Axis Bluechip Fund vs Kotak Bluechip Fund

May 22, 2024

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Want to keep your investment in a safe and steady path? Then opt for Bluechip Fund, which is beneficial to you in all aspects. It is a dream of many investors who aim to invest in large-cap companies with expectations of regular dividends.

In general, a bluechip fund is making your investment in bluechip companies. The selection of companies should be fundamentally strong, ROE, low debt, growth of earnings per share and ROCE.

You have numerous options to take into your consideration. With this article, we aim to explore you about Axis Bluechip Fund and Kotak Bluechip Fund.

Axis Bluechip Fund and Kotak Bluechip Fund: Overview

Axis Bluechip Fund: Axis Bluechip Fund is a well-known mutual fund established and managed by the Axis Asset Management Company. This Axis bluechip fund follows a bottom-up approach whereas the fund manager evaluates companies in different aspects.

Kotak Bluechip Fund: It is a familiar mutual fund under the surveillance of Kotak Mahindra Asset Management Company. The fund initially targets blue-chip stocks of large-cap companies with diversified portfolios. Similar to other funds, Kotak also typically focuses on fundamental analysis of well-established companies with strong growth potential.

Fund Name	Expense Ratio in %	Exit Load	Stamp Duty	Tax Implication	Total AUM	Pros
Axis BlueChip Fund	0.64% inclusive of GST	Excess of 10% of the investment for unit, 1% redemption will be charged within 12 months	0.005% (from July 1, 202)	15% tax will be charged, if you redeem within 1 year. After 1 year, LTCG tax of 10% needs to be paid on returns for Rs. 1 lakh+ in a financial year.	Rs. 2,86,670.00 Cr	Lower Expense Ratio and 10Y annualized returns that is higher than category average of 1.34%.
Kotak Bluechip Fund	0.60%	Same exactly as Axis Bluechip Fund.	0.005% from July 1, 2020	Same exactly as Axis Blue Chip Fund.	Rs. 4,06,595.60 Cr	Higher annualized returns than category average for 3y, 5y and 10y.

Axis Bluechip Fund and Kotak Bluechip Fund – Performance

Axis Bluechip Fund Performance:

In the last 5 years, when its compared to Parag Parikh Flexi Cap Fund(23.95%), this fund trailing returns 13.7%.Historical evidence found that the Axis Bluechip fund has provided competitive returns to its investors while comparing it with peer funds and benchmark indexes. Though the past history is useful it will not help predict the future situation.

Kotak Bluechip Fund Performance: Kotak Bluechip has a proven record of offering competitive returns compared to its peer funds and benchmark index. Similar to axis bluechip, there is no guarantee that it will continue in the future too.

Year	Axis Bluechip Fund	Kotak Bluechip Fund
1Y	25.1%	29.7%
3Y	13.2%	18.4%
5Y	15.7%	18.8%

Axis Bluechip Fund and Kotak Bluechip Fund – Risk Analysis

Comparison	Axis Bluechip Fund	Kotak Bluechip Fund
P/E	29.60	23.69
Turnover	23%	36%
P/B	4.82	3.88
Equity	97.3%	98.5%
Cash	1.2%	0.8%
Risk	Very High	Very High
Minimum Investment	Rs. 100	Rs. 100

Conclusion

Both these blue chip funds have similar return percentages and risk factors. With this article, you get to understand the investment objectives, performance and strategies of both Axis bluechip fund and Kotak bluechip fund. However, the investors should discuss with financial professionals to make better decisions.’