NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹57.22
0.46%
NAV as on 19 Nov 24, 12:00 AM
very high risk
large cap
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
large cap
equity
21.46%p.a.
Last 1Y
6.22%p.a.
Last 3Y
12.71%p.a.
Last 5Y
12.61%p.a.
Since Inception
About Axis Bluechip Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Bluechip Fund Growth scheme from Axis Asset Management Company Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Jan 2010, Axis Bluechip Fund Growth is Large-Cap fund of its category with 33,236.33 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- Axis Bluechip Fund Growth delivered 21.5% annual returns during the last year. It has delivered 12.6% average annual returns since the fund was launched.
- Axis Bluechip Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
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. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
HDFC Bank Ltd
9.75%
ICICI Bank Ltd
8.63%
Bharti Airtel Ltd
5.29%
Infosys Ltd
5.00%
Bajaj Finance Ltd
4.43%
Reliance Industries Ltd
3.37%
Sun Pharmaceuticals Industries Ltd
3.05%
Tata Consultancy Services Ltd
3.04%
Mahindra & Mahindra Ltd
2.99%
Avenue Supermarts Ltd
2.97%
Fund Managers
- Shreyash Devalkar (Nov 2016 - Present)
- Jayesh Sundar (Nov 2024 - Present)
- Krishnaa N (Mar 2024 - Present)
Key Information
View Scheme Document
Axis Bluechip Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Axis Bluechip Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Axis Bluechip Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Bluechip Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
ICICI Prudential Bluechip Fund Growth
very high risk | equity
15.7%
SBI Bluechip Fund Growth
very high risk | equity
11.7%
Mirae Asset Large Cap Fund Growth
very high risk | equity
9.7%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved