Amc logo

SBI Bluechip Direct Plan-Growth rating rating rating rating rating

PB Recommended Equity Large Cap

PLAN: GROWTH TYPE : OPEN-ENDED OPTION: Growth

1 Yr return

13.75%

3 Yrs CAGR returns

11.27%

5 Yrs CAGR returns

10.68%

NAV as on 14 Nov

₹ 43.67 by 0.19 ( 0.44%)

Expense ratio

1.08

Fund Size (Cr)

₹ 22754.43


start your investment

Error: This is a mandatory field

Digits Only

Note: We will verify this number in the next step

User already exists. Click here to Login

Error: This is a mandatory field

By clicking on "Proceed", I accept the
Mutual Funds Terms of Services.

Performance Graph*
Returns Calculator
rupee Digits Only

Error: This is a mandatory field

If ₹5000 invested for 1

Estimated returns*

₹ 0

with % annual returns

Direct Funds
Estimated amount
₹ 10,27,000
Regular Funds
Estimated amount
₹ 9,91,000

* The calculator, based on assumed rate of returns, is meant for illustration purposes only.More

The calculations are not based on any judgments of the future return and should not be construed as promise on minimum returns. Information gathered and material used in this calculator is believed to be from reliable sources. Paisabazaar however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, Paisabazaar does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator.

investment objective

The scheme seeks to provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of large cap equity stocks (as specified by SEBI/AMFI from time to time).

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

riskometer
Top Holdings
Top 10 Sectors %
Financial 34.75
Construction 10.24
FMCG 9.25
Energy 8.71
Others 8.46
Automobile 6.82
Life Insurance 5.63
Technology 4.57
Engineering 3.89
Health Care 3.54
Top 10 Sectors %
Banking 9.37
Others 7.17
Banking 6.7
Infrastructure 5.04
Tobacco Prod. 4.56
Others 4.46
Dairy products 4.02
Banking 3.78
Housing Finance 3.45
Banking 3.41
Fund house details
Fund House SBI Mutual Fund
Fund Manager Sohini Andani
Fund Setup Date 01 Jan 2013
Address 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East)
Contact 022 - 61793000 / 1800 425 5425
Email ID customer.delight@sbimf.com
More About This Fund

What are SBI Bluehchip Funds

SBI Bluechip Fund is an open-ended long term growth mutual fund scheme with the aim to provide investors with capital growth and wealth generation. SBI Bluechip Fund invests predominantly in diverse large cap equities and equity related instruments, therefore the risk is moderately high. Ms. Sohini Andani is the Fund Manager who has been managing this fund since September 2010.

A growth fund is an equity fund that invests a majority of the fund corpus in a diversified mix of shares and stocks of companies of different capitalization. In an open-ended fund one may purchase or sell equity stocks any time and may invest periodically as in Systematic Investment Plans (SIPs) instead of a lump sum amount. This also leads to rupee cost averaging benefit in the long term. Rupee cost averaging means when you invest a fixed amount at regular intervals then you buy more equity shares when those are low priced and less shares when prices are high, thus averaging out costs of units.

SBI Bluechip Fund invests 80% of the fund amount in blue chip companies, i.e. the well established companies that are financially sound and have brand equities in the market. Good performance and renowned brands ensure safety and reliability as they are possibly the market leaders. The portfolio of SBI Bluechip Fund consists mainly of large cap stocks.

Who should Invest?

Investors who can invest money for 3-5 years and want to generate wealth through high returns, then one can invest in SBI Bluechip Fund as it aims for long-term appreciation

One has to keep in mind that with high returns (in the long term), one should also be able to tolerate moderate losses intermittently. SBI Bluechip Fund invests majorly in large cap equities and someone who can take and bear moderate risks should go for it

Although it carries moderate risks, large cap shares reduce the volatility during tough market conditions and hence it is good for investors who would prefer to invest only in renowned brands rather than emerging companies

What You Gain?

As it invests in blue chip stocks, it has a unique advantage for the investors such as quality of stock equities, stability in size and tenure of the mutual fund investment, clarity in valuations of the returns and steady dividend payouts to the shareholders

Large cap equities are liquid as these are traded frequently due to its established name in the market

What You Could Lose?

This is for moderate risk tolerance and the fund may not perform up to the benchmark at times. The fund has underperformed in recent times and its competitors in the similar fund category have generated more returns. However, it seeks to outperform through an active management.

Investment Portfolio

Although SBI Bluechip Fund invests a major part of corpus amount in share equity of large cap companies, it has the flexibility to invest 20% of the corpus amount in debt, other money market instruments and companies other than that of large capitalization. Its portfolio comprises investments in Financial sectors, Energy, Consumer Goods, Automobile, etc.

SBI claims that “the fund follows a blend of growth and value style of investing with a combination of top down and bottom-up investment strategy for stock selection across sectors”. It is one of the high rated Mutual Fund by CRISIL (formerly Credit Rating Information Services of India Limited) and one among the top fund schemes by SBI Mutual Funds.

There is 1% exit Load only if the investor redeems his fund within 12 months. There is no Exit load above the duration of 1 year.

Taxation – How will they be taxed?

The long term capital gains, over and above Rs 1 lakh, made on sale of units after 1 year from the date of allotment will be taxed at the rate of 10% (without indexation). On the other hand, the short-term capital gains made on sale of units within 1 year from the date of allotment will be taxed at the rate of 15%.

How to invest in SBI Bluechip Fund?

  • Sign Up/Sign In to Paisabazaar.com and go to ‘Direct Mutual Funds
  • Click on the section of ‘Large Cap Funds’
  • Type and search directly by the name of SBI Bluechip Fund. Once it opens up, look at the details. You can also compare similar funds as well as use Returns Calculator
  • Click on ‘Invest Now’, select either Lump sum or SIP

Why should you choose Paisabazaar?

  • Trusted website, no commission charges and no paperwork
  • You can compare more than 1,700 Funds at one platform instead of visiting the website of each AMC (Asset Management Company) and then searching for numerous funds
  • Easy to browse as Funds are segregated under Equity, Debt, Large Cap, ELSS, etc. You can further add filters of ratings, returns, fund houses.

FAQs

Q. What is a blue chip company?
A. A renowned large capitalization with good reputation in the market is a blue chip company.

Q. Why is it called a Blue Chip Fund?
A. The term ‘Blue Chip’ comes from the game of Poker in which blue chips hold the highest value.

Q. What is the meaning of large cap?
A. Large cap means large capitalization companies. SEBI classifies companies and businesses based on their capital into large, mid and small companies.

Q. Does SBI Blue Chip Mutual Fund come under Section 80C or offers tax benefits?
A. SBI Blue Chip Mutual Fund is not a tax saver fund and does not come under Section 80C.

Q. What are the best Blue Chip Funds?
A. Based on performance, rating, etc., some of the best Blue Chip Funds offered by various Asset Management Companies (AMCs) include Mirae, SBI, HDFC among a few. Read more about Best Blue Chip Funds.

Q. Is it beneficial to invest via open-ended (lumpsum) or SIP?
A. SIP is considered efficient and convenient mode of investment that is good for long term investment. It also reduces financial burden as one needs to invest periodically and one can start with amount as low as Rs. 500 per month.

Q. What is Exit Load?
A. Exit Load is the fee charged from an investor when he decides to quit the scheme and redeem his money. Generally, there is some penalty charged only if funds are redeemed in less than 365 days, otherwise there are usually no charges.

Q. What is Expense Ratio?
A. It is the fee charged from the investor for managing his fund money and allocating it to the stocks that can help him earn returns.

Q. What is Direct Mutual Fund?
A. A Direct Mutual Fund is where there is no broker/mediator involved to help the investor select the fund for investing. In a Regular Plan, the Expense Ratio is more than in a Direct Plan, as there are additional charges for the mediator.