Axis Blue Chip Fund: A Guide To Investing Wisely

Axis Bluechip Fund is a large-cap mutual fund that has been in existence for over a decade. The fund aims to generate long-term capital growth by investing in a diversified portfolio of equity and equity-related instruments of large-cap companies. The fund's top holdings include investments in well-known companies such as Reliance Industries Ltd., Tata Consultancy Services Ltd., and HDFC Bank Ltd. among others. Axis Bluechip Fund can be purchased directly from the website of the fund house, Axis Mutual Fund, or through platforms like MF Central and MF Utility. It is important to note that this fund carries a Very High risk rating according to SEBI's Riskometer, and investors should be prepared for potential losses.

How to invest in Axis Bluechip Fund online

Investing in the Axis Bluechip Fund can be done online through the website of the fund house, Axis Mutual Fund. You can also use platforms like MF Central and MF Utility. Here is a step-by-step guide to investing in the Axis Bluechip Fund online:

• Visit the Axis Mutual Fund website.
• Click on the 'Invest Now' button.
• Enter your email address and choose between a one-time investment or starting a Systematic Investment Plan (SIP). Enter the amount.
• Provide further details, including the bank account from which the payment will be made.
• Confirm the investment.

If you prefer not to invest online, you can seek help from a mutual fund distributor, such as a bank.

Important considerations before investing

The Axis Bluechip Fund is a large-cap fund that has been in existence since 2013. It aims to generate long-term capital growth by investing in a diversified portfolio of equity and equity-related instruments of large-cap companies. The fund has a very high risk rating and is suitable for investors who are prepared for the possibility of moderate losses. The fund has an expense ratio of 1.56%, and short-term and long-term capital gains tax will apply, depending on the holding period.

How to invest in Axis Bluechip Fund offline

To invest in the Axis Bluechip Fund offline, you can do so by purchasing it directly from the website of the fund house, Axis Mutual Fund. You can also buy mutual funds offline through platforms like MF Central and MF Utility, or with the help of a mutual fund distributor, such as a bank.

Before investing in the Axis Bluechip Fund, it is important to note that it is a large-cap fund, which means it invests in big companies. These funds tend to fall less when stock prices fall, making them more suited to conservative investors. The fund has a majority of its investments in financial, services, technology, automobile, and energy sectors. It has a very high risk, and investors should only invest in this fund if they are willing to invest for at least five years.

The expense ratio of the Axis Bluechip Fund is 1.56%, which means that for every Rs. 10000 invested, Rs. 156 will be charged as fees. The fund has generated average annual returns of 15.88% since its inception and has doubled the money invested every four years.

As of October 2024, the Net Asset Value (NAV) of the Axis Bluechip Fund is Rs. 69.59. The fund has approximately Rs. 35,452 crores worth of assets under management and is considered a medium-sized fund in its category.

Axis Bluechip Fund's investment objective

The Axis Bluechip Fund is a large-cap mutual fund scheme from Axis Mutual Fund. The fund's investment objective is to generate long-term capital growth by investing in a diversified portfolio of predominantly equity and equity-related instruments of large-cap companies.

The fund aims to provide investors with high returns by investing in a diversified portfolio of the largest 100 stocks listed in the Indian markets, which are expected to be less risky than smaller stocks. The fund has a very high-risk rating according to SEBI's Riskometer, indicating that there is a high risk of negative returns on the investment.

The fund has been in existence for over 11 years and has delivered average annual returns of around 15% since its inception. The expense ratio of the fund is 0.67% for the direct plan and 1.56% for the regular plan, which is lower than what most other large-cap funds charge. The Net Asset Value (NAV) of the fund as of October 4, 2024, was 69.59.

The fund's top holdings include investments in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Tata Consultancy Services Ltd., and Bajaj Finance Ltd. The fund's portfolio is largely conservative, with most holdings in large-cap stocks and debt instruments. The fund has invested the majority of its money in the Financial, Services, Technology, Automobile, and Energy sectors.

Axis Bluechip Fund's risk level

The Axis Bluechip Fund is considered a Large Cap Fund, which means it selects stocks for investment from the 100 largest stocks listed on the Indian market. These larger stocks are expected to be less risky than smaller stocks, which may have higher growth potential. The fund has 96.3% of its investments in domestic equities, with 73.12% in Large Cap stocks and 7.24% in Mid Cap stocks.

The fund is suitable for investors who are looking to invest money for at least 3-4 years and are seeking high returns. However, investors should also be prepared for the possibility of moderate losses in their investments. The fund has delivered average annual returns of 15.88% since its inception in 2013 and has doubled the money invested every 4 years.

The fund's risk level is considered "Very High" according to SEBI's Riskometer. This means that while there is a potential for high returns, there is also a significant risk of negative returns on your investment. The fund's ability to deliver consistent returns is lower than most funds in its category, and its ability to control losses in a falling market is low.

The fund's top holdings include investments in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Tata Consultancy Services Ltd., and Bajaj Finance Ltd.

Axis Bluechip Fund's returns

Axis Bluechip Fund is a Large Cap mutual fund scheme from Axis Mutual Fund. The fund has been in existence for 11 years and 9 months, having been launched on 1 January 2013. The fund has an expense ratio of 0.67%, which is lower than what most other Large Cap funds charge.

The Axis Bluechip Fund has generated average annual returns of 15.88% to 15.89% since its inception. The fund has doubled the money invested in it every four years. The fund's returns of the last 1-year are 32.65%.

The fund's ability to deliver returns consistently is lower than most funds in its category. Its ability to control losses in a falling market is low. The fund's portfolio is largely conservative, with holdings mostly in Large Cap stocks and debt instruments.

The fund's top holdings are in HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., Tata Consultancy Services Ltd., and Bajaj Finance Ltd. The fund has invested the majority of its money in the Financial, Services, Technology, Automobile, and Energy sectors.

Frequently asked questions