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5 star

Axis Bluechip Fund


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.32 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.89 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other large cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -7.05 1.09 3.83 4.97 13.66 -5.76 -0.69 9.67 8.59 12.96 10.79
S&P BSE 100 TRI -10.34 0.39 4.73 6.39 23.05 -9.49 -7.44 4.13 6.16 10.78 8.75
Equity: Large Cap -9.99 0.37 4.16 5.57 20.93 -9.19 -6.96 3.72 5.31 10.41 8.35
Rank within category 23 2 81 76 109 13 7 1 1 4 3
Number of funds in category 111 114 114 114 112 111 107 87 68 62 48

As on 07-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Bluechip Fund  | Invest Online
5 star
Jan-10 -0.69 9.67 8.59 1.79 13,003
ICICI Prudential Bluechip Fund  | Invest Now
4 star
May-08 -8.18 3.05 5.95 1.73 21,766
Mirae Asset Large Cap Fund - Regular Plan  | Invest Online
5 star
Apr-08 -6.83 4.16 7.87 1.72 15,175
UTI Nifty Index Fund - Regular Plan  | Invest Online
4 star
Mar-00 -7.91 4.68 5.79 0.17 2,147
HDFC Index Fund Nifty 50 Plan  | Invest Online
4 star
Jul-02 -8.24 4.50 5.61 0.30 1,621

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.21 (19-Sep-2019 - 26-Sep-2019) -15.60 (11-Mar-2020 - 18-Mar-2020)
Month 17.09 (07-May-2014 - 06-Jun-2014) -29.76 (20-Feb-2020 - 23-Mar-2020)
Quarter 25.04 (21-Feb-2014 - 23-May-2014) -27.35 (23-Dec-2019 - 23-Mar-2020)
Year 54.97 (28-Jan-2014 - 28-Jan-2015) -22.21 (31-Dec-2010 - 02-Jan-2012)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.92 16.73 0.28 0.30 0.75 4.58
S&P BSE 100 TRI 5.34 20.93 0.00 0.00 -- --
Equity: Large Cap 4.80 20.27 -0.02 -0.03 0.95 -0.55
Rank within category 1 3 1 4 6 1
Number of funds in category 86 86 86 86 86 86

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 23
Top 10 Stocks (%) 54.80
Top 5 Stocks (%) 31.41
Top 3 Sectors (%) 48.28
Portfolio P/B Ratio 4.37
Portfolio P/E Ratio 29.40

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,31,287 1,76,859
Giant (%) 86.03 66.23
Large (%) 13.97 23.42
Mid (%) -- 9.88
Small (%) -- 1.60
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 22.46 10.38 6.06 7.21
equal Avenue Supermarts Services 116.50 7.41 2.20 6.50
up Infosys Technology 20.06 8.71 0.00 6.15
equal Kotak Mahindra Bank Financial 31.47 9.46 4.74 6.05
up Bharti Airtel Communication -- 5.50 0.00 5.50
up Tata Consultancy Services Technology 26.11 9.05 0.00 5.22
up Reliance Industries Energy 31.07 7.69 0.00 4.86
down ICICI Bank Financial 25.29 8.05 0.00 4.57
up Nestle India FMCG 80.49 4.59 0.00 4.38
up Bajaj Finance Financial 37.51 9.13 0.00 4.36
up Hindustan Unilever FMCG 75.33 5.27 0.00 4.18
down Asian Paints Chemicals 61.26 4.46 1.32 3.37
up Divi's Laboratories Healthcare 41.47 2.89 0.00 2.89
up Dr. Reddy's Lab Healthcare 32.14 2.32 0.00 2.32
down HDFC Financial 15.30 7.36 2.16 2.16
down Maruti Suzuki India Automobile 32.61 8.61 0.00 1.68
down Titan Company Cons Durable 59.43 3.45 0.00 1.49
equal HDFC Life Insurance Financial -- 1.43 0.00 1.43
equal Pidilite Industries Chemicals 63.26 2.55 0.00 1.32
up Torrent Pharmaceuticals Healthcare 38.91 1.28 0.00 1.28
new Cipla Healthcare 33.37 1.03 0.00 1.03
down Ultratech Cement Construction 18.83 2.07 0.00 1.02
up ICICI Lombard General Insurance Company Financial 48.54 0.82 0.00 0.82

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2020

Fund Manager

— Shreyash Devalkar since 23-Nov-2016

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.

Interviews:

Funds Managed:


1.09%

Change from previous, NAV as on 07-Jul-2020

Growth: ₹ 29.7900

Dividend: ₹ 14.2900


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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 05-Jan-2010
Return Since Launch: 10.95%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 13,003 Cr (As on 31-May-2020)
Expense: 1.79% (As on 31-May-2020)
Risk Grade: Low
Return Grade: High
Turnover: 97.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend11-Mar-20201.3281

 14-Mar-20191.3281
 15-Mar-20182.0000
 21-Mar-20171.1500
 10-Mar-20161.0000
 05-Mar-20151.0000
 18-Mar-20141.0000
 04-Feb-20131.2000

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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