Quick Answer: How Is Axis Bank Blue Chip Fund?

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..

How is Axis Blue Chip Fund?

The Axis Bluechip Fund Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 12 months.

Is Axis Bluechip fund open ended?

Axis Bluechip Fund is an open-ended equity scheme predominantly investing in large cap stocks. … Equity as an asset class holds the potential to beat inflation and generate long term wealth.

Which Bluechip fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsCanara Robeco Bluechip Equity FundEquity14.3%Invesco India Largecap FundEquity9.6%Kotak Bluechip FundEquity10.6%BNP Paribas Large Cap FundEquity6.0%12 more rows

What are the top 5 mutual funds?

Popular Fund FamiliesiShares.Fidelity Investments.Vanguard.T. Rowe Price.Charles Schwab.Principal Funds.AllianceBernstein.American Century Investments.More items…

Which is the best PPF plan?

Below is the list of banks offering PPF account:State Bank of India or SBI PPF Account.HDFC Bank.ICICI Bank.Central Bank of India.Union Bank of India.BOI – Bank of India.Bank of Maharashtra.BOB – Bank of Baroda.More items…•

Which is the best value fund?

Top 10 Value Mutual FundsFund NameCategory1Y ReturnsL&T India Value FundEquity7.8%ICICI Prudential Value Discovery FundEquity8.7%JM Value FundEquity-2.7%HDFC Capital Builder Value FundEquity4.5%8 more rows

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.

Which mutual fund gives highest return?

Top 10 High Risk Mutual FundsFund NameCategory1Y ReturnsICICI Prudential Technology FundEquity49.0%Nippon India Pharma FundEquity67.0%SBI Banking & Financial Services FundEquity-5.7%L&T Midcap FundEquity10.6%7 more rows

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 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.

What is better SIP or lump sum?

If an investor has a regular income and is able to save some money, he can choose to invest in SIP. Else if an investor has a large sum of money, he can go for lump sum investment. If the market grows continuously into the future, lump sum investment gives greater returns as compared to SIP.

Which Axis Mutual Fund is best?

Top 10 Axis Mutual FundsFund NameCategoryRatingAxis Bluechip FundEquity5starAxis Long Term Equity FundEquity5starAxis Midcap FundEquity5starAxis Focused 25 FundEquity5star12 more rows

Which is the best mutual fund to invest in 2020?

Scheme namePercentage (%)Axis Bluechip Fund – G25ICICI Prudential Bluechip Fund – G15Motilal Oswal Multicap 35 Fund – G10Aditya Birla Sun Life Regular Savings Fund -G507 more rows•Sep 30, 2020

Which mutual fund has no exit load?

Mutual fund houses charge an exit load on mutual fund if you redeem before a stipulated period. An exit load is charged only for a specified duration only after which there is no exit load….1. Indiabulls Liquid Fund.Rating by Groww5 starExpense Ratio0.07%Exit LoadNILTypeOpen-ended5 more rows•Dec 18, 2019

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020

Which liquid fund is best to invest?

5. Top 10 Liquid Funds in IndiaFund name5-year average returnsLinkAxis Liquid Fund Growth6.91%Invest NowICICI Prudential Liquid Fund Growth6.88%Invest NowUTI – Liquid Cash Plan – Regular Plan – Growth Option6.87%Invest NowL&T Liquid Fund Growth Option6.87%Invest Now6 more rows•Sep 10, 2020

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.

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.

What is a blue chip fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.