Quick Answer: Is Axis Bluechip Fund A Good Investment?

How can I invest in Axis bluechip?

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).

Is it good to invest in Axis multicap fund?

Axis Multicap is indeed an inviting prospect. A good fund manager with an impressive dossier, a low expense ratio for the direct plan (although possibly temporary) and good performance in its short history. The main problem is the possibility of rapid AUM growth thanks to banking channels.

Who is the fund manager of Axis Bluechip fund?

Shreyash DevalkarShreyash Devalkar is the Current Fund Manager of Axis Bluechip Fund Direct Plan Growth fund. The fund currently has an Asset Under Management(AUM) of ₹17,270 Cr and the Latest NAV as of is ₹36.47.

Which is better mid cap or Multicap?

Investing in more stocks makes multi-cap funds win over large & midcap funds in terms of diversification. However, large & midcap funds can have more quality stocks than their multi-cap counterparts, resulting in greater returns for those investing in the former.

What is a multicap fund?

Definition: These are diversified mutual funds which can invest in stocks across market capitalization. That is, their portfolio comprises of large cap, midcap and small cap stocks. …

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

What is better SIP or lump sum?

The answer to this question depends on the stock market conditions. During upward trends, the lump sum mode of mutual fund investment tends to give relatively higher returns whereas during falling markets, investments made via a SIP generally provides better returns than a lump sum investment.

Which is better small cap or mid cap?

Speaking on the selection of category that a mutual fund investor may maintain while investing, Jhaveri said, “For long-term investment goals, one should choose small-cap mutual funds, for mid-term investment goals say from 3 years to seven years, a mid-cap mutual fund is the best bet while to avoid losses during the …

Should I buy small cap funds?

Investing in small-cap companies is an important element of your investment strategy. Smaller companies tend to have a greater chance of large growth, faster. For instance, a company with a market cap of $500 million is more likely to double in value than a company with a market cap of $500 billion.

Which Mid Cap Fund is best?

Top 10 Mid Cap Mutual FundsFund NameCategory1Y ReturnsAxis Midcap FundEquity15.0%Taurus Discovery (Midcap) FundEquity14.0%L&T Midcap FundEquity9.1%Kotak Emerging Equity SchemeEquity11.3%12 more rows

How can I invest 10 lakhs wisely?

10 things to do with 10 lakhsEmergency funds. Life is dynamic. … Short-term funds. These funds primarily invest in debt funds and have a maturity period of 1-3 years. … ELSS funds. ELSS funds are Equity Linked Savings Scheme. … High growth funds. … Its all about gold. … Mediclaim. … Term Insurance policy. … 10.Retirement planning.

Can I lose money in SIP?

Of course yes. The term SIP is often associated with investing in mutual funds – and equity mutual funds. A particular SIP may be in ‘loss’ for a long time. … But, investing through SIP does not guarantee assured returns.

Which is the best multicap fund?

Top 10 Multi Cap Mutual FundsFund NameCategoryRiskICICI Prudential Retirement FundEquityModerately HighUTI Equity FundEquityModerately HighPGIM India Diversified Equity FundEquityModerately HighAxis Multicap FundEquityModerately High12 more rows

Which Blue Chip Fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsAxis Bluechip FundEquity6.7%Invesco India Largecap FundEquity5.2%Canara Robeco Bluechip Equity FundEquity11.5%Mirae Asset Large Cap FundEquity3.9%12 more rows

What is Axis Bank Blue Chip Fund?

The broader investment objective of a Blue-chip Fund is capital appreciation (i.e. outperforming its benchmark index) by investing in a diversified portfolio of equity and equity-related securities of large-cap companies.

Is Axis Bluechip fund open ended?

Axis Bluechip Fund is an open-ended equity scheme predominantly investing in large cap stocks. … However, there can be no assurance that an investor’s investment objective will be achieved through this scheme.

Which is best SIP plan?

Best SIP Investment Plans in IndiaSIP PlansType3 YearICICI Prudential Balanced Advantage FundBalanced Fund9.16%ICICI Prudential Equity & Debt FundEquity Fund11.11%ICICI Prudential Value DiscoveryEquity Fund7.34%Kotak Standard Multicap FundEquity Fund-1.28%27 more rows•Jul 12, 2020

Which fund is best?

Here is the list of top 10 schemes:ICICI Prudential Equity & Debt Fund.Mirae Asset Hybrid Equity Fund.Axis Bluechip Fund.ICICI Prudential Bluechip Fund.L&T Midcap Fund.DSP Midcap Fund.L&T Emerging Businesses Fund.HDFC Small Cap Fund.More items…•

Why is SIP bad?

SIPs make it operationally simpler for you to stay with your investments but it may also lead to carelessness in evaluating the performance of their funds. You may end up ignoring the poor performance of your funds for longer periods and this will affect your portfolio’s returns.

Is Axis Bluechip fund comes under 80c?

Consider that Axis Mutual Fund can help you save tax up to Rs. … This is an open-ended ELSS savings scheme with a 3-year lock-in period. It provides tax benefits up to Rs. 47,668 under section 80C of the Income Tax Act, 1961.