SBI Bluechip Fund Direct Growth
SBI Bluechip Fund Direct Growth

SBI Bluechip Fund Direct Growth

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Equity
Direct
Large-Cap

NAV: ₹ 73.2 as on 29-05-2023

Fund Performance
zero opening, trading, fund transfer fee
18191 people have invested ₹ 11.6Cr in SBI Bluechip Fund Direct Growth in the last three months

Fund Insights

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In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 32.39% return, outperforming SBI Bluechip Fund Direct Growth by 5.19% per annum

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In the last 5 years, Canara Robeco Bluechip Equity Fund Direct Plan Growth has given 15.18% return, outperforming SBI Bluechip Fund Direct Growth by 2.44% per annum

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Over the last 1 month, SBI Bluechip Fund Direct Growth has experienced a 5.1% growth in AUM moving from 34.04K Cr to 35.77K Cr

INDmoney Rank

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9
/19
54% Performance
54% Risk Management
53% Cost
9 out of 19 among large-cap

Pros

Larger AUM within category

3Y returns in the top 25% of the category

Beats FD returns for both 3Y & 5Y

Cons

No bad points found for this fund.

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 a NAV of 73.2393 as on 29-05-2023.

2) SBI Bluechip Fund Direct Growth has 35770 Cr worth of assets under management (AUM) as on 31-03-2023 and is more than category average.

3) The fund has an expense ratio 0.96 %.

SBI Bluechip Fund Direct Growth Overview

Expense ratio
Expense ratio
0.96%
Benchmark
Benchmark
S&P BSE 100 India TR INR
AUM
AUM
₹35770 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
7.33%

Fund Distribution as on (30-Apr-23)

  • Equity 94.2%

  • Debt & Cash 5.8%

Size breakup

Large cap
84.7%
Mid cap
9.3%

Sector Allocation

Mar'23

Feb'23

Financial Services

36.5%

Consumer Cyclical

16.5%

Industrial

9.5%

Consumer Defensive

9.2%

Health

6.6%

Basic Materials

6%

Energy

6%

Tech

5.6%

Communication

2.2%

Real Estate

2%

Top Holdings of SBI Bluechip Fund Direct Growth as on (30-Apr-23)

  • Equity

Equity Holdings47

SBI Bluechip Fund Direct Growth: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
-0.26%
-0.26%
-1.17%
Nifty 100
-0.30%
-0.30%
-2.47%
  • This fund’s returns stands at -0.26% whereas the fund’s underlying benchmark Nifty 100 returns stands at -0.30% as on Apr'23
  • This fund outperformed Nifty 100 by 0.04% in Apr'23

AUM Change

Parameters
Mar'23
Feb'23
AUM
₹ 34K Cr
₹ 34.3K Cr
  • AUM of the fund stands at 34K Cr as of Mar'23
  • AUM decreased by 267.1 Cr between Mar'23 and Feb'23

Fund Portfolio Changes

Gainers & Losers in SBI Bluechip Fund Direct Growth portfolio as on (30-Apr-23)

SBI Bluechip Fund Direct Growth 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

Fund 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 15.26% since inception which is more than its category average return of 11.7%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.23% in Equity, 0% in Debt and 5.77% in Cash related instruments
AUM size ₹35770 Cr

AUM size ₹35770 Cr

This fund has AUM of ₹35770 Cr which is more than its category average of ₹ 4841 Cr
Expense Ratio 0.96%

Expense Ratio 0.96%

This fund has an expense ratio of 0.96% which is less than its category average expense ratio of 1.39%

Frequently Asked Questions

The current NAV of SBI Bluechip Fund Direct Growth is ₹73.24 as on 29-May-2023.
Existing (Absolute + CAGR) as on 29-May-2023.
SBI Bluechip Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.61%
3.61%
6 Month Returns
3.65%
3.65%
1 Year Returns
18.99%
18.99%
3 Years Returns
105.81%
27.2%
5 Years Returns
82.08%
12.73%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.96% as on April 2023
₹35770 Cr as on April 2023
HDFC Bank Ltd(9.2%), ICICI Bank Ltd(8.48%), ITC Ltd Shs Dematerialised(5.83%), Larsen & Toubro Ltd(5%), Infosys Ltd(4.39%) as on April 2023
Financial Services(34.78%), Consumer Cyclical(16.18%), Consumer Defensive(8.95%) as on January 1
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
3.69
1.3
-0.4
As on April 2023
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
0.88
0.96
0.99
As on April 2023
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
0.32
1.28
0.4
As on April 2023
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
14.29
14.87
19.15
As on April 2023
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 3.24 as on April 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.24 as on April 2023. It tells the consistency of the fund in generating superior risk-adjusted performance
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%