Question: What Is Meant By Blue Chip Fund?

What is the meaning of Blue Chip Fund?

A blue-chip mutual fund is the one that invests in blue-chip stocks or shares, i.e.

in well-established companies with excellent overall financial performance.

In this article, we will learn more about blue-chip funds, how they work and much more.

Origin of Blue Chip..

Are bluechip funds good?

As these funds have underlying securities of stable companies, they are considered to be less risky than mid and Small cap funds. … Historically, these funds have performed well in the most market conditions. Many investors prefer Investing in bluechip funds as they are known for its stability over the long-run.

Is LIC better than sip?

LIC, SIP and mutual funds – the bottom line Advise them to, first, aim for financial security by investing in a life insurance plan and then they can plan their investments. … If, however, they want to invest in mutual funds, SIPs are the best way to go about it.

Which Bluechip fund is best?

Top 10 Large Cap Mutual FundsFund NameCategoryRatingAxis Bluechip FundEquity5 starCanara Robeco Bluechip Equity FundEquity5 starMirae Asset Large Cap FundEquity5 starEdelweiss Large Cap FundEquity4 star12 more rows

How do I invest in bluechip?

One can invest in bluechip funds through SIP route or lump sum route. Out of both, SIP investment is the most popular one. SIP investment is a way of investing small amounts regularly. They can opt for a monthly SIP or quarterly SIP.

Which mutual fund gives highest return?

Here is the list of top 10 schemes:ICICI Prudential Equity & Debt Fund.Mirae Asset Hybrid Equity Fund.Axis Bluechip Fund.ICICI Prudential Bluechip Fund.L&T Midcap Fund.DSP Midcap Fund.L&T Emerging Businesses Fund.HDFC Small Cap Fund.More items…•

How is Axis Blue Chip Fund?

Pros & Cons of Axis Bluechip Fund With a 7-year return of 14.86%, the fund has outperformed the benchmark index (12.33%) and the category average (12.21%). This Scheme has an impressive track record of out-performance. … The fund has proven to a dependable offering in this category.

Can we lose money in mutual funds?

There is no guarantee you will not lose money in mutual funds. In fact, in certain extreme circumstances you could end up losing all your investments. … Mutual funds are managed by fund managers who invest in a wide variety of stocks, bonds and commodities. So, it’s not that all of your mutual funds would fail.

Is SIP tax free?

Do all investments through SIP have tax benefits? Only investments in ELSS mutual funds through SIP have tax exemption of up to Rs 1.5 lakh a year under Section 80C.

What are the top 20 blue chip stocks?

These are the top blue-chip stocks for 2021. … Johnson & Johnson (ticker: JNJ) … Berkshire Hathaway (BRK.B) … JPMorgan Chase & Co. ( … 3M (MMM) … AbbVie (ABBV) … The Walt Disney Co. ( … AT&T (T)More items…•

Who owns Blue Chip?

Boyd GamingBlue Chip Casino, Hotel and SpaCasino typeRiverboat/LandOwnerBoyd GamingRenovated in2006, 2009Coordinates41.719968°N 86.893255°WCoordinates:41.719968°N 86.893255°W8 more rows

Which are blue chip companies?

Blue chip companies are the mature firms that represent the stalwarts of an industry. These stable, profitable, and long-lasting companies are relatively safe investments.

What is the riskiest mutual fund?

Top high-risk debt-oriented aggressive mutual fundsAditya Birla SL MIP II Wealth 25 Direct-G.IDFC Asset Allocation Moderate Direct-G.Tata Retirement Savings Conservative Direct-G.ICICI Pru Capital Protection Oriented Ser V Plan A Direct-G.Axis Income Saver Direct-G.Franklin India Life Stage FoF 40s Direct-G.More items…

Is Tesla blue chip?

Tesla is officially a blue-chip stock. The electric vehicle company will join the S&P 500, the premiere U.S. stock market index, the company overseeing the benchmark announced Monday.

Is Blue Chip safe?

Blue-chip stocks are considered safe investment options as they can endure economic downturns and are not highly volatile. They also present a slow but moderate growth potential. These are typically dividend-paying stocks where the payment is made quarterly.

Which SIP is best for 5 years?

Best SIP plans for 5 year investmentFund Name3-Year SIP Returns (%)5-Year SIP Returns (%)Kotak Emerging Equities Fund (Regular)6.54%9.73%INVESCO India Financial Services Fund (Regular)14.61%16.03%SBI Focused Equity Fund (Regular)12.40%12.94%Franklin Build India Fund (Regular)4.66%8.07%8 more rows•Jan 23, 2020

Which is best shares to buy?

HOT STOCKS – BEST STOCKS TO BUY TODAYComapny nameCREATE DATE/TIMETARGET PRICEUPL1/16/2020 12:47 PMTarget 596-600Sun Pharma.Inds.1/16/2020 12:47 PMTarget 460-462Kotak Mah. Bank1/16/2020 12:47 PMTarget 1706-1710

Which is the best SIP to invest in 2020?

Best SIP Plans for the Year 2020Fund NameMonthly Investment5 years ReturnICICI Prudential Bluechip Fund500010.81%Kotak Standard Multicap Fund500013.24%Motilal Oswal Focused 25 Fund500012.82%Nippon India large Cap Fund500010.9%6 more rows•Aug 24, 2020

Which fund has highest risk?

Top 10 High Risk Mutual FundsFund NameCategoryRiskSBI Banking & Financial Services FundEquityHighAditya Birla Sun Life India GenNext FundEquityHighInvesco India Infrastructure FundEquityHighBOI AXA Manufacturing & Infrastructure FundEquityHigh7 more rows

Which SIP plan is best?

Best SIP Investment Plans 2020Fund Name3 Year ReturnsLinkDSP Equity Opportunities Fund-1.23%Invest NowMotilal Oswal Long Term Equity Fund-1.75%Invest NowAditya Birla Sun Life Pure Value Fund-11.95%Invest NowHDFC Equity Fund-3.98%Invest Now6 more rows•Oct 28, 2020