Is Axis Blue Chip Fund Good?

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..

How is Axis Blue Chip Fund?

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.

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.

What is the best month to invest in PPF?

Even though the interest on PPF deposits is calculated and becomes due every month, it is credited only at the end of the financial year. Hence, if you are also planning to invest in PPF in the new financial year 2020 to save tax or simply as an investment then you should do it before the 5th of April.

Is Axis Bluechip Fund a good investment?

Axis Bluechip Fund has a moderately high risk. It has good long term returns. If you are an aggressive investor and looking for good returns over the long term, you can choose the scheme. You can visit Axis Mutual Fund investment platforms and start investing in this scheme through SIP or lumpsum.

Is Axis Bluechip fund comes under 80c?

Consider that Axis Mutual Fund can help you save tax up to Rs. … This is an open-ended ELSS savings scheme with a 3-year lock-in period. It provides tax benefits up to Rs. 47,668 under section 80C of the Income Tax Act, 1961.

Is Axis Small Cap Fund good?

The fund started its open-ended journey with 25% cash (end-Nov 2018). Even by Mar-end 2019, the cash level was 23%. Aug-end 2019, it is still 21%. When combined with a good amount of mid cap stocks, Axis Small Cap was able to protect investors from loss over the last 1.5 years.

Which is best mutual fund or PPF?

In conclusion, mutual funds will be more beneficial to one’s portfolio, considering the above factors. One can avail tax benefit from both i.e. PPF as well as ELSS category of mutual funds under section 80C of the Income Tax Act, 1961. However, mutual funds provide you the additional benefit of diversification.

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 Bluechip fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsCanara Robeco Bluechip Equity FundEquity8.1%Invesco India Largecap FundEquity1.9%Kotak Bluechip FundEquity2.4%BNP Paribas Large Cap FundEquity1.5%12 more rows

Which is the best mutual fund to invest in 2020?

Scheme namePercentage (%)Axis Bluechip Fund – G25ICICI Prudential Bluechip Fund – G15Motilal Oswal Multicap 35 Fund – G10Aditya Birla Sun Life Regular Savings Fund -G507 more rows•Oct 16, 2020

Which mutual fund is best?

Here is the list of top 10 schemes:ICICI Prudential Equity & Debt Fund.Mirae Asset Hybrid Equity Fund.Axis Bluechip Fund.ICICI Prudential Bluechip Fund.L&T Midcap Fund.DSP Midcap Fund.L&T Emerging Businesses Fund.HDFC Small Cap Fund.More items…•

Which is the best multicap fund?

Top 10 Multi Cap Mutual FundsFund NameCategoryRiskICICI Prudential Retirement FundEquityModerately HighDSP Equity FundEquityModerately HighAxis Multicap FundEquityModerately HighUTI Equity FundEquityModerately High12 more rows

Is PPF really worth?

Unfortunately, the PPF is not a great investment. The other major alternative for tax-saving investments, ELSS mutual funds, provide far higher returns. … PPF has a lock in period of 15 years, so let’s take that as the period we consider. The maximum allowable investment under Section 80C is Rs 1.5 lakh.

Is Axis Bluechip fund open ended?

Axis Bluechip Fund is an open-ended equity scheme predominantly investing in large cap stocks. … However, there can be no assurance that an investor’s investment objective will be achieved through this scheme.

Is SIP tax free?

Do all investments through SIP have tax benefits? Only investments in ELSS mutual funds through SIP have tax exemption of up to Rs 1.5 lakh a year under Section 80C.

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.

Which is the best Axis Mutual Fund?

Top 10 Axis Mutual FundsFund NameCategoryRatingAxis Bluechip FundEquity5starAxis Long Term Equity FundEquity5starAxis Midcap FundEquity5starAxis Focused 25 FundEquity5star12 more rows