Is Axis Bluechip Fund Good?

Which is the best PPF plan?

SBI PPF Account Currently, the interest rates offered by SBI on a PPF account is 7.10%.

SBI PPF deposits allow a maximum limit of ₹ 1.50 Lakh per annum, for a maximum tenure of 15 years.

PPF accounts allow loans against PPF and also offer tax benefits, nomination facility, and online services to manage PPF accounts..

Which Bluechip fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsAxis Bluechip FundEquity5.5%Mirae Asset Large Cap FundEquity8.4%Invesco India Largecap FundEquity9.5%Canara Robeco Bluechip Equity FundEquity14.1%12 more rows

Which Axis Mutual Fund is best?

Top 10 Axis Mutual FundsFund NameCategoryRiskAxis Bluechip FundEquityModerately HighAxis Long Term Equity FundEquityModerately HighAxis Midcap FundEquityModerately HighAxis Focused 25 FundEquityModerately High12 more rows

Is Axis Bluechip fund under 80c?

Review the performance of the fund you wish to invest in. … *Investment up to 1.5 lakhs in ELSS is eligible for deduction from taxable income under Sec 80C of the Income Tax Act, 1961.

Is it right time to invest in mutual fund?

There is no right time as such when it comes to investing in mutual funds. Investments in mutual funds should be made at the earliest. Any day is the best time to invest in mutual funds. Remember, you need to invest as per your financial goals and risk tolerance.

What is Axis Bluechip fund?

Investment Objective of Axis Bluechip Fund To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.

Which is better sip or PPF?

SIP investment in mutual funds are ideal for all, short term, medium term and long term goals. They are ideal for wealth creation and fulfilment of goals. A PPF is ideally suitable for only long term investments of 15 years or more. … SIP investment in mutual funds do not have a defined lock-in period.

How can I buy Axis Blue Chip Fund?

Axis Bluechip Fund is available for investors in two types of schemes – Growth & Dividend….In order to start investing in a bluechip fund, an investor needs the following:PAN Card.Bank Account.KYC (Know Your Client)

What does bluechip mean?

A blue chip stock is the stock of a blue chip company. If a stock is considered blue chip, it is generally the market leader or one of the top performers in its sector. Typically, a blue chip stock is a component of major stock market averages and indexes, such as the S&P 500 index in the United States.

Is PPF better than LIC?

The Public Provident Fund tends to provide a far superior rate of returns compared to an LIC policy like Jeevan Anand. What you should do is invest in the PPF and take a term policy online, which is cheaper and faster. In the term policy you do not get your money back, but, you are provided with solid insurance.

What is the best month to invest in PPF?

AprilThe best time to invest is between the 1st and the 5th of any month, preferably April each year. Interest is calculated for the calendar month on the lowest balance at credit of your account, between the close of the 5th day and the end of the month, and is credited at the end of every year.

Should I invest in Axis multicap fund?

“It is a good time to bet on a multicap scheme since multicap offers opportunities to buy companies across market spectrum. But I would prefer recommending an established multicap scheme,” says Gera. “We recommend an NFO only when it has an USP which no other scheme is offering in the market,” adds Gera.

Which bank is better for mutual fund?

Short Term Mutual Funds with up to 8-10% returnsFund NameReturn % (1 year)HDFC Corporate Bond Fund7.09Aditya Birla Sun Life Corporate Bond Fund7.55ICICI Prudential Banking and PSU Debt Fund – Growth6.16ICICI Prudential Short Term – Growth Option6.371 more row

Is Axis Bluechip fund good Quora?

The fund is currently the best performing fund in the large cap equity fund category. It has given 11.9% returns per annum since it was launched, which is in 2013 and return wise it is at number 1 position in the category. … Axis Bluechip Fund is an equity mutual fund that has both, direct and regular options.

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)L&T Midcap Fund (Regular)1.65%7.86%Mirae Asset Large Cap Fund (Regular)10.46%12.47%DSP Mid Cap Fund (Regular)6.52%9.91%Invesco India Mid Cap Fund (Regular)6.11%8.67%8 more rows•Jan 23, 2020

Is Axis bluechip ELSS?

The Scheme is an open-ended equity scheme predominantly investing in large cap stock. The investment objective of the Scheme is to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.

Is Axis Bluechip Fund a good investment?

Axis Bluechip Fund has a moderately high risk. It has good long term returns. If you are an aggressive investor and looking for good returns over the long term, you can choose the scheme. You can visit Axis Mutual Fund investment platforms and start investing in this scheme through SIP or lumpsum.

Is Axis Mutual Fund Safe?

Yes, it is safe to invest with Axis Mutual Fund like any other reputed mutual fund provider. The company is registered with SEBI, AMFI and other regulatory bodies.