SBI Bluechip Fund Direct Growth

SBI Bluechip Fund Direct Growth

Equity

Direct

Large-Cap

NAV as on 05-12-2024

₹ 100.58

0.2%

1D

Inception Returns

16.2%

/yr

About SBI Bluechip Fund Direct Growth

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 ₹50447 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

SBI Bluechip Fund Direct Growth has given a CAGR return of 16.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.58%, 15.29% and 17.97% respectively.

Holdings

SBI Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Consumer Defensive, Tech, Industrial, Health, Basic Materials, Energy, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, ITC Ltd, Infosys Ltd, Larsen & Toubro Ltd

Taxation

As it is a large-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of SBI Bluechip Fund Direct Growth

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).

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Bluechip Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
28242 people have invested ₹ 18.7Cr in SBI Bluechip Fund Direct Growth in the last three months

INDmoney Rank for SBI Bluechip Fund Direct Growth

Powered by IND quant engine
13
/19
36% Performance
52% Risk Management
52% Cost
13 out of 19 among large-cap
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Larger AUM within category
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

SBI Bluechip Fund Direct Growth Overview

Expense ratio0.81%
Benchmark
S&P BSE 100 India TR INR
AUM₹50447 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
13.74%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (05-Dec-24)

Period
SBI Bluechip Fund Direct Growth
Nifty 100
large-cap
1M
1.7%
2.4%
2.6%
3M
-1.1%
-2.2%
-2.6%
6M
12.8%
8.9%
13%
1Y
21.6%
22.5%
25.1%
3Y
15.3%
13.6%
15.2%
5Y
18%
16.2%
17.2%

Fund Distribution

as on (31-Oct-24)

  • Equity 94.9%

  • Debt & Cash 5.1%

Large cap
80.4%

Mid cap
12.8%

Small cap
0.8%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
29.3%
Consumer Cyclical
16.9%
Consumer Defensive
11.9%
Tech
9.5%
Industrial
8.7%
Health
7.5%
Basic Materials
6%
Energy
4.9%
Communication
2.8%
Real Estate
2.4%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.37%
3.24%
0.75%
Nifty 100
-6.79%
2.11%
0.83%
  • This fund’s returns stands at -5.37% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
  • This fund outperformed Nifty 100 by 1.42% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 50.4K Cr
₹ 53.3K Cr
₹ 51.6K Cr
  • AUM of the fund stands at 50.4K Cr as of Oct'24
  • AUM decreased by 2.8K Cr between Oct'24 and Sep'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 6.93% to 7.43%
ICICI Bank Ltd's allocation increased from 6.93% to 7.43%
HDFC Bank Ltd's allocation increased from 7.95% to 8.41%
HDFC Bank Ltd's allocation increased from 7.95% to 8.41%
Divi's Laboratories Ltd's allocation increased from 2.79% to 3.19%
Divi's Laboratories Ltd's allocation increased from 2.79% to 3.19%
Top Stocks sold last month
ITC Ltd's allocation decreased from 4.89 % to 4.87 %
ITC Ltd's allocation decreased from 4.89 % to 4.87 %
Infosys Ltd's allocation decreased from 4.82 % to 4.77 %
Infosys Ltd's allocation decreased from 4.82 % to 4.77 %
Reliance Industries Ltd's allocation decreased from 4.32 % to 4.12 %
Reliance Industries Ltd's allocation decreased from 4.32 % to 4.12 %
Mid Cap allocation has gone down from 13.2% to 12.8%
Mid Cap allocation has gone down from 13.2% to 12.8%
Large Cap allocation has gone down from 80.8% to 80.4%
Large Cap allocation has gone down from 80.8% to 80.4%
Small Cap allocation has gone up from 0.8% to 0.8%
Small Cap allocation has gone up from 0.8% to 0.8%
Cash allocation has gone up from 4.5% to 5.1%
Cash allocation has gone up from 4.5% to 5.1%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Consumer Defensive

Oct'24
Financial Services
29%
Consumer Cyclical
17%
Consumer Defensive
12%
Sep'24
Financial Services
29%
Consumer Cyclical
17%
Consumer Defensive
12%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
51
53
54
Top 5 Company Concentration
29.9%
28.9%
29.3%
Company having highest exposure
HDFC Bank Ltd (8.4%)
HDFC Bank Ltd (7.9%)
HDFC Bank Ltd (7.8%)
No of Sectors
10
10
11
Top 5 Sectors Concentration
76.3%
76.8%
77%
Sector having highest exposure
Financial Services (29.3%)
Financial Services (28.5%)
Financial Services (28.3%)
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Saurabh Pant
Saurabh Pant
Fund Manager of SBI Bluechip Fund Direct Growth, since 1 April 2024
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
Over the last 1 year, this fund has decreased expense ratio by 6.9% moving from 0.87 to 0.81.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 22.7% return, outperforming this fund by 7.41% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 5.3% drop in AUM moving from 53.27K Cr to 50.44K Cr.
Insights icon
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 33.09% return, outperforming this fund by 11.51%.
Insights icon
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 21.36% return, outperforming this fund by 3.4% per annum.

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 16.18% since inception which is more than its category average return of 13.76%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.86% in Equity, 0% in Debt and 5.14% in Cash related instruments
AUM size ₹50447 Cr

AUM size ₹50447 Cr

This fund has AUM of ₹50447 Cr which is more than its category average of ₹ 7019 Cr
Expense Ratio 0.81%

Expense Ratio 0.81%

This fund has an expense ratio of 0.81% which is less than its category average expense ratio of 1.3%

Frequently Asked Questions for SBI Bluechip Fund Direct Growth

The current NAV of SBI Bluechip Fund Direct Growth is ₹100.58 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
SBI Bluechip Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.72%
1.72%
6 Month Returns
12.75%
12.75%
1 Year Returns
21.58%
21.58%
3 Years Returns
53.25%
15.29%
5 Years Returns
128.46%
17.97%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.81% as on November 2024
₹50447 Cr as on November 2024
HDFC Bank Ltd(8.41%), ICICI Bank Ltd(7.43%), ITC Ltd(4.87%), Infosys Ltd(4.77%), Larsen & Toubro Ltd(4.45%) as on November 2024
Financial Services(27.82%), Consumer Cyclical(16.04%), Consumer Defensive(11.27%) as on November 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
0.64
0.65
0.28
As on November 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
0.87
0.89
0.97
As on November 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
1.28
0.75
0.69
As on November 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
11.6
11.87
18.47
As on November 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 1.33 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Saurabh Pant is the fund manager of SBI Bluechip Fund Direct Growth
The Exit load of SBI Bluechip Fund Direct Growth is 1%