults (single holder or on a joint basis)</li><li>Hindu Undivided Family</li><li>Partnership entities</li><li>Limited Liability Partnership units</li><li>Minor through parent or a legal guardian</li><li>Sole Proprietor</li><li>Corporates, PSUs &amp; others.</li><li>NRIs/POIs/OCIs</li><li>Banks &amp; Financial Institutions</li><li>Religious &amp; Charitable Trusts</li><li>Defense &amp; paramilitary units</li><li>Foreign Portfolio Investors</li><li>Pension/Provident/Gratuity Funds</li><li>Trustee, AMCs or Sponsors</li><li>Other schemes of Mirae Asset or other mutual funds</li><li>Alternative Investment Funds</li><li>Others</li></ul><h2>How to invest Mirae Asset Large Cap Fund?</h2><p>You can invest in Mirae Asset Large Cap 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.</p><h4>Frequently Asked Questions about Mirae Asset Large Cap Fund - Growth Plan</h4><p>Q. What is the expense ratio for Mirae Asset Large Cap Fund - Growth Plan ?</p><p>A. The expense ratio – which is the fee that a mutual fund company charges for the maintenance of a mutual fund scheme – for Mirae Asset Large Cap Fund - Growth Plan is 1.58 per cent as on 24th September 2022.&nbsp;</p><p>Q. What is the investment distribution for Mirae Asset Large Cap Fund - Growth Plan among companies of different market cap ?&nbsp;</p><p>A. Mirae Asset Large Cap Fund has around 99 percent investment in domestic equity with around 65 percent, 9 percent and 4 percent in large cap, mid cap and small cap, respectively.&nbsp;</p><p>Q. What are the tax implications of returns from Mirae Asset Large Cap Fund ?</p><p>A. In case you choose to sell more than 15 percent of your Mirae Asset Large Cap Fund units within the first year from the date of allocation, then an exit load of one percent shall be applicable. In any other case, no exit load shall be charged by Mirae Asset Mutual Fund.&nbsp;</p><p>Q. What are the top companies of investment for Mirae Asset Large Cap Fund ?</p><p>A. HDFC Bank, ICICI Bank, Infosys, Reliance Industries and Axis Bank are the top investments for Mirae Asset Large Cap Fund. However, these are subject to change at any time at the fund manager’s discretion.&nbsp;</p><p>Q. What are Mirae Asset Large Cap Fund’s three and five year returns ?&nbsp;</p><p>A. Mirae Asset Large Cap Fund’s three and five year returns stand at 14.6 percent and 11.6 percent, respectively.&nbsp;</p><p><strong>More Mirae Asset Funds:</strong></p><p><a href="https://zfunds.in/mutual-funds/mirae-asset-tax-saver-fund-regular-plan-growth">Mirae Asset Tax Saver Fund Regular Plan</a><br><a href="https://zfunds.in/mutual-funds/mirae-asset-midcap-fund-regular-plan">Mirae Asset Midcap Fund Regular Plan</a><br><a href="https://zfunds.in/mutual-funds/mirae-asset-focused-fund-regular-plan-growth">Mirae Asset Focused Fund Regular Plan Growth</a><br><a href="https://zfunds.in/mutual-funds/mirae-asset-arbitrage-fund-regular-growth">Mirae Asset Arbitrage Fund Regular Growth</a><br><a href="https://zfunds.in/mutual-funds/mirae-asset-hybrid-equity-fund-regular-plan-growth">Mirae Asset Hybrid Equity Fund Regular Plan</a><br><a href="https://zfunds.in/mutual-funds/mirae-asset-banking-and-psu-debt-fund-regular-growth-plan">Mirae Asset Banking and PSU Debt Fund Regular</a><br><a href="https://zfunds.in/mutual-funds/mirae-asset-short-term-fund-regular-plan-growth">Mirae Asset Short Term Fund Regular Plan</a></p><p>&nbsp;</p>

Mirae Asset Large Cap Fund (Direct and Regular) Growth is an equity mutual fund scheme from Mirae Asset. Zfunds provides an overview, including returns, latest NAV, ratings etc.

mirae-asset-large-cap-fund-growth-plan

Mirae Asset Large Cap Fund Regular Growth | Mirae Asset Large Cap Fund NAV

aditya-birla-sun-life-frontline-equity-fund-growth

invesco-india-largecap-fund-growth

uti-master-share-growth-option

union-largecap-fund-regular-plan-growth-option

jm-large-cap-fund-regular-growth-option

hsbc-large-cap-fund-regular-growth

bandhan-large-cap-fund-regular-plan-growth

lic-mf-large-cap-fund-regular-plan-growth

<h2>About Axis Bluechip Fund</h2><p>Axis Bluechip Fund is an open-ended equity scheme primarily investing in the stocks of large-cap companies.</p><h3>Benchmark</h3><p>The Benchmark of the scheme is NIFTY 50 TRI.</p><h3>Investment Details</h3><figure class="table"><table><tbody><tr><td><strong>Particulars</strong></td><td><strong>Minimum Amount</strong></td></tr><tr><td>Minimum Application Amount</td><td>Rs.5,000 &amp; in multiples of Rs.1 thereafter</td></tr><tr><td>Minimum Additional Investment</td><td>Rs.100 &amp; in multiples of Rs.1 thereafter</td></tr></tbody></table></figure><h3>SIP Details</h3><figure class="table"><table><tbody><tr><td>Type</td><td>Minimum Amount</td><td>Minimum Installments</td></tr><tr><td>Monthly</td><td>Rs.1,000 &amp; in multiples of Rs.1 thereafter</td><td>6</td></tr><tr><td>Yearly</td><td>Rs.12,000 &amp; in multiples of Rs.1 thereafter</td><td>3</td></tr></tbody></table></figure><h3>Loads</h3><p><strong>Entry Load:</strong> Nil</p><p><strong>Exit Load:</strong></p><p>If units are redeemed or switched out within 1 year, then:</p><ul><li>Nil- Up to 10% of the units</li><li>1%- On units in excess of 10%</li></ul><p>If units are redeemed or switched out after 1 year - Nil</p><h3>Suitability</h3><p>Axis Bluechip Fund is suitable for investors with moderate to high-risk appetite looking to invest for a period of 5 years &amp; above.&nbsp;</p><h3>Taxation:</h3><p>As the fund predominantly invests in equity securities, Axis Bluechip Fund has the taxability of an equity mutual fund scheme. Following taxation is applicable:</p><ul><li>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.</li><li>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%.</li></ul><h2>Axis Bluechip Fund’s Asset Allocation</h2><p>Under normal conditions, the pattern of asset allocation is as follows:</p><p>&nbsp;</p><figure class="table"><table><tbody><tr><td><strong>Assets</strong></td><td><strong>Minimum indicative allocation (% of total assets)</strong></td><td><strong>Maximum indicative allocation (% of total assets)</strong></td><td><strong>Risk Profile</strong></td></tr><tr><td>Equity &amp; Equity related securities of Large-cap companies&nbsp;</td><td>80</td><td>100</td><td>High&nbsp;</td></tr><tr><td>Equity &amp; Equity related securities of other companies&nbsp;</td><td>0</td><td>20</td><td>High</td></tr><tr><td>Debt &amp; money market instruments</td><td>0</td><td>20</td><td>Low to Moderate</td></tr><tr><td>REITs &amp; InVITs</td><td>0</td><td>10</td><td>Moderate to High</td></tr></tbody></table></figure><h2>Who should invest?</h2><p>Large-cap funds are those equity mutual funds that invest in the equity &amp; equity-related securities of the Top 100 companies in terms of market capitalization. These companies have strong balance sheets, large market shares &amp; organized management which makes them leaders in their sectors.&nbsp;</p><p>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.</p><p>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.</p><h3>Eligibility&nbsp;</h3><p>The following people are eligible for investing in this scheme:</p><ul><li>Indian Resident Adults (single holder or on a joint basis)</li><li>Hindu Undivided Family</li><li>Partnership entities</li><li>Limited Liability Partnership units</li><li>Minor through parent or a legal guardian</li><li>Sole Proprietor</li><li>Corporates, PSUs &amp; others.</li><li>NRIs/POIs/OCIs</li><li>Banks &amp; Financial Institutions</li><li>Religious &amp; Charitable Trusts</li><li>Defense &amp; paramilitary units</li><li>Foreign Portfolio Investors</li><li>Pension/Provident/Gratuity Funds</li><li>Trustee, AMCs or Sponsors</li><li>Other schemes of Axis or other mutual funds</li><li>Alternative Investment Funds</li><li>Others</li></ul><h4>How to invest in Axis Bluechip Fund ?</h4><p>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 - <strong>7217746224</strong>.</p><h4>Frequently Asked Questions about Axis Bluechip Fund Growth</h4><p>Q. What returns have Axis Bluechip Fund Growth given in the past five years ?</p><p>A. The scheme has given an annual return of 12.9 percent over the past five years. An investment of INR 100000 in the Axis Bluechip Fund Growth five years back would have become INR 188000 today. Moreover, a monthly SIP (systematic investment plan) of INR 10000 started five years back would have become 850000 today.&nbsp;</p><p>Q. What is the minimum amount for SIP and lump sum investments in Axis Bluechip Fund Growth ?&nbsp;</p><p>A. You can start SIP in Axis Bluechip Fund Growth with just INR 500 per month. Moreover, you can have any additional amount in the multiples of 1. In case you are making lump sum investments in the Axis Bluechip Fund Growth plan, then you can start with INR 5000 and in multiples of 1 thereafter. However, you can make subsequent lump sum investments in the fund starting with just INR 100 and in multiples of 1 thereafter.&nbsp;</p><p>Q. Is there any risk while investing in Axis Bluechip Fund ?&nbsp;</p><p>A. Yes. All mutual fund investments are subject to market risks. However, Axis Bluechip Fund invests in India’s biggest companies in terms of market cap. Hence, the risk might be slightly lower as compared to some other mutual fund schemes (small cap and mid cap) available for investment.&nbsp;</p><p>Q. What is the current Axis Bluechip Fund NAV ?&nbsp;</p><p>A. The current Axis Bluechip Fund NAV is INR 43.6, and the fund size is INR 36979.68 crores, as on 26th September 2022.&nbsp;</p><p>Q. What is a bluechip fund ?</p><p>A. A bluechip fund – also known as a large cap fund – is an open-ended equity scheme that primarily invests in equity and equity-related instruments of large-cap companies. Such investments amount to over 65 percent of the total investible corpus of the scheme. Bluechip or large cap companies usually have a proven track record and are market leaders in their segments.&nbsp;</p><p>Q. What are the tax implications of returns from the Axis Bluechip Fund scheme ?&nbsp;</p><p>A. The tax implication depends on the duration of investment. For instance, if you sell your mutual fund units after one year of purchase, then the gains are treated as long-term capital gains or LTCG. Such gains of up to INR 100000 in a financial year are exempted from tax, and a tax rate of 10 percent is applicable on any gains above that in a financial year. However, if you sell your Axis Bluechip Fund units within one year of purchase, then the gains are treated as short-term capital gains or STCG. These gains are taxed at 15 percent flat and there is no tax exemption.&nbsp;</p><p>Q. What is the expense ratio for Axis Bluechip Fund Regular Growth scheme?&nbsp;</p><p>A. The current expense ratio for Axis Bluechip Fund Regular Growth scheme, as on 26th September 2022, is 1.62 percent. It is the percentage that investors need to pay to the mutual fund company towards the management of the fund.&nbsp;</p><p><strong>Also Read:</strong></p><p><a href="https://zfunds.in/m/best-large-cap-mutual-funds">Best Large Cap Mutual Funds to Invest</a></p><p><a href="https://zfunds.in/mutual-funds/axis-bluechip-fund-regular-plan-growth">Axis Bluechip Regular Fund</a></p><p><a href="https://zfunds.in/mutual-funds/sbi-blue-chip-fund-regular-plan-growth">SBI Bluechip Regular Fund</a></p>

Axis Bluechip Fund (Direct and Regular) Growth is an equity mutual fund scheme from Axis fund. Zfunds provides an overview, including returns, latest NAV, ratings etc.

Canara Robeco Blue Chip Equity Fund - Regular Plan - Growth Option

Performance Graph

Returns Calculator

Write a Review

Investment Objective

Similar Funds

Riskometer

Top Holdings

Fund House