Table of Contents
SBI Blue Chip Fund and Axis Focused 25 Fund both the schemes are equity-oriented ones that belong to large-cap category. Though both schemes belong to the same category, yet there exist differences between both of them. On a general note, Large cap funds are the schemes that invest their accumulated fund money in shares of large-cap companies. These companies are also known as bluechip companies. These companies depict consistency in their performance with respect to returns and growth on a yearly Basis. The Market capitalization is more than INR 10,000 crores and they are huge in size and manpower. So, let us understand the differences between SBI Blue Chip Fund and Axis Focused 25 Fund based on various parameters such as AUM, Current NAV, and performance.
SBI Blue Chip Fund was launched on February 14, 2006, and is a large-cap Mutual Fund scheme offered by SBI Mutual Fund. Its objective is to provide the investors with Capital growth in the long-term by Investing in shares of companies that form part of its benchmark index. SBI Blue Chip Fund uses S&P BSE 100 Index as its benchmark to build its Portfolio.
The top constituents that form part of SBI Blue Chip Fund’s portfolio include (as on March 31, 2018) HDFC Bank Limited, Larsen & Toubro Limited, ITC Limited, Mahindra & Mahindra Limited and Nestle India Limited.
Ms. Sohini Andani is the Fund Manager managing SBI Blue Chip Fund. SBI Blue Chip Fund is suitable for investors who want exposure to Indian Blue Chip companies from a medium to long-term perspective.
Axis Focused 25 Fund is an open-ended large-cap fund was launched on June 29, 2012. This scheme uses Nifty 50 as its index to construct the portfolio and is managed and offered by Axis Mutual Fund. The fund manager who manages the Axis Focused 25 Fund is Mr. Jinesh Gopani.
The top constituents of Axis Focused 25 Fund (as on March 31, 2018) included Bajaj Finance Limited, HDFC Limited, Shree Cements Limited, and Supreme Industries Limited.
The features of Axis Focused 25 Fund is embedded risk management system to control the risk of portfolio concentration and high conviction investing with a maximum of 25 stocks in the portfolio. The scheme’s objective is to attain growth in the capital in long-term by investing in a concentrated portfolio of equity instruments to a maximum of 25 companies.
Though SBI Blue Chip Fund and Axis Focused 25 Fund both belong to the same category yet there exist differences between them based on various parameters. So, let us compare both the schemes on these parameters that are classified into four sections given below as follows.
It is the first section in the comparison of both the schemes. The elements forming part of basics section include current NAV, Fincash Rating, and scheme category. The current NAV of both the schemes shows that there exists a significant difference between the NAVs of both the schemes. As on April 20, 2018, the NAV of SBI Blue Chip Fund is approximately INR 38 while of Axis Focused 25 Fund is INR 27.
The comparison of Fincash Rating shows that, SBI Blue Chip Fund is a 4-Star rated scheme, while Axis Focused 25 Fund is 5-Star rated scheme.
The scheme category of both the scheme reveals both the scheme belongs to the same category of Equity Large Cap. The summary comparison of the basics section is as shown in the table given below.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load SBI Bluechip Fund
Growth
Fund Details ₹78.8192 ↑ 0.11 (0.13 %) ₹43,355 on 29 Feb 24 14 Feb 06 ☆☆☆☆ Equity Large Cap 9 Moderately High 1.64 1.53 -1.06 -5.25 Not Available 0-1 Years (1%),1 Years and above(NIL) Axis Focused 25 Fund
Growth
Fund Details ₹48.4 ↑ 0.52 (1.09 %) ₹13,538 on 29 Feb 24 29 Jun 12 ☆☆☆☆☆ Equity Focused 7 Moderately High 1.74 1.41 -1.88 -10.98 Not Available 0-12 Months (1%),12 Months and above(NIL)
The performance section compares the CAGR or Compounded Annual Growth Rate Returns for both the schemes at different time intervals. It is the second section in the comparison of both the schemes. The comparison of performance section reveals that in most time intervals, the returns generated by Axis Focused 25 Fund is higher as compared to the returns generated by SBI Blue Chip Fund. The table given below shows the summary of performance section.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch SBI Bluechip Fund
Growth
Fund Details 1% 2.6% 10.3% 30% 15.6% 15.4% 12.1% Axis Focused 25 Fund
Growth
Fund Details 3.3% 6.4% 14.3% 35.2% 9.2% 12.6% 14.4%
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Being the third section in the comparison, it compares the absolute returns between both the scheme for a particular year. The comparison of yearly performance reveals that for certain years the performance of SBI Blue Chip Fund is better while in others, the performance of Axis Focused 25 Fund is better. The summary comparison of the yearly performance section is tabulated as follows.
Parameters Yearly Performance 2023 2022 2021 2020 2019 SBI Bluechip Fund
Growth
Fund Details 22.6% 4.4% 26.1% 16.3% 11.6% Axis Focused 25 Fund
Growth
Fund Details 17.2% -14.5% 24% 21% 14.7%
The elements that are compared in the other details section include AUM, minimum SIP investment, and minimum lumpsum investment. The comparison of AUM reveals that there is a significant difference between the AUM of both the schemes.
As on March 31, 2018, the AUM of SBI Blue Chip Fund was INR 17,724 Crores while of Axis Focused 25 Fund was INR 3,154 Crores.
The minimum lumpsum investment for the schemes is same, that is, INR 5,000. However, the minimum SIP investment is different for both the schemes. In case of SBI Blue Chip Fund, the SIP amount is INR 500 while for Axis Focused 25 Fund, it is INR 1,000. The table given below compares the other details section.
Parameters Other Details Min SIP Investment Min Investment Fund Manager SBI Bluechip Fund
Growth
Fund Details ₹500 ₹5,000 Sohini Andani - 13.51 Yr. Axis Focused 25 Fund
Growth
Fund Details ₹500 ₹5,000 Sachin Relekar - 0.08 Yr.
SBI Bluechip Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹10,693 28 Feb 21 ₹14,270 28 Feb 22 ₹16,079 28 Feb 23 ₹17,090 29 Feb 24 ₹21,376 Axis Focused 25 Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 28 Feb 19 ₹10,000 29 Feb 20 ₹11,841 28 Feb 21 ₹14,545 28 Feb 22 ₹16,492 28 Feb 23 ₹14,363 29 Feb 24 ₹17,995
SBI Bluechip Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 4.34% Equity 95.66% Equity Sector Allocation
Sector Value Financial Services 29.58% Consumer Cyclical 16.68% Consumer Defensive 10.77% Industrials 10.58% Health Care 7.23% Basic Materials 6.96% Technology 4.57% Energy 4.4% Real Estate 2.6% Communication Services 2.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK8% ₹3,509 Cr 25,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 06 | ICICIBANK8% ₹3,373 Cr 32,053,104 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 09 | LT6% ₹2,579 Cr 7,417,268 Infosys Ltd (Technology)
Equity, Since 30 Nov 17 | INFY5% ₹1,992 Cr 11,900,000 ITC Ltd (Consumer Defensive)
Equity, Since 29 Feb 12 | ITC5% ₹1,991 Cr 49,000,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 15 | RELIANCE4% ₹1,861 Cr 6,370,915 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 22 | 5000344% ₹1,829 Cr 2,815,833 Britannia Industries Ltd (Consumer Defensive)
Equity, Since 31 Oct 14 | 5008253% ₹1,292 Cr 2,601,838
↑ 206,866 Page Industries Ltd (Consumer Cyclical)
Equity, Since 30 Apr 21 | 5328273% ₹1,088 Cr 317,000 Sun Pharmaceuticals Industries Ltd (Healthcare)
Equity, Since 31 Aug 19 | SUNPHARMA2% ₹1,009 Cr 6,392,866 Axis Focused 25 Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.41% Equity 97.59% Equity Sector Allocation
Sector Value Financial Services 27.02% Basic Materials 14.31% Technology 11.56% Health Care 8.06% Consumer Cyclical 8.04% Consumer Defensive 6.91% Communication Services 6.76% Utility 5.27% Energy 4.6% Real Estate 3.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 5000348% ₹1,123 Cr 1,636,856
↓ -34,742 Tata Consultancy Services Ltd (Technology)
Equity, Since 28 Feb 18 | TCS8% ₹1,066 Cr 2,792,844
↓ -76,480 Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 30 Apr 17 | 5403767% ₹958 Cr 2,526,701
↓ -210,000 Pidilite Industries Ltd (Basic Materials)
Equity, Since 30 Jun 16 | PIDILITIND6% ₹893 Cr 3,523,830
↓ -28,810 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 21 | ICICIBANK6% ₹856 Cr 8,323,068 Info Edge (India) Ltd (Communication Services)
Equity, Since 31 Jul 16 | NAUKRI5% ₹742 Cr 1,475,402
↓ -299,462 Divi's Laboratories Ltd (Healthcare)
Equity, Since 31 Jul 19 | DIVISLAB5% ₹740 Cr 2,016,680
↓ -45,228 Torrent Power Ltd (Utilities)
Equity, Since 28 Feb 21 | 5327795% ₹730 Cr 7,023,691 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE5% ₹637 Cr 2,232,716 Bajaj Finserv Ltd (Financial Services)
Equity, Since 31 Oct 16 | 5329785% ₹634 Cr 3,894,424
Therefore, from the above-mentioned pointers, it can be said that both the schemes differ on account of numerous parameters. Resultantly, individuals should be careful and cautious while choosing any of the schemes for investment. They should understand the modalities of the scheme completely and check whether it suits their objective or not. This will help individuals, to attain their objectives on time and ensure that their money is safe.
good details provided helpful for decesion making
Very nice comparision to understand indepth of the two funds