This mutual fund has turned ₹10,000 SIP into ₹3.50 crore in 25 years

The fund’s current Assets Under Management (AUM) stand at ₹7,424.61 crore, as on January 31, 2024.

The top holdings of Kotak Bluechip Fund - Regular Plan - include allocations to HDFC Bank (7.07%), ICICI Bank (6.35%), Reliance (5.56%), Infosys (4.57%), and Larsen & Toubro (4.45%), according to Value Research.

As of January 31, 2024, the fund's asset allocation comprises 98.09% in equity, 1.67% in cash & cash equivalents, and 0.24% in debt, Value Research said.

Nilesh Shah, Managing Director, Kotak Mahindra Mutual Fund, said, "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."

Harsha Upadhyaya, Chief Investment Officer - Equity, Kotak Mahindra Mutual Fund, who has played a pivotal role in steering the fund's performance said, “Kotak Bluechip Fund has 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 time periods.”