Axis Bluechip Fund-Growth
(Scheme Rating)
NAV as of Oct 31, 2024
58.15-0.53%
- Growth - Regular
(Earn upto 0.88% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
1.56%(0.85% Category
average)Fund Size:
Rs. 36,108.58 Cr(6.35% of Investment in Category)
- ADD TO PORTFOLIO
Axis Bluechip Fund-Growth
(Scheme Rating)
NAV as of Oct 31, 2024
58.15-0.53%
Expense Ratio:
1.56%
Fund Size:
Rs. 36,108.58 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Axis Bluechip Fund as of Oct 31, 2024 is Rs 58.15 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 27.75% (1yr), 7.19% (3yr), 13.04% (5yr) and 12.6% (since launch). Whereas, Category returns for the same time duration are: 37.47731976673333% (1yr), 14.384430974470307% (3yr) and 17.284637064859183% (5yr).
3. Fund Size: The Axis Bluechip Fund currently holds Assets under Management worth of Rs 36108.5843 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 1.56% for Regular plan as on Oct 22, 2024.
5. Exit Load: Axis Bluechip Fund shall attract an Exit Load, "Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis Bluechip Fund-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -7.57 -3.08 5.67 27.75 7.19 13.04 Category Avg -6.59 -3.04 8.29 37.48 14.38 17.28 Rank within Category 106 84 151 116 111 92 No. of funds within Category 169 165 160 153 111 92 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkBSE 100 Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Axis Bluechip Fund-Growth Fund Details
Investment Objective - 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.
| Fund House | Axis Mutual Fund |
| Launch Date | Jan 05, 2010 |
| Benchmark | BSE 100 Total Return Index |
| Return Since Launch | 12.6% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | Average |
| Return Grade | Low |
Axis Bluechip Fund-Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 1,000.00 |
| Exit Load Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
| SEP 2024 | AUG 2024 | JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 55 | 55 | 56 | 50 | 47 | 48 |
| Top 5 Company Holdings | 31.89% | 31.9% | 32.64% | 34.87% | 33.48% | 33.8% |
| Top 10 Company Holdings | 50.9% | 52.07% | 52.81% | 54.84% | 52.88% | 53.28% |
| Company with Highest Exposure | HDFC Bank (8.82%) | HDFC Bank (8.49%) | HDFC Bank (8.71%) | HDFC Bank (9.07%) | ICICI Bank (8.22%) | ICICI Bank (8.27%) |
| Number of Sectors | 15 | 15 | 15 | 15 | 15 | 15 |
| Top 3 Sector Holdings | 52.0% | 51.18% | 50.12% | 52.03% | 50.71% | 51.26% |
| Top 5 Sector Holdings | 68.43% | 70.61% | 69.45% | 70.22% | 68.25% | 68.5% |
| Sector with Highest Exposure | Financial (27.1%) | Financial (26.86%) | Financial (27.76%) | Financial (30.21%) | Financial (29.08%) | Financial (28.83%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 8.82 19.11 90.93 17.48 ICICI Bank Financial 7.65 18.80 68.72 43.35 Bajaj Finance Financial 5.27 27.87 248.39 -7.18 Bharti Airtel Communication 5.21 80.19 20.16 78.63 Infosys Technology 4.94 27.13 64.90 31.69 Reliance Industries Energy 4.57 26.67 50.19 17.48 Avenue Supermarts Services 4.56 96.90 41.30 8.23 Tata Consultancy Technology 3.64 30.39 131.12 21.25 Bajaj Auto Automobile 3.23 37.41 263.96 87.06 Interglobe Aviation Services 3.01 23.69 171.78 65.36
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Bluechip Fund-Growth 58.15 36,108.58 -7.57 27.75 7.19 13.04 Nippon India Large Cap Fund-Growth 86.93 34,432.09 -5.07 36.28 19.80 19.90 ICICI Prudential BHARAT 22 FOF - Growth 33.22 2,183.30 -5.72 52.91 35.55 25.21 ICICI Prudential Bluechip Fund-Growth 106.15 66,206.57 -5.43 36.88 17.14 19.55 Quant Focused Fund-Growth 89.19 1,183.09 -7.33 40.90 19.00 21.71
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
12.45VS13.61Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.95VS1.00Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
0.39VS0.82Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
5.15VS10.69Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-5.19VS0.10Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
10.61VS16.47Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- S.D.Shreyash DevalkarSince Nov 20169 schemes
- A.N.Ashish NaikSince Aug 202316 schemes
Mr. Devalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University 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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Growth Opportunities Fund Regular-Growth Large & MidCap 31.70 14,525.72 39.16 Axis Midcap Fund Regular-Growth Mid Cap 109.50 32,015.56 43.63 Axis ELSS Tax Saver Fund-Growth ELSS 93.66 39,252.74 32.56 Axis Consumption Fund Regular-Growth Thematic-Consumption 9.46 Unrated 4,461.44 - Axis India Manufacturing Fund Regular-Growth Thematic 13.72 Unrated 6,517.72 - Axis ESG Integration Strategy Fund Regular-Growth Thematic-ESG 21.35 Unrated 1,445.59 33.35 Axis NIFTY Healthcare ETF-Growth Sectoral-Pharma 146.25 Unrated 19.51 56.16 Axis Multicap Fund Regular-Growth Multi Cap 17.38 Unrated 6,817.21 49.06 Axis Equity ETFs FoF Regular-Growth Flexi Cap 15.50 Unrated 24.26 33.52 Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur. Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Balanced Advantage Fund Regular-Growth Dynamic Asset Allocation 20.24 2,577.32 29.41 Axis Arbitrage Fund Regular-Growth Arbitrage 17.88 5,528.88 7.43 Axis Nifty 100 Index Fund Regular-Growth Large Cap 21.25 1,750.56 31.81 Axis Conservative Hybrid Fund Regular-Growth Conservative Hybrid 28.69 305.39 11.50 Axis ELSS Tax Saver Fund-Growth ELSS 93.66 39,252.74 32.56 Axis Aggressive Hybrid Fund Regular-Growth Aggressive Hybrid 20.03 1,701.53 27.74 Axis Multi Asset Allocation Fund Regular-Growth Multi Asset Allocation 38.68 1,311.75 26.86 Axis Nifty Bank Index Fund Regular-Growth Sectoral-Banking 10.49 Unrated 123.26 - Axis BSE Sensex Index Fund Regular-Growth Large Cap 10.92 Unrated 46.55 - Axis BSE Sensex ETF-Growth Large Cap 80.79 Unrated 134.52 25.59 Axis Business Cycles Fund Regular-Growth Thematic 16.11 Unrated 2,793.45 36.29 Axis Quant Fund Regular-Growth Thematic 16.49 Unrated 1,170.94 33.31 Axis NIFTY India Consumption ETF-Growth Thematic-Consumption 117.08 Unrated 14.45 38.42 Axis NIFTY Bank ETF-Growth Sectoral-Banking 525.96 Unrated 274.94 20.91 Axis Innovation Fund Regular-Growth Thematic 18.22 Unrated 1,300.41 40.59 Axis Nifty 50 ETF-Growth Large Cap 262.57 Unrated 722.20 28.23
More Axis Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Axis ELSS Tax Saver Fund-Growth | 39,252.74 | -6.03 | 3.06 | 10.87 | 33.49 | 7.47 | |
| Axis Bluechip Fund-Growth | 36,108.58 | -7.09 | 0.44 | 8.03 | 28.34 | 7.41 | |
| Axis Midcap Fund Regular-Growth | 32,015.56 | -5.92 | 2.24 | 19.09 | 44.89 | 16.53 | |
| Axis Liquid Fund Regular-Growth | 25,268.68 | 0.59 | 1.76 | 3.53 | 7.41 | 6.20 | |
| Axis Liquid Fund Retail-Growth | 25,268.68 | 0.55 | 1.64 | 3.29 | 6.88 | 5.67 | |
| Axis Small Cap Fund Regular-Growth | 24,766.00 | -5.52 | 4.04 | 17.10 | 37.06 | 21.19 | |
| Axis Growth Opportunities Fund Regular-Growth | 14,525.72 | -4.79 | 3.47 | 14.64 | 40.83 | 14.93 | |
| Axis Focused Fund Regular-Growth | 14,469.77 | -6.38 | 4.15 | 9.76 | 31.72 | 4.16 | |
| Axis Money Market Fund Regular-Growth | 14,298.79 | 0.64 | 1.84 | 3.68 | 7.72 | 6.38 | |
| Axis Flexi Cap Fund Regular-Growth | 13,464.10 | -5.94 | 3.98 | 14.49 | 36.70 | 9.94 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Tata Mutual Fund
- Edelweiss Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Axis Bluechip Fund is Open-ended Large Cap Equity scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Jan 05, 2010.
Investment objective & Benchmark
1. The investment objective of the fund is that " 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. "
2. It is benchmarked against BSE 100 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 94.629316% in equities, 3.871216% in debts and 1.509544% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 50.9% of the assets, the top 3 sectors constitute around 52.0% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Axis Bluechip Fund-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Axis Bluechip Fund-Growth
- Is it safe to invest in Axis Bluechip Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Bluechip Fund comes under Very High risk category.
- What is the category of Axis Bluechip Fund?Axis Bluechip Fund belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Axis Bluechip Fund?The suggested investment horizon of investing into Axis Bluechip Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Bluechip Fund?The Axis Bluechip Fund is managed by Shreyash Devalkar (Since Nov 23, 2016) and Ashish Naik (Since Aug 03, 2023).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.
