Fund Details
Axis Bluechip Fund Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.78% |
| NAV | ₹18.38 (25 Jan 2021) |
|---|---|
| Fund Started | 05 Jan 2010 |
| Fund Size | ₹22,517 Cr |
Returns
Comparison
1. Risk is lower compared to the benchmark
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
5. 1Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
2. 1Y Returns are lower than the benchmark
3. 3Y Returns are lower than the benchmark
4. 5Y Returns are lower than the benchmark
5. 10Y Returns are lower than the benchmark
6. Asset under management(AUM) is more than 15000 Crs. Returns tend to go low once AUM exceeds a certain amount
7. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.7% |
| Bajaj Finance Ltd. | Financial | Equity | 9.6% |
| Infosys Ltd. | Technology | Equity | 8.9% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.5% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.3% |
| ICICI Bank Ltd. | Financial | Equity | 6.1% |
| Reliance Industries Ltd. | Energy | Equity | 5.6% |
| Avenue Supermarts Ltd. | Services | Equity | 5.5% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.7% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.3% |
Fund Managers
Axis Bluechip Fund Dividend Details
Axis Bluechip Fund Dividend is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 05 Jan 2010. Shreyash Devalkar is the Current Fund Manager of Axis Bluechip Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹22,517 Cr and the Latest NAV as of 25 Jan 2021 is ₹18.38.
The Axis Bluechip Fund Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
Investment Objective
The scheme aims to generate long term capital growth by investing in a diversified portfolio predominantly consisting of equity & equity related instruments of large cap companies.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
