For equity, Aggarwal recommends going with large and mid-cap stocks, which are more value-based in nature than growth-based. “Companies with stronger fundamentals and less cyclicity are expected to outperform in case of any unexpected turmoil, he says. Saurabh S. Jain, MD of SSJ Finance & Securities, too believes consumer sentiment is set to improve in 2023 and advises investors to invest in companies with good prospects, reasonable valuations, and sound management pedigree.

The fund aims to generate long-term capital appreciation by investing in such companies, which have a strong brand, superior management, and a sustainable business model. As a stock market participant, it is crucial to remember investing in the stock market is risky and you could lose almost all of your invested capital or your gains can simply evaporate. To take a calculated risk on your investment, it is important https://1investing.in/ to research and understand the financial instrument in which you are parking your money. Taking the help of a financial advisor could also help you hedge your risk to a certain degree and aid you in making an informed investment decision. Axis Bluechip Fund has been able to deliver alpha by avoiding losers, not being afraid to pay for growth and quality and managing the stock portfolio weights have judiciously.

In terms of sectoral allocation, Banks are 19.15%, Consumer Non Durables 13.92%, Finance 13.31%, Software 9.52% and Retailing 7.41%. « Reading the blog posts has always given me good insights on a wide range of topics related to financial planning and management. Complex topics presented in a simple yet comprehensive way. » In terms of Top 10 stocks, there has been a consistency with major changes only on semi annual basis. It is time to take stock again and see has the fund lived up to its promise.

The fund has built a set of rules which define inclusion of stocks and their allocation in the portfolio. Axis Bluechip follows a concentrated portfolio strategy within bluechip large caps along with cash holdings. It has helped manage drawdowns better than peers and generate higher returns too. Existing investors will have to appreciate that the bang for the buck has significantly reduced in the last two years. It is perfectly fine to stay on having faith in the fund manager just as it is perfectly fine to exit. Whatever we choose as long as we do not feel superior about it, we should be reasonably happy.

Fund Net Cash Amount

Passsively managed funds are simple to understand and execute. But many investors are still not satisfied with index less expenses returns. Passively managed index funds are getting more mind share and money share from the investors. Finzoomers Services Private Limited (“Finzoomers”) carries out the business of referrer, intermediary, and facilitation, for varied financial services, including solicitation of insurance policies as a Corporate Agent. Finzoomers got registered with IRDAI as Corporate Agent vide registration no. The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund’s NAV is calculated.

While near-term impact due to global issues could persist and induce volatility, investors with a horizon of at least two to three years would be well rewarded, believes Tejas Khoday, the co-founder and CEO of FYERS. Currently Indian markets are trading at one of the highest premiums to emerging markets in its history. Although early days, current year-to-date has seen a reversal, with most global indices in the green while our market has seen sustained pressure.

The shares of the SPDR S&P 500 ETF Trust represent ownership in the SPDR S&P 500 Trust, a unit investment trust. As with all stocks, you may be required to deposit more money or securities into your margin account if the equity, including the amount attributable to your ETF shares, declines. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

• Equity securities may fluctuate in value and can decline significantly in response to the activities of individual companies and general market and economic conditions.
• In October 2022, the SIP inflow was at the highest level of Rs. 13,000 crores, up 30% .
• An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
• They need the knowledge of Mutual Fund and its related terms.
• Investors should be made to realize that ignorance is no longer bliss and what they are losing by not investing.
• Both these events have shaken the global financial markets throughout 2022 and are bound to impact market participants in 2023.

The Indian stock market continued to clock a monthly slide in March with the Nifty 1.08% lower and the Sensex down by 1.29% on the back of global uncertainties fueled by a banking crisis and persisting inflation. Major events including the collapse of the Silicon Valley Bank , Credit Suisse’s buyout by rival UBS, global inflation and continuing geopolitical tensions kept the stock markets on the edge. With the market sentiment seeing an uptick globally in April and a revival in FIIs buying in India, expectations of future investments strengthening the home currency, which could help to cool inflation further are being set by market experts. It has beaten most peers since inception period due to higher upside capture ratio while having a lower downside capture ratio compared to category average.

India Stock Market Outlook April 2023

Sachin Jasuja, founding partner of equity desk at Centricity Wealthtech, thinks the market upswings witnessed at the back of the earnings season has the potential to help markets recoup from the dampened global economic scenario. Notably, Mirae Asset Large Cap is the only fund that has done better than Axis Bluechip since inception period. In the 5 year, 4 year, 3 yar, 2 year and 1-year periods, the Axis fund is topper in each of the time periods beating all the funds. It has some tough competition from the likes of ICICI Prudential Bluechip, SBI Bluechip, ABSL Frontline Equity and HDFC Top 100 etc.

Earnings in the U.S. often set the tone for general market moves, and we may see a rebound in big tech companies that have corrected severely, says Jasuja. While it is highly unlikely India will witness the El Nino effect which is predicted to form by June, if it does, it could have a severe impact on India’s food grain production. Its current portfolio’s top holdings are Avenue Supermarts, Housing Development Finance Corp., Nestle India, Bajaj Finance, Hindustan Unilever, Infosys, ICICI Bank, HDFC Bank and Kotak Mahindra Bank.

DSP Quant Fund positions itself as a rules driven fund based on good investing principles. It applies factor based scoring and an optimisation formula around growth, quality and value. It expects to outperform the BSE 200 benchmark over 7 years plus time horizon. Mirae Asset Large Cap follows a diversified portfolio strategy (50+ stocks) including using allocation to mid caps to generate better returns. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

The actual earnings estimates for the underlying holdings are provided by FactSet, First Call, I/B/E/S Consensus, and Reuters and are used to calculate a mean 3-5 year EPS growth rate estimate. Equity securities may fluctuate in value and can decline significantly in response to the activities of individual companies and general market and economic conditions. In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only.

Top Holdings of Axis Bluechip Fund Direct Plan Growth as on (30-Apr-

The market value of a mutual fund’s or ETFs total assets, minus liabilities, divided by the number of shares outstanding. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns. And hence the active strategies are still around with lion’s share of investors assets. On account of its recent years performance, it has quickly reached Rs. 14,500 crores of assets under management.

SIP’s annual contribution increased from INR 43,921 crore in FY17 to INR 1 lakh crore by FY20 and currently registering an inflow of INR 12,500 crore on average per axis bluechip fund graph month. In October 2022, the SIP inflow was at the highest level of Rs. 13,000 crores, up 30% . Total SIP assets under management stand at INR 6.64 lakh crore.

The fund has largely been large cap oriented with a small exposure to mid cap stocks now and then. In this edition of the “fund performance report”, we look at Axis Bluechip fund. Launched in Jan 2010, the fund has an AUM of about Rs. 34,000 Crores – the highest among actively managed large cap funds. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The Beta for Axis Bluechip Fund Direct Plan Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark.

She has previously worked at CNBC-TV18, Thomson Reuters, The Economic Times and Entrepreneur. Khoday says capital goods, infrastructure, speciality chemicals, and pharma could offer renewed investment opportunities in FY23. Gopkumar recommends investors to avoid export-oriented themes till global growth is back on track.

If beta is less than 1, then the mutual fund is less volatile than the benchmark. Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

Manish Jain, director of institutional business at Mirae Asset Capital Markets, believes the cyclical peak in inflation and the Dollar Index is achieved and emerging markets including India should do well now. To understand how you should park your money as an investor, here’s a sneak-peek into how the stock market is expected to perform in May. In terms of performance, this is too early to give it any weight. Having said that, the fund did much better than most other popular funds in large cap category. The fund’s endeavor is to create an automated stock picking and weighting model that generates portfolios which maximize characteristics of the chosen factors while adhering to liquidity and risk concentration constraints. Get clarity on how to plan for your goals and achieve the necessary corpus no matter what the market condition is!!

Equity 87.1%

Here’s what investors should watch out for and what the stock market looks like going forward. Despite expectations of a volatile month ahead at the stock exchanges in India, stock market participants should not panic. Instead, they should consider investing in a staggered manner via the popular systematic investment plans and stay put for stocks to inch back to normal or previously-sustained levels. In times of higher market volatility, it is always a good practice to diversify investments. Experts advise sectoral diversification to mitigate the market risk of a portfolio and avoid the risk of heavy losses.

However, as an investor, you are not just looking at the category but also which fund stands out and delivers. The alpha for Axis Bluechip Fund Direct Plan Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%. The products and services described on this web site are intended to be made available only to persons in the United States or as otherwise qualified and permissible under local law. The information on this web site is only for such persons.

Performance returns for periods of less than one year are not annualized. B Gopkumar, MD and CEO of Axis Securities, sees the consumer space witnessing a strong revival, and many categories normalizing to pre-covid levels with a structural uptick in multiple sub-segments. “QSR space is well-placed to deliver superior returns,” says Gopkumar. Among the key events to watch out for in May include the monetary policy announcements by the U.S. Private weather forecasting agency Skymet has predicted below-average rainfall, while the India Meteorological Department has predicted 2023 rainfall at 96% of the long-period average, with a model error of ±5%.

Fund Top Holdings as of May 04 2023

“We will also advise investors to stay away from commodity manufacturing companies, at least in the first half of 2023,” says Jain. In FY22, retail investors infused INR 1.6 lakh crore in direct equities. Consequently, retail investors’ holding in the National Stock Exchange or NSE-listed universe as of March 31, 2022, rose to a 15-year high of 9.7%.