Best Blue Chip Mutual Funds 2026: Fund Performance, NAV & Returns
Blue-chip mutual funds usually refer to large-cap funds that invest mainly in well-established companies with strong market presence. As per SEBI categorisation, large-cap funds invest at least 80% of their assets in large-cap stocks. In 2026, India’s mutual fund industry AUM stood at ₹73.73 lakh cr as of March, while SIP inflows remained strong at ₹31,115 cr in April 2026. This guide explains blue-chip funds, their benefits, risks, and key factors to consider before investing.
Top Blue Chip Mutual Funds - Best Funds, Benefits & Risks
Showing 1 - 12 of 12 results
last updated at 11:00 PM IST
| NameMFs (12)↓ | ↓Sub CategorySub Category↓ | ↓PlanPlan↓ | ↓AUMAUM↓ | ↓% Largecap Holding% Largecap Holding↓ | ↓NAVNAV↓ | ↓Absolute Returns - 3MAbsolute Ret. - 3M↓ | ↓Absolute Returns - 1YAbsolute Ret. - 1Y↓ | ↓CAGR 3YCAGR 3Y↓ | ↓Expense RatioExpense Ratio↓ | ↓Exit LoadExit Load↓ | ↓VolatilityVolatility↓ | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ICICI Pru Large Cap Fund ICICI Pru Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 75,650.43 75,650.43 | 82.50 82.50 | 115.23 115.23 | -4.99 -4.99 | -3.35 -3.35 | 13.79 13.79 | 0.72 0.72 | 1.00 1.00 | 12.35 12.35 | |
| 2. | SBI Large Cap Fund SBI Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 53,468.34 53,468.34 | 81.07 81.07 | 100.84 100.84 | -2.34 -2.34 | -0.29 -0.29 | 11.02 11.02 | 0.82 0.82 | 0.25 0.25 | 12.83 12.83 | |
| 3. | Nippon India Large Cap Fund Nippon India Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 51,690.28 51,690.28 | 80.89 80.89 | 97.25 97.25 | -3.85 -3.85 | -2.42 -2.42 | 14.28 14.28 | 2.75 2.75 | 1.00 1.00 | 12.88 12.88 | |
| 4. | Mirae Asset Large Cap Fund Mirae Asset Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 38,239.21 38,239.21 | 81.93 81.93 | 121.50 121.50 | -3.47 -3.47 | -2.82 -2.82 | 10.23 10.23 | 0.49 0.49 | 1.00 1.00 | 13.23 13.23 | |
| 5. | HDFC Large Cap Fund HDFC Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 38,121.27 38,121.27 | 78.80 78.80 | 1,164.81 1,164.81 | -5.75 -5.75 | -3.76 -3.76 | 11.23 11.23 | 0.98 0.98 | 1.00 1.00 | 13.17 13.17 | |
| 6. | Axis Large Cap Fund Axis Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 30,498.17 30,498.17 | 85.47 85.47 | 65.57 65.57 | -4.83 -4.83 | -4.42 -4.42 | 9.41 9.41 | 0.65 0.65 | 1.00 1.00 | 12.72 12.72 | |
| 7. | Aditya Birla SL Large Cap Fund Aditya Birla SL Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 28,969.90 28,969.90 | 79.94 79.94 | 549.99 549.99 | -3.94 -3.94 | -4.15 -4.15 | 11.38 11.38 | 0.81 0.81 | 1.00 1.00 | 12.76 12.76 | |
| 8. | Canara Rob Large Cap Fund Canara Rob Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 16,542.19 16,542.19 | 86.09 86.09 | 68.46 68.46 | -4.65 -4.65 | -4.85 -4.85 | 11.57 11.57 | 0.45 0.45 | 1.00 1.00 | 12.95 12.95 | |
| 9. | UTI Large Cap Fund UTI Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 11,852.52 11,852.52 | 84.09 84.09 | 280.34 280.34 | -4.37 -4.37 | -5.18 -5.18 | 9.25 9.25 | 1.14 1.14 | 1.00 1.00 | 12.69 12.69 | |
| 10. | Kotak Large Cap Fund Kotak Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 10,599.29 10,599.29 | 82.93 82.93 | 630.35 630.35 | -4.84 -4.84 | -2.87 -2.87 | 12.14 12.14 | 0.65 0.65 | 1.00 1.00 | 12.89 12.89 | |
| 11. | Franklin India Large Cap Fund Franklin India Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 7,235.57 7,235.57 | 81.00 81.00 | 1,073.59 1,073.59 | -4.29 -4.29 | -3.32 -3.32 | 11.14 11.14 | 0.95 0.95 | 1.00 1.00 | 12.44 12.44 | |
| 12. | DSP Large Cap Fund DSP Large Cap Fund | Large Cap Fund Large Cap Fund | Growth Growth | 7,192.01 7,192.01 | 82.41 82.41 | 486.88 486.88 | -4.83 -4.83 | -5.02 -5.02 | 13.33 13.33 | 0.72 0.72 | 1.00 1.00 | 11.85 11.85 |
Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.
Selection criteria: Plan: Growth | Category: Equity | Sub-category: Largecap Fund | AUM: Sorted from Highest to Lowest
Selection criteria: Plan: Growth | Category: Equity | Sub-category: Largecap Fund | AUM: Sorted from Highest to Lowest
What Is a Bluechip Fund?
Bluechip mutual funds are a type of equity fund. According to the Securities and Exchange Board of India (SEBI), blue-chip mutual funds in India are required to invest a minimum of 80% of their total assets in equity and related securities of large-cap companies. They provide relatively stable returns compared to small- and mid-cap funds. Hence, they are preferred by risk-averse investors. The terms "large-cap funds" and "blue-chip funds," which are often used interchangeably, both invest in large-cap companies.
Overview of Top 5 Bluechip Mutual Funds
ICICI Prudential Large Cap Fund
ICICI Prudential Large Cap Fund invests mainly in India’s top 100 listed companies. The fund employs a research-driven approach to identify high-quality businesses across various sectors, aiming for long-term capital growth through a diversified and well-structured large-cap portfolio.
SBI Large Cap Fund
SBI Large Cap Fund focuses on leading Indian companies with strong financials and stable earnings. The fund maintains a diversified portfolio across large-cap stocks and sectors, seeking consistent performance through disciplined stock selection and risk-managed exposure to established market leaders.
Nippon India Large Cap Fund
Nippon India Large Cap Fund allocates its portfolio to India’s top 100 companies by market capitalisation. It aims to capture long-term growth opportunities by investing in fundamentally strong businesses while maintaining diversification across key industries and sectors.
Mirae Asset Large Cap Fund
Mirae Asset Large Cap Fund invests predominantly in large-cap stocks and selectively in mid-cap opportunities. The fund focuses on high-quality companies with sustainable earnings and proven business models, aiming to deliver long-term capital appreciation through a balanced and research-led strategy.
HDFC Large Cap Fund
HDFC Large Cap Fund primarily invests in large-cap companies known for stability and sound management. It aims to create long-term value by maintaining a diversified portfolio across sectors, focusing on established businesses with the potential for steady growth over market cycles.
How to Invest in Blue-Chip Mutual Funds?
Here’s how you can identify and invest in top blue-chip equity fund with Tickertape Mutual Fund Screener -
- Launch Tickertape Mutual Fund Screener.
- Under the “Equity” Category search for “Large Cap Funds”.
- Sort out the top blue-chip mutual funds based on over 50 fundamental and technical filters.
- After identifying the blue-chip mutual fund that aligns with your investment thesis, click on “Place Order” to invest in the mutual fund.
With Tickertape Mutual Fund Screener, you can invest via ‘lumpsum’ or start a ‘SIP’ in Blue-Chip Mutual Funds. Moreover, by connecting your portfolio, you can do a deep analysis of your portfolio and assess its performance.
Taxation of Blue Chip Mutual Funds
Equity mutual funds are taxed based on how long the investment is held. According to the 2024 Budget, both short-term and long-term capital gains have revised tax rates and limits, effective from 23 July 2024
| Capital Gains Type | Holding Period | Tax Rate |
|---|---|---|
| Short-Term Capital Gains (STCG) | Less than 12 months | 20% |
| Long-Term Capital Gains (LTCG) | More than 12 months | 12.5% (Exempt up to ₹1.25 lakh per financial year) |
Features of Blue Chip Mutual Funds
Large-Cap Focused Portfolios
Blue-chip mutual funds primarily invest in large-cap companies, which, as per SEBI and AMFI classification norms, are the top 100 listed companies by market capitalisation. These funds are required to allocate at least 80% of their assets to large-cap stocks.
Exposure to Established Businesses
The portfolio generally includes companies with long operating histories, large market presence, and established business models. These companies often belong to sectors such as banking, IT, FMCG, energy, and pharmaceuticals.
Relatively Lower Volatility within Equities
Compared with mid-cap and small-cap categories, blue-chip mutual funds are generally associated with lower volatility due to their focus on larger, more liquid companies. Recent market data from 2026 also showed large-cap funds behaving more defensively than broader market segments.
High Liquidity
Since these funds invest mainly in actively traded large-cap stocks, portfolio liquidity is generally stronger than in categories focused on smaller companies.
Core Equity Allocation Role
Blue chip funds are commonly positioned as core equity-oriented schemes because of their diversified exposure to established companies across sectors.
Who Can Consider Investing in Blue Chip Mutual Funds
Long-Term Investors
Bluechip funds 2025, including the best-performing bluechip funds, are best suited for those with a long-term investment horizon. If you’re planning for retirement or looking to grow your wealth steadily over a decade or more, these funds can offer consistent returns with relatively lower risk.
Moderate Risk-Takers
Investors seeking stability over high-risk, high-reward strategies will appreciate the best blue-chip mutual funds for retirement planning. While the returns may not be as high as those from small-cap funds, the risks are also considerably lower.
SIP Investors
If you prefer a systematic investment plan or SIP in blue-chip mutual funds that are designed to accommodate regular, smaller investments. This makes it easier for investors to build wealth over time, even with modest monthly contributions.
Dividend Seekers
For those seeking to supplement their income with dividends, many high-return blue-chip funds with the lowest expense ratios regularly distribute dividends to shareholders.
Advantages of Investing in Blue Chip Mutual Funds
Exposure to Large Companies
Blue-chip mutual funds provide access to some of India’s largest listed businesses, many of which hold significant market share in their industries.
Relatively Stable Behaviour
Large-cap funds have historically shown relatively lower drawdowns than mid-cap and small-cap categories during periods of market stress, even though they may underperform during strong broader-market rallies.
Diversified Sector Exposure
Most blue-chip mutual funds hold companies across multiple sectors, which can reduce dependence on a single industry.
Strong Liquidity Profile
Large-cap stocks generally have higher trading volumes and broader institutional participation, supporting smoother portfolio execution and liquidity management.
Regulatory Clarity in Allocation
SEBI’s categorisation framework requires large-cap funds to maintain a minimum allocation of 80% to large-cap stocks, thereby creating consistency in the category structure.
Risks of Investing in Blue Chip Mutual Funds
Equity Market Risk
Blue chip mutual funds remain equity-oriented products, which means their NAVs can fluctuate with stock market movements.
Lower Return Potential
In phases when mid-cap and small-cap stocks outperform sharply, large-cap funds may lag. In 2026, inflows into mid-cap and small-cap funds reached record highs, while inflows into large-cap funds moderated as investors shifted toward higher-growth segments.
Sector Concentration Risk
Some blue-chip funds may have significant exposure to sectors such as financial services or IT, which can affect performance during sector-specific slowdowns.
Limited Exposure to Emerging Companies
Since the category focuses mainly on established businesses, participation in smaller high-growth companies may remain limited.
Market-Cycle Sensitivity
Even large-cap companies can experience earnings pressure, valuation corrections, and slower growth during weak economic or global market conditions.
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Factors to Consider Before Investing in Blue Chip Mutual Funds
Portfolio Composition
The sector allocation and stock concentration within the portfolio can influence the fund’s overall behaviour, even within the large-cap category.
Expense Ratio and Fund Efficiency
Costs directly affect net returns over time. In index-oriented blue chip funds, tracking difference may also become relevant.
Investment Horizon
Blue chip mutual funds are equity schemes and can experience short-term volatility despite their relatively defensive positioning within equities.
Comparison With Broader Market Categories
Large-cap funds may behave differently from flexi-cap, mid-cap, or multi-cap funds across market cycles. In 2026, mid-cap and small-cap categories recorded stronger inflows and returns during the broader market rally.
Role Within Overall Allocation
Blue-chip mutual funds are often assessed as part of the broader equity allocation within a portfolio rather than in isolation.
Scheme Mandate and Benchmark
The benchmark index, stock-selection strategy, and fund-management approach can influence how one blue-chip fund differs from another within the same category.
Conclusion
Now that you know what blue chip funds are, make sure to assess your financial goals and risk tolerance to choose the fund that works best for you. For those seeking guidance, reviewing the top 10 blue-chip mutual funds in India and growth-focused blue-chip funds will give you a great starting point for identifying strong performers in this category. To screen mutual funds based on different parameters, use Tickertape Mutual Fund Screener, which has over 50 filters to help you find your best mutual funds.
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Frequently Asked Questions About Blue Chip Mutual Funds
What is blue chip fund in a mutual fund?
A blue-chip mutual fund primarily invests in large, financially stable, and well-established companies. These funds focus on businesses known for stability, consistent earnings, and long-term market presence.What is the difference between a blue-chip mutual fund and a large-cap fund?
Blue-chip funds form a subset of large-cap funds. While both invest in top 100 companies, blue-chip funds specifically target high-quality businesses with consistent financial performance and a proven track record of market stability.How to choose the best blue-chip mutual fund?
Here’s how to choose the best blue-chip mutual fund for investing -
- Assess your risk tolerance.
- Analyse the fund’s performance on Tickertape Mutual Fund Screener.
- Compare the expense ratio.
- Evaluate portfolio diversification across sectors, market caps, and asset classes.
- Understand tax implications as equity and debt funds are taxed differently.
- Check for exit load and lock-in period.
Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.Which bluechip mutual fund is best?
Here are some of the best blue-chip mutual funds based on 3Y CAGR:
Disclaimer: This list is for informational purposes only and does not constitute investment advice. The funds mentioned are examples from the blue-chip mutual fund category and should not be treated as a complete ranking of the top 10 blue-chip mutual funds in India.What is better in blue-chip funds: lump sum or SIP?
Both approaches can work, but an SIP in the best blue-chip fund for SIP can be considered by investors looking to spread out their investments and benefit from rupee-cost averaging, especially in volatile markets. Disclaimer: Please note that this is not a recommendation and investors should conduct thorough research and/or consult a financial advisor before investing.Do you need a demat account to invest in blue-chip funds?
No, you do not need a demat account to invest in tax-efficient blue-chip funds, as mutual fund investments can be made directly through fund houses or other platforms. Disclaimer: You can check the Demat account requirement for mutual funds through the Tickertape Mutual Fund Screener.Is bluechip a good investment?
Blue chip mutual funds are typically associated with large, well-established companies and are often considered part of core equity allocations. Their suitability depends on factors such as risk tolerance, investment horizon, and overall financial goals rather than the category alone. Disclaimer:This information is for educational purposes only and should not be considered investment advice. Investment decisions should be based on individual financial circumstances.What are the drawbacks of blue-chip funds?
Blue-chip funds may offer relatively lower growth potential than mid-cap or small-cap funds during strong market rallies. They also remain exposed to equity market risks, and performance can be influenced by sector concentration, especially in financials or IT. Disclaimer: This information is for educational purposes only and should not be considered investment advice. Market-linked investments are subject to risks.Which is better, Bluechip or Index Fund?
Blue-chip funds are actively managed and aim to outperform a benchmark, while index funds passively track a specific index. The difference lies in management style, cost structure, and tracking approach rather than one being inherently better than the other. Disclaimer: This information is for educational purposes only and should not be considered investment advice. The choice between fund types depends on individual preferences and financial goals.Are blue-chip funds good for beginners?
Blue chip funds are often seen as relatively stable within the equity category due to their focus on large-cap companies. However, they are still subject to market fluctuations, and their suitability depends on the individual’s risk profile and time horizon. Disclaimer: This information is for educational purposes only and should not be considered investment advice. Investors should evaluate their financial situation before making any investment decisions.Are blue-chip funds risky?
Blue-chip mutual funds carry relatively lower risk compared to mid-cap or small-cap funds. However, since they invest in equities, their value can fluctuate with overall market performance and economic conditions. Disclaimer: Investors should understand that these funds are subject to market risks and should review their financial goals, risk tolerance, and time horizon before investing.What are the types of blue-chip funds?
Blue-chip funds usually fall under the large-cap category. Some track major indices, such as the Nifty 50 or Sensex, while others are actively managed, where fund managers select companies based on their financial strength and stability.Why invest in blue-chip funds?
Blue-chip funds focus on steady capital appreciation by investing in large, stable companies. They offer exposure to market leaders that tend to perform consistently across economic cycles, but may still face equity-related risks. Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.
