NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹90.22
-1.32%
NAV as on 17 Dec 24, 12:00 AM
very high risk
large cap
equity
NAV as on 17 Dec 24, 12:00 AM
very high risk
large cap
equity
17.61%p.a.
Last 1Y
14.86%p.a.
Last 3Y
16.83%p.a.
Last 5Y
12.36%p.a.
Since Inception
About SBI Bluechip Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Bluechip Fund Growth scheme from SBI Funds Management Ltd. It is a Large-Cap mutual fund scheme that predominantly invests in Large-Cap stocks of companies. Launched on Feb 2006, SBI Bluechip Fund Growth is Large-Cap fund of its category with 50,502.29 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.
- SBI Bluechip Fund Growth delivered 17.6% annual returns during the last year. It has delivered 12.4% average annual returns since the fund was launched.
- SBI Bluechip Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of large cap equity stocks (as specified by SEBI/AMFI from time to time).
Top 10 Holdings
HDFC Bank Ltd
9.84%
ICICI Bank Ltd
7.47%
Infosys Ltd
5.04%
ITC Ltd
4.75%
Larsen & Toubro Ltd
4.57%
Reliance Industries Ltd
3.99%
Tata Consultancy Services Ltd
3.86%
Divi's Laboratories Ltd
3.34%
Kotak Mahindra Bank Ltd
3.22%
State Bank of India
2.87%
Fund Managers
- Saurabh Pant (Apr 2024 - Present)
- Pradeep Kesavan (Apr 2024 - Present)
Key Information
View Scheme Document
SBI Bluechip Fund Growth SIP Calculator
If invested
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on SBI Bluechip Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in SBI Bluechip Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in SBI Bluechip Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
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ICICI Prudential Bluechip Fund Growth
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18.7%
Mirae Asset Large Cap Fund Growth
very high risk | equity
12.8%
HDFC Top 100 Fund Growth
very high risk | equity
18.8%
Frequently Asked Questions
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