Kotak Bluechip Fund – Direct Growth

Kotak Bluechip Fund is an open-ended equity fund that invests in top firms with substantial market capitalisations across a variety of industries. This specific fund has been around for a decade now, having been established on January 1, 2013, and is presently being steered by Harish Krishnan, who serves as the fund’s manager.

The objective of the portfolio is long-term capital growth by investing primarily in equities and equities-related assets. Portfolio holdings will consist mostly of equities and equity-related products from 50 to 59 different firms. Investments in firms will be reviewed and rebalanced if they get over 59. The Scheme may, at its discretion and following SEBI regulations, utilise a variety of derivative and hedging instruments to mitigate portfolio risk.

Pros & Cons

How to invest in Kotak Bluechip Fund?

5paisa makes it easy to invest in the Kotak Bluechip fund. The process has been streamlined, and there is no longer any need for paperwork. Simply comply with the steps listed below:

Step 1: Go to the 5Paisa website and log in to your account. If you don’t yet have an account, you can quickly create a new 5Paisa account by clicking on this link. Registering with the platform is easy and involves only three steps. You can alternatively download the 5Paisa app on your iOS or Android smartphone and log in from your mobile device to open an account with the platform.

Step 2: Once your account is active, you can search for Kotak Mahindra mutual fund schemes to see your options.

Step 3: Go through the schemes and select the one that matches your financial goals, risk level, and other preferences.

Step 4: After selecting your scheme, you need to choose from SIP or Lumpsum, whatever you are interested in.

Step 5: Input the amount you want to invest in the fund and proceed by clicking on the ‘Invest Now’ button. You will now be redirected to complete your payment.

Step 6: If you have already added money to your ledger, you can choose to pay for your investment from the ledger balance. Alternatively, you can set up an autopay mandate using net banking or UPI payment options. Once you select the option, you are guided through the process to complete the payment, and the order for your mutual fund is placed on 5Paisa.

You can invest in the Kotak Mahindra mutual fund scheme of your choice via 5Paisa. The mutual fund you have invested in reflects in your account 3-4 working days after making the payment. If you have selected the SIP option, your investment amount will get deducted automatically every month starting from the day you make your first payment.

What is the expense ratio of the Kotak Bluechip Fund?

The expense ratio is an indicator of the annual payment that the mutual fund company will charge to manage your money for the term of your investment. Each unit of performance is reduced by the Expense Ratio, which is expressed as a percentage of the fund’s AUM. If you want to keep more of your earnings for yourself, choose a fund with a low-cost ratio.

Who should invest in the Kotak Bluechip Fund?

Investors who are looking to put money in for the long haul and are OK with some risk might consider this investment. The experts at Kotak Mutual Fund advise investors to have at least three years and no more than five years to reap the benefits of their investment. Investors in the units are responsible for allocating funds based on their own risk assessments. This fund is also a good fit for professionals in the workforce who want to retire with a sizable nest egg.

To help risk-averse investors reduce their exposure to the market, the fund provides a Systematic Investment plan that allows them to buy shares of the fund regularly, regardless of fluctuations in the value of the dollar. Investors in the units must put away at least Rs.1,000 per month for the SIP plan to work.

What are the benefits of investing in the Kotak Bluechip Fund?

● Excellent performance

Existing investors have received an average return of over 15% since the fund’s launch more than five years ago, so unit holders may rely on the fund’s exceptional performance. By more than three basis points each year, Kotak Bluechip Fund has beaten benchmark indexes such as NIFTY 50 TRI and Sensex, demonstrating the fund’s management team’s effectiveness.

● Investment options across diverse industries

To balance risk and maintain steady capital appreciation, the fund managers have properly diversified the portfolio of companies across numerous industries, such as pharmaceuticals, construction, speciality chemicals, banking, etc. The investment firm invests more than 96% of its funds in shares. The majority of investments are allocated to large-cap corporations, with just a minor portion allocated to medium- and small-cap enterprises.

● Profit generation

The Kotak Bluechip Fund Direct-Growth Plan is ideal for those who want to accumulate money via compounding. A little investment of Rs. 1,000 made by an investor five years ago would have risen to Rs. 3,380 at a return rate of 15%. The Bluechip fund is well suited for investors with a strong ambition to become rich and financially independent over the long term.

● Credibility

The Kotak Bluechip Fund is one of the highest-rated funds in the nation, thanks to its impressive track record and skilled stock pickers and researchers. The fund managers have handled market volatility and market corrections to the advantage of the fund’s unit holders since they have skin in the game. The fund company conducts research on a variety of macroeconomic aspects and worldwide concerns to forecast market mood, guaranteeing that the forthcoming market environment is prepared.