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  • Axis Mutual Fund
  • Axis Bluechip Fund (Growth)

Formerly Axis Equity Gr

Axis Mutual Fund

Axis Bluechip Fund (Growth)

EquityLarge Cap

Top Ranked

40.2

NAV (May 20)

13.1%
5 Year CAGR
Scripbox Opinion

Top Ranked

Axis Bluechip Fund (Growth) is a good choice within large cap mutual funds.

Scripbox recommends other funds for investment in large cap.

Click here to see our recommendations.

Large cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fundLearn how we rate funds ->

Track Record

12 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

34,909 Cr. Category leader in size

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Consistently Good. The fund has performed well consistently over a period of time

Scripbox Recommended Large Cap Funds

Want the large cap equity funds that are right for your long term equity investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

40.2

NAV (May 20)

Fund Returns

Last 1Y

1.9%

Last 3Y

11%

Last 5Y

13.1%

Last 10Y

15.2%

Since Inception

11.9%

6 Month CAGR

-15.8%

Scheme Information

Investment Objective

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However,there can be no assurance that the investment objective of the Scheme will be achieved.

Expense Ratio

1.63

Launched (12y ago)

Jan 05, 2010

AUM in Crores

34908.925

ISIN

INF846K01164

Lock-in

No Lock-in

Benchmark

S&P BSE 100 India TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Shreyash Devalkar

Fund Manager

Hitesh Das

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-05-20

Top Stock Holdings

icici bank ltd

9.5%
9.5%

bajaj finance ltd

9.3%
9.3%

clearing corporation of india ltd

8.9%
8.9%

infosys ltd

7.8%
7.8%

avenue supermarts ltd

7%
7%
See all holdings
allocation by market cap

Allocation by Sector

financial services

36.4%
36.4%

technology

15.7%
15.7%

consumer defensive

8.8%
8.8%

basic materials

7.7%
7.7%

healthcare

6.6%
6.6%
See all sectors

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Nippon India Value Fund (G)
Nippon India Value Fund (G)

₹ 4,388 cr

5

₹ 13,113 cr

5

₹ 13,113 cr

5

₹ 4,388 cr

5

₹ 4,388 cr

5

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 258,090 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 30 equity,101 debt and 35 hybrid funds.

amc-img

  • 022-43255161
  • customerservice@axismf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.2%

    7%

    6.7%

    7.6%

    16.5%

    4.3%

    11%

    11.9%

    5.8%

    7.2%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Axis Bluechip Fund-Growth is an open-ended large-cap equity mutual fund scheme. It predominantly invests in large-cap stocks and aims to achieve long-term capital appreciation. The fund was previously known as Axis Equity Growth. It aims to outperform the benchmark with risk lower than the benchmark. Axis Asset Management Company Limited manages the fund with the fund manager being Hitesh Das and Shreyash Devalkar.

    Axis Bluechip Fund (G) Investment Objective

    To achieve long-term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity-related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized. The Axis Bluechip Fund aims to outperform the benchmark with risk lower than the benchmark.

    Axis Bluechip Fund (G) Scheme Details

    The scheme was launched on 5th January 2010 and it has been in existence for the past 11 years. It continues to provide inflation-beating growth over the long term.

    NAV and Returns– As of 22nd June 2021, the NAV of the fund is Rs 41.9. Axis Bluechip Fund is an 11-year-old fund and has delivered a return of 13.30% since its inception.

    Minimum Investment– The fund requires a minimum SIP investment of Rs 1000 and a minimum lump sum investment of Rs 5000

    Expense Ratio and Exit Load– The expense ratio for the fund is 1.70%. An exit load of 1% for units in excess of 10% of the investment for any redemption within 12 months. No exit load is charged if the redemption is done after 12 months.

    Fund Manager– The fund is managed by Mr. Hitesh Das and Mr. Shreyash Devalkar. Mr. Shreyash Devalkar has been managing the fund since 23rd November 2016. He possesses experience of 17 years. Mr. Hitesh Das posses over 9 years of experience in financial markets

    Other Details– No lock-in period for the scheme, you can redeem your investment anytime. The AUM of Axis Bluechip Fund as of 22nd June 2021 is Rs 27,143 cr. The fund benchmarks to IISL Nifty 50 TR INR.

    1 Year Return50.30%
    3 Years Return15.70%
    5 Years Return16.50%
    10 Years Return14.60%
    Returns Updated as of 22nd June 2021

    Axis Bluechip Fund (G) Top Stock Holdings

    The Axis Bluechip Fund-Growth has invested its assets majorly in the stocks of the following companies:

    CompanyPercentage of Holding (As of 22nd June 2021)
    HDFC Bank Ltd9.20%
    Infosys Ltd8.90%
    Bajaj Finance Ltd8.60%
    ICICI Bank Ltd7.70%
    Tata Consultancy Services Ltd7.10%
    Kotak Mahindra Bank Ltd6.60%
    Avenue Supermarts Ltd5.70%
    Reliance Industries Ltd SHS Dematerialised5.20%

    Asset Allocation of Axis Bluechip Fund (G)

    The Axis Bluechip Fund-Growth has invested in the following sectors:

    SectorPercentage of Holding (As of 22nd June 2021)
    Financial Services40.01%
    Technology17.60%
    Consumer Defensive11.10%
    Basic Materials8.80%
    Healthcare6%
    Consumer Cyclical5.90%
    Energy5.20%

    Axis Bluechip Fund (G) Review

    Scripbox recommends Axis Bluechip Fund-Growth for investment within large-cap mutual funds. Large-cap mutual funds provide inflation-beating growth over the long term. These funds are suitable for an investment objective with an investment duration of 10-15 years.

    1. The fund has an extended history of 11 years for analysis. Track record is excellent.
    2. With an AUM or relative size of Rs 27,143 cr, the fund is a category leader.
    3. The scheme has performed well consistently over a period of time and the returns earned are similar to other funds in the same category of mutual funds.
    4. Very low impact of interest rate changes on the fund. In a way, the scheme has proven to be dependable under the large-cap mutual fund category

    How Scripbox Algorithmically Selects Mutual Funds?

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    Once we select an asset class, our algorithm goes to work to select the best financial products.

    The algorithm scores financial products on multiple parameters, giving relevant weights to each of the listed parameters, such as:

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    • Liquidity – how easy is it to move in or out of the product?
    • Consistency of performance – how much have the returns fluctuated?
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    Our investment product selection science helps us help you, without biases clouding the evaluation.

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