Sbi Blue Chip Fund: A Smart Investment Strategy

The SBI Bluechip Fund is a large-cap mutual fund that has been in existence for over a decade. It seeks to provide investors with opportunities for long-term growth in capital through the active management of investments in a diversified basket of large-cap equity stocks. With an asset under management (AUM) of ₹53,276 Crore as of 30/09/2024, it is a medium-sized fund in its category. The fund has an expense ratio of 0.8%, which is close to the average for large-cap funds. It has delivered average annual returns of 16.58% since its inception and has doubled the money invested every four years.

SBI Bluechip Fund has an ET Money Rank of #12 out of 25 funds and a consistency rating of 3.0, indicating that it has not generated strong returns and that those returns are not very consistent. However, with an absolute return of 52.69%, the fund has generated the highest return among large-cap funds in the last 10 years.

Investors can purchase mutual funds like the SBI Bluechip Fund directly from the website of the fund house, such as the SBI Mutual Fund website. Platforms like MF Central and MF Utility are also options for buying mutual funds. Alternatively, investors can seek the help of a mutual fund distributor or connect with their bank for assistance, as most banks also act as mutual fund distributors.

How to invest in SBI Blue Chip Fund online

SBI Blue Chip Fund is a large-cap mutual fund scheme from SBI Mutual Fund. The fund seeks to provide investors with opportunities for long-term growth in capital through the active management of investments in a diversified basket of large-cap equity stocks.

• Visit the SBI Mutual Fund website or platforms like MF Central, MF Utility, or ET Money.
• Click on the Invest Now button.
• Enter your email address and choose between starting a SIP (Systematic Investment Plan) or making a one-time investment. Specify the amount.
• Provide additional details, including the bank account from which you will make the payment, and confirm your investment.

Please note that the SBI Blue Chip Fund has a minimum SIP investment of ₹500 and a minimum lumpsum investment of ₹5,000. The fund has a very high risk rating, and investors are advised to refer to the Scheme Information and consult their financial advisors before investing.

How to invest in SBI Blue Chip Fund offline

To invest in the SBI Bluechip Fund offline, you can follow these steps:

Firstly, it is important to understand the nature of the fund. The SBI Bluechip Fund is a large-cap equity fund that invests primarily in a diversified basket of large-cap equity stocks. It has been in existence for over 11 years and has provided average annual returns of around 16%. The fund seeks to provide investors with opportunities for long-term capital growth through active management of its investments. The minimum investment amount for this fund may vary depending on the platform and plan you choose.

Next, you can purchase the SBI Bluechip Fund offline by seeking the help of a mutual fund distributor or by approaching your bank, as most banks also act as mutual fund distributors. You can visit the physical branch of your bank and speak to a representative to guide you through the investment process. They will provide you with the necessary forms and assist you in completing the paperwork required to invest in the SBI Bluechip Fund.

Additionally, when investing in the SBI Bluechip Fund, it is essential to consider the associated risks and returns. This fund carries a "Very High-Risk" rating according to SEBI's Riskometer. It is crucial to assess your risk tolerance and investment goals before proceeding.

Remember, mutual fund investments, including the SBI Bluechip Fund, are subject to market risks. Be sure to carefully read all scheme-related documents before making any investment decisions.

How to invest in SBI Blue Chip Fund via SIP

SBI Blue Chip Fund is a large-cap mutual fund that has been in existence for over a decade. The fund seeks to provide investors with opportunities for long-term growth in capital through the active management of investments in a diversified basket of large-cap equity stocks.

• Understanding the Basics: Before investing, it is important to understand the basics of SIP (Systematic Investment Plan). SIP allows you to invest a fixed amount in a chosen mutual fund scheme at regular intervals (usually monthly). Each instalment is called an SIP amount.
• Choosing a Platform: You can invest in the SBI Blue Chip Fund via SIP through various platforms. You can choose to invest directly from the website of the fund house, which is the SBI Mutual Fund website. Alternatively, you can use online platforms like MF Central, MF Utility, or ET Money. These platforms offer a simple and paperless way to start your SIP investment.
• Completing the Know-Your-Customer (KYC) Process: Before initiating your SIP investment, you must complete the KYC process. This is a mandatory process for all mutual fund investments in India. You can complete your KYC by submitting your identity and address proof documents.
• Setting Up a Mandate: To start your SIP, you will need to set up a mandate with the platform you have chosen. This involves providing details of your bank account from which the SIP amount will be debited each month.
• Choosing the Investment Amount and Duration: Decide on the amount you wish to invest through SIP. The SBI Blue Chip Fund has a minimum SIP investment of ₹500. You can also choose the duration of your SIP investment. It is generally recommended to stay invested for the long term (at least 3-5 years) to maximise returns and benefit from the power of compounding.
• Monitoring and Reviewing: Once you have started your SIP investment, it is important to monitor the performance of the fund regularly. Review the fund's performance at regular intervals to ensure it aligns with your investment goals.

Remember, mutual fund investments are subject to market risk. Past performance does not guarantee future results. It is always recommended to consult a financial advisor before making any investment decisions to ensure they are suitable for your financial goals and risk appetite.

How to invest in SBI Blue Chip Fund via a distributor

SBI Blue Chip Fund is a mutual fund that can be purchased directly from the SBI Mutual Fund website. However, if you would like to invest via a distributor, most banks also act as mutual fund distributors, so you can connect with your bank for assistance.

When investing in the SBI Blue Chip Fund, it is important to note that there is no lock-in period. The fund has a very high-risk level and investors should be prepared for the possibility of moderate losses. The expense ratio is 1.55, and the latest NAV (as of 25-Mar-2024) is ₹78.7130.

As an investor, you do not need to pay any additional fees when purchasing regular or direct options of the fund. However, it is important to note that regular funds have a higher expense ratio due to the commission paid to the broker/distributor, which results in lower returns for investors.

The SBI Blue Chip Fund seeks to provide investors with opportunities for long-term growth in capital through the active management of investments in a diversified basket of large-cap equity stocks. It is important to note that this fund should not be invested in if you need to redeem your investment in less than five years.

How to invest in SBI Blue Chip Fund via a bank

The SBI Bluechip Fund is a large-cap mutual fund that seeks to provide investors with opportunities for long-term growth in capital through the active management of investments in a diversified basket of large-cap equity stocks. The fund has a very high risk profile and does not have a lock-in period. It is important to note that you should not invest in this fund if you need to redeem your investment in less than five years.

To invest in the SBI Bluechip Fund via a bank, you can follow these steps:

• Contact your bank: Most banks act as mutual fund distributors, so you can connect with your bank for assistance. They will be able to guide you through the process of investing in the SBI Bluechip Fund.
• Provide necessary information: You will need to provide your bank with personal information, such as your name, address, and financial details. Additionally, you will need to specify the amount you wish to invest and whether you prefer a one-time investment or a Systematic Investment Plan (SIP).
• Complete the necessary paperwork: The bank will provide you with the required forms and documents to complete your investment. Carefully review and fill out all the necessary paperwork.
• Make the investment: Once you have submitted the completed forms and made the necessary payments, your investment in the SBI Bluechip Fund will be processed.
• Monitor your investment: After investing, remember to regularly check the performance of your investment and review the fund's portfolio to ensure it aligns with your financial goals.

It is important to note that investing in mutual funds, including the SBI Bluechip Fund, carries market risks. Be sure to read all scheme-related documents carefully before making any investment decisions. Additionally, consider seeking advice from a financial advisor to ensure that the investment aligns with your specific goals and risk tolerance.

Frequently asked questions