A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.
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- Ask ET Mutual Funds.
- Nippon India Liquid Fund Growth.
- Axis Focused 25 Fund Growth.
- Kotak Standard Multicap Fund Regular Growth.
- Axis Long Term Equity Fund Growth.
- Ask the expert.
- Mirae Asset TAX Saver Fund Regular Growth.
- Icici Prudential Bluechip Fund Growth.
Top HDFC Mutual Fund Schemes for SIP Investment
| Fund Name | 3 Years Returns | 5 Years Returns |
|---|
| HDFC Opportunities Fund | 5.42% | 11.54% |
| HDFC Blue Chip Fund | 8.73% | 10.02% |
| HDFC Balanced Fund | 7.24% | 9.08% |
| HDFC Liquid Fund | 5.76% | 6.5% |
1.What's the valuation of my investments?As soon you give a missed call on 8882244488, you will receive the following via SMS:
- Your Folio(s) Details.
- Total valuation of your Folio(s)
- Scheme-wise valuation(s) for your investment(s)
You can invest in Mutual Funds by logging in to ICICI Bank Internet Banking. Click on Investments and Insurance section > Invest online > Invest in Mutual Funds. Alternatively, you can invest in SIP through ICICI Bank iMobile > Invest & Insure section > Invest > Mutual Funds.
Login to your ICICI Direct Account with your User ID and Password. Click on 'SIP' > View Existing Systematic investment Plan > Click on 'Cancel' Confirm the cancellation SIP order.
Invest Online
- Mutual Fund Online Service is free of charge for all ICICI Bank Customers.
- Purchase, redeem or switch online.
- Redemption & Dividend Payout facility can be availed on Mutual Fund Online only for those purchase/s which is/are done through Mutual Fund Online.
- Systematic Investment Plan (SIP) facility is available.
With us, your money could do better.
At ICICI Prudential Mutual Fund, we believe in creating long-term wealth for investors through a wide range of investment solutions. With ICICI Prudential Mutual Fund, you can be assured of ease of access and investor-centric processes and policies.Large-Company Stock Funds - 1 year
| FUND NAME | SYMBOL | 5-YR RETURN |
|---|
| ProFunds NASDAQ-100 Investor | OTPIX | 11.51 |
| Deutsche Large Cap Focus Growth A | SGGAX | 9.8 |
| Putnam Growth Opportunities A | POGAX | 11.23 |
| Fidelity Trend | FTRNX | 9.76 |
5 mutual funds that gave highest SIP returns
- AXIS Focused 25 Fund. 5-year SIP returns: 15.25% Fund manager: Jinesh Gopani.
- IIFL Focused Equity Fund. 5-year SIP returns: 14.71% Fund manager: Mayur Patel.
- SBI Focused Equity Fund. 5-year SIP returns: 13.69% Fund manager: R Srinivasan.
- Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%
Money market mutual funds = lowest returns, lowest risk
They are considered one of the safest investments you can make. Money market funds are used by investors who want to protect their retirement savings but still earn some interest — somewhere between 1% and 3% a year.Related: How mutual funds work? Investment experts believe approximately 10% of their investment portfolio should be reserved for Gold. They are also of the opinion that this traditional tool of investment could gain some massive returns in 2020. It is expected to rise to Rs.
Best U.S. equity mutual funds as of April 2020
| Symbol | Fund | Fund performance (3-year return) |
|---|
| FAOFX | Fidelity Advisor Series Growth Opps | 19.6% |
| FZAHX | Fidelity Advisor Growth Opps Z | 18.89% |
| FAGCX | Fidelity Advisor Growth Opps I | 18.75% |
| ACFOX | American Century Focused Dynamic Gr Inv | 17.69% |
In a nutshell, mutual funds are safe. Investors should not be worried about short-term fluctuations in the returns while investing in them. You should choose the right mutual fund, which is sync with your investment goal and invest with a long-term horizon.
Top Tips for Picking a Winning Mutual Fund
- Start With Your Goals and Risk Tolerance.
- Pay Attention to the Expense Ratio—It Can Make or Break You!
- Avoid Mutual Funds With High Turnover Ratios.
- Look for an Experienced, Disciplined Management Team.
- Find a Philosophy That Agrees With Your Own.
- Buy No-Load Mutual Funds.
Investors investing in the Mutual fund should always invest in a mutual fund when the market is coming down and it's down by 10% to 20% from its recent highs. So never go for investing in a mutual fund for short time period. Mutual Fund is an indirect investment in equity markets. So risk also associates with it.
It is said that whenever the stock market starts plummeting the way it has from 17 Jan 2020, it brings an opportunity for those who have cash (investible surplus) with them to invest in a falling market.
If you have purchased any Mutual Fund through ICICI Diect then for each SIP per month you have to pay 30/- or 1.5% whichever is lower and for Lumpsum investment 100/- charges (with GST charges).
Funds with Lock-in Period – Open ended schemes can be redeemed at any point of time, whereas some schemes like ELSS (Equity Linked Savings Scheme) cannot be redeemed up to three years from the investment date.
It is a preferred way to stagger investments in equity mutual fund schemes as investing a lumpsum in the stock market carries a higher risk. It seems, you are completely new to mutual fund investing. Your query is ICICI okay to take a SIP reveals that you are not well-versed in mutual funds.
ICICI Prudential Value Discovery Fund
The good track record of this equity oriented fund, makes it among the best SIPs from ICICI Prudential Mutual Fund. The 5 year returns have been 19.68 per cent. The NAV under the growth plan is Rs 141.38, while the NAV under the dividend plan is Rs 29.37.Top Five SIP Investment Funds and their Performances
- 3 Year Returns (%)
- 5 Year Returns (%) Birla SL Frontline Equity Fund(Growth) 23.15. 18.16. SBI BlueChip Fund-Regular(Growth) 26.25. 20.24. BNP Paribas Mid Cap Fund(Growth) 33.82. 24.58. Mirae Asset India Opportunities Fund-Regular(Growth) 27.45. 19.44.
6. Best SIP Funds in India
| Fund Name | 3-Year Returns | Link |
|---|
| Axis Bluechip Fund | 17.97% | Invest now |
| SBI Magnum Multicap Fund | 11.29% | Invest now |
| Mirae Asset Large Cap Fund | 13.21% | Invest now |
| ICICI Prudential Bluechip Fund | 10.97% | Invest now |
Here is a look at the top 10 investment avenues Indians look at while savings for their financial goals.
- Direct equity.
- Equity mutual funds.
- Debt mutual funds.
- National Pension System (NPS)
- Public Provident Fund (PPF)
- Bank fixed deposit (FD)
- Senior Citizens' Saving Scheme (SCSS)
- RBI Taxable Bonds.
- Axis Bluechip Fund Growth.
- Icici Prudential Equity & Debt Fund Growth.
- Hdfc Small CAP Fund Regular Growth.
- Kotak Standard Multicap Fund Regular Growth.
- Mirae Asset Hybrid Equity Fund Regular Growth.
- L&T Midcap fund.
- Top 10 Mutual Funds.
- Icici Prudential Bluechip Fund Growth.
Mutual Funds offered by L&T Investment Management
| Fund Name | 3 Year (%) | 5 Year (%) |
|---|
| L&T India Value Fund | 5.94 | 12.53 |
| L&T Emerging Businesses Fund | 5.94 | 12.43 |
| L&T Midcap Fund | 8.26 | 12.69 |
| L&T Tax Advantage Fund | 7.21 | 9.77 |
Mirae, Axis, and SBI are good fund houses and their schemes have been performing well lately. The schemes you have shortlisted Mirae Asset Emerging Bluechip Fund (Large & Mid cap) and SBI Small Cap Fund (small cap) are among the best schemes in their respective categories.
Axis Mutual fund is a financial service provided by Axis Bank Ltd. It has several mutual funds starting from Equity funds, hybrid series, ELSS funds, Mid cap funds, Large cap funds and many more. But this fund has proven to provide very good returns if taken for long term investment.