|Larsen & Toubro||Infrastructure Developers & Operators||Equity||5.63%|
|Infosys||IT - Software||Equity||4.25%|
|Page Industries||Readymade Garments/ Apparells||Equity||3.11%|
|M & M||Automobile||Equity||2.08%|
|Kotak Mah. Bank||Banks||Equity||1.98%|
|Hindalco Inds.||Non Ferrous Metals||Equity||1.55%|
|HDFC Life Insur.||Insurance||Equity||1.48%|
|Sona BLW Precis.||Auto Ancillaries||Equity||1.4%|
|Cummins India||Capital Goods-Non Electrical Equipment||Equity||1.31%|
|Thermax||Capital Goods-Non Electrical Equipment||Equity||1.27%|
|ICICI Pru Life||Insurance||Equity||1.14%|
|Samvardh. Mothe.||Auto Ancillaries||Equity||1.05%|
|Tube Investments||Auto Ancillaries||Equity||1.01%|
|TVS Motor Co.||Automobile||Equity||0.97%|
|Motherson Wiring||Auto Ancillaries||Equity||0.68%|
|P I Industries||Agro Chemicals||Equity||0.53%|
|St Bk of India||Banks||Equity||0.44%|
|I O C L||Refineries||Equity||0.42%|
|Zomato Ltd||E-Commerce/App based Aggregator||Equity||0.27%|
|H P C L||Refineries||Equity||0.26%|
|Textiles & Apparels||3.27%|
|Cement & Cement Products||3.05%|
|Cash & Others||0.28%|
|Exit Load||1.00% If redeemed/switched out within 1 year from the date of allotment. Nil if redeemed/switched out after 1 year form the date of allotment.|
SBI BlueChip Fund was launched on February 14, 2006, under the house of SBI Mutual Fund. The fund is of the open-ended Large Cap Equity type with the benchmark of the S&P BSE 100 Index. The SBI BlueChip Fund is known to have an average range of risks as well as returns.
As on September 30, 2022, the SBI Bluechip Fund contains about Rs 33,021.96 worth of Assets under Management. Over 80% of the corpus is usually invested in large-cap stocks, while 11-16% gets invested in mid-cap stocks (which can be considered as ‘Blue Chips’) to reap high returns. A total of 58 stocks are present from around 13 sectors here.
Ms. Sohini Andani has been managing this fund since September 2010.
Pros and Cons
|SBI BlueChip Fund has a diversified portfolio of equity asset classes that can help in capital growth and beating inflation||There is a high amount of AUM entailed, which may slow down the returns availed.|
|Its open-ended scheme structure ensures fluent liquidity||The equity market’s high volatility may lead to much erosion in the funding value it possesses|
|It can successfully exceed its benchmark with 11.2 % yearly returns.|
Who should invest in SBI BlueChip Fund?
SBI Bluechip Fund is appropriate for investors who want to keep high-quality, professionally managed equities in their portfolios with room for development. Any investor desiring to do big in the share market business through long-term stable growth in robust assets should invest here.
The SBI BlueChip Fund is also appropriate for investors with a respectable risk factor and a favourable risk-to-return ratio because it has a reasonably modest risk factor.
The future of blue chip stocks is bright, and they can offer a far better return on a long-term investment without taking on significant risk. According to the Sharpe Ratio, there are better risk-adjusted returns of nearly 0.59 in the fund versus 0.56 in the category average.
Through SBI Bluechip Fund, both novice and seasoned investors can benefit from blue chip equities, as its balance fits into either type of investor’s conditions, being very flexible and affordable.
Benefits of SBI BlueChip Fund
The investor has the option of subscribing to the fund with a single payment or starting a handy SIP to pay over time. While the SIP starts with a minimal investment of just Rs. 500 each month, the minimum commitment amount for the lump sum method is Rs. 5000. The SIP mode also offers a variety of payment frequency options, including weekly, monthly, quarterly, semi-annually and annually.
- SBI BlueChip Fund has made a fair allocation in mid-cap stocks that vary between 9-13%. This unique blend of medium and large-cap stocks allows the fund to maintain an equilibrium between poise and power, allowing it to advance in an organised manner.
- SBI Bluechip Growth Fund holds five-star ratings, which guarantees that it has been much appreciated by experts and investors. Its top five holdings are in stock market giants, including, but not limited to, ITC, HDFC Bank, Mahindra & Mahindra, Larsen & Toubro, and Nestle India.
- The SBI Bluechip fund portfolio is well-researched and diligently managed, ensuring broad diversification into different sectors like energy and power, financial, technology, healthcare, etc. At its pinnacle, this fund had achieved a growth of the monetary value of Rs. 34,622.39 Cr, which is approximately 10.94% of the investment in its category.
Ms Sohini Andani has been working at joined SBI MF since 2007 and is currently the Research Head. Currently, she manages funds with an AUM of INR 36,724 crores. She worked at ING Investment Management, ASK Raymond James & Associates Private Limited, KR Choksey Shares & Securities Private Limited, LKP Shares & Securities Limited, and CRISIL.
- Fund Name
- Fund Size
- 3Y Returns
- Nippon India Large Cap Fund – Direct Growth
24.4%Fund Size - 16,637
26.2%Fund Size - 16,637
17.9%Fund Size - 16,637
- ICICI Pru Bluechip Fund – Direct Growth
20.7%Fund Size - 41,269
21.8%Fund Size - 41,269
17.7%Fund Size - 41,269
- Tata Large Cap Fund – Direct Growth
17.6%Fund Size - 1,581
21.1%Fund Size - 1,581
16.5%Fund Size - 1,581
- Invesco India Largecap Fund – DirectGrowth
19.1%Fund Size - 785
19.5%Fund Size - 785
16.5%Fund Size - 785
- Kotak Bluechip Fund – Direct Growth
17.2%Fund Size - 6,405
19%Fund Size - 6,405
17.6%Fund Size - 6,405
AMC Contact Details
Frequently Asked Questions
How to invest in SBI BlueChip Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for SBI BlueChip Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of SBI BlueChip Fund – Direct Growth ?
How to redeem SBI BlueChip Fund – Direct Growth holding ?
What is the minimum sip amount of SBI BlueChip Fund – Direct Growth?
What are the top sectors SBI BlueChip Fund – Direct Growth has invested in?
- Banks - 21.51%
- Automobiles - 8.73%
- Diversified FMCG - 7.6%
- Finance - 6.85%
- Debt - 5.33%
Can I make investments in both the SIP and Lump Sum schemes of SBI BlueChip Fund – Direct Growth?
How much returns have SBI BlueChip Fund – Direct Growth generated ?
What is the expense ratio of SBI BlueChip Fund – Direct Growth ?
What is the AUM of SBI BlueChip Fund – Direct Growth?
What are the top stock holdings of SBI BlueChip Fund – Direct Growth?
How can I redeem my investments in SBI BlueChip Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select SBI BlueChip Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Is there any lock-in period for SBI BlueChip Fund - Direct Growth?
No, there is no lock-in period for SBI BlueChip Fund – Direct Growth.