SBI Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
NAV: ₹ 87.53 as on 16-04-2024
Fund Performance
25746 people have invested ₹ 16.5Cr in SBI Bluechip Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 13.0% growth in AUM moving from 39.65K Cr to 44.81K Cr.
In the last 1 year, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 43.28% return, outperforming this fund by 17.21%.
Over the last 1 year, this fund has decreased expense ratio by 5.6% moving from 0.90 to 0.85.
In the last 5 years, Baroda BNP Paribas Large Cap Fund Direct Plan Growth Option has given 18.81% return, outperforming this fund by 3.01% per annum.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 26.35% return, outperforming this fund by 9.81% per annum.
INDmoney Rank of SBI Bluechip Fund Direct Growth
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14
/19
27% Performance
42% Risk Management
48% Cost
14 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
3Y returns in the bottom 25% of the category
About the 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
- SBI Bluechip Fund Direct Growth has ₹44819 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.9.
SBI Bluechip Fund Direct Growth Overview
 | 0.85% |
 Benchmark | S&P BSE 100 India TR INR |
 | ₹44819 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 17% |
SBI Bluechip Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
85.2%
Mid cap
11.1%
Sector Allocation
Financial Services
30.3%
Consumer Cyclical
17.7%
Industrial
11.8%
Consumer Defensive
10.9%
Health
8%
Basic Materials
6.5%
Tech
5.1%
Energy
4.5%
Real Estate
2.8%
Communication
2.4%
Top Holdings of SBI Bluechip Fund Direct Growth as on (31-Mar-24)
Equity Holdings49
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.08% | 0% | |
 ICICI Bank Ltd | 7.82% | 0% | |
 Larsen & Toubro Ltd | 6.23% | 0% | |
 ITC Ltd | 4.81% | 2.7% | |
 Bajaj Finance Ltd | 4.55% | 0% |
See all
SBI Bluechip Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 3.27% whereas the fund’s underlying benchmark Nifty 100 returns stands at 0.26% as on Mar'24
- This fund outperformed Nifty 100 by 3.01% in Mar'24
AUM Change
- AUM of the fund stands at 44.8K Cr as of Mar'24
- AUM increased by 1.5K Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in SBI Bluechip Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Thermax Ltd | 25.2% |
 Bajaj Finance Ltd | 12% |
 Bajaj Auto Ltd | 8.1% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 Hindustan Unilever Ltd | -3.5% |
 Page Industries Ltd | 5.2% |
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
SBI Bluechip Fund Direct Growth 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 15.79% since inception which is more than its category average return of 13.36%
Fund Allocations
This fund has an allocation of 96.24% in Equity, 0% in Debt and 3.76% in Cash related instruments
AUM size ₹44819 Cr
This fund has AUM of ₹44819 Cr which is more than its category average of ₹ 6097 Cr
Expense Ratio 0.85%
This fund has an expense ratio of 0.85% 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 ₹87.53 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
SBI Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.85% | 2.85% |
6 Month Returns | 11.06% | 11.06% |
1 Year Returns | 26.07% | 26.07% |
3 Years Returns | 58.28% | 16.54% |
5 Years Returns | 108.3% | 15.81% |
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.
0.85% as on March 2024
₹44819 Cr as on March 2024
HDFC Bank Ltd(8.08%), ICICI Bank Ltd(7.82%), Larsen & Toubro Ltd(6.23%), ITC Ltd(4.81%), Bajaj Finance Ltd(4.55%) as on March 2024
Financial Services(29.17%), Consumer Cyclical(16.99%), Industrial(11.33%) as on March 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 | -1.66 | 0.11 | 0.32 |
As on March 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 | 0.95 | 0.89 | 0.98 |
As on March 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 | 1.97 | 0.91 | 0.64 |
As on March 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 | 10.42 | 11.77 | 18.46 |
As on March 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 1.75 as on March 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%