With equity markets turning volatile, investors with a long-term horizon can consider large-cap oriented funds that provide a fair degree of safety.
Franklin India Bluechip, which has a steady long-term track record is a good bet for investors. It is among the oldest funds with more than two decades of track record. The fund has delivered an annualised return of 10.9 per cent against the benchmark BSE Sensex’s return of 6.7 per cent over the last 10 years. Over one, three and five-year time frames, the fund has delivered better returns than its benchmark as well as its peers in the large-cap category. In these periods, the outperformance has been to the tune of 3-5 percentage points.
