Mutual fund
The equity market has been volatility for the past few months, which has seen a huge decline in large, mid and small cap index. However, despite this decline, many segments are providing attractive opportunities for long -term investment. Investors can search and invest in such segments. Today we will learn about the large cap bluechip fund here. Bluechip large cap fund is a type of mutual fund, which mainly invests in bluechip companies. These are companies that are large, stable and famous in their sector. These are usually called large cap companies. Large cap means that the market capacity of these companies is very large (usually ₹ 20,000 crore or more).
Special things of bluechip large cap fund
These companies have been in the market for a long time and also perform well in difficult situations. They have lower risk than mid -cap or small cap funds. These funds are usually considered stable and relatively safe returns. Many bluechip companies provide regular dividends, which benefit investors.
Better investment for long term
Large-cap funds prove to be a stable investment option for large investors and slight risk taking. Talking about ICICI Prudential Bluechip Fund, it has given 1.1 percent in a year, 16.7 percent in three years, 19.2 percent in five years and 12.9 percent in 10 years. 80–85% of this fund is invested in large-cap shares. You can also invest in large cap funds with a systematic investment plan (SIP). These funds prove better for investors who are planning to invest for a longer period and are willing to take a little risk.
(Disclaimer: This is just information. Investment in stock market and mutual funds is risky. So consult your investment advisor before investing money.)
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