Which Bluechip fund is best for SIP?
Table of Contents
Which Bluechip fund is best for SIP?
Best Mutual Fund for SIP to Invest in December 2021
| Fund Name | 1Y CAGR 3Y CAGR 5Y CAGR Till Date CAGR | Till Date CAGR |
|---|---|---|
| Mirae Asset Large Cap Fund (G) | 17.7\% | 16.2\% |
| ICICI Prudential Bluechip Fund Institutional I (G) | 0.2\% | 11.7\% |
| DSP Top 100 Equity Fund (G) | 13.8\% | 19.6\% |
| Invesco India largecap Fund (G) | 18.3\% | 13\% |
Is Icici Prudential Bluechip fund is tax saver?
Tax benefits of investing in ICICI Prudential Bluechip Fund Investors do not pay any tax on dividends received but a Dividend Distribution Tax (“DDT”) is deducted by the fund house at source.
Is it good to invest in Icici technology fund?
The expense ratio of the fund is 1.84\% for Regular plan as on Oct 31, 2021. 6. Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000….Basic Details.
| Fund House | ICICI Prudential Mutual Fund |
|---|---|
| Benchmark | S&P BSE Teck Total Return Index |
| Riskometer | Very High |
| Type | Open-ended |
Are blue chip funds good?
As these funds have underlying securities of stable companies, they are considered to be less risky than mid and Small cap funds. Historically, these funds have performed well in the most market conditions. Many investors prefer Investing in bluechip funds as they are known for its stability over the long-run.
Are bluechip funds good for long term?
Bluechip Mutual Funds are known for its long-term returns and performances. These are the funds that invest in shares and stocks of large, well-established companies. As these funds have underlying securities of stable companies, they are considered to be less risky than mid and Small cap funds.