Mr. Shreyansh Dewalkar is the fund manager. It is the best performing fund in the large-cap category. It has outpaced its rivals and has consistently given good returns over time. It is ranked number one in the large-cap category by analysts.

Mr. Shreyash Dewalkar is at the helm of the project since November 2016. His performance was a bit choppy as of late, but his track record overall was good. Based on performance, he is considered one of the top 10 percent of fund managers in India.

Yes, you get it — past investment results and performance of the fund manager. The overall outlook is positive. Go ahead and decide. Axis Bluechip Fund Direct Plan Growth is the best performing fund in the large-cap category. It has outpaced its rivals and has consistently given good returns over time. It is ranked number one in the large-cap category by analysts.

Objective of the Axis Bluechip Fund Direct Plan-Growth

The main objective of the Axis Bluechip Fund – Direct Plan (G) is to achieve long-term capital appreciation by investing primarily in equity and equity-related securities in diversified portfolios.

Axis Bluechip Fund Direct Plan-Growth was launched in India on 1st January 2013. Currently, its fund manager is Shreyash Devalkar, and he is managing all these funds. It has an AUM of about Rs 10,212 crore, and the latest level of NAV is about 34.99 on 30th January 2020.

It is a valuation of moderately high-risk fund investments. An investor can invest in Axis Bluechip Fund Direct Plan-Growth through SIP, and minimum SIP investments are Rs. 500. The minimum investment in lamps is 5000. For units with more than 10 percent of the investment, the rebate will be charged 1 percent within 12 months.

Here you can understand by the example:

One of my friends started investing through Rs. 16,000 SIP in Axis Bluechip Mutual fund only since Apr 2018 and happened to noted that it had performed decently in this short period, giving a return of 10.52%.

Axis Bluechip Fund growth- Over the past 3 and 5 years, the scheme has yielded more than 15 percent and 14 percent annual returns. Launched in January 2010, it is a top-performing fund in the large-cap category and has generated around 12 percent returns since its launch. Since its inception, the fund has beaten category averages and benchmark returns.

SIP return of Axis Bluechip Fund has also been excellent as the fund has generated annual returns of over 13.5 percent since its inception, Mutual Fund SIP Returns in India, Equity: Large Cap-A Monthly Rs 3,000 SIP will be priced at Rs 6.44 lakh as against an investment of Rs 3.36 lakh.

Note: With a minimum investment period of 5 years, I would advise you to go ahead and invest in this scheme. Consider investing in a SIP instead of a lump sum. Large-cap funds are less volatile than midcap and small-cap funds, so the returns produced are proportionate.