| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.70% |
| NAV | ₹30.18 (25 Sep 2020) |
|---|---|
| Fund Started | 05 Jan 2010 |
| Fund Size | ₹16,764 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.9% |
| Infosys Ltd. | Technology | Equity | 9.3% |
| Bajaj Finance Ltd. | Financial | Equity | 7.7% |
| Reliance Industries Ltd. | Energy | Equity | 7.6% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 6.4% |
| Tata Consultancy Services Ltd. | Technology | Equity | 6.0% |
| ICICI Bank Ltd. | Financial | Equity | 5.3% |
| Avenue Supermarts Ltd. | Services | Equity | 5.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| Bharti Airtel Ltd. | Communication | Equity | 4.2% |
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 ₹16,764 Cr and the Latest NAV as of 25 Sep 2020 is ₹30.18.
The Axis Bluechip Fund Growth 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.