After the third quarter results, expectations of sustained earnings growth going ahead are high, especially among large-sized companies. Therefore, it makes sense to be invested in mutual fund schemes that focus on large companies. One such scheme is SBI Bluechip Fund that has managed to perform across market cycles.
The scheme, being managed by Sohini Andani for about seven years, invests 80 per cent of its corpus in large-sized companies and the remaining in mid-sized companies. Andani follows a bottom-up approach, which has rewarded the investors of the fund. In the past three- and five-year periods, the scheme has delivered close to 10 per cent and 18.4 per cent returns, while its benchmark, S&P BSE100, has delivered 6.35 per cent and 13.5 per cent.
In the past six months, the fund manager has struck a balance between defensive and non-defensive themes in the portfolio, and has added well established and less leveraged companies, such as HDFC Bank, and Larson & Toubro, which are also leaders in their sectors.
MF Tracker: Is SBI Bluechip Fund worth considering when Nifty is down 13% from peak
