Should I invest in SBI Bluechip Fund?

I am 20 years old and I want to start investing in mutual funds via SIPs. I would like to invest in SBI Bluechip Fund (G) for five years. My mother will invest in my place using her information and account details. I would prefer to invest online. If we invest Rs 2,000 every month for five years it means we are investing Rs 1,20,000 in this particular SIP. So after five years what amount will we get?
-- Rudhi Sharma

Shweta Jain, founder & CEO, Investography, responds:

I would not recommend SBI Bluechip Fund as it has become a very large fund to manage and you can see that in its performance. You can invest in ICICI Prudential Nifty Next 50 Fund. It is an index fund, hence costs will be low. You can expect a return of 12-15 per cent per annum. But I would urge you to increase your time horizon. If you give more time to your investment, you will get more money.