MF Query Board
I have been investing in Axis Blue Chip Fund through SIP at ₹5,000 per month from March 2021. It was a high-rated fund then. However, this fund has not performed as expected. Should I stop my sip investment or continue with any other fund in the same category? - Anonymous
There are two aspects to this issue. The first is about taking Large-Cap equity exposure and the second is fund selection. There are two ways you can take exposure to large-cap equity: actively managed large-cap funds and index funds. Axis Blue Chip Fund is an actively managed large-cap fund. Lately, this fund has not performed well. In fact, it has never been on our list. This was because it takes heavy cash calls. Cash calls do benefit when the markets are heading down while valuations are also taking a hit.