Glossary Mutual Fund / Term
These are shares of large, reputed and well-established companies that have a long history of strong financial performance. These companies are known in the market for robust investment strategies, continuous dividend payouts and industry dominance.
Blue Chip stocks are more resilient in nature and are generally able to sustain even in volatile or tough market conditions. These stocks are priced at a premium in the market as the return expectation is also higher.
Examples of some bluechip stocks in India are Tata Consultancy Services, Reliance Industries, ITC Limited, HDFC Bank, Coal India, etc.
Mutual Funds which invest in Blue Chip stocks are known as a Blue Chip Fund or a Growth Fund.
Permanent link Blue Chip Stock / Fund - Creation date 2020-05-23