Axis Bluechip Fund Direct Growth

It is an open-ended equity fund that invests primarily in large cap stocks and was created by the Axis Mutual Fund fund house in 2013. According to figures from the fund house, Axis Bluechip Fund Direct Plan-Growth looks back on the previous year. were 54.34%, and it has provided average annual returns of 18.02% since its inception as of September 30, 2021.

The fund’s expense ratio is 0.48%, which is comparable to other funds in the same category. The fund’s top five equity allocations are the finance, tech, service, healthcare, and construction sectors. Bajaj Finance Ltd., HDFC Bank Ltd., Infosys Ltd., ICICI Bank Ltd. and Tata Consultancy Services Ltd. are the top five holdings of the fund.

The net asset value (NAV) of the fund was Rs 52.96 as of October 22, 2021, and its assets under management (AUM) was Rs 33,153.71 Cr as of September 30, 2021. The systematic investment plan (SIP) can be started with as little as Rs 500, and the fund imposes an exit charge of 1% if units with a value greater than 10% are redeemed within one year of the investment date.

Period Annualized (%) Nifty 50 TRI Benchmark (%) S&P BSE SENSEX TRI Supplementary Benchmark (%)
Since its creation on 01 Jan 2013 18.02% 14.61% 14.98%
5 years 19.64% 16.81% 17.60%
3 years 22.27% 18.58% 19.03%
1 year 54.34% 58.54% 56.96%
Data as of September 30, 2021. Source: axismf.com
Canara Robeco Bluechip Equity Fund Direct Growth

Canara Robeco Bluechip Equity Fund Direct Growth

It is a large cap mutual fund of Canara Robeco Mutual Fund, and the 1 year returns of the fund are 56.01%, and it has provided average annual returns of 16.50% since its inception. beginnings. The financials, tech, energy, construction and healthcare sectors represent the majority of the fund’s equity exposure. Infosys Ltd., HDFC Bank Ltd., Reliance Industries Ltd., ICICI Bank Ltd. and Housing Development Finance Corpn. Ltd. are the top five holdings of the fund.

The fund has an expense ratio of 0.35% and an exit charge of 1%. As of October 22, 2021, the net asset value (NAV) of the fund was Rs 47.13, and its assets under management (AUM) was Rs 4,701 Cr as of September 30, 2021. With a minimum amount of Rs 100, you can start a systematic investment plan (SIP).

Period Canara Robeco Bluechip Equity Fund – Dir – Growth Plan benchmark (S&P BSE 100 TRI) Additional benchmark (S&P BSE Sensex TRI)
TCCA since inception 16.50% 14.70% 14.90%
1 year 56.01% 58.92% 56.96%
3 years 23.19% 18.51% 19.03%
5 years 18.78% 16.54% 17.60%
Data as of September 30, 2021. Source: canararobeco.com
Mirae Asset Emerging Bluechip Fund Direct Growth

Mirae Asset Emerging Bluechip Fund Direct Growth

It is an open-ended equity fund with a launch date of 2010 that invests in large and mid-capitalization companies. The fund invests 35-65% of its capital in the top 100 large-cap companies and 35-65% in the top 250 mid-cap companies, depending on market capitalization.

The direct growth returns of the Mirae Asset Emerging Bluechip fund over the past year have been 67.88%, with an average annual return of 26.11% since inception, according to the date of Groww. The fund’s top 5 equity allocations are across the financials, healthcare, tech, automotive and energy sectors. HDFC Bank Ltd., ICICI Bank Ltd., Axis Bank Ltd., Infosys Ltd. and State Bank of India are the fund’s top five holdings.

The fund has an expense ratio of 0.68% and a minimum SIP can be started from Rs 1000. The net asset value (NAV) of the fund was Rs 108.81 as of October 22, 2021, and its assets under management (AUM) was Rs 21,263.17 Cr as of September 30, 2021.

3 best Bluechip equity funds in 2021

3 best Bluechip equity funds in 2021

Funds 1 month returns 6 months of returns 1 year of returns 3 years back 5 years back Since inception
Axis Bluechip Fund 1.13% 26.58% 50.71% 25.93% 19.96% 18.05%
Canara Robeco Bluechip Equity Fund 2.01% 25.25% 52.33% 26.77% 18.87% 16.68%
Mirae Asset Emerging Bluechip Fund 3.07% 30.18% 67.88% 30.71% 21.58% 26.11%
Source: Groww
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