If you’re an investor seeking to invest in a reputable, well-established company for better returns, blue-chip funds are a good choice. Their performance can be ultimate and they are very good options for long-term investment. Let us see the in-depth discussion of the two best bluechip funds such as Axis Bluechip fund and Canara Robeco bluechip fund including their overview, performance, and risk analysis as follows:
Axis Bluechip Fund and Canara Robeco Bluechip: Overview
Both funds are demonstrated as large-cap mutual funds It provides the best returns for more than a year for the investors. Their performance in the market is also well and good with strong fundamentals. They had their track record of steady outraged performance. Axis Bluechip Fund has two options Direct and Regular.
Overview of an Axis Bluechip Fund:
| S.No | Aspects | Axis Bluechip Fund |
|---|---|---|
|
1 |
Fund House |
Axis Mutual Fund |
|
2 |
Scheme |
Open-ended |
|
3 |
Benchmark |
Nifty 50 total return |
|
4 |
Fund Size |
3,737 crores |
|
5 |
Minimum SIP amount |
1000 |
|
6 |
Minimum Lump sum amount |
5000 |
|
7 |
Expense ratio |
0.89% |
|
8 |
Risk Level |
Moderately High |
|
9 |
Exit load |
1% (redeemed between 1 to 12 months) |
Overview of the Canara Robeco Bluechip:
| S.No | Aspects | Canara Robeco Bluechip |
|---|---|---|
|
1
|
Fund House |
Canara Robeco Equity Fund |
|
2
|
Fund Size |
Rs.12,830.12 cr |
|
3 |
Minimum Sip amount |
Rs.100 |
|
4 |
Minimum 1st Investment |
Rs.5000 |
|
5 |
Minimum for 2nd investment onwards |
Rs.1000 |
|
6 |
P/E ratio |
26.53 |
|
7 |
Expense ratio |
0.47% |
|
8 |
Risk Level |
Average Risk |
|
9 |
Exit Load |
1% ( if redeemed within 12 months) |
|
10 |
Holdings |
Equity- 95.6% Cash- 4.4% |
Axis Bluechip Fund and Canara Robeco Bluechip – Performance
| Fund | Performance Summary |
|---|---|
|
Axis Bluechip Fund |
|
|
Canara Robeco Bluechip Fund |
|
| Fund | 1 Year | 3 Years | 5 Years | All |
|---|---|---|---|---|
|
Axis Bluechip Fund |
28.6% |
13.2% |
15.4% |
15.4% |
|
Canara Robeco Bluechip |
30.7% |
17.3% |
19.6% |
15.6% |
Parag Parikh Flexi Cap Fund can be start investing Rs 1,000 Systemetic investment Plan (SIP). When its compared to the 5-year annualized return of Parag Parikh Flexi Cap Fund(19.6%), this fund’s trailing return is 23.5
Axis Bluechip Fund and Canara Robeco Bluechip – Risk Analysis
For comparing two large caps, Axis Bluechip fund and Canara Robeco Bluechip we must consider the five factors involved in risk analysis of investments as follows:
- Standard Deviation
- Beta value
- Sharpe ratio
- Trenoy’s ratio
- Alpha indicates
| Fund | SD | Beta | Sharpe | Trenoy | Alpha |
|---|---|---|---|---|---|
|
Axis |
11.37 |
0.92 |
0.51 |
0.06 |
-4.46 |
|
Canara |
11.13 |
0.92 |
0.81 |
0.1 |
-1.28 |
Conclusion
According to the report, both Axis Bluechip fund and Canara Robeco Bluechip provide the highest return rate for their investors for long-term investments. You may find some fluctuations and downside of the market but they will outperform certain conditions and always maintain to give the best ROI for their valuable investors.
Consider twice while investing in large-cap funds. Make sure to diversify your portfolio for better ROI. Diversification of the portfolio may give you more options to meet the market fluctuations and make it easier to handle the rough situations.
So, invest in one large cap and one multicap fund but avoid investing in two large caps simultaneously. This may affect your investment amount greatly. These are subject to market risk as well as an individual’s own risk appetite.