Is Axis Mutual Fund Good?

Which MF gives highest return?

Here’s a look at five such schemes:Axis Bluechip Fund.

5-year SIP returns: 15.57% …

AXIS Focused 25 Fund.

5-year SIP returns: 15.25% …

IIFL Focused Equity Fund.

5-year SIP returns: 14.71% …

SBI Focused Equity Fund.

5-year SIP returns: 13.69% …

Mirae Asset Emerging Bluechip Fund.

5-year SIP returns: 15.40%.

Can I lose all my money in mutual fund?

There is no guarantee you will not lose money in mutual funds. In fact, in certain extreme circumstances you could end up losing all your investments. That’s why it is advisable to understand how mutual funds work. Mutual funds are managed by fund managers who invest in a wide variety of stocks, bonds and commodities.

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

Is it a good time to invest in mutual funds 2020?

Best large cap mutual funds to invest in 2020 It is not possible to recommend a debt scheme for you as you have not shared your risk profile with us. The debt mutual fund space going through a rough phase currently. So, it is extremely important to choose a scheme based on your risk profile.

Is it good to invest in mutual funds now?

It is always the right time to invest in mutual funds, even for a newcomer, to achieve your long-term financial goals. … Equity or stocks can be extremely risky and volatile in the short term. You would be better off in bank deposits and debt mutual funds with such a short horizon.

Is now a bad time to invest in mutual funds?

There is no right time as such when it comes to investing in mutual funds. Investments in mutual funds should be made at the earliest. Any day is the best time to invest in mutual funds. Remember, you need to invest as per your financial goals and risk tolerance.

Why Mutual Fund is not good?

Indeed, mutual funds don’t guarantee capital protection or fixed returns. … Short-term as well as long-term gains from mutual funds are taxed in a way that it doesn’t eat into the returns. These funds make much sense as long-term investments because the longer you stay invested, the more profits you earn.

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

Is it good to invest in Axis Mutual Fund?

Axis Mutual Fund offers a scheme that helps you to enjoy tax benefits. The name of the scheme is- Axis Long Term Equity Fund . … The fund managers at Axis Mutual Fund have a rich experience in making investment decisions. Their experience will help you grow your capital over a long term.

How is Axis Blue Chip Fund?

In the past five-year and ten-year periods, the scheme has given 6.5% and 9.6% returns, respectively, while its peers have given average returns of 1.6 % and 6.3%, respectively, over the same periods. More than 95% of the scheme’s portfolio is invested in blue-chip and large-cap companies.

Which mutual fund is best for 2020?

Scheme namePercentage (%)SBI Magnum Multicap – G50ICICI Prudential Bluechip Fund – G50Motilal Oswal Multicap 35 Fund – G30Axis Bluechip Fund- G209 more rows•Aug 19, 2020

Can you get rich with mutual funds?

Like any investment, the more you can afford to put in, the greater your potential returns. It is hard to get rich investing only $1,000 in any type of security. If you have a significant amount to invest, however, you can generate a sizable amount of income even with the most stable investments.

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.

Is Axis Bluechip fund good?

The Axis Bluechip Fund Direct Plan Growth is rated Moderately High risk….1. Risk-adjusted returns are lower compared to the category.Fund NameReturns 3YAxis Bluechip Fund5star10.0%HSBC Large Cap Equity Fund4star3.4%ICICI Prudential Bluechip Equity Fund4star3.9%2 more rows

How can I get rich in 5 years?

How to Become Wealthy in 5 YearsBecome Financially Educated.Find a Wealthy Mentor.Take Control of Your Finances.Save With the Intent to Invest.Network With The Rich & Wealthy.Multiple Sources of Income.Learn Faster.Take Care of Your Health.More items…

Which Axis Mutual Fund is best?

Top 10 Axis Mutual FundsFund NameCategoryRiskAxis Bluechip FundEquityModerately HighAxis Long Term Equity FundEquityModerately HighAxis Midcap FundEquityModerately HighAxis Focused 25 FundEquityModerately High12 more rows

How can I buy 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)

What is Blue Chip Fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.