Is Axis Mutual Fund Good?

Is it good time to invest in mutual fund?

Little do they know that there is no right or ideal time when it comes to investing in mutual funds.

Before choosing a mutual fund scheme, an investor should try to take into various factors such as investment horizon, their risk appetite, financial goals, etc..

How is Axis Bluechip fund?

One equity scheme suitable in the current scenario is Axis Bluechip Fund. … More than 95% of the scheme’s portfolio is invested in blue-chip and large-cap companies. Investors could take exposure to equities through the scheme using the systematic investment plan (SIP) route.

Do you lose money in mutual funds?

With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.

Is mutual fund better than FD?

But, in the long-term, Mutual Funds have the capacity to provide FD beating returns. Further, Mutual Funds are highly liquid and more tax efficient as compared to the benefits of FD. So, as per all the criteria discussed earlier, Mutual Funds makes a better investment option than FD.

Is Axis Mutual Fund Safe?

Yes, it is safe to invest with Axis Mutual Fund like any other reputed mutual fund provider. The company is registered with SEBI, AMFI and other regulatory bodies.

Which bank is better for mutual fund?

Short term mutual funds usually comes with a maturity value….Short Term Mutual Funds with up to 8-10% returns.Fund NameReturn % (1 year)HDFC Corporate Bond Fund7.09Aditya Birla Sun Life Corporate Bond Fund7.55ICICI Prudential Banking and PSU Debt Fund – Growth6.16ICICI Prudential Short Term – Growth Option6.371 more row

What are the top 5 mutual funds?

Top 5 Biggest Mutual FundsVanguard Total Stock Market Index Fund Admiral Shares (VTSAX)Fidelity 500 Index Fund (FXAIX)Vanguard Institutional Index Mutual Fund (VINIX)Fidelity Government Cash Reserves (FDRXX)Vanguard Federal Money Market Fund (VMFXX)

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.

Is Axis Bluechip fund good?

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.

Which is better MF or FD?

Longer the tenure of investment, better the returns from Mutual Funds. The interest rate on FDs is generally fixed depending on the tenure and type of FD. Hence, they are not expected to give a higher rate of interest. … When the market goes high, you can expect higher returns and vice-a-versa.

Which mutual fund is best in 2020?

Other Mutual Funds for 2020Fund NameCategory5 YearAxis Long Term Equity FundELSS (Tax Saver)7.11%ICICI Prudential Bluechip Fund-GrowthLarge Cap3.97%SBI Magnum MultiCap Fund-GrowthMulticap5.63%ICICI Prudential Equity & Debt Fund -GrowthAggressive Hybrid6.14%5 more rows•Oct 28, 2020

Which SIP is best for 5 years?

Best SIP Plans for 5 Years in Equity FundsAxis Bluechip Fund Monthly SIP Plan. This is an open-ended equity scheme with a track record of outperformance. … ICICI Prudential Blue chip Fund. … SBI Blue chip Fund. … Mirae Asset Large Cap Fund. … SBI Multicap Fund.

What is better SIP or lump sum?

The answer to this question depends on the stock market conditions. During upward trends, the lump sum mode of mutual fund investment tends to give relatively higher returns whereas during falling markets, investments made via a SIP generally provides better returns than a lump sum investment.

Which is the best Bluechip fund?

Top 10 Large Cap Mutual FundsFund NameCategoryRiskKotak Bluechip FundEquityModerately HighHSBC Large Cap Equity FundEquityModerately HighInvesco India Largecap FundEquityModerately HighAxis Nifty 100 Index FundEquityModerately High12 more rows

Is it good to invest in Axis multicap fund?

Axis Multicap is indeed an inviting prospect. A good fund manager with an impressive dossier, a low expense ratio for the direct plan (although possibly temporary) and good performance in its short history. The main problem is the possibility of rapid AUM growth thanks to banking channels.

Which Axis Mutual Fund is best?

Top 10 Axis Mutual FundsFund NameCategory1Y ReturnsAxis Bluechip FundEquity19.1%Axis Long Term Equity FundEquity19.3%Axis Midcap FundEquity26.2%Axis Focused 25 FundEquity20.4%12 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 bad about mutual funds?

Mutual funds are the most popular investment choice in the U.S. Advantages for investors include advanced portfolio management, dividend reinvestment, risk reduction, convenience, and fair pricing. Disadvantages include high fees, tax inefficiency, poor trade execution, and the potential for management abuses.