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SBI Mutual Fund There are many investments available in the market today. Be it the stock market, mutual funds or fixed deposits, the ultimate goal of every investor is always to get a good return on investment. Those who want to become a millionaire by investing less can invest in SIP of mutual funds. For this, you have to save a small amount of money every month and invest in SIP.

SBI Bluechip Fund
This fund has been hitting its benchmarks over the years. You can do lump sum as well as SIP in this fund. For its one-year returns, this fund has given 20.06% in one year, 23.4% in three years and 15.3% in five years, and the all-time return of the fund is 15.35%. Still if you look at its Net Asset Value, it is Rs 78.21 crore and its fund size is Rs 38,880 crore. In this fund, the minimum SIP can start from Rs 500. If you look at the holdings in these funds, they are HDFC, ICICI, ITC Ltd etc. If you look at its sector holdings, they are financials, automobile, consumer, staples etc. The expense ratio of SBI Bluechip Fund is 0.87% and if you exit the fund in 1 year, the exit load will be 1%.

Invest 50,000 rupees – it will become 33 lakh 10 thousand
Suppose you invest Rs 50,000 in it, then we will assume that the return of this fund will be 15%, looking at its return history. This return is not at all certain, because we know that the return in mutual funds depends entirely on market conditions. Now let us assume a period of 30 years, because if mutual funds with large amounts are always created in the long term, then your total fund will become 33 lakh 10 thousand. If you want to increase the amount of the fund, then you can increase the investment as per your convenience.

Disclaimer : Investment in mutual funds and stock market is based on risk. Before investing in the stock market, consult your financial advisor. tezzbuzz.com will not be responsible for any financial loss.

News Title : SBI Mutual Fund 14 August 2024.