• Mutual Funds
  • Axis Mutual Fund
  • Axis Bluechip Fund (Growth)

Formerly Axis Equity Gr

Axis Mutual Fund

Axis Bluechip Fund (Growth)

EquityLarge Cap

Recommended

Top Ranked

45.99

NAV (Dec 03)

20%
5 Year CAGR
Scripbox Opinion

Recommended

Axis Bluechip Fund (Growth) is recommended for investment within large cap mutual funds.

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

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

Relative Size

33,967 Cr. Category leader in size

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Good. The historical performance of the fund has been good

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    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    No Lock-in
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    Grow Wealth , Retirement , Kid's Education

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Historical NAV

45.99

NAV (Dec 3)

Fund Returns

Last 1Y

28.6%

Last 3Y

19.6%

Last 5Y

20%

Last 10Y

16.6%

Since Inception

13.7%

6 Month CAGR

11.2%

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Scheme Information

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Very High Risk

Expense Ratio

1.64

Launched (11y ago)

Jan 05, 2010

AUM in Crores

33966.752

ISIN

INF846K01164

Lock-in

No Lock-in

Benchmark

S&P BSE 100 India TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Hitesh Das

Fund Manager

user-avatar

Shreyash Devalkar

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 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.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
    Inflation beating returns
  • Grow Wealth , Retirement , Kid's Education
    Grow Wealth , Retirement , Kid's Education
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
SBI Focused Equity Fund (G)

SBI Focused Equity Fund (G)

₹ 21,676 cr

5

₹ 5,381 cr

5

₹ 5,380 cr

5

₹ 4,084 cr

5

₹ 3,456 cr

5

amc-icon

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 255,984 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

  • tel-amc-about
    022-43255161
  • mail-amc-about
    customerservice@axismf.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.8%

    7.2%

    19.6%

    13.7%

    26.3%

    19.7%

    4.3%

    6.8%

    3.6%

    5.2%

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Grow Wealth , Retirement , Kid's Education
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Parag Parikh Flexi Cap fund (Growth)

    Parag Parikh Flexi Cap fund (Growth)

    Equity

    Diversified

    Mirae Asset Large Cap Fund (Growth)

    Mirae Asset Large Cap Fund (Growth)

    Equity

    Large Cap

    Axis Bluechip Fund (Growth)

    Axis Bluechip Fund (Growth)

    Equity

    Large Cap

    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    TRUST

    1. 4100+Crores
    2. 2500+Cities
    3. 7200+Customers are millionaires
    We thrive on trust.

    We match your objectives to the right portfolio. World-class wealth management using science, data and technology, leveraged by our experience, and human touch. Get started with your wealth creation without worry.

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    Investing has helped me dream bigger for my life
    Dr. Shraddha BahirwaniSr. Dental Consultant

    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?

    Scripbox uses time-tested principles, historical data, and valid assumptions about asset classes. We combine them with a rigorous process to finalize which asset classes make the most sense for specific types of objectives, considering the time needed to achieve them.

    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:

    • Track record of the product – how long has it been around?
    • Assets under management – how big is it – for example, the size of a mutual fund
    • Liquidity – how easy is it to move in or out of the product?
    • Consistency of performance – how much have the returns fluctuated?
    • The risk associated with the product – what risks impact the product?
    • Quality of underlying assets – we assess how risky the underlying assets are – for example, by considering bond ratings in the case of debt funds

    With such a scientific and detailed approach Scripbox ensures:

    • Bias free product selection – commissions don’t sway our decisions
    • Minimal human intervention and thus minimal impact of emotions and behavioral biases
    • Consideration of the maximum number of factors that can impact an investment product
    • Application of logic to investment product selection 

    Our investment product selection science helps us help you, without biases clouding the evaluation.

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    Mirae Asset Tax Saver FundICICI Prudential Savings Fund
    Axis Liquid FundParag Parikh Long Term Equity Fund
    DSP US Flexible Equity FundReliance Liquid Fund Growth Plan
    UTI Nifty Index FundAxis Midcap Fund Growth
    HDFC Index FundMirae Asset Large Cap Fund
    SBI Ultra Short Term FundTata Liquid Fund
    Canara Robeco Equity Tax SaverNippon India Growth Fund

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