SBI Mutual Fund SIP: When it comes to long-term investing, investors prioritise the safety of their money over high returns. But what could be better than getting both — safety and good returns? There are quite a few largecap mutual funds that have met investor expectations on both these parameters. In this article, we will review the performance of SBI Bluechip Fund – a largecap fund that have delivered consistent returns since its inception in February 2006. The fund has given 12.18% since its launch.
SBI Bluechip Fund investment strategy:
-The scheme aims to deliver long-term capital growth for investors.
-Its portfolio is comprised of a diversified basket of large-cap equity stocks.
-The fund focuses on investing in financially robust and well-established companies with consistent performance.
-It is designed to balance growth potential with stability, ensuring steady returns over time.
SBI Bluechip Fund has 95.35% investment in domestic equities, with the following allocation:
-64.97% in Large Cap stocks
-7.81% in Mid Cap stocks
-1.66% in Small Cap stocks
Also read: ELSS Mutual Funds: Best funds with up to 50% returns in 2024! See top-10 list of tax-saving funds
Returns (annualised) of SBI Bluechip Fund over different time periods:
1 Year (1Y): 12.46%
3 Years (3Y): 12.89%
5 Years (5Y): 16.10%
7 Years (7Y): 12.33%
10 Years (10Y): 12.78%
15 Years (15Y): 12.94%
Since Inception: 12.18%
Investment done through SIP in SBI Bluechip Fund:
The SBI Bluechip Fund has generated a yield of 12.18% annually, turning a Rs 10,000 SIP into a huge corpus of Rs 98.54 lakh in 19 years.
Lump sum investment:
In this fund, if you had invested Rs 1 lakh 19 years back when the scheme was launched, it would have been turned your investment into a corpus of Rs 8.77 lakh, giving an absolute return of 777.48%.
Top 5 holdings of SBI Bluechip Fund:
Top five holdings of the SBI Bluechip Fund include HDFC Bank (9.84%), leading the banking sector; ICICI Bank (7.47%), further strengthening its financial focus; Infosys (5.04%), representing the tech sector; ITC (4.75%), ensuring exposure to FMCG; and Larsen & Toubro (4.57%), adding a strong industrial and infrastructure presence.
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