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Fincash » ABSL Frontline Equity Vs SBI Blue Chip Fund

Aditya Birla Sun Life Frontline Equity Fund Vs SBI Blue Chip Fund

Updated on September 29, 2023 , 4365 views

Aditya Birla Sun Life Frontline Equity Fund and SBI Blue Chip Fund both the schemes belong to the large-cap category of equity fund. Large cap funds invest their corpus in shares of companies having a Market capitalization above INR 10,000 crores. Companies forming part of the large-cap category are considered as the market leaders in their Industry. These companies show a steady growth on a timely Basis. In addition, during economic downturns, a lot of people tend to focus more towards large-cap companies. It's because, during such periods the share prices of these companies do not fluctuate much. Though Aditya Birla Sun Life Frontline Equity Fund and SBI Bluechip Fund belong to the same category yet, there are differences between them in terms of various parameters. So, let us understand the differences between Aditya Birla Sun Life Frontline Equity Fund Vs SBI Blue Chip Fund.

Aditya Birla Sun Life Frontline Equity Fund

Aditya Birla Sun Life (ABSL) Frontline Equity Fund is an open-ended scheme offered by Aditya Birla Mutual Fund under the large-cap category. This scheme was launched in the month of August 2002. The objective of ABSL Frontline Equity Fund is long-term Capital growth from a Portfolio that constitutes 100% allocation towards equity instruments across various sectors. Some of the best points of this scheme are an investment in promising companies across industries and wealth creation with equity investments. The scheme uses S&P BSE 200 as its benchmark index to build its portfolio. As on March 31, 2018, some of the top holdings of ABSL Frontline Equity Fund’s portfolio included HDFC Bank Limited, ICICI Bank Limited, Infosys Limited, and Larsen Toubro Limited. Mr. Mahesh Patil is the sole fund manager of Aditya Birla Sun Life Frontline Equity Fund.

SBI Blue Chip Fund

SBI Blue Chip Fund is managed by SBI Mutual Fund. This open-ended large-cap Mutual Fund scheme was launched on February 14, 2006, and uses S&P BSE 100 Index as its benchmark to construct its portfolio. The objective of SBI Blue Chip Fund is to attain long-term capital growth by Investing in large-cap stocks whose market capitalization is not less than the last stock forming part of its benchmark index. As on March 31, 2018, some of the top 10 holdings of SBI Blue Chip Fund included Mahindra & Mahindra Limited, ITC Limited, Nestle Limited, and Hero Motocorp Limited. The fund manager managing the SBI Blue Chip Fund is Ms. Sohini Andani. The scheme is suitable for investors seeking exposure in blue chip Indian companies from a medium to long-term perspective.

Aditya Birla Sun Life Frontline Equity Fund Vs SBI Blue Chip Fund

Though both ABSL Frontline Equity Fund and SBI Blue Chip Fund belong to the same category, yet; they differ on account of numerous parameters such as Current NAV, performance, and so on. So, let us understand the differences between these schemes through four sections, namely, basics section, performance section, yearly performance section, and other details section.

Basics Section

It is the first section in comparison of both the schemes. The parameters that form part of the basics section include Current NAV, Fincash Ratings, and Scheme Category. To begin with, the current NAV is can be said that there is a significant difference between the NAV of both the schemes. As on April 17, 2018, the NAV of Aditya Birla Sun Life Frontline Equity Fund was approximately INR 216 while of SBI Blue Chip Fund was approximately INR 38. Comparing the Fincash Ratings, it can be said that ABSL Frontline Equity Fund is rated as 4-Star scheme while SBI Blue Chip Fund is rated as 3-Star. With respect to the scheme category, it can be said that both the schemes belong to the same category, that is Equity Large Cap. The comparison summary of the basics section is as follows.

Parameters
BasicsNAV
Net Assets (Cr)
Launch Date
Rating
Category
Sub Cat.
Category Rank
Risk
Expense Ratio
Sharpe Ratio
Information Ratio
Alpha Ratio
Benchmark
Exit Load
Aditya Birla Sun Life Frontline Equity Fund
Growth
Fund Details
₹386.08 ↑ 0.94   (0.24 %)
₹23,758 on 31 Jul 23
30 Aug 02
Equity
Large Cap
14
Moderately High
1.73
0.93
0.35
3.34
Not Available
0-365 Days (1%),365 Days and above(NIL)
SBI Bluechip Fund
Growth
Fund Details
₹70.3455 ↑ 0.13   (0.19 %)
₹39,301 on 31 Jul 23
14 Feb 06
Equity
Large Cap
9
Moderately High
1.64
1.07
0.14
2.62
Not Available
0-1 Years (1%),1 Years and above(NIL)

Performance Section

Being the second section, here the Compounded Annual Growth Rate or CAGR returns between both the schemes are compared. The CAGR returns are compared at various time intervals such as 1 Month Returns, 3 Month Returns, 3 Year Returns, and Returns Since Inception. With respect to the performance of both the schemes, it can be said on a holistic note that the performance of ABSL Frontline Equity Fund is better than the performance of SBI Blue Chip Fund. The summary of the performance section is tabulated as follows.

Parameters
Performance1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Since launch
Aditya Birla Sun Life Frontline Equity Fund
Growth
Fund Details
-0.2%
8.3%
13%
13.3%
20.9%
11%
19%
SBI Bluechip Fund
Growth
Fund Details
-1.6%
6.4%
11.9%
14.3%
21.3%
12.1%
11.8%

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Yearly Performance Section

In this section of performance, the absolute returns between both the schemes for a particular year is compared. The comparison of yearly performance section reveals that for certain year SBI Blue Chip Fund has performed better while for other years, Birla Sun Life Frontline Equity Fund has done well. The comparison of yearly performance section is given below as follows.

Parameters
Yearly Performance2022
2021
2020
2019
2018
Aditya Birla Sun Life Frontline Equity Fund
Growth
Fund Details
3.5%
27.9%
14.2%
7.6%
-2.9%
SBI Bluechip Fund
Growth
Fund Details
4.4%
26.1%
16.3%
11.6%
-4.1%

Other Details Section

Being the last section in the comparison between both the schemes, the comparable elements under other details section include AUM, minimum SIP investment, minimum lumpsum investment, and others. To begin with the AUM, it can be said that ABSL Frontline Equity Fund leads the race. As on March 31, 2018, the AUM of ABSL Frontline Equity Fund was approximately INR 19,373 crores while of SBI Blue Chip Fund as on February 28, 2018, was approximately INR 17,665 Crores. The minimum SIP investment for ABSL’s scheme is INR 1,000 while of SBI is INR 500. Even in case of minimum lumpsum investment, for ABSL Frontline Equity Fund, the amount is INR 1,000 and for SBI Blue Chip Fund is INR 5,000. The summary comparison of the other details section is tabulated as follows.

Parameters
Other DetailsMin SIP Investment
Min Investment
Fund Manager
Aditya Birla Sun Life Frontline Equity Fund
Growth
Fund Details
₹100
₹1,000
Mahesh Patil - 17.8 Yr.
SBI Bluechip Fund
Growth
Fund Details
₹500
₹5,000
Sohini Andani - 13.01 Yr.

Growth of 10k Investments over the years

Growth of 10,000 investment over the years.
Aditya Birla Sun Life Frontline Equity Fund
Growth
Fund Details
DateValue
30 Sep 18₹10,000
30 Sep 19₹10,410
30 Sep 20₹10,082
30 Sep 21₹16,165
30 Sep 22₹15,879
30 Sep 23₹18,573
Growth of 10,000 investment over the years.
SBI Bluechip Fund
Growth
Fund Details
DateValue
30 Sep 18₹10,000
30 Sep 19₹10,897
30 Sep 20₹10,456
30 Sep 21₹16,805
30 Sep 22₹16,551
30 Sep 23₹19,550

Detailed Assets & Holdings Comparison

Asset Allocation
Aditya Birla Sun Life Frontline Equity Fund
Growth
Fund Details
Asset ClassValue
Cash1%
Equity98.99%
Debt0%
Equity Sector Allocation
SectorValue
Financial Services36.81%
Consumer Cyclical12.42%
Technology9.87%
Industrials7.5%
Consumer Defensive7.32%
Energy6.19%
Basic Materials5.81%
Health Care5.54%
Communication Services3.87%
Utility2.02%
Real Estate1.64%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 07 | HDFCBANK
11%₹2,552 Cr16,242,924
↑ 2,069,424
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK
9%₹2,032 Cr21,189,918
Infosys Ltd (Technology)
Equity, Since 30 Apr 05 | INFY
6%₹1,417 Cr9,874,127
Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 05 | RELIANCE
5%₹1,250 Cr5,193,755
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 08 | LT
5%₹1,070 Cr3,957,641
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 13 | 532215
3%₹817 Cr8,391,819
↓ -431,178
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 17 | BHARTIARTL
3%₹714 Cr8,342,637
State Bank of India (Financial Services)
Equity, Since 31 Oct 08 | SBIN
3%₹640 Cr11,401,570
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 28 Feb 15 | M&M
3%₹588 Cr3,735,556
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 08 | ITC
2%₹563 Cr12,812,316
Asset Allocation
SBI Bluechip Fund
Growth
Fund Details
Asset ClassValue
Cash5.69%
Equity94.31%
Equity Sector Allocation
SectorValue
Financial Services32.47%
Consumer Cyclical16.62%
Consumer Defensive11.26%
Industrials9.01%
Health Care6.65%
Basic Materials5.15%
Technology4.93%
Energy4.43%
Real Estate1.95%
Communication Services1.86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
10%₹3,982 Cr25,341,936
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | ICICIBANK
8%₹3,073 Cr32,053,104
↓ -1,000,000
ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC
6%₹2,155 Cr49,000,000
Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 09 | LT
5%₹2,044 Cr7,562,209
Infosys Ltd (Technology)
Equity, Since 30 Nov 17 | INFY
5%₹1,915 Cr13,342,178
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 22 | 500034
4%₹1,647 Cr2,300,000
↑ 240,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 15 | RELIANCE
4%₹1,461 Cr6,070,915
Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | 532827
3%₹1,273 Cr317,000
Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Oct 14 | 500825
3%₹1,070 Cr2,394,972
↑ 300,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Mar 12 | DIVISLAB
3%₹999 Cr2,781,710

Thus, from the above parameters, it can be said that there does exist differences between Aditya Birla Sun Life Frontline Equity Fund and SBI Blue Chip Fund. As a result, individuals should understand the functioning of a scheme before investing in it. They should also ensure whether their investment objective is in-line with the scheme’s objective or not. This will help individuals to attain their objectives on-time in a hassle-free manner.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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