Question: Is it good to invest in SBI Bluechip?

SBI Bluechip Fund is suitable for the investors who want to keep quality stocks in the portfolio with growth potential which are managed professionally. The bluechip stocks have a promising future and can provide a much better return for long-term investment without exposing to high risk.

Is it safe to invest in bluechip?

Risk and returns

Blue-chip stocks are considered safe investment options as they can endure economic downturns and are not highly volatile. They also present a slow but moderate growth potential. These are typically dividend-paying stocks where the payment is made quarterly.

How is SBI Bluechip fund doing?

The Current Net Asset Value of the SBI Bluechip Fund as of 10 Dec 2021 is Rs 61.5429 for Growth option of its Regular plan. 2. Its trailing returns over different time periods are: 32.62% (1yr), 17.33% (3yr), 14.67% (5yr) and 11.99% (since launch).

What is the return of SBI Blue Chip Fund?

Returns (NAV as on 09th December, 2021)

Period Invested for ₹10000 Invested on Annualised Returns
1 Year 09-Dec-20 31.20%
2 Year 09-Dec-19 22.77%
3 Year 07-Dec-18 19.26%
5 Year 09-Dec-16 15.07%
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Which SIP is best for 1 year?

Best SIP Plans for the Year 2022

Fund Name Monthly Investment 1 Year Returns
Axis Bluechip Fund 5000 52.52%
Axis Focused 25 Fund 5000 61.91%
DSP Equity Fund 5000 31.90%
Franklin India Focused Equity Fund 5000 80.39%

Is SIP safe for long term?

Is SIP good for the long term? Yes. In fact, it is better to invest in SIP for the long term. Instead of waiting and accumulating money to invest, you start investing whatever amount you are able to save.

Can I withdraw money from SBI Bluechip fund?

Yes, of course, you can withdraw a partial amount while you are continuing your SIP investment. One has nothing to do with the other. One of the best things about mutual fund schemes is their liquidity. So, you can withdraw an invested amount – either in part or the entire amount – at any time you want.

Should I continue with SBI Bluechip fund?

SBI Bluechip Fund is suitable for the investors who want to keep quality stocks in the portfolio with growth potential which are managed professionally. The bluechip stocks have a promising future and can provide a much better return for long-term investment without exposing to high risk.

Which is the best SIP in SBI?

Best Performing SBI Mutual Fund Schemes for SIP Investment

Fund Name 1 Year Return 3 Years Returns
SBI Debt Hybrid Fund -1.4% 7.4%
SBI Equity Hybrid Fund 0.1% 10.3%
SBI ETF Nifty Next 50 Fund 12.13% 17.25%
SBI Focused Equity Fund 1.6% 12.4%

Which fund has the highest return?

Best-performing U.S. equity mutual funds

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Fund Symbol 3-year return
Fidelity Series Growth Company FCGSX 31.19%
Fidelity Series Blue Chip Growth FSBDX 30.45%
American Century Focused Dynamic Gr Inv ACFOX 30.08%
Fidelity Growth Company K FGCKX 29.95%

Which is highest return mutual fund?

Top 10 High Risk Mutual Funds

Fund Name Category 1Y Returns
Principal Equity Savings Fund Hybrid 22.9%
SBI Multi Asset Allocation Fund Hybrid 16.1%
ICICI Prudential Credit Risk Fund Debt 7.3%
Sundaram Equity Hybrid Fund Hybrid 32.3%

Which fund gives highest return?

Top 10 Equity Mutual Funds

Fund Name Category 1Y Returns
Axis Growth Opportunities Fund Equity 52.0%
Axis Midcap Fund Equity 47.4%
Mirae Asset Emerging Bluechip Fund Equity 44.7%
Invesco India Infrastructure Fund Equity 62.5%

Is SBI Mutual Fund Safe?

Safety: The mutual fund schemes by SBI are one of the country’s trusted and reliable fund schemes. Variety of Options: Investing in SBI Mutual Fund comes with a broad range of choices, you can invest for a short-term, mid-term and long-term in these schemes offered by the SBI.

Is SBI BlueChip fund tax free?

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. It reduces your overall tax liability.

Is SIP tax free?

If a SIP of an equity fund is held for less than 12 months, there will be short-term capital gain taxable at 15%. But if a SIP of an equity fund is held for 12 or more months, then there will be long term capital gain taxable at 10% in excess of Rs. 1,00,000/-.

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