How Can I Invest in SBI Bluechip Fund?

With the online payments gaining importance above offline, it is hard to ignore this mode. Along with consumer products’ portals which are encouraging online payments, even the AMCs have come up with an online investment option. This has not only made investment procedure simple for investors but is also helping them save time and money. Among the many fund houses, one is SBI Mutual Fund which has brought for investors a number of schemes to invest in. SBI Bluechip Fund is one of the equity funds that is helping investors in earning well.

This scheme by SBI Mutual Fund is an open-ended scheme that mainly invests in the large cap stocks of top companies. Launched on February 14th, 2006, this scheme is helping investors earn long-term capital appreciation by investing in a diversified basket of stocks that are managed actively. You may invest in it via MySIPonline that helps you do so through a really simplified procedure. But first, let’s read the basic details of this scheme.

Key Points About SBI Bluechip Fund Growth

  • SBI Bluechip Fund NAV as on September 07th, 2018 was Rs. 39.5224. The minimum investment amount with which you may start investing in this scheme is Rs. 5000 for new investors. Existing ones may invest in it with Rs. 1000.

  • If you are planning to invest in this scheme, then you don’t need to worry about the same as the entry load is nil. Make sure that you don’t redeem the units within one year of investment or else you will have to pay 1% as exit load.

  • The assets under management as on July 31st, 2018 were of worth Rs. 20,284 crore out of which investment made in equity is 93.46% and in debt is 6.84%. The investment in equity is further divided into different caps such as giant-cap, large-cap, mid-cap, and small-cap with the assets allocated in them being 61.72%, 26.12%, 11.25%, and 0.91%, respectively. 

  • The top ten companies in which it has invested majorly are HDFC Bank, Larsen & Toubro, ITC, Mahindra & Mahindra, Nestle India, Sun Pharmaceutical Inds., Kotak Mahindra Bank, IndusInd Bank, HDFC, and State Bank of India as on July 31st, 2018.

  • With 20.48% as five-year returns, this scheme surpassed both its benchmark NIFTY 100 TRI and category.  

  • The standard deviation of this scheme is 12.27 which is less in comparison to both its benchmark and category’s SD which are 13.32 and 13.44, respectively. Even its Beta which is 0.87 is less than that of its category.

These were some of the important points that an investor interested in investing in SBI Bluechip Fund should know. By using the “Compare and Invest” tool at MySIPonline, you may compare different similar kind of schemes and may select the best one. If you wish to invest via SIP, then you may take help of the SIP calculator. For any query or to clarify any doubt, you may consult the financial experts anytime without incurring any additional charge.


Curated for You


Top Contributors more

Latest blog