SBI Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
NAV: ₹ 73.2 as on 29-05-2023
Fund Performance
18191 people have invested ₹ 11.6Cr in SBI Bluechip Fund Direct Growth in the last three months
Fund Insights
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
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
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
 | 0.96% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹35770 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 7.33% |
Fund Distribution as on (30-Apr-23)
Size breakup
Large cap
84.7%
Mid cap
9.3%
Sector Allocation
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 Holdings47
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.2% | 0% | |
 ICICI Bank Ltd | 8.48% | 0% | |
 ITC Ltd Shs Dematerialised | 5.83% | 0% | |
 Larsen & Toubro Ltd | 5% | 0% | |
 Infosys Ltd | 4.39% | 0% |
See all
SBI Bluechip Fund Direct Growth: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- 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
- 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)
Top Growth Drivers | 1M Return |
|---|---|
 ITC Ltd | 12.3% |
 Larsen & Toubro Ltd | 9% |
 HDFC Bank Ltd | 4.8% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -11.2% |
 Shree Cement Ltd | -7.3% |
 Schaeffler India Ltd | -4.4% |
Peer Analysis
SBI Bluechip Fund Direct Growth Fund Manager
Mohit Jain
Fund Manager of SBI Bluechip Fund Direct Growth, since 30 November 2017
Top funds managed
Sohini Andani
Fund Manager of SBI Bluechip Fund Direct Growth, since 1 September 2010
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
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
This fund has an allocation of 94.23% in Equity, 0% in Debt and 5.77% in Cash related instruments
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%
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.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
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%