Are Bluechip Funds Good?

Is SBI Blue Chip Fund good investment?

SBI Bluechip Fund is one of the star funds in the large cap mutual fund category.

As the name suggests, large cap mutual funds invest in very large companies or top 100 companies by market capitalisation.

Most schemes, including large cap schemes, have not benefited from the rally in the market..

Can mutual fund make you rich?

It is good enough to help you achieve your financial goals and at some point become financially independent which in itself is a great thing but if you want to become really really rich, just investing in Mutual Funds is not going to make it happen. But investing in stocks is also not going to do it.

Should I buy mutual funds when the market is down?

Unlike popular wisdom, it is actually a good time to invest in the stock markets (via mutual funds) when the markets are down. The worse the markets are, the better returns you are likely to get in the medium to long term.

Which SBI Mutual Fund is best for long term?

Best Performing SBI Mutual Fund Schemes for SIP InvestmentFund Name1 Year Return5 years ReturnsSBI Magnum Multi-cap Fund10.84%24.88%SBI Magnum Tax Gain Fund7.46%19.97%SBI Short Term Debt Fund4.17%8.28%SBI Small and Midcap Fund20.93%37.45%8 more rows

What is the interest rate of SBI Mutual Fund?

Compounded Annualized Growth Rate PerformanceLast 1 YearLast 5 YearSBI Savings Fund6.95%7.33%Scheme Benchmark: – NIFTY Money Market Index Benchmark6.17%7.17%Additional Benchmark: – Crisil 1 Yr T-Bill Index Additional Benchmark7.24%7.04%3 more rows

How does SBI Blue Chip Fund work?

SBI Bluechip Fund is a largecap scheme that invests in stocks of very large companies. Largecap schemes are considered less volatile than other equity schemes like mid and smallcap schemes. They are recommended to conservative equity mutual fund investors with an investment horizon of five to seven years.

Which SBI MF is best?

Top 10 Sbi Mutual FundsFund NameCategory1Y ReturnsSBI Magnum Midcap FundEquity6.1%SBI Magnum Medium Duration FundDebt12.3%SBI Debt Hybrid FundHybrid6.8%SBI Magnum Gilt FundDebt11.7%12 more rows

Is it worth buying mutual funds?

Mutual funds can hold many different securities, which makes them very attractive investment options. Among the reasons why an individual may choose to buy mutual funds instead of individual stocks are diversification, convenience, and lower costs.

What are the top 5 mutual funds?

Large-Company Stock Funds – 5 yearsFUND NAMESYMBOL5-YR RETURNMorgan Stanley Multi Cap Growth ACPOAX26.67%Morgan Stanley Instl Growth Portfolio AMSEGX23.68RidgeWorth Aggressive Growth Stock ASAGAX23.49Transamerica Capital Growth AIALAX23.16 more rows

Is SBI Mutual Fund is safe?

Capital Appreciation: Investing in SBI MF can give you a capital appreciation for low-risk investments as well high-risk investments depending on the fund you wish to invest. Safety: The mutual fund schemes by SBI are one of the country’s trusted and reliable fund schemes.

Which mutual fund is best for long term investment?

Top 10 Long Duration Mutual FundsFund NameCategory1Y ReturnsMirae Asset Tax Saver FundEquity7.7%DSP Natural Resources and New Energy FundEquity-6.1%Axis Long Term Equity FundEquity0.1%Aditya Birla Sun Life India GenNext FundEquity-0.4%7 more rows

Is Blue Chip a good investment?

Blue-chip stocks typically have solid balance sheets, steady cash flows, proven business models, and a history of increasing dividends. For that reason, investors generally consider blue-chip stocks to be among the most secure stock investments because of their track records and performance history.

How good is SBI Blue Chip mutual fund?

SBI Bluechip and Reliance Large Cap are two of the best mutual funds in the large-cap category. All you seasoned investors know that large-cap funds are probably the safest funds in the equity category….Returns.YearReturnsYear 19.5%Year 311.30%Year 521.80%Jul 31, 2020

What is the return of SBI Blue Chip Fund?

Returns (NAV as on 22nd September, 2020)Period Invested for₹10000 Invested onAnnualised Returns3 Year22-Sep-171.23%5 Year22-Sep-156.74%10 Year22-Sep-109.10%Since Inception14-Feb-069.54%7 more rows

Which is the best Bluechip fund?

Top 10 Large Cap Mutual FundsFund NameCategory1Y ReturnsAxis Bluechip FundEquity2.4%Mirae Asset Large Cap FundEquity1.8%Canara Robeco Bluechip Equity FundEquity9.8%Kotak Bluechip FundEquity4.2%12 more rows

Which mutual funds are best to invest now?

Top 10 Equity Mutual FundsFund NameCategoryFund Size(in Cr)Axis Bluechip FundEquity₹16,764Aditya Birla Sun Life India GenNext FundEquity₹1,551DSP Natural Resources and New Energy FundEquity₹326DSP Midcap FundEquity₹7,88312 more rows

Should I continue with SBI Bluechip fund?

Since you have a long-term investment horizon, you may continue with the scheme. The market has lost around 6-7% since you messaged the query. Hold your nerve, focus on your long-term financial goal, and continue with your regular investments.

What is better SIP or lump sum?

Whereas with a lump sum investment, your money would buy fewer units of the mutual fund when markets are up and more units when they are down. … Less Stressful: A SIP investment is less stressful than a lump sum investment and may help you stay invested.

What is Axis Bluechip fund growth?

The Scheme is an open-ended equity scheme predominantly investing in large cap stock. The investment objective of the Scheme is to achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives.

Can you lose all your money in a mutual fund?

All funds carry some level of risk. With mutual funds, you may lose some or all of the money you invest because the securities held by a fund can go down in value. Dividends or interest payments may also change as market conditions change.

Which mutual fund is best in 2020?

Scheme namePercentage (%)SBI Magnum Multicap – G50ICICI Prudential Bluechip Fund – G50Motilal Oswal Multicap 35 Fund – G30Axis Bluechip Fund- G209 more rows•Aug 19, 2020

Is SBI sip tax free?

Investment Objective These funds have a lock-in period of three years. When you invest in SBI MF ELSS Funds, you become eligible for a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act. In this, the amount invested by you gets deducted from your taxable income.

What is Blue Chip Fund?

A Blue chip fund is a term used to indicate well-established and financially sound companies. Blue chip funds invest in stocks of those companies that have a credible track record with sound financials along with regular dividend payments and profitability over the years.

Which mutual fund gives highest return?

Here’s a look at five such schemes:Axis Bluechip Fund. 5-year SIP returns: 15.57% … AXIS Focused 25 Fund. 5-year SIP returns: 15.25% … IIFL Focused Equity Fund. 5-year SIP returns: 14.71% … SBI Focused Equity Fund. 5-year SIP returns: 13.69% … Mirae Asset Emerging Bluechip Fund. 5-year SIP returns: 15.40%