Principal Emerging Bluechip Fund and DSP BlackRock Equity Opportunities Fund both belong to the diversified category of Equity Funds. These schemes invest their corpus money in shares of companies having different Market capitalization. Diversified schemes follow a growth or Value investing approach in which they try to identify companies whose share prices are relatively lower in comparison to their historical values, cash flow potentials, and dividend yields. These schemes invest around 40-60% of their fund money in large-cap stocks, 10-40% in mid-cap stocks and the remaining 10% in small cap stocks. Though both Principal Emerging Bluechip Fund and DSP BlackRock Equity Opportunities Fund belong to the diversified category yet, they differ on account of various parameters. So, let us compare and analyze the differences between both the schemes.
Principal Emerging Bluechip Fund
Principal Emerging Bluechip Fund is a part of Principal Mutual Fund. This open-ended diversified scheme was incepted on November 12, 2008. The objective of this scheme is to invest the accumulated pooled money in equity and equity-related instruments across various market capitalization and attain Capital appreciation through it. The scheme uses Nifty Midcap 100 Index as its benchmark to construct its Portfolio. As on March 31, 2018, some of the constituents of Principal Emerging Bluechip Fund included IndusInd Bank Limited, Kotak Mahindra Bank Limited, State Bank of India, Finolex Industries Limited, Bajaj Finance Limited, and Britannia Industries Limited. Principal Emerging Bluechip Fund is managed solely by Mr. Dhimant Shah. The risk level of this scheme is moderately high.
DSP BlackRock Equity Opportunities Fund (Erstwhile DSP BlackRock Opportunities Fund)
DSP BlackRock Equity Opportunities Fund (earlier known as DSP BlackRock Opportunities Fund) is a part of DSP BlackRock Mutual Fund and was launched in the year 2000. The objective of this open-ended ended diversified fund is to attain capital growth in the long-term attained through a portfolio consisting of large-cap and mid-cap stocks. The scheme invests a minimum of 35% of its pooled money in stocks of large-cap and mid-cap companies respectively. DSP BlackRock Equity Opportunities Fund is jointly managed by Mr. Rohit Singhania and Mr. Jay Kothari. The scheme uses NIFTY 500 TRI Index as its benchmark to construct its portfolio. As on March 31, 2018, the top five holdings of DSP BlackRock Equity Opportunities Fund include HDFC Bank Limited, ICICI Bank Limited, State Bank of India, Tata Steel Limited, and HCL Technologies Limited.
Principal Emerging Bluechip Fund Vs DSP BlackRock Equity Opportunities Fund
The differences between Principal Emerging Bluechip Fund vs DSP BlackRock Equity Opportunities Fund are classified into four categories, namely, basics section, performance section, yearly performance section, and other details section.
Basics Section
Basics Section is the first section in the comparison of both the schemes. This section compares elements such as current NAV, Fincash Ratings, Scheme Category, and so on. The comparison of current NAV states that there is a drastic difference between the NAV of both the schemes. As on April 19, 2018, the NAV of Principal Emerging Bluechip Fund was approximately INR 109 and of DSP BlackRock Equity Opportunities Fund was approximately INR 220. With respect to the Fincash Ratings, both the schemes are rated as 5-Star. Even with respect to the scheme category, it can be said that both the schemes belong to the same category that is equity diversified. The summary comparison of the basics section is tabulated as follows.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load Principal Emerging Bluechip Fund
Growth
Fund Details ₹183.316 ↑ 2.03 (1.12 %) ₹3,124 on 30 Nov 21 12 Nov 08 ☆☆☆☆☆ Equity Large & Mid Cap 1 Moderately High 2.08 2.74 0.22 2.18 Not Available 0-1 Years (1%),1 Years and above(NIL) DSP BlackRock Equity Opportunities Fund
Growth
Fund Details ₹346.43 ↓ -0.14 (-0.04 %) ₹7,225 on 31 Jan 23 16 May 00 ☆☆☆☆☆ Equity Large & Mid Cap 4 Moderately High 1.9 -0.15 -0.75 -0.81 Not Available 0-12 Months (1%),12 Months and above(NIL)
Performance Section
Being the second section, this scheme compares the Compounded Annual Growth Rate or CAGR returns. These returns are compared to different time intervals such as 1 Month Return, 5 Month Return, 3 Year Return, and Return Since Inception. On a holistic note, the summary of performance section shows that the performance of Principal Emerging Bluechip Fund is better than the performance of DSP BlackRock Mutual Fund. The table given below shows the summary comparison of performance section.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch Principal Emerging Bluechip Fund
Growth
Fund Details 2.9% 2.9% 13.6% 38.9% 21.9% 19.2% 24.8% DSP BlackRock Equity Opportunities Fund
Growth
Fund Details -4.9% -6.4% -3.9% 3.5% 22.3% 10.1% 16.8%
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Yearly Performance Section
The yearly performance section is the third section in the fund comparison. This section compares the absolute returns of both the scheme for a particular year. An analysis of yearly performance section reveals that for certain years Principal Emerging Bluechip Fund has performed better while in others, DSP BlackRock Equity Opportunities Fund has done better. The comparison summary of the yearly performance section is tabulated as follows.
Parameters Yearly Performance 2022 2021 2020 2019 2018 Principal Emerging Bluechip Fund
Growth
Fund Details 0% 0% 0% 0% 0% DSP BlackRock Equity Opportunities Fund
Growth
Fund Details 4.4% 31.2% 14.2% 11.4% -9.2%
Other Details Section
The other details section is the last section in the comparison of both the schemes. With respect to the AUM, it can be said that there is a difference between the AUM of both the schemes. As on March 31, 2018, the AUM of Principal Emerging Bluechip Fund is approximately INR 1,657 crores while AUM of DSP BlackRock Equity Opportunities Fund is INR 5,069 crores. Similarly, there also exists a difference in the minimum SIP and lumpsum investment of both the schemes. For Principal Emerging Bluechip Fund the minimum SIP investment is INR 2,000 and the lumpsum investment is INR 5,000. Similarly, for DSP BlackRock Equity Opportunities Fund the minimum SIP and lumpsum amounts are INR 500 and INR 1,000 respectively. The summary of the other details section is given below as follows.
Parameters Other Details Min SIP Investment Min Investment Fund Manager Principal Emerging Bluechip Fund
Growth
Fund Details ₹100 ₹5,000 DSP BlackRock Equity Opportunities Fund
Growth
Fund Details ₹500 ₹1,000 Rohit Singhania - 7.68 Yr.
Growth of 10k Investments over the years
Principal Emerging Bluechip Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹8,962 29 Feb 20 ₹9,993 28 Feb 21 ₹13,134 DSP BlackRock Equity Opportunities Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,348 29 Feb 20 ₹10,395 28 Feb 21 ₹13,351 28 Feb 22 ₹15,290 28 Feb 23 ₹16,213
Detailed Assets & Holdings Comparison
Principal Emerging Bluechip Fund
Growth
Fund Details Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Top Securities Holdings / Portfolio
Name Holding Value Quantity DSP BlackRock Equity Opportunities Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.23% Equity 97.77% Equity Sector Allocation
Sector Value Financial Services 32.62% Consumer Cyclical 13.89% Basic Materials 9.56% Technology 9.52% Industrials 9.47% Health Care 8.32% Utility 4.82% Consumer Defensive 4.08% Energy 2.36% Communication Services 1.63% Real Estate 1.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 08 | HDFCBANK7% ₹488 Cr 3,042,380 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 16 | ICICIBANK6% ₹404 Cr 4,861,954
↓ -416,009 Infosys Ltd (Technology)
Equity, Since 28 Feb 18 | INFY5% ₹341 Cr 2,224,904
↑ 47,512 Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | 5322154% ₹268 Cr 3,078,261 State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN3% ₹252 Cr 4,550,971
↑ 123,171 HCL Technologies Ltd (Technology)
Equity, Since 30 Apr 21 | HCLTECH3% ₹185 Cr 1,647,971 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Jun 20 | SBILIFE2% ₹158 Cr 1,295,303 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Nov 21 | 2% ₹149 Cr 1,078,038 Dr Reddy's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 20 | DRREDDY2% ₹144 Cr 332,407 Supreme Industries Ltd (Industrials)
Equity, Since 28 Feb 18 | 5099302% ₹141 Cr 555,888
↓ -30,053
Thus, to conclude in a nutshell, it can be said that both the schemes differ with each across various parameters. As a result, individuals should understand the scheme details completely before Investing in it. In addition, they should check whether the scheme details are matching their investment objective or not. This will help individuals to attain their goals on time and in a hassle-free manner.