| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.70% |
| NAV | ₹15.44 (29 Oct 2020) |
|---|---|
| Fund Started | 05 Jan 2010 |
| Fund Size | ₹17,270 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.8% |
| HDFC Bank Ltd. | Financial | Equity | 9.6% |
| Reliance Industries Ltd. | Energy | Equity | 8.3% |
| Bajaj Finance Ltd. | Financial | Equity | 7.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.5% |
| Avenue Supermarts Ltd. | Services | Equity | 4.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| Nestle India Ltd. | FMCG | Equity | 3.9% |
| ICICI Bank Ltd. | Financial | Equity | 3.4% |
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 ₹17,270 Cr and the Latest NAV as of 29 Oct 2020 is ₹15.44.
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
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.
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.