SBI Blue Chip Fund is intended to offer long-term capital growth opportunities to investors through active investment management in a diversified large capital. The fund invests at least 80% in the big capital. Large-cap stocks are typically well-known brand companies and likely market leaders in their industries.
Flexibility for investing in equities other than big bonds or debt or money market instruments is given to the SBI Blue Chip Fund. The Fund has a combination of growth and value for money, incorporating a top-down and bottom-up investment strategy for seating stocks across sectors and Investment strategies.
SBI Bluechip Direct Plan-Growth
A blue-chip growth plan is an SBI mutual fund equity plan. This scheme was launched on 1 January 2013 and is currently managed by Sohini Andani, the fund manager. The newest AUM is on 06 Mar 2020 at 11:30 pm. This has an AUM of Rs 223,625.01Cr. SBI Bluechip Direct Plan- The returns on growth schemes in the last 1 year are 2. 60%, 20.58% and 140.7% over the last 3 years. The min. The investment amount is Rs 100.
The SBI Blue Chip Fund – Regular plan
Growth Scheme aims to promote long-term capital growth through investments made primarily in a limited category of large stock holdings. The SBI BlueChip Fund’s key Regular Plan-Growth can be listed:
Plans applicable to the SBI Blue Chip Fund-Regular Plan and SBI Blue Chip Fund Direct Plan.
At the end of each working day, net asset value or NAV shall be calculated and written. NAV is rounded down to 4 decimal places under the SBI Blue Chip Fund-Regular program-growth. Upon taking away the current liabilities and liability, NAV is calculated by dividing by the number of units remaining under the scheme on the day of the valuation the amount of demand and/or the fair value of investments under the scheme and the present assets.
As per the SEBI Recommendation (Mutual Funds) Regulations (1996), the NAV should be published in at least 2 national journals. They are also available on the official website of the SBI Mutual Fund (www.sbimf.com) and the website of AMFI (www.amfiindia.com).
WHY SHOULD YOU INVEST IN BLUECHIP FUND REGULAR PLAN GROWTH
The State Bank of India (SBI) is one of the largest and most trusted banks in India. The SBI Mutual Fund has more than 222 acceptance points across India. If the investor’s main objective is to generate long-term capital growth, the SBI Blue Chip Fund–Regular Plan– Development Scheme is a safe investment option.
- Long-term capital expansion
- Investment in equity shares of companies whose market capitalization is at least equal to or greater than the smallest market-capitalized share of the BSE 100 index to offer opportunities to growth capital in the long term.