Axis Bluechip Fund Review and Performance

1. Axis Bluechip Fund Review andPerformance A wise person had once said, when the going gets tough, the tough get going! This stands true for stocks during market volatility as well but the Axis Bluechip Fund has proved its stability even during such times. Bluechip stocks are better adept at handling such fluctuations and generating higher (or at least stable) returns across market cycles. Read on to know about one of the star bluechip funds in the Indian market –Axis BluechipFund. Axis Bluechip FundDetails Launched in the year 2013, Axis Bluechip Fund is one of the best schemes in the large-cap category. The core objective of this fund is capital appreciation in the long-run through investments in predominantly equity and related securities (including derivatives). The stock selection criteria revolve mainly around superior asset quality companies at a reasonable price. Almost 87% of the portfolio is invested in stocks of bluechip companies. This makes the fund a good choice for investors with low to medium risk appetite as bluechip companies are traded frequently (hence easy liquidity) and also less affected by market fluctuations. Their proven track record, strong management, and robust business models make them capable to deliver consistent and growing returns. The fund size (AUM) has crossed Rs. 9480 crores as on 30th November2019. Axis Bluechip Fund AssetAllocation The Axis Bluechip Fund Asset Allocation is well-diversified in nature. In terms of sectoral allocation, financial services constitute a major chunk of the portfolio (41.84%) followed by Consumer Goods (15.69%) and Information Technology (15.7%). Big names such as HDFC Bank Ltd, Reliance Industries, ICICI Bank, Kotak Mahindra, Bajaj Finance, Infosys, etc. are part of the issuers for thisFund. Risk-o-meter The risk level associated with this fund is “Moderately High”. It is ideal for investors who have a long-term investmenthorizon. Axis Bluechip FundManager The Fund is being managed by Mr. Shreyash Devalkar since November 2016. He is a market veteran and has rich experience of more than 16years. Axis Bluechip Fund Asset Allocation and PerformanceScorecard The Fund has an enviable report card. It has displayed its ability to generate superior and consistent returns over various time periods. It has surpassed the category benchmark (Nifty 50 TRI) returns by a handsomemargin

2. If you had invested Rs. 10,000 in this fund in 2010, it would be now worth Rs. 22,900now. It is a lucrative option compared to other investment avenues as well. If you had invested Rs. 5,000 in a monthly SIP for a period of five years, this is how your money would havegrown FinalWords Axis Bluechip Fund is a dependable investment option. It has generated category beating returns since its inception. Moreover, it has not only proved its mettle when the markets are strong but has also displayed its capability to protect losses during choppy times. The fund is highly immune to market fluctuations because of the high-quality large-cap stocks in its portfolio and its low-risk debt position philosophy. Hence, you have a winner in your hands – the potential for superior returns as well as protection during a slowdown. What more could you ask for!