Why SBI Bluechip Fund is profitable fund for you
SBI Bluechip Fund offers investors a wide range of options for long term capital growth. Investments are made in equity stock of companies whose market capitalization is at least equal to or greater than the market capitalized stocks of the S&P BSE 100 Index. The fund is primarily broadened with opportunistic exposures, including midcap ones with strong convictions (up to 20 per cent). Large caps are more low risk than mid and small caps.
SBI Bluechip Fund direct (G) Fund invests about 80 per cent of its capital portfolio in large-cap firms, while the rest is invested in mid-cap enterprises. The fund is heavily in the financial sector, with around 31 per cent risk and has benefited from the sector’s excellent performance. It holds a position in its top 2 holdings, ie. Since 2009, HDFC Bank and Larsen & Toubro have tightened, showing the confidence of the fund manager in taking stock.
SBI Bluechip direct (G) Fund is one of the top-performing schemes in the large-cap category, since its inception, the quality performer in its category has produced 11.41 per cent.
Sohini and ani, who currently manages the fund, is a skilled portfolio manager and a smart stock picker. Her extensive experience as an analyst and head of research is in his technique of stock selection from bottom to top.
This trust has paid off in the performance, and since the fund’s first investment in these stocks, these two stocks have held 788 per cent (HDFC) and 322 per cent (L&T Ltd) as absolute and 27.6 per cent (HDFC) and 15.9 per cent ( L&T Limited). In CAGR. In the last three years, the fund has invested around 10–15 per cent on its debt and cash, which supported it at the time of the market crash.
The fund lagged behind the benchmark in the initial years but exceeded the benchmark in the last five years. The fund gave positive returns in the year previous when the benchmark turned negative.
The annual returns of the fund have exceeded the benchmark. The fund’s 3-year and 5-year returns are ahead of the benchmark, with 7.7 per cent and 6.8 per cent in the S&P BSE 100, respectively. The monthly SIP of Rs 1,000 has gained 14.5 per cent since inception, and the cumulative SIP investment has increased to Rs 3.24 lakh.
How much you can invest in this scheme
So far, it is one of the better-performing assets.
The minimum amount to start investing is Rs 5000 / – and you can reduce the amount later if you want. You can choose the SIP option or Lumpsum Investment, depending on your age and investment capabilities.
SIP will be less risky (higher) than the lump sum, and if you are a person who monitors your finances well, you can always make a lump sum of investment monthly instead of going through SIP.
Another method to invest in this scheme
It depends on you and your portfolio where and what you are investing, what is the large-cap weightage in your portfolio.