What is bluechip fund ?

Question

Accepted Answer

A bluechip fund is a type of mutual fund that invests in well-established, financially stable, and large-cap companies.

Bluechip funds focus on investing in companies with a proven track record of consistent growth and profitability.
These funds typically invest in companies that are leaders in their respective industries.
Bluechip funds are considered less risky compared to other types of mutual funds due to the stability of the companies they invest in.
Investors looking for long-term capital appreciation and stability often choose bluechip funds.
Examples of bluechip funds include HDFC Top 100 Fund, ICICI Prudential Bluechip Fund, and SBI Bluechip Fund.

Accepted Answer

Equity mutual funds invest in stocks of companies with large market capitalisation

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