3 Year return

18.85%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹8847.88 Cr.

Expense Ratio

0.6% (inclusive of GST)

Exit Load

For redemption/switch out of upto 10% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. 1.00% - If units redeemed or switched out are in excess of the limit within 1 year from the date of allotment. Nil - If units are redeemed or switched out on or after 1 year from the date of allotment.

Ratings

ARQ Rating
4

Ratings by other agencies

5
3
4

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

Kotak Mahindra Mutual Fund Managers

HK

Harish Krishnan

Fund Manager since Jun 2024

View Details

Fund House Details

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund Asset management company

AUM ₹421,847.60 Cr.
No. of Schemes 184
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Kotak Mahindra Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Growth

13.64%
scheme logo

Hybrid . Dynamic Asset Allocation or Balanced Advantage

Kotak Balanced Advantage Fund Direct Plan Payout of IDCW Payout

13.64%

About Kotak Bluechip Fund Growth Direct

The Kotak Bluechip Fund — Growth Direct is a mutual fund scheme offered by Kotak Mutual Fund. Since it mainly invests in blue chip companies that are well-established in the market, this scheme is categorised as a large-cap mutual fund. Although the fund focuses on the top 100 companies in the Indian financial market in terms of market capitalisation, it offers diversification across different sectors of the economy. It uses the Nifty 100 Total Return Index (TRI) as its benchmark.

Investment Objective of the Scheme

The Kotak Bluechip Fund Growth Direct has a straightforward objective. It aims to generate capital growth for its investors over the long term by adopting a focused investment strategy that prioritises equity and related securities in the large-cap category.

Key Features of The Fund

5-year return 20.53%
Expense Ratio 0.6%
Fund Manager Harish Krishnan
Fund Size ₹8847.88 Cr
Risk Profile Very High

Is This Scheme Right for Me?

This mutual fund scheme may be suitable for aggressive investors with a portfolio focused on growth and long-term capital appreciation. If that sounds like what you are looking for, you could consider investing in this fund. Furthermore, the ideal investment horizon for this mutual fund scheme is 5 years or more, so ensure that the timelines for your financial goals are aligned accordingly.

AMC Contact Details

Name Kotak Mahindra Mutual Fund
Launch Date December 1998
Addresss 2nd Floor, 12-BKC, Plot No C-12, G Block, BKC, Bandra (East), Mumbai - 400 051
Contact 18003091490 044-40229101
Email mutual@kotak.com
Website https://www.kotakmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Diversify Your Portfolio and Manage Risk with SIPs in Mutual Funds

Mutual funds offer diversification by pooling your money with other investors and spreading it across various companies. SIPs in mutual funds allow you to benefit from this diversification while making regular investments. Use the SIP investment calculator to estimate the potential growth of your investment over your chosen time frame.

FAQs

What is today's NAV of Kotak Bluechip Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Kotak Bluechip Fund Jul 18 2024 is 641.612

What is the AUM of Kotak Bluechip Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Kotak Bluechip Fund is 8847.88 crore.

What is the expense ratio of Kotak Bluechip Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Kotak Bluechip Fund is 0.6%

What are the returns of Kotak Bluechip Fund since inception?

The Kotak Bluechip Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 16.35 since inception.

What is the minimum SIP amount to invest in Kotak Bluechip Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Kotak Bluechip Fund is 100.

How do I invest in Kotak Bluechip Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Kotak Bluechip Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Kotak Bluechip Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Kotak Bluechip Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.