SBI Mutual Fund In terms of long -term investments, investors prioritize their money safety than high returns. But what could be better than both security and good returns? There are many large cap mutual funds which have met the expectations of investors on both these standards.
SBI Bluechip Fund
In this article, we will review the performance of SBI Bluechip Fund – a large cap fund that has given continuous returns since its start in February 2006. The fund has given a return of 12.18% since the launch.
How much return got by SIP in SBI Bluechip Fund
SBI Bluechip Fund has earned an annual income of 12.18%, which has converted SIP of Rs 10,000 in a large fund of Rs 98.54 lakh in 19 years.
777% returns on lump sum investment
In SBI Bluechip Fund, if you had invested Rs 1 lakh when the plan started 19 years ago, it would have changed your investment into funds of Rs 8.77 lakh, which would have given a perfect benefit of 777.48%.
Return of SBI Bluechip Fund (Annual):
* 1 year – 12.46% * 3 year – 12.89% * 5 years – 16.10% * 7 year – 12.33% * 10 years – 12.78% * 15 years – 12.94% * From the beginning – 12.18%
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