Top Blue Chip Shared Assets in India: Do you have any idea that short of what 33% of India’s populace is monetarily educated? They are the ones who can take powerful choices utilizing their monetary discernment. Numerous others, despite the fact that they have what it takes, need more opportunity to deal with their portfolios. Then they put resources into shared reserves. Reserve administrators are experts who produce better returns and oversee risk by dealing with financial backers’ cash. Most financial backers make it a highlight put resources into something like one blue-chip common asset.
Top Blue Chip Shared Assets In IndiaIn this article, we will examine a portion of the top blue chip common subsidizes in India. We will look at them based on boundaries like Annualized Return, Cost Proportion, Resources Under Administration (AUM), and the sky is the limit from there. We have considered Direct-Development Plan for these assets. Continue to peruse to find out!
Top Blue Chip Mutual Fund #1 in India – Canara Robeco Bluechip Equity Fund
| fund company | Canara Robeco Asset Management Company | 1 year return | 6.03 |
| Date of Establishment | August 20, 2010 | 3 Year Returns (Annualized) | 18.93 |
| Fund Size (AUM in Crore) | 8,642 | 5 Year Returns (Annualized) | 14.60 |
| number of stock held | 45 | expense ratio | 0.42% |
| stock allotment | 96.03% | Exit Load (after 1 year) | 0.00% |
Canara Robeco Bluechip Value Asset is a bluechip store from Canara Robeco Resource The board Organization. This asset is in presence since August 20, 2010 and has an AUM of INR 8,642 Crores. It tracks the S&P BSE 100 India File. The asset’s goal is to give capital appreciation by putting prevalently in organizations with enormous market capitalization.
Designation
96.03% of the asset’s corpus is distributed in values with an emphasis on monetary, innovation, energy, shopper staples and auto areas. These speculations are in 45 stocks. Top property of the asset incorporate HDFC Bank (9.79%), ICICI Bank (8.19%), Infosys (7.16%), Dependence Enterprises (6.26%) and State Bank of India (4.20%). 51.69% of its resources are in its best ten property.
Return
The asset can possibly convey predictable returns and is in accordance with the vast majority of the assets in its classification. Canara Robeco Bluechip Value Asset has given 1 year returns of 6.03% as against 6.38% by the benchmark. It has Long term Annualized Returns of 18.93% (Benchmark 20.37%) and Long term Annualized Returns of 14.60% (Benchmark 12.28%).
It has a Leave Heap of 0.00% following one year and a cost proportion of 0.42%. In the event of Taste the base add up to be contributed is ₹ 1,000 and singular amount sum is ₹ 5,000.
reserve chief
Shreedutt Industrialist is a BE (Mechanical) and MMS (Money). He has worked with SBI Benefits Asset Pvt. Ltd. as Head-Exploration, Legacy India Warning Pvt. Ltd. beforehand as Senior Value Investigator, Motilal Oswal Protections and MF Worldwide Protections.
Vishal Mishra has over 10 years of experience in the field of Equity Research and Credit Research. Previously associated with IL&FS Investments Limited, CRISIL Limited and Quantum Information Services Limited.
Top Blue Chip Mutual Funds in India #2 – Kotak Bluechip Fund
| fund company | Kotak Mahindra Asset Management Company | 1 year return | 8.00% |
| Date of Establishment | Jan 01, 2013 | 3 Year Returns (Annualized) | 20.23% |
| Fund Size (AUM in Crore) | 5,259 | 5 Year Returns (Annualized) | 12.88% |
| number of stock held | 58 | expense ratio | 0.64% |
| stock allotment | 98.53% | Exit Load (after 1 year) | 0.00% |
Kotak Bluechip Asset is a bluechip store from Canara Robeco Resource The executives Organization. Kotak Mahindra Resource The board Organization. This asset is in presence since January 01, 2013 and its AUM is Rs.5,259 Crore. It tracks the S&P BSE 100 India Record.
The goal of the asset is to look for capital appreciation from an arrangement of overwhelmingly value and value related protections falling under the class of enormous cap organizations.
allotment
98.53% of the asset’s corpus is designated in values with an emphasis on monetary, innovation, auto, energy and purchaser staples areas. These ventures are in 58 stocks. Top possessions of the asset incorporate ICICI Bank (7.07%), HDFC Bank (6.54%), Dependence Businesses (6.14%), Infosys (5.66%), and ITC (4.01%). 46.32% of its resources are in its main ten possessions.
Return
Kotak Bluechip Asset has given 1 year returns of 8.00% as against 6.38% of the benchmark. It has Long term Annualized Return of 20.23% (Benchmark 20.37%) and Long term Annualized Return of 12.88% (Benchmark 12.28%). It has a Leave Heap of 0.00% following one year and a cost proportion of 0.64%. In the event of Taste the base add up to be contributed is ₹ 1,000 and singular amount sum is ₹ 5,000.
reserve supervisor
Harish Krishnan is dealing with the asset since January 01, 2014. He has 13 years of involvement with Value Exploration and Asset The executives. He was related with Infosys Advances in his most memorable spell. He holds CFA, PGDBM (IIM Kozhikode) and B.Tech (Gadgets and Correspondences).
Top Blue Chip Mutual Funds in India #3 – ICICI Prudential Bluechip Fund
| fund company | ICICI Prudential Asset Management Company | 1 year return | 7.83% |
| Date of Establishment | 23 May 2008 | 3 Year Returns (Annualized) | 20.48% |
| Fund Size (AUM in Crore) | 34,199 | 5 Year Returns (Annualized) | 11.70% |
| number of stock held | 71 | expense ratio | 1.67% |
| stock allotment | 91.15% | Exit Load (after 1 year) | 0.00% |
ICICI Prudential Bluechip Asset is a bluechip reserve from ICICI Prudential Resource The board Organization. This asset is in presence since May 23, 2008 and has an AUM of Rs 34,199 Crore. It tracks the Clever 100 Record. The goal of the asset is to create long haul capital appreciation and pay conveyance to financial backers from a portfolio that is transcendently put resources into value and value related protections of huge cap organizations.
Distribution
91.15% of the asset’s corpus is dispensed in values with an emphasis on monetary, energy, innovation, car and development areas. These speculations are in 71 stocks. Top property of the asset incorporate ICICI Bank (9.34%), Dependence Businesses (8.02%), HDFC Bank (7.08%), Infosys (6.65%), and Larsen and Toubro (6.55%). Its best ten possessions hold 55.56% of its resources.
Return
ICICI Prudential Bluechip Asset has given 1 year returns of 7.83% as against 6.38% of the benchmark. It has Long term Annualized Return of 20.48% (Benchmark 20.37%) and Long term Annualized Return of 11.70% (Benchmark 12.28%). It has a leave heap of 0.00% following one year and a cost proportion of 1.67%. In the event of Taste the base add up to be contributed is ₹100 and the singular amount sum is ₹100.
store supervisor
Anish Tawakle is a PGDM (MBA) from IIM Bangalore and B. Tech (Mechanical Designing) from IIT Delhi. Before joining ICICI AMC, he worked with Barclays India – Value Exploration, and Credit Suisse India – Value Exploration – Indian Monetary Administrations Area.
Vaibhav Dusad has done BTech, MTech and MBA. He has recently worked with Morgan Stanley, HSBC Worldwide Banking and Markets, CRISIL, Zinov The board Counseling and Citibank Singapore.
Top Blue Chip Mutual Funds in India #4 – Axis Bluechip Fund
| fund company | Axis Asset Management Company Limited | 1 year return | -3.54 |
| Date of Establishment | Jan 05, 2010 | 3 Year Returns (Annualized) | 10.87 |
| Fund Size (AUM in Crore) | 33,050 | 5 Year Returns (Annualized) | 11.08 |
| number of stock held | 35 | expense ratio | 1.65% |
| stock allotment | 86.42% | Exit Load (after 1 year) | 0.00% |
Axis Bluechip Fund is a bluechip fund from Axis Asset Management Company. The fund is in existence since January 05, 2010, and has an AUM (assets under management) of Rs 33,050 crore. It tracks the S&P BSE 100 India Index. Its objective is to achieve long-term capital appreciation by investing in a diversified portfolio consisting primarily of equity and equity related securities of large cap companies including derivatives.
allocation
86.42% of the fund’s money is allocated to equities, and 12.77% of its money is currently held in cash. Most of its money is invested in the financial, technology, energy, services and automobile sectors. These investments are in 35 stocks. Its top holdings include ICICI Bank (9.12%), HDFC Bank (9.08%), Bajaj Finance (7.95%), Infosys (6.68%), and Avenue Supermarts (5.84%). 59.16% of its assets are in its top ten holdings.
Return
Axis Mutual Fund has given 1 year return of -3.54% as against 6.38% of the benchmark. It has 3 Year Annualized Return of 10.87% (Benchmark 20.37%) and 5 Year Annualized Return of 11.08% (Benchmark 12.28%). It has an exit load of 0.00% after one year and an expense ratio of 1.65%. In case of SIP the minimum amount to be invested is ₹100 and lump sum amount is ₹500. This fund is mainly suitable for long term investments.
fund manager
Shreyash Dewalkar is a B.Tech from UDCT Mumbai and PGDM (Management) from JBIMS Mumbai University, He has previously worked as Fund Manager at BNP Paribas Mutual Fund, IDFC Capital, JP Morgan Services India and Calyon Bank.
List of Top Blue Chip Mutual Funds in India
Here is a summary of top blue chip mutual funds in India:
| Size (AUM in Rs. Crore) | inception date | 1 year return | 3 Year Returns (Annualized) | expense ratio | Exit Load (after 1 year) | Assets in Top 10 Holdings (%) | number of stock held | Stock Allocation (%) | |
| Canara Robeco Bluechip Equity Fund | 8,642 | August 20, 2010 | 6.03% | 18.93% | 0.42% | 0.00% | 51.69% | 45 | 96.03% |
| Kotak Bluechip Fund | 5,259 | Jan 01, 2013 | 8.00% | 20.23% | 0.64% | 0.00% | 46.32% | 58 | 98.53% |
| ICICI Prudential Bluechip Fund | 34,199 | 23 May 2008 | 7.83% | 20.48% | 1.67% | 0.00% | 55.56% | 71 | 91.15% |
| Axis Bluechip Fund | 33,050 | Jan 05, 2010 | -3.54% | 10.87% | 1.65% | 0.00% | 59.16% | 35 | 86.42% |
in closing
In this article, we took a look at some of the top blue chip mutual funds in India. Mutual funds are long term investments and looking at returns for one year is insufficient. Some funds may not perform well in the short term but they can give good returns in the long term. It is better to choose such funds which have low expense ratio but have a tendency to give high returns. That’s all for this article guys. Will be happy to invest till next time.
Now you can get latest updates in share market business minded news and you can also use our trade brains stock screener To find the best stocks.
