This scheme is for long-term investment horizons. It is the top-rated and performance fund among large-cap funds. Axis Bluechip Fund holds the portfolio as below;
- Banking and Finance: 42.22%
- Technology: 11.82%
- Chemical: 5.32%
- Real Estate: 4.61%
The fund has a high return and moderately high-risk category.
If possible, an investor should select 1–2 multi-cap funds to make your investment even more secure. Study funds and before investing in a portfolio of past performance.
A wave of instability has reached the markets due to low demand and uncertainty about earnings. In such a scenario, sticking with bluechip companies makes sense because they provide a strong buffer in times of economic downturn due to their significant market share, pricing power, and low debt.
This scheme serves well for conservative investors who seek safer options that offer higher returns than fixed deposits. Axis bluechip fund direct plan growth is one of the schemes that have high exposure to blue chips and has consistently beaten benchmark index and peers by a fair margin.
A considerable part of the portfolio (45%) is invested in financials, which includes private sector banks such as HDFC Bank, ICICI Bank, and Kotak Mahindra Bank. This strategy works to generate high or stable long-term returns, with PSU banks emphasizing better quality of their assets and retail.
This feature of spotting companies with high asset quality is one of the themes of the scheme’s portfolio. And it paid off. The scheme has achieved returns of 12.6 percent and 11.3 percent respectively in the last three-year and five-year periods, while its rivals have achieved average returns of 8.4 percent and 8.7 percent respectively in the same period.
The Axis Bluechip is a good fund and performing well. For long-term investors, this is a good option. If your investment horizon is 7 + years, then large and midcap funds like Mirae Asset Emerging Bluechip can be considered as superior returns. Midcap funds are ideal for long-term investment and can provide better growth and yields.
A large-cap portfolio will provide stability. But if you don’t want to take the extra risk of a midcap fund, then Axis bluechip fund direct plan growth is a super fund to invest in for the long term. Make sure that you periodically review the performance of the fund and monitor it to ensure that it is not an index and benchmark.
Axis Blue Chip is a large-cap fund with moderate to good returns; if you feel that you can achieve your goal, then you can definitely start SIP. Large-cap funds have better stability and less volatility than mid and small-cap funds. The output of the Axis Blue Chip Fund was above average levels.
What is your stated goal to invest in Axis Bluechip Fund Direct Plan-Growth?
- Long term investment for children’s education
- Investment for their future
- You can invest in your retirement
- Any other long-term growth that requires wealth creation in the future