Axis Bluechip Mutual Fund, Should start SIP in 2020?

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Axis Blue Chip Fund For 2020
Axis Blue chip Fund For 2020

Axis Mutual Fund is a good fund house, and Axis Bluechip Mutual Fund is an open-ended mutual fund that means that you can anytime withdraw your fund. Their main objective is to generate good profits in the long run by investing funds in large-capitalization companies. Last year, this fund has been in the number one position in its category.

Axis Blue Chip Fund For 2020
Axis Bluechip Mutual Fund For 2020

The 1,3,5 years performance of this fund has been in the top 3 in its category. It is an equity fund and comes in the large-cap category. This direct fund was launched on 01 January 2013 and the regular fund was launched on 05 January 2010. So it is a very old fund.

You can start a SIP of MINIMUM at least Rs 500 and for a lumpsum plan of minimum Rs 5000 in this fund. The expense ratio of this fund is 0.62%, which is quite low.

The fund manager of this fund is Shreyash Dewakar, who has been managing this fund since 2016. He has a good experience and also manages 3-4 funds. Funds have been invested in different sectors in the index And Majorly invested in Finacial Sectors.

The Fund is 7-10 years old and they having good experience with market movements. So that it will be a good fund to invest and stay invested for a long time.

This is my opinion about Axis Bluechip Mutual Fund. You can start SIP with this fund for good returns.

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