Are you an investor whose dream is to invest in the topmost companies but is hesitant to do so directly? Well, here is an opportunity by SBI Mutual Fund to so.
SBI Mutual Fund is one of those mutual fund investment companies that have provided some of the top schemes to invest in.
SBI Bluechip Fund is a scheme by SBI Mutual Fund that was launched on February 14th, 2006 with an investment objective to generate long-term capital appreciation through investment in various large-cap equity securities. It follows a mixture of growth and value style of investing and a combination of the bottom-up and the top-down approach to select stocks and companies across various sectors.
Long-Term Capital Appreciation - SBI Bluechip Fund helps you earn long-term capital appreciation, and therefore is best-suited to investors who wish for the same but to fully avail this, an investor must let his money be invested for a longer tenure.
Equity Investment in MNCs - SBI Bluechip Fund invests in the equity of large-cap companies, i.e., top 100 companies with full market capitalization. Investing in equity helps an investor become a part of the top most companies.
Minimum Investment Amount - The investment amount in this scheme is only a small amount. If an investor wishes to invest in SBI Bluechip Fund in lump sum, he can do so by investing a minimum amount of Rs. 5000. You can also invest weekly, monthly and quarterly through SIP.
1. Weekly - You can start weekly SIP with Rs. 1000 for a minimum period of six weeks.
2. Monthly - You can start with a monthly SIP of Rs. 500 with a minimum period of 12 months or Rs. 1000 for minimum 6 months.
3. Quarterly - Minimum amount for investment in SIP quarterly is Rs. 1500 which should be invested at least for a minimum investment period of one year.
Entry and Exit Load - Are you worried about entry load that you might have to bear by investing in SBI Bluechip Fund? Well, don’t worry as this scheme is free from any kind of entry load.
If an investor due to some reason has to redeem within one year, then he is liable to pay 1% as exit load. However, there is no exit load after completion of one year.
Fund Manager - If you are interested in investing in SBI Bluechip Fund Growth, you can do so without any worries as this scheme managed by one of the most experienced person, i.e., Ms. Sohini Andani. She has a total of twenty three years of experience and has been managing this fund since September 2010. She is a Commerce graduate from the University of Mumbai and is also a Chartered Accountant.
You may invest in SBI Bluechip Fund, a five-star scheme (rated by Value Research) through offline as well as online mode. To invest online, log on to MySIPonline, a platform worth investing through.