Invest in bluechip funds, giving a return of 64% in the last 1 year
If you are looking for a place to invest these days where you can get a good return with low risk then you can start investing in mutual fund bluechip funds. Bluechip funds have returned 64% in the last 1 year. Today we are telling you about Bluechip Fund so that you too can make a profit by investing in it.
What is a Bluechip Fund?
They are large-cap mutual funds. However, some large-cap mutual funds have also attached bluechips to their names. Such as, Axis Bluechip Fund, ICICI Pru Bluechip Fund, SBI Bluechip Fund, Kotak Bluechip Fund or Franklin Bluechip Fund. Apart from that, Mira Asset Emerging Bluechip Funds from the Large and Mid Cap segment are Principal Emerging Bluechip Funds.
It carries less risk
Bluechip companies are companies that are very large in size and have a strong financial position. It is believed that their stocks have low volatility, so investing in them is less likely to result in losses, especially in the long run.
Large cap mutual fund schemes are required to invest at least 80% of the funds collected from investors in the top 100 companies. Bluechip funds are advised to invest in those investors who want to enter the stock market with less risk.
It is worth investing in for a long time
According to Pankaj Mathpal, a personal finance expert and founder and CEO of Optima Money Managers, investing in these schemes should be done with a time period of at least 5 years. One thing to keep in mind is that short-term stock market fluctuations can have a greater impact on your investment while in the long run the risk is lower.
With BLUECHIP MF PORTFOLIO App, you can get several views of your portfolio which will not only keep you abreast about its latest status, but also help you making important decisions for investment re-balancing, profit booking or stopping loss.
Here are some of the many features of theBLUECHIP MF PORTFOLIO App:
• Get a summary view of the current status of your investments across asset classes
• Get a summary view of the insurance cover of all members in your family
• Drill down to full detail
• View Upcoming portfolio events
• Get alerts about your important events such as life insurance premium due, general insurance renewals, SIP due, FMP maturity, etc.
• Buy / Redeem / Switch Mutual Funds online from any AMC
• Get best in the class MF advisory
• Raise a service ticket to your advisor
• Host of useful financial calculators to help you plan your short term and long term financial goals
• Digital Vault – access your important documents anytime from your Smartphone
• Provides coverage of all major General Insurance sections such as Health, Motor, Fire etc.
• Track small saving investments like PPF, NSC, KVP, FD, RD etc.
• Maintain your investments in Stocks, Bonds, Bullion, Commodities etc