Top 4 SBI mutual funds that have converted Rs 13,100 monthly SIP investment into at least Rs 50 lakh in 10 years
Top 4 SBI Mutual Funds With Highest SIP Returns in 10 Years: Weathering many share market storms over the decade, some SBI equity mutual funds have emerged as some of the highly consistent long-term performers, multiplying investor wealth multiple times in the 10-year period.
Top 4 SBI Mutual Funds With Best SIP Returns in 10 Years: SBI Mutual Fund House is India's largest asset management company (AMC) with over Rs 11,34,051 crores of assets under its ambit.
Established in 1987, the fund house runs as many as 122 schemes in equity, hybrid, and debt funds.
As one of the established names in the mutual fund industry, a lot of investors prefer investing in SBI mutual fund schemes for their credibility and consistency.
In the long term, many of SBI Mutual Fund schemes have been benchmark beaters.
Many sit at prominent positions among top-performing mutual fund schemes in the last decade.
In this write-up, we will take you through the top 4 SBI mutual fund schemes that have converted Rs 13,100 monthly investment into at least Rs 50 lakh.
SBI Small Cap Fund - Direct Plan
The fund has given 23.84 per cent annualised SIP returns in 10 years.
It has assets under management (AUM) of Rs 34,217 crore, while its net asset value (NAV) is Rs 204.7065.
Benchmarked against BSE 250 SmallCap TRI, the fund given 26.33 per cent annualised returns since its debut in January 2013.
With an expense ratio of 0.66 per cent, the fund has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
In its 57-stock portfolio, the fund has Kalptaru Project, Blue Star, Ge T&D India, and Finolex as the main stocks.
A Rs 13,100 monthly SIP in the fund in the 10-year time frame, or a total investment of Rs 15,72,000, has grown to Rs 55,50,402.
SBI Contra Fund - Direct Plan
The fund has given 22 per cent annualised SIP returns in the 10-year period.
It has AUM of Rs 41,327 crore, while its NAV is Rs 412.2606.
Benchmarked against BSE 500 TRI, the fund given 17.76 per cent annualised returns since its inception in January 2013.
At an expense ratio of 0.58 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
In its 92-stock portfolio, the fund's main holdings are HDFC Bank, RIL, GAIL (India), Kotak Bank and Whirlpool pf India.
A Rs 13,100 monthly SIP in the fund has converted into Rs 50,24,292 in 10 years.
SBI Infrastructure Fund - Direct Plan
The fund has given 21.97 per cent annualised SIP returns in the 10-year time frame.
It has an asset base of Rs 5,071 crore, while its NAV is Rs 55.0926.
Benchmarked against NIFTY Infrastructure TRI, the fund given 16.93 per cent annualised returns since its launch in January 2013.
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.
In its 43-stock portfolio, the fund has RIL, L&T, Bharti Airtel, Shree Cement, and Indian Energy Exchange as the main holdings.
A Rs 13,100 monthly SIP in the fund has jumped to Rs 50,16,354 in the 10-year period.
SBI Technology Opportunities Fund - Direct Plan
The fund has given 21.93 per cent annualised SIP returns in 10 years.
It has AUM of Rs 4,435 crore, while its unit price is Rs 236.1504.
Benchmarked against BSE Teck TRI, the fund given 21.78 per cent annualised returns since its beginning in January 2013.
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.
In a 29-stock portfolio, the fund has Infosys, Bharti Airtel, TCS, Firstsource, and Coforge as the main holdings.
A Rs 13,100 monthly SIP in the fund has swelled to Rs 50,07,632 in the 10-year time frame.
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