Top Blue Chip Mutual Funds in India (2024)

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Top Blue Chip Mutual Funds in India (1)

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Bluechip Mutual Funds are appealing to investors due to their investment methods as they belong to economical, top-performing and well-established businesses. These market leaders have a high capacity to tolerate market fluctuations, providing consistent returns in the long run. As a result, these funds are reliable investment options for both risk-averse and experienced investors. In the upcoming years, Bluechip Mutual Funds will be better positioned to leverage new opportunities as appealing options that deliver security, dividends and capital growth. Explore India's top Bluechip Mutual Funds worthy of investment in the following sections.

List of the top 10 Bluechip Mutual Funds to invest in India

Fund name

3-year return

5-year return

AUM (Crores)

Expense ratio

ICICI Prudential Bluechip Fund

20.4%

16.5%

18,500

1.10%

HDFC Top 100 Fund

15.6%

18.2%

20,000

0.85%

SBI Bluechip Fund

13.9%

15.7%

15,300

1.25%

Axis Bluechip Fund

17.2%

19.6%

12,800

1.35%

Mirae Asset Large Cap Fund

18.5%

20.8%

10,700

1.20%

Kotak Bluechip Fund

15.1%

17.4%

11,200

1.30%

Invesco India Bluechip Fund

14.6%

16.3%

9,500

1.20%

Franklin India Bluechip Fund

19.2%

21.8%

6,500

1.35%

An overview of the Top Bluechip Funds in India

  1. ICICI Prudential Bluechip Fund: This is a well-known Bluechip Mutual Fund in India, delivering a 20.4% 3-year return and 16.5% 5-year return. Concentrating on stable Bluechip companies, it has higher chances of growth and consistency. Conservative investors find it appealing due to less fluctuations and long-term fund growth.

  2. HDFC Top 100 Fund: HDFC Top 100 Fund is a notable Bluechip Mutual Fund in India, delivering a 15.6% 3-year return and 18.2% 5-year return. It is particularly appealing to investors looking for substantial returns as it generates stable returns with consistent growth potential by investing in top-performing, financially sound companies across various industries.

  3. SBI Bluechip Fund: This Bluechip Fund delivers sufficient returns in India. With investments in market-leading companies, it has an established track record with growth potential and stability. If you are looking for a reliable Mutual Fund with less risk exposure, SBI Bluechip Fund might be the best choice.

  4. Axis Bluechip Fund: The fund emphasises on large-cap companies with stable returns and good fundamentals. Consistent growth makes it an appealing option if you are looking for stable growth and steady returns. It exposes you to well-established companies with a promising future.

  5. Mirae Asset Large Cap Fund: Mirae Asset Large Cap Fund is a growth-oriented Bluechip Mutual Fund in India with exceptional return rates for three and five years. The fund invests in large-cap companies with high potential for long-term financial growth. You will find this fund appealing if you are looking for a fund that invests in financially sound, well-established companies.

  6. Kotak Bluechip Fund: This is one of India's leading Bluechip Mutual Funds, offering impressive returns for three and five years. The fund emphasises on reputable large-cap companies, making it one of the best options if you are looking for exposure and steady returns from respectable industry leaders.

  7. Invesco India Bluechip Fund: The fund's portfolio concentrates on investing in large-cap companies with strong fundamentals. It offers ample stability and growth potential and offers high returns over three and five years. If you want to build a well-balanced investment portfolio with stable returns from well-established businesses, Invesco India Bluechip Fund might be the right choice.

  8. Franklin India Bluechip Fund: As a popular mid-cap and large-cap fund in India, it focuses on established and stable companies with ample potential for growth. It helps you build a balanced strategy to ensure long-term wealth creation.

Benefits of Investing in Bluechip Funds

Here are a few benefits that Bluechip Funds offer:

They are ideal investment options to achieve long-term financial goals as they provide sufficient time to build wealth Since they are highly popular among investors, they often come with high liquidity levels With investments in high-profile companies, these funds have multiple channels for revenue generation, thus diversifying your portfolio.

Factors to consider when choosing a Bluechip Fund for investment

Now that you know the top ten Bluechip Mutual Funds for investment, here are a few factors to consider:

  • Fund size: Consider the fund size before investing. Bigger funds may find it challenging to stay agile and allocate assets effectively. Limited investment choices may lead the fund to produce lesser returns

  • Expense ratio: Enquire about the expense ratio, the annual amount you must pay to the fund house and the charges for professional fund management. Prefer a lower expense ratio as it will directly affect your overall returns

  • Goal alignment: Select a Bluechip Fund according to your investment goals. Also, ensure that it matches your risk tolerance level

  • Fund performance: Check the fund’s historical performance and use it as a benchmark to select funds. Looking at the fund’s performance in the past 3 to 5 years gives a fair idea about the fund

  • Fund diversification: Look into portfolio diversification and ensure that it invests in a good mix of various industries and sectors.

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Top Blue Chip Mutual Funds in India (2024)

FAQs

What are the top 5 performing mutual funds India? ›

Fund House Fund Category Fund Rank and Ratios Fund Parameters Investment Parameters Filter
Scheme NamePlan6M
SBI Contra Fund - Direct Plan - GrowthDirect Plan25.03%
Invesco India Contra Fund - Direct Plan - GrowthDirect Plan23.39%
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - GrowthDirect Plan32.76%
25 more rows

Which mutual fund has the highest return in India? ›

Quant Small Cap Fund(G) tops the chart with over 39% returns followed by Quant Mid Cap Fund(G), Nippon India Small Cap Fund(G), Quant Flexi Cap Fund(G) and Motilal Oswal Midcap Fund-Reg(G) in the same pecking order.

Is Bluechip mutual fund a good investment? ›

Yes, Blue Chip Funds can generally be good investments. They focus on well-established, financially stable companies, offering stability and the potential for consistent returns. However, suitability depends on your financial goals and risk tolerance.

What are the top 5 performing mutual funds? ›

Best-performing U.S. equity mutual funds
TickerName5-year return (%)
STSEXBlackRock Exchange BlackRock16.27%
USBOXPear Tree Quality Ordinary16.13%
FGLGXFidelity Series Large Cap Stock16.08%
PRCOXT. Rowe Price U.S. Equity Research16%
3 more rows
Mar 29, 2024

Which bluechip fund is best to invest? ›

SBI Bluechip Fund: This Bluechip Fund delivers sufficient returns in India. With investments in market-leading companies, it has an established track record with growth potential and stability. If you are looking for a reliable Mutual Fund with less risk exposure, SBI Bluechip Fund might be the best choice.

Which is the safest mutual fund in India? ›

Overview of the Best Low Risk Mutual Funds
  • Invesco India Arbitrage Fund. ...
  • Edelweiss Arbitrage Fund. ...
  • Bank of India Overnight Fund. ...
  • Mirae Asset Overnight Fund. ...
  • Axis Overnight Fund. ...
  • Kotak Equity Arbitrage Fund. ...
  • Tata Arbitrage Fund. ...
  • Nippon India Arbitrage Fund.
Mar 7, 2024

Which SIP is best for next 10 years? ›

Best SIP Plans for 10 Years in Debt Funds
  • HDFC Dynamic Debt Fund. ...
  • HDFC Income Fund. ...
  • Aditya Birla Sun Life Banking and PSU Debt Fund. ...
  • Aditya Birla Sun Life Equity Hybrid 95 Fund. ...
  • HDFC Hybrid Equity Fund. ...
  • HDFC Balanced Advantage Fund. ...
  • Reliance Balanced Advantage Fund. ...
  • ICICI Prudential Multi-Asset Fund.
Jan 10, 2024

What is the most successful mutual fund? ›

Top 25 Mutual Funds
RankSymbolFund Name
1VSMPXVanguard Total Stock Market Index Fund;Institutional Plus
2FXAIXFidelity 500 Index Fund
3VFIAXVanguard 500 Index Fund;Admiral
4VTSAXVanguard Total Stock Market Index Fund;Admiral
21 more rows

Which SIP gives 30% return? ›

Quant Flexi Cap Fund, Quant Active Fund, and Quant ELSS Tax Saver Fund - a flexi cap, multi cap, and an ELSS fund from Quant Mutual Fund, offered 33.49%, 30.58%, and 34.05% respectively. HDFC Mid-Cap Opportunities Fund, the largest scheme in the mid cap category based on assets managed, offered 30.52%.

What is the return of blue chip fund? ›

1. Current NAV: The Current Net Asset Value of the SBI Bluechip Fund as of Apr 19, 2024 is Rs 79.79 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 26.12% (1yr), 16.48% (3yr), 15.08% (5yr) and 12.1% (since launch).

What is the safest investment with highest return in India? ›

10 Safest Investment Options in India
  • Fixed Deposit (FD) ...
  • Life Insurance. ...
  • Public Provident Fund (PPF) ...
  • National Pension Scheme (NPS) ...
  • Gold. ...
  • Savings Bonds. ...
  • Recurring Deposits. ...
  • National Savings Certificate.
Feb 19, 2024

Which is better blue-chip or index fund? ›

Therefore, investors would be better off investing in an index fund instead of large-cap or Bluechip funds. This way, they don't need to worry about the performance of their scheme or selecting a fund that would outperform the index.

Should I stop investing in Axis blue-chip fund? ›

Over the past 3 to 5 years, this fund hasn't done as well as we'd like compared to a standard benchmark. However, if you are concerned about the fund's recent underperformance or if you need to access your money in the near term, you may consider exiting the fund.

Is Axis Bluechip fund good or bad? ›

Return Outperformance: This fund has generated highest return amongst Large Cap funds in the last 10 Years. Return/Risk: For every unit of risk this fund takes, it produces 20% more returns. Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.

Which is best mutual fund to invest now in India? ›

BEST MUTUAL FUNDS
  • Bank of India Flexi Cap Fund Direct Growth. ...
  • JM Flexicap Fund (Direct) Growth Option. ...
  • Quant Flexi Cap Fund Growth Option Direct Plan. ...
  • Motilal Oswal Flexicap Fund Direct Plan Growth. ...
  • ITI Flexi Cap Fund Direct Growth. ...
  • Invesco India Flexi Cap Fund Direct Growth. ...
  • Franklin India Flexi Cap Fund Direct Growth.

Is SBI Bluechip mutual fund good or bad? ›

It falls under a Large Cap category. After being launched on 01-02-2006, this fund has delivered 25.37% average annual returns. SBI Blue Chip Fund-Regular Plan Growth has achieved Rs 43487.36 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 5000 to start the investment.

Which is best performing Nippon mutual fund? ›

List of Nippon India Equity Mutual Funds in India
Fund NameCategory1Y Returns
Nippon India Tax Saver (ELSS) FundEquity16.2%
Nippon India ELSS Tax Saver FundEquity44.7%
Nippon India Liquid FundDebt7.4%
Nippon India Equity Hybrid FundHybrid31.9%
7 more rows

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