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.
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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