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(%) 35.2 10.33 15.12 14.38
Average Rolling Returns(%) 15.65 14.72 13.82 13.55

The Current NAV of Axis Bluechip Fund - Regular Plan - Growth is ₹58.97.

Funds returns likely to be fairly different than its benchmark NIFTY 50 , 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 ₹36,109 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Bajaj Finance and account for 22% of its portfolio. Top 5 and 10 stocks of fund account for 32% and 51% of fund’s portfolio respectively.

Top three sectors of Axis Bluechip Fund - Regular Plan - Growth fund are BFSI, IT and Auto 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 - Regular Plan - Growth Fund is Equity - Large Cap Fund.

Shreyash Devalkar and Jayesh Sundar manage the Axis Bluechip Fund - Regular Plan - Growth Fund.

Axis Bluechip Fund - Regular Plan - Growth current PE ratio is 50.51 and PB ratio is 10.58

The asset allocation of Axis Bluechip Fund - Regular Plan - Growth is Stocks : 93.87%, Debt : 5.38% and Gold : 0.76%

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

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