Returns are point to point and in %, calculated using Direct Plan – Growth option. Those depicted over 1-Yr are compounded annualised.
Data as on September 15, 2021
(Source: ACE MF)
*Please note, this table only represents the best performing funds based solely on past returns and is NOT a recommendation. Mutual Fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not an indicator for future returns. The percentage returns shown are only for indicative purposes.<\/strong><\/p>\n\n\n\n

Axis Bluechip Fund has done exceedingly well over the last few years, that has helped scale up its returns across time periods. Even though the fund has slightly trailed the benchmark and some of its peers in the last 1 year period, over the longer time horizon it has not only managed to generate significant alpha but has even evolved as a category outperformer. Over the longer time period of 5-years and 7-years, the fund stands among the toppers in the category and much ahead of the benchmark.<\/p>\n\n\n\n

The volatility registered by the fund is the lowest in the large cap funds category. Moreover, the Sharpe Ratio of the fund is currently among the best in the category and significantly ahead of its benchmark. Overall, Axis Bluechip Fund has been a clear outperformer and has rewarded investors with superior risk-adjusted returns.<\/p>\n\n\n\n

Investment strategy of Axis Bluechip Fund<\/strong><\/p>\n\n\n\n

Categorised under large cap funds, Axis Bluechip Fund is mandated to hold over 80% allocation to large caps, while the remaining can be in mid and small-caps. Axis Bluechip Fund is a growth oriented large-cap biased fund that primarily follows the bottom-up approach to pick stocks, with some tactical and structural calls to benefit from price corrections.<\/p>\n\n\n\n

Belonging to a process driven fund house, Axis Bluechip Fund focuses on investing in high quality stocks in the large cap segment having potential to grow cash flows over the medium to long term. Its portfolio is built utilising the bottom-up approach, focusing on appreciation potential of individual stocks from a fundamental perspective. It employs a `Fair value based’ research process to analyse the growth potential of stocks. The stocks are carefully selected to include companies having robust business models and enjoying sustainable competitive advantage as compared to their competitors.<\/p>\n\n\n\n

Unlike its peers that hold 45-50 stocks, Axis Bluechip Fund holds a compact portfolio of just around 30-35 stocks. Rather than adding too many names, the fund management believes in staying with known quality names and look for corporate governance, strong management, scalable and secular business model where they can invest for at least 3 to 5 years.<\/p>\n\n\n\n

Graph 2: Top portfolio holdings in Axis Bluechip Fund<\/em><\/strong><\/p>\n\n\n\n