Building a Strong Investment Portfolio with SBI Blue Chip Funds
As a business owner, your primary focus is growing your company and ensuring its success However, keeping your idle cash in a traditional savings account can be counterproductive, as it may not generate the returns you need to take your business to the next level. It is where mutual funds come in as a hassle-free investment option that can help grow your wealth while you focus on running your business
Keeping idle cash in a bank's current account is no longer a feasible option as the banks do not provide any returns on the money kept in the current account To get past this, mutual funds, such as SBI Blue Chip Fund can be an ally for business owners, as not only it generate decent returns, but they also provide investors with the following benefits:
● Diversification: Investing in mutual funds allows you to diversify your portfolio across various companies and sectors, reducing your overall risk
● Professional management: Mutual funds are managed by professionals who have years of experience and expertise in the market, providing peace of mind that your investments are in good hands
● Liquidity: Mutual funds also offer liquidity, allowing you to sell your units whenever you need cash The redemption process is quick and hassle-free, allowing you to access your funds whenever you need them.
While there are plenty of options available in the market, business owners can choose the fund as per their ideal investment duration, risk appetite, fund’s performance, investment approach and more. SBI Blue Chip Fund can be a suitable choice for investors with a long-term investment horizon and aggressive approach to investment
SBI Blue Chip fund regular growth is a well-diversified mutual fund scheme that invests in blue-chip companies with a proven record of stability and profitability. The 3-year returns from the fund, as of 2nd April, stood at 27 56% The fund manager aims to identify high-growth companies with a potential for long-term appreciation
SBI Blue Chip Fund growth invests across sectors such as finance, automobile, IT, and more to ensure diversification Apart from that, the fund’s expense ratio is also very low compared to the other few funds of the same category
SBI Blue Chip Fund regular growth is suitable for investors who are looking for long-term capital appreciation The primary asset of this fund is equity and equity-related securities of the large-cap companies, which allows investors to invest in the companies that have growth potential and are comparatively stable. Large-cap stocks are considered to be relatively
safer than mid-cap and small-cap stocks However, the returns from large-cap stocks are also comparatively lower than mid-cap and small-cap stocks.
If you are a business owner planning to park idle cash in mutual funds, look no further than Shootih: India’s First Business Wealth Management Platform Shootih is your ally in making the most of your idle cash with its unique features like data-driven investment recommendations, idle cash alerts, consolidated view of holdings, and more So, if you are ready to start your investment journey with SBI Blue Chip Fund Growth or want to explore more investment options, Shootih is your one-stop solution
Click the below link to explore more and start investing with Shootih today: https://shootih com/mutual-funds/sbi-blue-chip-fund-regular-plan-growth/INF200K01180
Original Sourcehttps://medium com/@shootih marketing/building-a-strong-investment-portfolio-with-sbi-bluechip-funds-a002ad53ce5b
