Sbi Bluechip Fund: Direct Growth Investment Strategy

SBI Bluechip Direct Plan-Growth is a Large Cap mutual fund scheme from SBI Mutual Fund. It has been in existence for 11 years and 9 months, having been launched on 1 January 2013. The fund has an expense ratio of 0.8%, which is close to what most other Large Cap funds charge. The investment objective of the fund is 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 latest NAV (Net Asset Value) of the fund, as of 14 October 2024, was 102.68, and the fund has delivered average annual returns of 16.58% since its inception.

How to invest in SBI Bluechip Fund Direct Growth

SBI Bluechip Direct Plan-Growth is a Large Cap mutual fund scheme from SBI Mutual Fund. The scheme was launched on 1 January 2013 and has been in existence for 11 years and 9 months. The fund has an Asset Under Management (AUM) of ₹53,276 Crores as of 30 September 2024 and is considered a medium-sized fund in its category.

The investment objective of the SBI Bluechip Direct Plan-Growth fund is 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 offers both SIP (Systematic Investment Plan) and lump-sum investment options, with a minimum SIP amount of ₹500 and a minimum lump-sum investment of ₹5,000.

To invest in the SBI Bluechip Direct Plan-Growth fund, you can follow these steps:

• Visit the SBI Mutual Fund website or download the mobile app.
• Browse the available mutual fund schemes and select the SBI Bluechip Direct Plan-Growth fund.
• Choose between a one-time investment or starting a SIP. Enter the amount you wish to invest.
• Provide the required personal and bank account details.
• Confirm your investment.

It is important to note that mutual fund investments are subject to market risks, and investors are advised to carefully read all scheme-related documents before making any investment decisions. Additionally, investors should consult their financial, legal, and tax advisors for planning their investment goals.

SBI Bluechip Fund Direct Growth's performance

SBI Bluechip Direct Plan Growth is a mutual fund scheme launched by SBI Mutual Fund with the objective of providing investors with opportunities for long-term growth in capital through an actively managed, diversified basket of large-cap equity stocks. The fund has been in existence since 29 June 1987 and is rated as a very high-risk investment.

As of 11 October 2024, the fund had an Asset Under Management (AUM) of ₹10,37,900 Crore and a Net Asset Value (NAV) of ₹101.96. The expense ratio of the fund is 0.79%, which is lower than the category average, leading to higher returns for investors. The fund has generated higher returns than the category average over 5-year and 10-year periods, although it has underperformed in the past 1 year and 3 years.

SBI Bluechip Direct Plan Growth has delivered average annual returns of 16.58% since its inception and has doubled the invested money every four years. The fund's 1-year returns as of 14 October 2024 were 30.02%. The fund's performance has been consistent and its ability to control losses in a falling market is above average.

The fund has invested the majority of its assets in the Financial, Automobile, Consumer Staples, Technology, and Construction sectors. Its top holdings include stocks of HDFC Bank Ltd., ICICI Bank Ltd., ITC Ltd., Infosys Ltd., and Reliance Industries Ltd.

SBI Bluechip Direct Plan Growth is suitable for investors looking for high returns over a period of at least 3-4 years. However, investors should also be prepared for the possibility of moderate losses.

SBI Bluechip Fund Direct Growth's investment objective

SBI Bluechip Direct Plan Growth is a mutual fund scheme launched by SBI Mutual Fund. The scheme was made available to investors on 29 June 1987 and is currently managed by Sohini Andani. As of 11 October 2024, the fund has an Asset Under Management (AUM) of ₹10,37,900 Crore and a Net Asset Value (NAV) of ₹101.96. The investment objective of the SBI Bluechip Fund Direct Growth is to provide investors with opportunities for long-term growth in capital. This is achieved through the active management of investments in a diversified basket of large-cap equity stocks as specified by SEBI/AMFI from time to time. The fund offers both growth and dividend options, with the direct plan having a lower expense ratio than the regular plan. The fund has generated strong returns, particularly over the last 10 years, and is suitable for investors looking for high returns over a period of at least 3-4 years. However, investors should also be prepared for the possibility of moderate losses. The fund has a majority of its investments in the Financial, Automobile, Consumer Staples, Technology, and Construction sectors. The top holdings include stocks of HDFC Bank Ltd., ICICI Bank Ltd., ITC Ltd., Infosys Ltd., and Reliance Industries Ltd. The fund house contact details are as follows: 9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex, Bandra (East) Mumbai 400051, Phone: 022-61793000 / 1800-425-5425, Website: www.sbimf.com.

SBI Bluechip Fund Direct Growth's expense ratio

The SBI Bluechip Direct Plan-Growth fund has an expense ratio of 0.8%, which is close to the average for Large Cap funds. The expense ratio is an annual fee charged by the fund to manage your investments. It is a percentage of the fund's assets used for administrative, management, advertising, and other expenses.

The expense ratio for the SBI Bluechip Direct Plan-Growth fund is lower than that of the regular plan, which has an expense ratio of 1.49%. This difference is due to the commission paid to the broker/distributor for the regular plan.

The direct plan's expense ratio of 0.8% is considered close to what most other Large Cap funds charge, and it is lower than the category average of 2.01%.

The SBI Bluechip Direct Plan-Growth fund has been in existence for 11 years and 9 months, with assets under management (AUM) of ₹53,276 Crores as of September 30, 2024. The fund has generated a return of 30.02% in the last year and has delivered average annual returns of 16.58% since its inception.

SBI Bluechip Fund Direct Growth's returns

SBI Bluechip Direct Plan-Growth is a Large Cap mutual fund scheme from SBI Mutual Fund. The fund has been in existence for 11 years and 9 months, having been launched on 1 January 2013. The fund has an expense ratio of 0.79% to 0.8%, which is close to what most other Large Cap funds charge.

The SBI Bluechip Fund has generated a return of 30.02% in the last year and has delivered average annual returns of 16.58% since its inception. The fund has doubled the money invested in it every 4 years. The fund's ability to deliver returns consistently is in line with most funds in its category, and its ability to control losses in a falling market is above average.

The SBI Bluechip Fund has invested the majority of its money in the Financial, Automobile, Consumer Staples, Technology, and Construction sectors. Its top 5 holdings are in the following companies:

• Reliance Industries Ltd.
• Larsen & Toubro Ltd.
• Tata Consultancy Services Ltd.
• Kotak Mahindra Bank Ltd.
• Britannia Industries Ltd.

The latest NAV or Net Asset Value of the SBI Bluechip Fund as of 14 October 2024 is 102.68. The fund currently has an Asset Under Management (AUM) of ₹53,276 Crore as of 30 September 2024.

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