Kotak Bluechip fund (Growth) is recommended for investment within large cap mutual funds.
Large cap funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
No single fund can achieve what a plan can. Learn why
Historical NAV
₹ 381.715
NAV (Sep 16)
Fund Returns
53.8%
Last 1Y
17.6%
Last 3Y
15%
Last 5Y
14.8%
Last 10Y
NA
Since Inception
Scheme Information
Investment Objective
To generate capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large Cap companies. There is no assurance that the investment objective of the Scheme will be achieved.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Kotak Mahindra Asset Management Co Ltd manages assets worth 274,398 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 37 equity,162 debt and 26 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
Kotak Bluechip Fund-Growth is an open-ended large-cap equity mutual fund scheme. It predominantly invests in equity and equity related securities of large-cap companies. The fund aims to achieve long-term capital appreciation over the investment tenure. The fund was previously known as Kotak 50 Reg Gr. It aims to outperform the benchmark with a risk lower than the benchmark. Kotak Mahindra Mutual Fund manages the fund with the fund manager being Mr. Harish Krishnan.
Kotak Bluechip Fund-Growth Investment Objective
The investment objective of the Scheme is To generate capital appreciation from a portfolio of predominantly equity and equity related securities falling under the category of large Cap companies. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved. The fund has an investment of 98.20% in equity and equity-related securities of which its investment in large-cap companies is 77.98% while in mid-cap companies its investment is 19.76%
Kotak Bluechip Fund-Growth Scheme Details
The scheme was launched on 29th December 1998 and it has been in existence for the past 23 years. It continues to provide inflation beating growth over the investment duration.
NAV and Returns – As of 17th June 2021, the NAV of the fund is Rs 338.26. The risk-o-meter of the fund is very high risk. Kotak Bluechip Fund-Growth is a 23-year-old fund and has delivered a return of 15.19% since its inception.
Minimum Investment – The fund requires a minimum SIP investment of Rs 1000 and a minimum lump sum investment of Rs 5000
Expense Ratio and Exit Load – The expense ratio for the fund is 2.11% which is higher than the expense ratio charged by other AMCs for similar funds. An exit load of 1% for units in excess of 10% of the investment for any redemption within 12 months. No exit load is charged if the redemption is done after 12 months.
Fund Manager – The fund is managed by Mr. Harish Krishan. Mr. Harish Krishan has been managing the fund since 1st January 2014. Currently, he is associated with Kotak Mahindra Mutual Fund. Prior to joining Kotak Mutual Funds he was managing Kotak Offshore Funds. He posses over 13 years of experience in Equity Research and Fund Management.
Other Details – No lock-in period for the scheme, you can redeem your investment anytime. The AUM of Kotak Bluechip Fund is Rs 2,643 cr. The fund benchmarks to IISL Nifty 50 TR INR. This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term.
Last 1 Year Return
61.30 %
Last 3 Years Return
14.80 %
Last 5 Years Return
14.10 %
Last 10 Years Return
13.10 %
Returns Updated as of 17th June 2021
Kotak Bluechip Fund-Growth Top Stock Holdings
The Kotak Bluechip Fund-Growth has invested its assets majorly in the stocks of the following companies:
Company
Percentage of Holding
ICICI Bank Limited
8.20%
HDFC Bank Limited
7.50%
Reliance Industries Limited SHS Dematerialised
7.40%
Infosys Limited
7.10%
Tata Consultancy Services Limited
4.70%
Hindustan Unilever Limited
3.50%
Axis Bank Limited
3.30%
Housing Development Finance Corp Limited
3%
Asset Allocation of Kotak Bluechip Fund-Growth
The Kotak Bluechip Fund-Growth has invested in the following sectors:
Sector
Percentage of Holding
Financial Services
32.20%
Technology
14.70%
Consumer Cyclical
10%
Energy
8.90%
Consumer Defensive
8.20%
Industrial
6.10%
Basic Materials
5.40%
Kotak Bluechip Fund-Growth Review
Scripbox recommends Kotak Bluechip Fund-Growth for investment within large cap mutual funds. Large-cap mutual funds provide inflation-beating growth over the long term. These funds are suitable for an investment objective with an investment duration of 10-15 years or longer (mininmum 5 years).
The fund has an extended history of 23 years for analysis. Track record is excellent.
With an AUM or relative size of Rs 2,643 cr, the fund is a large in size with its category.
The scheme has performed well consistently over a period of time and the returns earned are similar to other funds in the same category of mutual funds.
Very low impact of interest rate changes on the fund. In a way, the scheme has proven to be dependable under the large-cap mutual fund category.
How Scripbox Algorithmically Selects Mutual Funds?
Scripbox uses time-tested principles, historical data, and valid assumptions about asset classes. We combine them with a rigorous process to finalize which asset classes make the most sense for specific types of objectives, considering the time needed to achieve them.
Once we select an asset class, our algorithm goes to work to select the best financial products.
The algorithm scores financial products on multiple parameters, giving relevant weights to each of the listed parameters, such as:
Track record of the product – how long has it been around?
Assets under management – how big is it – for example, the size of a mutual fund
Liquidity – how easy is it to move in or out of the product?
Consistency of performance – how much have the returns fluctuated?
The risk associated with the product – what risks impact the product?
Quality of underlying assets – we assess how risky the underlying assets are – for example, by considering bond ratings in the case of debt funds
With such a scientific and detailed approach Scripbox ensures:
