SBI Bluechip direct (G) Fund ranks among the top 5 in its category. Since its inception in February 2006, SBI Blue Chip Fund has achieved 10.48 percent returns. Ms. Sohini Adani, a fund manager, pursues a bottom-up approach to stock picking. She invests in stocks with growth and reliable valuation. Investments in this fund can be made by investors looking at a well-diversified portfolio with relatively stable and low volatility in their equity portfolio with a period of 3 years.
The SBI Bluechip direct (G) Fund invests in companies with a substantial corporate footprint, a good reputation, and market leaders in their fields. The fund has only those companies that have the potential for steady growth. Investments in SBI Bluechip Direct Plan (G) can be seen by investors looking at a well-diversified portfolio with relatively stable and low volatility in their equity portfolio with a period of 3 years. Large-cap funds have the versatility to invest 20 percent of their assets in midcap. That helps to produce a higher alpha for the fund.
SBI Bluechip Fund has a diversified portfolio consisting of 59 stocks. 68.47 percent of the portfolio comprises the top five holding industries. These include finance (35.20%), automobile (10.05%), consumer goods (9.46%), electricity (7.17%), and construction (6.59%)
Performance of SBI Bluechip Fund
SBI Bluechip Fund ranks 5th in its category. Since its inception, the fund has managed to beat its benchmark most of the time. Market reforms have affected the fund’s performance in the short term, but the fund has performed well in the long term
In 5-year returns, SBI Bluechip Fund outperformed its average category by 0.5 percentage points and its benchmark by 2.8 percentage points. In 5-year returns, the fund performed better than most of its peers. It tries to achieve higher than its benchmark and peers consistently. Since its launch in February 2006, the fund has generated an annualized return of 10.48 percent.
The Rs 5,000-month SIP investment started five years ago in SBI Bluechip Fund is now Rs 3.75 lakh. 75 K income in just five years. Even if one has to redeem his investment, he will not be liable to pay any tax, as a profit of up to Rs 1 lakh is tax-free.
SBI Bluechip Fund is ideally suited for medium to long term goals. Invest in SBI Bluechip Fund to create long term funds. The fund has less volatility than other equity funds (volatility). SBI Blue Chip Fund accepts all SIPs and lump sum investments.
Invest in this fund to provide the best returns for a minimum investment period of 3 years. Do not look at the returns of this investment in a short time. Short term returns can be manipulated.
Conclusion: SBI Bluechip Fund ranks among the top 5 in its category. The fund is reliable for stable long-term returns. The fund manager, Sohini Adani, is set to manage the fund. She is taking a bottom-up approach to take stock. She invests in stocks with growth and good valuation potential.