SBI Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 19-11-2024
₹ 96.16
▲0.3%
1D
Inception Returns
15.9%
/yr
About SBI Bluechip Fund Direct Growth
SBI Bluechip Fund Direct Growth is a large-cap equity mutual fund that invests in blue-chip companies, which are well-established companies with a track record of stable earnings and strong fundamentals. This investment option aims to provide long-term capital appreciation to investors who are looking for a relatively low-risk investment option with the potential for consistent returns. Blue-chip stocks are generally considered to be safer compared to small-cap and mid-cap stocks, but they may also have limited growth potential.SBI Bluechip Fund Direct Growth is suitable for investors who are seeking long-term wealth creation and are willing to stay invested for a longer duration. This mutual fund is managed by experienced professionals who use a mix of growth and value strategies to create a diversified portfolio of blue-chip companies across different sectors.
Key Parameters
- SBI Bluechip Fund Direct Growth has ₹50447 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
SBI Bluechip Fund Direct Growth has given a CAGR return of 15.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.04%, 12.53% and 17.07% respectively.
Holdings
SBI Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Consumer Defensive, Tech, Industrial, Health, Basic Materials, Energy, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, ITC Ltd, Infosys Ltd, Larsen & Toubro Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of SBI Bluechip Fund Direct Growth
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).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Bluechip Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for SBI Bluechip Fund Direct Growth
SBI Bluechip Fund Direct Growth Overview
| Expense ratio | 0.81% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹50447 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 13.74% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -5.37% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund outperformed Nifty 100 by 1.42% in Oct'24
- AUM of the fund stands at 50.4K Cr as of Oct'24
- AUM decreased by 2.8K Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Consumer Defensive
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.41% | 0% | |
 ICICI Bank Ltd | 7.43% | 0% | |
 ITC Ltd | 4.87% | 0% | |
 Infosys Ltd | 4.77% | 0% | |
 Larsen & Toubro Ltd | 4.45% | 0% |
Top Growth Drivers | 1M Return |
|---|---|
 State Bank of India | 0% |
Mutual Fund Insights
SBI Bluechip Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹50447 Cr
Expense Ratio 0.81%
Frequently Asked Questions for SBI Bluechip Fund Direct Growth
SBI Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.35% | -5.35% |
6 Month Returns | 6.64% | 6.64% |
1 Year Returns | 22.04% | 22.04% |
3 Years Returns | 42.49% | 12.53% |
5 Years Returns | 119.89% | 17.07% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
SBI Bluechip Fund Direct Growth | 1.24 | 0.63 | 0.17 |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
SBI Bluechip Fund Direct Growth | 0.86 | 0.89 | 0.97 |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
SBI Bluechip Fund Direct Growth | 1.71 | 0.66 | 0.7 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
SBI Bluechip Fund Direct Growth | 11.85 | 12.13 | 18.46 |