How Good is an Investment in SBI Blue Chip Fund for One Year? ET Money Explains

Out of all the mutual fund schemes available in the market, SBI Bluechip Fund is one of the popular ones.

The mutual fund markets have seen many ups and downs in recent times, especially due to the effect of the global pandemic. Nonetheless, the performance of mutual funds have always picked up and balanced at a later stage. Large-cap Funds have always performed reasonably well during uncertain market conditions a majority of times. There are many Large-cap funds in India which one can choose but out of all we have picked up SBI Bluechip Fund which is one of the best managed schemes falling in the Large-cap Funds category that can give decent returns to long term investors of one year or more.

SBI Bluechip Fund has gained popularity amongst long term investors as it allocates 80% of its assets in stocks of large-sized companies. Along with investing in large caps, the fund manager also allocates the remaining amount in mid-cap stocks after studying the market conditions. Having being around for more than a decade now, SBI Bluechip Fund has consistently delivered consistent long term returns to its investors. In the past 5 years, SBI Bluechip Fund has generated returns at a CAGR of around 16.4%, as against 17.6 %GR delivered by its benchmark S&P BSE 100 – TRI index.

SBI Bluechip Fund holds a commendable performance track record over longer time periods which gives decent returns to investors holding for at least 1 year or more. In short, investors looking for long term investment goals can choose this fund.