How Is Axis Blue Chip Fund?

What is Axis Bank Blue Chip Fund?

The broader investment objective of a Blue-chip Fund is capital appreciation (i.e.

outperforming its benchmark index) by investing in a diversified portfolio of equity and equity-related securities of large-cap companies..

Which SIP is best for 1 year?

Best SIP Plans for the Year 2020Fund NameMonthly Investment1 Year ReturnsFranklin India Focused equity Fund500012.47%HDFC Balance Advantage Fund50003.1%ICICI Prudential Bluechip Fund500012.02%Kotak Standard Multicap Fund500018.19%6 more rows•Aug 24, 2020

Is SIP returns tax free?

Each SIP is considered to be new investment. Hence, after 12 months, if you decide to redeem your entire accumulated corpus (investments plus gains), all your gains will not be tax-free. Only the gains earned on the first SIP would be tax-free because only that investment would have completed one year.

What are the top 5 mutual funds?

Top 5 Biggest Mutual FundsVanguard Total Stock Market Index Fund Admiral Shares (VTSAX)Fidelity 500 Index Fund (FXAIX)Vanguard Institutional Index Mutual Fund (VINIX)Fidelity Government Cash Reserves (FDRXX)Vanguard Federal Money Market Fund (VMFXX)

Which SIP is best for 3 years?

Best SIP Investment Plans in IndiaSIP PlansType3 YearHDFC Prudence Fund(G)Balanced Fund9.02%HDFC Small Cap FundEquity Fund21.52%ICICI Prudential Balanced Advantage FundBalanced Fund9.16%ICICI Prudential Equity & Debt FundEquity Fund11.11%27 more rows•Jul 12, 2020

Is Axis Mutual Fund Safe?

Yes, it is safe to invest with Axis Mutual Fund like any other reputed mutual fund provider. The company is registered with SEBI, AMFI and other regulatory bodies.

Which SIP plan is best?

6. Best SIP Equity Funds India 2021Fund Name5-Year ReturnsLinkAxis Blue Chip Fund8.81%Invest NowICICI Prudential Bluechip Fund Growth6.07%Invest NowSBI Bluechip Fund Regular Growth5.29%Invest NowAditya Birla Sun Life Frontline Equity Fund Growth4.59%Invest Now1 more row•Jan 4, 2021

What is better SIP or lump sum?

The answer to this question depends on the stock market conditions. During upward trends, the lump sum mode of mutual fund investment tends to give relatively higher returns whereas during falling markets, investments made via a SIP generally provides better returns than a lump sum investment.

Is Axis Bluechip Fund a good investment?

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.

Which Blue Chip Fund is best?

Best Bluechip Mutual Funds 2021Axis Bluechip Fund. (Erstwhile Axis Equity Fund) … Canara Robeco Bluechip Equity Fund. (Erstwhile Canara Robeco Large Cap+ Fund) … Edelweiss Large Cap Fund. (Erstwhile Edelweiss Large Cap Advantage Fund)

Which is better sip or PPF?

SIP investment in mutual funds are ideal for all, short term, medium term and long term goals. They are ideal for wealth creation and fulfilment of goals. A PPF is ideally suitable for only long term investments of 15 years or more. … SIP investment in mutual funds do not have a defined lock-in period.

Is SIP better than FD?

Fixed deposit is the best investment option for conservative investors only. … On the other hand, returns cannot be guaranteed in a systematic investment plan or an SIP. There is no doubt in the fact that an SIP provides higher returns in comparison to fixed deposits but there is no guarantee of returns in an SIP.

Which SIP is best for 5 years?

Best SIP Plans for 5 Years in Equity FundsAxis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance. … ICICI Prudential Blue chip Fund. … SBI Blue chip Fund. … Mirae Asset Large Cap Fund. … SBI Multicap Fund.

Which mutual fund gives highest return?

Here’s a look at five such schemes:Axis Bluechip Fund. 5-year SIP returns: 15.57% … AXIS Focused 25 Fund. 5-year SIP returns: 15.25% … IIFL Focused Equity Fund. 5-year SIP returns: 14.71% … SBI Focused Equity Fund. 5-year SIP returns: 13.69% … Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%

Is Axis multicap fund good?

Axis Multicap is indeed an inviting prospect. A good fund manager with an impressive dossier, a low expense ratio for the direct plan (although possibly temporary) and good performance in its short history. The main problem is the possibility of rapid AUM growth thanks to banking channels.

How is Axis Bluechip fund?

Pros & Cons of Axis Bluechip Fund With a 7-year return of 14.86%, the fund has outperformed the benchmark index (12.33%) and the category average (12.21%). This Scheme has an impressive track record of out-performance. … The fund has proven to a dependable offering in this category.

Which PPF is best?

SBI PPF Account. SBI PPF is a government-regulated PPF account scheme, which is distributed through SBI branches.SBI PPF deposits allow a maximum limit of ₹ 1.50 Lakh per annum, for a maximum tenure of 15 years. … ICICI PPF Account. … HDFC Bank PPF Account. … India Post Office PPF Account.

Is PPF better than LIC?

The Public Provident Fund tends to provide a far superior rate of returns compared to an LIC policy like Jeevan Anand. What you should do is invest in the PPF and take a term policy online, which is cheaper and faster. In the term policy you do not get your money back, but, you are provided with solid insurance.

Is SIP good or bad?

If you are an investor with a small but regular amount of money available for investment, SIPs can be a more suitable investment option. For investors with a relatively high investment amount and risk tolerance, lump-sum investments may be more beneficial.

How can I earn 50 lakhs in 5 years?

How Can You make Rs. 50 lakh in 5 years?1.HDFC Small Cap Fund.2.L&T Emerging Businesses Fund.Parag Parikh Long Term Equity Fund.Mirae Asset India Equity Fund.The Moderate Investor.1.Invesco India Contra Fund.Axis Focused 25 Fund.3.Principal Focused Multicap Growth Fund.More items…•

Which SIP is best for 10 years?

Large-Cap SchemesScheme Name5-Year Monthly SIP10-Year Monthly SIPICICI Pru Top 100 Fund (G)Rs.9,41,59118.43%Quantum LT Equity Fund (G) – Direct PlanRs.9,15,69517.27%Reliance Growth Fund (G)Rs.10,75,05724.01%SBI BlueChip Fund – Reg (G)Rs.9,55,95519.07%6 more rows