Fund Review: SBI Bluechip And Mirae Asset Emerging Bluechip

SBI Bluechip Fund On A Steady Rise This is one of the flagship funds from SBI Mutual Fund. A good stock selection strategy has worked in favour of the fund and delivered healthy returns over a long period. There have been times when the fund underperformed the benchmark, especially during 2017 and 2018, but it has rewarded investors with healthy returns in the long run. Currently, the fund’s portfolio is tilted towards the financial sector and top lenders account for little over 21 per cent. This is likely to help the fund gain from the rising interest rate scenario. Banks with good current account-savings account (CASA) ratio are expected to benefit from rising interest rates as their net interest margin will rise. Among the other top sectors it invests in are auto and technology. The fund is among the largest in OLM 50 on the basis of assets under management (AUM). Large-cap...