Quick Answer: Is Axis Mutual Fund Safe?

Can mutual funds make you rich?

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..

What is the best public mutual fund?

Top Performing FundsFund NameShariah Based10-Year Annualised Return (%)PB ISLAMIC ASIA STRATEGIC SECTOR FUND7.64PUBLIC FAR-EAST ALPHA-30 FUND-7.25PUBLIC ISLAMIC SELECT TREASURES FUND7.20PUBLIC CHINA ITTIKAL FUND6.868 more rows

What are the top 5 mutual funds?

Top 5 Fund Families in 2020Vanguard. Vanguard takes top honors for 2020. … BlackRock / iShares. BlackRock is best known for its iShares line of ETFs. … Fidelity. Over the years, Fidelity has been home to many of the best mutual fund managers. … T. Rowe Price. … ProShares. If you are looking for leverage, ProShares provides a variety of ETFs.

Which Blue Chip Fund is best?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsKotak Bluechip FundEquity8.5%BNP Paribas Large Cap FundEquity7.7%ICICI Prudential Bluechip Equity FundEquity3.9%Edelweiss Large Cap FundEquity6.1%12 more rows

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 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.

Which fund has highest risk?

Top 10 High Risk Mutual FundsFund NameCategory1Y ReturnsICICI Prudential Technology FundEquity47.6%Nippon India Pharma FundEquity53.6%SBI Banking & Financial Services FundEquity-3.4%Tata Banking And Financial Services FundEquity-4.2%7 more rows

What is Crisil rank in mutual fund?

CRISIL Mutual Fund Ranking includes funds from different categories such as equity, debt and hybrid asset classes. It uses the combination of Net Asset Value (NAV) and portfolio-based attributes for assessment. The ranks are given on a scale from 1 to 5.

What are the 3 types of mutual funds?

7 common types of mutual fundsMoney market funds. These funds invest in short-term fixed income securities such as government bonds, treasury bills, bankers’ acceptances, commercial paper and certificates of deposit. … Fixed income funds. … Equity funds. … Balanced funds. … Index funds. … Specialty funds. … Fund-of-funds.

Is Axis Bluechip fund open ended?

Axis Bluechip Fund is an open-ended equity scheme predominantly investing in large cap stocks. … Equity as an asset class holds the potential to beat inflation and generate long term wealth.

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?

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.

What is the safest Vanguard mutual fund?

The 8 Best Vanguard Funds Worth Buying Right Now in 2020The difference between an Index Fund (ETF) and a Mutual Fund.Total Stock Market (ETF) – VTI.Total Bond Market (ETF) – BND.Total International Stock Index Fund – VXUS.Small-Cap ETF – VB.REIT Index Fund – VNQ.Social Index Fund Admiral Shares – VFTAX.More items…•

Is Axis Mutual Fund good?

Axis Mutual Fund houses more than 50 schemes, it has over 20 lac investors investing with them and is present in over 90 cities….Top 10 Axis Mutual Funds.Fund NameAxis Long Term Equity FundRiskModerately High1Y Returns6.2%Rating4starFund Size(in Cr)₹21,83615 more columns

Is SIP better than FD?

Fixed deposit is the best investment option for conservative investors only. … On the other hand, returns cannot be guaranteed in a systematic investment plan or an SIP. There is no doubt in the fact that an SIP provides higher returns in comparison to fixed deposits but there is no guarantee of returns in an SIP.

What is the safest type of mutual fund?

Money market funds They are considered one of the safest investments and make up 15% of the mutual fund market, according to the ICI.

How is Axis Bluechip fund?

With a 7-year return of 14.86%, the fund has outperformed the benchmark index (12.33%) and the category average (12.21%). This Scheme has an impressive track record of out-performance. It emphasizes on quality and growth in its stock picks, favoring companies with improving cash flows and higher earnings visibility.

Is Axis Bluechip fund good for long term?

Axis Bluechip is suitable for long term investment goals: A lot of time, young investors overlook at long term investment goals like retirement planning or accumulating a corpus for their children’s higher education. That is because we like to live in the present and hence do not worry about the future.

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020

Is Axis Bluechip Fund a good investment?

The fund currently has an Asset Under Management(AUM) of ₹17,270 Cr and the Latest NAV as of is ₹37.39. The Axis Bluechip Fund Direct Plan Growth is rated Moderately High risk….Fund NameReturns 3YCanara Robeco Bluechip Equity Fund5star10.8%Mirae Asset Large Cap Fund5star5.8%Axis Bluechip Fund5star11.9%2 more rows

Is a mutual fund safe?

Mutual funds are considered relatively safe investments.