SBI Bluechip Fund

SBI Bluechip Fund is a large-cap equity mutual fund scheme managed by SBI Mutual Fund. It is one of the most popular large-cap funds in India, with over Rs. 39,651 crores in Assets under Management (AuM). The SBI Bluechip Fund aims to provide you with long-term capital appreciation by primarily investing in a diversified portfolio of large-cap stocks. This fund is known for its stable and growth-oriented approach, which makes it a suitable choice for investors seeking a balanced blend of safety and growth potential in the Indian equity market.

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About SBI Blue Chip Fund

SBI Bluechip Fund is an open-ended equity scheme offered since 14 February 2006. It invests in a diversified basket of large-cap stocks, which are the top 100 companies in India by market capitalisation.

This fund offers moderate risk, as equity funds are inherently risky, but large-cap funds are less risky than mid-cap and small-cap funds.

SBI Bluechip Fund is suitable for investors who are looking to invest for at least 3-4 years.

Overview of SBI Bluechip Fund

Particulars Details
Fund Name SBI Bluechip Fund
Fund House SBI Mutual Fund
Launched On 14 February 2006
Asset Under Management (AUM) Rs. 39,651 Crores
Benchmark Index S&P BSE 100 TRI
Risk Category Very High
Investment Objective To help investors grow their capital over the long term by actively managing a diverse mix of large-cap stocks, as directed by SEBI/AMFI regulations.
Fund Options
  • Regular Growth
  • Direct Growth
Net Asset Value (as of 09 October 2023)
  • SBI Bluechip Fund Regular Growth NAV: Rs. 71.76
  • SBI Bluechip Fund Direct Growth NAV: Rs. 78.53
Asset Allocation
  • Domestic Equities: 94.29%
  • Debt Securities: 0.13% (in Government Securities)
  • Other Cash Holdings: 5.58%
Market Cap Allocation
    • Large Cap: 65.23%
  • Mid Cap: 08.24%
  • Small Cap: 0.93%
  • Other: 19.89%
Systematic Investment Plan (SIP)  Available from Rs. 500
Minimum Lump Sum Investment Amount Rs. 5,000
Minimum Additional Investment Amount Rs. 1000
Lock- in No Lock-in Period
Fund Manager
  • Sohini Andani
  • Mohit Jain
Expense Ratio
  • 1.57% (as of 31 August 2023)
  • Lower than the category average of Bluechip Funds of 2.07%
Exit Load
  • If you sell it within 365 days, 1%
  • If exit after 1 year: NIL

Investment Return Calculator (Power of Compounding)
  • One Time
  • Monthly
  • Yearly

Invest For (in Years)

1 30

Stay invested for (in Years)

1 30

Expected rate of return (in %)

1 35
 
YOU INVEST
YOU GET
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Top Holdings of SBI Bluechip Fund

Name of  Holdings % of Total Holdings (as of 08 October 2023)
Top 5 Equity Holdings (94.29%)
HDFC Bank Ltd. 10.24%
ICICI Bank Ltd. 7.90%
ITC Limited 5.54%
Larsen & Toubro Ltd. 5.26%
Infosys Ltd. 4.93%
Top Debt Holdings (0.13%)
Government of India Securities (G-secs) 0.00%
Treasury Bills (T-Bills) 0.13%
Non-Convertible Debentures (NCDs) & Bonds 0.00%
Other Cash Holdings (5.58%)
TREPS 4.73%
Reverse Repo 0.47%
Net Receivables 0.28%
Margin 0.10%

Top 10 Sector Allocations of SBI Bluechip Fund

Sector % of Total Holdings
Financial 28.36%
Automobile 12.05%
Consumer Staples 10.35%
Construction 7.21%
Healthcare 6.65%
Technology 4.93%
Capital Goods 4.79%
Energy 4.43%
Insurance 4.09%
Textiles 3.27%

SBI Bluechip Fund Returns

Investment Period Annualised Returns (Regular) Annualised Returns (Direct)
1-Year 16.43% 17.27%
3-Year 22.14% 23.04%
5-Year 15.63% 16.50%
10-Year 15.84% 16.84%
Returns Since Inception (RSI) 12.78% 13.40%

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Documents Required to Invest in SBI Bluechip Fund

The following documents are required to invest in SBI Bluechip Fund:

  • Proof of Identity

    • PAN card

    • Aadhaar card

    • Driving license

    • Passport

    • Voter ID card

  • Proof of Address

    • Bank statement

    • Electricity bill

    • Telephone bill

  • KYC Form (This is a form that provides your personal and financial information)

  • Bank Account Details (Required if you are investing through a Systematic Investment Plan or SIP)

  • NRI/ OCI/ PIOs Documents

    • Overseas Address Proof

    • Valid NRI/ PIO Card

    • Valid Visa

    • NRE/ NRO Account Details

Steps to Invest in SBI Bluechip Fund

Follow the steps mentioned below to start investing in SBI Bluechip Fund:

Step 1: Open a Demat and trading account with a registered stockbroker or financial institution.

Step 2: Complete the Know Your Customer (KYC) process by providing necessary documents like identity and address proof.

Step 3: Choose the SBI Bluechip Fund from the available mutual funds.

Step 4: Decide the investment amount and payment method (lump sum or SIP).

Step 5: Place your order to buy the fund units through your Demat account.

Step 6: Monitor your investment regularly and consider a long-term investment horizon for better returns.

Estimate SBI Bluechip Fund Returns with SIP Calculator

You can use a Systematic Investment Plan Calculator or SIP Calculator to estimate potential returns from the Bluechip Fund. This tool helps you calculate the future value of your investments based on factors like your monthly SIP amount, the fund's historical performance, and the investment duration. It provides an estimate of the wealth you can accumulate over time through regular investments in the Bluechip Fund.

FAQ's

  • Is SBI Bluechip Fund good to invest in?

    SBI Bluechip Fund is a good fund to invest in if you are looking for a long-term investment in the Indian stock market. The fund invests in a diversified basket of large-cap stocks, which are the top 100 companies in India by market capitalisation. This means that the fund is less risky than mid-cap and small-cap funds.
  • What is the return rate of the SBI Bluechip Fund?

    The return rate of SBI Bluechip Fund varies depending on the time period considered. However, the fund has a good track record, delivering average annual returns of 12.78% (Regular) and 13.40% (direct) since its inception in October 2023.
  • What is the SBI Bluechip Fund?

    SBI Bluechip Fund is a large-cap mutual fund scheme managed by SBI Mutual Fund. The total Assets Under Management (AUM) of this fund is Rs. 39,653 as of 09 October 2023. The investment objective of SBI Bluechip Fund is to provide investors with opportunities for long-term growth in capital through active management of investments in a diversified basket of large-cap equity stocks. These stocks are the top 100 companies in India by market cap.
  • Which SBI SIP is best for 1 year?

    You can consider the following SBI mutual fund schemes for a SIP with the potential to generate good returns over a 1-year period:
    • SBI Bluechip Fund

    • SBI Magnum Multicap Fund

    • SBI Small Cap Fund

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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