SBI Bluechip Fund Direct Growth

SBI Bluechip Fund Direct Growth

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Equity
Direct
Large-Cap
NAV: ₹ 91.66 as on 28-05-2024

About the Fund

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

  1. SBI Bluechip Fund Direct Growth has ₹45411 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.
Fund Performance
zero opening, trading, fund transfer fee
24725 people have invested ₹ 15.5Cr in SBI Bluechip Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.84%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹45411 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
17%

SBI Bluechip Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 96.9%

  • Debt & Cash 3.1%

Size breakup

Large cap
82.5%
Mid cap
14.4%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
30.8%
Consumer Cyclical
16.7%
Industrial
11.5%
Consumer Defensive
10.7%
Health
7.8%
Basic Materials
7.6%
Tech
5.2%
Energy
4.4%
Real Estate
2.8%
Communication
2.5%

Top Holdings of SBI Bluechip Fund Direct Growth as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings49
Debt Holdings1

Gainers & Losers Returns for the month of Apr

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
1.47%
3.27%
0.27%
Nifty 100
1.43%
0.26%
2.21%
  • This fund’s returns stands at 1.47% whereas the fund’s underlying benchmark Nifty 100 returns stands at 1.43% as on Apr'24
  • This fund outperformed Nifty 100 by 0.04% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 45.4K Cr
₹ 44.8K Cr
₹ 43.4K Cr
  • AUM of the fund stands at 45.4K Cr as of Apr'24
  • AUM increased by 591 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 1 year, this fund has decreased expense ratio by 6.7% moving from 0.90 to 0.84.
Insights icon
In the last 1 year, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 41.91% return, outperforming this fund by 15.79%.
Insights icon
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 19.23% return, outperforming this fund by 3.03% per annum.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 25.18% return, outperforming this fund by 8.46% per annum.

INDmoney Rank

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13
/19
23% Performance
43% Risk Management
40% Cost
13 out of 19 among large-cap

Pros

Larger AUM within category
Beats FD returns for both 3Y & 5Y

Cons

Poor track record of protecting capital in bear phase

Fund Manager

Mohit Jain
Mohit Jain
Fund Manager of SBI Bluechip Fund Direct Growth, since 30 November 2017
Sohini Andani
Sohini Andani
Fund Manager of SBI Bluechip Fund Direct Growth, since 1 September 2010
Top funds managed

SBI Bluechip Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.11% since inception which is more than its category average return of 13.73%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.92% in Equity, 0% in Debt and 3.08% in Cash related instruments
AUM size ₹45411 Cr

AUM size ₹45411 Cr

This fund has AUM of ₹45411 Cr which is more than its category average of ₹ 6271 Cr
Expense Ratio 0.84%

Expense Ratio 0.84%

This fund has an expense ratio of 0.84% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of SBI Bluechip Fund Direct Growth is ₹91.66 as on 28-May-2024.
Existing (Absolute + CAGR) as on 28-May-2024.
SBI Bluechip Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.91%
3.91%
6 Month Returns
16.36%
16.36%
1 Year Returns
26.12%
26.12%
3 Years Returns
58.99%
16.71%
5 Years Returns
111.87%
16.2%
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0.84% as on April 2024
₹45411 Cr as on April 2024
HDFC Bank Ltd(8.37%), ICICI Bank Ltd(8.12%), Larsen & Toubro Ltd(5.72%), ITC Ltd(4.83%), Bajaj Finance Ltd(4.29%) as on April 2024
Financial Services(29.82%), Consumer Cyclical(16.18%), Industrial(11.17%) as on April 2024
The alpha ratio for the SBI Bluechip Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
SBI Bluechip Fund Direct Growth
-2.69
0.35
0.19
As on April 2024
The alpha for SBI Bluechip Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the SBI Bluechip Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
SBI Bluechip Fund Direct Growth
0.93
0.88
0.98
As on April 2024
The Beta for SBI Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the SBI Bluechip Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
SBI Bluechip Fund Direct Growth
1.7
0.98
0.64
As on April 2024
The sharpe ratio for SBI Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the SBI Bluechip Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
SBI Bluechip Fund Direct Growth
10
11.68
18.46
As on April 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.89 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Mohit Jain, Sohini Andani are the fund managers of SBI Bluechip Fund Direct Growth
The Exit load of SBI Bluechip Fund Direct Growth is 1%