Are Blue Chip Growth funds good?
Are Blue Chip Growth funds good?
Overall, Fidelity Blue Chip Growth ( FBGRX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, Fidelity Blue Chip Growth ( FBGRX ) looks like a good potential choice for investors right now.
What is the Best Blue Chip Growth Fund?
Here are the best Large Growth funds
- Fidelity® OTC Portfolio.
- T. Rowe Price Lrg Cp Gr.
- Principal Blue Chip Fund.
- Franklin DynaTech Fund.
- Fidelity® Blue Chip Growth K6 Fund.
- Fidelity® Flex Large Cap Growth Fund.
- Fidelity® Growth Company Fund.
Is Blue Chip a good investment?
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. It is advisable to diversify your portfolio when investing in individual stocks, to avoid company risk.
Is T Rowe Price Blue Chip Growth Fund good?
Rowe Price Blue Chip Growth Fund (NASDAQMUTFUND:TRBCX) invests in well-known companies with above-average potential for earnings growth. With a strong record of performance and reasonable fees, this fund can be a good fit in the investment strategy of retirement savers who are looking to grow their nest eggs.
Should I investments in Fidelity Blue Chip Growth?
What is the blue-chip fund?
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 is commonly used as a synonym for large cap funds.
Are blue chips safe?
Because blue chip companies are relatively stable, blue chip stocks are considered a low-risk investment. In all likelihood, no matter what happens tomorrow, the most established companies in the banking or real estate sector would not to collapse overnight, so investing in them is a relatively safe bet.
How is Axis Blue Chip Fund?
Axis Bluechip Fund (Growth) is recommended for investment within large cap mutual funds….Axis Bluechip Fund (G) Scheme Details.
| 1 Year Return | 50.30% |
|---|---|
| 3 Years Return | 15.70% |
| 5 Years Return | 16.50% |
| 10 Years Return | 14.60% |
What is a fidelity Blue Chip Growth Fund?
Fidelity Blue Chip Growth Fund seeks long-term capital growth. The fund invests 80% of assets in blue-chip stocks. Blue-chip companies are well-known or established companies. These stocks are projected to produce above-average returns over longer periods.
What is meant by blue chip equity funds?
A BlueChip Fund is an equity plan that aims to provide possibilities for investors to create wealth to assist them to achieve their economic objectives. AMCs offering Blue Chip Funds are generally known brands offering widely acclaimed goods and/or services, and their output reflects their sales, profitability, and dividend outcomes.
What are blue chip index funds?
A blue-chip index is an index that tracks shares of the well-known and financially stable publicly traded companies—known as blue chips. Blue-chip stocks represent companies that provide investors with consistent returns, making them desirable investments.
What is a blue chip fund?
A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.
https://www.youtube.com/watch?v=oJN6a3sZkNg