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This Bluechip Mutual Fund Outperformed Benchmark, Gave 112.92% Absolute Return In 3 Yrs
Kotak Bluechip Fund, a large equity from the house of Kotak Mahindra Mutual Fund, has given 112.92% absolute return and 28.65% annualised returns on lumpsum investments in 3 years.
The fund has been rated 4-star by the rating agency CRISIL and 5-star by Value Research. It is an open-ended bluechip fund.
The fund's benchmark is NIFTY 100 TRI. Its Assets Under Management (AUM) as on April 30, 2023, is Rs. 5,633 crores, while its expense ratio is 0.54%.
Returns
The fund has managed to outperform the benchmark in 3 and 5 years, whereas in 1 and 2 years it has given decent annualised returns. Vthrought, SIP, the fund also delivered goods return over the past 10 years. It has given a maximum 45.72% absolute return in 5 years, while 15.06% annualised return.
Lump-Sum Investment Returns
| Period Invested for | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 14.04% | 14.04% |
| 2 Year | 23.61% | 11.18% |
| 3 Year | 112.92% | 28.65% |
| 5 Year | 85.84% | 13.19% |
| 10 Year | 275.20% | 14.12% |
| Since Inception | 288.22% | 13.96% |
SIP Returns
| Period Invested for | Absolute Returns | Annualised Returns |
|---|---|---|
| 1 Year | 5.72% | 10.81% |
| 2 Year | 7.37% | 7.01% |
| 3 Year | 23.19% | 14.04% |
| 5 Year | 45.72% | 15.06% |
| 10 Year | 106.17% | 13.86% |
Returns Under the Direct Plan - Growth Option
Fund's Portfolio
The fund has 98.53% investments in equity and 1.47% in cash and cash equivalent. It has a total of 57 stocks in its portfolio. It has predominantly large-cap stocks in its portfolio. The top 5 stocks hold around 28.98%, which include ICICI Bank (7.46%), HDFC Bank (6.62%), Reliance (6.10%), Infosys (4.50%), and ITC (4.30%). It has major exposure in Financial (29.20%), Technology (12.64%), Automobile (11.29%), Consumer Staples (9.96%), and Energy (9.53%).
This fund is most suitable for Investors who are looking to invest money for at least 3 to 4 years and looking for high returns as this fund has major holdings in bluechip stocks. However, investors should note that this scheme doesn't guarantee returns and should be ready for the possibility of moderate losses in their investments.
Disclaimer - Mutual fund investments are subject to market risk. Read all scheme-related Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
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