Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl
Equity
Direct
Large-Cap
NAV: ₹ 25.71 as on 24-04-2024
Fund Performance
74 people have invested ₹ 1.3L in Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl in the last three months
About the Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Shreyash Devalkar, Ashish Naik. The fund could potentially beat inflation in the long-run.
Key Parameters
- Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl has ₹33523 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.7% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹33523 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 26.46% |
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
95.8%
Mid cap
2.3%
Sector Allocation
Financial Services
30.8%
Consumer Cyclical
15.4%
Consumer Defensive
10.5%
Tech
8.8%
Energy
8%
Industrial
7.5%
Health
6.3%
Communication
5.6%
Basic Materials
4.2%
Utilities
1.7%
Real Estate
1.3%
Top Holdings of Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl as on (31-Mar-24)
Equity Holdings45
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 4.15% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 3.89% in Mar'24
AUM Change
- AUM of the fund stands at 33.5K Cr as of Mar'24
- AUM increased by 877.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Avenue Supermarts Ltd | 20.1% |
 Bajaj Finance Ltd | 12% |
 Bajaj Auto Ltd | 8.1% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Tata Consultancy Services Ltd | -3.6% |
 UltraTech Cement Ltd | 0.6% |
Peer Analysis
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl Fund Manager
Shreyash Devalkar
Fund Manager of Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl, since 23 November 2016
Top funds managed
Ashish Naik
Fund Manager of Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl, since 3 August 2023
Top funds managed
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.26% since inception which is more than its category average return of 13.48%
Fund Allocations
This fund has an allocation of 98.12% in Equity, 0% in Debt and 1.88% in Cash related instruments
AUM size ₹33523 Cr
This fund has AUM of ₹33523 Cr which is more than its category average of ₹ 6123 Cr
Expense Ratio 0.7%
This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl is ₹25.71 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 2.44% | 2.44% |
6 Month Returns | 19.13% | 19.13% |
1 Year Returns | 31.58% | 31.58% |
3 Years Returns | 49.56% | 14.36% |
5 Years Returns | 102.66% | 15.17% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.7% as on March 2024
₹33523 Cr as on March 2024
ICICI Bank Ltd(7.73%), Reliance Industries Ltd(7.1%), HDFC Bank Ltd(6.82%), Bajaj Finance Ltd(6.55%), Avenue Supermarts Ltd(5.73%) as on March 2024
Financial Services(30.24%), Consumer Cyclical(15.09%), Consumer Defensive(10.35%) as on March 2024
The alpha ratio for the Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl | 2.04 | -3.35 | 0.73 |
As on March 2024
The alpha for Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl | 0.87 | 0.96 | 0.83 |
As on March 2024
The Beta for Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl | 2.34 | 0.62 | 0.64 |
As on March 2024
The sharpe ratio for Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl | 9.6 | 13.12 | 16.26 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.11 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Shreyash Devalkar, Ashish Naik are the fund managers of Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Bluechip Fund Direct Plan Reinvst of Inc Dis cum Cap Wdrl is 1%