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I am planning to invest in SBI blue chip fund for 3-5 yrs with 8k SIP per month. Is it a  good scheme to invest?
That sounds good. How much risk is involved in this investment?
Every investment involves some degree of risk, including mutual funds. SBI Blue Chip Fund invests in large-cap stocks, which are considered less risky than mid or small-cap stocks. However, these investments are subject to market fluctuations and can be impacted by factors such as economic conditions, regulatory changes, and company-specific news. Before investing, it is important to assess your risk profile and consult with a financial advisor.