Axis Bluechip Fund Direct Growth

Axis Bluechip Fund is a large-cap mutual fund that invests in the top 100 companies of India, ranked by their market capitalization. Bluechip stocks are established businesses with a long-term track record and significant global markets.

The fund invests at least 80% of its assets in blue-chip companies, and the remaining is invested across equities of other companies, debt and money market instruments, REITs and InvITs. The benchmark for this fund is the Nifty 100 TRI Index, which helps them measure the fund’s performance against a broader market of large-cap companies.

Investment Strategy

Axis Bluechip Fund follows a high-conviction, research-driven investment strategy focused on quality and long-term growth. The fund primarily invests in large-cap companies with:

- Strong Return on Equity (ROE)

- Proven and scalable business models

- Secular growth potential

- Sound corporate governance practices

The portfolio is carefully constructed with a balanced mix of 60% market leaders and 40% emerging challengers, allowing it to capture both stability and upside potential.

Risk is actively managed by maintaining a highly liquid portfolio and targeting volatility levels lower than the benchmark, helping reduce drawdowns during market corrections.

Taxation On Axis Bluechip Fund Direct Growth

Axis Bluechip will be taxed like every equity mutual fund. The taxation on your gains from this fund depends on your holding period. If you sell your holdings within 12 months, it is a short-term capital gain and is taxed at 20%.

If you hold your investments for longer than 12 months, it is a long-term capital gains. LTCG enjoy an exemption of up to ₹1,25,000. The gain after that is taxed at 12.5%.

Allocation & Historical Returns

Currently, the fund's portfolio comprises 0.0% small-cap stocks, 84.45% large-cap stocks, and 4.67% mid-cap stocks.

With an AUM of ₹33218.0 crores, Axis Bluechip Fund Direct Growth generated a return of 11.5% in 1 year, 16.4% in 3 years, 19.1% in 5 years. while its benchmark index (Nifty 100) generated 10.5% in 1 year, 17.0% in 3 years, and 22.4% in 5 years.