Fund Details
SBI Bluechip Direct Plan Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.03% |
| NAV | ₹53.09 (22 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹25,925 Cr |
Fund Overview
Returns
Comparison
1. Lower expense ratio - 1.07%
1. Asset under management(AUM) is more than 15000 Crs. Returns tend to go low once AUM exceeds a certain amount
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the category average returns
4. 3Y Returns are lower than the category average returns
5. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.0% |
| ICICI Bank Ltd. | Financial | Equity | 6.3% |
| Infosys Ltd. | Technology | Equity | 5.0% |
| HCL Technologies Ltd. | Technology | Equity | 4.8% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.0% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.8% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 3.8% |
| ITC Ltd. | FMCG | Equity | 3.7% |
| Reliance Industries Ltd. | Energy | Equity | 3.6% |
| Shree Cement Ltd. | Construction | Equity | 2.8% |
Fund Managers
SBI Bluechip Direct Plan Growth Details
SBI Bluechip Direct Plan Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Sohini Andani is the Current Fund Manager of SBI Bluechip Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹25,925 Cr and the Latest NAV as of 22 Jan 2021 is ₹53.09.
The SBI Bluechip Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
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.
