|Min SIP Amount||₹100|
|NAV||₹257.61 (14 Aug 2020)|
|Fund Started||01 Jan 2013|
|Fund Size||₹1,627 Cr|
|Reliance Industries Ltd.||Energy||Equity||10.3%|
|HDFC Bank Ltd.||Financial||Equity||7.4%|
|ICICI Bank Ltd.||Financial||Equity||5.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||5.2%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.5%|
|Bharti Airtel Ltd.||Communication||Equity||3.4%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.1%|
|Larsen & Toubro Ltd.||Construction||Equity||3.0%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||2.9%|
Kotak Bluechip Fund Direct Growth is a Equity Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harish Krishnan is the Current Fund Manager of Kotak Bluechip Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,627 Cr and the Latest NAV as of 14 Aug 2020 is ₹257.61.
The Kotak Bluechip Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 100. Minimum Lumpsum Investment is 1000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
The investment objective of the scheme is to generate capital appreciation from a portfolio of predominantly equity and equity related securities. The portfolio will generally comprise of equity and equity related instruments of around 30companies which may go up to 39 companies, and that these companies may or may not be the same which constitute the BSE Sensitive Index or NSE Fifty (S&P CNX Nifty) Index. Review and rebalancing will be conducted if the investment in companies exceed above 39.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.