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5 Bluechip Large Cap Equity Fund With Over 14% Returns in 3 Year, Good For SIP
Blue-chip mutual funds are a form of an equity fund that typically invests in equities and equity-related securities of large-cap firms that may be defined by characteristics such as large and well-established, known, and respected. Blue-chip funds are another name for large caps funds. Because investments in equities may be made, blue-chip funds can assist investors to get capital appreciation by remaining involved for the long term. Bluechip funds might be a fantastic alternative if you are seeking some growth in your portfolio because 'bluechip' firms have stable and experienced management as well as skilled corporate governance.
Should You invest in Bluechip Mutual Funds?
Blue-chip mutual funds may be able to provide stability in their investments and returns, which may appeal to even the most conservative investors.
As these funds invest in firms with a proven track record of market success, they might be regarded as ideal investment options for investors looking to stay involved for the long term to attain their objectives.
Investors should comprehend the fee ratio, exit load (if applicable), and tax consequences of investments in these mutual fund schemes before making investment selections. Before investing in these funds, investors should grasp their valuation. It is best to diversify your portfolio and seek to maximize the return on your assets.
It is best to diversify your portfolio and seek to maximize the return on your assets. Simultaneously, before proceeding, it may be beneficial to relate one's financial goals, risk tolerance, and time horizon.
As an open-ended mutual fund investment, investors can choose to enter and leave these funds based on their investment plan while keeping the exit load in mind, if there is any.
5 Top rated Blue Chip Equity Large Cap Mutual Funds- CRISIL Rating
1. Canara Robeco Bluechip Equity Fund- Direct Plan-Growth
Rated 4-Star By CRISIL
2. Axis Bluechip Fund - Direct Plan-Growth
Rated 3-Star By CRISIL
3. Kotak Bluechip Fund -Direct Plan-Growth
Rated 4-Star By CRISIL
4. ICICI Prudential Bluechip Fund- Direct Plan-Growth
Rated 3-Star By CRISIL
5. SBI Bluechip Fund- Direct Plan-Growth
Rated 3-Star By CRISIL
Annualised Returns
All the funds outperformed the category average returns except in 1 year. Only ICICI Prudential Bluechip Fund outperformed in all the investment periods.
| Mutual Fund | 1-Year | 2-Year | 3-Year | 5-Year | Since Inception |
|---|---|---|---|---|---|
| Canara Robeco Bluechip Equity Fund- Direct Plan - Growth | 6.30% | 20.68% | 18.07% | 15.87% | 14.29% |
| Axis Bluechip Fund - Direct Plan- Growth | 5.02% | 15.74% | 16.28% | 17.00% | 15.41% |
| Kotak Bluechip Fund -Direct Plan - Growth | 5.80% | 21.09% | 15.42% | 13.01% | 13.87% |
| ICICI Prudential Bluechip Fund- Direct Plan - Growth | 10.28% | 23.06% | 14.75% | 13.27% | 14.61% |
| SBI Bluechip Fund- Direct Plan - Growth | 4.34% | 21.09% | 14.62% | 12.09% | 14.73% |
SIP -Absolute Returns
All the funds gave negative returns in 1 year, both in absolute and annualized returns.
| Mutual Fund | 1-Year | 2-Year | 3-Year | 5-Year |
|---|---|---|---|---|
| Canara Robeco Bluechip Equity Fund- Direct Plan - Growth | -4.27% | 17.38% | 29.44% | 48.64% |
| Axis Bluechip Fund - Direct Plan- Growth | -4.96% | 13.99% | 23.55% | 44.14% |
| Kotak Bluechip Fund -Direct Plan - Growth | -4.91% | 18.36% | 27.69% | 41.40% |
| ICICI Prudential Bluechip Fund- Direct Plan - Growth | -0.46% | 23.03% | 30.52% | 42.46% |
| SBI Bluechip Fund- Direct Plan - Growth | -4.17% | 19.23% | 26.95% | 38.01% |
Disclaimer
Mutual fund investments are subject to market risk. Read all scheme-related documents, and 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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