NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund


Axis Bluechip Fund Growth for NRI [59.43]

Min Investment


Fund Size

34,520.15 Cr

Expense Ratio


Exit Load


SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671



NAV as on 15 Jul 24, 12:00 AM

very high risk

large cap


NAV as on 15 Jul 24, 12:00 AM

very high risk

large cap



Last 1Y


Last 3Y


Last 5Y


Since Inception

About Axis Bluechip Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis Bluechip Fund Growth scheme from Axis Asset Management Company Limited. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Jan 2010, Axis Bluechip Fund Growth is Large-Cap fund of its category with 34,520.15 Cr fund under management as on Jul 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • Axis Bluechip Fund Growth delivered 27.3% annual returns during the last year. It has delivered 13.0% average annual returns since the fund was launched.
  • Axis Bluechip Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Top 10 Holdings

HDFC Bank Ltd


ICICI Bank Ltd


Reliance Industries Ltd


Avenue Supermarts Ltd


Bajaj Finance Ltd


Bharti Airtel Ltd


Tata Consultancy Services Ltd


Mahindra & Mahindra Ltd


Infosys Ltd


Larsen & Toubro Ltd


Fund Managers

  1. Shreyash Devalkar (Nov 2016 - Present)
  2. Ashish Naik (Aug 2023 - Present)
  3. Krishnaa N (Mar 2024 - Present)

Key Information

View Scheme Document

Axis Bluechip Fund Growth SIP Calculator

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Fixed Deposit

NRI Mutual Fund Tax on Axis Bluechip Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Axis Bluechip Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Bluechip Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions