Kotak Bluechip Fund Review

Kotak Bluechip Fund is one of the oldest “Large Cap” Fund. It was earlier known as “Kotak 50” Fund, but after SEBI’s classification, it was renamed as “Kotak Bluechip” Fund.

It primarily invests in Bluechip(Gaint)stocks which has impressive track record. The Fund has more than 22 years of sound track record which has sailed through ups and downs in the market. It has experienced many bear and bull phases and hold to sustain decent returns over and above the benchmark returns.

Kotak Bluechip Fund Details

  • Launch Date- 1998, December 29th(Regular Plan),1st January 2013(Direct Plan)
  • Returns since Launch-18.99(Regular Plan),16.55%(Direct Plan)
  • Benchmark-Nifty 50 Total Return Index
  • Expense Ratio-2.04%(Regular Plan),0.86%(Direct Plan)
  • Assets under Management-3,346 crores
  • Fund Manager-Harish Krishnan(Since 2014 January 1st)

Investment Details

  • Minimum sip installment-100 rupees
  • Minimum Additional Investment-1000 rupees
  • Minimum Lumpsum Amount-1000 rupees
  • Lock-in- Not Applicable
  • Exit Load- If redeemed in excess of 10% of units from the date of allotment,1% would be charged

Kotak Bluechip Fund Performance over Benchmark

Year To Date1 Day1 Week1 Month3 Month6 Month1 Year3 Year5 Year7 Year10 Year
Kotak Bluechip-Regular Plan Performance33.16-0.95-0.073.8614.9528.1554.5123.5115.6414.6115.21
Kotak Bluechip-Direct Plan Performance
As on October 20th,2021

From the above performance chhart, we can conclude that Kotak Bluechip Fund manages to outperform its benchmark in the long-run. As many large cap funds are underperforming its benchmark in the recent times, still Kotak Bluechip Fund manages to be in line with the benchmark returns. So Kotak Bluechip Fund is a good bet to invest if you are interested in large cap mutual funds. Consult your personal finance coach to decide to invest in this scheme or not!

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