SBI Bluechip Fund vs Axis Bluechip Fund (2026): Which Large Cap Fund is Better?
Investors looking for long-term wealth creation through large-cap mutual funds often compare SBI Bluechip Fund (SBI Large Cap Fund) and Axis Bluechip Fund. Both funds invest in India’s leading companies, but they differ in portfolio strategy, performance consistency, expense ratio, and risk-adjusted returns.
In this detailed comparison, we analyze returns, portfolio holdings, fund size, SIP performance, and suitability to help investors make an informed decision.
Quick Comparison: SBI Bluechip vs Axis Bluechip
| Parameter | SBI Bluechip Fund | Axis Bluechip Fund |
|---|---|---|
| Category | Large Cap Fund | Large Cap Fund |
| AMC | SBI Mutual Fund | Axis Mutual Fund |
| Benchmark | BSE 100 TRI | BSE 100 TRI |
| AUM | ₹48,900+ Crore | ₹30,400+ Crore |
| Expense Ratio (Regular) | ~1.47% | ~2.24% |
| 3-Year Return | ~12.03% | ~8.87% |
| 5-Year Return | ~12.24% | ~8.33% |
| Minimum SIP | ₹500 | ₹100 |
| Risk Level | Very High | Very High |
About SBI Bluechip Fund
SBI Bluechip Fund, now known as SBI Large Cap Fund, is one of India’s oldest and most trusted large-cap mutual funds. The scheme invests primarily in established companies with strong business fundamentals and market leadership.
Key Features
- Strong long-term track record
- Large AUM providing stability
- Diversified portfolio
- Suitable for SIP and lump sum investing
- Managed by experienced fund managers
Official Website:
SBI Mutual Fund
About Axis Bluechip Fund
Axis Bluechip Fund follows a quality-focused investment strategy and invests in financially strong companies with sustainable earnings growth.
Key Features
- Quality-first investing philosophy
- Focused portfolio approach
- Long-term wealth creation objective
- Large-cap equity exposure
- Professional fund management
Official Website:
Axis Mutual Fund
Performance Comparison
| Period | SBI Bluechip Fund | Axis Bluechip Fund |
|---|---|---|
| 1 Year | Market Linked | Market Linked |
| 3 Years CAGR | ~12.03% | ~8.87% |
| 5 Years CAGR | ~12.24% | ~8.33% |
| Since Inception | ~11.55% | ~11.18% |
Based on recent performance trends, SBI Bluechip Fund has outperformed Axis Bluechip Fund over the last three and five years.
Portfolio Comparison
SBI Bluechip Top Holdings
- HDFC Bank
- ICICI Bank
- Reliance Industries
- Infosys
- Bharti Airtel
Axis Bluechip Top Holdings
- ICICI Bank
- HDFC Bank
- Reliance Industries
- Larsen & Toubro
- Bharti Airtel
Expense Ratio Comparison
| Fund | Expense Ratio |
|---|---|
| SBI Bluechip Fund | ~1.47% |
| Axis Bluechip Fund | ~2.24% |
Lower expense ratios can significantly enhance long-term returns for SIP investors.
₹5,000 SIP Growth Illustration
| Expected CAGR | Estimated Corpus After 20 Years |
|---|---|
| 10% | ₹38 Lakhs |
| 12% | ₹50 Lakhs |
| 14% | ₹66 Lakhs |
Actual returns may vary depending on market performance and investment tenure.
Pros & Cons
SBI Bluechip Fund
Pros
- Better recent performance
- Lower expense ratio
- Higher AUM
- Strong SIP suitability
Cons
- Benchmark-oriented portfolio
- Moderate downside participation
Axis Bluechip Fund
Pros
- Quality-focused investing
- Strong brand reputation
- Diversified large-cap exposure
Cons
- Recent underperformance
- Higher expense ratio
- Lower 5-year returns
Who Should Invest?
Choose SBI Bluechip Fund if:
- You want better recent performance.
- You prefer a lower expense ratio.
- You are investing through SIP for 10+ years.
- You want a large and established fund.
Choose Axis Bluechip Fund if:
- You prefer a quality investing approach.
- You want AMC diversification.
- You have a long-term investment horizon.
Conclusion
For most long-term investors, SBI Bluechip Fund currently appears stronger due to its better recent returns, lower expense ratio, and larger asset base.
However, Axis Bluechip Fund remains a suitable option for investors seeking diversification and a quality-focused investment philosophy.
Useful Links
Internal Linking Suggestions
- SBI Large Cap Fund Review
- Axis Bluechip Fund Review
- Best Large Cap Mutual Funds in India
- SIP Calculator
- Large Cap vs Flexi Cap Funds
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