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5 star

Axis Bluechip Fund - Direct Plan


Equity: Large Cap

1 Lakh

Investment Grown to
₹ 1.54 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.76 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 0.78 0.24 -1.62 -2.01 -0.28 21.93 47.24 15.37 17.09 16.40 --
S&P BSE 100 TRI 5.31 0.35 -1.61 -1.87 1.74 25.98 63.83 12.06 14.69 13.53 --
Equity: Large Cap 5.23 0.46 -1.59 -1.71 1.60 25.71 57.33 11.06 13.79 13.77 --
Rank within category 70 60 48 43 64 62 62 2 2 3 --
Number of funds in category 71 75 74 73 71 69 65 55 49 49 0

As on 16-Apr-2021

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
5 star
Jan-13 47.24 15.37 17.09 0.49 24,598
Mirae Asset Large Cap Fund - Direct Plan  | Invest Online
5 star
Jan-13 59.21 12.77 16.44 0.52 23,762
UTI Mastershare Fund - Direct Plan  | Invest Online
4 star
Jan-13 60.26 12.34 14.20 1.01 7,739
UTI Nifty Index Fund - Direct Plan  | Invest Online
4 star
Jan-13 63.85 12.59 14.29 0.10 3,592
Kotak Bluechip Fund - Direct Plan  | Invest Online
4 star
Jan-13 64.14 13.03 14.46 0.92 2,357

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 28.15 24-Sep-2020 - 24-Dec-2020 -27.15 23-Dec-2019 - 23-Mar-2020
Year 68.25 23-Mar-2020 - 23-Mar-2021 -15.35 27-Feb-2015 - 29-Feb-2016

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 18.08 18.43 0.74 0.85 0.79 4.99
S&P BSE 100 TRI 15.42 22.05 0.50 0.59 -- --
Equity: Large Cap 14.41 21.48 0.47 0.55 0.96 -0.55
Rank within category 2 2 2 2 2 2
Number of funds in category 56 56 56 56 56 56

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

As on 31-Mar-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 32
Top 10 Stocks (%) 66.22
Top 5 Stocks (%) 42.10
Top 3 Sectors (%) 63.24
Portfolio P/B Ratio 5.29
Portfolio P/E Ratio 39.78

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 3,43,047 2,57,294
Giant (%) 85.69 65.82
Large (%) 13.83 25.95
Mid (%) 0.48 10.27
Small (%) -- 1.85
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 Infosys Technology 29.78 10.06 1.48 9.51
equal HDFC Bank Financial 25.67 10.94 6.06 9.36
equal Bajaj Finance Financial 69.18 10.38 4.36 8.69
up Tata Consultancy Services Technology 36.95 9.05 2.30 7.40
up Kotak Mahindra Bank Financial 37.60 9.46 4.74 7.14
up ICICI Bank Financial 26.57 8.05 0.00 6.28
up Avenue Supermarts Services 197.63 7.41 2.45 5.60
equal HDFC Financial 26.52 6.82 1.28 5.29
down Reliance Industries Energy 30.95 8.33 0.89 4.22
equal Hindustan Unilever FMCG 78.81 5.27 1.49 2.73
equal Divi's Laboratories Healthcare 54.27 3.03 0.00 2.52
up Ultratech Cement Construction 28.27 2.36 0.00 2.36
down Nestle India FMCG 79.81 4.59 0.00 2.30
equal Asian Paints Chemicals 93.02 4.24 1.32 2.18
equal Maruti Suzuki India Automobile 44.92 6.80 0.00 2.18
equal Pidilite Industries Chemicals 94.30 2.55 0.60 1.85
up Motherson Sumi Systems Automobile 131.50 2.04 0.00 1.70
down Bharti Airtel Communication -- 5.50 0.00 1.66
equal Shree Cement Construction 54.94 1.59 0.00 1.59
equal Cipla Healthcare 33.83 2.36 0.00 1.49
down Wipro Technology 23.79 1.83 0.00 1.25
equal Titan Company Cons Durable 182.19 3.45 0.78 1.05
equal HDFC Life Insurance Financial 103.17 1.82 0.00 0.95
equal Dr. Reddy's Lab Healthcare 37.41 3.21 0.00 0.84
equal Mahindra & Mahindra Automobile -- 3.03 0.00 0.65

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-Mar-2021

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:


0.24%

Change from previous, NAV as on 16-Apr-2021

Growth: ₹ 42.4800

IDCW: ₹ 19.8100


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
Lock-in Period Not Applicable
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: 16.15%
Benchmark: NIFTY 50 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 24,598 Cr (As on 31-Mar-2021)
Expense: 0.49% (As on 31-Mar-2021)
Risk Grade: Low
Return Grade: High
Turnover: 57.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Mar-20211.0000

 11-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

Upcoming Video

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How to optimise returns with measured risk

DateFriday, 23-Apr-2021
Time12:30 PM - 01:00 PM