How Can I Buy Axis Blue Chip Fund?

How do I choose a good mutual fund?

Top Tips for Picking a Winning Mutual FundStart With Your Goals and Risk Tolerance.

Pay Attention to the Expense Ratio—It Can Make or Break You.

Avoid Mutual Funds With High Turnover Ratios.

Look for an Experienced, Disciplined Management Team.

Find a Philosophy That Agrees With Your Own.

Buy No-Load Mutual Funds.More items….

Is SIP better than FD?

Fixed deposit is the best investment option for conservative investors only. … On the other hand, returns cannot be guaranteed in a systematic investment plan or an SIP. There is no doubt in the fact that an SIP provides higher returns in comparison to fixed deposits but there is no guarantee of returns in an SIP.

Is SBI Blue Chip Fund good?

Among large-cap schemes, investors can consider SBI Bluechip with an investment horizon of at least five years. A key characteristic of the scheme is that it stays away from momentum stocks and focuses on themes which do well only in the long-term.

How can I invest in Axis Blue Chip Fund?

Axis Bluechip Fund is available for investors in two types of schemes – Growth & Dividend….In order to start investing in a bluechip fund, an investor needs the following:PAN Card.Bank Account.KYC (Know Your Client)

Which is the best mutual fund to invest in 2020?

Scheme namePercentage (%)Mirae Asset Emerging Bluechip Fund- Regular Plan -G35ICICI Prudential Bluechip Fund – G35SBI Magnum Multicap – G10Mirae Asset Emerging Bluechip Fund- Regular Plan -G309 more rows•Aug 19, 2020

Which is better mutual fund or FD?

A Fixed Deposit offers pre-decided returns which do not change throughout the tenure of investments whereas Mutual Funds offer better returns on long-term investments as they are market-linked. Longer the tenure of investment, better the returns from Mutual Funds.

What is better SIP or lump sum?

Whereas with a lump sum investment, your money would buy fewer units of the mutual fund when markets are up and more units when they are down. … Less Stressful: A SIP investment is less stressful than a lump sum investment and may help you stay invested.

Is Axis Bluechip fund open ended?

Axis Bluechip Fund is an open-ended equity scheme predominantly investing in large cap stocks.

Is Axis Bluechip fund under 80c?

Review the performance of the fund you wish to invest in. Look at the performance over a range of 3 to 5 years before taking the plunge. ELSS comes with a lock-in of 3 years. *Investment up to 1.5 lakhs in ELSS is eligible for deduction from taxable income under Sec 80C of the Income Tax Act, 1961.

What does bluechip mean?

A blue chip is a nationally recognized, well-established, and financially sound company. … Blue chip companies are known to weather downturns and operate profitably in the face of adverse economic conditions, which helps to contribute to their long record of stable and reliable growth.

Which is better small cap or mid cap?

Speaking on the selection of category that a mutual fund investor may maintain while investing, Jhaveri said, “For long-term investment goals, one should choose small-cap mutual funds, for mid-term investment goals say from 3 years to seven years, a mid-cap mutual fund is the best bet while to avoid losses during the …

What is Axis Bank Blue Chip Fund?

Investment Objective of Axis Bluechip Fund To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.

Which Blue Chip Fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsAxis Bluechip FundEquity2.4%Mirae Asset Large Cap FundEquity1.8%Canara Robeco Bluechip Equity FundEquity9.8%Kotak Bluechip FundEquity4.2%12 more rows

Which is better sip or PPF?

SIP investment in mutual funds are ideal for all, short term, medium term and long term goals. They are ideal for wealth creation and fulfilment of goals. A PPF is ideally suitable for only long term investments of 15 years or more. … SIP investment in mutual funds do not have a defined lock-in period.

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)L&T Midcap Fund (Regular)1.65%7.86%Mirae Asset Large Cap Fund (Regular)10.46%12.47%DSP Mid Cap Fund (Regular)6.52%9.91%Invesco India Mid Cap Fund (Regular)6.11%8.67%8 more rows•Jan 23, 2020

Which is best Axis Mutual Fund?

Top 10 Axis Mutual FundsFund NameCategoryRatingAxis Bluechip FundEquity5starAxis Long Term Equity FundEquity5starAxis Midcap FundEquity5starAxis Focused 25 FundEquity5star12 more rows

Is Axis Bluechip Fund a good investment?

Their inherent advantages such as a strong balance sheet, brand power and market share help them tide over these conditions better than mid- and small-cap companies, especially when the demand environment is weak. One equity scheme suitable in the current scenario is Axis Bluechip Fund.

What are the top 5 mutual funds?

Large-Company Stock Funds – 5 yearsFUND NAMESYMBOL5-YR RETURNMorgan Stanley Multi Cap Growth ACPOAX26.67%Morgan Stanley Instl Growth Portfolio AMSEGX23.68RidgeWorth Aggressive Growth Stock ASAGAX23.49Transamerica Capital Growth AIALAX23.16 more rows

Is Axis bluechip ELSS?

The Scheme is an open-ended equity scheme predominantly investing in large cap stock. The investment objective of the Scheme is to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.