Question: How Is Axis Blue Chip Fund?

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..

What is the highest return mutual fund?

Here is the list of top 10 schemes:ICICI Prudential Equity & Debt Fund.Mirae Asset Hybrid Equity Fund.Axis Bluechip Fund.ICICI Prudential Bluechip Fund.L&T Midcap Fund.DSP Midcap Fund.L&T Emerging Businesses Fund.HDFC Small Cap Fund.More items…•

Which mutual fund gave highest return?

SBI Bluechip Fund.Aditya Birla Sun Life Tax Relief 96.SBI Small Cap Fund.ICICI Prudential Bluechip Fund.Canara Robeco Bluechip Equity Fund.Kotak Emerging Equity Fund.Mirae Asset Tax Saver Fund.Tata India Tax Savings Fund.More items…

Which SIP plan is best?

Best SIP Investment Plans 2020Fund Name3 Year ReturnsLinkDSP Equity Opportunities Fund-1.23%Invest NowMotilal Oswal Long Term Equity Fund-1.75%Invest NowAditya Birla Sun Life Pure Value Fund-11.95%Invest NowHDFC Equity Fund-3.98%Invest Now6 more rows•Oct 28, 2020

Is Axis Bluechip Fund a good investment?

The Axis Bluechip Fund aims to outperform the benchmark with risk lower than the benchmark. Axis Bluechip Fund holds asset class benefits. Equity as an asset class holds the potential to beat inflation and generate long term wealth.

Is Axis Bluechip fund comes under 80c?

This is a diversified fund that will invest across sectors and industries. The main purpose that it serves is helping you in availing tax deductions under Section 80C of Income Tax Act, 1961….Investment Ideas:Scheme NameICICI PRUDENTIAL BLUECHIP FUNDCategoryLARGE CAP3 Years10.125 Years11.0510Years14.147 more columns•Nov 15, 2018

What is Blue Chip Fund?

A blue-chip mutual fund is the one that invests in blue-chip stocks or shares, i.e. in well-established companies with excellent overall financial performance. In this article, we will learn more about blue-chip funds, how they work and much more. Origin of Blue Chip.

Which MF gives highest return?

Aditya Birla Sun Life Frontline Equity Fund. MultiCap Funds. 4.58% 10.03% Invest.L&T India Value Fund. Balanced Funds. 2.56% 10.33% Invest.Mirae Asset Emerging Bluechip Fund. Balanced Funds. 10.33% 17.51% Invest.Kotak Standard Multicap Fund. Balanced Funds. 6.32% 12.45% Invest.Axis Focused 25 Fund. Balanced Funds. 12.1% 16.44%

Is SIP tax free?

A customer can choose any investment period. … Only investments in ELSS mutual funds through SIP have tax exemption of up to Rs 1.5 lakh a year under Section 80C.

Which Blue Chip Fund is best?

Best Bluechip Mutual Funds 2020Axis Bluechip Fund. (Erstwhile Axis Equity Fund) … Canara Robeco Bluechip Equity Fund. (Erstwhile Canara Robeco Large Cap+ Fund) … Edelweiss Large Cap Fund. (Erstwhile Edelweiss Large Cap Advantage Fund)

Is Axis Bluechip fund open ended?

Axis Bluechip Fund is an open-ended equity scheme predominantly investing in large cap stocks. … Equity as an asset class holds the potential to beat inflation and generate long term wealth.

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.

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020

What is Axis Bank Blue Chip Fund?

The broader investment objective of a Blue-chip Fund is capital appreciation (i.e. outperforming its benchmark index) by investing in a diversified portfolio of equity and equity-related securities of large-cap companies.

Which SIP is best for 20 years?

Best SIP Plans to invest in for 20 yearsHDFC growth and prudence fund. … Mirae Asset Bluechip Fund. … Franklin India Feeder. … SBI Small Cap Fund. … Motilal Oswal Equity Fund (long term) … HDFC Hybrid Equity Fund. … Aditya Birla Sun Life Fund. … ICICI Prudential fund.More items…•

Which SIP is best for 1 year?

Top 10 Best SIP plans for 1 year-InvestmentReturns in 3 MonthsReturns in 1 YearAditya Birla Sun Life Savings Fund0.9%7.3%ICICI Prudential Ultra Short Term Fund1.2%7.7%India Bulls Ultra Short Term Fund1.2%6.8%Kotak Savings Fund1.1%6.9%6 more rows

Which liquid fund is best?

5. Top 10 Liquid Funds in IndiaFund name5-year average returnsLinkICICI Prudential Money Market Fund Regular Growth7.50%Invest NowKotak Money Market Growth7.44%Invest NowUTI Money Market Fund-Discontinued – Regular Plan-Growth6.95%Invest NowAditya Birla Sun Life Liquid Regular Plan Growth6.92%Invest Now6 more rows•Oct 31, 2020

Which mutual fund is eligible for 80c?

Only investments in equity linked saving schemes or ELSSs qualify for tax deduction under section 80C. Investors can claim tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. All ELSS funds qualify for the tax deduction under Section 80C.