Axis Bluechip Fund Growth

• Alpha 3.46%
• Beta 0.80
• Sharpe Ratio0.66
• Std Deviation 14.73%
• Tracking Error 7.49%

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. However, there can be no assurance that the investment objective of the Scheme will be achieved.

The Axis Bluechip Fund Growth has an AUM of 32153.40 crores & has delivered CAGR of 11.88% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.57%. The minimum investment in Axis Bluechip Fund Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

The top holdings of the fund include HDFC Bank, ICICI Bank, Bajaj Finance & Avenue Supermarts.

The major sectors where the fund is invested are Regional Banks, Consumer Financial Services, Software & Programming & Retail (Grocery).

Some of the similar funds are SBI Bluechip Fund Regular Growth, HDFC Top 100 Fund Growth, Mirae Asset Large Cap Fund Regular Growth, Aditya Birla Sun Life Frontline Equity Fund Growth, Axis Bluechip Fund Growth. Axis Bluechip Fund Growth has a sharpe ratio of 0.66 & a standard deviation of 14.73%.