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How is SBI bluechip fund? Is it safe?

I am investing Rupees 2000 per month in SBI Bluechip. Is it a right decision?

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4 Approved Answers

Pijush Kanti Biswas

SBI Bluechip Fund is a large cap fund which has consistently outperformed its benchmark since its inception and is one of the most popular large cap fund in market today.

In large cap fund, a large portion of investment is done in companies with large market capitalization. Large cap are big, well established companies of the equity market. These companies are strong, reputable and trustworthy. Large cap companies generally are top 100 companies in a market. There is no consensus on the capitalization as such.

Key points for SBI Bluechip Fund is:

  • This fund has been rated as a 4-star fund by Groww and ranked 2 in large cap fund category by Crisil.
  • AUM of close to ₹16480 Cr.
  • Launched in Feb 14, 2006 so performance can be ease to judge.
  • Past 3 years return is 13.45% per annum.
  • Has consistently outperformed its benchmark BSE S&P 100 and NIFTY 50 since its launch.
  • The top portfolio holdings of the fund include SBI, HDFC Bank Ltd., ITC, Mahindra & Mahindra Ltd., L&T, HPCL etc.
  • The holdings are balanced across various sectors with maximum weightage given to financial services (35%).

With SBI Bluechip Fund keep a long-term investment horizon of at least 5 years is recommended and you may expect a return between 12-15% per annum.

For more detail review of SBI Bluechip fund check on this video:

https://www.youtube.com/watch?v=3MXKWAHu4Ss

Happy Investing!

Groww Insights

Check out this review of SBI Bluechip fund. Please do understand the risk with mutual funds before investing. Invest wisely!



Ankit

SBI Bluechip Fund is a large cap equity fund which has consistently outperformed its benchmark since its inception.

This fund has been ranked number 1 in large cap category by CRISIL Ltd and is rated as a 4-star fund by Groww. Key points for SBI Bluechip Fund are:

·     AUM of close to 15,600 crores

·     Launched in February 2006

·     Past 3 years return is 14.5%

·     Past 5 year returns are even higher at 18.8%.

·     Has consistently outperformed its benchmark BSE S&P 100 and NIFTY 50 since its launch.

·     The fund is being managed by Ms. Sohini Andani since 2010 who comes with an experience of 20 years in the mutual fund industry.

·     The top portfolio holdings of the fund include HDFC bank, Nestle, L&T, ITC, Mahindra & Mahindra, SBI etc.

·     The holdings are balanced across various sectors with maximum weightage given to financial services (31.98%)

Also SBI Bluechip fund has a money market component of approximately 9% which further diversifies the fund portfolio and reduces the risk pertaining to a single asset class.

The risk is moderately high in this fund. Considering an investor is investing INR 2000 per month through the SIP route it will be a safe investment depending on your time horizon. Anything between 3-5 years and above in the case of a large cap fund is considered to be safe. Fund has an expense ratio of 1.97% per annum.

 The fund is suitable for investors who want exposure to blue chip companies from a medium to long term perspective and are willing to take moderate risk in the equity markets.

Devanshu

SBI bluechip fund is a large cap equity fund with an AUM of close to 15,600 crores launched in February 2006. Over the last three years it has given an annual return of 14.5% and has consistently outperformed its benchmark BSE S&P 100 since its launch. Annualized 5 year returns are even higher at 18.8%. It has been ranked 1 in large cap category by CRISIL Ltd and is rated as a 4-star fund by Groww. The fund is being managed by Ms. Sohini Andani since 2010 who comes with an experience of 20 years in the mutual fund industry.

The top portfolio holdings of the fund include HDFC bank, Nestle, L&T, ITC, Mahindra & Mahindra, SBI etc. The holdings are balanced across various sectors which include FMCG, financial, automobile, energy, pharmaceuticals and various other sectors. The sectors with maximum weightage are financial services (31.98%), Automobile (10.53%), Consumer goods (8.57%) and energy (7.49%).

Also SBI Bluechip fund has a money market component of approximately 9% which further diversifies the fund portfolio and reduces the risk pertaining to a single asset class.

The risk is moderately high in this fund. Considering you are investing 2000 per month through the SIP route it will be a safe investment depending on your time horizon. Anything between 3-5 years and above in the case of a large cap fund is considered to be safe. Also at the same you will be benefitting from the rupee cost averaging benefit of an SIP Investment which will help in decreasing the risk associated with fluctuating capital markets.

 The fund is suitable for investors who want exposure to blue chip Indian companies from a medium to long term perspective and are willing to take moderate risk in the equity markets. Fund has an expense ratio of 1.97% per annum.


Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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