Achi news desk-
New Delhi3 days ago
- Copy link
If you want to invest in mutual funds with less risk, then investing in blue-chip funds may prove to be suitable for you. It is possible to get good returns with less risk. Blue chip funds have given returns of up to 45% in the last year.
If you can take risk then investing in blue funds can give you good profits. Here we tell you about it.
First of all to know what is Blue Chip Fund?
These are only large mutual funds, although some large mutual funds have also added bluechip to their name. Like Axis Bluechip Fund, ICICI Pru Bluechip Fund, SBI Bluechip Fund, Kotak Bluechip Fund or Franklin Bluechip Fund.
Blue chip mutual fund schemes are required to invest at least 80% of the amount raised from investors in the top 100 companies. It is believed that the fluctuations in their shares are less, and hence the possibility of loss in investing money in them, especially in the long term, is smaller.
Better returns with less risk
Blue chip companies are very large companies with a solid financial position. It is believed that the fluctuations in their shares are less, and hence the possibility of loss in investing money in them is smaller, especially in the long term. Large mutual fund schemes are required to invest at least 80% of the amount raised from investors in the top 100 companies.
Who should invest in it?
It is worth investing money in blue chip funds for those who want to invest in the stock market with less risk. Investments in these programs must be made taking into account the time period of at least 3 to 5 years.
However, there is no lock-in period, so you can withdraw money as needed. Keep in mind that in the short term, fluctuations in the stock market can have a greater impact on your investment, while in the long term this risk is reduced.
