December 7, 2023
mayank
Axis Bluechip Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 56.2200
NAV IDCW: Rs 24.1000
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns of fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a fund that invests in big companies. Compared to those that invest in smaller companies, such funds tend to fall less when stock prices fall. Therefore, they are more suited to conservative equity investors.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
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.
Fund Manager:
1) Ashish Naik
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
2) Shreyash Devalkar
Education: Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University
Experience: Prior to joining Axis Mutual Fund he has worked with BNP Paribas Mutual Fund as a Fund Manager, IDFC Capital, JP Morgan Services India and Calyon Bank.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 365 days |
Basic Details of Axis Bluechip Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 14.93% |
| Benchmark | S&P BSE 100 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 30,734 Cr |
| (As on 31-Oct-2023) | |
| Expense | 0.63% |
| (As on 31-Oct-2023) | |
| Risk Grade | Average |
| Return Grade | Low |
| Turnover | 31.00% |
Axis Bluechip Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Bluechip Dir | 14.52 | 0.63 | 7.04 | 6.96 | 12.15 | 11.55 | 12.41 | 14.80 | 16.39 | 15.25 |
| S&P BSE 100 TRI | 18.49 | 0.42 | 8.07 | 7.24 | 14.18 | 14.96 | 18.72 | 16.24 | 15.93 | 14.69 |
| Equity: Large Cap | 20.82 | 0.49 | 9.04 | 8.67 | 16.42 | 17.20 | 18.44 | 15.91 | 15.16 | 14.70 |
| Rank within category | 95 | 21 | 95 | 57 | 85 | 95 | 62 | 45 | 7 | 17 |
| Number of funds in category | 95 | 100 | 99 | 99 | 96 | 95 | 62 | 52 | 45 | 45 |
Peer Comparison of Axis Bluechip Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Bluechip Dir | 2 star | 11.55 | 12.41 | 14.80 | 0.63 | 30,734 | 14.93 | 1.00 (365) | 10Y 11M | 31.00 |
| ICICI Pru Bluechip Dir | 5 star | 20.70 | 21.79 | 17.69 | 1.01 | 41,269 | 15.85 | 1.00 (365) | 10Y 11M | 23.00 |
| SBI Bluechip Dir | 4 star | 16.64 | 18.62 | 16.83 | 0.88 | 38,598 | 15.67 | 1.00 (365) | 10Y 11M | 18.00 |
| Mirae Asset Large Cap Dir | 4 star | 13.41 | 17.41 | 15.85 | 0.56 | 34,377 | 16.79 | 1.00 (365) | 10Y 11M | 25.00 |
| HDFC Top 100 Dir | 4 star | 22.80 | 23.51 | 16.67 | 1.11 | 25,773 | 14.52 | 1.00 (365) | 10Y 11M | 14.99 |
Portfolio Analysis of Axis Bluechip Fund
| No. of Stocks | 39 |
| Top 10 Stocks | 55.43% |
| Top 5 Stocks | 36.47% |
| Top 3 Sectors | 53.37% |
| Portfolio P/B Ratio | 4.53 |
| Portfolio P/E Ratio | 28.50 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,69,619 | 2,91,044 |
| Giant (%) | 88.55 | 65.58 |
| Large (%) | 11.45 | 29.42 |
| Mid (%) | 0.00 | 5.58 |
| Small (%) | — | 2.47 |
| Tiny (%) | — | — |
How to Invest in Axis Bluechip Fund?
Chanakya’s Mutual Fund Guidance For Axis Bluechip Fund
Do not invest in this, or any other large-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
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