Best Blue Chip Mutual Funds In India 

The below table shows the Best Blue Chip Mutual Funds In India based on AUM, NAV, and minimum SIP.

What are Blue Chip Mutual Funds?

Blue Chip Mutual Funds invests primarily in blue chip stocks, which are shares of well-established companies with a history of financial stability and consistent performance. These funds are considered low-risk and are favored for steady returns.

Blue chip mutual funds target companies that are leaders in their industries, offering reliability and potentially steady dividend payments. These funds are appealing to conservative investors looking for growth with lower volatility compared to the broader market.

Investing in blue chip mutual funds provides diversification across top-performing firms without the need to invest in each stock individually. This makes it easier for investors to maintain a balanced portfolio with less exposure to the ups and downs of individual stocks.

Top 10 Bluechip Mutual Funds

The table below shows the Top 10 Bluechip Mutual Funds based on the lowest to highest expense ratio.

Best Blue Chip Mutual Funds In India

The table below shows the Best Blue Chip Mutual Funds In India based on the Highest 3Y CAGR. 

List Of Top 10 Bluechip Mutual Funds To Invest In India

The table below shows the List Of the Top 10 Bluechip Mutual Funds To Invest In India based on exit load, i.e., the fee that the AMC charges investors when they exit or redeem their fund units.

Top 10 Blue Chip Mutual Funds In India

The table below shows the Top 10 Blue Chip Mutual Funds In India based on Absolute 1 Year Return and AMC.

Who Should Invest In Blue Chip Mutual Funds In India?

Investors looking for stable returns and lower risk should consider blue chip mutual funds in India, which invest in well-established companies known for their market leadership and financial robustness. These funds are ideal for those prioritizing safety and gradual wealth accumulation.

Blue chip mutual funds are especially suitable for conservative investors who aim to build wealth steadily over time without the ups and downs of more volatile investments. They are good for long-term goals like retirement planning, providing gradual growth.

These funds can also be a solid choice for new investors because of their focus on financially sound and less risky companies. This makes blue chip mutual funds a less intimidating entry point into the stock market.

How To Invest in the Blue Chip Mutual Funds In India?

To invest in blue chip mutual funds in India, start by researching and selecting a fund that aligns with your financial goals and risk tolerance. Consider the fund’s performance history, the stability of the companies it invests in, and its management team.

Next, choose an investment method—either a lump sum or a systematic investment plan (SIP). A lump sum involves investing a significant amount at once, while SIP allows you to invest smaller, regular amounts. SIPs are particularly effective for building wealth gradually and benefiting from rupee cost averaging.

Finally, complete the necessary paperwork or digital forms to open an investment account if you don’t already have one. You can invest directly through mutual fund companies or use brokerage platforms. Ensure you understand the fees, terms, and conditions associated with your investment.

Performance Metrics Of Blue Chip Mutual Funds In India 

Performance metrics of blue chip mutual funds in India include returns, risk assessments, and expense ratios. These indicators help investors evaluate the fund’s past performance and estimate its future potential, guiding investment decisions for those seeking stable, long-term growth.

Firstly, the annualized returns of these funds offer insight into their consistency and potential profitability over time. Investors should compare these returns to benchmark indices like the S&P BSE Sensex or Nifty 50 to assess relative performance. This comparison helps identify funds that consistently outperform the market.

Secondly, the Sharpe Ratio and Alpha are crucial for evaluating risk-adjusted returns and the fund manager’s performance relative to the market. A higher Sharpe Ratio indicates better return per unit of risk taken, while a positive Alpha suggests the fund has outperformed its benchmark, factoring in its inherent risk.

Benefits of Investing in Blue Chip Mutual Funds In India 

The main benefits of investing in blue chip mutual funds in India include financial stability and consistent returns. These funds invest in established companies with robust business models, making them less volatile and more reliable for long-term growth. Investors can expect steady dividend income and potential capital appreciation.

• Stable Giants: Blue chip mutual funds invest in top-tier companies that are leaders in their industries. These firms offer financial stability and resilience during market fluctuations, providing a safer investment option for those wary of high volatility.
• Consistent Performers: Historically, blue chip companies have delivered consistent financial performance. By investing in these mutual funds, individuals gain exposure to businesses that regularly pay dividends and are likely to appreciate over time, contributing to steady portfolio growth.
• Lower Risk: Due to their established market presence and consistent revenue streams, blue chip companies pose lower risks compared to newer or less stable firms. This makes blue chip mutual funds an excellent choice for conservative investors seeking to minimize their investment risks.
• Diversification: Blue chip mutual funds offer diversification across various top-performing sectors, reducing the impact of poor performance in any single sector on the overall fund portfolio. This diversification helps in balancing the investment risks and returns.
• Professional Management: Investors benefit from professional fund management when investing in blue chip mutual funds. Experienced managers handle the buying and selling of stocks, leveraging their expertise to optimize the portfolio’s performance and align it with the fund’s investment objectives.

Challenges Of Investing In Blue Chip Mutual Funds In India 

The main challenges of investing in blue chip mutual funds in India include lower growth potential compared to more aggressive investments. These funds typically offer steady returns but may not achieve the high growth rates seen in emerging markets or more volatile sectors.

• Growth Limitations: While blue chip mutual funds offer stability, they may lack the high growth potential of newer, more dynamic companies. Investors seeking rapid growth might find these funds too conservative, potentially limiting wealth maximization in booming market sectors.
• Market Saturation: Established companies in blue chip funds often face market saturation, limiting their expansion opportunities. This can lead to slower growth rates compared to younger, more agile companies that are still expanding their market presence.
• Low Risk, Low Reward: The very stability that makes blue chip mutual funds attractive also means they typically offer lower returns. For those willing to tolerate higher risk for potentially greater rewards, other investment classes might be more suitable.
• Dividend Dependence: Many investors are attracted to blue chip funds for their dividend payouts. However, during economic downturns, even established companies may cut dividends, affecting fund performance and investor returns.
• High Entry Cost: Investing in blue chip mutual funds often requires a higher initial investment compared to other types of funds. This can be a barrier for investors with limited capital who are looking to diversify their portfolios.

Introduction to Best Blue Chip Mutual Funds In India 

ICICI Pru Bluechip Fund

ICICI Prudential Bluechip Fund Direct-Growth is a Large Cap mutual fund scheme from ICICI Prudential Mutual Fund. This fund has been in existence for 12 years 2 months, having been launched on 01/01/2013.

ICICI Pru Bluechip Fund falls under the Large Cap Fund category with an AUM of ₹60,177.20 crores, a 5-year CAGR of 27.33%, an exit load of 1, and an expense ratio of 0.93%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 95.61%, Debt – 0.78%, and Other – 3.61%.

SBI BlueChip Fund

SBI Bluechip Direct Plan-Growth is a Large Cap mutual fund scheme from SBI Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

SBI BlueChip Fund falls under the Large Cap Fund category with an AUM of ₹46,139.85 crores, a 5-year CAGR of 24.46%, an exit load of 1, and an expense ratio of 0.88%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 95.78%, Debt – 1.12%, and Other – 3.1%.

Mirae Asset Large Cap Fund

Mirae Asset Large Cap Fund Direct- Growth is a Large Cap mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

Mirae Asset Large Cap Fund falls under the Large Cap Fund category with an AUM of ₹35,532.55 crores, a 5-year CAGR of 23.18%, an exit load of 1, and an expense ratio of 0.55%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 99.29%, Debt – NIL, and Other – 0.71%.

HDFC Large Cap Fund

HDFC Large Cap Fund Direct Plan-Growth is a Large Cap mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

HDFC Large Cap Fund falls under the Large Cap Fund category with an AUM of ₹33,913.31 crores, a 5-year CAGR of 26.61%, an exit load of 1, and an expense ratio of 1.02%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 99.55%, Debt – NIL, and Other – 0.45%.

Axis Bluechip Fund

Axis Bluechip Fund Direct Plan-Growth is a Large Cap mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

Axis Bluechip Fund falls under the Large Cap Fund category with an AUM of ₹30,517.08 crores, a 5-year CAGR of 18.6%, an exit load of 1, and an expense ratio of 0.72%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 88.15%, Debt – 12.91%, and Other – (-1.06)%.

Aditya Birla SL Frontline Equity Fund

Aditya Birla Sun Life Frontline Equity Direct Fund-Growth is a Large Cap mutual fund scheme from Aditya Birla Sun Life Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

Aditya Birla SL Frontline Equity Fund falls under the Large Cap Fund category with an AUM of ₹26,286.10 crores, a 5-year CAGR of 24.84%, an exit load of 1, and an expense ratio of 1.03%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 97.64%, Debt – 0.69%, and Other – 1.67%.

Kotak Bluechip Fund

Kotak Bluechip Fund Direct-Growth is a Large Cap mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

Kotak Bluechip Fund falls under the Large Cap Fund category with an AUM of ₹8,717.81 crores, a 5-year CAGR of 25.39%, an exit load of 1, and an expense ratio of 0.62%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 94.59%, Debt – 0.89%, and Other – 4.53%.

Franklin India Bluechip Fund

Franklin India Bluechip Direct Fund-Growth is a Large Cap mutual fund scheme from Franklin Templeton Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

Franklin India Bluechip Fund falls under the Large Cap Fund category with an AUM of ₹6,937.44 crores, a 5-year CAGR of 23.69%, an exit load of 1, and an expense ratio of 1.18%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 96.87%, Debt – NIL, and Other – 3.13%.

DSP Top 100 Equity Fund

DSP Top 100 Equity Direct Plan-Growth is a Large Cap mutual fund scheme from DSP Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

DSP Top 100 Equity Fund falls under the Large Cap Fund category with an AUM of ₹4,519.34 crores, a 5-year CAGR of 24.4%, an exit load of 1, and an expense ratio of 1.05%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 91%, Debt – NIL, and Other – 9%.

Invesco India Largecap Fund

Invesco India Largecap Fund Direct-Growth is a Large Cap mutual fund scheme from Invesco Mutual Fund. This fund has been in existence for 12 years and 2 months, having been launched on 01/01/2013.

Invesco India Largecap Fund falls under the Large Cap Fund category with an AUM of ₹1,229.29 crores, a 5-year CAGR of 25.04%, an exit load of 0, and an expense ratio of 0.75%. The SEBI risk category is Very High.

The fund’s asset allocation comprises: Equity- 99.55%, Debt – NIL, and Other – 0.45%.

Top 10 Blue Chip Mutual Funds In India – FAQs

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.