Blue chip funds are equity mutual funds that invest in stocks of companies with large market capitalisation. These are well-established companies with a track record of performance over some time.
Blue-chip stocks are considered safe investment options as they can endure economic downturns and are not highly volatile. They also present a slow but moderate growth potential. These are typically dividend-paying stocks where the payment is made quarterly.
As per market capitalisation, India's leading blue chip companies today are State Bank of India (SBI), Bharti Airtel, Tata Consultancy Services (TCS), Coal India, Reliance Industries, HDFC Bank, ONGC, ITC, Sun Pharma, GAIL (India), Infosys, and ICICI Bank.
SBI Bluechip Fund Growth is one of the best-performing mutual funds in India in terms of consistent performance and stable returns. ... The large-cap companies having high market holdings and great leadership position tend to help SBI Bluechip Fund to fetch desirous growth.
Blue-chip stocks are companies that have been around for a long time, are worth a lot of money, and are financially healthy. Most blue-chips are household names like Nike and Coca-Cola.
One can invest in bluechip funds through SIP route or lump sum route. Out of both, SIP investment is the most popular one. SIP investment is a way of investing small amounts regularly. They can opt for a monthly SIP or quarterly SIP.
A blue-chip stock is a stock that comes from a well-known, established company. Blue-chip stocks have a strong history of performance and often pay dividends.
Shares of IT blue-chip companies such as Infosys, TCS (Tata Consultancy Services), HCL Technologies and Wipro were among the top gainers on the domestic bourses in Thursday's trade.
The term "blue chip" was first used to describe high-priced stocks in 1923 when Oliver Gingold, an employee at Dow Jones, observed certain stocks trading at $200 or more per share. ... The name "blue chip" came about from the game of poker in which the blue chips have the highest value.
Find another word for blue-chip. In this page you can discover 16 synonyms, antonyms, idiomatic expressions, and related words for blue-chip, like: bellwether, blue-chip stock, Nifty Fifty, major, major-league, big-league, bigtime, heavyweight, important, equities and steels.
(Bloomberg) -- Moody's Investors Service Inc.'s move to ramp up Tesla Inc.'s credit rating to the cusp of investment grade is bolstering expectations that the famous electric vehicle maker will secure blue-chip status as soon as early next year.
Dividends are a great way to earn passive income in the stock market. McDonald's boasts a blue chip brand and over six decades of success in the restaurant industry.
Blue-Chip Stocks: McDonald's (MCD)
In the most recent quarter, the company reported adjusted earnings of $2.22 per share and revenues of $5.42 billion. This beat the Wall Street consensus of $1.91 per share and $5.4 billion in sales. There was also continued improvement in global comparable sales.
Blue chip stocks are usually less risky and thus considered safer than other stock-based investment options. That's because one of the major determining factors of a blue chip stock is that it must be a well-capitalized company, meaning it should have the financial fortitude to endure an inevitable economic downturn.
Which mutual fund scheme should I choose? Capital Protection Funds are the best bet for individuals who want to ensure protection of their principal invested amount. Under such schemes, the funds are split between investment in equity markets and fixed income instruments.