According to industry experts owing to its long term investment objectives in diversified assets, it makes one of the best options for SIP seekers. Traditional investors should be more interested in setting long term investment goals, especially if the investments are directed towards mutual funds, which predominantly invest in different instruments and offer a higher risk return ratio. Although they are a bit risky, if rightly invested can give attractive returns.
By investing in schemes whose investment objective fits your investment objective, there are chances of fetching results to a great extent. As mutual funds invest money in various assets like equity, debt, bonds, government securities, etc., you should make sure that you choose the mutual funds that fit your investments goals the best and also have the potential to balance out the risk. One of the oldest & best performing mutual fund schemes is Axis Bluechip Fund, which can be a good option for SIP as well as one time investments. Before you park your money in this fund, let’s understand what Axis Bluechip Fund is all about.
Axis Bluechip fund is an open-ended mutual fund scheme created with the objective of long term capital appreciation as it invests in a diversified portfolio comprising equity and equity related securities of large cap companies. However, one should note that it might not necessarily achieve its investment objectives in the short term, as there is always some risk involved in mutual fund investments.
Those who are starting young and want to build their investment portfolio can opt for this scheme as they can go for SIP by allocating a part of their funds in smaller amounts every month. There are a host of benefits involved with the fund as it invests in large companies which trade frequently and are more liquid and less volatile. Also, the stocks of the companies Axis Bluechip Funds invests in have a stable track record and are robust enough to deliver long term returns consistently. Furthermore, it holds asset class benefits that are potent enough to beat inflation and generate long term appreciation. One of the most preferred plans is the Axis Bluechip Fund – Direct Plan, which belongs to the equity, large cap category of funds and have given consistent results in the past.
So, those investors who are looking for long term investment opportunities in mutual funds can consider Axis Bluechip to achieve their financial goals.
For more detailed information kindly consult a financial adviser.