FAQ : Axis Bluechip Fund - Regular Plan - Growth

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) 22.16 12.02 13.87 10.99
Average Rolling Returns(%) 14.45 14.96 13.73 13.65

The Current NAV of Axis Bluechip Fund - Regular Plan - Growth is ₹52.60.

Funds returns likely to be fairly different than its benchmark NIFTY 100 , as Funds portfolio is somewhat different.

Axis Bluechip Fund - Regular Plan - Growth fund’s expense ratio is 1.55%

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 - Regular Plan - Growth is currently ₹32,675 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and Reliance Industries and account for 21% of its portfolio. Top 5 and 10 stocks of fund account for 33% and 54% of fund’s portfolio respectively.

Top three sectors of Axis Bluechip Fund - Regular Plan - Growth fund are BFSI, IT and Construction & Infrastructure accounting for 53% 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 - Regular Plan - Growth Fund is Equity - Large Cap Fund.

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

Axis Bluechip Fund - Regular Plan - Growth current PE ratio is 46.34 and PB ratio is 8.91

The asset allocation of Axis Bluechip Fund - Regular Plan - Growth is Stocks : 97.86%, Debt : 1.44% and Gold : 0.70%

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

The exit load for Axis Bluechip Fund - Regular Plan - Growth 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.