Axis Bluechip Fund

The Axis Bluechip Fund - Direct Growth is a renowned mutual fund investment option managed by Axis Asset Management Company (AMC). The current Assets Under Management (AUM) under this fund are Rs. 32,153 crores as of October 2023. The Axis Bluechip Fund (Direct Growth) aims to provide you with long-term capital appreciation by primarily investing in a diversified portfolio of large-cap equities. Axis Bluechip Fund is a popular choice among investors seeking a blend of stability and growth in the Indian stock market.

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About Axis Bluechip Fund

Axis Bluechip Fund is an open-ended large-cap equity fund offered by Axis Mutual Fund House since 02 January 2013.

It invests at least 80% of its assets in large-cap stocks, which are the stocks of the largest and most established companies in India.

The Axis Bluechip Fund is ideal for investors who seek high returns over a 3 to 4 - year investment horizon and who are willing to accept moderate risk.

Investment Return Calculator (Power of Compounding)
  • One Time
  • Monthly
  • Yearly

Invest For (in Years)

1 30

Stay invested for (in Years)

1 30

Expected rate of return (in %)

1 35
 
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YOU GET
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Overview of Axis Bluechip Fund

Particulars Details
Fund Name Axis Bluechip Fund
Fund House Axis Mutual Fund House
Launched On 02 January 2013
Asset Under Management (AUM) Rs. 32,153 Crores
Benchmark Index S&P BSE 100 TRI
Risk Category Moderate to High Risk
Investment Objective To grow capital over the long term by investing mainly in large-cap stocks, including derivatives, within a diversified portfolio. However, it is important to note that there are no guarantees of achieving this investment objective.
Fund Options
  • Axis Bluechip Fund - Regular Growth Plan
  • Axis Bluechip Fund - Direct Growth Plan
Net Asset Value (as of 09 October 2023)
  • Axis Bluechip Fund (Regular) NAV: Rs. 47.06
  • Axis Bluechip Fund (Direct) NAV: Rs. 53.27
Asset Allocation
  • Equity Assets: 95.32%
  • Debt Funds: 0.84%
  • Other Cash Holdings: 3.84%
Market Cap Allocation
  • Large Cap: 75.56%
  • Mid Cap: 4.93%
  • Small Cap: 0%
Systematic Investment Plan (SIP)  Minimum SIP of Rs. 100
Minimum Lump Sum Investment Amount Rs. 500
Minimum Additional Investment Amount Rs. 100
Lock- in No Lock-in Period
Fund Manager
  • Shreyash Devalkar
  • Ashish Naik
  • Vinayak Jayanath
Expense Ratio
  • 0.62% (as of 31 August 2023)
  • Lower than the category average of 1%
Exit Load
  • If you sell it within 365 days, 1%
  • If exit after 1 year: NIL

Top Holdings of Axis Bluechip Fund 

Name of  Holdings % of Total Holdings
Top 5 Equity Holdings (95.32%)
HDFC Bank Ltd. 9.68%
ICICI Bank Ltd. 9.50%
Bajaj Finance Limited 8.08%
Avenue Supermarts Ltd. 5.78%
Tata Consultancy Services Ltd. 5.34%
Top Debt Holdings (0.84%)
Government of India Securities (G-secs) 0.00%
Treasury Bills (T-Bills) 0.84%
Non-Convertible Debentures (NCDs) & Bonds 0.00%
Other Cash Holdings (3.84%)
TREPS 3.66%
Net Receivables 0.18%

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Top 10 Sector Allocations of Axis Bluechip Fund

Sector % of Total Holdings
Financial 37.20%
Other 13.07%
Technology 10.20%
Services 9.90%
Automobile 9.6%
Construction 8.60%
Consumer Staples 5.70%
Energy 5.10%

Axis Bluechip Fund Returns

Investment Period Annualised Returns
Axis Bluechip Fund – Regular Growth Axis Bluechip Fund – Direct Growth
1-Year 7.71% 8.74%
3-Year 14.14% 15.39%
5-Year 13.37% 14.68%
10-Year 13.94% 15.27%
Returns Since Inception (RSI) 11.92% 14.60%

Documents Required to Invest in Axis Bluechip Fund

The following table shows the list of documents required to invest in the Axis Bluechip Fund:

Documents Required Details
Proof of Identity
  • PAN card
  • Aadhaar card
  • Driving license
  • Passport
  • Voter ID card
Proof of Address
  • Bank statement
  • Electricity bill
  • Telephone bill
Bank Account Details Required if you are investing through a Systematic Investment Plan or SIP
KYC Form This is a form that provides your personal and financial information
  • PAN Card
  • Aadhar Card
  • Passport-size Photographs
NRI/ OCI/ PIOs Documents
  • Overseas Address Proof
  • Valid NRI/ PIO Card
  • Valid Visa
  • NRE/ NRO Account Details

Steps to Invest in Axis Bluechip Fund

You can follow the steps mentioned below to start investing in Axis Bluechip Fund:

Step 1: Choose a Mutual Fund Platform

Choose a broker firm or online platform that is easy to use and has a good track record.

Step 2: Open an Account and Complete Your KYC

You will need to create an account with the mutual fund platform and complete your KYC (Know Your Customer) formalities. This is a mandatory process for all mutual fund investors.

Step 3: Search for Axis Bluechip Fund

Once you have completed your KYC, you can search for Axis Bluechip Fund on the mutual fund platform.

Step 4: Select the Plan and Enter the Amount You Want to Invest

There are two types of plans available for Axis Bluechip Fund: Regular Plan and Direct Plan. The Direct Plan has a lower expense ratio than the Regular Plan.

Step 5: Make the Payment

You can make the payment using your bank account, debit card, or credit card.

Estimate Axis Bluechip Fund with SIP Calculator

To estimate the returns on an investment in Axis Bluechip Fund with SIP, you should consider using any of the following:

  • Policybazaar SIP Calculator

  • Mutual Fund Calculator

Policybazaar provides a fast, easy and hassle-free calculator which takes into account factors to provide an estimate of the potential returns over time. 

The SIP Calculator considers the following information to provide a more accurate estimation of Axis Bluechip returns:

  • SIP amount

  • Investment duration

  • Expected rate of return 

  • Any associated charges

FAQ's

  • Is it good to invest in Axis Bluechip fund Direct Growth?

    The fund has a good track record, having outperformed its benchmark index, the Nifty 50, in 8 out of the last 10 calendar years. It is managed by an experienced team of fund managers and has a lower expense ratio than the category average.
  • Who should invest in Axis Bluechip Fund Direct Growth?

    Axis Bluechip Fund Direct Growth is a good investment for investors who:
    • Have a long-term investment horizon (at least 5 years)

    • Are willing to accept moderate risk

    • Are you looking to invest in a diversified portfolio of large-cap stocks

  • Is it good to invest in the Axis Bluechip fund now?

    Whether or not it is a good time to invest in Axis Bluechip Fund now depends on your individual investment goals and risk tolerance. If you are a long-term investor who is willing to accept moderate risk, then Axis Bluechip Fund could be a good investment for you. However, it is important to remember that no investment is guaranteed, and past performance is not indicative of future results.
  • What is the return of Axis Bluechip fund Growth in 1 year?

    The annualised returns for the past 1 year (as of 09-Oct-2023) are 7.71% for Axis Bluechip Fund Regular Growth and 8.74% for Axis Bluechip Fund Direct Growth.
  • What is the minimum SIP amount of Axis Bluechip fund?

    The minimum SIP amount for Axis Bluechip Fund is ₹100. This means that you can invest a minimum of ₹100 per month in the fund.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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