Mutual Fund SIP Invest151 views
- How Has Axis Bluechip Performed Over the Years?
- The fund has posted a return of 12.53% in 3 years and 10.58% in 5 years
Axis Mutual Fund is one of the reputed asset management companies (AMCs) in India having its presence across the country. It manages a portfolio of more than 90 lakh customers in over 90 cities. The AMC offers more than 50 mutual fund schemes to investors with varied investment goals, risk appetite, etc. If you have a long-term investment perspective and possess a moderate risk appetite, you can subscribe to Axis Bluechip Fund and make the most of it. It’s a large-cap mutual fund that invests the money collected from investors in stocks of top 100 companies according to the market capitalization. So, how much the fund has lived up to the expectations of investors ever since it was launched in 2010? What’s been the asset allocation of the fund, the riskometer it has? You can know all that and much more here.
Table of Contents
Performance of Axis Bluechip Fund Over the Years
The table below shows how Axis Bluechip Fund has fared over the years.
|Mutual Fund Name||Rating||Riskometer||Return Since Inception||1-year Return||3-year Return||5-year Return|
|Axis Bluechip Fund||5 Stars||Moderately High||11.64%||-0.31%||12.53%||10.58%|
Note – The data is sourced from Value Research as on August 29, 2019, and pertains to the regular plan of the scheme.
Top Holdings of Axis Bluechip Fund
The asset allocation of the fund is illustrated in the table below.
|Company||Sector||% of Assets|
|Kotak Mahindra Bank||Financial Services||9.46%|
|HDFC Bank||Financial Services||7.97%|
|Bajaj Finance||Financial Services||7.80%|
|ICICI Bank||Financial Services||6.97%|
|Tata Consultancy Services||Technology||5.67%|
|Larsen & Toubro||Construction||2.88%|
|Titan Company||Consumer Durable||2.86%|
Note – The portfolio data, which is sourced from Value Research, dates to July 31, 2019.
How to Invest in Axis Bluechip Fund?
Axis Bluechip Fund comes with both lump sum and Systematic Investment Plan (SIP) options. A lump sum is typically a one-time investment in mutual funds. However, you can make investments frequently. With an SIP, you can invest in mutual funds at regular intervals – daily, weekly, fortnightly, monthly, quarterly, half-yearly or annually.
Shall You Invest in Axis Bluechip Fund Online?
Yes, you should. It’s because of the enormous convenience that the online option provides. You can thus invest through Wishfin, a premier financial marketplace that offers a wide range of mutual fund schemes to invest in. You can check, compare and choose a scheme at the said online platform. Read below the steps you should follow to start investing in Axis Bluechip Fund.
- Go to www.wishfin.com
- Click on ‘Mutual Funds’
- Go to ‘Register’
- Enter your mobile number
- Click on ‘Get Started’
- Mention your name, email ID, the city you live in
- Create a password that conforms to alphabet, numeric and special character requirements
- Click on ‘Sign Up’
Your account will be created after mentioning a few more details.
- Go to ‘Explore Mutual Funds’
- Navigate to Axis Mutual Fund’ icon on the scroll
- Click on it to find a wide range of schemes
- Click on ‘Equity’ and then on to Axis Bluechip Fund
- Press on ‘Invest’ below the name of the scheme
Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.