Top 7 SBI Mutual Funds With up to 28% Returns in 5 years: No. 1 scheme has turned Rs 13,333 monthly SIP investment into Rs 15.58 lakh
Top 7 SBI Mutual Funds With Best SIP Returns in 5 Years: SBI Mutual Fund House is one of the oldest PSU fund houses in India, having the largest assets under management (AUM) of Rs 11,16,708 crore. The fund house runs 124 schemes under equity, hybrid, and debt mutual funds. The fund house's large, mid, small cap schemes have been in existence for over a decade.
Top 7 SBI Mutual Funds With Best SIP Returns in 5 Years: The mutual fund industry has grown to a large size in India since its inception in 1963. Started with the central government-run UTI in 1963, the industry has 45 asset management companies (AMC) run by public and private sector companies. It has assets worth lakhs of crores. The number of mutual fund schemes is more than 2,000. Among all AMCs, SBI Mutual Fund House emerges as the biggest AMC with assets worth Rs 11,16,708 crore. One of the first public sector undertakings (PSUs) to start a mutual fund house in 1987, SBI Mutual Fund House has a total of 124 schemes in equity, hybrid, and debt funds. Some of its schemes are more than 2 decades old. Many of its schemes having large, mid, and small cap stocks have been benchmark beaters over the years. Here, we take you through the top 7 SBI mutual fund schemes that have given highest annualised SIP returns (XIRR) in 5 years. Also know how a Rs 13,333 monthly SIP investment in each fund has performed in those years.
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SBI PSU Fund
The fund has given 27.12 per cent annualised SIP return in 5 years.
It has assets under management (AUM) of Rs 4,543 crore, while its net asset value (NAV) is Rs 29.07.
Benchmarked against BSE PSU TRI, the fund has given 10.69 per cent annualised return since its debut in January 2013.
SBI PSU Fund
With an expense ratio of 0.79 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in the 5-year period, or a total investment of Rs 7,99,980, has grown to Rs 15.58 lakh.
SBI Contra Fund
The fund has given 24.44 per cent annualised SIP return in the 5-year time frame.
It AUM of Rs 41,634 crore, while its NAV is Rs 371.65.
Benchmarked against BSE 500 TRI, the fund has given 16.23 per cent annualised return since its inception in January 2013.
SBI Contra Fund
At an expense ratio of 0.6 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment each.
A Rs 13,333 monthly SIP investment in 5 years has converted into Rs 14.92 lakh.
SBI Long Term Equity Fund
The fund has given 23.21 per cent annualised SIP return the 5-year period.
It has an asset base of Rs 27,306 crore, while its unit price is Rs 415.42.
Benchmarked against BSE 500 TRI, the fund has given 16.05 per cent annualised return since its launch in January 2013.
SBI Long Term Equity Fund
With an expense ratio of 0.95 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in 5-year time frame has jumped to Rs 14.19 lakh.
SBI Infrastructure Fund
The fund has given 22.74 per cent annualised SIP return in 5 years.
It has a fund size of Rs 4,867 crore, while its unit price is Rs 45.71.
Benchmarked against NIFTY Infrastructure TRI, the fund has given 14.65 per cent annualised return since its starting in January 2013.
SBI Infrastructure Fund
At an expense ratio of 0.84 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment each.
A Rs 13,333 monthly SIP investment in 5-year period has swelled to Rs 14.04 lakh.
SBI Healthcare Opportunities Fund Direct Plan-Growth
The fund has given 22.17 per cent annualised SIP return in the 5-year time frame.
Its AUM is Rs 3,522 crore, while its NAV is Rs 436.68.
Benchmarked against BSE Healthcare TRI, the fund has given 17.68 per cent annualised return since its beginning in January 2013.
SBI Healthcare Opportunities Fund Direct Plan-Growth
With an expense ratio of 0.9 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in 5-year has grown to Rs 13.84 lakh.
SBI Magnum Mid Cap Direct Plan-Growth
The fund has given 20.49 per cent annualised SIP return the 5-year period.
It has an asset base of Rs 21,177 crore, while its NAV is Rs 229.45.
Benchmarked against NIFTY Midcap 150 TRI, the fund has given 18.86 per cent annualised return since its launch in January 2013.
SBI Magnum Mid Cap Direct Plan-Growth
At an expense ratio of 0.82 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in 5-year time frame has converted into Rs 13.29 lakh.
SBI Technology Opportunities Fund Direct-Growth
The fund has given 20.01 per cent annualised SIP return in 5 years.
It has a fund size of Rs 4,573 crore, while its unit price is Rs 226.7431.
Benchmarked against BSE Teck TRI, the fund has given 20.71 per cent annualised return since its inception in January 2013.
SBI Technology Opportunities Fund Direct-Growth
With an expense ratio of 0.85 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 13,333 monthly SIP investment in 5-year period has jumped to Rs 13.14 lakh.