I have invested 1000 per month in SBI Blue Chip Fund- Growth option. It is Large Cap Fund. Currently it ranks no. 1 in Large cap category mutual fund.( reference: Moneycontrol.com) In last 3 years it gives 20.7% returns. It is launched on 20 Jan 2006. It’s fund manager is Sohini Andani. It invests mainly in Banking / Finance( 21%), Automotive(11%) Pharamceutical(10%) etc. The major shares where it invests money are HDFC Bank, Reliance, UPL, Infosys, HPCL, Sun Pharma, Ultratech Cement etc. So if you are long term investor then SBI Blue Chip fund is best option for you as it is having very Low risk and high Gain