Investment objective of sbi bluechip fund

Axis Bluechip Fund Growth Investment Objective

To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However,there can be no assurance that the investment objective of the Scheme will be achieved. However, there is no assurance that the objective of the scheme will be realized. Currently, the fund is recommended by Scripbox.

capital growth appreciation by investing in equity and equity-related instruments of stocks from both large-cap and medium-cap companies. However, it should be noted that the asset management company (AMC) does not offer any assurance that this investment objective will be met and the investor will be able to receive guaranteed returns at the end of the investment tenure.

stock exchanges in the United States of America. The Scheme shall also invest in ADRs/GDRs issued by Indian and foreign companies. However, there can be no ICICI Pru MF Files for ICICI Prudential MNC Fund ICICI Prudential Mutual Fund has filed a draft with SEBI (Securities and Exchange Board of India) for ICICI Prudential MNC Fund. Once the scheme gets SEBI’s approval, the new open-ended equity scheme will follow the theme of investing in multinational companies (MNC). The scheme is suitable for investors who have a relatively higher risk appetite over a longer time The scheme will invest 80 to 100 percent of its assets in stocks in the MNC space. Investments in stocks of non-MNCs will be capped at 20 percent. The scheme is permitted to invest in other instruments like debt, money market

instruments, gold and gold ETFs till up to 20 percent. The minimum application amount will be Rs. 5,000 and the scheme will have an exit load of 1 percent, if the units are redeemed or switched out within one year of allotment date. ICICI Prudential will join its peers UTI, Aditya Birla who already have existing MNC-themed schemes. UTI MNC Fund has five-year returns of 21.35 percent and has five-year returns of 22.41 percent. (As on Nov. 27, 2018) Nifty MNC Index will be used as a benchmark for the ICICI Prudential MNC Fund. The benchmark index comprises of 15 companies listed on the National Stock Exchange (NSE), which have foreign shareholding of more than 50 percent and/or the management control is vested in the foreign company. Some companies in the Nifty MNC Index

are Hindustan Unilever, Vedanta, Britannia, Maruti Suzuki. NIFTY MNC Index| -3.97| 18.20 *Returns data as on 31st October, 2018 The fund will be managed by Sankaran Naren, the fund house’s co-head of equities and Priyanka Khandelwal, who will oversee by the foreign investments of the scheme. Khandelwal also manages one of the top performing schemes of the fund house – ICICI Prudential US Bluechip Equity Fund, that gives three- year returns of 13.45 percent. (As on Nov. 27, 2018)

Banner-aside

Investment Objective Of Sbi Bluechip Fund

Investment Objective Of Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging Bluechip Fund has an investment objective to "to generate investing in Indian equities and equity related securities of companies which are not part of the top 100 stocks by market capitalization and have market capitalization of at least Rs.100 Crores at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction"

Share this post:

Avatar

BlogNiche.com

Professional niche blogs with track record over 1M+ blog posts, Still counting.

Connect: View All Posts

0 replies


Write a reply