SBI Bluechip Fund Direct Growth

Equity
Direct
Large-Cap
SBI Bluechip Fund Direct Growth

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 ₹49177 Cr worth of assets under management (AUM) as on Jun 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 16.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.83%, 17.48% and 19.21% respectively.

Holdings

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

Fund Performance
zero opening, trading, fund transfer fee
26072 people have invested ₹ 16.4Cr in SBI Bluechip Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
12
/19
32% Performance
44% Risk Management
49% Cost
12 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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Poor track record of protecting capital in bear phase

Fund Overview

Expense ratio0.82%
Benchmark
S&P BSE 100 India TR INR
AUM₹49177 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
17%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 96.9%

  • Debt & Cash 3.1%

Large cap
82.4%
Mid cap
15.2%
Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
30%
Consumer Cyclical
16.2%
Consumer Defensive
10.7%
Industrial
10.2%
Tech
8.8%
Basic Materials
6.8%
Health
6%
Energy
5.7%
Real Estate
2.7%
Communication
2.5%
Utilities
0.3%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
8.37%
11.1%
ICICI Bank Ltd
ICICI Bank Ltd
7.07%
0%
Reliance Industries Ltd
Reliance Industries Ltd
4.97%
22.4%
Larsen & Toubro Ltd
Larsen & Toubro Ltd
4.47%
0%
Infosys Ltd
Infosys Ltd
4.36%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
SBI Bluechip Fund Direct Growth
SBI Bluechip Fund Direct Growth
25.8%
17.5%
19.2%
16.5%
JM Large Cap Fund (Direct) - Growth
JM Large Cap Fund (Direct) - Growth
46.7%
23.1%
21.1%
15.1%
ICICI Prudential Bluechip Fund Direct Plan Growth
ICICI Prudential Bluechip Fund Direct Plan Growth
38.4%
22.3%
21.4%
17.1%
Nippon India Large Cap Fund - Direct Plan - Growth Plan
Nippon India Large Cap Fund - Direct Plan - Growth Plan
38.2%
26.1%
22%
17.8%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Infosys Ltd
Infosys Ltd
20.3%
Samvardhana Motherson International Ltd
2.4%

Mohit Jain
Mohit Jain
Fund Manager of SBI Bluechip Fund Direct Growth, since 30 November 2017
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Focused Equity Fund Direct Plan Growth
15.8%
19.05%
SBI Equity Hybrid Fund Direct Growth
14.2%
16.44%
SBI Bluechip Fund Direct Growth
17.48%
17.88%
Sohini Andani
Sohini Andani
Fund Manager of SBI Bluechip Fund Direct Growth, since 1 September 2010
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Magnum Midcap Fund Direct Growth
24.37%
24.91%
SBI Bluechip Fund Direct Growth
17.48%
17.88%

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 13.1% growth in AUM moving from 43.48K Cr to 49.17K Cr.
Insights icon
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.1% return, outperforming this fund by 8.62% per annum.
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Over the last 6 months, this fund has decreased expense ratio by 5.7% moving from 0.87 to 0.82.
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In the last 1 year, Quant Large Cap Fund Direct Growth has given 47.94% return, outperforming this fund by 22.11%.
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In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 21.98% return, outperforming this fund by 2.78% 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 16.54% since inception which is more than its category average return of 14.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.93% in Equity, 0% in Debt and 3.07% in Cash related instruments
AUM size ₹49177 Cr

AUM size ₹49177 Cr

This fund has AUM of ₹49177 Cr which is more than its category average of ₹ 6761 Cr
Expense Ratio 0.82%

Expense Ratio 0.82%

This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.31%

Frequently Asked Questions

The current NAV of SBI Bluechip Fund Direct Growth is ₹98.25 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
SBI Bluechip Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.79%
2.79%
6 Month Returns
16.7%
16.7%
1 Year Returns
25.83%
25.83%
3 Years Returns
62.12%
17.48%
5 Years Returns
140.71%
19.21%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.82% as on June 2024
₹49177 Cr as on June 2024
HDFC Bank Ltd(8.37%), ICICI Bank Ltd(7.07%), Reliance Industries Ltd(4.97%), Larsen & Toubro Ltd(4.47%), Infosys Ltd(4.36%) as on June 2024
Financial Services(29.05%), Consumer Cyclical(15.71%), Consumer Defensive(10.39%) as on June 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
-1.72
0.8
-0.03
As on June 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
0.9
0.88
0.98
As on June 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
1.62
0.98
0.7
As on June 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
10.75
11.73
18.56
As on June 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 1.9 as on June 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%