FAQ : Axis Bluechip Fund - Growth - Direct Plan

Axis Bluechip Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 28.79 11.58 14.27 13.03
Average Rolling Returns(%) 15.11 14.85 13.76 13.54

The Current NAV of Axis Bluechip Fund - Growth - Direct Plan is ₹67.39.

Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

Axis Bluechip Fund - Growth - Direct Plan fund’s expense ratio is 0.67%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Axis Bluechip Fund - Growth - Direct Plan is currently ₹34,520 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 24% of its portfolio. Top 5 and 10 stocks of fund account for 35% and 55% of fund’s portfolio respectively.

Top three sectors of Axis Bluechip Fund - Growth - Direct Plan fund are BFSI, Auto and IT accounting for 51% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - Large Cap Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Axis Bluechip Fund - Growth - Direct Plan Fund is Equity - Large Cap Fund.

Shreyash Devalkar and Ashish Naik manage the Axis Bluechip Fund - Growth - Direct Plan Fund.

Axis Bluechip Fund - Growth - Direct Plan current PE ratio is 48.26 and PB ratio is 10.19

The asset allocation of Axis Bluechip Fund - Growth - Direct Plan is Stocks : 96.21%, Debt : 3.05% and Gold : 0.73%

The minimum SIP amount for Axis Bluechip Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Axis Bluechip Fund - Growth - Direct Plan is Nil for 10% of investments and 1% for remaining investments on or before 12 months, Nil after 12 months

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.