List of Bluechip Stock every Indian Investor should hold is
1. Aditya Birla Capital
2. Axis Bank
4. HDFC Bank
5. ICICI Bank
6. Info Edge
7. Kotak Mahindra Bank
8. Larsen & Toubro
9. Reliance Industries
10. State Bank of India.
11. Tata Motors
The above stock list is mentioned on the basis of the underlying value of assets being created by their subsidiaries which are likely to enter the capital markets in the near future through the IPO Route.
Here are listed the subsidiaries of above bluechip companies:
1. Aditya Birla AMC, Aditya Birla Life.
2. Axis AMC other subsidiaries
3. Biocon Biologics
4. HDB Finance, HDFC Securities
5. ICICI AMC
6. Policy Bazaar
7. Kotak AMC, Kotak Securities,
8. L&T Defence Division & Other Subsidiaries
9. Various Subsidiaries of Reliance Group
10. SBI General Insurance, SBI Capital Markets, YONO & others.
11. Tata Technology
This is recommended so on the basis of reserved category of subscriptions available to all continuously holding investors in listed companies when the new IPO of the subsidiary company is launched as per the SEBI listing norms and guidelines. In the case of HDFC AMC, 0.26 percent of total subscription was reserved for the existing shareholders of HDFC Group.
So do hold atleast 1 share in your demat account in these bluechips.
The article is not a solicitation to buy, sell in securities or other financial instruments. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates and the author do not accept culpability for losses and/or damages arising based on information in this article.