NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

SBI Bluechip Fund Growth for NRI [92.09]

Min Investment

5,000

Fund Size

51,632.73 Cr

Expense Ratio

1.5%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

92.09

-0.88%

NAV as on 06 Oct 24, 12:00 AM

very high risk

large cap

equity

NAV as on 06 Oct 24, 12:00 AM

very high risk

large cap

equity

29.57%p.a.

Last 1Y

14.09%p.a.

Last 3Y

18.81%p.a.

Last 5Y

12.84%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 51,632.73 Cr fund under management as on Oct 2024. The expense ratio of this fund is less than that of most other Fund category Large-Cap funds.

  • SBI Bluechip Fund Growth delivered 29.6% annual returns during the last year. It has delivered 12.8% 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

7.75%

ICICI Bank Ltd

6.90%

Infosys Ltd

5.16%

ITC Ltd

4.89%

Reliance Industries Ltd

4.56%

Larsen & Toubro Ltd

4.45%

Tata Consultancy Services Ltd

4.02%

Kotak Mahindra Bank Ltd

3.17%

Britannia Industries Ltd

2.95%

Divi's Laboratories Ltd

2.70%

Fund Managers

  1. Saurabh Pant (Apr 2024 - Present)
  2. Pradeep Kesavan (Apr 2024 - Present)

Key Information

View Scheme Document

SBI Bluechip Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions