Axis Bluechip Fund Regular Plan Idcw

About Axis Bluechip Fund – Regular Plan – IDCW

Axis Bluechip Fund – Regular Plan – IDCW is a large-cap equity mutual fund scheme launched by Axis Mutual Fund in January 2010. Managed by a team of experienced professionals led by Shreyash Devalkar, the fund aims to generate long-term capital growth by investing in a diversified portfolio of large-cap companies.

With a track record of delivering good returns, the fund has shown 15.88% and 10.78% returns over the past 3 and 5 years, respectively, outperforming its benchmark index, the S&P BSE 100. The fund’s low expense ratio of 1.7% ensures a greater portion of your investment goes towards potential returns.

Suitable for long-term investors comfortable with equity risks, Axis Bluechip Fund offers key features such as a focus on large-cap companies, a robust fund size of ₹33,474.24 crores (as of February 2023), and a benchmark index of S&P BSE 100.

Key parameters of Axis Bluechip Fund – Regular Plan – IDCW

• Investment objective: To generate long-term capital growth by investing in a diversified portfolio of large-cap companies.
• Fund manager: Shreyash Devalkar
• Fund size: ₹33,474.24 crore (as of February 2023)
• Benchmark index: S&P BSE 100
• Expense ratio: 1.7%
• Risk profile: High
• Suitable for investors: Those who are looking to invest for the long term and who are comfortable with the risk of equity investments.

Here are some of the risks associated with Axis Bluechip Fund – Regular Plan – IDCW:

• Market risk: The value of your investment can go down as well as up.
• Liquidity risk: It may be difficult to sell your investment quickly if there is a lot of demand for the fund.
• Management risk: The performance of the fund can depend on the skill of the fund manager.

Taxation on Axis Bluechip Fund – Regular Plan – IDCW

• Short-term capital gains (STCG): If you sell your units within one year of purchase, the entire gain will be taxed as STCG at the rate of 15%.
• Long-term capital gains (LTCG): If you sell your units after one year of purchase, the gain will be taxed as LTCG at the rate of 10%. However, there is an exemption of up to ₹1 lakh on LTCG in a financial year.
• Dividends: Dividends from Axis Bluechip Fund – Regular Plan – IDCW are taxable in the hands of the investor. The tax rate will depend on the investor’s income tax slab.

Holdings of Axis Bluechip Fund – Regular Plan – IDCW

Here are some of the key holdings of Axis Bluechip Fund – Regular Plan – IDCW:

• HDFC Bank
• Infosys
• Reliance Industries
• ITC
• Tata Consultancy Services
• State Bank of India
• Hindustan Unilever
• Kotak Mahindra Bank
• Bajaj Finance
• Maruti Suzuki India

Returns on Axis Bluechip Fund – Regular Plan – IDCW

The Axis Bluechip Fund – Regular Plan – IDCW has generated a 10-year annualised return of 11.25%. This is higher than the 10-year annualised return of the S&P BSE 100 index of 10.43%. The fund has also outperformed its benchmark index over the past 1, 3, and 5 years.

Investment Objective of Axis Bluechip Fund – Regular Plan – IDCW

The investment objective of the Axis Bluechip Fund – Regular Plan – IDCW is to generate long-term capital growth by investing in a diversified portfolio of large-cap companies. Large-cap companies are typically well-established companies with a long history of profitability. They are also typically the leaders in their respective industries.

Minimum Investment and Lock-in Period of Axis Bluechip Fund – Regular Plan – IDCW

• Minimum investment: The minimum investment in the Axis Bluechip Fund – Regular Plan – IDCW is ₹500. This relatively low minimum investment makes the fund accessible to a wide range of investors.
• Lock-in period: There is no lock-in period for the Axis Bluechip Fund – Regular Plan – IDCW. This means that you can redeem your investment at any time without penalty.