Fund Details
Axis Bluechip Fund Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.82% |
| NAV | ₹38.53 (16 Apr 2021) |
|---|---|
| Fund Started | 05 Jan 2010 |
| Fund Size | ₹24,598 Cr |
Returns
Comparison
1. Age is more than 10 years
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
1. Asset under management(AUM) is more than 15000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Infosys Ltd. | Technology | Equity | 9.5% |
| HDFC Bank Ltd. | Financial | Equity | 9.4% |
| Bajaj Finance Ltd. | Financial | Equity | 8.7% |
| Tata Consultancy Services Ltd. | Technology | Equity | 7.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.1% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Avenue Supermarts Ltd. | Services | Equity | 5.6% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.3% |
| Reliance Industries Ltd. | Energy | Equity | 4.2% |
| Hindustan Unilever Ltd. | FMCG | Equity | 2.7% |
Fund Managers
Axis Bluechip Fund Growth Details
Axis Bluechip Fund Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹24,598 Cr and the Latest NAV as of 16 Apr 2021 is ₹38.53.
The Axis Bluechip Fund Growth is rated Very 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.
