About Axis Bluechip Fund Direct Growth
Axis Bluechip Fund is a large-cap mutual fund that invests in the top 100 companies of India, ranked by their market capitalization. Bluechip stocks are established businesses with a long-term track record and significant global markets.
The fund invests at least 80% of its assets in blue-chip companies, and the remaining is invested across equities of other companies, debt and money market instruments, REITs and InvITs. The benchmark for this fund is the Nifty 100 TRI Index, which helps them measure the fund’s performance against a broader market of large-cap companies.
Investment Strategy
Axis Bluechip Fund follows a high-conviction, research-driven investment strategy focused on quality and long-term growth. The fund primarily invests in large-cap companies with:
- Strong Return on Equity (ROE)
- Proven and scalable business models
- Secular growth potential
- Sound corporate governance practices
The portfolio is carefully constructed with a balanced mix of 60% market leaders and 40% emerging challengers, allowing it to capture both stability and upside potential.
Risk is actively managed by maintaining a highly liquid portfolio and targeting volatility levels lower than the benchmark, helping reduce drawdowns during market corrections.
Taxation On Axis Bluechip Fund Direct Growth
Axis Bluechip will be taxed like every equity mutual fund. The taxation on your gains from this fund depends on your holding period. If you sell your holdings within 12 months, it is a short-term capital gain and is taxed at 20%.
If you hold your investments for longer than 12 months, it is a long-term capital gains. LTCG enjoy an exemption of up to ₹1,25,000. The gain after that is taxed at 12.5%.
Allocation & Historical Returns
Currently, the fund's portfolio comprises 0.0% small-cap stocks, 84.90% large-cap stocks, and 4.90% mid-cap stocks.
With an AUM of ₹33218.0 crores, Axis Bluechip Fund Direct Growth generated a return of 8.3% in 1 year, 13.6% in 3 years, 17.9% in 5 years. while its benchmark index (Nifty 100) generated 6.7% in 1 year, 14.1% in 3 years, and 21.0% in 5 years.
Axis Bluechip Fund Direct Growth Overview
| Expense ratio | 0.7% |
Benchmark | BSE 100 India TR INR |
| AUM | ₹33218 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 39.33% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Axis Bluechip Fund Direct Growth
Trailing Returns
as on (09-May-25)
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 6.25% whereas the fund’s underlying benchmark Nifty 100 returns stands at 6.85% as on Mar'25
- This fund underperformed Nifty 100 by 0.61% in Mar'25
- AUM of the fund stands at 32.3K Cr as of Mar'25
- AUM increased by 1.8K Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Consumer Cyclical & Tech
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.69% | -2.1% | |
 ICICI Bank Ltd | 8.82% | 0% | |
 Bharti Airtel Ltd | 5.59% | 6.4% | |
 Bajaj Finance Ltd | 5.08% | 5.4% | |
 Infosys Ltd | 4.35% | -20.1% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Axis Bluechip Fund Direct Growth | 8.29% | 13.6% | 17.91% | 14.73% |
 DSP Large Cap Fund Direct Plan Growth | 16.07% | 21.27% | 23.34% | 12.81% |
 Mirae Asset Large Cap Fund Direct Plan Growth | 11.86% | 14.83% | 21.95% | 16.16% |
 SBI Bluechip Fund Direct Growth | 10.97% | 16.63% | 23.33% | 15.32% |
Top Growth Drivers | 1M Return |
|---|---|
 ICICI Bank Ltd | 5.9% |
 Bharti Airtel Ltd | 5.2% |
 HDFC Bank Ltd | 4.6% |
Mutual Fund Insights
Axis Bluechip Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹33218 Cr
Expense Ratio 0.7%
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3Y CAGR
▲ 25.44
3Y CAGR
▲ 23.80
3Y CAGR
▲ 23.52
3Y CAGR
▲ 21.37
5Y CAGR
▲ 31.89
Frequently Asked Questions for Axis Bluechip Fund Direct Growth
Axis Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.91% | 4.91% |
6 Month Returns | -0.18% | -0.18% |
1 Year Returns | 8.29% | 8.29% |
3 Years Returns | 46.58% | 13.6% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Axis Bluechip Fund Direct Growth | -0.11 | -1.77 | -3.55 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Axis Bluechip Fund Direct Growth | 0.94 | 0.94 | 0.95 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Axis Bluechip Fund Direct Growth | 0.14 | 0.43 | 0.81 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Axis Bluechip Fund Direct Growth | 14.79 | 13.62 | 14.11 |