What Is Axis Blue Chip?

Is Axis Bluechip fund ELSS?

Axis Bluechip Fund Growth – Latest NAV ₹32.18, Returns, Performance & PortfolioInvest in Axis Bluechip Fund Growth – Latest NAV ₹32.18.

Track scheme performance, AUM, historical returns, fund ratings, minimum SIP amount, fund manager etc….Fund Summary.PeriodReturns(per year)3 Years9.51%1 Year2.45%6 Months19.14%2 more rows.

What stock pays highest dividend?

List of 25 high-dividend stocksSymbolCompany NameDividend YieldIBMInternational Business Machines Corp.5.18%BOHBank of Hawaii Corp.5.00%BXPBoston Properties Inc.4.92%EIXEdison International4.53%21 more rows

Is Apple a blue chip stock?

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. … Generally, a stock is considered a blue chip if it enters the Dow Jones Industrial Average. For example, Apple earned blue chip status when it joined the Dow in 2015.

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.

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.

Is Axis Blue Chip Fund good?

Firstly, all bluechip funds invest in large companies with strong track records and Axis Bluechip has delivered a strong performance. If you look at its performance in the last five years, its return has been about 8 per cent today, which is better than that of very weak performers.

Which Bluechip fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsInvesco India Largecap FundEquity6.5%Canara Robeco Bluechip Equity FundEquity11.3%Kotak Bluechip FundEquity7.4%BNP Paribas Large Cap FundEquity3.9%12 more rows

Is Home Depot a blue chip stock?

Home Depot also boasts unusually strong finances and a sparkling record for capital allocation by its management team. … Home Depot’s ROIC is near 40%, around double Lowe’s result and near the highest among blue-chip stocks on the market. HD Return on Invested Capital data by YCharts.

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)

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

What are the top 10 blue chip stocks?

The best blue-chip stocks to buy for 2020:Berkshire Hathaway (BRK. B, BRK. A)AbbVie (ABBV)Alibaba Group Holding (BABA)Johnson & Johnson (JNJ)Facebook (FB)British American Tobacco (BTI)McDonald’s Corp. (MCD)Duke Energy Corp. (DUK)More items…•

Are blue chip stocks worth it?

Blue-chip stocks typically have solid balance sheets, steady cash flows, proven business models, and a history of increasing dividends. For that reason, investors generally consider blue-chip stocks to be among the most secure stock investments because of their track records and performance history.

Is Axis Bluechip fund good?

The Axis Bluechip Fund aims to outperform the benchmark with risk lower than the benchmark. Axis Bluechip Fund holds asset class benefits. Equity as an asset class holds the potential to beat inflation and generate long term wealth.

Should I buy Axis Bluechip fund?

If you are seeking investment in a diversified portfolio, paramountly comprising of equity and equity-centric means of large-cap companies, you should consider investing in Axis Bluechip Fund. … It invests about 87% of the fund in bluechip companies, and about 61% of the portfolio consists of the topmost six companies.

What does Blue Chip mean?

A blue chip is a nationally recognized, well-established, and financially sound company. Blue chips generally sell high-quality, widely accepted products and services.

What is the best stock to buy right now?

Best Value StocksPrice ($)12-Month Trailing P/E RatioBrookfield Property REIT Inc. (BPYU)11.821.1Brighthouse Financial Inc. (BHF)26.511.2NRG Energy Inc. (NRG)29.701.82 more rows

Are blue chip stocks safe?

While blue chip stocks tend to be a safer investment, they don’t usually rise considerably in value over a short-time frame unless you can scoop them up at a discount during a downturn. This means that blue chips are long-term investments or used to provide an ongoing incoming through dividends.