- Home
- Mutual Funds
- AMC
- Axis Mutual Fund
- Axis Bluechip Fund Growth Direct Plan
Axis Bluechip Fund Growth Direct Plan
NAV (Mar 28,2024)
Axis Bluechip Fund - Growth - Direct Plan is a popular mutual fund option in India. With an expense ratio of 0.66, it offers a good value for investors. The fund's PE ratio stands at 47.68, indicating its potential for growth. The PB ratio of 9.14 further highlights its attractiveness. With an established date of 2013, this fund has a track record of delivering consistent returns. The minimum investment required is INR 100, making it accessible to all investors.
Axis Bluechip Fund Growth Direct Plan Latest Trend
- 1M
- 2M
- 3M
Axis Bluechip Fund Growth Direct Plan Latest Trend
Risk Ratios
- P/E Ratio47.68
- P/B Ratio9.14
- Alpha0.01
- Beta0.89
- Sharpe0.18
- Sortino0.31
Fund Overview
0.66%
0%
No Lock-in
₹ 32645.86 Cr
SIP ₹100.00
Scheme Riskometer
Investors understand that their principal will be at
Very High
Investment Return Calculator
as on Mar 29, 2024
Total Invested Amount | 3 Months Absolute Return (In %) | 6 Months Absolute Return (In %) | 1 Year Absolute Return (In %) | 3 Year Absolute Return (In %) | 5 Year Absolute Return (In %) |
---|---|---|---|---|---|
₹ 10,000 | ₹ 10,627.48 (6.27%) | ₹ 11,637.33 (16.37%) | ₹ 13,408.94 (34.09%) | ₹ 14,572.17 (45.72%) | ₹ 20,486.5 (104.86%) |
₹ 30,000 | ₹ 31,882.44 (6.27%) | ₹ 34,911.99 (16.37%) | ₹ 40,226.82 (34.09%) | ₹ 43,716.51 (45.72%) | ₹ 61,459.5 (104.86%) |
₹ 50,000 | ₹ 53,137.4 (6.27%) | ₹ 58,186.65 (16.37%) | ₹ 67,044.7 (34.09%) | ₹ 72,860.85 (45.72%) | ₹ 1,02,432.5 (104.86%) |
₹ 80,000 | ₹ 85,019.84 (6.27%) | ₹ 93,098.64 (16.37%) | ₹ 1,07,271.52 (34.09%) | ₹ 1,16,577.36 (45.72%) | ₹ 1,63,892 (104.86%) |
₹ 1,00,000 | ₹ 1,06,274.8 (6.27%) | ₹ 1,16,373.3 (16.37%) | ₹ 1,34,089.4 (34.09%) | ₹ 1,45,721.7 (45.72%) | ₹ 2,04,865 (104.86%) |
Calculate Your Mutual Fund Returns
Fund Portfolio Allocation
- Holdings
- Sectors
Name
Assets
- ICICI Bank Limited7.64%
- HDFC Bank Limited6.79%
- Reliance Industries Limited6.66%
- Bajaj Finance Limited6.03%
- Tata Consultancy Services Limited5.63%
- Avenue Supermarts Limited5.18%
- Larsen & Toubro Limited4.18%
- Infosys Limited3.71%
- Bharti Airtel Limited3.44%
- Sun Pharmaceutical Industries Limited3.36%
- Tata Motors Limited3.05%
- Nestle India Limited2.76%
- Bajaj Auto Limited2.75%
- UltraTech Cement Limited2.68%
- Titan Company Limited2.55%
- Mahindra & Mahindra Limited2.41%
- Cholamandalam Investment and Finance Company Ltd2.07%
- Bajaj Finserv Limited1.86%
- Kotak Mahindra Bank Limited1.86%
- DLF Limited1.84%
- Info Edge India Limited1.71%
- InterGlobe Aviation Limited1.63%
- Pidilite Industries Limited1.57%
- TVS Motor Company Limited1.49%
- State Bank of India1.44%
- NTPC Limited1.40%
- Zomato Limited1.35%
- Jio Financial Services Limited1.23%
- Apollo Hospitals Enterprise Limited1.16%
- HCL Technologies Limited1.00%
- Coal India Limited0.83%
- Godrej Consumer Products Limited0.80%
- Mankind Pharma Limited0.79%
- The Indian Hotels Company Limited0.72%
- Axis NIFTY ETF0.71%
- Maruti Suzuki India Limited0.68%
- Tata Consumer Products Limited0.62%
- Siemens Limited0.55%
- ICICI Prudential Life Insurance Company Limited0.54%
- SBI Life Insurance Company Limited0.54%
- Cipla Limited0.52%
- Bharat Petroleum Corporation Limited0.49%
- ABB India Limited0.48%
- Clearing Corporation of India Ltd0.44%
- Divi s Laboratories Limited0.30%
- Net Receivables Payables0.22%
- Tata Steel Limited0.17%
- Hindustan Unilever Limited0.15%
- United Spirits Limited0.03%
- Bank - Private16.30%
- IT - Software10.33%
- Finance - NBFC9.33%
- Refineries7.15%
- Retailing5.18%
- Consumer Food2.76%
- Diamond & Jewellery2.55%
- Finance - Investment1.86%
- BPO/ITeS1.71%
- Airlines1.63%
- Chemicals1.57%
- Bank - Public1.44%
- e-Commerce1.35%
- Insurance1.07%
- Electric Equipment1.03%
- Mining & Minerals0.83%
- Miscellaneous0.71%
- Tea/Coffee0.62%
Holdings Analysis
Peer Comparison
Pick your choice with our quick comparitive analysis
- 6M
- 1Y
- 3Y
- 5Y
Mutual Fund Schemes | Category | Risk | Absolute Return (6M) |
Bank of India Bluechip Fund - Regular Plan - Growth | EQUITY | Very High | 23.88% |
Taurus Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 21.15% |
Bandhan Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 17.55% |
Edelweiss Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 14.29% |
Kotak Bluechip Fund - IDCW | EQUITY | Very High | 14.12% |
Canara Robeco Bluechip Equity Fund - Regular Plan - Growth | EQUITY | Very High | 12.79% |
IDBI India Top 100 Equity Fund - Growth | EQUITY | Very High | 12.38% |
Sundaram Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 10.34% |
UTI Large Cap Fund - Regular Plan - IDCW | EQUITY | Very High | 9.96% |
PGIM India Large Cap Fund - Growth | EQUITY | Very High | 9.43% |
Mutual Fund Schemes | Category | Risk | Absolute Return (6Y) |
Baroda BNP Paribas Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 42.00% |
Taurus Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 38.85% |
JM Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 37.06% |
Nippon India Large Cap Fund - Growth | EQUITY | Very High | 36.42% |
ICICI Prudential Bluechip Fund - Growth | EQUITY | Very High | 33.95% |
Bandhan Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 33.26% |
Kotak Bluechip Fund - IDCW | EQUITY | Very High | 25.84% |
Franklin India Bluechip Fund - Growth | EQUITY | Very High | 25.45% |
UTI Large Cap Fund - Regular Plan - IDCW | EQUITY | Very High | 22.90% |
PGIM India Large Cap Fund - Growth | EQUITY | Very High | 21.10% |
Mutual Fund Schemes | Category | Risk | Absolute Return (6Y) |
Nippon India Large Cap Fund - Growth | EQUITY | Very High | 23.00% |
IDBI India Top 100 Equity Fund - Growth | EQUITY | Very High | 22.27% |
HDFC Top 100 Fund - Growth | EQUITY | Very High | 21.38% |
Baroda BNP Paribas Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 18.78% |
Aditya Birla Sun Life Frontline Equity Fund - Growth | EQUITY | Very High | 16.93% |
Union Largecap Fund - Regular Plan - Growth | EQUITY | Very High | 15.04% |
SBI Blue Chip Fund - Regular Plan - Growth | EQUITY | Very High | 14.70% |
UTI Large Cap Fund - Regular Plan - IDCW | EQUITY | Very High | 14.52% |
HSBC Large Cap Fund - Growth | EQUITY | Very High | 13.78% |
Franklin India Bluechip Fund - Growth | EQUITY | Very High | 13.35% |
Mutual Fund Schemes | Category | Risk | Absolute Return (6Y) |
Baroda BNP Paribas Large Cap Fund - Regular Plan - Growth | EQUITY | Very High | 17.79% |
Nippon India Large Cap Fund - Growth | EQUITY | Very High | 17.64% |
Canara Robeco Bluechip Equity Fund - Regular Plan - Growth | EQUITY | Very High | 17.09% |
SBI Blue Chip Fund - Regular Plan - Growth | EQUITY | Very High | 16.14% |
HSBC Large Cap Fund - Growth | EQUITY | Very High | 15.75% |
Union Largecap Fund - Regular Plan - Growth | EQUITY | Very High | 15.33% |
DSP Top 100 Equity Fund - Regular Plan - Growth | EQUITY | Very High | 14.48% |
Franklin India Bluechip Fund - Growth | EQUITY | Very High | 14.12% |
PGIM India Large Cap Fund - Growth | EQUITY | Very High | 13.18% |
IDBI India Top 100 Equity Fund - Growth | EQUITY | Very High | 12.57% |
Fund Managers
Mr. Shreyash DevalkarFund Manager - Equities
Mr. Devalkar has an experience of more than 5 years in equities markets as an Equity Research Analyst and he specializes in Information Technology, Telecommunication services, Industrials and Utilities sectors. He began his career in equity analysis space in 2005 as an Equity Research Analyst with IDFC Capital. Thereafter, he worked with IDFC Asset Management. His earlier stints include about two years of experience in Credit Analysis with JP Morgan Services India and Calyon bank.
Mr. Ashish NaikFund Manager
Previous experience includes 6 years with Goldman Sachs as an equity analyst.
Mr. Krishnaa N
Get your latest Credit Score, FREE
Compare with similar Funds
About Axis Bluechip Fund – Growth | Direct Plan
Axis Bluechip Fund – Growth | Direct Plan is a large-cap equity mutual fund scheme launched by Axis Mutual Fund on January 1, 2013. The fund aims to generate long-term capital growth by investing in a diversified portfolio of large-cap companies listed on Indian stock exchanges. The fund has an expense ratio of 0.59%, which is lower than the average expense ratio of 2.25% for large-cap equity mutual funds.
As of May 26, 2023, the NAV of Axis Bluechip Fund – Growth | Direct Plan is ₹49.61. The fund has a 10-year annualised return of 14.36%. The fund’s top 10 holdings include HDFC Bank, ICICI Bank, Reliance Industries, Infosys, TCS, HDFC, Kotak Mahindra Bank, State Bank of India, and Hindustan Unilever.
Key parameters of Axis Bluechip Fund – Growth | Direct Plan
Here are some of the key parameters of Axis Bluechip Fund – Growth | Direct Plan:
- Fund Name: Axis Bluechip Fund – Growth | Direct Plan
- Fund Type: Equity
- Fund Category: Large Cap
- Fund Manager: Ashish Chauhan
- Asset Under Management (AUM): ₹33,474 crores
- Expense Ratio: 0.59%
- 10-year annualised return: 14.36%
- Top 10 holdings: HDFC Bank, ICICI Bank, Reliance Industries, Infosys, TCS, HDFC, Kotak Mahindra Bank, State Bank of India, and Hindustan Unilever
Taxation on Axis Bluechip Fund – Growth | Direct Plan
The taxation on Axis Bluechip Fund – Growth | Direct Plan depends on the holding period of the units. If the units are sold within 1 year of purchase, the gains will be taxed as short-term capital gains (STCG).
The STCG tax rate is 15%. If the units are sold after 1 year of purchase, the gains will be taxed as long-term capital gains (LTCG). The LTCG tax rate is 10% if your total long-term capital gain exceeds 1 lakh. Any cess/surcharge is not included in the 10% or 15%.
Here are some of the factors that can affect the taxation of Axis Bluechip Fund – Growth | Direct Plan:
- Your income tax slab
- Your total long-term capital gains
- The type of fund (equity, debt, etc.)
- The holding period of the units
Holdings of Axis Bluechip Fund – Growth | Direct Plan
The top 10 holdings of Axis Bluechip Fund – Growth | Direct Plan as of May 26, 2023, are:
- HDFC Bank Ltd. (9.46%)
- ICICI Bank Ltd. (9.19%)
- Bajaj Finance Ltd. (7.79%)
- Avenue Supermarts Ltd. (6.72%)
- ITC Ltd. (5.87%)
- Kotak Mahindra Bank Ltd. (5.76%)
- Hindustan Unilever Ltd. (5.47%)
- Reliance Industries Ltd. (5.26%)
- State Bank of India (4.99%)
- Infosys Ltd. (4.88%)
Returns on Axis Bluechip Fund – Growth | Direct Plan
Axis Bluechip Fund – Growth | Direct Plan has a 10-year annualised return of 14.36%. The fund has a 3-year annualised return of 19.6% and a 5-year annualised return of 11.89%.
Investment Objective of Axis Bluechip Fund – Growth | Direct Plan
The investment objective of Axis Bluechip Fund – Growth | Direct Plan is to generate long-term capital growth by investing in a diversified portfolio of large-cap companies listed on Indian stock exchanges. The fund aims to invest in companies with strong profitability and growth track record.
Minimum Investment and Lock-In Period for Axis Bluechip Fund – Growth | Direct Plan
The minimum investment amount for Axis Bluechip Fund – Growth | Direct Plan is ₹500. There is no lock-in period for this fund. However, if you redeem your units within 30 days of purchase, you will be charged a penalty of 1% of the amount redeemed.
About Axis AMC
Axis Asset Management Company (AMC) is one of the largest asset management companies in India. It was founded in 2009 and has over ₹2.5 trillion in assets under management. Axis AMC offers a wide range of mutual funds, including equity, debt, hybrid, and liquid funds.
FAQs
How to invest in Axis Bluechip Fund - Growth | Direct Plan?
You can invest in Axis Bluechip Fund – Growth | Direct Plan either online or offline. Online investment can be made through the Axis Mutual Fund website or third-party platforms. For online investment, create an account with Axis Mutual Fund and make the payment through net banking or UPI. Offline investment involves filling up an investment form and submitting it to an Axis Mutual Fund distributor along with the payment.
What are your views about Axis Bluechip Fund - Growth | Direct Plan?
Axis Bluechip Fund – Growth | Direct Plan is a large-cap equity mutual fund that invests in a diversified portfolio of large-cap companies. The fund has a commendable track record of performance and consistently outperforms its benchmark index. Managed by experienced professionals, it has proven to be a successful investment option.
Is Axis Bluechip Fund - Growth | Direct Plan a risky investment?
While all investments carry some degree of risk, Axis Bluechip Fund – Growth | Direct Plan is considered a relatively low-risk investment. It focuses on large-cap companies, which are generally more stable than smaller ones, reducing the overall risk associated with the investment.
How good is Axis Bluechip Fund - Growth | Direct Plan for long-term investment?
Axis Bluechip Fund – Growth | Direct Plan is well-suited for long-term investments. With its consistent track record of performance and experienced management team, the fund offers a reliable option for investors seeking long-term growth.
Should we invest in Axis Bluechip Fund - Growth | Direct Plan in 2023?
Whether to invest in Axis Bluechip Fund – Growth | Direct Plan in 2023 depends on individual circumstances and investment goals. If you are a long-term investor seeking a low-risk investment with potential returns, Axis Bluechip Fund – Growth | Direct Plan could be a suitable choice.
What are the top sectors of Axis Bluechip Fund - Growth | Direct Plan?
The top sectors in Axis Bluechip Fund – Growth | Direct Plan include Financial Services, Consumer Discretionary, Healthcare, Technology, and Industrials.
How to redeem Axis Bluechip Fund - Growth | Direct Plan?
Axis Bluechip Fund – Growth | Direct Plan can be redeemed online through the Axis Mutual Fund website or third-party platforms like Groww or Paytm Money. Offline redemption can be done through Axis Mutual Fund distributors by submitting a redemption form.
What is the NAV of Axis Bluechip Fund - Growth | Direct Plan?
The NAV of Axis Bluechip Fund – Growth | Direct Plan as of May 28, 2023, is ₹49.61.
What is the PE and PB ratio of Axis Bluechip Fund - Growth | Direct Plan?
As of May 28, 2023, the PE ratio of Axis Bluechip Fund – Growth | Direct Plan is 22.5, and the PB ratio is 2.5.
How much does Axis Bluechip Fund - Growth | Direct Plan charge as an expense ratio?
The expense ratio of Axis Bluechip Fund – Growth | Direct Plan is 0.59%.
Most Popular on Urban Money
Scheme Other Funds
Most Trusted AMC
- Baroda BNP Paribas Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- Canara Robeco Mutual Fund
- L&T Mutual Fund
- DSP Mutual Fund
- Quant Mutual Fund
- Franklin Templeton Mutual Fund
- HDFC Mutual Fund
- HSBC Mutual Fund
- ICICI Prudential Mutual Fund
- JM Financial Mutual Fund
- Kotak Mahindra Mutual Fund
- LIC Mutual Fund
- Invesco Mutual Fund
- Quantum Mutual Fund
- Nippon India Mutual Fund
- SBI Mutual Fund
- Bandhan Mutual Fund
- Sundaram Mutual Fund
- Tata Mutual Fund
- Taurus Mutual Fund
- UTI Mutual Fund
- Mirae Asset Mutual Fund
- Bank of India Mutual Fund
- Edelweiss Mutual Fund
- Navi Mutual Fund
- Motilal Oswal Mutual Fund
- IDBI Mutual Fund
- PGIM India Mutual Fund
- Union Mutual Fund
- 360 ONE Mutual Fund
- Groww Mutual Fund
- PPFAS Mutual Fund
- IL&FS Mutual Fund (IDF)
- Shriram Mutual Fund
- IIFCL Mutual Fund
- Mahindra Manulife Mutual Fund
- WhiteOak Capital Mutual Fund
- ITI Mutual Fund
- Trust Mutual Fund
- NJ Mutual Fund
- Samco Mutual Fund
- Bajaj Finserv Mutual Fund
- Helios Mutual Fund
- Zerodha Mutual Fund
- Old Bridge Mutual Fund
Mutual Funds Calculator
Best Equity Mutual Funds
- SBI Small Cap Fund - Growth - Direct Plan
- HDFC Small Cap Fund - Growth - Direct Plan
- Nippon India Small Cap Fund - Growth - Direct Plan
- UTI Mid Cap Fund - Growth - Direct Plan
- ICICI Prudential Infrastructure Fund - Growth - Direct Plan
- Tata Small Cap Fund - Growth - Direct Plan
- Canara Robeco Infrastructure Fund - Growth - Direct Plan
- DSP Small Cap Fund - Growth - Direct Plan
- Mirae Asset Healthcare Fund - Growth - Direct Plan
- Sundaram Services Fund - Growth - Direct Plan
- Franklin Build India Fund - Growth - Direct Plan
- L&T India Large Cap Fund - Growth - Direct Plan
- Motilal Oswal Midcap Fund - Growth - Direct Plan
Mutual Funds Guide
Get in-depth knowledge about all things related to Mutual Funds and your finances
International Mutual Funds
\International mutual funds are hidden gems in investment. These ideally allow you to invest in different countries, empowering you to diversify the portfolio across various economies, currencies, and sectors. Internatio
10 Best SIP Plans for Rs. 1000
The need for disciplined and strategic investment is becoming increasingly apparent as the financial industry develops and changes. Investing in your future has never been easier or more accessible than with the 10 best
How to Invest in SIP
Mutual funds are the new piggy banks. Everyone looking to multiply their wealth via mutual funds ponders over one perennial question – how to invest in a SIP? While it might sound very complex and tedious, it actua
Best Investment Plan for 1 Year
For those seeking relatively quick returns or managing financial goals within a limited timeframe, mutual funds could make a substantial difference. Mutual funds, essentially pools of money managed by professionals, pro
How to stop a Mutual Fund SIP?
Investing in mutual funds through a Systematic Investment Plan (SIP) is a widely embraced strategy for those looking to gradually build wealth with disciplined and consistent contributions. However, life’s uncertai
Withdrawing from Mutual Funds
When it comes to managing your investments, mutual funds are a popular choice for those looking to expand their portfolio and earn steady returns. However, there may come a time when you need to withdraw money from your
Flexi Cap Fund
Are you tired of the same old mutual funds that limit your investment options and returns? Do you want to explore the full potential of the stock market and invest in the best companies across all sizes and sectors? If y
STCG Tax on Mutual Fund
As an investor in mutual funds, you may be aware of the various benefits they offer, such as diversification, professional management, and liquidity. But do you also know about the tax implications of your mutual fund in
Conservative Hybrid Funds
A conservative hybrid fund is known as a low-risk investment option. The name gives you a fair idea of a conservative hybrid fund’s associated risk, offering a unique combination of safety, stability, and potential
Fund of Funds (FOFs)
Are you looking for a way to diversify your investments and access a variety of funds with different strategies and asset classes? If yes, then you might want to consider Fund of Funds (FOFs) as an option. FOFs are mutua
Expense Ratios: Calculations, Components, and Investment Impact
The expense ratio is one of the most critical yet often overlooked aspects of investing in mutual funds and ETFs. Whether you’re a seasoned investor or just starting to dip your toes into finance, understanding thi
Total Expense Ratio (TER)
The Total Expense Ratio (TER) is a significant indicator of the expenses associated with overseeing and running an investment fund, like a mutual fund or Exchange-Traded Fund (ETF). Calculated as a percentage of the fund
Indexation in Mutual Funds
‘Indexation’ is a pivotal term for investors during decision-making. It is also considered vital to reduce tax liabilities associated with investments, especially in debt mutual funds. Although calculating In
Yield to Maturity
Yield to Maturity (YTM) stands out as a pivotal concept among investors. It’s a term that often bounces around in financial discussions, yet its understanding remains elusive to many. Whether you’re a novice
What is Arbitrage Fund
Arbitrage funds are a type of investment strategy. I.e., the funds generate income by simultaneously buying and selling securities in various markets for different prices. As exploiting the price differences between the