Axis Bluechip Fund Dividend is a Equity Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 05 Jan 2010. Shreyash Devalkar is the Current Fund Manager of Axis Bluechip Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹7,005 Cr and the Latest NAV as of 20 Sep 2019 is ₹16.01.
The Axis Bluechip Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 1000. 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
To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities including derivatives. Howerver, there can be no assurance that the investment objective of the scheme will be achieved.
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.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹100
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 12 months
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