Kotak Bluechip Direct Growth
Equity
Direct
Large-Cap
NAV: ₹ 573.2 as on 02-05-2024
About the Fund
Kotak Bluechip Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Arjun Khanna, Harish Krishnan. The fund could potentially beat inflation in the long-run.
Key Parameters
- Kotak Bluechip Direct Growth has ₹7901 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Fund Performance
8795 people have invested ₹ 5.4Cr in Kotak Bluechip Direct Growth in the last three months
Overview
 | 0.59% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹7901 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 13.35% |
Kotak Bluechip Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
81.7%
Mid cap
13.3%
Small cap
2.3%
Sector Allocation
Financial Services
25.2%
Consumer Cyclical
16.5%
Tech
10.9%
Industrial
9.5%
Consumer Defensive
9.1%
Basic Materials
8.3%
Energy
7%
Health
5.9%
Utilities
3.8%
Communication
2.5%
Real Estate
1.3%
Top Holdings of Kotak Bluechip Direct Growth as on (30-Apr-24)
Equity Holdings61
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 6.61% | 3.9% | |
 HDFC Bank Ltd | 6.6% | 0% | |
 Reliance Industries Ltd | 5.45% | 0% | |
 Larsen & Toubro Ltd | 4.54% | 0% | |
 Infosys Ltd | 4.46% | 4.4% |
See all
Gainers & Losers Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Axis Bank Ltd | 11.3% |
 Mahindra & Mahindra Ltd | 9.4% |
 ICICI Bank Ltd | 6.4% |
Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.70% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 1.44% in Mar'24
AUM Change
- AUM of the fund stands at 7.9K Cr as of Mar'24
- AUM increased by 222.2 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 21.3% growth in AUM moving from 6.51K Cr to 7.90K Cr.
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 19.4% return, outperforming this fund by 1.66% per annum.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 27.12% return, outperforming this fund by 8.46% per annum.
In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 44.07% return, outperforming this fund by 11.55%.
Over the last 15 months, this fund has decreased expense ratio by 14.5% moving from 0.69 to 0.59.
This fund expense ratio is slightly on the lower side within the category (large-cap). Its expense ratio is 0.59% which is lower than the category average expense ratio of 0.8%.
INDmoney Rank
Powered by IND quant engine
6
/19
51% Performance
58% Risk Management
85% Cost
6 out of 19 among large-cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Arjun Khanna
Fund Manager of Kotak Bluechip Direct Growth, since 30 April 2022
Top funds managed
Harish Krishnan
Fund Manager of Kotak Bluechip Direct Growth, since 1 January 2014
Top funds managed
Kotak Bluechip Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.54% since inception which is more than its category average return of 13.64%
Fund Allocations
This fund has an allocation of 97.83% in Equity, 0% in Debt and 2.17% in Cash related instruments
AUM size ₹7901 Cr
This fund has AUM of ₹7901 Cr which is more than its category average of ₹ 6123 Cr
Expense Ratio 0.59%
This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions
The current NAV of Kotak Bluechip Direct Growth is ₹573.2 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Kotak Bluechip Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.44% | 2.44% |
6 Month Returns | 22.46% | 22.46% |
1 Year Returns | 32.52% | 32.52% |
3 Years Returns | 67.08% | 18.66% |
5 Years Returns | 126.27% | 17.74% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.59% as on April 2024
₹7901 Cr as on April 2024
ICICI Bank Ltd(6.61%), HDFC Bank Ltd(6.6%), Reliance Industries Ltd(5.45%), Larsen & Toubro Ltd(4.54%), Infosys Ltd(4.46%) as on April 2024
Financial Services(24.62%), Consumer Cyclical(16.16%), Tech(10.71%) as on April 2024
The alpha ratio for the Kotak Bluechip Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Kotak Bluechip Direct Growth | - | - | - |
As on April 2024
The alpha for Kotak Bluechip Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Kotak Bluechip Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Kotak Bluechip Direct Growth | - | - | - |
As on April 2024
The Beta for Kotak Bluechip Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Kotak Bluechip Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Kotak Bluechip Direct Growth | - | - | - |
As on April 2024
The sharpe ratio for Kotak Bluechip Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Kotak Bluechip Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Kotak Bluechip Direct Growth | 9.6 | 11.94 | 17.54 |
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Information ratio is 0.28 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Arjun Khanna, Harish Krishnan are the fund managers of Kotak Bluechip Direct Growth
The Exit load of Kotak Bluechip Direct Growth is 1%