Top SBI ELSS Mutual Fund vs Top SBI large-cap Mutual Fund: Which option has given Rs 19 lakh more return on Rs 25,000 monthly SIP in 10 years
SBI Mutual Fund House's equity linked saving scheme (ELSS) fund is known as SBI Long Term Equity Fund, while its large-cap mutual fund is known as SBI Bluechip Fund.
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SBI Mutual Funds: State Bank of India is the largest mutual fund house in terms of assets under management in India with Rs 9,90,090 crores of base. The 37-year-old AMC runs as many as 59 mutual fund schemes. The fund's equity linked saving scheme (ELSS) fund is known as SBI Long Term Equity Fund, while its large-cap mutual fund is known as SBI Bluechip Fund. In this write-up, we will draw a comparison between the two on the basis of their SIP return performance in the 10-year period, and will also know the basic features of each of them.
Among SBI Mutual Fund house's ELSS and large-cap funds, SBI Long Term Equity Fund tops the list with 20.89 per cent annualised SIP returns in 10 years.
On the other hand, SBI Long Term Equity Fund's 10-year SIP returns are 16.54 per cent.
SBI Long Term Equity Fund
It's an ELSS fund with a lock-in investment period of three years.
The fund has AUM of Rs 25,738 crore, while its net asset value (NAV) is Rs 465.7452.
The fund has given an 18.15 per cent CAGR since its inception in January 2013.
The ELSS fund follows BSE 500 TRI as its benchmark. With an expense ratio of 0.94 per cent, the fund has Rs 1,000 as the minimum lump sum investment, while the minimum SIP investment in the fund is Rs 500.
It has invested 90.62 per cent of its money in equity, of which 51.24 per cent is in large-cap stocks and 23.65 per cent in mid-cap stocks.
The ELSS fund has 21.84 per cent of its investments in financial, 14.77 per cent in energy, and 8.51 per cent in capital goods.
In a portfolio of 61 stocks, the fund has GE T&D India Ltd, HDFC Bank Ltd, Mahindra and Mahindra, and ICICI Bank as its main stocks.
A Rs 25,000 monthly SIP in the fund in 10 years, or a total investment of Rs 30 lakh, has turned into Rs 90.30 lakh as of today's date.
SBI Bluechip Direct Plan-Growth
The large-cap fund has an asset base of Rs 49,177 crore, while its NAV rate is Rs 98.7117.
The fund has had a 16.56 per cent CAGR since its inception in January 2013.
Benchmarked against BSE 100 TRI, the fund has an expense ratio of 0.83 per cent.
The minimum lump sum investment in the fund is Rs 5,000, while the minimum SIP investment is Rs 500.
The fund has 98.07 per cent of its investments in equity, of which 82.33 per cent is in large-cap stocks and 14.81 per cent is in mid-cap stocks.
It has 25.63 per cent of its investments in the financial, 12.97 per cent in automobile, 9.56 per cent in consumer staples, and 8.60 per cent in technology sectors.
In its portfolio of 47 stocks, the fund has HDFC Bank, ICICI Bank, RIL, and Larsen & Toubro as its main holdings.
A Rs 25,000 monthly SIP in the fund has swelled to Rs 71.43 lakh in the five-year time frame.
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