Kotak Bluechip Direct Growth
Min amount: ₹1,000
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Exit Load||1% for 365 Days|
More about this fund
|HDFC Bank Ltd||7.76%|
|ICICI Bank Ltd||7.53%|
|Reliance Industries Ltd Shs Dematerialised||7.44%|
|Tata Consultancy Services Ltd||5.26%|
|Hindustan Unilever Ltd||4.13%|
|Axis Bank Ltd||2.88%|
|Housing Development Finance Corp Ltd||2.86%|
|Kotak Mahindra Bank Ltd||2.75%|
|Larsen & Toubro Ltd Shs Dematerialised||2.53%|
About Kotak Bluechip Fund
Kotak Bluechip Fund, an open-ended equity fund, invests mainly in large market capitalisation segments across various sectors. The fund attempts to identify the companies that are relatively stable and selects stocks based on financial strength of companies, their reputation, liquidity, track record, and management strategies. It aims to generate long-term capital appreciation and the portfolio comprises equity and equity-related instruments from 50-59 companies.
Pros and Cons of Kotak Bluechip Fund
The one-year and three-year returns of the fund have been higher than the category average returns so far. However, the five-year return has been lower than that of the category average returns. Also, the risk-adjusted returns are lower than the category.
Fund Information and Statistics
i) Inception/Launch Date
Kotak Bluechip Fund was launched on 29 December 1998.
ii) Risk Level
Kotak Bluechip Fund comes with a moderately high risk profile since the fund invests in equity and equity-related instruments predominantly.
No lock-in period is applicable for the amount invested in the fund, making it convenient for you to redeem the fund units at any time. However, an exit load may be charged based on the time of redemption.
iv) Fund Manager
The current Fund Manager for Kotak Bluechip Fund is Mr Harish Krishnan.
v) Entry/Exit Load
Though entry load is not charged, an exit load is chargeable when you redeem/switch out the fund units. An exit load of 1% is charged on redemption/switch out of excess of 10% of the initial investment amount within a year from the date of allotment. After one year, no exit load is applicable.
About Kotak Mahindra Mutual Fund
Kotak Mahindra Mutual Fund registered with SEBI on 23 June 1998. The fund house offers around 94 different folios to its customers as on 30 June 2020. The sponsor for the fund house is Kotak Mahindra Bank Limited and the trustee company is Kotak Mahindra Trustee Co. Limited.
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Frequently Asked Questions
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Min amount: ₹1,000
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns