The added effects from the fluid on a structure submerged in water significantly affect its dynamic response. Since the hydraulic turbine runner is geometrically complex and involves complicated flow phenomena, the research on simple hydrofoil offers a unique opportunity to investigate added effects and mutual interaction of the elastic structure and vortical flow. For this purpose, the fluid structure interaction of Francis-99 hydrofoil was analysed using the Stress Blended Eddy Simulation (SBES). Advantage of this hybrid RANS-LES turbulence model over RANS models is shown by its enhanced ability to represent vortex shedding. The results of modal sensitivity analysis showed, that fillets of the fixed hydrofoil have negligible influence on the natural frequencies of the hydrofoil and therefore the simplified geometry was used. The modal analysis of fully fixed hydrofoil both in the air and submerged in water were carried out to investigate the added mass effect. Moreover, the hydrodynamic damping for various flow velocities was also investigated for the first bending mode. Overall results are complemented by sensitivity analysis of time step size and mesh for both structural and fluid domains. The results showed that the computed damping ratio above the lock-in and vortex shedding frequency at lock-in are largely underestimated. Therefore, the geometry with blunt trailing edge was additionally tested.