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5 star

Axis Bluechip Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.39 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.12 Lakh

Suitability:

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. 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -2.93 0.48 3.46 4.29 15.74 -6.27 6.40 11.60 10.27 15.64 --
S&P BSE 100 TRI -5.97 0.62 3.66 5.14 22.36 -5.53 2.77 5.24 6.98 12.34 --
Equity: Large Cap -6.00 0.75 3.36 4.83 20.41 -6.31 2.82 4.62 6.45 12.78 --
Rank within category 13 54 30 57 65 45 9 1 1 4 --
Number of funds in category 65 67 67 67 67 65 62 52 49 49 0

As on 10-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 6.40 11.60 10.27 0.43 15,945
ICICI Prudential Bluechip Fund - Direct Plan  | Invest Now
4 star
Jan-13 1.71 4.46 7.21 1.10 24,246
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.85 6.46 9.40 0.62 17,650
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 7.43 6.16 7.03 1.14 1,627
HDFC Index Fund - Sensex Plan - Direct Plan  | Invest Online
4 star
Jan-13 2.13 7.42 7.38 0.10 1,433

Best & Worst Performance

Best (Period) Worst (Period)
Week 9.22 (19-Sep-2019 - 26-Sep-2019) -15.59 (11-Mar-2020 - 18-Mar-2020)
Month 17.27 (07-May-2014 - 06-Jun-2014) -29.72 (20-Feb-2020 - 23-Mar-2020)
Quarter 25.43 (21-Feb-2014 - 23-May-2014) -27.15 (23-Dec-2019 - 23-Mar-2020)
Year 57.22 (28-Jan-2014 - 28-Jan-2015) -15.35 (27-Feb-2015 - 29-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.05 16.71 0.35 0.37 0.74 5.39
S&P BSE 100 TRI 5.82 21.07 0.03 0.03 -- --
Equity: Large Cap 5.07 20.38 -0.01 -0.01 0.95 -0.71
Rank within category 1 2 1 1 2 1
Number of funds in category 53 53 53 53 53 53

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

As on 31-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 25
Top 10 Stocks (%) 64.76
Top 5 Stocks (%) 40.05
Top 3 Sectors (%) 55.70
Portfolio P/B Ratio 4.87
Portfolio P/E Ratio 32.63

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 2,89,608 2,10,291
Giant (%) 86.42 64.54
Large (%) 13.43 24.60
Mid (%) 0.14 10.38
Small (%) -- 2.87
Tiny (%) -- 0.50

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 Infosys Technology 23.72 10.06 0.00 10.06
up HDFC Bank Financial 20.58 10.38 6.06 9.12
up Reliance Industries Energy 33.96 7.93 0.00 7.93
up Tata Consultancy Services Technology 27.41 9.05 0.00 6.58
down Bajaj Finance Financial 41.41 9.13 2.56 6.36
down Kotak Mahindra Bank Financial 31.72 9.46 4.74 6.12
up Bharti Airtel Communication -- 5.50 0.00 5.46
up Hindustan Unilever FMCG 75.78 5.27 1.49 4.61
down Avenue Supermarts Services 135.71 7.41 2.45 4.48
up Nestle India FMCG 77.37 4.59 0.00 4.04
down ICICI Bank Financial 23.39 8.05 0.00 3.76
down Asian Paints Chemicals 75.68 4.24 1.32 2.58
down Dr. Reddy's Lab Healthcare 39.30 2.62 0.00 2.52
up HDFC Financial 14.43 7.36 1.28 2.48
down Divi's Laboratories Healthcare 52.08 2.92 0.00 2.35
up Maruti Suzuki India Automobile 49.81 8.61 0.00 2.24
down Pidilite Industries Chemicals 82.47 2.55 0.00 1.91
up HDFC Life Insurance Financial 92.97 1.61 0.00 1.61
down Torrent Pharmaceuticals Healthcare 42.98 1.34 0.00 1.28
up Cipla Healthcare 38.11 1.26 0.00 1.26
down Titan Company Cons Durable 113.68 3.45 0.00 1.25
up Ultratech Cement Construction 21.49 2.07 0.00 0.99
up ICICI Lombard General Insurance Company Financial 47.81 0.96 0.00 0.96
new Shree Cement Construction 50.63 2.15 0.00 0.66
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 0.18

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-Jul-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:


0.48%

Change from previous, NAV as on 10-Aug-2020

Growth: ₹ 33.7600

Dividend: ₹ 16.5500


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: 01-Jan-2013
Return Since Launch: 14.22%
Benchmark: NIFTY 50 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 15,945 Cr (As on 31-Jul-2020)
Expense: 0.43% (As on 30-Jun-2020)
Risk Grade: Low
Return Grade: High
Turnover: 99.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend11-Mar-20201.4609

 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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