Axis Bluechip Fund: Performance Report (2023)

FAQs

Why Axis Bluechip fund is not performing well? ›

This fund is managed with a growth-oriented approach, and post Covid, growth style of investing has been out of favour. This resulted in the fund delivering a rather underwhelming performance in 2021 and this year so far.

The axis mutual fund has found irregularities in February, 2022 that few fund managers were involved in allegations in the front running. Front running means a broker or fund manager has exclusive information about the stocks being purchased or sold in huge quantities and use such information for personal benefits.

However, the Axis Bluechip fund is an outlier. It has consistently beaten its benchmark in the past 8 out of 10 calendar years. Only recently, that is, in 2021 and 2022, the fund has underperformed its peers and benchmark.

Is Axis Bluechip Fund (G) good to invest in? As per Scripbox experts, Axis Bluechip Fund (G) is a Neutral fund. You can investAxis Bluechip Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

The problem is that investors look for a thrill in the stock market and mutual funds. They don't like boring investments and passive investment is very boring. On top of that, you know that passive funds can't beat the benchmark, so there is no excitement.

1. Current NAV: The Current Net Asset Value of the Axis Bluechip Fund as of Dec 12, 2022 is Rs 44.48 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: -11.84% (1yr), 11.5% (3yr), 11.75% (5yr) and 12.05% (since launch).

Investors are waiting for the results of a Sebi investigation into allegations of frontrunning by some former employees. Accusations of frontrunning by Axis Mutual Fund employees have led to probes by market regulator Sebi and also by the AMC, which has appointed external agencies.

Sure, several schemes of Axis MF and Mirae Asset have been underperforming for some time. Short-term underperformance is not unusual in the equity mutual fund universe. Every strategy goes through ups and downs in various phases in the market.

Is Icici better than axis? ›

The best bluechip funds are known for offering excellent returns over the long term. So, you must stay invested for a long duration (at least 5 years) for high returns. Although bluechip funds carry less risk than many other equity investments, you need to have a high-risk appetite to invest in them.

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.

While Bluechip is predominantly a large-cap fund, Flexicap, on the other hand, has the flexibility to invest across different market capitalization. Thus, with Bluechip your portfolio will remain biased towards large-cap stocks, while with Flexicap, it can vary from time to time.

Market cap is a measure of the size and value of a company. Blue-chip stocks are often large-cap stocks, which typically means they have a market valuation of $10 billion or more. Growth history. Blue-chips have a reliable, solid history of sustained growth and good future prospects.

Blue-chip stocks are seen as relatively safe investments, with a proven track record of success and stable growth. Although blue chips are reliably stable, they are unlikely to generate the same high returns as potentially riskier investments.

Which SIP has highest return? ›

Assured returns: Blue-chip stocks generate returns quarterly in the form of dividends. The fact that companies that are well-established also serve as a safe investment avenue for most investors. With this safety comes the assurance of earning steady but guaranteed returns.

ICICI bluechip funds can be started by investing Rs. 100 minimum as SIP (Systematic investment plan). The expense ratio is about 1.1%, which is comparatively higher when compared to the Axis blue chip fund. Axis bluechip fund can be started by investing Rs.

Since they are market-linked, these funds get affected when the market goes down and this is why there are chances of loss in mutual funds too. Now many times when the markets are down, such as now, investors panic and take decisions that may not be in their best interests.

Account Type - both the brokers offers 3-in-1 account which includes bank, trading and demat account. Algo Trading - Zerodha offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - AxisDirect offers a margin funding where Zerodha doesn't offers margin funding.

Around 84% of the large & mid cap schemes also failed to beat their benchmarks. Most equity-linked saving schemes (ELSS) also underperformed their benchmarks. Out of 26 schemes, 19 ELSS schemes underperformed their benchmarks.

Axis Long Term Fund is one of the toppers in the tax saving or ELSS category. However, the scheme has underperformed its benchmark in 2021. It is underperforming even in this year. For example, the scheme has given around 24% in 2011, compared to 31.69% returns offered by its benchmark and 31.92% by the category.

All funds carry some level of risk. With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.

Is it safe to continue Axis Mutual Fund? ›

Though things are yet to become clear, but of all that is known about this incident for now, it is unlikely that there are any repercussions on the schemes of Axis Mutual Fund.

Take a look at the comparison of SBI Personal Loan & Axis Bank Personal Loan. The interest rate of Axis Bank personal loan is 12% to 24% whereas SBI personal loan interest rate ranges from 11% to 14%. The penalty interest on the due EMI payment is the same as 2% per annum.

SBI Small Cap Fund delivered the highest return of 24.27% in 10 years, followed by Nippon India Small Cap Fund which offered 24.02% returns in the same period.

So, a mutual fund SIP investor investing for 20 years can expect 15 per cent return on one's money if the mutual fund plan has been chosen with proper home work.

It is the second section in the comparison of both the schemes. The comparison of performance section reveals that in most time intervals, the returns generated by Axis Focused 25 Fund is higher as compared to the returns generated by SBI Blue Chip Fund.

Is it good to invest in Axis Bluechip fund Direct Growth? ›

Current NAV: The Current Net Asset Value of the Axis Bluechip Fund - Direct Plan as of Nov 22, 2022 is Rs 49.69 for Growth option of its Direct plan. 2. Returns: Its trailing returns over different time periods are: -10.83% (1yr), 12.82% (3yr), 13.15% (5yr) and 14.95% (since launch).

Mutual fund investments are subject to market risks. If market is weak, it is very unlikely that your equity mutual fund investments will do well. From a performance perspective, you should evaluate the performance of your schemes on a relative basis, relative to the market benchmark and its peers.

In early May, Axis Mutual Fund said it had put Joshi and another fund manager, Deepak Agrawal, under suspension pending an internal probe into potential irregularities. Soon after, people familiar with the matter told Bloomberg that SEBI was investigating whether the two men were involved in front running.

While SIPs can sometimes lead to negative returns over a long period of time, over longer periods the number of periods of negative returns reduces (Read: SIP Smartly) Systematic investing also helps to navigate volatile markets and negate negative returns.

Yes, it may shock some of your stock market experts. However, if you speak to investors who have been investing for a decade or more, they may tell you that they have experienced similar scenarios in the past. Coming back the present, yes, most equity mutual funds have lost money in the last three months.

Is it good to invest in Axis Mutual Fund now? ›

The Axis Long Term Equity Fund is a very successful fund. It has been around for more than 10 years and has delivered over 18% annual returns since inception. Remarkably, the fund's performance has been high and consistent.