Kotak Bluechip Fund turned Rs 10,000 monthly SIP into Rs 3.5 crore in 25 years

Kotak Bluechip Fund, a flagship offering by Kotak Mutual Fund, recently marked a milestone of 25 years.

The scheme, which was launched on December 29, 1998, has offered an SIP return of 16.36% since its inception, according to a release by the fund house.

A monthly SIP investment of Rs 10,000 in this fund over the last 25 years would have grown to approximately Rs 3.50 crore as of January 31. A monthly SIP of Rs 10,000 in the fund for 20 years offered an XIRR of 13.90%. A monthly SIP in the scheme for 10 years offered an XIRR of 14.16%. On a five-year horizon, the monthly SIP in the scheme offered an XIRR return of 18.18% while on a three-year horizon, the monthly SIP in the scheme offered an XIRR return of 16.34%.


The scheme has invested in companies with strong business fundamentals and capable management teams, making the fund an ideal choice for those looking to invest in bluechip stocks.

Kotak Bluechip Fund has generated these returns amidst many economic and global headwinds such as the 2000 Dot-com Bubble Burst, the 2008 Global Financial Crisis, the 2016 Demonetization, and the 2020 COVID-19 Pandemic, among others, according to the press release.

"Over the past 25 years, India's landscape has evolved significantly. Through every economic cycle, political phase, and fundamental shift, the Kotak Bluechip Fund has mirrored India's growth story," said Nilesh Shah, Managing Director, Kotak Mutual Fund.

“Kotak Bluechip Fund has successfully navigated various economic, political and social changes over the past 25 years. The fund has outperformed both Nifty 100 TRI and Nifty 50 TRI over various periods,” said Harsha Upadhyaya, Chief Investment Officer - Equity, Kotak Mutual Fund.

Kotak Bluechip Fund is an open-ended equity scheme predominantly investing in largecap stocks. The scheme manages assets under management (AUM) of Rs 7,424.61 crore, as on January 31. The scheme is managed by Rohit Tandon. The scheme is benchmarked against Nifty 100 TRI.

The scheme is suitable for investors who are seeking long-term capital growth and want investment in a portfolio of predominantly equity and equity-related securities of largecap companies.

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