Question: Is Axis Bluechip Fund A Good Investment?

Is it safe to invest in bluechip?

Blue-chip funds, or commonly known as large-cap funds, are relatively safe.

When compared to funds that invest in mid-cap and small-cap stocks, funds that invest in large-cap stocks are safer.

Investments for the long-term in large-cap stocks do well because these are established companies..

Is Axis bluechip ELSS?

The Scheme is an open-ended equity scheme predominantly investing in large cap stock. The investment objective of the Scheme is 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.

What is Blue Chip Fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.

Which Axis Mutual Fund is best?

Top 10 Axis Mutual FundsFund NameCategoryRiskAxis Bluechip FundEquityModerately HighAxis Long Term Equity FundEquityModerately HighAxis Midcap FundEquityModerately HighAxis Focused 25 FundEquityModerately High12 more rows

Is Axis Blue Chip Fund Tax Saver?

ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.

Which Blue Chip Fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsAxis Bluechip FundEquity8.7%Mirae Asset Large Cap FundEquity7.0%Canara Robeco Bluechip Equity FundEquity15.8%Kotak Bluechip FundEquity9.1%12 more rows

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.

What is the best month to invest in PPF?

April 5Therefore, if you are planning to invest a lump sum in your PPF account, financial planners recommend that you do it before April 5, in order to get the maximum amount of interest for your deposits. For monthly investments, you must deposit the money in your PPF account before fifth of every month.

Is GM a blue chip stock?

Blue-chip stocks have changed over the years as the economy shifted with some of them cutting dividends while others were removed like General Electric Co. (GE) and General Motors Co. (GM). … Today’s blue-chip stocks include companies like Coca-Cola Co.

What is better SIP or lump sum?

Whereas with a lump sum investment, your money would buy fewer units of the mutual fund when markets are up and more units when they are down. … Less Stressful: A SIP investment is less stressful than a lump sum investment and may help you stay invested.

What is Axis Blue Chip?

blue chip mutual funds invest predominantly in large companies. … The Axis Bluechip Fund aims to outperform the benchmark with risk lower than the benchmark.

How can I invest in Axis Blue Chip Fund?

Axis Bluechip Fund is available for investors in two types of schemes – Growth & Dividend….In order to start investing in a bluechip fund, an investor needs the following:PAN Card.Bank Account.KYC (Know Your Client)

Which PPF is best?

Below is the list of banks offering PPF account:State Bank of India or SBI PPF Account.HDFC Bank.ICICI Bank.Central Bank of India.Union Bank of India.BOI – Bank of India.Bank of Maharashtra.BOB – Bank of Baroda.More items…•

Which is the best PPF plan?

List of Banks Offering PPF AccountIndian Overseas Bank.Oriental Bank of Commerce.Punjab National Bank.State Bank of India (online facility available)Syndicate Bank.Union Bank of India.United Bank of India.Vijaya Bank.More items…•

Which blue chip stocks pay the highest dividends?

Upgrade and Unlock the DARS Rating for Every StockStock SymbolCompany NameDividend YieldCVXChevron Corp6.30%IBMIBM Corp5.33%WBAWalgreens Boots Alliance, Inc.5.04%PFEPfizer4.18%25 more rows

How is Axis Blue Chip Fund?

In the past five-year and ten-year periods, the scheme has given 6.5% and 9.6% returns, respectively, while its peers have given average returns of 1.6 % and 6.3%, respectively, over the same periods. More than 95% of the scheme’s portfolio is invested in blue-chip and large-cap companies.

Is Axis Bluechip fund good?

Firstly, all bluechip funds invest in large companies with strong track records and Axis Bluechip has delivered a strong performance. If you look at its performance in the last five years, its return has been about 8 per cent today, which is better than that of very weak performers.

What are the top 5 mutual funds?

Large-Company Stock Funds – 5 yearsFUND NAMESYMBOL5-YR RETURNMorgan Stanley Multi Cap Growth ACPOAX26.67%Morgan Stanley Instl Growth Portfolio AMSEGX23.68RidgeWorth Aggressive Growth Stock ASAGAX23.49Transamerica Capital Growth AIALAX23.16 more rows