Axis Bluechip Fund-Reg(G)

View the direct plan of this scheme

Rs 59.11   0.31(0.527 %) NAV as on 12 Jul 2024
Prime Rating: 1.5 
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Fund type:
Equity
AUM (in crores):
₹ 34,520.15
Fund category:
Large Cap Fund
Fund manager(s):
Shreyash Devalkar, Ashish Naik, Krishnaa N
Benchmark:
BSE 100 - TRI
Minimum investment:
₹ 100
Launch date:
05 Jan 2010
Min. additional investment:
₹ 100
Expense ratio:
1.56 %
Exit load:
Nil for 10% of investments and 1% for remaining investments on or before 12M, Nil after 12M

Scheme Objective: 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. However, there can be no assurance that the investment objective of the Scheme will be achieved.


Performance (As on 12 Jul 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme14.20 % 27.72 % 12.07 %15.17 % 13.01 %
NIFTY 10015.42 % 32.48 % 17.02 %17.00 % N/A

Portfolio

Top 10 stock holdings
Allocation (%)
HDFC Bank Limited
9.07%
ICICI Bank Limited
8.22%
Reliance Industries Limited
6.97%
Avenue Supermarts Limited
5.52%
Bajaj Finance Limited
5.09%
Bharti Airtel Limited
4.82%
Tata Consultancy Services Limited
4.6%
Mahindra & Mahindra Limited
4.07%
Infosys Limited
3.27%
Larsen & Toubro Limited
3.21%

About this category

Large-cap funds invest at least 80% of their portfolio in stocks whose market capitalisations are within the top 100. As they invest in stocks of large companies, they tend to have lower volatility compared to funds that invest in stocks of smaller companies. The Nifty 100 or the BSE 100 index are typically the market indices against which performance can be measured.

Suitability

Large-cap funds suit investors of all risk appetites. The minimum period for which these funds need to be held is 5 years.

Taxation

Short-term: Holding period is less than 12 months.

Taxation: Capital gains are taxed at 15%


Long-term: Holding period is 12 months or more.

Taxation: Capital gains up to Rs 100,000 each financial year is tax-exempt. Remaining capital gains is taxed at 10%. For investments made on or before January 31st, 2018: Capital gain up to this date is tax-free.

How are mutual funds taxed?

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